Oil prices whipsawed on fast-moving expectations surrounding a fresh round of peace talks between the US and Iran, with questions over who will attend, and whether they will deliver a lasting truce. The two-week ceasefire is entering its final hours, and US President Donald Trump again threatened to “knock out ...
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UAE arrests Iran-linked terror cellUAE arrests Iran-linked terror cell
The UAE State Security Department arrested 27 men it accused of terrorist activities and links to Iran. There have been similar arrests across the Gulf since the US-Israel war with Iran began — including five men detained in the UAE last month, said to have been working with Iran and ...
US top fusion CEO says Washington losing race to ChinaUS top fusion CEO says Washington losing race to China
The US official overseeing research on nuclear fusion and quantum computing defended proposed funding cuts to federal science programs, even as the country’s top fusion CEO warned the US was losing the race with China. A White House budget proposal released this month called for deep cuts to the National ...
Climate investment shifts toward infrastructure, report findsClimate investment shifts toward infrastructure, report finds
Climate fund dry powder stood at $90 billion in this year’s first quarter, down from a $112 billion peak in the same period last year, according to a new Sightline Climate report. The recent figures don’t represent a retreat for the sector; on the contrary, 2025 was a record year ...
The next US-China battleThe next US-China battle
Andy’s view With only a month to go before US President Donald Trump’s visit to China — the first by an American leader in a decade — there’s little sign he’ll get the “big deal” on trade he so badly craves, or even the “big, fat hug” from Chinese leader ...
Trump’s Fed chair pick Kevin Warsh faces Senate hearingTrump’s Fed chair pick Kevin Warsh faces Senate hearing
US President Donald Trump’s nominee to lead the Federal Reserve must today win over lawmakers and analysts skeptical of his independence amid intense White House pressure on the central bank. Kevin Warsh’s appearance before the Senate Banking Committee as part of his confirmation comes with huge questions in the balance: ...
Apple’s new boss faces dual challenge in ChinaApple’s new boss faces dual challenge in China
Apple’s new CEO must navigate twin challenges in China — of competing in an increasingly fractured market, while maintaining efforts to reduce reliance on the country as a supplier. Outgoing boss Tim Cook won plaudits from analysts and investors for adroitly managing Apple’s relations with Beijing, even as tensions intensified ...
Iran peace talks in doubt as ceasefire deadline loomsIran peace talks in doubt as ceasefire deadline looms
Further peace talks between the US and Iran were in doubt, with just hours to go before the expiry of a ceasefire. Iran has not sent a delegation to attend renewed negotiations in Pakistan, though US Vice President JD Vance is already en route. Iranian hardliners within the divided regime ...
Bahrain bets on AI to boost oil outputBahrain bets on AI to boost oil output
The News Bahrain’s state energy company Bapco is partnering with US oilfield services giant SLB and US AI startup Geminus to squeeze more oil out of its existing wells and pipelines without having to build new infrastructure. The deal will see machine learning used in conjunction with SLB’s Pipesim flow ...
Russia may scrap spending rule as economy falters amid Ukraine warRussia may scrap spending rule as economy falters amid Ukraine war
Russia may sacrifice a crucial spending rule as the Ukraine war puts the economy under pressure, The Bell reported. The budget rule dictates that when oil goes above a certain price, excess revenues are saved in a rainy-day fund for use in leaner times, to smooth out volatility. The Iran ...