The United Arab Emirates' exit from OPEC has significantly impacted the group's global crude oil output, reducing its share from 35% to 31%. This move, effective May 1, 2026, highlights the UAE's substantial role in the bloc. Meanwhile, regional disruptions due to the Strait of Hormuz closure are escalating, with Iraq, Saudi Arabia, and Kuwait facing major production shut-ins.
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England captain Ben Stokes said he apologised to teammates after he and Gus Atkinson missed the second Test for breaching the team's midnight curfew. Stokes admitted the nightclub controversy overshadowed the debuts of several young players and affected the squad. Cleared of serious misconduct but issued warnings, Stokes stressed accountability, denied any rift with coach Brendon McCullum, and said the team is now fully focused on winning the series decider against New Zealand.
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The post struck a chord with others in tech who've seen similar switches, where rapid hiring was followed by sudden layoffs.
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A Chinese tipster citing supply chain sources claims that the iPhone 18 Pro series will come with main camera upgrades. The leak suggests that the main camera module will be 2mm larger on the iPhone 18 Pro models compared to the previous models. They could come with triple rear camera units comprising three 48-megapixel sensors. The new phones could offer variable aperture.
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Financial infrastructure company OpenPayd has received authorisation under the European Union’s Markets in Crypto-Assets Regulation, allowing it to operate as a crypto asset service provider across the European Economic Area through passporting. The licence, granted by Malta’s financial regulator, comes just days before the bloc’s MiCA transition deadline. The approval enables OpenPayd to expand services such as fiat on-ramp and off-ramp infrastructure for stablecoins across European markets.
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Rockstar Games has finally announced confirmed the price and editions for Grand Theft Auto 6. The game will be available in Standard and Ultimate editions, priced at $79.99 and $99.99, respectively. GTA 6 pre-orders will go live at midnight local time on June 25.
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Amazon on Tuesday announced the planned expansion of its quick commerce business in India. According to the e-commerce giant, the Amazon Now service will be expanded to more than 300 cities across the country in the coming years. Amazon claims its ultra-fast delivery service is the fastest-growing business unit in Amazon India’s history. Additionally, it announced a new delivery associate welfare programme, which focuses on education, insurance coverage, safety, and financial inclusion for workers across its logistics network.
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The violations includedmissing records for overseas transactions, Rs. 3,000 Crore in opaque trade set-offs, a 40% stock mismatch, and share-manipulation involving offshore benamidars.
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Greer said India and the US are actively working towards a trade agreement, although he did not provide a timeline for concluding the talks.
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Sources said Tata Sons is expected to continue as an upper layer NBFC, as the RBI is yet to take a final decision on the company's request for cancellation of its registration.
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India's smartphone and laptop sales are witnessing a slowdown as higher memory prices and supply chain disruptions push up device prices, prompting consumers to either postpone purchases or shift to refurbished products.
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While the quarterly numbers are expected to be exceptionally strong, investors are likely to focus more on Micron's outlook for the current quarter.
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Carrier says the incident involving a Delhi-Amritsar flight on June 22 has been reported to regulators and is under internal investigation.
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Bloomberg Billionaires Index estimates Musk's fortune at $957 billion, down from a peak of $1.32 trillion, as SpaceX shares retreat sharply after their blockbuster Nasdaq debut.
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From ethanol-blended petrol to 'water-blended milk', farmers' symbolic protest targets adulteration amid livelihood concerns.
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