World News

War insurers advise shipowners to pause Hormuz voyages after attacks

Renewed tanker attacks in the Strait of Hormuz have driven up war risk insurance costs, raising concerns over shipping, oil supplies, and maritime security

Datanomics: Nato common funding gets equal share from US, Germany

Germany now matches the US in NATO's common funding, but Washington continues to shoulder the majority of indirect military contributions to the alliance

Oil jumps over 5% to two-week high as Trump warns of more strikes on Iran

Brent crude climbed more than 5 per cent to a two-week high after Donald Trump warned of further strikes on Iran, while gold prices declined

With SpaceX Starship, Japan's ispace provides ride-share to the moon

Japan's ispace will launch a lower-cost lunar cargo service using SpaceX's Starship, aiming to expand commercial access to the Moon by 2030

UniCredit nears control in Commerzbank after it secures 48% stake

UniCredit has secured a 47.6% stake in Commerzbank, moving closer to control despite continued opposition from Germany's government and the lender's management

Trump says he thinks he will remove Syria from US terrorism sponsor list

Trump signalled he may remove Syria from the US terrorism list, extending sanctions relief as Washington backs the country's post-war economic recovery

New Zealand emerging as global laboratory for climate-friendly cows

New Zealand is testing methane-cutting technologies for livestock, aiming to reduce farm emissions while protecting agricultural exports and climate goals

Trump ratchets up naval blockade threats, fresh US Strikes on Iran

Trump threatened more strikes and a renewed blockade on Iran as Tehran vowed an immediate response, raising fears of renewed conflict and oil market disruption

Trump says 'a lot of unity' at NATO summit after lashing allies

Trump's attacks on Spain, renewed Greenland claims and remarks on Iran overshadowed the NATO summit, despite leaders ending the meeting with a show of unity

From New York to Tokyo, equities retreat on renewed US-Iran tensions

Global equities fell and oil prices rose after Donald Trump signalled the ceasefire with Iran may be be over, reviving concerns over inflation and interest rates

'Terrible partner': Trump orders halt to US trade with Spain at Nato summit

Trump, speaking alongside Nato Secretary General Mark Rutte ‌at the start of the summit ​in Ankara, said he ​wanted no business with Spain

Trump threatens to strike Iran's civilian infra, take over Kharg island

US-Iran tensions escalate as Trump threatens strikes on civilian infrastructure and seizure of strategic Kharg Island

From Qatar to Bahrain: Where are the US' military bases in West Asia?

The US has maintained military bases and facilities across West Asia for decades, ranging from major air and naval bases to smaller logistics and intelligence outposts

Ceasefire with Iran 'over', but negotiations can continue: Trump

US President Donald Trump said Wednesday that the interim agreement with Iran is "over" but he will allow talks to continue.

Explained: Why Nestle is tweaking flavours for people taking GLP-1 drugs

Nestle's chefs are working with people taking GLP-1 drugs to develop new flavour combinations, including potentially using more spices and pepper to compensate for dulled taste perception

US cracks down on Lawrence Bishnoi gang; 24 arrested in global raids

The US authorities also charged Lawrence Bishnoi and his associate Goldy Brar with ordering the murder of Khalistani separatist Hardeep Singh Nijjar

China lifts July fuel export curbs, lets private refiner resume shipments

Only state-owned companies were ​permitted to export gasoline, diesel and jet fuel in the past few months while it remains unclear if the lifting of export curbs will ‌continue in August

New US attacks on Iran were 'absolutely necessary', says Nato chief

The US military unleashed a new wave of strikes against Iran on Tuesday and revoked a license allowing Tehran ‌to sell oil after three ​tankers were hit by ​projectiles in the Strait of Hormuz

Nato leaders meet in Ankara as US ceasefire with Iran hangs in balance

European leaders are seeking to reinforce US commitment to the alliance after Trump's criticism of allies, fresh strikes on Iran and renewed claims over Greenland

Qatar condemns strike on vessel Al-Rekayyat, holds Iran legally responsible

Doha said the attack on its vessel near the Strait of Hormuz violated international law, threatened global energy supplies and held Tehran legally responsible for the incident