Economy

Equities turn around on renewed Middle East hopes, oil pares gains 

MSCI's global equities gauge gained modestly on Thursday while the dollar lost ground and oil's rally narrowed, after Israel sought

SiFive raises $400 million from Atreides, Nvidia for data-center chip technology 

American Airlines, Alaska Air hike checked baggage fees amid soaring fuel prices

American Airlines and Alaska Air said on Thursday they are hiking checked baggage fees, as carriers seek to pass on soaring jet fuel costs linked to escalating tensions in the

OpenAI pauses UK data centre project over regulation, costs

ChatGPT-maker OpenAI is pausing its main data centre project in Britain over an unfavourable regulatory environment and high energy costs, dealing a blow to the

USTR's Greer sees no changes in data rules that bar Chinese vehicles from US

U.S.

CarMax settles with activist Starboard with two new board appointments

CarMax said on Thursday it would add Bill Cobb and Jim Kessler to its board in connection with its 2026 annual shareholder meeting, after activist investor Starboard Value pushed

StubHub to pay $10 million to settle FTC ticket price case

StubHub Holdings on Thursday agreed to pay $10 million to settle U.S.

Trading Day: Ceasefire sends stocks higher

U.S. stocks rallied on Thursday, with the S&P 500 and Nasdaq clocking their seventh daily gain, as investors shrugged off a rise in oil prices

US-Iran ceasefire: what we know

Here is what we know following Tuesday evening's dramatic reversal by U.S. President Donald Trump of his threats to attack Iran's civilian infrastructure. 

USA Rare Earth considers building French magnet plant

USA Rare Earth is considering building a magnet plant in France, its CEO said on Thursday, after agreeing to pay 40 million euros ($47 million) for a stake

Trump says Iran should not charge fees to tankers going through Strait of Hormuz

President Donald Trump said on Thursday Iran should not charge fees to tankers going through the Strait of Hormuz, which has been blockaded since the

How a retired cranberry bog helped change the game for wetland restoration

The largest restored wetlands in Massachusetts now cover hundreds of acres of what used to be cranberry farms

World Bank could mobilize at least $20 billion in post-war support, Bloomberg news reports

The World Bank Group could mobilize $20 billion to $25 billion in rapid financing to countries grappling with the economic fallout of the war in Iran, Bloomberg News reported on

Wall Street ends higher as Middle East peace talks lift sentiment

U.S. stocks advanced on Thursday, as ongoing negotiations toward a peaceful resolution to the six-week Middle East conflict helped ease

Israel seeks Lebanon talks after bombardments threaten Iran truce

Israeli Prime Minister Benjamin Netanyahu said on Thursday he is seeking direct talks

Wall Street sank on Iran war fears. Now it’s surging. Here’s why

Wall Street sank on Iran war fears. Now it’s surging. Here’s why

Fitch cuts FS KKR Capital rating to junk territory as asset quality weakens

Fitch Ratings on Thursday downgraded its rating on a private credit fund jointly run by Future Standard and KKR to junk territory, citing continued deterioration in its asset

Banker's payments to big names in Brasilia stoke election tensions

A Brazilian banker arrested last month on fraud allegations had paid millions to powerful figures across the political spectrum,

Senate committee delays Fed nominee's hearing, Punchbowl reports

The U.S. Senate Banking Committee is no longer planning to hold a confirmation hearing for Kevin Warsh, U.S.

US PCE inflation picks up in February; consumer spending solid

U.S. inflation increased as expected in February and likely rose further in March amid the war with Iran, a trend that is expected to discourage the Federal Reserve

SpaceX posted nearly $5 billion loss in 2025, The Information reports

Elon Musk's IPO-bound SpaceX posted a loss of nearly $5 billion in 2025 on revenue of more than $18.5 billion, The Information reported on Thursday, citing sources.

South Korean central bank stands pat as Middle East war fuels inflation, growth risks

South Korea's central bank kept its policy interest rate steady on Friday, maintaining a cautious stance as the conflict in Iran threatens to heat up domestic inflation and

US Republicans block bid to rein in Trump Iran war powers

U.S.

