Breaking 10:30 Mattel investor calls for strategic review as toy demand weakens 10:20 Search for two missing US soldiers in Morocco enters fifth day with 600 personnel deployed 10:15 Vatican’s careful language on Pope-Rubio meeting signals strained relations with Trump administration 09:30 Marco Rubio meets Giorgia Meloni amid tensions between Rome and Washington 09:00 Zyphra's sub-billion parameter AI model matches industry giants on reasoning benchmarks 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

Bitcoin stalls near $78,000 as Binance logs five days of stablecoin outflows

Bitcoin entered May under quiet but measurable strain. After a rally that carried the cryptocurrency from $74,000 to $78,000 between mid and late April, on-chain data from Binance now points to fading momentum, with five consecutive days of net stablecoin outflows draining liquidity from the world's largest exchange by trading volume.......

Germany maps US potash dependency as potential lever in trade standoff

German officials tasked with identifying vulnerabilities in American supply chains have singled out potash, a critical agricultural input that the United States imports in overwhelming quantities, as a potential pressure point in any future confrontation with the Trump administration. The analysis forms part of a broader effort by Berlin and......

Oil shock and Wall Street euphoria put global economy on recession watch

Global economies may be sleepwalking toward a deep recession even as American stock markets continue to set records, according to a warning from Amrita Sen, founder of Energy Aspects, who described the resilience of equity markets in the face of one of the worst oil supply shocks in history as "misplaced euphoria." The S&P 500......

US backs Lai after surprise Eswatini visit draws sharp rebuke from Beijing

Taiwanese President Lai Ching-te completed a surprise state visit to Eswatini, Taiwan's only remaining diplomatic ally on the African continent, after an earlier attempt was derailed when three Indian Ocean nations revoked overflight permissions for his chartered aircraft. Taipei described the move as Chinese economic coercion. The visit......

Dubai airport traffic collapses 66 percent in March as regional war disrupts Gulf aviation

Dubai International Airport, the world's busiest hub for international passenger traffic, recorded a 65.7 percent year-on-year drop in passenger numbers in March 2026, welcoming just 2.5 million travelers as the conflict involving the United States, Israel, and Iran triggered repeated airspace closures and drone incidents across the Gulf......

Rockstar Games developers allege unpaid overtime amid GTA 6 crunch at India studio

An anonymous review posted on Glassdoor by a developer at Rockstar Games' studio in Bengaluru, India, has reignited debate over crunch culture in the video game industry. The post, which appeared on May 3 and was attributed to a quality assurance analyst at Rockstar India, describes a sharp escalation in pressure over the past month as......

Fifa faces world cup broadcast crisis as India and China deals remain uncertain

The global football governing body FIFA is facing growing uncertainty over broadcasting rights for the upcoming World Cup, as negotiations with key markets such as India and China remain unresolved. Deadlock in India In India, a joint venture between Reliance and Disney has reportedly offered around 20 million dollars for the broadcasting......

Jet fuel crisis grounds airlines worldwide as Spirit Airlines shuts down operations

A severe jet fuel shortage triggered by the closure of the Strait of Hormuz has sent shockwaves through global aviation, forcing airlines to slash schedules, raise fares, and in at least one case cease operations entirely. The crisis traces directly to military strikes launched by the United States and Israel against Iran on February 28, which......

Pakistan facilitates return of Iranian cargo ship crew seized by the United States

Pakistan has announced that it played a key role in facilitating the return of 22 crew members from an Iranian cargo vessel that was seized by the United States in the Arabian Sea. The move is being described as part of ongoing efforts to ease tensions in a highly sensitive regional environment. Crew repatriation process According to Pakistan’s......

New Mexico seeks changes to Meta platforms in youth harm trial

A legal trial is set to begin in New Mexico focusing on allegations that major social media platforms operated by Meta have negatively affected the mental health of young users. The case is being heard in Santa Fe and represents a significant step in ongoing legal efforts to regulate digital platforms’ impact on minors. Allegations......

United Airlines Boeing 767 strikes lamppost and truck while landing at Newark airport

A United Airlines Boeing 767 clipped a lamppost and a delivery truck on a New Jersey highway while approaching Newark Liberty International Airport on Sunday afternoon, in an incident that prompted an immediate federal investigation and drew renewed attention to safety conditions at one of the United States' busiest air hubs. The Federal......

AI chipmaker Cerebras targets strong valuation in US IPO push

Artificial intelligence chipmaker Cerebras Systems is preparing to launch its initial public offering (IPO) in the United States, with expected share pricing set between $115 and $125. The move marks a renewed effort to enter public markets after a previous attempt was withdrawn last year. The company is scheduled to begin its IPO roadshow,......

Chanel Cruise 2026/27 backstage beauty looks reveal key makeup trends

The Chanel Cruise 2026/27 show, staged on April 28, 2026, at the Casino Municipal in Biarritz, brought together fashion and beauty in a setting steeped in the house's history. Gabrielle Chanel first established an atelier in the coastal Basque city in 1915, and creative director Matthieu Blazy chose the Art Deco venue overlooking the Grande......

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