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Crude rebounds after Iran-US standoff halts tanker movement
Crude rebounds after Iran-US standoff halts tanker movement

NEW YORK CITY, NEW YORK: Oil prices rose sharply in early trading on April 19 after renewed tensions between the United States and...

Dow Jones slips 5 points as investors hold back over Iran
Dow Jones slips 5 points as investors hold back over Iran

NEW YORK, New York -U.S.  stock markets closed with a subdued tone on Monday as investors and traders remained restrained, with the...

Jet fuel spike forces Air Canada to suspend New York JFK routes
Jet fuel spike forces Air Canada to suspend New York JFK routes

NEW YORK CITY, New York: Air Canada will suspend flights to New York's JFK International Airport for nearly five months as soaring...

Talaat Moustafa plans massive new city project near Cairo
Talaat Moustafa plans massive new city project near Cairo

CAIRO, Egypt: Egypt's Talaat Moustafa Group has unveiled plans to develop a US$27 billion mixed-use city east of Cairo, marking one...

Meta plans first job cuts in May, more layoffs expected later
Meta plans first job cuts in May, more layoffs expected later

NEW YORK CITY/SAN FRANCISCO: Meta Platforms is set to begin a major round of layoffs on May 20 as part of a broader restructuring tied...

Apple, Huawei defy slowdown as China smartphone sales fall
Apple, Huawei defy slowdown as China smartphone sales fall

BEIJING, China: Apple recorded a sharp rise in iPhone shipments in China in the first quarter, outperforming rivals even as the broader...

Middle East

Section
Crude rebounds after Iran-US standoff halts tanker movement
Crude rebounds after Iran-US standoff halts tanker movement

NEW YORK CITY, NEW YORK: Oil prices rose sharply in early trading on April 19 after renewed tensions between the United States and...

Time for U.S. to engage in good-faith negotiations with Iran
Time for U.S. to engage in good-faith negotiations with Iran

The US government under Donald Trump has twice used disingenuous negotiations with Iran to provide cover for attacking it, in June...

Talaat Moustafa plans massive new city project near Cairo
Talaat Moustafa plans massive new city project near Cairo

CAIRO, Egypt: Egypt's Talaat Moustafa Group has unveiled plans to develop a US$27 billion mixed-use city east of Cairo, marking one...

Global oil supply hit by 500 million barrel loss amid Iran war
Global oil supply hit by 500 million barrel loss amid Iran war

LONDON, U.K.: The war in Iran has erased more than US$50 billion in global oil output in less than two months, creating one of the...

Airlines brace for higher costs, cuts as jet fuel supplies tighten
Airlines brace for higher costs, cuts as jet fuel supplies tighten

NEW YORK CITY, NEW YORK: A deepening jet fuel crunch linked to the Iran war and the closure of the Strait of Hormuz is raising fears...

Some Israelis unhappy with Lebanon ceasefire
Some Israelis unhappy with Lebanon ceasefire

JERUSALEM/BEIRUT: After many hours of sirens in northern Israel mid-week, people felt an unusual calm later in the week as the ceasefire...