Iran Food Inflation Reaches 115% Amid War and Economic Strain
Food inflation in Iran has surged to 115% year-on-year, hammering households already struggling with the effects of war and economic instability, according to recent reports.
Business
WWE Backlash 2026: Highlights, Controversies, and Asuka’s Uncertain Status
WWE Backlash 2026 delivered high-stakes matches and unexpected drama, including Jacob Fatu's post-match attack on Roman Reigns and ongoing speculation about Asuka's status in the company.
Libya’s Zawiya refinery resumes full operations after clashes
Libya's Zawiya refinery has resumed full operations after being forced to shut down due to heavy clashes on Friday, according to the Azzawiya Oil Refining Company.
James Rodríguez Faces Possible Retirement After 2026 World Cup
James Rodríguez is reportedly considering retirement after the 2026 World Cup, according to AS, after discussing his decision with Minnesota United. The 34-year-old Colombian midfielder has also had limited impact in the MLS, playing just six games with no goals or assists.
Shell Profits Surge $6.92 Billion Amid Iran War Impact
Shell reported a $6.92 billion profit in the first quarter of 2024, driven by soaring oil prices due to the Iran war, according to BBC.
Trump Hopes for Iran Peace Deal as Tensions Ease
Donald Trump's decision to pause 'Project Freedom' sparked optimism for an Iran peace deal, according to BBC. However, the U.S. president quickly tempered expectations with warnings of escalated bombing if no agreement is reached.
France’s Livret A Offers 1.5% Interest, Revolut Eyes Expansion
The French Livret A savings account now offers 1.5% annual interest on the first 22,950 euros deposited, according to www.ocu.org. Meanwhile, fintech firm Revolut seeks banking licenses in France and the U.S. to expand its product offerings, according to Invezz.
Oil Prices Drop, Stock Markets Rise as Iran War Deal Reported
Oil prices dropped and stock markets rose globally after reports of a potential deal to end the war between the US and Iran, according to BBC.
Jeff Bezos Sells His 127-Meter Yacht After Costly Logistics
Jeff Bezos is reportedly selling his 127-meter luxury yacht 'Koru,' valued at around $500 million, due to logistical challenges in accessing major ports. The vessel has caused repeated issues at marinas and events, including the 2025 Monaco Grand Prix and a Costa Rica trip, where the crew had to anchor offshore.
Google DeepMind Workers Vote to Unionize Over Military AI Deals
Workers at Google DeepMind in the UK have voted to unionize, citing concerns over a recent deal between the company and the US military. The move comes amid growing unease among employees about the potential militarization of AI, according to The Guardian.
Shares falter as oil prices remain elevated amid US-Iran tensions
Shares falter as oil prices remain elevated amid US-Iran tensions, with markets reacting to a volatile geopolitical landscape and fluctuating energy prices.
Oil Prices Surge as Violence Flares in Strait of Hormuz
Oil prices surged as tensions flared in the Strait of Hormuz, with Brent crude rising nearly 6 percent to $114.44 a barrel. The US military reported destroying six Iranian boats, while an Iranian source denied the claim, according to Al Jazeera.
Samsung Family Pays Off $12B Inheritance Tax
Samsung’s family has completed a record 12 trillion KRW inheritance tax payment, the largest in South Korea’s history, as the tech giant’s stock surged alongside the Kospi index.
Spirit Airlines Nearly Finished After 34 Years
Spirit Airlines has begun an orderly wind-down after 34 years in operation, according to a statement from its parent company. The airline has not made a profit since 2019 and cited a sharp rise in oil prices and failed merger attempts as key reasons for its collapse.
GameStop Targets eBay with $56B Unsolicited Bid
GameStop has made an unsolicited $56 billion bid to acquire e-commerce giant eBay, a company with a market value nearly four times higher, according to a report from Al Jazeera.