Page 2 - Reuters

WWDC 2026: After two years of stumbles, is Apple's AI moment here?

At the WWDC 2026, developers anticipate Siri upgrades, including chat mode and app integration, while analysts expect Apple to focus on practical AI features, not cutting-edge tech

Israel hits Iran petrochemical plant amid renewed West Asia tensions

Israel earlier on Sunday launched strikes in the Beirut area for the first time since the US ‌announced a truce plan for Lebanon last week

Xi Jinping hails 'new start' in ties ahead of summit with Kim Jong Un

China's ‌unwavering policy is to develop ties with the ​North and both will strengthen exchanges in all ​areas, Xi Jinping said ahead of his visit

China's global ecommerce push slows as Iran war lifts costs, weakens demand

The business models, based on flying $5 dresses from Chinese factories to shoppers, were already under pressure after Trump introduced tariffs and axed customs waivers on low-value parcels last year

Oil prices climb over $3 amid renewed tensions between Israel, Lebanon

Brent crude futures rose $3.20 or 3.39 per cent to $96.24 a barrel while US crude futures were up $2.87 or 3.17 per cent at $93.41 per barrel as of 0333 GMT

Indian companies hike prices, shrink packs as Iran war squeezes margins

The US-Israeli war on Iran has disrupted trade routes and lifted input costs ​globally, hitting import-reliant economies like India harder, where a weaker rupee is adding to inflation

Asian markets tumble as AI rally cools, oil jumps on West Asia tensions

The Nasdaq had dropped 4.2 per cent on Friday after a hot jobs report ramped up expectations for Federal Reserve interest rate hikes

Trump says he would not unfreeze Iran's assets before peace deal is done

Trump says sanctions relief and access to frozen assets will come only after a peace deal with Iran, while signalling openness to talks with its leadership

Israel strikes Beirut despite truce, Iranian lawmker threatens to retaliate

Israel's strike on Beirut's outskirts and Iran's retaliation threat have raised fresh doubts over efforts to secure a broader US-Iran peace agreement

Opec+ set for fourth increase in oil output targets since Hormuz closure

Seven core members of Opec+, which groups Opec and allied producers including Russia, have increased their output quotas from April to June by almost 600,000 barrels per day

OpenAI plans ChatGPT 'superapp' overhaul ahead of listing: Report

The changes are part of a broader reorganisation at OpenAI, as it shifts resources to target lucrative enterprise clients and intensify competition with rival Anthropic

Next-gen obesity drug curbs sleep apnea, aids weight loss: Eli Lilly

In a Phase 3 trial, Lilly found a weekly injection of retatrutide reduced moderate-to-severe obstructive sleep apnea severity by 60.6 per cent in adults with obesity

Dexcom's glucose monitor use benefits non-insulin diabetic patients: Study

Participants using the Dexcom G7 saw an average 1.6% reduction in their blood sugar levels at 26 weeks, a 0.9% greater reduction than those who used self-monitoring

US likely to use Iranian assets to help Gulf allies recover from war

US Treasury Secretary Scott Bessent has also directed a team to assess costs for damage already inflicted on Gulf allies by Iran

Demand, fares may support H2 cash flow despite fuel shock: Alaska Air

Chief Financial Officer Shane Tackett said fuel markets had become less volatile in recent weeks, but prices were still moving by about 5% over a couple of days

US hits Iranian radar sites after drones target shipping near Hormuz

Iran fired ​seven ballistic ​missiles toward Kuwait and Bahrain ​hours after Centcom shot down four Iranian one-way attack drones that were launched toward ​the Strait of Hormuz

US energy firms benefit from Strait of Hormuz closure: Rosneft CEO Sechin

Iran blockaded ‌the Strait, the main route for about a ​fifth of world oil supplies and other ​vital goods including fertilisers, after the United States and Israel attacked Iran in February

US military downs four Iranian drones launched toward Strait of Hormuz

US Central Command said it hit the radar sites, including an island in the strait, 'to defend against further attacks'

Nasdaq drops 4.2% as rate hike fears, West Asia conflict hit stocks

On Wall Street, all three indexes ended lower, led by a selloff in technology shares, including AI chipmaker Nvidia

Netflix names longtime director Jay Hoag chairman after Reed Hastings' exit

The streaming ​platform announced the move in an SEC filing on Friday, saying Hoag assumed the role following its annual shareholders meeting on June 4