Hundreds of economists say 'we must act now' on AI’s economic impact
Pages from the Anthropic website and the company’s logo are displayed on a computer screen in New York, Feb. 26, 2026. (AP Photo/Patrick Sison, File)
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Newest first · UTC+11:00Roaming charges scrapped and faster airport checks in UK-Switzerland deal
The UK has signed a new trade deal with Switzerland that will allow British travellers faster passage through airports by using e-gates for the first time.
· Bbcnews
Iraqi PM heads to US seeking balance between security and economy
Iraqi Prime Minister Ali al-Zaidi is travelling to the United States for talks with President Donald Trump, in what will be his first foreign trip since taking office in May.
· Waleed Ibrahim
Strategy Adds $467 Million In Cash, No Bitcoin As StanChart Warns Saylor Needs Clarity In Pivot Message To Convince Investors
Strategy, the largest corporate holder of Bitcoin, raised fresh capital by selling MSTR shares through its at-the-market (ATM) offering last week while leaving its BTC treasury unchanged.
· Tyler Durden
One giant leap for the state: how China’s aerospace vision differs from Elon Musk’s
Friday’s retrieval of a rocket booster made China the second nation to master the precision recovery of an orbital-class rocket component
· Frank Chen
One giant leap for the state: how China’s aerospace vision differs from Elon Musk’s
Friday’s retrieval of a rocket booster made China the second nation to master the precision recovery of an orbital-class rocket component
· Frank Chen
Strait of Hormuz shipping traffic falls to two-month low as US-Iran strikes raise safety fears | The National
The number of tankers moving through the Strait of Hormuz has dropped to its lowest level in two months, shipping data showed on Monday, as renewed strikes between the US and Iran and attacks on vessels raise safety concerns.
· Reuters
Europe Buys Record Amount of LNG From Russia’s Largest Producer – FT
The European Union imported a record 9.89 million metric tons of liquefied natural gas (LNG) from Russia’s largest production plant during the first six months of the year, the Financial Times reported Monday.
· The Moscow Times
Regulators issue guidance on lending risk by borrowers in US illegally
President Donald Trump arrives to speak at a lunch in the White House Rose Garden, Monday, July 6, 2026, in Washington. (AP Photo/Julia Demaree Nikhinson)
· Fatima Hussein
SpaceX stock sinks for a second-straight day, nearing $135 IPO price
Shares of SpaceX slipped for a second trading day on Monday, bringing Elon Musk's company closer to its $135 initial public offering price just days after making its entrance into the Nasdaq-100.
· CJ Haddad
Oil prices rise following the latest fighting in the Middle East, as AI stocks sink
NEW YORK — Oil prices are climbing Monday following a weekend of attacks in the Middle East, while more losses for computer chipmakers and other winners of the artificial-intelligence boom weigh on stock markets.
· Associated Press
What is the EU’s plan to cut trade with illegal Israeli settlements?
European Union foreign ministers met in Brussels on Monday to discuss whether there is enough support for new measures to curb trade with Israeli settlements in the occupied West Bank.
· Al Jazeera
JP Morgan boss pressed by US senator about contact with Jeffrey Epstein
Elizabeth Warren asks Jamie Dimon if he was advised to ‘mildly threaten’ UK chancellor over tax on bankers’ bonuses
· Simongoodley
Israel, Paybox launch Jerusalem's first municipal wallet in push to digitalize taxes, payments
Israel’s first municipal digital wallet was approved in Jerusalem and Tel Aviv-Yafo, offering residents a single platform to manage education payments, municipal property taxes and other local services, the Federation of Local Authorities in Israel announced on Monday.
· ZOE WIRGIN
Celebrity birthdays for the week of July 19-25
Actor Benedict Cumberbatch attends a landmark Business Forum for The Royal Foundation’s United for Wildlife in London, Monday, June 22, 2026.(AP Photo/Kirsty Wigglesworth, Pool)
· The Associated Press
Dubai-based port operator plans to build UAE passageway to bypass Hormuz
DP World is planning to construct a new port and a container terminal on the United Arab Emirates’ east coast to bypass the Strait of Hormuz after Iran announced it would be closing the waterway again, the Financial Times has reported on Monday.