Ecuador raises tariffs on Colombia to 100% from 50% as tensions escalate

Ecuador's government on Thursday said it was raising tariffs on imports from its larger neighbor Colombia to 100% from a prior level of 50%,

UK's Starmer says Iran conflict shows Britain must take a new path

Prime Minister Keir Starmer on Thursday said the Iran war must become a turning point for Britain after two decades of crises, and he promised to

Russian diplomat: Moscow will not abandon Cuba, help with energy

Russia will never abandon or betray Cuba and plans to help the Communist island tackle energy issues linked to a U.S. embargo, a Russian deputy foreign minister was quoted as

BOJ will set policy with eye on scale, length of Iran war shock, deputy governor says

Bank of Japan Deputy Governor Ryozo Himino said on Friday the central bank will guide monetary policy with an eye on the scale and length of the economic shock caused by

China sees first producer inflation in over three years

China's factory-gate prices in March turned positive for the first time in more than three years, official data showed on Friday, pointing to rising import cost pressures

Japan rules out major domestic risks from private credit for now

Japanese Finance Minister Satsuki Katayama said on Friday private credit does not pose a major issue domestically at present but noted risks linked to

Japan wholesale inflation jumps, BOJ vows vigilance to stagflation risk

Japanese wholesale inflation jumped in March and the central bank's deputy governor called for vigilance to the risk of stagflation, highlighting mounting

Apple to shutter its first unionized US store in Maryland

Apple said on Thursday that it will shut down its retail store in Towson, Maryland, the first of its U.S. locations where retail employees successfully unionized in 2022.

Asia Pacific faces weaker growth and higher inflation from Middle East crisis, ADB warns  

Growth in developing Asia and the Pacific is expected to slow this year as the conflict in the Middle East disrupts trade and energy markets, the Asian Development Bank

Pakistan's high-stakes Iran peace bid is fraught with risk

Pakistan is under huge pressure to pull off what some diplomats regard as mission impossible: broker a peace deal between Iran and the

Trump says he’ll fire Powell next month if he stays in his role at the Fed

Trump says he’ll fire Powell next month if he stays in his role at the Fed

South Korea holds rates steady as Iran war fans inflation, growth risks

South Korea's central bank kept its policy interest rate steady on Friday and warned of a highly uncertain path ahead as a broadening conflict

Saudi Arabia says attacks cut oil output and East-West Pipeline flow

Attacks on Saudi energy facilities have cut the kingdom's oil production capacity by around 600,000 barrels per day and

US Justice Department opens probe into NFL over anticompetitive practices, source says

The U.S.

China's factories snap years-long deflation spell on Iran war price shock

China's factory-gate prices rose for the first time in more than three years in March, in an early sign that the war in Iran is feeding cost pressures into the world’s

Ukraine faces months of diplomatic and military pressure, Zelenskiy says

President Volodymyr Zelenskiy said the spring and summer months would be difficult for Ukraine as it would face pressure on the battlefield and also

Chinese foreign minister tells North Korean minister Pyongyang is making strides despite US 'oppression'

China's Foreign Minister Wang Yi said North Korea has made remarkable accomplishments despite conspiracies by the United States and Western forces to oppress and isolate

Myanmar's new president sees challenges ahead, eyes ASEAN detente

Myanmar's new President Min Aung Hlaing said on Friday his government has many challenges to overcome and seeks to improve the country's international standing, including

Polls - please ignore, test test test test

Voters in Hungary could deliver a boon to bond investors, while Peru's weekend

Thailand will introduce support measures to ease impact of high oil prices, minister says 

Thailand's government will approve a package of support measures to mitigate the impact of higher oil prices, the finance minister said on Friday, but he warned that the

Eyes on Islamabad

It's all about the Iran war once again, with weekend ceasefire talks being the main event, but the coming days will also give early indications of the fallout for big companies

