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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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SpaceX IPO set for liftoff in record market debut

Elon Musk's SpaceX was set to begin trading on the Nasdaq exchange Friday with the biggest initial public offering in history expected to make the polarizing entrepreneur the world's first trillionaire.

From cage fights to the White House, UFC marches into mainstream

As workers put final touches to a massive arena for Sunday's "cage fight" on the White House South Lawn, a few miles away, a professional pianist is learning how to choke someone unconscious.

Pope ends Spain visit with migrant meetings

Pope Leo XIV will meet migrants and hold an open-air mass on the island of Tenerife on Friday to end a visit to Spain that has highlighted the plight of irregular arrivals.

Ex-Tottenham owner sells art collection in blockbuster auction

Works by artists including Picasso, Magritte and Klimt, amassed by the ex-owner of Tottenham Hotspur Football Club, head to auction this month with a total sales estimate of £200 million ($267 million).

US stocks rally, oil prices fall as Trump calls off fresh Iran strikes

Wall Street stocks rallied and oil prices tumbled Thursday after President Donald Trump pulled back from renewed US strikes on Iran while European equities edged higher after the ECB raised interest rates.

Stocks rebound, oil wobbles as traders weigh Iran, rates outlook

European and US stocks rose Thursday while oil prices wavered following the latest flare-up in the Middle East war, with investors also assessing the outlook for US and European interest rates as inflation rises.

First leather bag from T-Rex cells to be auctioned in Paris

A leather bag made from Tyrannosaurus rex cells will be auctioned off on Thursday by Paris auction house Giquello, estimating the "one-of-a-kind" piece could sell for more than $500,000.

Nigerians fleeing xenophobic attacks in South Africa return home

A first group of more than 260 Nigerians repatriated from South Africa following escalating anti-immigrant attacks landed in Lagos on Thursday.

Stocks rebound, oil wavers as traders weigh Iran, rates outlook

Niger criminalises same-sex relations with jail terms

Military-run Niger has enacted a new penal code criminalising same-sex relations with heavy jail sentences, following several other west African countries which have recently adopted tough anti-LGBTQ legislation.

Over 260 Nigerians fleeing xenophobic attacks in S. Africa return home

The first group of Nigerians repatriated from South Africa following escalating anti-immigrant attacks landed in Lagos on Thursday, AFP journalists saw.

ECB makes first rate hike since 2023 to tame Iran war inflation

The European Central Bank on Thursday raised its benchmark interest rate for the first time since 2023 as the Middle East war stokes inflation, despite concerns the move could hit the struggling eurozone economy.

Pope condemns 'indifference' towards migrants on Canaries trip

Pope Leo XIV on Thursday condemned "indifference" towards migrants during a visit to Spain's Canary Islands that symbolised the perils of deadly irregular routes to Europe.

Stocks diverge, oil falls as traders weigh Iran, rates outlook

European stocks rose Thursday after losses in Asia as oil prices wavered following the latest flare-up in the Middle East war, with investors also assessing the outlook for US and European interest rates as inflation rises.

Sweden withdraws controversial proposal to jail 13-year-olds

Sweden's right-wing government withdrew Thursday a heavily contested proposal to lower the age at which children can be sentenced to prison from 15 to 13, citing a lack of support in parliament.

Economic pressures 'manageable': Indonesian deputy finance minister

External and domestic pressures on Indonesia's economy were "manageable", the country's deputy finance minister said Thursday, despite a rout of the rupiah that has forced the central bank to hike interest rates.

Sweden withdraws disputed proposal to jail 13-year-olds

Sweden's right-wing government withdrew Thursday a heavily-contested proposal to lower the age at which children can be sentenced to prison from 15 to 13, citing a lack of support in parliament.

UK probes Ryanair over fees for parents to sit with children

Britain's competition watchdog said Thursday that it had opened an investigation into Irish carrier Ryanair over fees that parents must pay to sit with their children.

Suspense surrounds Swiss anti-immigration vote

The Swiss will vote Sunday on a divisive anti-immigration proposal to cap the country's population, with the result expected to be tight and warnings of "chaos" if it passes.

Rising costs and competition threaten GoPro

For nearly 25 years, GoPro cameras have gone underwater, glided with parachutes and slipped down ski slopes, allowing the adventurous to record images of their experiences.

A taste of home: Zimbabwe restaurants revive traditional food

With both hands gripping a large wooden spoon, a woman stirred thick maize-meal porridge -- Zimbabwe's staple known as sadza -- over an open fire while a three-legged pot of sorghum bubbled beside her.

AI gold rush upends San Francisco housing market

In San Francisco, the longtime hub of the US tech sector, fortunes tied to artificial intelligence startups are inflating home prices and fueling a spike in evictions, splitting the city's population into two different trajectories.

The Indian workers training AI robots to take their jobs

With a smartphone strapped to her head, Indian housewife Nagireddy Sriramyachandra films herself slicing mangoes to train AI-powered robots to take on household jobs in the future.

AI robot cleaners leave the lab for China's living rooms

Beijing cleaner Lin Meiqiong found her work a little easier the day she was paired with an unlikely new colleague -- a tall, wheeled robot with AI-powered tidying skills.

US, Iran hit each other again as hopes for quick peace deal fade

The United States launched fresh attacks against Iran on Thursday, prompting Tehran to retaliate, as US leaders accused their counterparts of dragging out negotiations for a deal to end the three-month war.

Stocks drop, oil rises as Iran and rate worries dog traders

Fresh worries about the Middle East ceasefire and the prospect of a US interest rate hike hit stocks and oil prices Thursday, following a rollercoaster week for markets that has sent shivers through trading floors.

ECB set to hike interest rates to tame Iran war inflation surge

The European Central Bank is set to hike interest rates Thursday for the first time since 2023 as the Iran war fuels inflation, despite concerns the move could hit growth in the struggling eurozone.

Pilots demand answers ahead of Air India crash anniversary

India's aviation accident probe agency is facing renewed criticism from pilot groups ahead of the anniversary of the 2025 Air India Boeing-787 crash in Ahmedabad, which killed 260 people.

All in on Musk, SpaceX's self-declared 'dream weaver'

When SpaceX lists on Wall Street, expected on Friday, Elon Musk will serve simultaneously as chief executive, chief technology officer and board chairman of the rocket and AI company.

SpaceX on cusp of record IPO that could make Musk a trillionaire

SpaceX enters the final stretch Thursday before its expected trading on Wall Street as part of the biggest initial public offering in history, which could propel co-founder Elon Musk to trillionaire status.

US renews Iran attacks, Tehran says it closed Strait of Hormuz

The United States launched a new wave of attacks against Iran on Wednesday night as efforts to end the three-month old war sputtered, and Tehran hit back saying it will target any ship going through the Strait of Hormuz.

Macron says trust in France institutions 'at stake' after girl's killing

President Emmanuel Macron on Wednesday said he feared for trust in France's institutions after a botched investigation into the main suspect in an 11-year-old girl's likely murder triggered public outrage.

Dubai Telegraph - Economy (English)