Iris Barker
Business & Finance
Anthropic overtakes OpenAI to become Silicon Valley’s most valuable AI company
Anthropic has surpassed OpenAI to become the most valuable AI firm in Silicon Valley. According to the company statement cited by CNBC, the firm secured $65 billion in a Series…
Published on May 28, 2026
By Iris Barker
World & Politics
US and Iranian negotiators agree to a memorandum of understanding on the conflict, Trump is yet to approve
Negotiators from the US and Iran have finished drafting a memorandum of understanding to conclude the armed conflict and initiate nuclear discussions; however, US President Donald Trump has yet to…
Published on May 28, 2026
By Iris Barker
World & Politics
EU agrees with Pope’s position on ethical limits for AI
Thomas Rainer, spokesperson for the European Commission (EC), stated that the European Union supports the viewpoint presented in Pope Leo XIV's encyclical regarding the necessity for monitoring the utilization of…
Published on May 27, 2026
By Iris Barker
Science & Technology
China to restrict international travel for leading AI specialists
Chinese officials are enforcing travel limitations on top AI experts from private firms like Alibaba Group Holding and DeepSeek, according to Bloomberg.
Published on May 27, 2026
By Iris Barker
Science & Technology
Starlink orbital constellation surpasses 10,400 internet satellites
SpaceX reports that the Starlink constellation for global internet coverage has exceeded 10,400 active satellites.
Published on May 25, 2026
By Iris Barker
Business & Finance
Huawei plans to catch up with global leaders in advanced chip production by 2031
China's Huawei Technologies declared it has discovered a method that will enable it to manufacture chips on par with the advanced offerings of Intel Corp. and other top international firms…
Published on May 25, 2026
By Iris Barker
World & Politics
USA and Iran reach an agreement in principle on the Strait of Hormuz
Washington and Tehran have come to a preliminary agreement regarding the opening of the Strait of Hormuz in their attempts to finalize an agreement, according to The New York Times.
Published on May 25, 2026
By Iris Barker
Economics
Number of foreign-invested companies in China grows by 6.8% since the beginning of 2026
In January-April, the Chinese Ministry of Commerce announced a 6.8% rise in foreign-invested companies compared to the same timeframe last year, totaling more than 530,000. As per Xinhua, the total…
Published on May 25, 2026
By Iris Barker
Economics
Bezos proposes eliminating income taxes for half of Americans
Jeff Bezos, the founder of Amazon and Blue Origin (ranked No. 4 on the Forbes Global Billionaires list with a net worth of $272.3 billion as of May 21, per…
Published on May 22, 2026
By Iris Barker
World & Politics
Iran’s leader’s decrees not to export highly enriched uranium from the country
Iran's Supreme Leader Mojtaba Khamenei has mandated that uranium enriched near weapons-grade levels cannot be exported internationally, according to two senior Iranian officials who spoke to Reuters.
Published on May 22, 2026
By Iris Barker
Business & Finance
Nvidia triples quarterly net profit
American graphics chip manufacturer Nvidia Corp. significantly boosted its net income and revenue in the initial quarter of fiscal 2027, with both surpassing market predictions.
Published on May 21, 2026
By Iris Barker
Business & Finance
AMD to invest over $10 billion in Taiwan’s semiconductor industry
American semiconductor manufacturer Advanced Micro Devices (AMD) intends to allocate more than $10 billion towards several chip production initiatives in Taiwan.
Published on May 21, 2026
By Iris Barker
Economics
Mortgage rates in Germany rise unexpectedly in 2026
Average mortgage rates in Germany have increased by around 30 basis points since the onset of conflict in Iran, applying strain to the real estate market in Europe's largest economy.
Published on May 20, 2026
By Iris Barker
Economics
India cuts LNG imports to three-year low in March amid the Iran war
In March 2026, India bought 1.634 million tonnes of liquefied natural gas (LNG), a decrease of 10% compared to March 2025's 1.809 million tonnes, as reported by the Ministry of…
Published on May 20, 2026
By Iris Barker
Business & Finance
NextEra Energy, Dominion Energy to combine operations in $67 billion deal
NextEra Energy and Dominion Energy Inc., two American energy firms, revealed a merger in a transaction worth around $67 billion.
Published on May 18, 2026
By Iris Barker
World & Politics
European Commission is preparing proposals to limit purchases of critical components from China
The European Union is formulating strategies that may mandate European firms to acquire essential parts from various suppliers to lessen their reliance on China, The Financial Times writes.
Published on May 18, 2026
By Iris Barker
World & Politics
UAE states that its exit from OPEC was dictated by long-term economic considerations
UAE Energy Minister Mohammed Ali Al Mazrouei said on Saturday that the nation's choice to exit OPEC was driven by long-term economic assessments and its energy capabilities.
