World News

Strait of Hormuz closure threatens recession rivaling 2008: Rapidan Energy

Oil prices have nearly doubled since late February as the war between the US, Israel and Iran upends global markets and triggers concern about a simultaneous spike in inflation and slowdown in growth

Progress in US, Iran talks undercut over uranium stockpile, Hormuz tolls

Secretary of State Marco Rubio said a toll system would make a deal with the US 'unfeasible'

US depleted roughly half of THAAD interceptors in defence of Israel: Report

In a statement, the Pentagon defended the balance of military resources used between Israel and the United States

US, Iran are in intense indirect talks for drafting final agreement: Report

The report also said that intensive mediation efforts are underway, with Mohsin Naqvi currently in Iran to discuss the status of the Strait of Hormuz

Republicans pull vote on Iran war resolution that was on verge of passing

The House had scheduled a vote on a war powers resolution, brought by Democrats, that would rein in Trump's military campaign

Trump dismisses fears, says US wants to help Cuba on 'humanitarian basis'

Trump dismissed speculation that the deployment of the aircraft carrier USS Nimitz near the region was aimed at intimidating the Cuban government

Trump announces 5,000 additional US troops to Poland, sparks confusion

Trump and the Pentagon have said in recent weeks that they were drawing down at least 5,000 troops in Germany after Chancellor Friedrich Merz said the US was being humiliated by the Iranian leadership

SpaceX halts Starship test flight launch less than a minute before liftoff

The 407-foot (124-metre) rocket was poised to begin a space-skimming journey from Texas extending halfway around the world

Gunmen open fire, killing at least 25 people in twin attacks in Honduras

First incident took place at a plantation in the municipality of Trujillo in northern Honduras, where at least 19 workers were shot and killed, according to Public Prosecutor's Office spokesperson

Despite 'good signs' in Iran talks, 'other options' remain on table: Rubio

US Secretary of State added that there were 'good signs' in the ongoing negotiations between the US and Iran despite weeks of back-and-forth on a sustainable end to the war

Ukraine can be EU 'associate' member: German Chancellor Friedrich Merz

Friedrich Merz has proposed an "associate member" status for Ukraine as an interim pathway towards full EU membership

Stephen Colbert's final 'Late Show' will mark the end of an era

Stephen Colbert leaves behind a late-night legacy shaped by political satire, media criticism and America's changing cultural landscape

Walmart sticks to conservative annual targets, shares decline 7%

Walmart maintained cautious annual targets despite strong sales growth, sending its shares down over 7 per cent

Elon Musk's SpaceX files for IPO: Inside revenue, losses, and future plans

The filing showed that SpaceX has been aggressively investing in artificial intelligence (AI), Starlink satellites and future space missions

US charges former Cuban President Raul Castro in 1996 aircraft shootdown

The indictment was related to Castro's alleged role in the shootdown of two small planes operated by the exile group Brothers to the Rescue

Nvidia's profit increases 211% as AI boom powers chipmaker's growth

Nvidia highlighted diversification beyond hyperscalers as it posted soaring profits amid rising AI chip competition

Khamenei says Iran's nuclear fuel stockpile must remain in country

Iran has refused US demands to transfer enriched uranium abroad, deepening tensions in fragile nuclear and ceasefire negotiations

US manufacturing growth hits 4-year high as Iran conflict fuels stockpiling

The figures show how manufacturing is getting a temporary boost from the conflict, which has upended supply chains and driven energy and other costs sharply higher

Iran reviewing Trump's latest proposal as clock ticks on ceasefire

Iran gave no indication of when it would respond to the US and reiterated it wants a commitment that fighting will end 'on all fronts, including Lebanon'

Australian court penalises X Corp $465K for breach of online safety rules

The ruling ends a three-year legal battle in which X had argued it was not obliged to answer eSafety's questions