Taiwan sees only warships and warplanes as China talks peace with opposition

Taiwanese officials are tracking what they view as a worrying rise in Chinese naval activity and military pressure against the island, even

Australia, Singapore leaders pledge closer energy ties to tackle global supply shock

Australian Prime Minister Anthony Albanese held talks in Singapore on Friday with counterpart Lawrence Wong, in which they vowed

TSMC's first-quarter revenue surges as AI interest propels sales beyond market forecasts

TSMC, the world's largest contract chipmaker, on Friday reported a 35% surge in first-quarter

Daimler Truck Q1 unit sales decline on weak North America demand

Daimler Truck, one of the world's largest truckmakers, on Friday reported a 9% decline in first-quarter group unit sales, weighed down by a sharp slowdown in North America.

EU and US near critical minerals deal to combat Chinese control, Bloomberg News reports

The European Union and Washington are closing in on an agreement to coordinate on producing and securing critical minerals, Bloomberg News reported on Friday. 

US consumer inflation expected to have surged in March amid Iran war

U.S. consumer prices likely recorded their biggest increase in nearly four years in March as the war with Iran boosted oil prices and the pass-

It's Tax Day. Treasury says 53 million filers used new Trump tax breaks before the deadline

The tax filing deadline for most Americans is Wednesday, and President Donald Trump's administration is highlighting the impacts of Republicans' massive tax and spending law

US labor market holds steady; inflation firmer before Iran war

New applications for U.S. unemployment benefits increased moderately last week, showing no signs of labor market deterioration and potentially giving

Apple leads smartphone market even as overall shipments decline, Counterpoint says

IPhone-maker Apple led global smartphone shipments in the first quarter of 2026, growing 5% year-on-year, even as overall shipments fell due to a shortage of memory components,

Porsche deliveries tumble further in first quarter

Porsche AG's deliveries slumped further in the first three months of 2026, with sharp declines in key markets China and the United States, as loses its shine across.

Shippers weigh unusual routes as high air cargo rates, ocean gridlock persist

Some shippers caught between high jet fuel prices and congestion in vital Middle East waterways are now looking for

US pushes to renew ties with Peru ahead of uncertain election

As Peru heads into the first round of its presidential election on Sunday, Washington is mounting its most assertive push in years to

Sodexo cuts 2026 targets as new CEO gears to tackle long-standing issues

French food caterer Sodexo slashed its annual sales and profitability targets on Friday, citing execution challenges and its management's review of contracts and

Warburg Pincus, Munich Re arm team up to invest in Europe's defence sector

U.S. private equity firm Warburg Pincus has launched an investment platform focused on Europe's defence and security sector, with MEAG, the asset manager of reinsurer Munich Re,

Indonesia's Prabowo calls for criminal charges against firms resisting forest crackdown

Indonesian President Prabowo Subianto ordered prosecutors on Friday to file criminal charges against companies that refuse to cooperate with a task force he launched to

Kremlin says Putin envoy's US visit does not mean Ukraine talks have resumed

The Kremlin said on Friday that a visit to the United States by Russian President Vladimir Putin's special investment envoy did not mean that negotiations on a possible

World Food Programme warns Lebanon facing food security crisis due to Iran war

Lebanon is facing a food security crisis due to Israel's offensive against militant group Hezbollah, which has disrupted supplies of goods and pushed

Global equity fund inflows surge on Middle East ceasefire boost

Global equity fund inflows nearly doubled in the week through April 8 as a two-week Middle East ceasefire raised hopes of a resumption of shipments through the Strait of Hormuz.

Ukraine, Russia move towards potential peace deal, Bloomberg reports

Ukraine and Russia are moving towards a potential deal to end the war, Bloomberg News reported on Friday, citing the top aide to Ukrainian President Volodymyr Zelenskiy.

