Episode Details
Back to EpisodesDiesel Prices Climbed This Week – And Look Like They’ll Stay High – While Banks Just Loaned TikTok-Parent ByteDance A Big Stack Of Cash
Published 1 month, 1 week ago
Description
Diesel is closing in on a record all-time high, pushed up by damage to oil refineries and the ongoing closure of the Strait of Hormuz – while ByteDance’s loan is Asia’s second-biggest of the year, the fact that banks were more or less throwing themselves at the firm says a lot about the AI boom.
Today’s stories:
- Diesel Prices Climbed This Week – And Look Like They’ll Stay High
- Chinese AI Giant ByteDance Just Took Out A Massive Loan