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US Fed expected to keep rates steady as Iran war effects ripple
The US Federal Reserve opened its two-day meeting on Tuesday with policymakers expected to keep interest rates steady, as the war on Iran's effects on energy prices and supply chains ripple through the world's largest economy.
UAE pulls out of OPEC oil cartels citing 'national interests'
The United Arab Emirates will withdraw from the OPEC and OPEC+ oil cartels to focus on "national interests", it announced on Tuesday, causing fresh shockwaves as energy prices soar over the Middle East war.
Banking giant JP Morgan becomes Olympics sponsor
JP Morgan Chase became the first global bank to join the Olympic Partner Programme (TOP) on Tuesday in a major boost for International Olympic Committee president Kirsty Coventry.
Croatia, Bosnia sign major gas pipeline deal
Croatia and Bosnia on Tuesday signed a deal to build a major gas pipeline backed by investors close to US President Donald Trump, aiming to cut Sarajevo's reliance on Russian gas.
EU lawmakers back blockbuster long-term budget
The European Parliament on Tuesday threw its weight behind a more ambitious and bigger long-term EU budget, demanding new taxes to ramp up future spending.
Crude extends gains on Iran talks, stocks diverge on central bank meetings
Oil prices jumped Tuesday on lack of progress towards re-opening the Strait of Hormuz while stocks diverged as attention turned back to the outlook for interest rates and company earnings.
BP reports huge profit rise in first quarter
British energy giant BP on Tuesday reported a sharp increase in profits in the first quarter as crude oil prices soared amid the Middle East war.
Crude extends gains, stocks drop as Trump considers latest Iran proposal
Oil prices jumped and stocks sank Tuesday as Donald Trump weighed an Iranian proposal that would reportedly re-open the Strait of Hormuz and end the eight-week-old war.
Crude extends gains as Trump considers latest Iran proposal
Oil prices edged up and stocks wavered Tuesday as Donald Trump weighed an Iranian proposal that would reportedly re-open the Strait of Hormuz and end the eight-week-old war.
Oil rises, stocks mixed as US-Iran peace talk hopes dim
Oil prices rose and stock markets moved unevenly on Monday as the prospect of Iran peace talks remained stalled, ahead of a week full of central bank decisions and corporate earnings.
Iran FM blames US for failure of talks as he meets Putin
Iran's top diplomat blamed Washington on Monday for the failure of Middle East peace talks during a visit to Russia, where President Vladimir Putin promised him Moscow's support in ending the war.
Taylor Swift files to trademark her voice amid AI clone boom
Taylor Swift has filed applications with the US intellectual property office to trademark her voice, a move similar to one made by actor Matthew McConaughey, as AI-generated content surges.
UN maritime agency rejects Hormuz tolls
The head of the UN's maritime agency said Monday there was "no legal basis" for imposing any fees for ships to pass through the Strait of Hormuz.
Human Rights Watch warns of 'exclusion and fear' at World Cup
This summer's World Cup risks being defined by "exclusion and fear" due to crackdowns on immigration, demonstrations and press freedom in the United States, Human Rights Watch warned on Monday.
Carney launches $18 billion Canada sovereign wealth fund
Prime Minister Mark Carney on Monday announced the creation of Canada's first-ever sovereign wealth fund, beginning with a CAN$25 billion ($18.3) endowment he said will strengthen the economy amid a "crumbling" world order.
Oil rises, stocks steady as US-Iran peace talk hopes wobble
Oil prices rose and stock markets were steady on Monday as peace talks between the US and Iran stalled, ahead of a week full of central bank decisions and corporate earnings.
ECB set to hold rates steady with eye on Iran crisis
The European Central Bank is expected to hold interest rates steady again this week as it waits to see if the inflation spike triggered by the Middle East war will prove temporary or begin to weigh on growth.
Iran foreign minister arrives in Russia as US talks remain stalled
Iran's foreign minister arrived in Russia on Monday as peace efforts between Tehran and Washington hung in the balance, following a flurry of regional diplomacy and the collapse of planned talks in Pakistan.
Oil rises, stocks swing as peace talk hopes wobble
Oil prices rose Monday while stocks were mixed with the United States and Iran no closer to ending their eight-week-old war after Donald Trump cancelled his envoys' trip for peace talks at the weekend.
Iran minister leaves Pakistan, heads to Russia for more talks
Iran's foreign minister departed Islamabad for Moscow on Sunday, his ministry said, ping-ponging from capital to capital as mediators hoped to keep peace talks between Tehran and the United States alive.
Vollering wins women's Lige-Bastogne-Liege for 3rd time
European champion Demi Vollering won her third Liege-Bastogne-Liege one-day classic after a solo breakaway 35km from the finish on Sunday.
India plugs oil gap as Middle East supplies sink
India has ramped up purchases of Russian oil and revived alternate supplies from Africa, Iran and Venezuela to blunt a sharp crude shortfall from the crisis-ridden Middle East, analysts say.
Japan inflation cools demand for vending machine drinks
From post offices and parks to stations and even the summit of Mount Fuji, Japan's vending machines are ubiquitous. But with the rapid pace of inflation cooling demand for their drinks, operators are being forced to rethink the business.
Aussie Rules fires appeals chair over ruling on anti-gay slur
Australian Rules football said Saturday it has fired the chair of its appeals board after it reduced a player's penalty for using a homophobic slur because offensive language was "commonplace" on the field.
Billionaire Elon Musk enters courtroom showdown with OpenAI
Jury selection is to begin Monday in a high-profile legal battle between billionaire Elon Musk and artificial intelligence startup OpenAI, which he accuses of betraying its non-profit mission.
OpenAI CEO apologizes to Canada town for not reporting mass shooter
OpenAI's CEO Sam Altman has apologized to a Canadian town devastated by a February mass shooting, saying he was "deeply sorry" the company did not notify police about the killer's troubling ChatGPT account.
'Natural' birth control risks unwanted pregnancy, experts warn
After taking the pill for a decade, Elodie Monnier Legrand decided to try "natural" birth control, an increasingly popular trend that requires tracking fertility to avoid becoming pregnant.
EU trade chief seeks 'positive traction' on US steel tariffs
The EU is seeking more progress in easing the effects of US steel tariffs, its trade chief Maros Sefcovic said Friday, adding that talks are "going in a positive direction."
Battle lines drawn over EU's next big budget
EU leaders had their swords already drawn when they plunged into intense discussions Friday over the 27-country bloc's next seven-year budget, with the usual frugal nations pushing to contain spending.
Renewed hopes of Iran peace talks keep oil under $100 per barrel
Oil prices fell on Friday after it appeared a second round of Middle East talks was back on, bolstering prospects for an end to a war that has crippled energy shipments from the Gulf.
Ryanair says to cut Berlin flights, blaming taxes
Budget airline Ryanair said Friday that it would reduce flights to and from Berlin starting in October and relocate aircraft based in the German capital, citing comparatively high costs and taxes.
From sun to subsoil, how countries are moving away from fossil fuels
Heating with geothermal energy, lighting with solar panels, cooking with biodegradable waste: how can we live with less oil and gas?