Brent crude jumped 10% to about US$80/barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100 after US and Israeli strikes on Iran plunged the Middle East into a new war. “While the military attacks are themselves supportive for oil prices, the key factor here…
Three people have died already in Jamaica as it braces for the world’s strongest storm this year – and possibly the strongest on record for the island – with US meteorologists warning of “catastrophic and life-threatening” conditions. With wind speeds of up to 175mph (282km/h), Hurricane Melissa is a category five storm – the maximum…
LONDON — Tens of thousands of people are expected to descend on Britain’s capital on Saturday for the largest far-right rally in decades, organized by anti-immigration activist Tommy Robinson. The “Unite the Kingdom” rally comes amid a surge of nationalism in the U.K., the rise of a far-right party topping the polls, and the murder…
A wobble in US technology shares has raised the stakes for Nvidia’s quarterly results on Wednesday, with earnings from the semiconductor giant posing a crucial test for the scorching AI trade. The heavyweight tech sector slumped 1.6% on the week after a huge run for the group, dragging on key indexes. The sector’s weekly decline…
African countries have gained an extra week to renegotiate trade terms with Washington, with new US tariffs – including steep hikes for South Africa and Algeria – now due to take effect on 7 August. The latest executive order signed by President Trump introduces a flat 15 percent tariff on most African exports to the…
Urgent international calls for restraint appear to be falling on deaf ears as the world braces for intensifying conflict in the Middle East. All eyes are on the White House, as U.S. President Donald Trump weighs carrying out direct military strikes on Iran. Such an act would represent a dramatic deepening of U.S. involvement in…
