The deal will see US companies benefit from a "side-by-side" solution under which they will only be taxed at home, on both domestic and foreign profits, the G7 said in a statement released by Canada, which holds the group's rotating presidency.

The main international and US oil contracts briefly bounced off their lows as Israel and Iran accused each other of breaking the ceasefire, but  then fell around five percent after Trump berated the two countries in an expletive-laced outburst.

No casualties reported in the attack that came a day after the US attacked three key nuclear facilities in Iran. Saudi Arabia and UAE have condemned Qatar strikes, which led to a more than 6 percent fall in oil prices.

British Airways cancelled flights between London's Heathrow Airport and Dubai and Doha on Sunday following the US strikes on Iran. Air France halted flights to Saudi Arabia and the United Arab Emirates until at least Tuesday inclusive, the airline said.

US stocks edged higher while European markets retreated and Asian equities were mixed, with markets keeping a close eye on whether Iran will block the crucial Strait of Hormuz, which carries one-fifth of global oil output. When trading opened on Monday, international benchmark crude contract Brent and US equivalent WTI...

The US military says the GBU-57 -- also named Massive Ordnance Penetrator -- is designed to penetrate up to 200 feet (60 meters) underground before exploding. This differs from missiles or bombs that typically detonate their payload near or on impact.

Iranian Foreign Minister Abbas Araghchi told reporters in Istanbul the United States and Israel had "crossed a very big red line," asserting Iran would continue to defend itself "by all means necessary."

Iran's former arch-rival in the region, Saudi Arabia, which has been engaged in a Chinese-brokered détente with Tehran since 2023, expressed "great concern" over the attacks. Gulf countries have been engaged in a diplomatic frenzy for solutions since Israel launched its air campaign on their neighbor Iran on June 13.

Dozens of US military aircraft are no longer on the tarmac at a major US base in Qatar, satellite images show - a possible move to shield them from eventual Iranian air strikes, as Washington weighs whether to intervene in Tehran's conflict with Israel.

As most currencies in the region are pegged to the US dollar, monetary policy follows the decisions taken in Washington, with policymakers opting to lock the rate at the level it has been since December.

Khamenei's speech came six days into the conflict, with US president Donald Trump saying he may or may not intervene in the conflict, while demanding Iran's "unconditional surrender".

Washington, United States - The US central bank is expected to hold interest rates steady Wednesday after its key policy meeting, as officials gauge the impact of tariffs on inflation -- and despite President Donald Trump's calls for rate cuts. The Federal Reserve has kept the benchmark lending rate unchanged...

Washington, United States - The United States still hopes to hold talks Sunday with Iran, even after Israel launched a massive attack on the Islamic republic, a US official said. "We still intend to have talks Sunday," the official told AFP on condition of anonymity. The official had no further...

Like the text blocked by Washington to protect its Israeli allies, the draft resolution before the General Assembly calls for "an immediate, unconditional and permanent ceasefire." It also demands "the immediate and unconditional release of all hostages" seized during the unprecedented Hamas attack inside Israel on October 7

Trump said on his Truth Social platform that China would supply rare earth minerals and magnets -- vital elements for American industries -- while Washington would allow Chinese students to remain in US universities.

After a round of talks in Geneva last month, the United States and China will sit down at the negotiating table in London on Monday to attempt to preserve a fragile truce on trade, despite simmering tensions.

New York, United States -- US airlines and aerospace manufacturers insist they have no use for tariff protections, warning that the proposed Trump administration levies could eat into the healthy trade surplus the sector has enjoyed for more than 70 years. At the request of President Donald Trump, Commerce Secretary...

Tehran, Iran -- Iran's parliament speaker said on Sunday that the latest US proposal for a nuclear deal does not include the lifting of sanctions, state media reported as negotiations appear to have hit a roadblock. The two foes have held five rounds of Omani-mediated talks since April, seeking to...

Tehran, Iran - Tehran denounced on Saturday the US travel ban on Iranians and citizens of 11 other mostly Middle Eastern and African countries, saying Washington's decision was a sign of a "racist mentality". US President Donald Trump signed on Wednesday an executive order reviving sweeping restrictions that echo his...

Russian and Ukrainian officials will meet Monday in Istanbul to exchange their plans for how to end the three-year war, Europe's largest conflict since World War II, after Kyiv says it struck dozens of strategic bombers parked at airbases deep in Russia.

"At least 10 Palestinians were killed and more than 100 others... were wounded due to gunfire from Israeli vehicles towards thousands of citizens" approaching the US aid site west of Rafah, in the southern Gaza Strip, civil defense spokesman Mahmud Bassal said.

The agreement was sealed at the presidential palace in Damascus in the presence of interim President Ahmed al-Sharaa and US ambassador Thomas Barrack. It aims to generate 5,000 megawatts. Syrian Energy Minister Mohammad al-Bashir called it a "historic moment" and a "turning point" for the country's shattered infrastructure.

Washington, United States - The US will no longer recommend Covid-19 vaccines for children and healthy pregnant women, Health Secretary Robert F. Kennedy Jr. announced Tuesday, calling it a "common sense" decision grounded in sound science. The change follows last week's announcement by Food and Drug Administration officials that they...

The issue has come into focus in recent weeks, with Iran staunchly defending its right to enrich uranium as part of what it says is a civilian nuclear programme, while the United States wants it to stop.

