Breaking 16:18 Gulf sovereign funds deploy 25 billion dollars amid Iran war shock 16:00 United States to Re-engage with Gavi vaccine alliance amid Ebola outbreak, Rubio says 15:40 Global markets rise as artificial intelligence optimism drives rally 14:15 Mastercard appoints Ling Hai as CFO in major leadership reshuffle 14:00 Cisco launches AI-powered tools to strengthen cybersecurity defenses 12:15 Meghan Markle faces backlash over $256 candles after earlier criticism of luxury pricing 11:30 Los Angeles marks 100 years of Marilyn Monroe with exhibitions, auctions and fan tributes 11:23 Venezuela oil exports rise to 1.25 million barrels daily in May 11:03 Qualcomm welcomes Nvidia entry into Arm laptop PC market 11:00 Morocco World Cup 2026 matches to be broadcast free-to-air by SNRT 10:58 Fulcrum Therapeutics shares plunge after halting sickle-cell drug over FDA safety concerns 10:41 World prepares as El Niño conditions strengthen in Pacific 10:30 HPE shares surge 29% as artificial intelligence boom drives strong server demand 10:20 Jtekt includes Morocco plant in European asset sale deal 10:00 Estée Lauder remains open to acquisitions after Puig talks collapse, CEO says 09:45 Euro struggles to expand global role despite uncertain U.S. policy, ECB report finds 08:56 Analysts warn OPEC+ disruptions in Hormuz to last through 2026 08:45 Kenya defends U.S.-backed Ebola quarantine facility amid public concerns 08:38 South Korea overtakes India to become sixth-largest stock market 08:31 AI-driven rally pushes global markets to record highs amid Iran tensions 08:30 British American Tobacco raises growth outlook for smoke-free products 08:20 Massive Attack turns 2026 world tour into anti-surveillance critique of Palantir 07:36 Russian strike sets Kyiv residential buildings ablaze 07:20 Frederiksen secures third term with new Danish coalition 07:01 Japan urges Iran to reopen Hormuz Strait amid nuclear talks

Iran war drives global inflation surge as central banks reverse course

Two months into the conflict in the Middle East, the economic fallout from the war in Iran has spread well beyond energy markets, rippling through petrochemicals, manufactured goods, food, and consumer products as companies pass rising costs onto buyers and central banks around the world prepare to tighten monetary policy. The war, which......

Amazon opens access to Claude Code and Codex for all employees

Amazon has officially extended access to Anthropic's Claude Code and OpenAI's Codex to its entire workforce, reversing months of internal policy that had restricted engineers to the company's homegrown coding assistant Kiro and required special authorization for any third-party AI tool. The shift was announced in an internal memo......

China says wider US sanctions on Cuba are ‘Illegal’

China has strongly criticized the United States over its decision to broaden sanctions against Cuba, calling the measures “illegal” and inconsistent with international law. Beijing urged Washington to immediately end its decades-long embargo on the island. Response to US policy shift The reaction comes after the United States......

Crypto exchange Bullish to buy Equiniti in $4.2 billion deal

Cryptocurrency exchange operator Bullish has announced plans to acquire global transfer agent Equiniti in a deal valued at $4.2 billion, according to a statement released on Tuesday. The transaction marks one of the largest moves by a crypto-related company into traditional financial infrastructure. Deal structure and valuation The agreement......

Citigroup to announce new profit targets at investor day, CEO says

Citigroup is expected to present updated medium-term profit targets during its upcoming investor day on Thursday, according to CEO Jane Fraser. The announcement will highlight the bank’s ongoing transformation, aimed at improving efficiency, reducing costs, and increasing revenues. Strategic restructuring and performance goals Over......

Wildfires rage across Arizona and Europe in an unusually early and intense season

Wildfires are burning across multiple continents well ahead of the traditional summer peak, as prolonged drought and rising temperatures fuel an unusually early and aggressive fire season in both the United States and Europe. In Arizona, the Hazen Fire west of Phoenix near Buckeye had burned through 980 acres with zero containment as of May......

Ineos and Shell partner to explore new oil and gas opportunities in the Gulf of Mexico

Energy companies INEOS Energy and Shell PLC have announced a joint initiative to explore new oil and gas opportunities in the Gulf of Mexico. The collaboration aims to expand offshore exploration and production activities in the region. Focus on offshore exploration The partnership will focus on areas close to existing infrastructure, particularly......

AI-generated "podslop" now accounts for 39 percent of new podcast submissions

Nearly four in ten new podcasts added to major directories over a recent nine-day period were likely created by artificial intelligence, according to new data from Podcast Index, an open-source platform that tracks the global podcasting ecosystem. The flood of machine-generated audio content, increasingly referred to as "podslop,"......

Volvo cars reports decline in sales despite growth in electric vehicle segment

Swedish automaker Volvo Cars has reported a decline in global sales for the period between February and April, reflecting ongoing challenges in the automotive industry. The company sold over 160,000 vehicles during the three-month period, marking a drop compared to the same timeframe last year. Regional performance varies The company highlighted......

Emirates restores 96% of its network as global aviation fuel crisis deepens

The global aviation sector is reeling from a jet fuel crisis triggered by the US-Iran conflict, forcing airlines to cancel tens of thousands of flights, impose fuel surcharges, and in the case of Spirit Airlines, shut down operations entirely. Against this backdrop, Emirates announced on Sunday that it has restored 96 percent of its global......

Audi moves forward with US launch of flagship suv despite tariff uncertainty

German automaker Audi is moving forward with plans to launch its flagship SUV, the Q9, in the United States market this summer. The decision comes despite uncertainty surrounding potential increases in tariffs on European automotive imports. Tariff concerns Loom The possible rise in tariffs—reportedly up to 25%—has raised concerns......

UAE air defenses intercept Iranian missiles and drones amid Gulf escalation

The United Arab Emirates issued an emergency alert on Sunday warning residents of potential missile threats before declaring the situation under control, as Iranian strikes against Gulf targets enter a new phase within a broader confrontation between Tehran and Washington over the Strait of Hormuz. The episode marks the latest escalation in......

Iran's nuclear timeline unchanged despite ongoing war, US intelligence finds

Two months into a United States military campaign against Iran, American intelligence assessments indicate that the time Tehran would need to build a nuclear weapon has not changed since last summer, when a joint US-Israeli strike pushed that estimate back to roughly nine months to one year. Three sources familiar with the matter confirmed......

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