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The launch of a new venture capital fund focused on prediction markets underscores the rapid growth of the nascent industry. The founders of the two biggest platforms, Kalshi and Polymarket, are among the investors in 5c(c) Capital, which plans to raise up to $35 million, with some 20 companies in ...

On Monday a judge said videos of recent depositions from DOGE members can be published online once again. The ruling is something of an about face for Judge Colleen McMahon, who originally ordered plaintiffs in the DOGE-related lawsuit “claw back” the videos they had published to YouTube. The videos were ...

Colombia’s defence minister says it was a “tragic accident” but the cause is not yet clear. ...

Thousands of US marines are being deployed to the Middle East. While their mission hasn’t been disclosed, their ability to launch quick, small-scale operations is raising the profile of Gulf islands that could become central to the war in the weeks ahead. Kharg, hundreds of kilometers north of the Strait ...

The Iranian strike that destroyed liquefied natural gas facilities in Ras Laffan, Qatar, last week has set off ripples that will affect the global economy until the end of the decade. The attack knocked out two LNG trains and a gas-to-liquids unit, cutting about 12.8 million tons a year of ...

Reduced oil flows from the Gulf could have some upsides for more nimble US shale producers, as a projected glut in oil supplies quickly evaporates. Analysis by JPMorgan suggests US shale companies and Canadian oil sands producers could emerge as “relative winners” as oil consumers seek alternative supplies in stable ...

Journeys to the airport have become a complicated undertaking for many Gulf travelers, often involving crossing into a neighboring country where airspace remains open. In the interests of keeping planes running and revenues coming in, some airlines are moving over the border too. Kuwait’s Jazeera Airways has started operating from ...

The war in Iran could soon disrupt the AI supply chain, upending the prospects for East Asian firms that drive chip manufacturing but which rely on the Middle East for energy imports. Two major South Korean companies dominate memory chip production, while Taiwan’s TSMC makes 90% of advanced semiconductors; both ...

Donald Trump has delayed his deadline for Iran to open the strait of Hormuz, saying he is postponing strikes on Iranian power plants for a five-day period. The US president had threatened to ‘obliterate’ the regime’s power plants, while Tehran said in return it would ‘irreversibly destroy’ essential infrastructure across ...

Israeli military says it will continue operations in line with Israeli government directives until told otherwise Middle East crisis – live updates The Israeli military said it had launched a new wave of strikes on Tehran, after Donald Trump signalled a pause in US attacks against energy infrastructure after what ...