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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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Turkey probes billionaire businessman, 95 over Kurdish woman joke

Prosecutors on Saturday opened a probe into a 95-year-old billionaire and honorary head of Koc Holdings, Turkey's biggest conglomerate, over a joke about a Kurdish woman widely denounced as sexist and racist.

Lay loving life as first lady of Lord's turf

Meg Lay has swapped harvesting peas in New Zealand for tending the hallowed turf at Lord's as one of the few women in the groundskeeping industry.

In New York, waiting in line becomes a social scene

In front of L'industrie Pizzeria, as at many other New York restaurants and shops, customers line up behind barriers -- in this case, all to grab a prized pizza slice.

Airlines gather in Rio to chart course as horizon darkens

Airline executives descend on Rio this weekend to weigh the prospects for an industry grappling with geopolitical turbulence, soaring fuel costs and travellers wary of chasing sky-high ticket prices.

Tech sell-off, rate-hike fears drive Wall Street plunge

Wall Street's key indices closed heavily in the red on Friday, hit by a massive sell-off in technology stocks following a recent surge driven by AI investment, and fears of US Fed rate hikes on the horizon.

Argentine rock legend Carlos 'Indio' Solari dies at 77

Carlos 'Indio' Solari, a towering figure in Argentine music known for his blend of hard rock and punk, died Friday at the age of 77, according to a police report seen by AFP.

Irish slump drags eurozone economy into red

The eurozone economy recorded an unexpected contraction in the first quarter, dragged down by a sharp fall in Irish gross domestic product -- a recurring distortion linked to the accounting practices of the many multinationals based in the country.

MEXC "Pizza Day: Urban Run" Draws Over 82,000 Participants and Rewards Nearly 75,000 Users

MEXC, a pioneer in 0-fee digital asset trading, has announced the conclusion of the "Pizza Day: Urban Run" event, which drew 82,398 participants and distributed rewards to 74,912 users. As the first featured experience under MEXC's "One Pizza, Infinite Opportunities" campaign, the initiative reflects MEXC's ongoing commitment to lowering barriers to crypto participation and delivering tangible value for users.

MEXC Lists YOM (YOM) with 200,000 YOM and 40,000 USDT in Airdrop+ Rewards

MEXC, a pioneer in 0-fee digital asset trading, has announced the listing of YOM (YOM) in the Innovation Zone. Spot trading for the YOM/USDT pair is now open as of June 5, 2026, at 10:00 (UTC). To celebrate the listing, MEXC has launched an Airdrop+ event with a reward pool of 200,000 YOM and 40,000 USDT.

Blockbuster US job gains ruffle Wall Street

Forecast-beating US jobs data rattled Wall Street on Friday as investors saw increased chances of an interest rate hike.

Strong US job growth beats expectations in May, firming recent gains

US job growth surged past expectations in May with the unemployment rate remaining steady, as the labor market in the world's largest economy showed signs of firming after months of turbulence.

Nvidia's Huang arrives in South Korea with 'surprises', bets on robotics

Nvidia chief executive Jensen Huang arrived in Seoul Friday for a packed schedule of meetings with tech leaders, promising "some surprises" for South Korea while predicting robotics will be the country's next major growth sector.

Irish slump drags eurozone economy into red in first quarter

The eurozone recorded an unexpected contraction in the first three months of 2026 due to a steep slump in Ireland's economic figures, according to revised data issued on Friday.

Oil dips, equities diverge on MIdeast, AI trades

Oil prices slipped and stock markets were mixed Friday as traders reacted to Mideast war developments and concerns over the AI sector.

Crypto scammers prey on French victims from Albania

Despite facing up to 10 years in jail on fraud charges for allegedly luring people into putting their savings into an Albania-based cryptocurrency investment scam, Jon shows zero remorse.

Asian stocks take another hit from AI, Mideast worries

Asian equities went into reverse Friday on continued worries about the AI trade after disappointing forecasts from chip titan Broadcom, while investors were also keeping a wary eye on stuttering Middle East peace efforts.

