Stocks in European defense companies had a mixed reaction after reports that Israel had launched a retaliatory strike on Iran. The Wall Street Journal said the strike targeted the area around Isfahan in central Iran, according to people familiar with the matter. European defense stocks have largely been a winning trade this year, with Rheinmetall gaining 74% so far in 2024 and Leonardo gaining 48%.
The Under Armour meltdown continues.
China has been pushing for businesses to leave the door open for customers to use cash, with foreigner visitors saying they're struggling to spend.
Israel has said it had nothing to do with the death of Iranian president Ebrahim Raisi, who was killed in a helicopter crash on Sunday evening. A government official in Jerusalem told Reuters that “it wasn’t us” in a statement.
Already fighting dozens of indictments and an ongoing hush-money trial in New York, Donald Trump wants to head back to court over the movie that took Cannes by storm today. “We will be filing a lawsuit to address the blatantly false assertions from these pretend filmmakers,” the Trump campaign’s Steven Cheung declared Monday over the …
Azin Haghighi/Anadolu via Getty ImagesAn Israeli official has gone on the record to deny their country was behind the helicopter crash which claimed the lives of Iran’s president, foreign minister, and others Sunday.President Ebrahim Raisi, Foreign Minister Hossein Amirabdollahian, and the six other passengers on board the chopper that went down in poor weather conditions were all confirmed dead Monday by Supreme Leader Ayatollah Ali Khamenei. An anonymous Israeli official told Reuters that Isra
Thousands of people raised guavas into the air near the headquarters of Taiwan's Democratic Progressive Party (DPP) on Saturday to protest its ongoing rule ahead of the inauguration of a new DPP presidential term. (AP video shot by Taijing Wu)
Lai Ching-te is expected to continue growing relationship with the US and further distance from China
Biden and Trump campaigns continue to trade barbs over accusations candidates are senile
Analysts see Nvidia's earnings per share soaring 474% to $5.22, with revenue up 241% to $24.5 billion.
Over the past few years, Michael Burry has gained more media attention with his recession warnings and market crash “predictions” than he did for accurately foreseeing the 2008 financial crisis. But his persistent warnings about recession and market crashes never realized, denting his reputation as an expert and hedge fund manager. Were Michael Burry’s Recession […]
Markets rallied to new record highs last week after inflation cooled, stoking hopes that the Federal Reserve could start cutting interest rates as soon as September.
Iranian President Ebrahim Raisi and the country’s foreign minister were found dead Monday hours after their helicopter crashed in fog, leaving the Islamic Republic without two key leaders as extraordinary tensions grip the wider Middle East. Supreme Leader Ayatollah Ali Khamenei, who has the final say in the Shiite theocracy, quickly named a little-known vice president as caretaker and insisted the government was in control, but the deaths marked yet another blow to a country beset by pressures at home and abroad. Iran has offered no cause for the crash nor suggested sabotage brought down the helicopter, which fell in mountainous terrain in a sudden, intense fog.
Last week, Washington announce new tariffs on Chinese imports including electric cars and solar panels.
Settler attacks and arrests of Hamas supporters create climate of fear and distrust in ruling Fatah party
The Philippines blamed Chinese fishermen on Monday for a massive loss of giant clams in a disputed shoal controlled by China's coast guard in the South China Sea and urged an international inquiry into the amount of environmental damage in the area. The Philippine coast guard presented surveillance photographs of Chinese fishermen harvesting large numbers of giant clams for a number of years in a lagoon at Scarborough Shoal, but said signs of such activities stopped in March 2019.
The Nasdaq hit a fresh record Monday as leading bourses mostly rose, while gold also scored a new all-time high as the shock death of Iranian President Ebrahim Raisi helped bolster the haven investment."Gold and copper have hit record highs, (and) silver jumped to an 11-year high... after the death of Iran's president in a helicopter crash," noted Neil Wilson, chief market analyst at Finalto trading group.
Ukraine's Kraken special forces brave Russian artillery fire to support front-line troops in the contested town of Chasiv Yar.
Iran faces western opposition over its nuclear programme, a dire economy and tense relations with other Middle Eastern states
All eyes turned to Robert Costello on Monday after he was called to the witness stand in former President Trump’s hush money trial and was quickly admonished by the judge for his courtroom behavior. Minutes after Costello, a former legal adviser to ex-Trump fixer Michael Cohen, took the witness stand Monday, Judge Juan Merchan asked…
The International Criminal Court’s decision to seek arrest warrants for Israeli prime minister Benjamin Netanyahu and defence minister Yoav Gallant makes a mockery of both the institution and the laws it claims to uphold.
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