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UAE quits OPEC, raising questions over future oil price control
UAE quits OPEC, raising questions over future oil price control

FRANKFURT, Germany: The United Arab Emirates' decision to leave OPEC marks one of the most significant shifts in the global oil market...

Investors press Alphabet on oversight of AI, cloud contracts
Investors press Alphabet on oversight of AI, cloud contracts

LONDON, U.K.: A group of Alphabet shareholders is stepping up pressure on the company to clarify how it monitors the use of its cloud...

Dow Jones soars 790 points as U.S. markets reach for sky
Dow Jones soars 790 points as U.S. markets reach for sky

NEW YORK, New York - North American stock markets closed sharply higher on Thursday, delivering broad-based gains as investors returned...

Many Swiss want population capped at 10 million, restrict outsiders
Many Swiss want population capped at 10 million, restrict outsiders

ZURICH, Switzerland: An upcoming referendum that would limit Switzerland's population to 10 million is gaining support from a slim...

Blue Owl faces lawsuit alleging excessive fees, valuation issues
Blue Owl faces lawsuit alleging excessive fees, valuation issues

LONDON, U.K.: A shareholder in a Blue Owl Capital private credit fund has filed a lawsuit accusing the firm's investment adviser of...

Europe faces jet fuel squeeze as Middle East supplies halt
Europe faces jet fuel squeeze as Middle East supplies halt

LONDON, U.K.: Europe is facing growing concerns over jet fuel supply as shipments from the Middle East, its largest external source,...

California

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Amazon unveils AI recruiters, bets on ‘human-like’ software
Amazon unveils AI recruiters, bets on ‘human-like’ software

SAN FRANCISCO, California: Amazon is accelerating its push into artificial intelligence with new tools designed to automate large-scale...

OpenAI frees cloud strategy, loosens Microsoft ties
OpenAI frees cloud strategy, loosens Microsoft ties

SAN FRANCISCO, California: OpenAI is loosening its long-standing exclusive arrangement with Microsoft, allowing the ChatGPT maker to...

OpenAI feud heads to trial as Musk challenges Altman
OpenAI feud heads to trial as Musk challenges Altman

OAKLAND, California: A courtroom battle between Elon Musk and Sam Altman is set to put one of Silicon Valley's most influential partnerships...

Musk tempers robotaxi timeline as Tesla rollout lags plans
Musk tempers robotaxi timeline as Tesla rollout lags plans

LOS ANGELES, California: Tesla's long-promised robotaxi expansion is progressing more slowly than expected, with CEO Elon Musk adopting...

AI boom lifts Intel stock as demand for CPUs outpaces supply
AI boom lifts Intel stock as demand for CPUs outpaces supply

SAN FRANCISCO, California: Intel shares surged sharply after the chipmaker reported unexpectedly strong demand for its processors,...

U.S.-GAS PRICES-RECORD HIGH
U.S.-GAS PRICES-RECORD HIGH

(260501) -- LOS ANGELES, May 1, 2026 (Xinhua) -- Gas prices are displayed at a gas station in Alhambra, Los Angeles County, California,...