U.S. equity fund inflows surge on optimism over Mideast ceasefire

U.S. investors ramped up purchases of equity funds in the week to April 8, as hopes for a two-week Middle East ceasefire boosted expectations for a reopening of the Strait of

Snap unit to use Qualcomm chips for upcoming AI smart glasses

Specs, the Snap smart glasses unit formed early this year, will use Qualcomm chips for its upcoming devices under a multi-year deal announced on Friday, marking its first major

Fed's Daly says oil shock means getting inflation down takes longer

San Francisco Federal Reserve President Mary Daly said the U.S. economy is fundamentally solid, the labor market has steadied, and monetary policy is in a "good

Lithium bulls set to gatecrash Chile's copper party

Chile is set to break with precedent and open its annual global copper gathering next week with a day of panels devoted

USTR: China involvement in Iran would complicate matters

U.S.

Lufthansa strike disrupts tens of thousands of passengers as City Airlines secures pay deal

Tens of thousands of passengers faced travel disruption across Germany on Friday as cabin crew at Lufthansa and its regional unit Lufthansa CityLine staged a day-long

Wall St futures gain after March inflation data

U.S. stock index futures gained slightly on Friday after March inflation data calmed some concerns over the inflationary fallout of the Middle East conflict on the U.S. economy.

Traders keep bets the fed will stay on hold all 2026

Traders on Friday kept bets the Federal Reserve will leave interest rates on hold through the end of 2026 after the Labor Department reported consumer prices surged in March, as

S&P 500, Nasdaq open higher after inflation data; Mideast in focus

The S&P 500 and the Nasdaq opened higher on Friday after March inflation data largely aligned with expectations despite persistent pressures from the Iran war, while investors

March inflation report, first to show impact of war, is in line with expectations

U.S. consumer prices rose 3.3% from a year ago in March, data showed, giving investors a first glimpse of the impact on prices of the U.S.-Israeli war against Iran.

Canada's March employment posts modest increase, jobless rate unchanged

Canada's job growth remained subdued in March while the unemployment rate held steady at 6.7% from the prior month, data showed on Friday, signaling

Glencore buys 45% stake in South Carolina aluminium recycling plant

Glencore on Friday said it acquired a 45% stake in an aluminium recycling and remelting plant near Charleston, South Carolina, strengthening the London-listed miner's position in

Brazil annual inflation accelerates in March on fuel price pressures

Brazil's 12-month inflation rose more than expected in March, official data showed on Friday, driven by higher transportation costs, particularly gasoline prices, amid

Can the US and Iran bridge their differences in talks?

The U.S. and Iran are set to hold peace talks in Pakistan, which has been mediating, but remain deeply divided on key issues, even though President Donald Trump has said proposals

US consumer sentiment dives to a record low in April amid Iran war

U.S. consumer sentiment plunged to a record low in early April and consumers anticipated a surge in inflation in the next 12 months, a survey showed on Friday.

US factory orders unchanged in February for second straight month

New orders for U.S. factory goods were unchanged for a second straight month in February as weak demand for commercial aircraft offset gains elsewhere.

Spat over oil price relief exposes strains in Germany's coalition

Germany's economy minister on Friday proposed higher tax breaks to commuters but dismissed proposals by the government's junior

Outflows from leveraged loan funds jump as investors shun credit risk

U.S. leveraged loan funds are suffering heavy outflows this year as investors grow more cautious about credit risk while broader concerns mount over

Dolce & Gabbana co-founder Stefano Gabbana resigns as chair, keeps creative role

Dolce & Gabbana said on Friday its co-founder Stefano Gabbana stepped down from his roles at the Italian fashion house and its controlling holding company with effect from

Middle East war spotlights Florida's fuel supply vulnerability

Florida residents have paid significantly more than the nationwide average for gasoline and diesel in recent weeks as the U.S.-Israeli war with Iran

YouTube raises subscription prices in US for the first time in 3 years

YouTube on Friday raised subscription prices in the United States, with increases of up to $4 set to take effect from the next billing cycle.

Ads for GLP-1 drugs are flooding the internet – here’s how to know if it’s safe to buy them online

The thriving market in online, counterfeit GLP-1 drugs that do not meet FDA criteria poses serious risks to consumers.

