French President Emmanuel Macron has announced that the G7 summit in France will discuss the long-term reopening of the Strait of Hormuz as part of the US-Iran deal, set for signing later this week. "The aim will be to see the consequences of this agreement, support for Lebanon, the lasting reopening of Hormuz and of course the concluding of an accord on nuclear and ballistic activities in Iran,"
A section of graduates at Stanford University staged a walkout during Google CEO Sundar Pichai's keynote address, protesting over the technology giant's reported contracts with Israeli government. Pichai, who is an alma mater of Stanford University, returned to the institution Sunday to deliver keynote address at the commencement ceremony for the class of 2026. The walk out, staged by a group o
Early signs from the U.S. Futures Index suggest that Wall Street might surge on Monday as there Iran and US are closer to a deal to end war. However, there are no official confirmation on the terms. Donald Trump said that the Strait of Hormuz will be reopened and the US naval blockade of Iran will...
European giants Germany and Sweden recorded big wins in a free-scoring fourth day of action at the FIFA World Cup 2026 as 19 goals flew in venues across the United States. Germany trounced tiny Caribbean island country of Curacao by 7-1 in a Group E match at Houston Stadium Sunday. After Felix Nmecha had fired Germany in front early on, the Concacaf debutants drew level through Livano Comenecia
Cloud-based software company Salesforce, Inc. (CRM) announced Monday it has signed a definitive agreement to acquire Fin, formerly Intercom, an industry-leading customer agent company, for approximately $3.6 billion, subject to customary purchase price adjustments. Fin's core offering, its AI Agent,...
Meridian Energy Limited (MEZ.AX) reported higher retail sales volumes in May 2026, supported by growth across all customer segments. Retail sales volumes increased 7.8% from May 2025. Residential sales rose 20.4%, while sales to small and medium businesses increased 6.7%, large businesses 8.3%, agriculture...
M.P. Evans Group PLC (MPE.L), a producer of palm oil, on Friday said crude palm oil production for the five months ended May 31, 2026, rose 8% to 157,600 tonnes, with 82% of output certified as sustainable. Total crop harvested in group-managed areas increased 10% to 575,100 tonnes The average...
A report released by the Federal Reserve on Monday showed a modest increase in industrial production in the U.S. in the month of May. The Fed said industrial production crept up by 0.1 percent in May after climbing by an upwardly revised 0.9 percent in April. Economists had expected industrial production to rise by 0.2 percent.
After posting strong growth last month, New York manufacturing activity increased modestly in the month of June, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed said its general business conditions index plunged to 5.7 in June after jumping to 19.6 in May, although a positive reading still indicates growth.
UK house prices posted their worst June performance in 14 years as competition to attract buyers remained fierce among sellers, the property website Rightmove said Monday. Average property prices declined 0.6 percent from May, which was the biggest June fall in fourteen years. This followed a 1.2 percent rise in May. On a yearly basis, house prices dropped 0.5 percent.
The U.S. Supreme Court has denied the state of Alabama's appeal to execute death row inmate Jeffery Lee by nitrogen hypoxia. The Supreme Court issued an order Thursday refusing to overturn a federal court's ruling that nitrogen suffocation is unconstitutional, which means the convicted murderer's execution will be delayed. The State of Alabama appealed the ruling by two lower courts previously
The Indian government has summoned the deputy head of the U.S. mission in capital New Delhi in protest against the fatal U.S. attack on an Iran-linked oil tanker in the Gulf of Oman earlier this week. Indian media reported that Nagaraj Naidu, Additional Secretary in India's Foreign Ministry, summoned U.S. Charg d'Affaires Jason Meeks on Wednesday, a day after the Palau-flagged MT Settebello came
Stocks are likely to move to the upside in early trading on Monday, extending the strong upward move seen over the two previous sessions. The major index futures are currently pointing to a sharply higher open for the markets, with the S&P 500 futures up by 1.2 percent. The upward momentum on Wall...
European stocks traded higher on Monday, extending gains from the previous session after U.S. President Donald Trump and Iranian leaders said a deal has been agreed to end more than 100 days of war. World leaders welcomed the emerging agreement and urged its swift implementation. In remarks delivered...
Asian stocks surged on Monday after U.S. President Donald Trump announced a tentative peace deal with Iran, helping ease investor concerns about inflationary pressures and lessening the need for interest-rate hikes. A signing ceremony is set for Friday in Switzerland following weeks of mixed messaging...