Published on May 18, 2026
By Iris Barker
Business & Finance
Stellantis, Dongfeng to manufacture Peugeot and Jeep cars in China
The companies announced in a joint statement that Franco-Italian Stellantis and Chinese Dongfeng have reached an agreement to produce Peugeot and Jeep cars in China.
Published on May 18, 2026
By Iris Barker
World & Politics
Trump says the US and China reached “fantastic deals”
US President Donald Trump stated that during his trip to China, Washington and Beijing had finalized multiple important trade agreements.
Published on May 15, 2026
By Iris Barker
Business & Finance
Honda posts operating loss in fiscal 2026 for the first time in nearly 70 years
Japanese Honda Motor Co. reported an operating loss for fiscal 2026 as a result of write-downs associated with its updated electric vehicle strategy.
Published on May 15, 2026
By Iris Barker
World & Politics
Iran files lawsuit against the United States in the Hague Arbitration Court
According to Tasnim, the Iranian government has initiated legal action against the United States in The Hague Arbitration Court. Tehran blamed Washington for military hostility towards nuclear sites, the enforcement…
Published on May 12, 2026
By Iris Barker
Economics
CME and Silicon Data to launch world’s first AI computing power futures in 2026
CME Group, a US exchange operator, and analytics firm Silicon Data intend to debut the globe's first computing power futures market this year, pending regulatory approval, as stated in a…
Published on May 12, 2026
By Iris Barker
Economics
Experts polled by Bloomberg forecast the ECB will raise rates twice this year
Experts surveyed by Bloomberg indicate that the European Central Bank (ECB) will increase its main interest rates twice this year, with each increase being 25 basis points (bps).
Published on May 12, 2026
By Iris Barker
World & Politics
Iran may enrich uranium to 90% in the event of another US attack
The spokesperson for the National Security Committee of Iran's Parliament, Ebrahim Rezaei, stated on Tuesday that Iran might contemplate enriching uranium to weapons-grade levels of 90% if there are additional…
Published on May 12, 2026
By Iris Barker
Economics
World trade sees sulfuric acid shortage due to Iran war
According to The Wall Street Journal (WSJ), the conflict in Iran and recent export limitations imposed by China have caused a significant surge in sulfuric acid prices, raising worries about…
Published on May 10, 2026
By Iris Barker
World & Politics
US sharply increases surveillance activity off the coast of Cuba
According to CNN, citing FlightRadar24 data, US aircraft have markedly intensified their surveillance missions near the coast of Cuba.
Published on May 10, 2026
By Iris Barker
Economics
Japanese authorities may have spent around $30 billion on currency interventions
According to Bloomberg's calculations based on central bank reserve data and brokerage forecasts, the Japanese government likely expended approximately 4.68 trillion yen ($30 billion) to intervene in the foreign exchange…
Published on May 7, 2026
By Iris Barker
World & Politics
Israel confirms first case of hantavirus
The initial instance of hantavirus infection has been confirmed in Israel. The patient is thought to have contracted the infection in Eastern Europe and sought medical help months after symptoms…
Published on May 7, 2026
By Iris Barker
Business & Finance
Musk to pay $1.5 million to settle SEC claims over Twitter purchase
A family trust linked to Elon Musk has agreed to pay $1.5 million to resolve allegations brought by the Securities and Exchange Commission (SEC) concerning the billionaire's untimely reporting of…
Published on May 6, 2026
By Iris Barker
World & Politics
Lagarde urges Europe to reduce its dependence on energy imports
The sharp increase in oil and gas prices resulting from the conflict in Iran ought to act as a warning to Europe regarding the necessity of lowering its reliance on…
Published on May 6, 2026
By Iris Barker
Business & Finance
GameStop places $55.5 billion bid for eBay
According to a press release from the bidder, American video game and consumer electronics retailer GameStop has made a non-binding proposal to purchase eBay Inc., the largest online auction platform…
Published on May 4, 2026
By Iris Barker
World & Politics
US Navy intercepts 50 Iran-linked merchant vessels since the blockade begins
US Central Command in the Middle East (CENTCOM) reported that the US Navy has seized 50 merchant vessels connected to Iran that were either leaving or traveling to Iranian ports…
Published on May 4, 2026
By Iris Barker
Business & Finance
Berkshire Hathaway more than doubles quarterly net profit
Warren Buffett's investment firm, Berkshire Hathaway, reported a first-quarter net profit that more than doubled compared with the same period last year, while operating earnings rose by 18%, according to…
Published on May 4, 2026
By Iris Barker
Management
Elon Musk may receive $158 billion in 2025 payout from Tesla
According to The Times, which cites internal corporate records, Elon Musk may be entitled to receive USD 158 billion in 2025 under the terms of a compensation deal with Tesla.
