Economy

Oil prices rise after Trump says Iranian ship seized

Global oil prices have jumped after US President Donald Trump said its navy had intercepted and seized an Iran-flagged cargo…

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Apple names insider John Ternus as CEO, Cook to become executive chairman

Apple on Monday named insider John Ternus as its next CEO, tasking the long-time hardware chief to steer the company…

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Strait of Hormuz closed again, Iran says, as ships attacked

Iran says it is closing the Strait of Hormuz again to commercial vessels and that any ship that approaches it…

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Europe has ‘maybe six weeks of jet fuel left’, energy boss warns

Europe has “maybe six weeks of jet fuel left”, the head of the International Energy Agency (IEA) has warned. Stocks…

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Zuckerberg creates AI version of himself, but why?

Meta is working on a new AI-powered project to develop a digital version of CEO Mark Zuckerberg. The aim is…

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Price hikes, outlook cuts – What airlines are doing as fuel costs surge

A surge in jet fuel prices driven by the US-Israeli war on Iran has upended the global aviation industry, forcing…

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Ukraine’s Zaporizhzhia nuclear power plant temporarily loses all off-site power, IAEA says

International Atomic Energy Agency (IAEA) said that Ukraine’s Zaporizhzhia nuclear power plant temporarily lost all off-site power around for around…

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EV maker Lucid names Silvio Napoli as CEO

Lucid on Tuesday named Silvio Napoli as the company’s next chief executive officer, as it looks to ramp up production…

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IMF, Lebanon hold talks on up to $1 billion in rapid financing

The International Monetary Fund and Lebanon are discussing options for providing fast-track assistance to help the country absorb the impact…

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US Treasury says not renewing temporary Iran oil sanction easing

The US Treasury Department said Tuesday it does not plan to renew a temporary easing of sanctions on Iranian oil…

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