Author: Admin

LONDON :Oil prices oscillated on Monday, touching a five-month high before erasing most gains as oil and gas transit continued on tankers from the Middle East after U.S. airstrikes against Iran at the weekend. Brent crude futures were up 16 cents, or 0.2 per cent, at $77.17 a barrel by 1307 GMT. U.S. West Texas Intermediate crude rose 14 cents, or 0.2 per cent, to $73.98. U.S. President Donald Trump said he had “obliterated” Iran’s main nuclear sites in strikes over the weekend, joining an Israeli assault in an escalation of conflict in the Middle East as Tehran vowed to…

The government’s industrial strategy aims to harness the best of British business, from automotive to video gaming via the City and life sciences, in order to deliver the economic growth on which all else depends. A year in the planning with a 10-year horizon for delivery, in its final months it was hijacked by a very short-term issue; how to give industries battered by the highest electricity prices in the world a chance of competing now, never mind the 2030s. The answer, as reported by Sky News last week, is a significant cut to bills not just for “energy intensive…

Endometriosis is often brushed off as “just painful periods.” But for many women, it’s much more—chronic pain, missed work, years without answers. These things stick in your mind. And for some, a deeper fear lingers: can endometriosis cause cancer? The fear is real and understandable. Endometriosis isn’t cancer. But research shows some ties between this condition and certain cancer risks. That doesn’t mean everyone with endometriosis will get cancer. It does mean that you need to understand the risks and know what to look for. Staying informed gives you control. And it helps you make decisions that protect your body…

Alexi Lalas, Landon Donovan and the “FOX Soccer” crew broke down the 2-1 victory for the United States against Haiti.

Dutch technology investor Prosus reported on Monday a 47 per cent jump in full-year core earnings to $7.4 billion, exceeding its financial targets, driven by its expansion into food delivery and e-commerce. Owned by South Africa’s Naspers, Prosus is transforming from an investment group to a technology company running such services as food delivery, fintech and ride sharing, a change in strategy a BofA analyst said could shift its investment case.Prosus announced in late February an agreement to buy Just Eat Takeaway for 4.1 billion euros ($4.72 billion) to create a “European tech champion” of food delivery.CFO Nico Marais said…

[LONDON] Britain’s populist Reform UK party presented plans on Monday (Jun 23) to offer wealthy, often foreign newcomers a “Britannia Card” to gain exemption from tax on international wealth, income or gains for 10 years for a one-off, £250,000 (S$432,602) payment.The policy draws a new battle line before the next national election with Britain’s governing Labour Party. The government has closed exemptions on so-called “non-doms”, or non-domiciled residents, who have long paid little or no UK tax on money earned overseas. Using a press conference to also criticise the opposition Conservative Party for hiking taxes on voters when it held power,…

Former minister Tulip Siddiq has accused the leader of Bangladesh of conducting an “orchestrated campaign” to damage her reputation and “interfere with UK politics”, according to a new legal letter seen by Sky News. The Labour MP also said comments made by Professor Muhammad Yunus in a Sky News interview have prejudiced her right to a fair investigation, meaning the ongoing corruption inquiries into her should be dropped. In March, the chief adviser – who is effectively the country’s interim leader – told Sky News that Ms Siddiq “has so many (sic) wealth left behind here” and “should be made…

[BANGKOK] Thailand’s Prime Minister Paetongtarn Shinawatra began a Cabinet reshuffle on Monday (Jun 23) as a political and judicial crisis sparked by a leaked phone call threatens to sink her government. The 38-year-old daughter of controversial former PM Thaksin Shinawatra began handing out ministerial posts vacated when her main coalition partner quit last week – a move that nearly took her government down. Paetongtarn, in office for less than a year, is hanging on by a thread, and on top of the party horse-trading she now faces a Constitutional Court case that could see her barred from office. She faced calls to quit…

HE RAN for office bashing members of the Republican Party’s neoconservative wing for drawing the US into costly military quagmires in Iraq and Afghanistan, and vowing not to involve America in “endless wars” in the Middle East and elsewhere.As President Donald Trump insisted before and after taking office, his America-First foreign policy agenda would preclude embroiling the American people in military crusades aimed at “regime change” and “democracy promotion”, and would focus instead on pursuing a prudent non-interventionist policy that reflects core US national interests.Those pledges not only helped Trump get elected, but also energised his political base and members…

BOSTON :U.S. investor and entrepreneur Anthony Pompliano announced on Monday the creation of a new bitcoin treasury company that would hold up to $1 billion of the world’s largest cryptocurrency on its balance sheet.Pompliano said in a statement that his financial services firm ProCap BTC would merge with Columbus Circle Capital I, a special purpose acquisition company, to create ProCap Financial, a bitcoin treasury firm.Several public companies have employed bitcoin treasury strategies, which involves allocating a portion of their cash and reserves toward bitcoin, to replicate the success of software company Strategy, which began accumulating bitcoin in 2020 and now holds more…