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Oil prices fall, stocks rise as Iran-Israel war fears ease

Stocks rose and oil prices retreated Monday as fears of a wider Middle East conflict eased even as Israel and Iran pounded each other with missiles for a fourth day.

Struggling Gucci owner's shares soar over new CEO reports

Shares in Gucci owner Kering jumped Monday over reports that the outgoing boss of French automaker Renault would take over as chief executive of the struggling luxury group.

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UK renationalises first train operator under Labour reforms

A private train operator servicing parts of southern England, including London, on Sunday became the first to be returned to public ownership under a government plan to renationalise Britain's much-maligned railways.

Syria to help locate missing Americans: US envoy

Syria's new authorities have agreed to help the United States locate and return Americans who went missing in the war-ravaged country, a US envoy said on Sunday, in another sign of thawing bilateral ties.

Norway's Trier is bridesmaid again at Cannes

Director Joachim Trier, who won the Grand Prix second prize at the Cannes film festival Saturday, makes Scandinavian movies that can melt the chilliest of hearts.

Cannes best actress Melliti is football player spotted in street

Nadia Melliti, who won best actress at the Cannes Festival Saturday for her first-ever role in a film, is a French student and amateur football player who was spotted in the street.

Suriname poised for cash inflow from newly discovered oil

Suriname, South America's smallest country, is preparing for an inflow of cash from a huge offshore oil find, with the president insisting the population will receive a direct share of the wealth.

Growing Arctic military presence worries Finland's reindeer herders

A fighter jet roaring through the grey sky breaks the tranquillity of a boreal forest in northern Finland, one more sign of a growing military presence that is challenging the ability of reindeer herders to exercise their livelihood.

US, Boeing reach deal to resolve MAX criminal case

The Justice Department said Friday it reached a preliminary agreement with Boeing to settle a long-running criminal probe into deadly 737 MAX crashes, drawing condemnation from some crash victim families.

South Africa rescues all 260 miners stuck underground alive

Rescuers on Friday pulled out all 260 mine workers who had been stuck for more than 24 hours in an underground shaft in South Africa, the mine's operator said.

Trump fires new 50% tariff threat at EU, targets smartphones

US President Donald Trump rekindled his trade war with the European Union Friday as he insisted he would slap a 50 percent tariff on the bloc because talks with Brussels were "going nowhere."

Trump signs orders to boost US nuclear energy

President Donald Trump signed a series of executive orders Friday to boost nuclear energy in the United States, including by rolling back regulatory processes on a still divisive technology.

Distrusting Argentines loath to bank their 'mattress dollars'

Argentine "Rita Lopez," 84, keeps her US dollars hidden in an empty pea can in the kitchen. Since childhood, she has steered clear of banks in a country that has veered from one economic crisis to another.

How Ronaldo's La Liga ownership foray turned sour in Valladolid

Seven years after taking over Real Valladolid, Brazil great Ronaldo's venture into La Liga's boardrooms has ended in fiasco with three relegations and a fan revolt against their absentee president.

Brazil great Ronaldo sells majority stake in Valladolid

Real Valladolid said Friday Brazil great Ronaldo is selling his stake in the Spanish club to a North American investment company.

Stock markets fall as Trump threatens tariffs on EU, Apple

Stock markets fell back Friday after US President Donald Trump ended a lull in his trade war with threats of massive tariffs on Apple products and imports from the European Union.

German court says Meta can use user data to train AI

A German court on Friday dismissed an injunction request brought by consumer protection groups to prevent US tech giant Meta from using user data from Facebook and Instagram to train artificial intelligence systems.

Trump fires new 50% tariff threat at EU, drawing stiff response

President Donald Trump rekindled the US trade war on Friday, threatening to impose a 50 percent tariff on the European Union -- and drawing a strong response from European politicians.

S.Africa moves to ease black empowerment law under Starlink pressure

South Africa's government is moving towards easing its black ownership laws in the telecoms sector -- a policy change that would smooth the way for Elon Musk's Starlink to enter the local market.

Stock markets sink as Trump eyes tariffs on EU, Apple

Stock markets tumbled Friday after US President Donald Trump ended a lull in his trade war with threats of massive tariffs on Apple products and imports from the European Union.

France's TotalEnergies to face court in June in 'greenwashing' case

TotalEnergies will face a Paris civil court in June over allegations it made false advertisements about its climate pledges -- an unprecedented case in France against a major fossil fuel company, activists said Friday.

Napoleon's sword sold at auction for 4.7 mn euros

A sword that belonged to Napoleon and was specially ordered for the personal use of the French emperor fetched almost 4.7 million euros at auction in Paris, many times the asking price and coming close to a new record price for a Napoleonic artefact, the auction house said.

European stocks sink as Trump puts EU in tariff crosshairs

European stock markets tumbled Friday after US President Donald Trump ended a lull in his trade war as he raised the spectre of hitting imports from the European Union with a massive 50-percent tariff.

Stocks firm, dollar drops at end of rocky week

Major stock markets mostly firmed and the dollar slid Friday following volatility this week triggered by concerns over high US debt.

Stocks bounce after Treasury-led sell-off

Equities mostly rose Friday following the previous day's US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump's signature tax-cutting budget passed a key congressional vote.

Stocks mixed after Treasury-led sell-off

Equities were mixed Friday following the previous day's US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump's signature tax-cutting budget passed a key congressional vote.

British king to visit Ottawa amid Trump-Canada tension

Britain's King Charles III will travel to Canada early next week for a brief but "impactful" visit, at a time when President Donald Trump is floating the idea of making his northern neighbour the 51st US state.

Thai athlete, 105, unrivalled but not lonely at World Masters Games

Sawang Janpram is in a league of his own at the World Masters Games in Taiwan -- at 105 he is the oldest competitor and the only person in his age group.

Japan core inflation tops forecasts as rice prices almost double

Japanese inflation spiked at a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid Donald Trump's trade war.

Japan PM presses Trump on tariffs ahead of new talks

Japan's Prime Minister Shigeru Ishiba said Friday that he had again pressed US President Donald Trump on tariffs, in a phone call ahead of fresh talks on easing the levies.

Trump attends memecoin gala as protesters slam 'crypto corruption'

US President Donald Trump hosted a closed-door dinner for hundreds of top investors in his crypto memecoin Thursday, as sign-holding protesters outside and Democratic opponents decried the event as blatant "corruption."

Colombian VP accuses government of 'racism, patriarchy'

Colombia's leftist government was plunged into fresh crisis Thursday after the country's first black vice president described the administration as racist and patriarchal.

Anthropic touts improved Claude AI models

Anthropic unveiled its latest Claude generative artificial intelligence (GenAI) models on Thursday, claiming to set new standards for reasoning, coding, and digital agent capabilities.

G7 finance talks end in show of unity despite tariff turmoil

G7 finance ministers wrapped up talks in western Canada on Thursday with a show of unity, saying the economic policy uncertainty that has swept the globe was easing and vowing further progress towards stability.

The China Mail - Economy (English)