Gold holds near $3,490 as oil surge dims hopes of Fed rate cuts

Gold prices held steady near $3,490 per ounce as the final week of March drew to a close, with the precious metal caught between safe-haven demand driven by escalating Middle East tensions and downward pressure from surging oil prices that have all but erased expectations of Federal Reserve rate cuts this year. Brent crude surpassed $110......

Faouzia performs at Lollapalooza Chicago with new album Film noir

Faouzia, the 26-year-old Moroccan singer, takes the stage at Lollapalooza Chicago from July 30 to August 2, 2026. The festival draws hundreds of thousands to Grant Park each year. She brings her debut studio album, Film noir, released November 7, 2025. The record includes three singles that have gained millions of streams. Born in Oujda,......

Kosovo agrees to deploy troops to Gaza in U.S.-led peace initiative

On Monday, Kosovo’s government confirmed its decision to send troops to Gaza as part of an international peacekeeping mission supported by the United States. This move comes following last year’s ceasefire between Israel and Hamas. Several countries, including Indonesia, Morocco, Kazakhstan, and Albania, have also pledged forces......

Cambodia cuts electric vehicle import duties amid global fuel price surge

Cambodia will eliminate import duties on passenger electric vehicles, reducing the rate from 35% to zero effective April 1. The government also removed duties on electric vehicle battery chargers, electric motors, lithium batteries and solar energy devices to help consumers cope with rising energy costs. The country imports all its oil and......

Oil tops 116 dollars as Iran conflict fuels record electric‑vehicle demand

The war between the United States, Israel, and Iran, along with a de facto closure of the Strait of Hormuz, has upended global energy markets, and the ripple effects are now reshaping how consumers around the world buy cars. With Brent crude surpassing 116 dollars a barrel this week, drivers from Seoul to Stockholm are shifting toward electric......

Morgan Stanley backs memory stocks after market selloff triggered by TurboQuant

Google, a subsidiary of Alphabet, unveiled TurboQuant on Tuesday, March 24, an algorithm that compresses key‑value cache memory in large language models by a factor of six—and within hours memory and storage stocks were tumbling worldwide. The announcement reignited fears that advances in AI efficiency could erode demand for one of......

Gurman calls Apple’s upcoming foldable iPhone its “most important transformation” ever

Apple is preparing what Bloomberg’s Mark Gurman calls the “most important transformation in iPhone history”: a foldable iPhone expected to be unveiled in September alongside the iPhone 18 Pro family, though it may not reach customers for several weeks or even months after launch. In his Power On newsletter, Gurman described......

Tech CEOs increasingly cite AI to justify mass layoffs

An increasing number of technology executives are using artificial intelligence as a justification for sweeping job cuts, even as their companies report record revenues. In recent weeks, leaders at Google, Amazon, Meta, Pinterest, and Atlassian have announced or signaled workforce reductions, framing these layoffs as an inevitable consequence......

The Elder Scrolls: Blades shuts down permanently on June 30, Bethesda pulls it from all platforms

Bethesda has announced that The Elder Scrolls: Blades will shut down servers and become permanently unplayable on June 30, 2026. The free‑to‑play dungeon crawler, released in 2020 for iOS, Android, and Nintendo Switch, has already been removed from all digital storefronts. Because the game offers no offline mode, the closure......

Pakistan and Afghanistan exchange fire as Islamabad prepares to host US-Iran talks

Tensions between Pakistan and Afghanistan have escalated following an exchange of heavy fire along their shared border, just days after both sides had agreed to a temporary ceasefire. Officials from both countries confirmed that artillery and heavy weapons were used during the clashes, affecting areas near the border. Each side accused the......

Albanese urges clarity from Trump on objectives of Iran war

Australian Prime Minister Anthony Albanese has called for greater clarity from U.S. President Donald Trump regarding the objectives of the ongoing conflict involving Iran, while also urging efforts toward de-escalation. Speaking to the media, Albanese stressed the importance of understanding the strategic goals behind the military campaign,......

US lawmakers urge Taiwan to approve $40 billion defence budget during Taipei visit

A delegation of U.S. lawmakers visiting Taipei has called on Taiwan to move forward with a proposed $40 billion defence budget, warning that delays could weaken the island’s ability to respond to growing military pressure from China. The budget, introduced by President Lai Ching-te, remains stalled in parliament, where opposition parties......

Sanctioned Russian Oil Tanker heads to Cuba as Trump downplays concerns

A Russian oil tanker under international sanctions is expected to arrive in Cuba, carrying a significant shipment of crude oil as the island faces a deepening energy crisis. The vessel is reportedly transporting hundreds of thousands of barrels and is heading toward a major Cuban port. Cuba, home to nearly 10 million people, has not received......

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