Iran and Oman are negotiating a temporary framework to reopen the Strait of Hormuz using separate controlled corridors and service fees to restore safe commercial maritime shipping.
Iran and Oman are negotiating a temporary framework to reopen the Strait of Hormuz using separate controlled corridors and service fees to restore safe commercial maritime shipping.
Cheap flights are becoming increasingly difficult to find as airlines grapple with elevated fuel costs and rising operational expenses. Higher jet fuel prices, supply constraints, and strong travel demand are keeping ticket prices elevated across many routes. Here's why airfares remain stubbornly high and what travelers can expect in the months ahead
Oil prices have dropped as US-Iran tensions show signs of easing with progress reported in talks over the Strait of Hormuz. The developments have raised hopes of avoiding a major disruption to one of the world's most critical oil shipping routes, impacting global energy markets.
Estonian village has transformed into a symbolic kingdom as the Seto community continues to preserve its centuries-old traditions, unique culture, and heritage. The annual celebration highlights the community’s ancient customs, traditional music, folk clothing, and efforts to keep Seto identity alive in the modern world.
Oil prices have dropped as US-Iran tensions show signs of easing with progress reported in talks over the Strait of Hormuz. The developments have raised hopes of avoiding a major disruption to one of the world's most critical oil shipping routes, impacting global energy markets.
Donald Trump has intensified the use of tariffs and sanctions as key tools of economic pressure. But are these measures achieving their intended goals? From trade disputes to geopolitical rivalries, questions are growing about the effectiveness of America's economic warfare strategy. This report examines the impact of tariffs, sanctions, and the limits of economic coercion in today's interconnected global economy.
China's post-pandemic tourism recovery is showing signs of slowing down. As travelers become more cautious with spending, hotels across the country are slashing prices to attract customers. While tourism demand remains strong, falling spending levels are triggering intense competition across the hospitality sector, raising fresh concerns about China's broader economic outlook.
A magnitude 6.3 earthquake struck off the southern Philippines on Wednesday, the USGS said. The quake hit southwest of Sarangani Island but caused no immediate reports of casualties or damage. No tsunami warning was issued following the tremor.
PCB, in a statement, said that it has taken a "serious note" of the situation and "disciplinary measures will be taken on individuals found to have participated in the said unsanctioned event without obtaining the requisite approvals from the PCB."
Progressive Abdul El-Sayed holds a narrow lead over moderate Haley Stevens in Michigan’s Democratic Senate primary, testing the party's ideological direction ahead of November’s election against Republican Mike Rogers.
Rihanna and her energy at Grand Kadooment Day were truly immaculate. The Umbrella singer celebrated the island's iconic Crop Over festival in her homeland, Barbados.
Rising oil prices triggered by escalating tensions in West Asia are putting pressure on South Asia's most vulnerable economies. Pakistan and Bangladesh, both heavily dependent on imported energy, face risks of higher inflation, weaker currencies, and mounting fiscal challenges. This edition of This Week in Asia explores how a potential oil shock could impact millions across the region.
Pakistan continues to rely on international financial assistance as concerns grow over the country's long-term economic stability. With repeated bailout packages and limited structural reforms, leading global financial institutions are warning about deep-rooted vulnerabilities. Is Pakistan trapped in a cycle of borrowing, or can meaningful reforms change the country's economic trajectory?
AI spending is exploding, but profits are struggling to keep up. Tech giants are pouring hundreds of billions of dollars into AI infrastructure, data centres, and advanced computing systems, raising concerns among investors. With global AI-related capital expenditure estimated at around $725 billion and current AI revenue far lower, questions are growing about whether the AI boom is becoming too expensive. Are companies investing for the future-or creating the next tech bubble? Here's what the numbers reveal.
Russia launched a massive barrage of ballistic missiles and drones on Kyiv, killing at least 15 people and injuring over 50. The attack, one of the deadliest on the Ukrainian capital this year, came amid intensifying strikes between Russia and Ukraine.
It all happened on the last ball of the match when Tigers captain Himmat Singh fumbled the ball while fielding to miss an easy run out, only to kick it in frustration and hitting the stumps in process to effect the run out.
The RBI has kept the repo rate unchanged at 5.25% and retained its neutral policy stance, citing rising inflation driven by food and fuel prices. The central bank warned that headline inflation has moved above its target and is likely to remain elevated in the near term.
Lucky Rawat, a student from Uttarakhand's Chakrata, has been selected to represent India in the 10-day 'Icebreaker of Knowledge' expedition to the geographic North Pole, joining students from 22 countries aboard Russia's nuclear-powered icebreaker 50 Let Pobedy.
LA Port Police assisted in busting a $12.5 million Sinaloa Cartel meth lab, seizing drugs and cash, while also dismantling a $2 million Nike cargo theft ring involving 12 indictments.