· Middleeasteye
UK caves to pharma demands in Swiss trade deal — despite NHS cost fears
LONDON — The U.K. has agreed to lock in controversial intellectual property protections for pharmaceutical firms as part of a new trade deal with Switzerland.
· Sophie Inge, Caroline Hug
UK strikes landmark trade deal with Switzerland for crucial services sector
The U.K. and Switzerland announced a services free trade agreement on Monday, in a deal that is expected to lend a multi-billion-dollar boost to British exports and ease travel between the two nations.
· Joseph Wilkins
EU sanctions nine people over alleged Russian cyber-spying campaign
The European Union has imposed sanctions on Russian military officers, hackers and private companies, denouncing what it called a years-long cyber-espionage campaign against the bloc.
· Al Jazeera
US and Iran trade attacks as Strait of Hormuz dispute deepens
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· Jee Geronimo
VW chief confirms plan to cut 50,000 jobs as board rejects plant closures
Oliver Blume tells staff restructuring proposal includes ‘controversial decisions’ but he has broad support
· Lisaocarroll
The American Shahed: US attacks Iran with 'one-way' drones for first time | The National
The US has used "one-way" attack drones against Iran for the first time, the military's Central Command has announced, as the two countries continue to trade blows despite a supposed regional ceasefire.
· Jamie Prentis
Authorities slam online claims about Wang Fuk Court acquisition company
Housing Bureau says ‘individuals with ulterior motives’ may be trying to confuse the public by claiming company is an ‘empty shell’
· Wynna Wong
Masdar secures funding for $6.1bn 'round-the-clock' clean energy project | The National
Abu Dhabi clean energy company Masdar has reached the financial close for its $6.1 billion "world's first" 24/7 renewable energy facility, as it continues to boost its renewables portfolio.
· Aarti Nagraj
Futures Slide, Oil Surges As Iran War Returns, Chip Stocks Tumble As Korea, SK Hynix Crash
US equity futures are lower on a combination of US/Iran escalation (which is feeding inflationary concerns) and a violent crash in South Korean stocks (which saw SK Hynix plunge by 15% overnight, the most on record, and unironically follows its record ADR launch in the US), which has put Semis and tech under renewed…
· Tyler Durden
Shanghai port secures 2nd place in global ranking, overtaking London
A core focus for the port, the busiest in the world and China’s shipbuilding centre, is to become a premier international shipping hub
· Alice Li
Shanghai port secures 2nd place in global ranking, overtaking London
A core focus for the port, the busiest in the world and China’s shipbuilding centre, is to become a premier international shipping hub
· Alice Li
UK maritime body reports warning shots fired at tanker
A tanker has reported warning shots were fired near to it after being approached by six small boats 50 miles south of Yemen’s Aden, according to the United Kingdom Maritime Trade Operations.
· Middleeasteye
AI Winners Unwind Sparks Panic In South Korea As SK Hynix Suffers Record Plunge, KOSPI Dumps
SK Hynix shares suffered their steepest decline on record in Seoul following Friday's blockbuster ADR debut in New York. The sell-off spread across South Korea's memory and data storage stocks, helping to drive the benchmark KOSPI down as much as 9% and triggering a 20-minute market-wide trading halt.
· Tyler Durden
Hongkongers spend record HK$2,000 per month on cats as ‘silver’ feline market grows
Hong Kong Cat Expo organiser says growing proportion of ageing felines will drive future market growth as owners seek better care for pets
· Kate Chan
Hongkongers spend record HK$2,000 per month on cats as ‘silver’ feline market grows
Hong Kong Cat Expo organiser says growing proportion of ageing felines will drive future market growth as owners seek better care for pets
· Kate Chan
Futu expects mainland brokerage business to shrink but vows to keep Hong Kong outlets
The company says it sees the CSRC’s crackdown as a ‘industry-wide issue’ rather than a penalty targeting Futu alone
· Zoe SL Chan
Futu expects mainland brokerage business to shrink but vows to keep Hong Kong outlets
The company says it sees the CSRC’s crackdown as a ‘industry-wide issue’ rather than a penalty targeting Futu alone
· Zoe SL Chan
U.S., Iran trade claims over Strait of Hormuz as tensions escalate
Tensions between the United States and Iran are rising over control of the strategically vital Strait of Hormuz, following a weekend of military exchanges that have heightened fears of a wider regional conflict.
