The reports of attacks on commercial ships came after the US said it "eliminated" 16 Iranian mine-layers in the area. Elsewhere, two drones were downed near Dubai airport.

The US says the ships were targeted in the Strait of Hormuz - a key shipping route. In Dubai, authorities say the airport is operating normally after two drones were downed in the area.

Duncan Lamont, Head of Strategic Research at Schroders, explains why selling equities during periods of geopolitical stress can be an expensive mistake.

Aetna Insurance has a categorical exemption barring trans women with gender dysphoria from receiving facial feminization surgery.

More and more, governments have seen a need to compel changes in corporate behavior to achieve their foreign policy aims—in effect, to dabble in state capitalism. That shift has been in the works for ...