Friday, August 21, 2026

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News - World

Pope Leo decries exploitation by world’s ‘authoritarians’ during Angola trip

The first U.S. pope, who has drawn the ire of President Donald Trump with his more outspoken comments, told worshippers at a Mass in...

Marvell shares gain on report of deal talks with Google to develop two AI chips

The potential deal could involve two distinct chips: a memory processing unit to complement Google's tensor processing unit and a new TPU built for...

Shipping traffic remains at virtual standstill through Hormuz, data shows

The oil products tanker Nero, which is under British sanctions for Russian oil activities, left the Gulf and was sailing through the Strait International News...

Oil prices rise 5% on fears of US-Iran ceasefire collapse

Brent crude futures advanced $4.19, or 4.6%, to $94.57 a barrel by 1027 GMT and U.S. West Texas Intermediate was up $4.60, or 5.5%,...

UK foreign minister Cooper cuts short diplomatic tour

Cooper's department is at the centre of a new crisis over Peter Mandelson's appointment as Britain's ambassador to the United States International News via Reuters: British...

UK consumer morale slides to lowest since mid-2023, surveys show

Inflation in Britain - already the highest among the Group of Seven advanced economies - looks set to rise further International News via Reuters: British consumer...

Ceasefire at risk after US seizes Iranian ship, Iran shuns peace talks

Iranian Foreign Ministry spokesman Esmaeil Baghaei said Washington has shown it was "not serious" about pursuing the diplomatic process and Tehran would not change...

Sterling dips as U.S.-Iran peace talks falter

Market participants were also keeping an eye on UK assets as British Prime Minister Sir Keir Starmer prepared to address parliament as he faces...

Lords’ constitutional committee call for new White Paper on OTs

The UK's House of Lords' Constitution Committee chaired by Lord Strathclyde have asked for the Minister of State for the Overseas Territories to respond...

Price hikes, outlook cuts – What airlines are doing as fuel costs surge

Jet fuel prices have soared from $85 to $90 per barrel to $150 to $200 per barrel in recent weeks, a financial hit for...

Shipping firms seek clarifications before crossing Hormuz

Foreign Minister Abbas Araqchi said on Friday that the Strait of Hormuz was open to all commercial vessels during a 10-day Lebanon ceasefire accord International...

Oil falls 11% after Iran declares Strait of Hormuz open

Brent crude futures fell $10.42, or 10.48%, to $88.97 a barrel by 12:39 p.m. EDT (1639 GMT), after falling to a session low of...
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