The Organization of the Petroleum Exporting Countries and their allies - collectively known as OPEC+ - have justified their change in strategy by citing "current healthy market fundamentals, as reflected in the low oil inventories".

Damascus, Syria -- Syria's new authorities have agreed to help the United States locate and return Americans who went missing in the war-torn country, a US envoy said on Sunday. "The new Syrian government has agreed to assist the USA in locating and returning USA citizens or their remains," US...

The interior ministry restructure includes reforms and creating "a modern civil security institution that adopts transparency and respects international human rights standards".

The move was formalised Friday after being announced by Trump on a Gulf tour this month during which he shook hands with Syria's interim President Ahmed al-Sharaa

Tehran, Iran - Long-time adversaries Iran and the United States held a fifth round of Oman-mediated nuclear talks on Friday in Rome, but with no breakthrough reported. However, both sides still described the meeting as constructive and expressed a willingness to continue the discussions. Here are some of the main...

US Defense Secretary Pete Hegseth has accepted the Boeing 747 that the Gulf emirate of Qatar offered to President Donald Trump for use as Air Force One, the Pentagon said Wednesday.

Abu Dhabi, UAE --  Emirates Global Aluminum, the largest ‘premium aluminum’ producer in the world, today announced the progression of plans to develop the first new primary aluminum production plant in the United States of America since 1980. The plant is expected to have a production capacity of 600 thousand...

Washington, United States -- No corner of Earth is untouched. From Tibet to Antarctica, so-called "forever chemicals" have seeped into the blood of nearly every living creature. Tainting food, water and wildlife, these toxic substances have been linked to ailments ranging from birth defects to rare cancers. Yet if it...

The Israeli military said Saturday it had launched "extensive strikes" as part of a fresh offensive in Gaza, after rescuers reported 100 people killed in the besieged Palestinian territory.

The S&P 500 has risen the last four sessions, extending the positive momentum after last weekend's trade talks resulted in both the United States and China lowering tariffs on each other for 90 days.

Jerusalem, Undefined -- US President Donald Trump's decision to skip over Israel in his Middle East tour was just the latest sign of a shifting dynamic between the historic allies. From nuclear talks with Iran, a ceasefire deal in Yemen and the announcement of lifting sanctions on Syria, Trump has...

Iranian Foreign Minister Abbas Araghchi said Thursday that Tehran has no objection to US companies operating in the country, including in the oil and gas sector.

The Istanbul meeting follows Foreign Minister Abbas Araghchi's warning of "irreversible" consequences if the European powers move to reimpose United Nations sanctions on Iran that were lifted under a 2015 deal.

After the first meetings between Washington and Beijing since Trump ratcheted up his trade war, the world's two biggest economies agreed in a joint statement to bring their triple-digit tariffs down to two figures and continue negotiations.

Turkish President Recep Tayyip Erdogan on Monday urged parties to take advantage of recent contacts to strike a deal toward peace in Ukraine, after speaking with the country's leader.

The US and China will Monday give details of "substantial progress" touted by Washington on trade talks aimed at ending a devastating tariff war launched by US President Donald Trump that has wiped billions off equities and brought chaos to international commerce.

Asian stocks rallied Monday after top Chinese and US officials held "substantial" trade talks at the weekend, fuelling hopes the two sides will dial down a tariff standoff that has rattled global markets and fuelled recession fears.

Poonch, India -  A ceasefire appeared to hold on Sunday between India and Pakistan, hours after the nuclear-armed rivals accused each other of violating a truce that brought them back from the brink of all-out war. The ceasefire was agreed on Saturday after four days of missile, drone and artillery...

Washington expressed optimism at the end of a weekend of trade talks with China aimed to de-escalate trade tensions sparked by President Donald Trump's aggressive tariff rollout.

Iran and the United States wrapped up nuclear talks in Oman on Sunday with no apparent breakthrough in a public standoff over enrichment, but with both sides confirming plans for future negotiations.

Geneva, Switzerland - US President Donald Trump hailed a "total reset" in US-China trade relations, ahead of a second day of talks Sunday between top officials from Washington and Beijing aimed at de-escalating trade tensions sparked by his aggressive tariff rollout. In a Truth Social post early Sunday, Trump praised...

Iran's Foreign Minister Abbas Araghchi said ahead of Sunday's meeting that "the negotiations are progressing and, naturally, the further we go, the more consultations and considerations we need" and the more time is required "to review the issues raised".

Geneva, Switzerland - Senior US and Chinese officials were meeting in Geneva Saturday in what Chinese state media described as an "important step" towards resolving the trade war sparked by President Donald Trump's sweeping tariffs. US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer were holding talks with...

Washington, United States - President Donald Trump said Sunday he was ordering new tariffs on all films made outside the United States, claiming Hollywood was being "devastated" by a trend of US filmmakers and studios working abroad. The announcement comes as the White House is coming under mounting criticism over...

Los Angeles, United States - A cat that fell alongside a couple into a 115-meter-high canyon was the only survivor of the incident in the western United States, an animal protection organization said Thursday. The feline "was found in a black soft-sided carrier that was dirty and torn, but seemed...

The United States said Wednesday it was imposing sanctions on seven companies involved in selling Iranian oil, tightening pressure despite new nuclear talks between the adversaries.