Author: Editor-In-Chief

An oil tanker and cargo ship remain anchored off the coast of Port Sultan Qaboos in Muscat, Oman, on June 21, 2026. Elke Scoliers | Getty ImagesOil prices rose on Friday as investors weighed rising tensions between the United States and Iran after the Iranian government vowed to target infrastructure in the region if President Donald Trump follows through on his threat to attack key facilities in the country. Brent crude oil futures (for September delivery), the international benchmark, rose 0.7% to trade at $84.79 per barrel, unchanged from early trading. Meanwhile, U.S. West Texas Intermediate futures for August delivery…

Five weeks after the start of the biggest soccer tournament in history, the day billions of people around the world have been waiting for is fast approaching: the FIFA World Cup Final.European champions Spain will face defending World Cup champions Argentina in a historic title showdown.Recommended stories list of 3 itemsend of listFor Spain, it is the final stage of their bid to win their second world title, 16 years after their first victory, while Argentina are chasing history as they seek to become the third country to win the World Cup in two consecutive years.Here are the top 10…

Latest information on Spanish Oswaderiz Nunez remembers getting into an argument with her son, Daniel, who decided to get a tattoo when he was 24. Nearly four years later, the tattoo helped identify Daniel’s body after he died in the twin earthquakes that devastated Venezuela last month. Daniel had returned to Venezuela on the day of the disaster after being deported from the United States. From La Guaira, he called his mother from the phone of a Venezuelan intelligence agency (SEBIN) official and informed her that he was in the country. “He said to me, ‘No, mom, we are with…

SBI Funds Management Co., Ltd. signboard at a press conference on Thursday, July 9, 2026 in Mumbai, India. Bloomberg | Bloomberg | Getty ImagesIndia’s biggest public market offering this year, SBI Fund Management, attracted bids worth 2.97 trillion rupees ($30.7 billion), highlighting the liquidity in the market ahead of a much larger issuance expected in 2026.SBI Fund Management is state bank of india Europe’s Amundi Group had entered the market aiming to raise 97.9 billion rupees ($1 billion). The IPO was oversubscribed 41.6 times due to enthusiastic response from institutional investors.The qualified institutional investor portion received 140 applications, with most…

Chinese startup Moonshot AI has announced a new model that closes the gap with the American flagship and outperforms OpenAI and Anthropic’s most capable systems on some benchmarks.The company announced Friday that in overall performance, the Kimi K3 still lags behind Anthropic’s Claude Fable 5 and OpenAI’s GPT 5.6 Sol, but consistently outperforms other models tested. According to Moonshot, the model outperformed Claude Opus 4.8 and GPT 5.5, models that rank just behind state-of-the-art systems from Anthropic and OpenAI, on benchmarks that include coding and general agents. This is China’s largest AI model to date, with 2.8 trillion parameters representing…

A huge banner depicting the iconic statues of Iran’s late and current Supreme Leaders Ayatollah Ali Khamenei and Mojtaba Khamenei is hung on a main street in Tehran, Iran, on July 16, 2026, as tensions continue between Iran and the United States.Null Photo | Null Photo | Getty ImagesIran claimed on Friday that the United States has expanded its attacks in the region, targeting U.S. forces in Syria and Bahrain as it completes a sixth straight night of offensives against the Islamic Republic.The escalation in hostilities comes as the fragile cease-fire agreement signed last month between the United States and…

Surrounded by the city of Jaén and its surrounding olive groves and trees, Jaén is known as the olive oil capital, producing around 25% of the world’s supply and more than half of Spain’s olive oil production.UCG | Universal Images Group | Getty ImagesSpain’s Deoleo, the world’s largest olive oil company, said a period of unprecedented instability has revealed more stable market conditions, which are unlikely to translate into increased U.S. sales.”The highly complex market cycle we experienced from 2022 to 2024, which had a profound and temporary impact on our industry, is now definitively over,” Deoleo CEO Cristóbal Valdez…

Iran said Friday it targeted U.S. facilities and partners across the Middle East in what appears to be its biggest retaliation since a fragile ceasefire collapsed nearly a week ago. US forces have been attacking Iran for the past six days (sometimes multiple times a day). Washington says the new attack targets commercial ships in the Strait of Hormuz in retaliation for Iran’s failure to uphold a memorandum of understanding that was supposed to establish a framework for lasting peace. That agreement is now in tatters. And the Iranian military, which the Trump administration has repeatedly claimed to have annihilated,…

U.S. President Donald Trump addresses the nation in the East Room of the White House on July 16, 2026 in Washington, DC. Saul Loeb | AFP | Getty ImagesHello, this is Leonie Kidd from London. Happy Friday! A volatile trading week is coming to an end with President Donald Trump dominating the headlines. The evening’s speech in Washington began with a bang, calling for television stations refusing to broadcast the speech to have their broadcast licenses revoked. Here are the details… What you need to know todayPresident Donald Trump accused China of widespread interference in the 2020 election in a…

Swedish defense company serve A surge in demand for military equipment led the fighter jet maker to another record backlog for the quarter, and second-quarter profits beat expectations.New orders were worth SEK 68.4 billion ($7.1 billion) in the quarter ended June, higher than FactSet’s estimate of SEK 57.1 billion, which includes 47 billion SEK for Polish submarine contracts. The total backlog amounted to 317.7 billion crowns, up from 197.6 billion crowns in the same period last year, marking the fifth consecutive quarter of increase in backlog.This comes as European governments increase defense spending and order more books from companies in…