Estonia says detaining Russia's tankers in Baltic Sea is too risky

NATO member Estonia will refrain from detaining Russia's "shadow fleet" vessels in the Baltic Sea, worried that seizing oil tankers

US utility stocks are off to their best start since 2019. Can they keep it up?

U.S. utility stocks marked their strongest start to the year since 2019, benefiting from an investor retreat from riskier assets during the Iran war and

Big Tech puts financial heft behind next-gen nuclear power as AI demand surges

Big Tech is reshaping the funding landscape for new nuclear technologies as it seeks to bolster electricity supply for power-hungry AI data centers, inking deals

Brazil and US launch joint action to fight organized crime

The Brazilian government on Friday announced a joint initiative with the U.S. to combat organized crime, involving the integration of data from Brazil's

Whirlpool to invest over $60 million in Ohio plant 

Whirlpool said on Friday it will invest over $60 million in an Ohio factory to produce parts for its washers and dryers.

After years of war with Russia, Ukraine's farmers are hit by Iran conflict

Mykola Maliienko, who farms the rich, black soil of central Ukraine and exports crops

Space analytics firm HawkEye's revenue jumped 74% in 2025, US IPO filing shows

Space analytics company HawkEye 360 recorded a 74% jump in revenue in 2025 while also swinging to a profit, its filing for a U.S. initial public offering

STOXX 600 gains for a third week with focus on Middle East peace talks

European equities edged higher on Friday, notching up a third straight week of gains as cautious optimism ahead of U.S.-Iran weekend talks

US judge extends temporary order halting Nexstar, Tegna merger

A U.S. judge on Friday extended an order temporarily freezing Nexstar's acquisition of rival broadcast station owner Tegna for another week as he

Polls in Hungary and Peru next in key election year for world markets

Voters in Hungary could deliver a boon to bond investors, while

Fed will need to explain why current inflation jump differs from 2022 surge

When surging U.S. inflation peaked in June of 2022, driven by rising prices for energy but also for food, shelter, vehicles, and a host of other

White House says it warned staff against market bets amid Iran war

The White House warned staff against improperly leveraging their positions to place bets in futures markets in an email on March 24, a day after President Donald Trump ordered a

Impactive aims to replace WEX CEO on board in proxy fight, sources say

Impactive Capital is urging WEX shareholders to replace the information management services company's long-serving CEO on its board of directors

USA Rare Earth CEO defends Trump administration investment as congressional questions swirl

USA Rare Earth shareholders should not be concerned by the terms of the U.S.

U.S. Democrats keep pressure on Trump regulators over 'suspicious' trades

Two Democratic U.S. senators have called on the federal commodities markets watchdog to investigate lucrative recent trading activity on oil markets since March 23

US consumer inflation hot in March amid record surge in gasoline prices

U.S. consumer prices increased by the most in nearly four years in March as the war with Iran led to a record surge in the cost of gasoline and

How has Hungary changed during Orban's 16 years in power?

Hungarian Prime Minister Viktor Orban and his Fidesz party face their first closely contested election on April 12 after four consecutive landslide victories since 2010.

The unconventional logic behind SpaceX's $1.75 trillion price tag

Wall Street is reaching for some unusual yardsticks to price Elon Musk's SpaceX.

White House opted against televised address about Iran ceasefire, US officials say

The White House considered but decided against a national televised address by President Donald Trump on Tuesday about his ceasefire

Colombia gov't to propose $4.4 billion tax reform to congress, as end of session nears

Colombia's leftist government will propose a $4.39 billion tax reform to congress in the coming days, Finance Minister German Avila said on Friday, though the bill is

South Africa unveils draft AI policy, proposes new institutions and incentives

South Africa on Friday unveiled a draft national AI policy, seeking public comment on sweeping proposals to regulate and accelerate AI adoption.

