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14 IRGC members killed in explosion during ordnance clearance in Iran's Zanjan province: Iranian media

Tehran, May 1 -- 14 members of Iran's Islamic Revolutionary Guard Corps (IRGC) were killed and two others injured in an explosion while carrying out ordnance clearance operations in northwestern Iran,... Read More


Crude Oil Prices Decline Despite Middle East Tensions

India, May 1 -- Crude oil price benchmarks declined from the flatline on Friday despite persisting tensions in the Middle East and disruptions in the Strait of Hormuz. Brent crude oil futures have edg... Read More


Bangladesh signs biggest-ever Boeing deal for 14 aircraft for Biman Bangladesh Airlines fleet expansion

Kuala Lampur, May 1 -- DHAKA, May 1 - Bangladesh yesterday signed a deal with US aircraft manufacturer Boeing to buy 14 planes for its national carrier Biman Bangladesh Airlines, the two sides announc... Read More


ADGM Announces Rokos Capital Management's Abu Dhabi Office Opening Following Authorisation

Punjab, May 1 -- ABU DHABI, UAE, May 1, 2026 /PRNewswire/ - ADGM, the international financial centre of Abu Dhabi, today announced that Rokos Capital Management (RCM) has opened a new office in Abu Dh... Read More


Iran Sends New Peace Deal to US Via Pakistan: What's in it?

India, May 1 -- In a major breakthrough to the bilateral diplomatic impasse, Iran has officially submitted a fresh proposal for negotiations with the United States through Pakistan, aimed at de-escala... Read More


Oil slumps after hitting peak, US indices reach new records

Kuala Lampur, May 1 -- NEW YORK, May 1 - Oil prices struck a four-year high yesterday on worries about a resumption of hostilities in the Middle East, before slumping to end the day. But key US indic... Read More


"Hostilities terminated": Trump calls war powers deadline "totally unconstitutional"; sends formal letter to Congress

Washington DC, May 1 -- US President Donald Trump on Friday (local time) dismissed the 60-day limit imposed under the War Powers Resolution as "totally unconstitutional", signalling that his administr... Read More


JPMorgan asked 'star banker' Viswas Raghavan to leave, Citi hired him for $52 million despite allegations of bullying

India, May 1 -- Viswas Raghavan, a "star banker" who was reportedly told he lacked a future at JPMorgan, secured a role at Citigroup within just three days for $52 million, despite facing allegations ... Read More


President highlights workers as driving force behind economic progress in May Day message

Sri Lanka, May 1 -- President Anura Kumara Dissanayake says that Sri Lanka is marking this year's International Workers' Day at a decisive moment, as the country records significant economic progress ... Read More


UN panel warns Israel's death penalty law marks serious Human Rights regression

New York, May 1 -- The United Nations Committee on the Elimination of Racial Discrimination has warned that Israel's newly adopted "Death Penalty for Terrorists Law" represents a "grave retrogression"... Read More