Finance

Russian oil sanctions fuel boom for old tankers

As Western shipping and maritime services firms steer clear of Russian oil to avoid falling foul of sanctions or harming their reputations, new companies have leapt into the void.

FTX blowout puts CFTC head in crosshairs

Attention has turned to Commodity Futures Trading Commission Chairman Rostin Behnam amid the collapse of FTX as he prepares to face lawmakers Thursday.

Why the investing pros were such suckers for FTX

Dozens of the world’s leading investment firms, including Sequoia Capital, SoftBank Group Corp., and hedge funds Third Point and Tiger Global, showered Sam Bankman-Fried with money.