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Business

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Techs take huge hit on Wall Street Friday
Techs take huge hit on Wall Street Friday

NEW YORK, New York - U.S. stock markets suffered a brutal beating on Friday, with the tech-heavy NASDAQ leading a dramatic sell-off...

Google parent expands equity raise amid AI spending boom
Google parent expands equity raise amid AI spending boom

MOUNTAIN VIEW, California: Alphabet has increased the size of its planned equity offerings to US$84.75 billion, underscoring strong...

Trump administration plans fresh tariffs on key partners
Trump administration plans fresh tariffs on key partners

WASHINGTON, D.C.: The Trump administration has proposed new tariffs of 10 percent or more on imports from dozens of major U.S. trading...

U.S. stocks end divided Thursday but Dow notches up huge gain
U.S. stocks end divided Thursday but Dow notches up huge gain

NEW YORK, New York - U.S. stocks closed sharply higher on Thursday, led by a blockbuster rally in the Dow Jones Industrial Average,...

SpaceX seeks $75 billion raise in unprecedented public debut
SpaceX seeks $75 billion raise in unprecedented public debut

NEW YORK CITY, New York: Elon Musk's SpaceX is planning an unprecedented stock market debut, aiming to raise a record US$75 billion...

Microsoft unveils AI-designed quantum chip, eyes 2029 debut
Microsoft unveils AI-designed quantum chip, eyes 2029 debut

SAN FRANCISCO, California: Microsoft said it expects to have commercially useful quantum computers by 2029 after unveiling a new quantum...

Middle East

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Prospects for ending war hit as Hezbollah rejects ceasefire deal
Prospects for ending war hit as Hezbollah rejects ceasefire deal

DUBAI/BEIRUT: The Iran-backed Hezbollah group rejected a new ceasefire in Lebanon on June 4, while Israel said it would not pull its...

Washington targets Iranian digital asset firms in crackdown
Washington targets Iranian digital asset firms in crackdown

WASHINGTON, D.C.: The Trump administration this week imposed sanctions on Iran's largest digital asset exchange and three other cryptocurrency...

Netanyahu criticized after Trump halts Israeli strikes on Beirut
Netanyahu criticized after Trump halts Israeli strikes on Beirut

TEL AVIV, Israel: Benjamin Netanyahu is facing criticism at home after U.S. President Donald Trump said Israel would stop plans to...

After Israel's Lebanon incursion, Iran stops indirect talks with US
After Israel's Lebanon incursion, Iran stops indirect talks with US

DUBAI, U.A.E.: Iran has stopped indirect talks with the United States after Israel ordered its troops to move deeper into Lebanon to...

Crude prices surge on Hormuz blockade concerns and tensions
Crude prices surge on Hormuz blockade concerns and tensions

NEW YORK CITY, New York: Oil prices surged by about $5 a barrel on June 1 as fears of further disruptions to global energy supplies...

Bahrain commends UAE mediation in successful Russia-Ukraine prisoner swap
Bahrain commends UAE mediation in successful Russia-Ukraine prisoner swap

MANAMA, 6th June, 2026 (WAM) -- The Kingdom of Bahrain has welcomed the success of the United Arab Emirates' mediation efforts between...

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