Oil prices fall as markets await US Iran talks
Brent crude drops 1.5%,to $68.75 a barrel , while U.S. West Texas Intermediate crude also slips 1.5% to $67.10
Pakistan-Russia rail service to begin June 22, Russia eyes PSM investment
Pakistan Railways signs MoU with Punjab IT Board for digitalisation push
Binance opens crypto trading to users in Syria after U.S. lifts sanctions
Trump says the decision was made at the request of Saudi Arabia, which had pushed for the change
China-backed militia secures control of new rare earth mines in Myanmar
China relies on Myanmar for rare earth imports but had recently faced some supply challenges
China confirms trade deal with US, says both sides must follow trade consensus
China’s foreign ministry spokesperson Lin Jian says that the country had always honored its commitments
London-bound Air India Dreamliner crashes near Ahmedabad with 242 onboard
The aircraft reportedly reached an altitude of about 825 feet before it began to descend and went down
Trump willing to extend trade talks deadline but believes it won’t be necessary
Trump says letters would soon be sent to other countries laying out trade terms, which they could accept or reject
U.S. budget deficit narrows to $316 billion in May as customs receipts surge on new tariffs
Tariff-driven customs duties hit record $23 billion; year-to-date deficit climbs to $1.365 trillion
Gulf markets close mixed amid stalled U.S.-China trade progress
Saudi index ends flat post-Eid; ADNOC Gas and Qatar Gas Transport lift Abu Dhabi, Qatar markets
Nvidia and Perplexity partner to support local AI firms in Europe and Middle East
Nvidia will support AI model makers in France, Germany, Italy, Poland, Spain and Sweden to build models in local languages
Lawsuit claims Musk’s actions hurt Tesla owners’ reputations
A group of Tesla owners in France is taking legal action against the carmaker, seeking to end their lease contracts and recover legal costs
Amazon signs nuclear energy deal with Talen Energy
The deal provides Talen with a steady revenue stream while supporting Amazon’s goal to use more carbon-free energy for its AI and cloud operations
Meta and TikTok challenge EU supervisory fee in court
The companies say the EU supervisory fee is unfair and based on unclear and inaccurate calculations
Nvidia to build first industrial AI cloud platform in Germany
The system will support carmakers like BMW and Mercedes-Benz in areas such as product design simulation and logistics management
Dollar falls after U.S. core inflation rises less than expected
Dollar declines 0.3% to 144.44 yen, while euro gains 0.4% to $1.1470