Page 25 - Reuters

Asian shares jump, oil prices fall as Iran-US peace deal boosts sentiment

Markets had already priced in a likely deal but the confirmation was enough to send Brent crude falling 4 per cent to $83.80 a barrel, well away from its May peak of $126.41

Oil prices fall over 4% after US, Iran reach peace deal, reopen Hormuz

Brent crude futures ‌fell $3.51, ​or 4.02 per cent, ‌to $83.82 by 2203 GMT ‌and US ‌West Texas Intermediate ​was ​at $80.95 a barrel, down $3.93, or ‌4.63 per cent

With smooth SpaceX debut, Wall Street sets new template for mega IPOs

SpaceX's record-breaking Nasdaq debut proceeded smoothly, easing concerns over market infrastructure ahead of expected IPOs from OpenAI and Anthropic

Iran says draft US deal includes oil sanctions waiver, nuclear limits

A draft Iran-US memorandum reportedly outlines sanctions relief, reopening of the Strait of Hormuz and negotiations on Tehran's nuclear programme

How record gold prices are throwing vintage luxury watches into furnace

When metal value beats resale price, older Omega and TAG Heuer models become worth more as scrap than as timepieces

Ukraine drone strikes kills one, sparks fire at Russian port of Temryuk

Ukraine continues to pummel Russia's energy infrastructure as peace talks to resolve the ​Ukraine war have stalled

Amazon likely voiced concerns about Anthropic AI models before US crackdown

In a blog post, Anthropic said the US government told the company it believes there is a method of bypassing, or "jailbreaking," a safeguard against using the model to find cybersecurity holes

Starmer tells Nato chief UK will publish defence plan before July summit

In a call ​earlier on Saturday, Starmer and Rutte agreed allies must ​strengthen collective defence and deliver more quickly in response to shared and evolving threats

What's in a name? SpaceX IPO sparks rethink of tech-stock grouping monikers

The IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon Musk's other company, Tesla , and Meta Platforms

China issues new rules for financial services data in cybersecurity push

Cybersecurity regulator says sector data will be classified into four levels based on importance, sensitivity and potential harm from leaks

Tata's iPhone parts factory contaminated farmland water: Pollution board

India's Tata Electronics is central to Apple's push to ​diversify iPhone production beyond China and is the second-biggest supplier to Apple in South Asia after Taiwan's Foxconn

China condemns US move to blacklist major tech firms over military links

The list includes a broad swathe of China's top technology firms key to advancing Beijing's military and industrial prowess, reflecting Washington's security concerns

UAE to unlock billions for Iran as war de-escalation talks advance

In the past month, the UAE, which was heavily targeted by Iran at the height of the war, has been spared fresh strikes, while Iran has trained its missiles and drones on Kuwait and Bahrain

Anthropic halts foreign access to advanced AI models on US govt's directive

The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance; access to all other Anthropic models will not be affected, Anthropic said

Meta made 'mistakes' in AI workforce shift, says CEO Mark Zuckerberg

Zuckerberg is pumping hundreds of billions of dollars into AI as he seeks to reshape his company's inner workings around technology, reflecting a broader pattern ‌among major US companies this year

US Justice Department approves Paramount's acquisition of Warner Bros.

DOJ said it reviewed more than 2 million documents obtained from 80 sources in evaluating the deal's impact on various segments of the entertainment industry

SpaceX surges past $2 trillion in Nasdaq debut, closes in on Amazon

The launch was smoother than many observers expected, with trading kicking off late on Friday morning without the hiccups that had marred Facebook's debut in 2012

US and Iran signal peace deal near despite differences over terms

The United States and Iran signalled that an agreement to end their conflict was nearing completion, while Pakistan said a final peace text had been agreed

SpaceX blows past $2 trillion valuation as stock jumps 20% after record IPO

Shares will likely not trade until the middle of the trading day, as the exchange collects buy and sell orders and underwriters delay trading until supply and demand is balanced

US army helping move 50% of pre-war oil volume via Hormuz: US Energy Secy

About 7 million barrels of oil a day are leaving the Persian Gulf with U.S. support, Energy Secretary Chris Wright said