Ceasefire sends dollar toward weekly drop with US-Iran talks in focus

The dollar slipped on Friday, putting it on track for its largest weekly drop since January, as investors sold safe-haven assets on the assumption that

Americans give record-low marks to economy, in ominous sign for Republicans

Americans are souring on the U.S. economy to a degree never before seen, with the stiffest inflation in four years exacerbating the political risk for

Oil ends lower ahead of U.S.-Iran ceasefire talks, posts steepest weekly loss since 2022

Oil futures settled lower on Friday and posted their biggest weekly decline since 2022 ahead of talks between Iran and the U.S. aimed at securing a

Proxy adviser Glass Lewis recommends Warner Bros shareholders vote for Paramount deal

Independent proxy advisory firm Glass Lewis recommended Warner Bros Discovery shareholders to vote in favor of the company's $110 billion deal to combine with Paramount Skydance. 

US March budget deficit rises slightly to $164 billion as Iran war outlays lag

The U.S. federal government's March budget deficit rose $4 billion or 2% to $164 billion from a year ago as new individual and corporate tax breaks

Colombia raises Ecuador tariffs to 100% as trade tensions escalate

Colombia will raise tariffs on neighboring Ecuador to 100% from 30%, Colombia's trade ministry said on Friday, matching Ecuador's measure from a day earlier amid an

Vance, Bessent questioned tech giants on AI security before Anthropic's Mythos release, CNBC reports

U.S.

Lebanon heads to historic Israel talks with few hopes except to staunch bloodshed

Lebanon's President Joseph Aoun has called for historic direct talks with longtime foe Israel since war erupted a month ago - a month in

Bessent, Powell warned bank CEOs about Anthropic model risks, sources say

U.S.

Equities mixed, oil dips in cautious trade ahead of US-Iran talks

Equities were mixed on Friday and oil prices dipped as investors anxiously awaited U.S.-Iran talks scheduled for the weekend,

US trade court challenges Trump's basis for 10% global tariffs

A panel of trade court judges challenged the legality of President Donald Trump's 10% tax on most imports, suggesting a large trade deficit might not

China's top diplomat meets North Korea's Kim, calls for closer coordination

China and North Korea should further enhance communication and coordination in major international and regional affairs, China's foreign minister said in a meeting with

Crypto giant Kraken's Fed payment account sparks concerns about risks

Crypto giant Kraken's landmark Federal Reserve master account comes with restrictions aimed at mitigating risks, but it - and others likely to

Fitch's outlook cut on Turkey flags growing economic strain

Credit rating agency Fitch revised Turkey's outlook to "stable" from "positive", citing a sharp erosion in foreign exchange reserves due to heavy intervention to support the lira

Trump's peace board faces cash crunch, stalling Gaza plan, sources say

Donald Trump's Board of Peace has received only a tiny fraction of the $17 billion pledged for Gaza, preventing the U.S.

Wall St ends mixed, notches weekly gains as investors parse Middle East negotiations

U.S. stocks closed mixed on Friday, with investors pressing pause as they headed into the weekend and kept an eye on ongoing Middle

IMF retains floor for precautionary balances at SDR 20 billion

The International Monetary Fund said on Friday its executive board has agreed to retain the current floor for precautionary balances, which consist of general and

US team heads to Iran talks in Pakistan with low expectations

A U.S. team led by Vice President JD Vance left for Islamabad on Friday for weekend talks with Iran, even as both sides accused each

Snapchat owner cuts 16% of global staff in latest round of job cuts

Snap Inc., the owner of Snapchat, is cutting about 16% of its global workforce, which means around 1,000 jobs

Iranian delegation lands in Islamabad ahead of 'make-or-break' talks

Iran's negotiating team arrived in Islamabad on Friday for peace talks with the

Fed asks about US banks' exposure to private credit firms, Bloomberg reports

The Federal Reserve is asking major U.S. banks for details about their exposure to private credit following a surge in redemptions from the funds and a rise in troubled loans in

What the Trump tax breaks giveth, the gasoline pump taketh away

U.S.