· AfricaNews
First Energy Africa Appoints Industry Veterans as African Energy Sector Adapts to Funding Shift
Calgary-based First Energy Africa Oil Corp. has appointed capital markets veteran Simon Akit and veteran energy analyst Frederick Kozak to its Board of Directors, strengthening its leadership as Africa's energy sector navigates a rapidly changing investment landscape. The appointments come at a time when oil and gas…
· AfricaNews
EU commission announces $1bn ‘Team Gaza Initiative’ aid
The European Union commission announced the launching of “Team Gaza Initiative” at the Palestine Donor Group meeting in Brussels on Monday, which aims to bring together €883.6 million ($1bn) in financial contributions to support early recovery projects for the strip in line with the 2025 Gaza Peace Plan.
· Middleeasteye
India's inflation accelerates to 4.38% in June, exceeding forecasts
India's consumer price inflation rose to 4.38% in June, up from 3.93% in May as the U.S.-Iran war and a weak monsoon raised food and fuel prices, adding to cost pressures.
· Priyanka Salve
Hyundai Motor begins three-day strike after wage talks fail
SEOUL — Hyundai Motor's labor union began a three-day partial walkout on Monday after long-running wage negotiations with management broke down.
· Agence France-Presse
EU countries consider sanctions on trade from illegal Israeli settlements
The European Union’s foreign ministers are meeting in Brussels to discuss imposing sanctions on Israeli settlements in the occupied West Bank.
· Al Jazeera
China’s graduate glut: millions of young people enter a job market with little use for them
Record numbers find there is little demand for their skills, as entry-level tech roles are hit by AI and automation
· Alastair Mccready
Massive AI buildout poses the latest inflation threat for consumers and the Fed
A shopper looks over Apple MacBook laptops on display in a Costco warehouse on June 2, 2026, in Sheridan, Colo. (AP Photo/David Zalubowski, File)
· Christopher Rugaber
China’s drug industry pivots to AI-powered candidates to drive next wave of deals
China develops 30 per cent of new therapies worldwide as it rises to the top tier in innovation efficiency, drug supervision official says
· Julie Zhang
China’s drug industry pivots to AI-powered candidates to drive next wave of deals
China develops 30 per cent of new therapies worldwide as it rises to the top tier in innovation efficiency, drug supervision official says
· Julie Zhang
Pangandaman’s appointment to Al-Amanah Bank not clearance in flood control probe — Palace
MANILA, Philippines — Malacañang on Monday clarified that President Ferdinand Marcos Jr.'s appointment of former Budget secretary Amenah Pangandaman as chairman and chief executive officer of the state-run Al-Amanah Islamic Investment Bank does not clear her of any potential liability in the ongoing investigation of…
· The Manila Times
How China is ripping off cutting-edge AI from Anthropic, OpenAI — and threatening US national security
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· Thomas Barrabi
Belgium slams EU Commission for inaction against illegal Israeli settlements
Belgium’s foreign minister accused the European Commission on Monday of taking “insufficient” action against trade with illegal Israeli settlements as a push to clamp down divides EU countries.
· Nicholas Vinocur
EU sanctions Russian cyber spies for years-long hacking
BRUSSELS — The European Union on Monday blacklisted members of a Russian intelligence group it said were responsible for spying on and hacking targets across the EU and Ukraine from as early as 2010.
· Émile Marzolf, Antoaneta Roussi, Jonas Loesel, Sam Clark
Atlassian employee who ribbed Mike Cannon-Brookes’ basketball team ownership wins unfair dismissal case
As tech employees have become more outspoken at work over the past decade, companies have often fired or disciplined those who they say have gone too far. It has been rare for workers to find legal recourse.
· Noam Scheiber
Wrong power bill? ERC clarifies there is no blanket ‘pay first’ rule
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· lkyu0285
Palace clarifies Pangandaman's new role despite links to flood control scam
MANILA, Philippines — Malacañang on Monday clarified that President Ferdinand Marcos Jr.'s appointment of former Budget secretary Amenah Pangandaman as chairman and chief executive officer of the state-run Al-Amanah Islamic Investment Bank did not clear her of any potential liability in the ongoing investigation int…
· Kristina Maralit