Breaking 10:23 London’s FTSE 100 remains stable as Iran tensions lift oil stocks 10:15 Dutch archaeologists uncover 3,000-year-old tomb near Luxor, offering new insight into ancient Egypt 10:10 Poland moves to revive crypto assets law despite presidential veto 10:06 Austrian Finance Minister Markus Marterbauer begins cancer treatment while remaining in office 10:00 Japan moves to strengthen counter-espionage efforts amid concerns over foreign intelligence activities 09:59 Clermont-Ferrand hit by new shooting linked to suspected drug trafficking network 09:48 DBS becomes Singapore’s first company to surpass S$200 billion market value milestone 09:46 Wildfire near Paris prompts France to deploy water bombers as blaze spreads through Fontainebleau forest 09:45 Netherlands retains third place in European innovation ranking despite slowing momentum 09:30 China’s economic growth expected to slow in second quarter, increasing pressure for fresh stimulus 09:17 Morocco strengthens its automotive industry with competitive production costs 09:15 Ukrainian drone strike sparks industrial fire in Russia’s Stavropol region 09:01 Seoul stocks plunge 9% as Samsung and SK hynix extend AI-driven market sell-off 09:00 UN chief urges US and Iran to end renewed hostilities and resume diplomacy 08:47 World Cup 2026 semi-finals set with France vs Spain and England vs Argentina 08:45 Mexico highway crash leaves at least 10 dead after truck slams into emergency response scene 08:35 U.S. military says Strait of Hormuz remains open despite rising tensions with Iran 08:30 France’s World Cup journey links Boston and Dallas, two cities tied to John F. Kennedy’s legacy 08:18 Support grows in U.S. Congress for bill seeking terrorist designation of Polisario Front 08:15 France to summon Russian ambassador over alleged cyber campaign targeting Europe 08:01 Hyundai Motor workers launch three-day nationwide strike in South Korea after wage talks fail 08:00 Record heatwave linked to thousands of excess deaths across Europe 07:45 Venezuela earthquake death toll rises to 4,490 as recovery efforts continue 07:44 Europe’s defence startup Helsing raises $1.8 billion, reaching $18 billion valuation 07:31 Stellantis reports 10% rise in second-quarter vehicle shipments driven by North American demand 07:15 Hungary’s parliament set to remove President Tamás Sulyok under Peter Magyar’s constitutional reform 07:00 Sam Neill, iconic Jurassic Park star, dies at 78 18:00 Chile market tragedy leaves six dead after vehicle crashes into pedestrians in Viña del Mar 17:45 Heatwave forces EDF to halt three nuclear reactors and reduce output at eight others in France 17:30 Erdoğan pays tribute to former Qatari Emir Sheikh Hamad bin Khalifa Al Thani 17:15 France unfazed by Lamine Yamal’s comments ahead of World Cup semi-final against Spain 17:00 Meta suspends Instagram AI image tool just days after launch amid privacy backlash 16:45 French air traffic controllers' union rejects audit findings on strikes and aviation performance 16:30 Russia sends humanitarian aid to earthquake-hit Venezuela as relief efforts continue 16:15 Bangladesh monsoon floods kill 50 as landslides and rising waters displace thousands 16:00 Giorgia Meloni pushes electoral reform ahead of Italy’s 2027 parliamentary elections 15:45 FIFA to debate expanding future World Cup to 64 teams, says Gianni Infantino 15:30 UK murder suspect extradited from South Africa after deaths of wife and two daughters 15:15 Syria’s new parliament holds inaugural session as political transition advances 15:00 BCP schedules temporary maintenance affecting digital banking and card services on July 13 14:45 German Chamber of Commerce and Industry in Morocco appoints Silke Kunstreich as new Managing Director 14:30 South Korea seeks North Korea’s assistance in search for missing seaman near maritime border 14:15 Heatwave reshapes French shopping habits as chocolate, coffee and sugar sales plunge 14:00 Macron calls for constant vigilance against antisemitism during Dreyfus commemoration 13:45 Ukraine's Zelensky announces government reshuffle amid political strategy overhaul 13:30 Senegal dismisses head coach Pape Thiaw as football federation prepares explanation 13:15 US military says forces are ready to safeguard navigation through Strait of Hormuz 13:00 Germany funds 50,000 strike drones for Ukraine in major military support deal 12:45 Man arrested after alleged abduction and rape of student in Aix-en-Provence 12:30 MG targets Renault 5 with bold new electric city car concept 12:15 Spain wildfire: 600 evacuated residents return home as firefighters gain ground 12:00 Trump and Netanyahu lead tributes after death of U.S. Senator Lindsey Graham at 71 11:45 Palestinian passion for Arabian horses endures despite shrinking space in the West Bank 11:30 More than 20 countries move to restrict minors’ access to social media 11:17 UK police rule out political motive in investigation into murder of former minister Ann Widdecombe 11:15 Germany records highest June drowning toll since the 2003 heatwave 11:10 Mariano Rajoy sparks controversy after comments on France squad ahead of World Cup 2026 clash 11:06 Spain wildfire stabilised after deadly blaze in Almería as evacuated residents return home 11:00 Tata Consultancy Services expands AI strategy with 8,900 deployment engineers and acquisition plans 10:53 Macron did not award Clara Morgane the Legion of Honour: Viral claim debunked as a hoax 10:45 Former Qatar Emir Sheikh Hamad bin Khalifa Al-Thani dies at 74 10:39 Iraqi Prime Minister Ali al-Zaidi to visit Washington as oil and gas agreements take center stage 10:32 Egypt’s current account deficit more than doubles to $5.1 billion in first quarter 10:30 Japan achieves first successful launch and landing of a reusable rocket 10:28 End-of-life bill sparks controversy in France as critics denounce “loss of humanity”

