Page 11 - Reuters%20

Oil prices fall over 1% as US-Iran talks ease supply disruption fears

Brent futures lost 79 cents or 1.1% to $70.78 a barrel by 0642 GMT, while US West Texas Intermediate crude fell 84 cents or 1.2% to $67.74 a barrel

Microsoft-led consortium to build India-Southeast Asia undersea cable

The other members of the consortium include Tata Communications, Singapore Telecommunications, Singapore's ASEAN Cableship and Japan's NEC Corporation

US govt in advanced talks with AI companies for voluntary model standards

Washington has tightened oversight of new model releases to ‌flag risks amid concerns advanced AI ​could be misused by military ​intelligence in China, Russia or other countries of concern

US, Iran talks conclude in Doha, focused on Strait of Hormuz, frozen funds

The next meeting will take place ​after funeral processions for Iran's late Supreme Leader Ayatollah Ali ​Khamenei, who is due to be buried on July 9

Moscow imports gasoline from New Delhi to mitigate fuel shortages

Russia begins importing gasoline from India to ease fuel shortages caused by Ukrainian attacks on energy infrastructure, as energy trade between the two countries expands

Unchecked AI may pose catastrophic risks, warns UN panel preliminary report

A UN expert panel warned AI is advancing faster than science and regulation, saying there is no guarantee increasingly capable systems will not cause catastrophic harm

US, Iran getting along very well, says Trump after meeting in Qatar

President Donald Trump says US-Iran talks in Qatar are progressing well, expressing optimism over denuclearisation efforts and discussions on a lasting ceasefire

India corn exports set for three-year high on competitive pricing

India's corn exports are set to hit a three-year high in 2026 as record output, competitive prices and lower freight costs boost demand from Asian buyers

US and Iran enter technical talks to secure peace deal, restart shipping

U.S. and Iran hold technical talks in Doha to secure Strait of Hormuz shipping, discuss frozen assets and work toward a lasting ceasefire

World Bank to phase out China lending by 2031 after years of declining

The World Bank plans to end lending to China by 2031 under a new partnership framework, reflecting the country's economic rise and years of declining loan support

Anthropic launches 'Claude Science' AI workbench for scientific research

The workbench offers scientists a user interface specifically designed for conducting research

US Supreme Court to hear Apple's appeal of contempt in Epic Games lawsuit

The Supreme Court is expected to hear the case ​in its next term, which begins in October

South Korea accuses Google of abusing Android app market dominance

The Korea Fair Trade Commission's (KFTC) Market Surveillance Bureau found Google's alleged abuse of market dominance in the Android app marketplace affected $9.1 billion in revenue

Meta loses bid to dismiss US states' lawsuit over child addiction claims

US District Judge Yvonne Gonzalez Rogers in Oakland, California, denied ‌Meta's motion to dismiss claims based on deception, unfair practices ​and violations of the federal act

Oil prices rise as Iran's refusal to meet US envoys dims ceasefire hopes

Brent futures rose 50 cents or 0.69% to $73.45 a barrel at 1208 ‌GMT, while US West Texas Intermediate (WTI) crude climbed 63 cents, or 0.91%, to $70.13 a barrel

US drafting ban on Chinese energy inverters over security concerns

The proposed rules would restrict imports of new foreign inverter models amid concerns that Chinese-made equipment could pose risks to the US power grid

Uncertainty over Qatar talks clouds prospects for US-Iran agreement

Qatar said only technical discussions are scheduled this week, raising doubts over the pace of efforts to secure a lasting US-Iran agreement and fully reopen the Strait of Hormuz

Hormuz disruption may have lasting impact on vulnerable economies: UNCTAD

The UN trade agency said vulnerable economies could continue to face elevated food, fuel and transport costs even after energy markets stabilise following the reopening of the Strait of Hormuz

For first time, more central banks are set to shrink dollar holdings

An OMFIF survey found more central banks intend to reduce US dollar reserves than increase them over the next decade, while gold continues to gain prominence in reserve management

Apple iPhone 18 Pro supplier list, parts, photos exposed in Tata data leak

Leaked Tata Electronics files on the dark web reportedly expose iPhone 18 Pro supplier details and drop-test photos, raising concerns over Apple's supply chain security