General

Oil Prices Fall as US-Iran Pause Raises Hopes for Renewed Talks

Baghdad: Oil prices fell sharply on Monday after a pause in hostilities between the United States and Iran boosted hopes for a return to ceasefire efforts and negotiations over the Strait of Hormuz. Brent crude dropped more than 7% at one point, brief…

Infantino Urges Critics to Reflect Instead of Spreading Rumors

Zurich: Fifa president Gianni Infantino has issued a strong statement to his critics, suggesting they “meditate, pray or watch a football match” rather than “spreading hate and false rumors” about his leadership and the World Cup. In a 15-slide post s…

Shein Faces $99 Million Loss Amidst Impact of Trump Tariffs

Singapore: Shein has reported a significant financial downturn as the fast-fashion company faces a $99 million loss in the first quarter, a stark contrast to its $395 million net income during the same period last year. This decline comes after the re…