Breaking 14:00 iPhone 16 leads global smartphone sales in 2025 13:50 UBS raises gold forecast to $6,200 amid record highs 13:20 SpaceX and xAI in merger talks ahead of record IPO 11:20 Microsoft loses $357 billion in second-largest single-day market drop 11:00 Gold prices fall nearly 5% after hitting record highs 10:50 Trump claims Putin agreed to pause strikes on Kyiv for a week 10:30 Iranian foreign minister visits Istanbul amid efforts to ease tensions with Washington 10:20 U.S. Treasury labels yuan largely undervalued, warns China 09:50 Venezuela ends 20 years of state oil control with new law 09:20 Israeli officials expect Trump Iran strike decision soon 08:50 Angelina Jolie demands accountability after deadly Iran protests 08:20 Nasa starts critical Artemis II fueling test ahead of moon mission 07:50 Gold plunges nearly $500 in widest intraday swing since 2013 07:30 Trump threatens to revoke certification of Canadian aircraft including Bombardier jets 07:00 Panama Supreme Court cancels CK Hutchison port concessions on strategic canal 18:50 European stocks rebound as record gold prices boost mining sector 17:50 Tesla pivots from car production to AI and robotics amid revenue drop 17:20 Denmark denies Greenland deal amid Trump claims 16:20 Dutch pension fund slashes US holdings, calls America unreliable ally 15:20 Huda Beauty faces boycott over antisemitic conspiracy claims 14:50 Zelensky warns of massive Russian strike ahead of peace talks 14:20 Amazon cuts 16,000 jobs amid intensifying AI competition

SpaceX and xAI in merger talks ahead of record IPO

SpaceX and Elon Musk's xAI are negotiating a potential merger that could pave the way for the largest initial public offering in history, according to an exclusive Reuters report. The deal would unite Musk's aerospace powerhouse with his AI venture, folding the Starlink satellite network, the X social media platform, and the Grok AI......

Microsoft loses $357 billion in second-largest single-day market drop

Microsoft's market capitalization plunged by $357 billion on Thursday, securing the second-largest one-day loss in stock market history. Investors punished the tech giant over slowing cloud growth and rising doubts about the returns from its massive artificial intelligence investments. The stock closed down nearly 10 percent, marking......

Gold prices fall nearly 5% after hitting record highs

Gold prices continued to retreat on Friday as investors moved to lock in profits following the precious metal’s sharp rally earlier in the week. After reaching unprecedented levels, the market shifted into correction mode, triggering a notable pullback. In early trading, the price of gold dropped by nearly 5%, briefly extending losses......

Trump claims Putin agreed to pause strikes on Kyiv for a week

President Donald Trump announced Thursday that Russian President Vladimir Putin accepted a temporary halt to strikes on Kyiv and other Ukrainian cities for one week, citing extreme cold gripping the region. Trump made the claim during a White House cabinet meeting, though Russia has not officially confirmed any such deal. "I personally......

Iranian foreign minister visits Istanbul amid efforts to ease tensions with Washington

Iran’s Foreign Minister Abbas Araghchi arrived in Istanbul on Friday for talks with his Turkish counterpart, Hakan Fidan, in a bid to help defuse growing tensions between Tehran and Washington. The visit comes at a sensitive moment, as regional stability faces renewed strain amid heightened military posturing in the Gulf. This marks......

U.S. Treasury labels yuan largely undervalued, warns China

The U.S. Treasury labeled China's yuan "largely undervalued" on Thursday and urged Beijing to let it appreciate, toughening its tone in the semiannual currency report while stopping short of naming China a currency manipulator. The assessment cites China's "extremely large and growing external surpluses," warning......

Venezuela ends 20 years of state oil control with new law

Venezuela's National Assembly approved a sweeping overhaul of the country's hydrocarbons law on Thursday, dismantling over two decades of state dominance in the oil sector and opening the door to private investment in the world's largest proven crude reserves. The vote signals a dramatic break from the socialist economic model......

Israeli officials expect Trump Iran strike decision soon

Prime Minister Benjamin Netanyahu convened a high-level security consultation in Jerusalem on Thursday with top advisors and defense officials on a "classified matter," Israeli media reported, as the United States edges toward a potential military strike on Iran amid soaring regional tensions. Discussions zeroed in on Iran and the......

Angelina Jolie demands accountability after deadly Iran protests

Angelina Jolie has spotlighted the human cost of Iran's ongoing protests by sharing a photo of a seven-year-old girl at her mother's grave, calling for justice amid a brutal government crackdown that rights groups say has claimed thousands of lives. In an Instagram post on Tuesday, the actress and humanitarian featured the grieving......

Nasa starts critical Artemis II fueling test ahead of moon mission

Two days after families gathered at Kennedy Space Center to mark the 40th anniversary of the Challenger disaster, NASA presses forward with final preparations for Artemis II, the first crewed lunar flyby since 1972. The space agency launched wet dress rehearsal operations Thursday evening at Launch Pad 39B, a pivotal fueling test to confirm......

Gold plunges nearly $500 in widest intraday swing since 2013

Gold and silver prices plunged from record highs on Thursday in one of the most volatile trading sessions in over a decade. The precious metal saw a staggering swing of nearly $500 per ounce, wiping out roughly $3.4 trillion in market capitalization before a partial recovery. This marked the largest intraday price range since April 2013, with......

Trump threatens to revoke certification of Canadian aircraft including Bombardier jets

Former U.S. President Donald Trump announced plans to withdraw U.S. certification for aircraft manufactured in Canada, including business jets produced by Bombardier, escalating tensions between Washington and Ottawa over aviation regulations. In a statement posted on social media, Trump accused Canadian authorities of unfairly and repeatedly......

Panama Supreme Court cancels CK Hutchison port concessions on strategic canal

Panama’s Supreme Court has annulled the concession that allowed Hong Kong–based conglomerate CK Hutchison to operate two major ports located at the Atlantic and Pacific entrances of the Panama Canal. The ruling declared unconstitutional the legal framework under which the contracts were granted. The decision follows complaints......

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