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Global economy under 'major threat' from Strait of Hormuz crisis: IEA chief

The global economy is under "major threat" from the energy crisis caused by the Middle East war and "no country will be immune" to its effects, International Energy Agency chief Fatih Birol said Monday.

Israel launches new strikes on Tehran as Iran takes aim at Gulf sites

Israel launched a fresh wave of strikes on Monday at Iran, which threatened retaliation against vital infrastructure across the Middle East in a war that has plunged the world into its worst energy crisis in decades.

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UK seniors fight loneliness with tea and a tango

All gloom was left outside as pensioners bustled into a room in Liverpool's centuries-old town hall for a tea dance, a lively antidote to getting older in Britain.

Indian rupee hits fresh record low past 90 per dollar

India's rupee fell to a fresh record low of over 90 per dollar Wednesday, extending recent declines, with traders partly blaming the delay in striking a trade deal with the United States.

YouTube says Australia social media ban makes children 'less safe'

YouTube on Wednesday attacked Australia's looming social media ban for under-16s, denouncing the world-first laws as "rushed" and saying they will make children less safe online.

Chinese smart glasses firms eye overseas conquest

In China, AI glasses let the wearer pay in shops with just a glance at a QR code and a voice command, as a growing number of companies look to conquer both growing domestic and overseas markets.

Oman's 10-Year Golden Residency Program Attracts Global Investors Seeking Stability and Long-Term Access

Built for investors who value certainty, global access, and long-term confidence.

Caldwell Expands Global Financial Services and Real Estate Capabilities with Addition of Ben Sturnham as Partner

LONDON, UK AND TORONTO, ON / ACCESS Newswire / December 3, 2025 / Retained executive search firm Caldwell (TSX:CWL)(OTCQX:CWLPF) today announced the addition of Ben Sturnham as a Partner in the firm's Financial Services and Real Estate practices. Based in London, Sturnham advises clients on board and C-suite recruitment across the full breadth of the real estate, financial services, and real estate finance sectors in the UK, Europe, and the Middle East. With more than two decades of global experience in executive search, leadership assessment, and organizational development, Sturnham is known for helping investors, lenders, and operators build high-performing leadership teams.

San Francisco sues producers over ultra-processed food

San Francisco is suing makers of the ultra-processed food that health experts say has led millions of Americans into obesity during decades of over-consumption, the city said Tuesday.

Tech boss Dell gives $6.25bn to 'Trump accounts' for kids

Computer tycoon Michael Dell and his wife Susan said Tuesday they were giving $6.25 billion to children's trust funds under a scheme set up by US President Donald Trump.

Trump hints economic adviser Hassett may be Fed chair pick

US President Donald Trump on Tuesday hinted that he wants to nominate his chief economic adviser Kevin Hassett to replace outgoing Federal Reserve Chairman Jerome Powell next year.

Putin and US negotiators hold high-stakes Ukraine talks in Moscow

Top US negotiators vying to end the war in Ukraine met with Russian President Vladimir Putin on Tuesday in high-stakes talks happening as Moscow pressed battlefield advances.

Faberge's rare Winter Egg fetches record £22.9 mn at auction

Faberge's The Winter Egg, considered one of his most beautiful creations, sold for nearly £23 million ($30 million) at auction Tuesday in London, smashing the sales record for the legendary jeweller of Imperial Russia.

Amazon unveils new AI chip in battle against Nvidia

Amazon Web Services launched its in-house-built Trainium3 AI chip on Tuesday, marking a significant push to compete with Nvidia in the lucrative market for artificial intelligence computing power.

Zelensky calls for peace, Putin defiant ahead of US-Russia talks

Donald Trump's son-in-law and special envoy headed to the Kremlin Tuesday for high-stakes talks on Moscow's offensive in Ukraine, as Ukrainian President Volodymyr Zelensky called for an end to the fighting and a "dignified peace".

Prada completes acquisition of flashy rival Versace

Italian fashion group Prada announced on Tuesday it had completed its acquisition of smaller rival Versace, announced earlier this year for 1.25 billion euros (now $1.45 billion).