Economy



UBS holds $5,600 gold target and calls 17% pullback a buying opportunity

UBS is telling investors that gold's sharp retreat from its record high represents a buying opportunity rather than a trend reversal, maintaining a year-end price target of $5,600 per ounce even as the metal trades near the bank's own bear-case scenario. Gold has fallen more than 17% from its......

Wedbush holds $600 Tesla target despite disappointing Q1 deliveries

Wedbush analyst Dan Ives reaffirmed his Outperform rating and $600 price target for Tesla on Thursday, looking past disappointing first-quarter deliveries to focus on the company's pivot toward autonomous driving, robotaxis, and robotics. "While the delivery numbers were quite disappointing,......

Tether gives investors two weeks to commit to $500 billion valuation round

Tether, the issuer of the world's largest stablecoin USDT, is pressing investors to commit to a funding round at a $500 billion valuation within the next two weeks, according to a report from The Information published on Wednesday. The move marks a last-ditch effort to close a deal that has been......

Canadian finance minister emphasizes supply chain integrity in China meeting

Canada’s Finance Minister François-Philippe Champagne met with Chinese officials on Friday to discuss trade and financial cooperation, highlighting the importance of supply chain integrity. The discussions focused on the financial services sector, as well as trade in energy and pork, with......

Erste Group cuts Toyota to "hold" on tariff drag and slowing US sales

Erste Group Bank downgraded Toyota Motor from "buy" to "hold" on Thursday, citing near-term growth headwinds as the Japanese automaker contends with weakening U.S. sales and the sustained impact of tariffs on its profitability. Analyst Hans Engel pointed to a slowdown in revenue......

Arm shares slide as investors lock in gains after AI-driven rally

Shares in Arm Holdings fell sharply on Thursday, dropping approximately 5.5 percent from the previous session's close, even as the chip designer was riding a wave of high-profile announcements that had fueled a strong run in recent weeks. The pullback, which brought the stock to around $146 during......

Iranian drones strike Kuwait's Mina al-Ahmadi refinery again, sparking fires

Iranian drones struck the Mina al-Ahmadi oil refinery in Kuwait on Friday morning, igniting fires across multiple operational units in the latest attack on Gulf energy infrastructure since the U.S.-Israeli air campaign against Iran began in late February. Kuwait Petroleum Corporation told the official......

European Q1 earnings set to rise 4% as energy sector surges

Corporate earnings for companies in the STOXX 600 index are forecast to grow 4 percent in the first quarter of 2026, marking a rebound after a decline in the final quarter of last year, according to LSEG I/B/E/S data cited by Reuters on Thursday. The turnaround is driven primarily by a surge in the energy......

Japan warns speculators as yen nears 160 amid escalating Iran conflict

Japanese Finance Minister Satsuki Katayama intensified warnings to currency speculators on Friday as the yen traded near the critical level of 160 per dollar, a threshold widely regarded as a trigger for government intervention. The warning came hours after President Donald Trump's televised address......

Container ship Safeen Prestige sinks in Strait of Hormuz after weeks ablaze

The Maltese-flagged container ship Safeen Prestige has sunk in the Strait of Hormuz, nearly a month after being struck by a projectile and abandoned by its crew, according to a maritime traffic advisory issued by regional operators on April 1. The vessel went down approximately 6.5 nautical miles northeast......

Airlines face bankruptcy risk as fuel costs soar amid Middle East conflict

A billionaire aviation executive based in Dubai has warned that airlines around the world could begin filing for bankruptcy within weeks if the war in Iran continues to drive jet fuel prices higher, even as the shipping industry posts record profits fueled by the same geopolitical upheaval. Gediminas......

Global fuel prices surge as Iran conflict disrupts oil markets

Fuel prices have climbed to multi-year highs worldwide after one month of conflict involving Iran disrupted global energy flows and tightened supply. The shock has hit consumers across major economies and forced governments to deploy emergency measures to contain economic fallout. In the United Kingdom,......

ECB warns euro zone banks near reserve limits as liquidity shrinks

The European Central Bank has warned that banks across the euro area must prepare for tighter liquidity conditions as excess reserves decline rapidly. In a blog post published on April 2, the ECB said nearly half of the banking system will soon operate close to minimum reserve comfort levels. Central......

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