Pope Leo arrived in Spain on Saturday for a week-long visit, his first to an EU country outside Italy, where he will inaugurate a new tower in Barcelona’s famed Sagrada Familia basilica and meet migrants who braved dangerous Atlantic waters to reach Europe. The first American head of the Catholic Church is expected to draw … Read more
Rosneft Chief Executive Igor Sechin said on Saturday that U.S. energy companies were the main beneficiaries of the closure of the Strait of Hormuz and that Washington was trying to change the fundamental contours of the global energy markets to suit U.S. interests. Iran blockaded the Strait, the main route for about a fifth of … Read more
Amazon’s original Proteus robot has been rolled out in 25 fulfilment centers in the U.S. Sawdah Bhaimiya Amazon has unveiled its latest warehouse robot that can take commands in conversational language, underscoring how AI-powered automation is advancing as companies continue to slash their corporate workforce in AI-driven efficiencies. The tech giant’s next-generation Proteus is an … Read more
Job growth unexpectedly surged in May as the U.S. labor market continued a solid year of expansion, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls jumped a seasonally adjusted 172,000 for the period, down slightly from the upwardly revised 179,000 in April and far above the Dow Jones consensus estimate for 80,000. The unemployment … Read more
A labourer works on a construction site near the Amazon India headquarters in Bengaluru on December 29, 2025. Idrees Mohammed | Afp | Getty Images In a quarter partially affected by the economic disruptions from the Middle East conflict, India’s economy grew at 7.8% year-on-year in the three months to the end of March, a … Read more
Signage at the Broadcom Inc. headquarters in San Jose, California, June 2, 2025. David Paul Morris | Bloomberg | Getty Images European stocks followed global peers lower on Friday as investors monitor a global sell-off in chipmaking tech names. Shortly after the opening bell, the pan-European Stoxx 600 index opened down 0.2%. London’s FTSE 100 … Read more
Tencent’s Chief AI Scientist Yao Shunyu (R) discusses the tech outlook with Tencent CNBC | Evelyn Cheng BEIJING — A former OpenAI researcher is now chief AI scientist for Tencent in China, and wants to build artificial general intelligence. It’s a sign of a shift in the U.S.-China tech race. AI with human-level or above … Read more
A circuit board displayed inside the Texas Instruments (TI) semiconductor wafer plant in Sherman, Texas, US, on Wednesday, Dec. 17, 2025. Desiree Rios | Bloomberg | Getty Images Asian tech shares on Friday tracked losses in U.S. chip stocks after a downbeat earnings report from Broadcom sparked a rotation out of artificial intelligence-linked names into … Read more
A pedestrian walks past an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo on March 23, 2026. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets were set to open mixed Friday after a rotation out of chip stocks on Wall Street lifted the Dow Jones Industrial … Read more
Nearly 40 ships previously stranded in the Persian Gulf have exited through the Strait of Hormuz over the past three weeks as vessels quietly coordinate with the U.S. Navy, according to Lloyd’s List Intelligence. Some shipowners are submitting their transit plans to the Naval Cooperation and Guidance for Shipping group in Bahrain, said Richard Meade, editor-in-chief … Read more