Asterix in Germany: France's irrepressible Gaul to conquer neighbour

A theme park based on the beloved French comic strip series Asterix is to open in Germany, the first time the adventures of the pugnacious Gaul are to be the focus of an attraction outside France, its operator said on Tuesday.

Most markets rise as US rate cut bets temper Japan bond unease

Stocks mostly rose Tuesday following the previous day's stutter as more weak data helped solidify US interest rate cut optimism and tempered nervousness over rising Japanese bond yields.

Samsung unveils first 'special edition' triple-folding phone

Samsung launched its first triple-folding phone on Tuesday, a special-edition product with an eyewatering price tag placing it out of the reach of the average consumer.

Apple AI chief leaving as iPhone maker plays catch-up

Apple on Monday said the head of its artificial intelligence team is stepping down, and the effort is to be led by a veteran engineer from Google and Microsoft.

Pacific island office enabling sanctions-busting 'shadow fleets'

Dozens of oil tankers suspected of smuggling contraband crude for Russia and Iran have been using a beachside office in the tropical South Pacific to cover their tracks, an AFP analysis of sanctions data has revealed.

Ukraine's Zelensky eyes Trump talks after 'progress'

Ukrainian President Volodymyr Zelensky said Monday he expected to discuss "key issues" with Donald Trump as the American-led push to end Russia's war on Ukraine accelerated, with the US president's envoy heading to Moscow.

US to zero out tariffs on UK pharma under trade deal

The United States on Monday exempted British pharmaceuticals from import tariffs under a unique deal which sees the UK increase spending on American drugs by 25 percent.

In contrast to Europe, Tesla sets sales records in Norway

Tesla has sold more cars in Norway in 11 months than any other brand in a whole year, according to statistics published on Monday, in contrast to the rest of Europe where the electric car brand run by Elon Musk has faced headwinds.

Airbus confirms 'quality issue' on A320 panels

European plane-maker Airbus said Monday it had detected a "quality issue" affecting metal panels on its popular A320 passenger jet but the problem was "contained".

UK withdraws loan for Mozambique gas project

Britain's government said Monday it would no longer provide TotalEnergies with a loan for a gas project in Mozambique that the French group halted over a jihadist attack.

Stocks mixed as traders eye US data for Fed signals

Stock markets diverged Monday as investors awaited key US data that could play a role in Federal Reserve deliberations ahead of an expected cut to US interest rates next week.

Zelensky meets Macron to shore up support for Ukraine as Trump optimistic

Ukrainian President Volodymyr Zelensky meets French counterpart Emmanuel Macron in Paris on Monday, seeking to shore up European support as US President Donald Trump expressed optimism of a deal to end Russia's war in Ukraine.

How Australia plans to ban under-16s from social media

Australia will soon ban under-16s from the likes of Facebook and TikTok, a world-first move of huge interest to all those worried about the harms of social media.

Asian markets mixed as traders eye US data ahead of Fed decision

Asian equities were mixed Monday with investors awaiting the release of key US data that could play a role in Federal Reserve deliberations ahead of an expected interest rate cut next week.

Trump officials host crucial Ukraine talks in Florida

US Secretary of State Marco Rubio kicked off high stakes talks with a Ukrainian delegation in Florida on Sunday, as the United States pushes to end Russia's war against its neighbor.

OPEC+ reaffirms planned pause on oil output hikes until March

OPEC nations and oil-producing allies reaffirmed Sunday plans to keep current oil output levels unchanged until March, and agreed a mechanism to assess members' maximum production capacity, without giving any details.

Long-lost Rubens 'masterpiece' sells for almost 3 mn euros

A long-lost painting by 17th-century Flemish master Peter Paul Rubens sold at auction in France on Sunday for almost three million euros -- well beyond its asking price.

Kyrgyzstan vote in polls set to hand president more power

Kyrgyzstan began voting Sunday in a snap parliamentary election that featured no formal parties or opposition and that critics say will cement the power of President Sadyr Japarov.

Portugal Colonial - Economy (English)