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

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......

OpenAI launches a $10 billion joint venture to embed AI in private equity firms

OpenAI has finalized a joint venture valued at $10 billion, raising more than $4 billion from 19 investors in what represents the company's most aggressive move yet to embed its artificial intelligence technology directly inside large enterprises ahead of an anticipated public offering. The entity, known internally as "DeployCo"......

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