US DHS calls furloughed staff back to work despite shutdown

The U.S.

Rio Tinto's US boron assets draw interest from bidders, Bloomberg News reports

Rio Tinto's U.S. assets that produce the critical mineral boron have drawn interest from more than a dozen potential bidders and could be valued as much as $2 billion, Bloomberg

Middle East war to cut growth, deliver cascading impact, World Bank chief says

The war in the Middle East will have a cascading impact on the global economy, even if a ceasefire announced by U.S.

US plane carrying team for talks with Iran lands in Islamabad, two Pakistani sources say

A U.S. government plane carrying top U.S. officials landed in the Pakistani capital Islamabad on Saturday for peace talks with Iran, two Pakistani sources told Reuters.

Japan approves additional $4 billion for chipmaker Rapidus

Japan's industry ministry said on Saturday it has approved an additional 631.5 billion yen ($3.96 billion) to accelerate research and development at chipmaker Rapidus.

San Francisco taqueria El Faro looks to sell, saying their rent has nearly doubled

San Francisco taqueria El Faro looks to sell, saying their rent has nearly doubled

Indonesia President Prabowo to visit Russia, meet Putin, minister says

Indonesian President Prabowo Subianto will depart to Russia in the coming days and is expected to meet President Vladimir Putin during the visit, Indonesia's foreign

What are the main talking points at the US-Iran negotiations in Pakistan?

Top U.S. and Iranian officials gathered in the Pakistani capital Islamabad on Saturday to hold talks that seek to end their war https://www.reuters.com/world/iran/ in the Middle

Crash-and-grab burglars use Jeep to steal ATM from Chicago gas station

Crash-and-grab burglars use Jeep to steal ATM from Chicago gas station

Americans weigh in on the Iran war, gas prices and their fears

After six weeks of a war with Iran https://www.reuters.com/world/iran/ that has jolted energy https://

Ukraine can play useful role in Strait of Hormuz, Britain says

Ukraine can play a useful role in international efforts to secure the Strait of Hormuz, Britain's armed services minister said, praising its drone technology

Irish police move to break blockade of oil refinery by protesters angry at fuel prices

Irish police took action to clear protesters blockading the country's only oil refinery on Saturday after a senior government minister said protests over surging fuel

Trump says empty oil tankers heading to U.S. to load up with oil, gas

U.S. President Donald Trump said on Saturday that many tanker ships are en route to the United States to transport oil and gas to other countries.

US military 'setting conditions' to clear mines from Strait of Hormuz

The U.S. military said on Saturday that it had started “setting conditions" for clearing mines in the Strait of Hormuz, with two U.S. warships passing through the key

Czech, Slovak leaders back ally Orban ahead of Hungary vote

Czech and Slovak leaders backed Prime Minister Viktor Orban on Saturday on the eve of Hungary's parliamentary election, saying he was the best choice for the country's

Chinese investment in Brazil pivots from power dams to ice cream, courting consumers

For Chinese ice cream and beverage chain Mixue, which already has more stores than Starbucks or McDonald's, a cheerful snowman mascot on Sao

Veteran negotiator Roelf Meyer appointed as South Africa's ambassador to the US

South African President Cyril Ramaphosa has appointed Roelf Meyer as the country's ambassador to the United States

US intelligence indicates China preparing weapons shipment to Iran, CNN reports

U.S. intelligence indicates China is  preparing to deliver new air defense systems to Iran  within the next few weeks,  CNN reported late on Friday, citing three  people familiar

Costa Rica receives first group of deported migrants under third-country agreement with US

Costa Rica on Saturday received the first group of migrants from other countries deported from the United States under an agreement signed in March

BOJ policy to boost yen could be an option to curb inflation, Japanese minister says

Bank of Japan monetary policy could be an option to tame rising prices by boosting the yen, Japan's trade minister said on Sunday, as the central bank weighs raising

South Korea close to securing oil supplies from Kazakhstan, minister says

South Korea is close to securing crude oil supplies from Kazakhstan, the industry minister said on