Oil tumbles, stocks gain on US-Iran deal hopes

World stocks edged higher on Friday while ​oil prices slid and headed for a weekly drop as traders awaited clarity on efforts to reopen the Strait of Hormuz and extend a US-Iran ce…

Anthropic nears trillion-dollar valuation

SAN FRANCISCO: Artificial intelligence company Anthropic said on Thursday it had raised $65 billion in a new funding round that values the Claude maker at $965 billion, more than i…

Muslim faithful leave Mecca after hajj

Mecca, Saudi Arabia: Thousands of Muslims began to leave the holy city of Mecca on Friday after having completed the hajj pilgrimage in scorching heat and despite the shadow of war…

MINA STONING RITUAL

A pilgrim casts a stone at a pillar symbolising Satan on the second day of the stoning ritual, during the annual Haj pilgrimage in Mina, Saudi Arabia. – Reuters

60-DAY US-IRAN TRUCE DEAL AWAITS TRUMP NOD

The US and ​Iran have reached an agreement ​on a memorandum of understanding to extend their ceasefire for 60 days, but US President Donald Trump has yet to approve it, four source…

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