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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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Record lobby cash shapes EU pro-business agenda, campaigners say

The corporate titans of the tech, energy and chemicals industries are spending more than ever to influence EU decision-makers, determined to see more business-friendly policies -- and it's paying off, campaigners said Thursday.

"I love the inflation": Trump comment on latest price jump sparks backlash

US President Donald Trump on Wednesday brushed off concerns about consumer inflation surging to a fresh three-year high in May, on the back of soaring energy prices caused by his war in Iran.

Trump brushes off latest US inflation jump

US President Donald Trump on Wednesday brushed off consumer inflation surging to a fresh three-year-high in May, with soaring energy prices caused by his war in Iran posing a key challenge to Republicans ahead of midterm elections.

Stocks slide on US inflation surge, tech weakness

Global stock markets mostly fell on Wednesday as fresh strikes in the Middle East, a jump in US inflation and a tech sell-off weighed on sentiment.

Trump vows attacks on Iran for 'playing' US over peace deal

President Donald Trump warned on Wednesday that he would renew US attacks on Iran, saying Tehran had taken too long to agree a deal to end the Middle East war and accusing its negotiators of "playing us for suckers."

SpaceX's historic IPO by the numbers

The stock market debut of SpaceX -- Elon Musk's rocket, satellite and company -- expected Friday, could be the biggest in history. Here are the key numbers.

Stocks slide as US inflation surges, US and Iran trade strikes

Stock markets mostly fell on Wednesday as fresh strikes in the Middle East, a jump in US inflation and a tech sell-off weighed on sentiment.

Surging US consumer inflation hits three-year high in key challenge for Trump

US consumer inflation surged to a fresh three-year high in May, with soaring energy prices caused by US President Donald Trump's Iran war posing a key challenge to Republicans ahead of midterm elections.

Stocks drop ahead of key US inflation data

Stock markets fell on Wednesday as fresh strikes in the Middle East and a tech sell-off weighed on sentiment ahead of closely watched US inflation data.

Belfast stabbing suspect in court after 'terrifying' night of violence

Burnt-out cars and smashed windows littered Belfast streets on Wednesday as a Sudanese man appeared in court over a brutal knife attack that triggered "terrifying" violence against immigrants in Northern Ireland.

Tech leads Asia losses as rollercoaster week rumbles on

Stocks fell Wednesday to extend a rollercoaster week for markets, with tech firms once again bearing the brunt of the selling as investors fret over elevated prices and possible US interest rate hikes.

Belfast stabbing suspect due in court after night of violence

A Sudanese man was due to appear in court in Northern Ireland Wednesday over a brutal knife attack captured on video that triggered a night of violence by anti-immigration protesters.

Bollywood's Imtiaz Ali bets on Gen Z thirst for love

In an era dominated by hyper-violent blockbusters and larger-than-life action spectacles, Indian filmmaker Imtiaz Ali believes young audiences are searching for something deeper -- love that lasts.

Messi plushies see roaring trade as China firms get World Cup boost

Toy charms shaped like a goat and decked out in Lionel Messi's Argentina number 10 shirt pepper a factory tabletop in China, where sellers are betting on the country's lucrative fan market for a big World Cup boost.

Salt: integral ingredient of sumo stars' art

Paris will be the setting next weekend for one of Japan's oldest martial art forms, sumo wrestling, but an unheralded star of the major two-day tournament will be 100 percent French: the 200 kilogrammes of customised Guerande salt ordered by organisers.

Tech leads Asia losses, oil rises as rollercoaster week rumbles on

'The Donald of Dubai': property tycoon seeks to become data king

A UAE real estate magnate close to Donald Trump is pumping billions of dollars into data centres, hoping to cash in on the AI boom and become the global leader in the field.

Protesters torch buildings and vehicles, block roads over Belfast stabbing

Anti-immigration protesters torched buildings and vehicles in Belfast on Tuesday evening and blocked roads, a day after a stabbing allegedly by a Sudanese refugee, captured in a graphic video that shocked the country.

US tech shares resume sell-off while oil prices retreat

Global stocks mostly fell Tuesday as US tech shares faced another round of selling followed recent outsized gains and markets weighed the latest uptick in US-Iran tensions.

One killed as Kenyan protests at US Ebola centre turn violent

At least one person was killed as Kenyan police fought violent running battles and fired tear gas Tuesday at hundreds of people protesting against an Ebola quarantine centre being built for US citizens in a tourist town.

Stocks slump as US tech rebound falters, oil dips below $90

Stock markets fell Tuesday, giving back earlier gains as US technology stocks turned lower after weeks of solid gains on renewed doubts about prospects for AI names.

Stocks turn lower as US tech rebound falters

Stock markets fell Tuesday, giving back earlier gains as US technology stocks turned lower after weeks of solid gains on renewed doubts about prospects for AI names.

EU orders Meta to open WhatsApp to rival AI chatbots for free

The EU ordered Meta on Tuesday to give rival AI chatbots access to its WhatsApp platform for free within five working days as it carries out an antitrust probe, or risk a heavy fine.

Stocks rise, oil eases after Trump evokes Iran deal

Stock markets mostly rallied Tuesday and oil prices dipped after US President Donald Trump hinted at a deal with Iran in the coming days, while OpenAI's confirmation of a plan to issue shares rekindled demand for technology stocks.

Trump-linked resort plan ignites Albanian discontent

Thousands have taken to the streets across Albania for over a week, as a luxury resort development linked to US President Donald Trump ignites long-running discontent over corruption in the Balkan nation.

Oil prices drop, stocks rise on Mideast hopes

Stock markets mostly rallied Tuesday as investors returned to the AI trade, while easing Middle East tensions weighed on oil prices and the dollar.

Europe's top firms fuelling inequality with payouts: Oxfam

Europe's 100 largest companies pay out more than two-thirds of profits to shareholders on average, fuelling inequality and diverting cash which could be used for investment, Oxfam said on Tuesday.

UK government 'concerned' by abuse claims against West Ham co-owner

Allegations billionaire West Ham co-owner David Sullivan preyed on women for sex are "deeply concerning", the British government said Tuesday.

German factory output, exports rise but Iran war weighs

German industrial production and exports rose slightly in April, official data showed Tuesday, but analysts warned the momentum was too weak to signal an economic rebound as the Iran war weighs.

Business, unions unite against Swiss immigration cap push

Swiss business leaders and unions are mobilising ahead of a vote Sunday on capping immigration, which has triggered fears of dire impacts on employment and trade relations with the European Union.

China exports surge as Beijing withstands Middle East stress

Chinese exports surged by almost a fifth last month, official data showed Tuesday, as shipments of tech components and machinery helped the world's second-largest economy weather pressure from the Middle East war.

Asian stocks track Wall St tech bounce, oil eases on Mideast hope

Asian stocks enjoyed a partial rebound from the previous day's rout as investors returned to the AI trade, while easing Middle East tensions also provided support and pushed oil prices down.

Dubai Telegraph - Economy (English)