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Rising fuel costs push US inflation to three-year high
Rising fuel costs push US inflation to three-year high

WASHINGTON, D.C.: A sharp rise in fuel costs pushed a key U.S. inflation measure to its highest level in nearly three years in March,...

Wall Street steady near peak as oil prices surge, then retreat
Wall Street steady near peak as oil prices surge, then retreat

NEW YORK CITY, New York: U.S. stocks hit new record highs this week, even as oil markets saw sharp swings driven by ongoing tensions...

Wall Street divided Friday, but Nasdaq gains 222 points
Wall Street divided Friday, but Nasdaq gains 222 points

NEW YORK, New York - World stock markets closed with a split personality on Friday, as technology-heavy indexes posted solid gains...

Kone strikes $34 billion deal to acquire rival TK Elevator
Kone strikes $34 billion deal to acquire rival TK Elevator

HELSINKI, Finland: Finnish elevator maker Kone has agreed to acquire Germany's TK Elevator in a US$34 billion deal that would reshape...

UAE quits OPEC, raising questions over future oil price control
UAE quits OPEC, raising questions over future oil price control

FRANKFURT, Germany: The United Arab Emirates' decision to leave OPEC marks one of the most significant shifts in the global oil market...

Investors press Alphabet on oversight of AI, cloud contracts
Investors press Alphabet on oversight of AI, cloud contracts

LONDON, U.K.: A group of Alphabet shareholders is stepping up pressure on the company to clarify how it monitors the use of its cloud...

Middle East

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US wants international coalition to reopen Strait of Hormuz
US wants international coalition to reopen Strait of Hormuz

WASHINGTON, D.C./DUBAI/ISLAMABAD: With oil prices surging to their highest in more than four years, amid fears of longer-term disruptions...

UAE quits OPEC, raising questions over future oil price control
UAE quits OPEC, raising questions over future oil price control

FRANKFURT, Germany: The United Arab Emirates' decision to leave OPEC marks one of the most significant shifts in the global oil market...

Europe faces jet fuel squeeze as Middle East supplies halt
Europe faces jet fuel squeeze as Middle East supplies halt

LONDON, U.K.: Europe is facing growing concerns over jet fuel supply as shipments from the Middle East, its largest external source,...

Israel's president says he’s in no hurry to pardon Netanyahu
Israel's president says he’s in no hurry to pardon Netanyahu

JERUSALEM, Israel: Israel's president signaled that he was in no hurry to consider Prime Minister Benjamin Netanyahu's request for...

West Asia developments: India facilitates movement of 2490 Indian nationals out of Iran so far
West Asia developments: India facilitates movement of 2490 Indian nationals out of Iran so far

New Delhi [India], May 2 (ANI): Amid the evolving situation in West Asia, the Ministry of External Affairs continues its focused efforts...

Qatar Airways announces return of passenger flights to Iraq from May 10
Qatar Airways announces return of passenger flights to Iraq from May 10

Doha [Qatar], May 2 (ANI): Qatar Airways said in a statement on Saturday that it continues to reinstate its network across the Middle...