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US and European stocks reversed Monday as oil prices surged over fears hostilities could resume in the weeks-long Middle East war after Iran closed the Strait of Hormuz following its brief reopening.
Kevin Warsh, US President Donald Trump's choice to lead the Federal Reserve, will stress his dedication to central bank independence on interest rates at a crucial confirmation hearing Tuesday, according to prepared remarks seen by AFP.
Pope Leo XIV condemned exploitation and corruption by the rich and powerful during a visit Monday to Angola's diamond-rich but impoverished northeast, returning to a theme of his 11-day tour of Africa.
Prime Minister Keir Starmer on Monday denied misleading parliament over the appointment of Peter Mandelson as UK envoy to Washington, and accused officials of deliberately hiding information that the Labour politician had been denied security clearance.
Traffic once again seized up in the Strait of Hormuz as both Tehran and Washington imposed separate blockades, with Iranian vessels continuing to test the US shutdown, tracking data showed Monday.
President Recep Tayyip Erdogan said on Monday that his government would introduce sweeping measures, including restrictions on gun ownership, after two school shootings last week that shocked Turkey.
Embattled Prime Minister Keir Starmer said Monday he had been wrong to appoint Labour politician Peter Mandelson as UK envoy to Washington, seeking to quell anger over a scandal surrounding Jeffrey Epstein's long-time associate.
Iran said it had yet to decide whether to attend a new round of peace negotiations with the United States on Monday, casting uncertainty on a push to stop the Middle East war from resuming.
Pope Leo XIV condemned exploitation and corruption by the rich and powerful on Monday during a visit to Angola's diamond-rich northeast, returning to a theme of his 11-day tour of Africa.
Italian bank UniCredit wooed shareholders in Germany's Commerzbank with promises of higher returns on Monday as it hopes to win a 35-billion-euro ($41 billion) takeover battle fiercely opposed by many Germans.
European stocks fell Monday as oil prices surged over fears hostilities could resume in the weeks-long Middle East war, after Iran closed the Strait of Hormuz following its brief reopening.
Slovenian outgoing Prime Minister Robert Golob, whose party secured a razor-thin majority in parliamentary elections last month, on Monday said he had failed to form a coalition.
American AI developer Anthropic plans to "lay the risks out on the table" even as it restricts deployment of a new model dubbed Mythos, whose powerful cybersecurity capabilities raise stark questions for companies and governments.
Iran insisted it has no plan to attend a new round of negotiations with the United States on Monday, as uncertainty grows over a push to stop the Middle East war from resuming.
Iran on Monday executed two more members of opposition group the People's Mujahedin (MEK), the organisation said, with Iranian authorities saying they had been hanged on charges of spying for Israel.
Thousands of American and Philippine troops, joined for the first time by a significant contingent of Japanese forces, began annual military exercises Monday set against the backdrop of the Middle East war.
Bulgarian ex-president Rumen Radev, an EU critic who has called for renewing ties with Russia, took an absolute majority in parliamentary elections that could spell an end to the country's half-decade of political uncertainty, according to near complete vote results on Monday.
Thousands of American and Philippine troops, joined for the first time by a significant contingent of Japanese forces, began annual military exercises Monday set against the backdrop of the Middle East war.
When falling bombs shattered the usual calm of his Kashmir village, Mohammad Rashid set his mind to building a shelter for his family, ready in case fighting erupts again in the divided Himalayan region.
North Korea fired multiple short-range ballistic missiles that tested the power of its cluster munitions, its government news agency said on Monday, confirming the latest in a flurry of launches by the nuclear-armed state.
Oil prices surged Monday on a re-escalation of hostilities in the Middle East war after Iran closed the Strait of Hormuz at the weekend, just a day after reopening it, citing the United States' blockade of its ports.
Over a feverish few days of diplomacy, Pakistan's military and civilian politicians successfully divided the Middle East between them to push for a second round of US-Iran peace talks expected to take place in Islamabad this week.
Thousands of American and Philippine troops, joined for the first time by a significant contingent of Japanese forces, began annual military exercises Monday set against the backdrop of the Middle East war.
Israel said its military had been instructed to use "full force" against threats in Lebanon despite a truce, and vowed to level homes allegedly used by Hezbollah, with state media reporting demolitions were underway on Sunday.
North Korea has test-fired multiple short-range ballistic missiles, the government news agency reported Monday, the latest in a recent flurry of launches by the nuclear-armed state.
Iran is not currently planning to attend talks with the United States on Monday, state media said, after President Donald Trump ordered US negotiators to Pakistan just days before a ceasefire in the Middle East expires.
British Prime Minister Keir Starmer vowed Sunday to bring perpetrators of recent arson attacks on Jewish sites in London to justice as Britain's chief rabbi said "a sustained campaign of violence and intimidation" against Jews was accelerating.
Embattled UK Prime Minister Keir Starmer will face lawmakers in parliament on Monday as he tries to quell anger over an unrelenting scandal involving long-time Jeffrey Epstein associate Peter Mandelson.
US President Donald Trump said he was sending a delegation to Pakistan on Monday for negotiations with Iran, while renewing his threats to destroy the country's vital infrastructure if it didn't agree a deal.
Security in Pakistan's capital Islamabad was stepped up visibly on Sunday ahead of peace talks between the United States and Iran in the coming days.
Turkey said on Sunday it remained "optimistic" that a two-week ceasefire between Iran and the United States that expires on Wednesday, would be extended, allowing more time for talks between the sides.
Mahla, an interior designer in Tehran, says she has been forced to sell her valuables and gold to pay employees as Iran's internet shutdown, imposed at the start of the Middle East war, tanks her business.