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Oil climbs following renewed US, Iran strikes in Middle East

Oil prices rose on Monday following days of tit-for-tat strikes by the United States and Iran in the Middle East that underscored the fragility of their interim peace deal and again slowed energy shipping in the Strait of Hormuz.Brent crude futures ICEEUR:BRN1! climbed 50 cents, or 0.69%, to $72.49…

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Futures

Energy firms step up Australian exploration

Australia, the world's No. 2 liquefied natural gas producer, is experiencing an uptick in spending on energy exploration, driven by domestic gas demand, a more favourable investment climate and improving technology.Below is a roundup of where drilling is focused, with contingent resource estimates…

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StocksAU
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Venezuela quake death toll nears 1,500 as rescue work goes on

By Vivian SequeraRescue teams raced on Sunday to find more survivors of the two powerful earthquakes that struck Venezuela this week, with signs of life bringing occasional relief to a grim quest to whittle down a list of tens of thousands missing.The death toll from Wednesday's twin earthquakes ne…

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UK's likely next leader Burnham to unveil plan to shift power from London

Andy Burnham, the Labour lawmaker expected to replace Keir Starmer as British prime minister, will outline his vision for Britain on Monday, his office said, promising to change how the nation is governed with power moving from London to the regions.Burnham, who returned to Westminster earlier this…

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Economy
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Volkswagen plans to end automated driving tie-up with Bosch, Bild reports

German carmaker Volkswagen XETR:VOW plans to end its automated driving tie-up with auto supplier Bosch as part of a wider push to cut costs and boost competitiveness, Germany's Bild newspaper reported on Sunday, citing multiple sources.The Bosch partnership was launched in 2022 with Volkswagen's so…

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StocksDE
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Williams in talks on $5.5 billion deal for Momentum Midstream, Bloomberg reports

U.S. pipeline operator Williams NYSE:WMB is in advanced talks to acquire rival natural gas pipeline operator Momentum Midstream for about $5.5 billion, Bloomberg News reported on Sunday, citing people familiar with the matter.The Tulsa, Oklahoma-based company is putting the finishing touches on an…

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StocksUS
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Volkswagen plans to end automated driving tie-up with Bosch, Bild reports

German carmaker Volkswagen XETR:VOW plans to end its automated driving tie-up with auto supplier Bosch as part of a wider push to cut costs and boost competitiveness, Germany's Bild newspaper reported on Sunday, citing multiple sources.The Bosch partnership was launched in 2022 with Volkswagen's so…

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StocksDE
NEWS reuters

Trump-backed Senate candidate wins Republican primary in Louisiana

By Katharine JacksonU.S. Representative Julia Letlow has won the Republican nomination for Senate in Louisiana, according to state election results, capitalizing on an endorsement from President Donald Trump after defeating a sitting senator who has repeatedly drawn the president's ire.In a runoff…

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NEWS reuters

French loyalists set to top delayed New Caledonia vote, preliminary results show

New Caledonia's non-independence coalition won the most seats of any single grouping, 24 out of 54 available, preliminary results released by officials showed, in long-delayed provincial elections which were held amid tight security on Sunday.The outcome of the elections, delayed since 2024 after N…

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NEWS reuters

Housing bill will be sent to Trump on Monday, US House speaker says

By Katharine JacksonU.S. House of Representatives Speaker Mike Johnson said on Sunday he would send a bipartisan housing affordability bill to Donald Trump on Monday, days after the Republican president refused to sign the bill until a divisive voting rights measure was passed."It's passed by both…

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NEWS reuters

Thirty-three people rescued, thousands still missing after Venezuela quakes

By Vivian SequeraThirty-three people have been rescued so far this weekend after Venezuela's devastating twin earthquakes, the country's interim president said, including several children, while tens of thousands remained unaccounted for with time for finding additional survivors running short.The…

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NEWS reuters

Iraq detains politicians, officials in anti-corruption crackdown

Iraqi security forces arrested politicians and senior officials early on Sunday as part of a broader anti-corruption campaign ordered by Prime Minister Ali al‑Zaidi, a government spokesperson said.Elite Counter Terrorism Service units raided homes inside Baghdad's heavily fortified Green Zone in ov…

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