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Six weeks into the war between the United States, Israel, and Iran with no ceasefire in sight, Asia, the destination for roughly 90 percent of the oil and 83 percent of the liquefied natural gas that normally transits the Strait of Hormuz, is bearing the heaviest economic toll of a conflict it did not start. Iran effectively closed the strait......
Apple removed Jack Dorsey's decentralized messaging application Bitchat from the Chinese App Store in February 2026 following a formal request from China's Cyberspace Administration of China, as Dorsey confirmed Sunday in a post on X. The ban targets the app's ability to operate entirely without internet access or national telecommunications......
Major technology companies including Amazon, Microsoft, and Google are facing increasing pressure from investors over the environmental impact of their data centers in the United States. Concerns are growing around high energy consumption, water usage, and the broader ecological footprint of these facilities. In recent months, several large-scale......
The six-week-old war between the United States, Israel, and Iran has produced the worst oil supply crisis in modern history, drawing warnings from economists and international institutions that the world faces a growing risk of stagflation and recession if the Strait of Hormuz remains closed. The International Energy Agency described the......
Authorities in the United States continue to investigate the disappearance of Nancy Guthrie, an 84-year-old woman from Tucson and the mother of television journalist Savannah Guthrie. Officials believe the case may involve an abduction and have outlined key developments in the investigation. January 31 Nancy Guthrie was last seen by family......
Bitcoin climbed approximately 3 percent to trade near $69,200 on Monday, lifted by reports of a last-minute diplomatic initiative between the United States and Iran and a wave of forced liquidations that punished bearish traders across crypto markets. The rally, which pushed the leading cryptocurrency to its highest level in more than a week,......
The war in Iran has triggered a cascading energy crisis from Southeast Asia to Europe, with governments imposing fuel rationing, grounding aircraft, and shutting institutions as the closure of the Strait of Hormuz chokes off roughly one fifth of the world's oil and gas supply. Goldman Sachs has described the situation as the "worst......
Mazda Motor announced Monday it has suspended domestic production of vehicles destined for the Middle East until May, becoming the latest Japanese automaker to scale back operations as the Strait of Hormuz remains effectively closed to commercial shipping, according to the Nikkei. The company had already halted exports to the region in March......
Neurocrine Biosciences announced on Monday that it will acquire Soleno Therapeutics for $2.9 billion in cash, marking a strategic expansion into treatments for metabolic disorders. The deal includes a $53 per share offer, representing a roughly 34% premium over Soleno’s previous closing price. The acquisition provides Neurocrine access......
Five weeks into Iran's sustained drone and missile campaign against Gulf states, the arithmetic of air defense is turning against the defenders. Gulf countries have exhausted the vast majority of their pre-war interceptor stocks repelling thousands of incoming projectiles, and resupply is falling well short of the pace required, according......
Paramount Skydance is close to securing $24 billion in equity commitments from three Gulf sovereign wealth funds to help finance its $81 billion acquisition of Warner Bros. Discovery, the Wall Street Journal reported Sunday, in a deal that would end weeks of uncertainty over whether Middle Eastern capital would remain part of the transaction. Saudi......
Futures for Canada’s main stock index edged higher on Monday as investors returned from the Easter holiday amid reports of a peace proposal between the United States and Iran, raising hopes for an easing of Middle East tensions. June futures on the S&P/TSX Composite Index increased by 3.20 points, or 0.17%, in early trading. The......
OpenAI CEO Sam Altman has delivered direct advice to corporate leaders on AI adoption, urging them to secure computing resources immediately, rethink how they measure AI usage, and begin using the technology themselves, warning that those who wait risk being left behind. In an interview with Axios's Mike Allen published in the outlet's......
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