Breaking 08:37 Iran threatens UAE will "pay the price" after explosions rock Qeshm island 08:15 US investigates alleged smuggling of Nvidia AI Chips through Thailand 07:59 Trump sets July 4 deadline for EU to ratify trade deal or face higher tariffs 07:03 Microsoft scales back Copilot as the company retreats from its AI-everywhere strategy 17:00 Rave files antitrust lawsuit against Apple over App Store removal 16:45 BlackRock reduces private credit fund valuation by 5% in first quarter 16:20 Nvidia's Jensen Huang calls AI job loss warnings ridiculous and attacks rivals' God complex 16:15 United States sanctions Iraqi oil official and militias over alleged Iran ties 15:56 European climate model puts odds of a super El Niño by November at 100 percent 15:45 Whirlpool shares plunge after weak revenue and dividend suspension 15:23 Rubio visits Rome to ease Trump's rift with the Vatican and Italy 15:00 Trump and Lula meet at White House to address tariffs, minerals and security ties 14:30 Blackstone marks down private credit fund amid software sector concerns 13:02 Anthropic's Claude guided hackers toward water infrastructure control systems in documented cyberattack, report finds 13:00 US Jobless claims rise slightly as labor market remains stable 10:57 Ted Turner, CNN founder and American media pioneer, dies at 87 10:34 US Navy fighter jet disables Iranian tanker defying American naval blockade in Gulf of Oman 10:30 Brazil’s Lula visits Washington in bid to ease trade tensions with Trump 10:17 North Korea declares itself not bound by nuclear non-proliferation treaty at UN conference 10:00 Interpol operation leads to nearly 270 arrests in global medicine trafficking crackdown 10:00 Three US states monitor residents who traveled on hantavirus cruise ship as Andes strain confirmed 09:30 United States condemns Polisario attack on Es-Smara 09:00 Apple R&D spending tops 10 percent of revenue for first time as iPhone drives record quarter

China tightens rare earth sanctions boosting mining stocks

China has proposed a new regulatory framework that would impose stricter administrative penalties on illegal activity across its rare earth sector, including extraction, refining, and related operations. The draft rules target production beyond approved quotas, mining or processing without a licence, and obstruction of state inspections. The......

Without U.S. visa approval, Philippe Jaroussky cancels his tour

French countertenor Philippe Jaroussky has been forced to cancel his North American tour after failing to obtain a U.S. work visa in time for his scheduled performances. The internationally acclaimed classical singer was due to perform in several cities across the United States and Canada as part of his “Gelosia!” tour, accompanied......

Ryanair CEO says Europe jet fuel shortage risk is easing

The risk of a jet fuel shortage in Europe is easing, according to Ryanair chief executive Michael O’Leary, who offered a more optimistic assessment of fuel supply conditions than earlier warnings circulating in the aviation sector. His comments come as the Middle East conflict continues to disrupt global energy flows and pressure transport......

Starbucks shares rise as turnaround efforts start showing results

Starbucks shares increased by around 5% before the market opened on Wednesday after the company raised its annual financial outlook. The improvement reflects early signs that the new strategic plan led by Chief Executive Brian Niccol is beginning to deliver positive results. Niccol, who assumed leadership in September 2024, introduced a major......

Nvidia launches open source AI model for vision and audio tasks

Nvidia has released Nemotron 3 Nano Omni, an open source multimodal artificial intelligence model designed to process and connect text, images, audio and video within a single system. The company positions the model as a step toward replacing fragmented AI pipelines commonly used in enterprise environments. The model can handle a wide range......

Taiwan tops Beijing’s agenda for Trump-Xi summit

Taiwan is expected to become a central issue in the upcoming summit between U.S. President Donald Trump and Chinese President Xi Jinping, highlighting once again the deep strategic tensions between Washington and Beijing. For China, Taiwan remains a core national interest, while the United States continues to be the island’s most important......

Cognizant to acquire Astreya for about $600 million to boost ai infrastructure strategy

Cognizant Technology Solutions has announced an agreement to acquire IT services provider Astreya in a deal valued at approximately $600 million, strengthening its position in the rapidly growing artificial intelligence and cloud infrastructure market. Astreya specializes in IT operations, AI infrastructure, and data center services, supporting......

Oil prices extend rally as Trump threatens Iran OPEC tension

Oil prices extended their upward momentum on Wednesday as geopolitical tensions intensified around Iran and global supply risks deepened. Traders reacted to renewed threats from United States President Donald Trump and escalating uncertainty in the Middle East, pushing crude benchmarks to multi month highs. Brent crude futures climbed to......

UBS reports 80 percent profit surge to 3 billion dollars

UBS reported a sharp rise in profitability for the first quarter, with net profit attributable to shareholders reaching 3 billion dollars. The figure marks an 80 percent increase compared with the same period last year and exceeds market expectations of about 2.8 billion dollars. The performance was supported by stronger trading activity and......

Kone to acquire TK Elevator in $34.4 billion landmark deal

Finland’s Kone has agreed to acquire German rival TK Elevator in a transaction valued at 29.4 billion euros, or $34.4 billion, marking one of the largest corporate takeovers in Europe in recent years. The deal combines cash and shares and is set to reshape the global elevator industry by creating the world’s largest manufacturer......

After nearly 70 years of marriage, couple warns against harmful criticism

Rosalyn and Irwin Engelman have spent almost seven decades together, building a relationship shaped by consistency, shared routines, and mutual respect. They met in 1953 on a blind date and married in 1956. Both were young at the time, yet their relationship developed quickly and endured through careers, family life, and multiple moves across......

Ai model detects pancreatic cancer over a year before diagnosis

An artificial intelligence system can identify early signs of pancreatic cancer on routine scans more than a year before clinical diagnosis, according to new research. The model, known as REDMOD, analyzes subtle tissue patterns that standard imaging and human observation fail to detect, enabling earlier identification of one of the deadliest......

Goldman Sachs restricts Anthropic AI access for Hong Kong bankers

Goldman Sachs has blocked its Hong Kong-based bankers from accessing Anthropic’s Claude AI models through internal systems, reflecting a strict interpretation of its agreement with the US startup. The restriction has been in place for several weeks and applies specifically to Anthropic tools, while access to other providers such as OpenAI......

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