Aramco CEO warns 1 billion barrels lost will slow oil market recovery
- 10-May-2026
DUBAI: The world has lost about 1 billion barrels of oil over the past two months and energy markets will take time to stabilise even if flows resume, Saudi Aramco’s CEO said on Sunday, as shipping disruptions choke traffic through the Strait of Hormuz. “Our objective is simple: keep energy flowing, even when the system […]
UK's Starmer says his government is a 10-year project despite calls to quit
- 10-May-2026
LONDON: British Prime Minister Keir Starmer vowed to fight on, describing his government as a “10-year project” despite mounting calls for him to quit after his party’s drubbing in local elections earlier this week. Starmer’s Labour Party suffered the worst local election losses for a governing party in more than three decades, while the populist […]
British paratroopers lead airdrop onto Tristan da Cunha for suspected hantavirus case
- 10-May-2026
MADRID: British paratroopers have dropped onto Britain’s most remote overseas territory, Tristan da Cunha, along with medics and medical supplies, after a case of suspected hantavirus was confirmed there. A team of six paratroopers and two military clinicians from 16 Air Assault Brigade jumped from an RAF A400M transport aircraft that flew 6,788 km (4,218 […]
Israeli strikes kill three people in Gaza, medics say, testing fragile ceasefire
- 10-May-2026
CAIRO/GAZA: Israeli strikes killed at least three Palestinians in Gaza on Sunday, including two members of the Hamas-run police force, health officials said, in violence that underscored the fragility of a U.S.-brokered ceasefire. Medics said an Israeli airstrike killed one person and wounded two others in the Maghazi refugee camp in central Gaza. The Israeli […]
Aramco Q1 profit jumps 25% as Hormuz risks push pipeline to full capacity
- 10-May-2026
DUBAI: Saudi Aramco reported a 25% jump in first-quarter profit on Sunday, showing its resilience as U.S.-Iran war tensions curtail Strait of Hormuz shipping, with the state oil giant’s East-West crude pipeline running at full capacity to mitigate the impact to supplies. The world’s top oil exporter (2222.SE), earned a net profit of $32.5 billion […]
Swiss Air CEO says no immediate fuel shortage, eyes contingency plans
- 10-May-2026
GENEVA: Swiss International Air Lines has sufficient jet fuel supplies for the next six weeks, its CEO told the NZZ newspaper on Saturday, but is exploring contingencies like “tankering” amid industry warnings of fuel shortages tied to the Iran war. SWISS CEO Jens Fehlinger told the newspaper Neue Zürcher Zeitung that “the forecasts from our […]
Brazil Supreme Court justice suspends bill that ordered early release of ex-president Bolsonaro
- 10-May-2026
SAO PAULO: Brazil Supreme Court Justice Alexandre de Moraes prohibited the implementation of a sharp reduction in the 27-year prison sentence of former President Jair Bolsonaro for plotting a coup after losing the 2022 election, a court document showed on Saturday. Two Brazilian political parties and the press association ABI this week separately challenged the […]
Alibaba to integrate Qwen AI with Taobao, launch agentic shopping, source says
- 10-May-2026
BEIJING: Alibaba is preparing to unveil the integration of its AI platform Qwen and online marketplace Taobao, a move that seeks to drive shopping with conversations rather than keyword searches, according to a source familiar with the decision. The move will enable consumers to browse, compare and purchase items via the Qwen app by chatting […]
All passengers on hantavirus-hit ship considered high-risk contacts, EU health agency says
- 10-May-2026
All passengers on the cruise ship hit by a deadly hantavirus outbreak are considered high-risk contacts as a precautionary measure, Europe’s public health agency said ahead of the ship’s expected anchoring on Sunday off the Spanish island of Tenerife. Passengers without symptoms will be repatriated for self-quarantine via specially arranged transport, not regular commercial flights, […]
US waits for Iran's response
- 10-May-2026
A state of relative calm prevailed around the Strait of Hormuz on Saturday, after days of sporadic flare-ups, as the United States waited for Iran’s response to its latest proposals to end more than two months of fighting and begin peace talks. US Secretary of State Marco Rubio said on Friday that Washington expected a […]