Author: Editor-In-Chief
Over the past week, the conflict between the United States and Iran has gone from a state of smoldering retaliation to something more akin to all-out war. US President Donald Trump last week threatened to escalate the war if Iran did not stop attacking ships passing through the Strait of Hormuz. In recent days, the United States has expanded its targeting beyond Iranian coastal areas where radar and drone facilities are located, as well as roads, tunnels, railways, port infrastructure and, according to Iranian media, desalination plants. Meanwhile, Iran has expanded its target list to seven countries in the region,…
Five platforms are seen over the Johan Sverdrup oil field in the North Sea, about 140 kilometers west of the Norwegian town of Stavanger, on December 3, 2019, in an aerial photo taken from a helicopter during a media visit. (Photo by Tom LITTLE/AFP) (Photo by TOM LITTLE/AFP, Getty Images)Tom Little | AFP | Getty ImagesOil prices rose on Monday as the U.S.-Iran conflict raised concerns about disruption to energy shipments through the Strait of Hormuz following renewed U.S. attacks and U.S. military casualties.international benchmark brent crude oil Prices for September delivery rose about 2.54% to over $90 per barrel.…
Encryption Edge Computing Data LakeJust Super | E+ | Getty Imageschina stocks johnji innorite Shares soared as much as 8% on Monday after the company received approval on Friday for a major Hong Kong listing worth up to $8 billion, likely the city’s biggest listing in years.The Chinese optical transceiver company has begun gauging interest from investors, and details such as size and timing could change as deliberations progress, Bloomberg reported, citing people familiar with the deal. The deal size surpasses Luxshare Precision’s $3.1 billion IPO earlier this month, making it the largest listing in Hong Kong this year. Innorite…
RAMALLAH, West Bank (AP) — Picture this: A customer at a gas station takes out a wad of cash to pay for a refueling. The cashier refused the cash and explained that the bank at the station was already overflowing with cash and had stopped accepting banknotes and coins for deposit. Cash is important in most places. But under Israeli occupation west bankIf you have too much, the structure of your daily life will be disrupted. There are more Israeli shekels in the Palestinian banking system than it can manage. As a result, it has become difficult for residents to…
“You can’t hide from drone attacks,” Elsadig said. For the 27-year-old, it’s a horrifying reality of life in Sudan’s besieged city of El Obeid, where even the simplest daily routines come with the threat of sudden death. For much of Sudan’s civil war, which began more than three years ago, civilians feared fighting on the ground. In El Obeid, a strategic hub for trade and aid and home to more than 500,000 people, many now fear what will come from the sky. In late June, Elsadig had his left leg amputated when he was struck by a drone while sitting…
EAST RUTHERFORD, NJ – JULY 19: Spain fans celebrate the team’s first goal by No. 7 Ferran Torres during the 2026 FIFA World Cup Final between Spain and Argentina at New York-New Jersey Stadium on July 19, 2026 in East Rutherford, New Jersey. (Photo credit: Ezra Shaw – FIFA/FIFA via Getty Images)Ezra Shaw – FIFA | FIFA | Getty ImagesHello, my name is Hui Jie from Singapore. Welcome to another edition of CNBC’s Daily Open.The World Cup final was a big event. Here in Singapore, many people watched from early morning as Spain overwhelmed Argentina and broke the deadlock in…
Photo illustration of a group of weight loss pills on a white background.UCG | Universal Images Group | Getty ImagesSouth Korea’s Samsung Biologics announced on Monday that it has made an all-cash bid of 1.46 billion Swiss francs ($1.8 billion) for Swiss Polypeptide Group, which specializes in peptide-based drug substances. Under the terms of the tender offer, shareholders will receive CHF 44.31 per share. The transaction is expected to close by the end of this year. According to Samsung Biologics, this acquisition is the largest biopharmaceutical M&A transaction in domestic history.The company said it aims to diversify its portfolio by…
Arleigh Burke-class guided-missile destroyer USS Frank E. Petersen Jr. (DDG 121) sails behind the Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) on June 27, 2026. Frank E. Petersen Jr. is deployed to the U.S. 5th Fleet area of operations in support of maritime security and stability in the Middle East.Provided by: U.S. NavyThe U.S. military launched a ninth consecutive night of strikes against Iran on Sunday, extending an operation aimed at destroying Iran’s ability to attack commercial shipping in the Strait of Hormuz. “Centcom launched a new attack against Iran for the ninth consecutive night starting today at 7pm…
Traders work on the floor of the New York Stock Exchange during morning trading on July 17, 2026 in New York City. Michael M. Santiago | Getty ImagesStock futures were relatively unchanged on Sunday after the three major stock averages fell for the week.S&P500 futures Although it fell by 0.1%, Nasdaq 100 futures It traded near the flatline. Futures linked to the Dow Jones Industrial Average It was 84 points (0.2%) lower.Pressure on semiconductor stocks weighed on sentiment last week, with the three major U.S. indexes closing in the red. The S&P 500 fell 1.6%, the Nasdaq Composite fell 2.9%…
Spain’s Ferran Torres celebrates after scoring his team’s first goal of the match during the 2026 FIFA World Cup Final at New York-New Jersey Stadium. Photo date: Sunday, July 19, 2026. Nick Potts | Pa Images | Getty ImagesFerran Torres’ first goal at this year’s World Cup was his lifelong goal, returning Spain to the top of the football world.Torres came off the bench to score in the 106th minute, denying Lionel Messi a second consecutive World Cup title in what he suggested would be his last World Cup match, ending Argentina’s reign with a 1-0 win on Sunday in…