SpaceX IPO: rockets, AI losses and Musk in control

SpaceX is inviting investors to bet on Elon Musk's vision of AI data centers in space and humans on Mars.

Oil drops, stocks mostly higher despite AI concerns

Oil prices and the dollar retreated Thursday as traders tracked conflicting developments in the Middle East war, while equity markets mostly rose despite a disappointing outlook from US chipmaker Broadcom weighing upon AI stocks.

Hungary drops charges against organisers of banned Pride marches

Hungarian prosecutors said Thursday they had dropped charges against organisers of last year's Pride marches, citing a landmark ruling from the EU's top court.

Oil drops, stocks mixed on Mideast war, AI uncertainty

Oil prices and the dollar retreated Thursday while stock markets were mixed as traders reacted to conflicting events in the Middle East war and the artificial intelligence industry.

MEXC Tops New Contract Listings in CoinGecko's 2026 State of Crypto Perpetuals Report

MEXC, a pioneer in 0-fee digital asset trading, ranked No. 1 in new perpetual contract listings among all major centralized exchanges globally, according to CoinGecko's newly released 2026 State of Crypto Perpetuals Report. Beyond leading in new contract listings, MEXC also ranked among the top four exchanges globally in open interest market share and established itself as a key participant in global perpetual trading volume.

Vast astronaut mission kicks off commercial race to replace ISS

The race to replace the ageing International Space Station is heating up after US company Vast announced a mission to fly an astronaut to its planned Haven-1 station next year.

Iran leader says dealt enemies 'decisive blow' in Mideast war

Iran's supreme leader said Thursday that the United States and Israel had been dealt a "decisive blow" in the Middle East war, after the government reported "no tangible progress" in negotiations on ending the conflict.

SpaceX seeks a record $75 bn in stock market debut

SpaceX, the rockets-to-AI behemoth led by Elon Musk, aims to raise $75 billion in the biggest initial share sale ever, as the world's richest person pursues data centers in space and a trip to Mars.

Asian stocks drop on AI, rate hike worries as Lebanon deal hits oil

Asian stocks sank Thursday after a disappointing forecast by chip giant Broadcom stoked concerns about the AI trade, while stronger-than-expected US data compounded speculation the Federal Reserve could hike interest rates.

From poplars to pistachios, Afghans rediscover the value of trees

Under the shade of recently planted poplars in northeastern Afghanistan, village leader Ghulam Ali Poya is proud to see residents rediscover the value of trees after years of wartime deforestation.

Indonesian rupiah falls to record low against US dollar

Indonesia's rupiah hit its weakest level ever against the dollar on Thursday, breaching the psychological 18,000 threshold amid concerns about the country's economy amid surging energy costs.

Stocks drop on AI, rate hike worries as Lebanon deal hits oil

Stocks sank Thursday after a disappointing forecast by chip giant Broadcom stoked concerns about the AI trade, while stronger-than-expected US data compounded speculation the Federal Reserve could hike interest rates.

US House votes to curb Trump on Iran war as talks stall

The US House of Representatives has backed a resolution seeking to halt American military action in Iran -- a symbolic move that deals a political blow to President Donald Trump as efforts to find a deal with Tehran stagnate.

Tim Berners-Lee calls for AI to preserve 'original values' of web

World Wide Web pioneer Tim Berners-Lee says he wants to see artificial intelligence preserve "the original values" of his invention while allowing users to filter personal data sent to tech giants.

South Korean adoptees sue Denmark over right to know birth families

Eight South Korean-born adoptees are suing Denmark for its role in their illegal adoptions decades ago, demanding the state admit responsibility for covering up their origins.

NASA ends mission after loss of Mars probe

NASA said Wednesday it will end its mission to study the atmosphere and evolution of Mars after its probe went silent for six months.

Dubai Telegraph - Economy (English)