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Cargo ship hit after Trump insists Iran talks could reopen Hormuz today

An unknown projectile hit a cargo ship in the Strait of Hormuz, a key point of tension in the US-Iran conflict, on Tuesday as President Donald Trump insisted the waterway could reopen within hours.

BP profit soars as Mideast war roils energy prices

British energy giant BP said Tuesday that its net profit more than doubled in the second quarter as the Middle East war roiled oil and gas markets.

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Iran's Guards say tankers exploded from Hormuz mines as US strikes continue

Iran's Revolutionary Guards said Saturday that two oil tankers exploded after hitting mines in the Strait of Hormuz, as the United States and Tehran continued to trade drone and missile strikes.

Leather jacket worn by Nvidia CEO Jensen Huang auctions for nearly $1 mn

A black leather jacket sported by Nvidia CEO Jensen Huang sold for $960,000 at a New York auction on Friday, 16 times higher than the estimated value of $60,000, according to Sotheby's.

Tech share selloff rolls on, oil prices jump on Mideast clashes

Wall Street stocks fell decisively Friday, joining most global markets in retreating on continued weakness in artificial intelligence shares and rebounding oil prices.

Brazil toughens rules on gambling ads as bets explode

Brazil on Friday made it mandatory for gambling advertisements to carry warnings about addiction and money loss, tightening regulations on a sector that has exploded in recent years, dragging many into debt.

France, Germany plan 'roadmap' to tackle China trade imbalances

Paris and Berlin want to come up with a joint "roadmap" by September to tackle China's unfair trade practices, French President Emmanuel Macron said Friday alongside German Chancellor Friedrich Merz.

Tech share selloff rolls on, oil prices climb on Mideast clashes

Tokyo and Taipei stock markets led a fresh selloff of technology shares Friday, as concerns that the sector had been overbought in recent months intensified.

MEXC Adds Five Ondo Tokenized Stocks Spanning Semiconductors to Power Infrastructure

MEXC, a pioneer in 0-fee digital asset trading, has listed five Ondo tokenized stock trading pairs on its spot market in collaboration with Ondo Finance. The five companies span a supply chain that runs from semiconductor and precision component manufacturing to industrial cooling and power infrastructure supporting AI data centers, allowing users to trade these U.S. stocks using USDT on MEXC around the clock, with instant settlement and no traditional brokerage account required.

Tokyo, Taipei lead losses as Asian markets suffer fresh tech rout

Tokyo and Taipei led heavy losses on a glum day for Asian markets Friday, with tech firms once again in the crosshairs as investors cash in following this year's breathtaking rally.

Volvo Cars sees declining sales in 'challenging' environment

Swedish carmaker Volvo Cars on Friday reported a drop in sales in the second quarter, noting a "very challenging environment," but said it expected sales to pick up in the second half of the year.

India launches first hydrogen-powered train in clean energy push

India launched its first hydrogen-powered train Friday, joining a small group of nations testing the technology as part of efforts to decarbonise rail transport and cut dependence on fossil fuels.

China's Moonshot AI chases 'DeepSeek moment' with much-hyped model

A model released Friday by Chinese startup Moonshot AI has fuelled buzz around the country's tech prowess, as experts said it could rival some of the more advanced offerings from US labs.

MEXC May–June Report: 750M+ USDT Futures Insurance Fund & 100% Asset Reserves

MEXC, a pioneer in 0-fee digital asset trading, today released its May–June bimonthly security report, reinforcing its role as a trusted global gateway where security and trust always come first. The audit indicates that MEXC's Futures Insurance Fund surpassed a landmark threshold of 750 million USDT as of June 29, marking a substantial 34% expansion over the preceding reporting period. Concurrently, reserve verification data confirm that the coverage ratios for BTC, ETH, USDT, and USDC all remained safely above 100%, with Bitcoin delivering a reserve ratio of 269.35%.

