Author: Editor-In-Chief
On April 29, 2026, employees of the Basra Oil Company work at the Nahal bin Umar oil and gas field on the outskirts of the southern Iraqi city of Basra.Hussein Fareh | AFP | Getty ImagesOil and gas giants benefited greatly from their trading desks throughout the first quarter, highlighting commercially sensitive and often overlooked sectors that tend to outperform during periods of market volatility.european oil supermajor total energy, shell and blood pressure All had strong trading results as they reported better-than-expected profits through the first three months of the year.The results followed a period of extreme volatility in oil…
The TikTok app logo can be seen in this photo illustration taken on November 18, 2024 in Warsaw, Poland. Null Photo | Null Photo | Getty ImagesAs governments around the world seek to protect children from the harms of social media, the European Union plans to crack down on social media companies and target the “addictive design” features of TikTok and Instagram. European Commission President Ursula von der Leyen said Tuesday at the European Summit on Artificial Intelligence and Children in Denmark that the region will take action against certain features on social media platforms by the end of the…
Jakub Porzycki | Null Photo | Getty ImagesThe largest labor group is calling on senators to oppose the Code of the Road virtual currency bill, which is scheduled for its first vote on Thursday. In letters and emails first seen by CNBC, the AFL-CIO, as well as the International Federation of Public Employees, the American Federation of Teachers, the National Education Association and the American Federation of State, County and Municipal Employees warned senators that the bill could jeopardize the retirement benefits of millions of workers. The union push comes ahead of the Senate Banking Committee’s vote on the virtual…
US President Donald Trump’s visit to China this week will be his seventh face-to-face meeting with Chinese President Xi Jinping.It will also be the first visit by a US leader to China since 2017.Recommended stories list of 4 itemsend of listThe three-day summit between President Trump and Xi, which begins on Wednesday, is expected to focus on issues such as the U.S. and Israel’s war against Iran, trade, and the status of Taiwan, among other issues.Here’s a summary of past talks between the leaders of the world’s two most powerful countries:April 2017, Palm Beach, USAThe two first met on April…
It’s quite difficult. Under Labor Party rules, a leadership election is triggered when a single candidate collects the signatures of one-fifth of Labor MPs. As of now, the number of signatures is 81. The candidate must be endorsed by at least 5% of the constituency political parties or at least three affiliated organizations (two of which must be trade unions). If a candidate meets these requirements, their name will appear on the leadership election ballot. Multiple challengers can participate in the vote if they meet the requirements. If current Labor leader Keir Starmer chooses to run, he will automatically be…
Max Verstappen’s race engineer Giampiero Lambiase is set to make a surprise move to McLaren by 2028, but there appears to be disagreement over his role.Red Bull announced last month that Lambiase would leave his role as head of race engineering and Verstappen’s engineer to join McLaren, saying he would become chief racing officer “by 2028 at the latest.” McLaren explained in its announcement that the role of chief racing officer already exists within the organization, and that the role is currently held by Andrea Stella in addition to his responsibilities as team principal. However, regarding Lambiase’s departure at the…
Prime Minister Keir Starmer releases a statement on October 2, 2025, in Downing Street, London, England, regarding the Manchester Synagogue attack.WPA Pool | Getty Images News | Getty ImagesHello, this is Katie Foley from London, where Downing Street is at the center of the conversation.British Prime Minister Keir Starmer will face a tense Cabinet meeting this morning. His premiership appears to be in jeopardy after a day of intrigue of the kind that British politics seems to have perfected in recent years.What you need to know todayBritish ministers, reportedly including Home Secretary Shabana Mahmoud, have told Keir Starmer to make…
The Oklahoma City Thunder defeated the Los Angeles Lakers, 115-110, for a 4-0 series victory in what could be LeBron James’ final professional basketball game in a thrilling playoff game.The NBA’s all-time leading scorer scored 24 points, but missed a crucial floater to lead his team with 20 seconds left, in what could be a painful denouement to his stellar playoff career. “Obviously, I don’t know what my future holds,” James said after the game. “Right now, we still have a lot of time tonight. Like I said after the loss to Minnesota last year, we’re going to settle down…
Chinese and U.S. flags fly near the Bund before a U.S. trade delegation meets with a Chinese trade delegation in Shanghai, China, July 30, 2019.Ally Song | ReutersBEIJING — The United States and China are rallying their East Asian ties ahead of a long-awaited presidential summit in Beijing later this week.Trade negotiators from the two countries are scheduled to meet in Seoul, South Korea, ahead of a meeting between U.S. President Donald Trump and Chinese President Xi Jinping scheduled for Thursday and Friday. The packed itinerary reflects the regional dynamics affecting U.S.-China relations, and the summit is being closely watched…
Tensions between the United States and Iran remain high, with President Trump saying the ceasefire is “on life support” while Tehran has warned it will respond to “any aggression.”Published May 12, 2026May 12, 2026Tensions between the United States and Iran remain high, with Iran warning it is ready to respond to “any aggression” after US President Donald Trump said the fragile ceasefire was on “massive life support.”President Trump on Monday rejected Iran’s latest response to his peace proposal, calling it “stupid.”Recommended stories list of 4 itemsend of listIranian Parliament Speaker Mohammad Berger Ghalibaf said Iranian forces were ready to retaliate…