Published on May 4, 2026
By Iris Barker
Economics
Head of the U.S. Federal Reserve says higher energy prices will boost inflation in the United States
Higher energy prices will boost inflation in the United States in the short term, the Fed Chairman Jerome Powell said during a press conference following a two-day meeting that ended…
Published on April 30, 2026
By Iris Barker
Business & Finance
Bill Ackman’s Pershing Square raises $5 billion in IPO on its second attempt
The combined initial public offering of shares of Bill Ackman's Pershing Square USA closed-end investment fund and Pershing Square management company raised $5 billion, Bloomberg writes, citing a statement from…
Published on April 30, 2026
By Iris Barker
Business & Finance
Italian Eni agrees to resume oil production in Venezuela
Head of Italian energy company Eni, Claudio Descalzi, discussed Eni's current operations, future plans, and potential opportunities with the acting president of Venezuela, Delcy Rodriguez, according to the company.
Published on April 29, 2026
By Iris Barker
World & Politics
WSJ: Trump sets to prepare for protracted blockade of Iran
US President Donald Trump has told his advisors to get ready for a long-term blockading of Iran. This information is reported by The Wall Street Journal (WSJ), according to sources…
Published on April 29, 2026
By Iris Barker
Science & Technology
Meta to power data centers with energy from space
Meta has entered an agreement with Overview Energy to obtain generation capacity utilizing solar energy from space, as stated in a press release from the startup.
Published on April 27, 2026
By Iris Barker
Economics
Analysts predict global nickel shortage
The International Nickel Study Group (INSG) projects a 4.3% decrease in global primary nickel production in 2026, reaching 3.715 million tonnes.
Published on April 27, 2026
By Iris Barker
Economics
China to allow foreign investors to enter futures market for Chinese government bonds
The China Securities Regulatory Commission (CSRC) has announced that qualified foreign investors will be permitted to trade futures on Chinese government bonds as a means to hedge risks, according to…
Published on April 27, 2026
By Iris Barker
Science & Technology
Tesla launches Cybercab
Tesla announced release of fully autonomous two-seat Cybercab electric vehicles that do not have steering wheels or pedals, according to the company's chief executive officer, Elon Musk, who shared the…
Published on April 27, 2026
By Iris Barker
Business & Finance
PwC to pay $166 million in Hong Kong to settle Evergrande claims
PricewaterhouseCoopers (PwC) is set to pay HK$1.3 billion ($166 million) in penalties and compensations to resolve allegations connected to its role as the auditor for the insolvent Chinese property developer…
Published on April 24, 2026
By Iris Barker
World & Politics
Iran’s Central Bank receives its first revenue from tolls for ships passing through the Strait of Hormuz
Tasnim reported that Haji Babaei, the Deputy Speaker of the Iranian Parliament, stated that the Central Bank of Iran has obtained its initial income from tolls for vessels traversing the…
Published on April 24, 2026
By Iris Barker
Science & Technology
Anthropic’s Mythos AI model, capable of cyberattacks, get hacked
A limited number of unauthorized individuals accessed Claude Mythos Preview, a novel AI model created by American firm Anthropic PBC that can perform cyberattacks "at a scale and speed surpassing…
Published on April 22, 2026
By Iris Barker
Business & Finance
Boeing cuts net loss in Q1, order backlog grows to record high
Boeing Co., a leading global producer of aerospace and defense systems, decreased its net loss in Q1 2026 and saw a revenue boost of 14%.
Published on April 22, 2026
By Iris Barker
World & Politics
UN Secretary-General calls on the US and Iran to engage in constructive negotiations
UN Secretary-General António Guterres praised the prolongation of the ceasefire with Iran declared by US President Donald Trump and urged the involved parties to participate in productive negotiations.
Published on April 21, 2026
By Iris Barker
Economics
Amazon to invest up to $25 billion in Anthropic
Amazon plans to invest as much as $25 billion in AI developer Anthropic, announced the artificial intelligence firm.
Published on April 21, 2026
By Iris Barker
World & Politics
European Commission proposes full restoration of the EU-Syria Cooperation Agreement
The European Commission (EC) declared on Monday its plan to completely reinstate the former EU-Syria Cooperation Agreement, which Brussels considers "signifies a new phase in the relationship between the parties."
Published on April 20, 2026
By Iris Barker
Management
Apple announces Tim Cook’s retirement as CEO, effective September 1, 2026
Apple said that CEO Tim Cook will resign on September 1, 2026, and will take on the role of executive chairman of the board. According to a statement from the…
Published on April 20, 2026
By Iris Barker