Petula Clark, 93, hopes real singers will survive the AI tide

Veteran British star Petula Clark hopes artificial intelligence will never be able to replace the warmth and emotion of a real singer.

Startups bet on AI -- and a leaner future

When Eric Lauer needs to hire at Giftory, the online gift-giving platform he runs, he's no longer looking for eager young coders fresh out of college.

Opposition to data centres grows in cramped urban Japan

The more Yoriko Kitagawa learns of a massive data centre to be built near her home in Hino on the outskirts of Tokyo, the more she worries.

Tokyo, Taipei lead heavy losses as Asian markets suffer fresh tech rout

Tokyo and Taipei led losses on a glum day for Asian markets Friday, with tech firms once again in the crosshairs as investors cash in following this year's breathtaking rally.

India's space sector takes off as private rocket readies launch

India has sent spacecraft to Mars and the Moon, put hundreds of satellites into orbit and will in the coming days launch its first privately developed orbital-class rocket.

Taiwan lawmakers to remove legal hurdles for Starlink to operate

Lawmakers in Taiwan are set to approve changes to a law that will open the door for Starlink to operate its satellite internet services on the island, which is seeking to secure its communications in case of a conflict with China.

India's private space industry shoots for the stars

Private companies are reshaping India's space ambitions, building rockets and satellites as the country pushes to capture a bigger share of the global space economy.

Central Asia's unbridled cosmetic surgery boom

After two pregnancies, Diana Tergenbayeva dreamed of a breast lift.

Netflix shares drop on growth worries

Netflix shares dropped as much as 8 percent Thursday after results underwhelmed investors already worried about slowing engagement at the streaming giant.

Pele's World Cup jersey fetches $4.9 million at US auction

A jersey worn by soccer giant Pele in the first World Cup final ever won by Brazil sold for $4.9 million at a US auction on Thursday.

US unveils 25% tariff on certain goods from Brazil, drawing rebuke

An incoming US tariff targeting various imports from Brazil has drawn a rebuke from the Latin American giant, as Washington accused the country of unfair trade practices and policies.

Devastating Asian beetle detected in EU for first time

A tiny Asia-origin beetle that has devastated ash forests in North America has been detected in the European Union for the first time in Hungary and Slovakia, authorities said.

Farnborough to survey the state of Boeing's comeback

Fresh off last week's launch of new production capacity in Washington state, Boeing plans a splashy display of new commercial and defense offerings at next week's Farnborough International Airshow.

Young British hackers jailed for London transport cyberattack

A UK court on Thursday jailed two young men for a 2024 cyberattack on London's public transport operator that exposed the details of millions of customers, in one of Britain's biggest data breaches.

EU tells Google to share search data, open Android to AI rivals

The European Union demanded Thursday that Google share data with other search engines and open up its Android system to rival AI services, but the US giant said the measures would put privacy at risk.

Uber to gobble up Delivery Hero in latest food delivery deal

US ride-hailing giant Uber has struck a 12.7-billion-euro ($14.6-billion) deal to take over German food delivery behemoth Delivery Hero, the latest consolidation in the industry, the companies said Thursday.

US still world's biggest air transport market, but growth slows: data

The United States remained the world's largest air passenger market in 2025, but it recorded the slowest growth among the world's top 10 markets, new industry data showed on Thursday.

Germany's Delivery Hero agrees 12.7-bn-euro takeover by Uber

German food delivery group Delivery Hero said Thursday it has agreed to be taken over by US ride-hailing giant Uber in a 12.7-billion-euro ($14.6-billion) deal.

US unveils new 25% tariff on certain imports from Brazil

The United States announced on Wednesday a new tariff on various imports from Brazil, following a year-long investigation into the Latin American giant's trade and other policies.

Taiwan chipmaker TSMC to invest another $100bn in Arizona fabs

Taiwanese chipmaker TSMC will invest an additional $100 billion in the US state of Arizona, the company said Thursday, as it reported a record quarterly net profit on the back of massive demand for AI hardware.

The Prague Post - Economy (English)