
Shell Flags Weak Trading Performance in Volatile Second Quarter
Oil prices swung wildly in the period, sinking to a four-year low in April as US President Donald Trump unleashed his global trade war and OPEC+ boosted supply, then spiking last month as Israel struck targets in Iran. They have since retreated below $70 a barrel.

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Business Upturn
13 minutes ago
- Business Upturn
Dow slides over 500 points as Trump announces fresh tariffs on Japan, South Korea and BRICS countries
By Aditya Bhagchandani Published on July 7, 2025, 22:21 IST United States stock markets tumbled on Monday after President Donald Trump announced new tariffs targeting countries associated with BRICS and formalized a 25% levy on imports from Japan and South Korea. The announcement fueled investor concerns about escalating trade tensions and their potential impact on the global economy. At around 12:21 PM ET, the Dow Jones Industrial Average fell by 525 points, or 1.17%, reflecting broad-based losses across major sectors. The Nasdaq 100 also declined by 0.91%, shedding about 207 points, while the S&P 500 lost 0.96% at the same time. In currency markets, the euro weakened against the dollar amid the market jitters, slipping 0.42% to trade at $1.17248 as of 12:28 PM ET. The sell-off comes after Trump outlined additional tariffs on BRICS-affiliated nations and formally imposed a blanket 25% tariff on all imports from Japan and South Korea, effective August 1, 2025. The administration framed the move as necessary to address long-standing trade deficits and protect U.S. economic and national security interests. Investors remain cautious as the tariffs could lead to retaliatory measures and disrupt global supply chains, putting further pressure on equities and currency markets. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

Wall Street Journal
13 minutes ago
- Wall Street Journal
Musk's Playbook Won't Do for Social Security
Your editorial 'The Social Security Iceberg Gets Closer' (June 20) rightly warns that delaying reform will make eventual fixes more difficult and painful. Effective solutions don't require gutting benefits or indulging political theater about fraud. One idea is to modernize the benefit formula to target assistance better. Social Security must protect those with lower lifetime earnings, but the program can be made more progressive by slightly slowing benefit growth for higher-income retirees, many of whom live longer and collect more. Increasing the number of working years used to calculate benefits would also improve incentives to work at older ages and help reduce the program's shortfall.


CNET
13 minutes ago
- CNET
I Highly Recommend This Security Cam to Anyone on a Budget, and Now It's 50% Off for Prime Day
I've tested dozens of security cameras over the years from brands like Blink, Lorex, Ring, Arlo and more. And no matter which model I'm looking at, one thing always holds constant: A camera with premium features is typically going to come with a hefty price tag. Prices for just a single camera can easily run $200 or even more. So when you're trying to put together a system with multiple cameras, the total cost can get out of hand quickly. But the second-gen Arlo Essential 2K cam surprisingly manages to stand out from the pack, and I recommend it as an affordable security solution for those who are on a budget. Right now ahead of Prime Day, it's marked down by 50% on Amazon, dropping the price to just $50. That's a seriously good price for a camera that offers many of the same features of Arlo's highest-end models. If you're in the market for more than one security camera, the two-pack is currently discounted by 58%, bringing the price down to $80 from its usual $190 price tag. What I like about the Arlo security camera While testing the Arlo Essential 2K Cam, I found the indoor-outdoor wireless camera performs well. The 2K resolution helps gather plenty of details, it's highly weather resistant and Arlo's app excels at walkthroughs on how to set up and use the cam. Other common features include two-way audio, color night vision and a built-in siren. Arlo isn't done yet. The cam's integrated spotlight did a great job of lighting up my backyard -- and if you prefer other smart home platforms, it plays well with Alexa and Google Home, as well as IFTTT (no Apple HomeKit support at this time, but it's a possibility). For more, here are CNET's picks for the best home security systems. Hey, did you know? CNET Deals texts are free, easy and save you money. Arlo wins at customization in the home security conversation I liked a lot of what the Arlo Essential does but it's not too different from what many other security cameras do -- just surprisingly affordable. I really like Arlo's UI and smart home integration too, with an app that's easy to understand and pop open for a quick look at your home when you're out on the town (and that doesn't even require a subscription). It's the deeper customization features that really impressed me. Those who like to tinker with their home security setup will love the beta-version custom detection options that come with higher-tier subscriptions, in addition to facial and vehicle recognition. I haven't seen custom setups like this on any other security camera before. In my tests, I was able to "teach" the cam AI to recognize when a pet toy appeared on camera or when certain objects were no longer present. I could also use this feature to tell me when the garage door opened or if something valuable (say, a piece of artwork) disappeared. Likewise, the vehicle detection options can tell if a specific vehicle is pulling up to your home. I've never seen anything else like this for those who really want to push their home security to the limits. Arlo's Essential cam is a great deal but keep in mind Arlo's subscription options. Arlo Best July Prime Day Deals 2025 CNET's team of shopping experts have explored thousands of deals on everything from TVs and outdoor furniture to phone accessories and everyday essentials so you can shop the best Prime Day deals in one place. See Now Arlo cams for yourself or others With Arlo's easy and informative setup process, the Essential camera is a great choice even if you or your family haven't tried a security camera before. As long as a user is comfortable trying out a new app and following the instructions, Arlo is an excellent experience. I rate the app and user-friendliness around Blink's level, another one of my favorite camera apps. With indoor/outdoor placement, the camera is also versatile so you don't have to worry about people not finding a place to use it. You could also spend a bit more to upgrade the camera with an extended battery and a solar panel, an effective combo if you want to avoid manually charging the battery as much as possible. It still needs a Wi-Fi connection but this combo is great for out-of-the-way spots like above my garage door or a high point on roof eaves. If you're thinking about getting this Arlo Essential camera as a gift, keep in mind Arlo locks quite a few important features behind its $8-plus monthly subscription, including smart alerts with object recognition and cloud video storage. So while the camera is usable without fees, there's a strong incentive to pay. Arlo does offer a free trial of its services but that could feel like a bait-and-switch to gift recipients who aren't expecting a security camera. If you want to give the cam as a gift, you may want to add some PayPal or Venmo cash to cover at least several months of a subscription. If you're on the hunt for other options, check out our full list of the best home security cameras of 2025.