Iran denies Trump’s claim that Tehran wants a deal ‘quickly and badly’

President Donald Trump declared Monday that Iran is desperate to reach an agreement with the United States, posting…

Musk says xAI’s Grok 5 will achieve AGI

Elon Musk declared on Monday that xAI's Grok 5 will be the model to achieve artificial general intelligence,…

Webb and Hubble find 27 tiny Kuiper Belt objects that defy formation models

The Hubble and James Webb space telescopes have jointly discovered 27 new trans-Neptunian objects in the deepest survey…

Saudi oil pipeline to stay shut for weeks as Houthis seize Red Sea islands

Saudi Arabia's East-West Pipeline, damaged in drone strikes last week, is expected to remain largely out of service…

Study warns Himalayas nearing tipping point as glacier melt accelerates

The Himalayas are nearing a tipping point as glaciers melt faster than they did a decade ago, threatening…

Tanker rates to India jump 150% as twin chokepoints falter

Daily charter rates for oil tankers bound for India have surged roughly 150% to approximately $250,000 in about…

Saudi Arabia races to restart pipeline as oil stockpiles dwindle

Saudi Arabia will exhaust its oil export stockpiles within days if it cannot restart its crippled East-West pipeline,…

Memory chip stocks slide as DeepSeek model slashes AI memory needs

Shares of SanDisk fell more than 5% on Monday as investors dumped memory chip stocks in response to…

Wright says Hormuz oil shipments rising amid skepticism

U.S. Energy Secretary Chris Wright said Monday that oil shipments through the Strait of Hormuz continue to climb,…

Maersk, Hapag-Lloyd shift four more services to Suez Canal

Maersk A.P. Møller - Mærsk A/S announced on Monday that four more of its joint container services with…

Iran war threatens Gulf states’ $4T in US pledges

The economic toll of the US-Israel war on Iran is hitting Middle Eastern economies far harder than the…

China’s spy chief names U.S. AI models as threats to national security

China's top intelligence official has warned that artificial intelligence poses a direct threat to the Chinese Communist Party's…

Germany rejects AI pause, calls for U.S.-China oversight

Germany's digital affairs ministry on Monday rejected calls to pause artificial intelligence development in Europe, declaring that halting…

China’s August bank loans miss forecasts by wide margin

China's new bank loans returned to positive territory in August but fell far short of expectations, underscoring the…

BYD enters Europe’s electric truck market with 600 km range flagship

BYD unveiled its ETT 44 heavy-duty electric tractor at IAA Transportation 2026 in Hannover on Monday, marking the…

Kioxia considers $10B U.S. ADR listing, Bloomberg reports

Japanese memory chipmaker Kioxia Holdings is considering raising at least $10 billion through a listing of American depositary…

LNG prices near $25 as Hormuz closure squeezes Asia ahead of winter

Seven months after US and Israeli strikes on Iran began in late February 2026, the de facto closure…

Dangote opens Africa’s largest IPO, unveils $17B Kenya refinery

Aliko Dangote announced on Monday that construction on a $17 billion oil refinery in Lamu, Kenya, will begin…

DP World grows truck fleet 40% to bypass Strait of Hormuz

DP World, the Dubai-based ports and logistics giant, is expanding its overland freight network with a 40% increase…

Z.AI shares slide after $5 billion fundraise in two months

Chinese artificial intelligence developer Z.AI raised approximately $5 billion through a Hong Kong share placement and concurrent convertible…

OpenAI’s Brockman calls for AI pause limited to frontier models

OpenAI President Greg Brockman argued on Monday that any slowdown in artificial intelligence development should apply only to…

Supertanker rates approach $1M a day amid dual-strait crisis

The cost of moving crude oil from the Middle East to Asia has reached levels without precedent. Chartering…

Asian refiners brace for supply crunch as Aramco stays silent on pipeline repairs

Asian refiners are bracing for tighter sour crude supplies after Saudi Arabia shut its East-West oil pipeline following…

Emerging-market stocks fall for third day on Mideast oil fears

Emerging-market stocks fell for a third straight session on Monday as escalating conflict in the Middle East and…

AirBaltic files for Chapter 11 in New York amid Iran war fuel crisis

Latvia's airBaltic filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of…

GSK lung cancer drug cuts death risk by 54% in pivotal trial

GSK reported on Sunday that its cancer drug risvutatug rezetecan, known as Ris-Rez, reduced the risk of death…

ECB flags inflation risk as Europe’s energy crisis deepens

Europe is staring down its most acute energy emergency since 2022, with crude oil climbing past $100 a…

EU fails to extend Russia sanctions a day before they expire

European Union ambassadors failed on Monday to reach the unanimous agreement needed to extend individual sanctions against Russia,…

Carney seeks ‘unique alliance’ with EU, not membership, amid U.S. trade war

Canadian Prime Minister Mark Carney declared on Sunday that Canada is seeking a "unique alliance" with the European…

Fed, ECB and BOJ set to hike rates in same week

The world's three most influential central banks are poised to raise interest rates in the same week, a…