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Iranian tankers exit US blockade zone ahead of peace talks

The first tankers carrying Iranian oil exited a US blockade in the Strait of Hormuz, a tracking website said on Wednesday, two days before Washington and Tehran launch talks on an agreed peace deal still scant on details -- including Iran's nuclear programme and the lifting of sanctions.

US Fed set to hold rates steady at Warsh's first meeting in charge

The US Federal Reserve is expected to hold interest rates steady on Wednesday at Kevin Warsh's first meeting in charge of the central bank, with rate hikes potentially on the horizon to combat surging inflation.

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German working-age population to shrink dramatically: study

Germany's working-age population will shrink by 4.3 million by 2036 as people retire, the birth rate drops and tougher migration policies deter foreign workers, a study warned Monday.

UK PM announces ban on social media for under-16s

British Prime Minister Keir Starmer on Monday announced a forthcoming total ban on social media for children under 16, saying that such platforms are "making children unhappy".

US and Iran reach deal to end war, reopen Hormuz

The United States and Iran said they reached a deal to end the Middle East war on all fronts including Lebanon, and reopen the vital Strait of Hormuz, but offered little indication on the thorny question of Tehran's nuclear programme.

'For sure': Macron to preach stronger Europe vision at G7 swansong

Emmanuel Macron this week hosts world leaders in his last G7 summit as French president, feeling that Donald Trump's second mandate has vindicated his dream of a stronger Europe but with that vision far from being fulfilled.

Crude prices plunge, stocks surge on US-Iran peace deal

Oil prices tumbled and stocks soared Monday after the United States and Iran said they had reached a deal to end their war that will reopen the Strait of Hormuz, sending a wave of relief through global markets.

Starbucks Korea to shutter outlets for history lessons after 'Tank Day' fiasco

Starbucks stores across South Korea will shutter for half a day next week for staff to attend a history lesson following a promotional campaign gone awry, the coffee giant said Monday.

In crisis-hit Cuba, World Cup offers brief respite

"You need to be happy," reads graffiti spray-painted on a ruined building swamped in trash in Cuba's capital Havana.

Swiss reject divisive anti-immigration proposal

Swiss authorities and economic players breathed a sigh of relief Sunday after voters narrowly rejected a divisive anti-immigration proposal to cap the country's population, which had sparked warnings of "chaos".

UK intercepts Russian shadow fleet vessel in Channel

British forces on Sunday intercepted a sanctioned oil tanker belonging to Russia's shadow fleet in a dramatic night-time operation hailed by Kyiv as a blow to Moscow’s war machine.

Indonesian economy comes up for air but struggles to win back investors

Indonesia's economy faces a perfect storm wrought by high energy prices, and while the currency has rebounded slightly, critics warn government policies are unnerving investors at a critical moment.

Trump says US-Iran deal to be signed Sunday, Hormuz to open after

US President Donald Trump said that a deal with Iran to end the war in the Middle East could be signed Sunday, and that the strategic Strait of Hormuz would be "open to all" immediately after.

Between Trump and a hard place: Fed chair Warsh to lead first rate meeting

US Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank's rate-setting committee next week caught between a rock and a hard place.

High-school drop out to big time crime boss, Venezuela's 'Nino Guerrero'

The Tren de Aragua leader killed in a US-Venezuelan raid was a high school dropout who lived in comfort behind bars as he transformed a prison gang into one of the most powerful and extensive criminal organizations in Latin America.

US-Iran deal could be finalised soon, mediator Pakistan says

The United States and Iran could finalise an agreement to end the Middle East war within as little as 24 hours, mediator Pakistan said Saturday, after both sides expressed optimism about the chances of concluding a deal.

US says downed multiple Iran drones as both insist deal closer

The United States said it downed multiple Iranian drones targeting commercial ships in the Strait of Hormuz early Saturday, hours after both sides said a deal to end the Middle East war was closer than ever.

US clears Paramount's $111 bn Warner Bros. takeover

The US Justice Department on Friday cleared Paramount Skydance's $111 billion takeover of Warner Bros. Discovery, handing a major win to a media empire financed by one of President Donald Trump's closest billionaire allies.

Iran and US say deal closer than ever

Iranian and US officials said Friday a deal to end the Middle East war was closer than ever, with mediator Pakistan also expressing optimism that an elusive agreement was within reach.

Cuba opens more sectors to private business

Cuban President Miguel Diaz-Canel on Friday announced greater freedoms for small businesses across the country, as the communist government takes steps to liberalize the island's economy in the face of a crippling US blockade.

US appellate court upholds Sam Bankman-Fried criminal sentence

A US appeals court on Friday upheld the conviction of disgraced cryptocurrency tycoon Sam Bankman-Fried as part of a sweeping fraud case.

Musk becomes world's first trillionaire as SpaceX shares jump

Shares in Elon Musk's SpaceX jumped 11 percent to $150 on their first day of trading Friday after the biggest initial public offering in history, making the polarizing entrepreneur the world's first trillionaire as he vowed to take humanity to Mars.

Wall Street climbs as SpaceX shares launch, oil slides on Mideast deal hopes

Wall Street pushed higher on Friday as SpaceX shares began trading following world's largest initial public offering, while oil prices slid on hopes of an agreement to end the Middle East war.

France bids farewell to girl, 11, whose killing sparked outrage

Several hundred people gathered in southwestern France on Friday to bid farewell to an 11-year-old girl whose suspected murder sparked protests across the country and exposed failures in the country's judicial system.

Wall Street wobbles as SpaceX shares launch, oil slides on Mideast deal hopes

Wall Street opened mixed on Friday, when SpaceX was set to begin trading following world's largest initial public offering, while oil prices slid on hopes of an agreement to end the Middle East war.

US deportation flight carrying Iranians en route to C.African Republic

A US deportation flight headed to the Central African Republic on Friday, lawyers told AFP, carrying nationals from Iran, Afghanistan, Turkey and Georgia.

British artist David Hockney dies aged 88

British artist David Hockney, one of the most influential and defining figures in contemporary art whose paintings captured the world in brilliant colour, has died aged 88, his publicist announced Friday.

At a Libyan university once ravaged by war, students dream again

A decade after fierce battles reduced much of the University of Benghazi to rubble, students at Libya's oldest and largest university are once again looking to the future with optimism.

Stocks rally, oil slides on Mideast deal hopes

Stock markets rallied and oil tumbled Friday on hopes that a deal to end the Middle East war could be imminent.

'All of us of are migrants,' pope says in Canary Islands

Pope Leo XIV told migrants at a reception centre on the Spanish island of Tenerife on Friday that "all of us are migrants", on the final day of a weeklong visit to Spain focused on the plight of irregular immigrants.

Stocks up, oil down on Mideast deal hopes

Asian and European stocks gained and oil dipped Friday after US President Donald Trump withdrew his threat of further strikes on Iran and said a deal could be signed in the coming days.

Switzerland split on immigration vote: four perspectives

Switzerland's vote on proposed measures to restrict immigration to ensure the population does not exceed 10 million is dividing the country.

Science fiction? Musk's lofty SpaceX goals unrealistic, skeptics say

Elon Musk's SpaceX has made awe-inspiring achievements since its founding over two decades ago and has big ideas -- colonies on Mars, orbital AI data centers, rapidly reusable rockets -- for the future.

Asia stocks up, oil down on Mideast deal hopes

Asian stocks gained and oil dipped Friday after US President Donald Trump withdrew his threat of further strikes on Iran and said a deal could be signed in the coming days.

Dubai Telegraph - Economy (English)