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Oil back to pre-war levels as Hormuz traffic rebounds, US tries to reassure Gulf allies

U.S. Secretary of State Marco Rubio completed a Gulf tour.

June 25, 2026
News

France sounds alarm as Europe’s deadly heatwave takes its toll

The city mayor told busy Parisians to slow down as large parts of Western ​Europe remained in the grip of a deadly heatwave that has claimed dozens of lives, disrupted power supplies, and shut schools and cultural landmarks.

June 25, 2026
News

Wall Street trading to surge as Russell 1000 index set to add SpaceX, small-cap stocks

Investors expect heavy trading volume on Friday to reflect changes to the Russell indexes, including reclassifications for megacaps like Microsoft ​and the Russell 1000’s “fast-track” addition of SpaceX following the recent IPO.

June 25, 2026
News

China’s carmakers rush to Canada as a ‘practice run’ for US sales

Just two weeks after Canadian Prime Minister Mark Carney announced in January he would allow limited electric-vehicle imports from China, that country’s biggest auto exporter, Chery, held its first meetings in Canada with car dealers.

June 25, 2026
News

Memory serves

Micron, one of the world’s leading memory stocks, reports earnings roughly $5 billion above expectations.

June 25, 2026
News

Palestinians decry Israeli push for control over ancient West Bank sites

An Israeli bill that would extend civil control over ancient sites in the West ​Bank has drawn criticism from Palestinians and Israeli rights groups who say it is tantamount to annexation of occupied land and would expand Jewish settlements.

June 25, 2026
News

Thousands feared dead after two major earthquakes strike Venezuela

The death toll will most likely run into the thousands based on predictive modeling, the U.S. Geological Survey said.

June 25, 2026
News

Morning Bid: Micron puts chips back on the table

A look at the day ahead in European and global markets from Ankur Banerjee

June 25, 2026
News

Iraq to consider all options if OPEC quota is not raised, has weighed exit, sources say

Iraq will be compelled to consider all available options if ​its OPEC quota is not significantly increased, ‌a senior Iraqi oil ministry official told Reuters on Thursday.

June 25, 2026
News

US rate-hike bets hold dollar near 13-month highs

A surging dollar has swept past chart resistance and is heading toward its sharpest monthly gain in almost ​a year on Thursday, as traders bet on a strong U.S. economy propping up short-term interest rates and waited on ‌key inflation data.

June 25, 2026

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