Pledges $681m support package to revive tourism, investment and business activity While a preliminary U.S.-Iran peace deal is easing the immediate strains, restoring business confidence in Dubai will take time and may require more incentives, six company leaders and analysts told Reuters. photo: reuters DUBAI: Days after Iran began striking targets across the United Arab…
SAN FRANCISCO: Memory chipmakers have for decades been trapped in boom-bust cycles, with capacity buildouts hitting the market just as demand craters. Micron, Samsung and SK Hynix are now trying to convince investors this time is different, arguing long-term deals will keep cash flowing even if the datacenter boom bursts. Micron said on Wednesday customers…
Rescue personnel of Spain’s Emergency Military Unit, (UME), arrive to Venezuela to provide assistance in rescue efforts after earthquakes hit the country, in Venezuela, June 26, 2026, in this handout image. Spanish Emergency Military Unit. Photo: Reuters Desperate Venezuelans and foreign rescuers raced to find survivors trapped under rubble on Friday after twin earthquakes flattened…
FOXBOROUGH: Ousmane Dembele scored one of the earliest hat-tricks in World Cup history on Friday as the Ballon d’Or winner starred in France’s 4-1 win over a second-string Norway, while Erling Haaland watched on from the bench. Paris Saint-Germain forward Dembele opened the scoring in the seventh minute at the Gillette Stadium near Boston, struck…
TORONTO: Senegal became the first African side to score five goals in a World Cup match, a stunning double by Pape Gueye inspiring them to a 5-0 win over 10-man Iraq in their final Group I match on Friday. Senegal also boosted their chances of progressing to the last 32 as one of the eight…
Bystanders say they saw small plane crash into it, police close off roads around CITIC Tower A man points a mobile phone at CITIC Tower, also known as China Zun, where damage is visible on a high floor of the exterior, in Beijing, China June 26, 2026. Photo: Reuters An aircraft about the size of…
NEW YORK: Top-ranked Scottie Scheffler fired a 10-under par 60 on Friday, seizing the lead and just missing a rare 59 in the second round of the PGA Tour Travelers Championship. Scheffler made 11 birdies against a lone bogey to stand on 16-under 124 after 36 holes and led by two in the $20 million…
Agrees to pay $2.25m fine, with half due within five days of sentencing and the full amount within 90 days Former White House national security adviser John Bolton arrives at the US District Court for the District of Maryland, in Greenbelt, Maryland, US, June 26, 2026. Photo: Reuters John Bolton, a former national security adviser…
The federal government on Friday kept the prices of petrol and high-speed diesel unchanged from the current level for the next week. According to a press release from the Petroleum Division, the petrol price remains Rs299.5 per litre while HSD is Rs311.47. This is despite continuously falling oil prices in the international markets. Crude prices sank…
Accuses Israel of major ceasefire violations, to send response on new proposals to Cairo in coming days The Palestinian group Hamas said Friday that consultations are ongoing with mediators to reach understandings that would ensure the full implementation of the Gaza ceasefire agreement. Discussions are continuing among Hamas, Palestinian factions, and mediators, including Türkiye, Egypt,…