Shares of IQE plc (IQE.L) jumped 24% after the company announced a multi-year Indium Phosphide (InP) epiwafer supply agreement with Tower Semiconductor (TSEM) to support next-generation optical connectivity solutions for AI-driven data center infrastructure. The stock is currently trading at 57.55...
The major U.S. index futures are currently pointing to a sharply higher open on Monday, with stocks likely to extend the strong upward move seen over the two previous sessions. The upward momentum on Wall Street comes following news the U.S. and Iran have reached an agreement to end more than three...
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.
Crypto markets extended gains as the interim peace deal between the U.S. and Iran eased global risk aversion, triggered short squeeze and boosted overall market sentiment.
President Donald Trump has signed a proclamation to restore commercial fishing access to nearly half a million square miles in the Pacific. The proclamation restores commercial fishing access to the Mau and Ho'omalu Zones of the Papahanaumokuakea Marine National Monument, the Islands Unit of the Mariana Trench Marine National Monument, and the Rose Atoll Marine National Monument. Prohibiting co
June's FDA calendar offers plenty for investors to keep a close eye on. Among the key names are Spero Therapeutics, awaiting an FDA decision on its antibiotic for complicated urinary tract infections; Kiniksa Pharma, seeking approval for a technology transfer of the manufacturing process for Arcalyst drug substance; and Merck, pursuing the first FDA approval for its WELIREG - KEYTRUDA combination.
The euro area trade balance shifted to a deficit in April due to the surge in imports, according to official data released Monday. The trade balance showed a shortfall of EUR 1.0 billion compared to a surplus of EUR 4.9 billion in March. In the same period last year, the trade surplus totalled EUR 8.7 billion.
Eurozone industrial production logged a marginal expansion in April, with consumer and intermediate goods offsetting declines in capital and energy sectors, official data showed Monday. Industrial output rose 0.1 percent from March, when production advanced 0.4 percent, Eurostat reported. Output was expected to climb 0.2 percent. Nonetheless, this was the third consecutive rise in production.
Industrial production and foreign trade from the euro area and wholesale prices from Germany are due on Monday. At 2.00 am ET, Destatis is slated to issue Germany's wholesale prices for May. Wholesale prices are forecast to grow 0.8 percent on a monthly basis, following a 2.0 percent rise in April.
With consumers experiencing some relief due to the early-month easing in gasoline prices, the University of Michigan released a report on Friday showing a bigger than expected rebound in U.S. consumer sentiment in the month of June. The University of Michigan said its consumer sentiment index jumped to 48.9 in June after slumping to 44.8 in May. Economists had expected the index to rise to 46.0.
Many women exercise to lose weight, tone their bodies, or feel fitter. But recent research suggests that the true potential of weight resistance training may be far more valuable: a longer, healthier life. Notably, a study published in JAMA Network Open suggests that greater muscle strength is associated...
A child's family income and the neighborhood they grow up in may play a much bigger role in brain development than previously believed, according to a new study published in Science. Researchers at Washington University in the United States analyzed brain scans from nearly 12,000 children aged 9 to...
A new Canadian study has found that social anxiety disorder (SAD) affects nearly one in seven adults, making it one of the country's most common mental health conditions. The findings, published in Psychiatry Research, showed that the number of people experiencing social anxiety has increased by 71%...
A new review suggests that music therapy may offer meaningful benefits for people living with neurological, psychiatric, and chronic health conditions, but its wider adoption in clinical practice continues to be limited by workforce shortages, inconsistent standards, and gaps in research.
Reddit has introduced a new feature that lets users post videos right in the comment sections, opening up even more ways for everyone to join in on discussions throughout the platform.
Sam Bankman-Fried, the former head of FTX, just hit a big legal roadblock. A federal appeals court decided to uphold his fraud conviction, keeping his 25-year prison sentence for his part in the collapse of the cryptocurrency exchange.
The world is preparing for the much awaited news of Space Exploration Technologies Corp. or SpaceX, tech visionary Elon Musk's brain child, starting trading on the U.S. Market for the first time. The initial public offering or IPO, which is deemed to be the largest stock market debut in history, is making Musk world's first trillionaire.
Shares of Adobe Inc. were losing around 4 percent in the pre-market activity on Nasdaq on Friday after the tech major announced that Dan Durn, its executive vice president and CFO, is departing on June 15 to join a new firm. Meanwhile, the company reported higher second-quarter results, issued third -quarter outlook, and upgraded fiscal 2026 outlook for adjusted earnings and revenues reflecting...