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Canada's central bank held its key lending rate at 2.25 percent on Wednesday, but warned it may need to act if inflation caused by the Middle East war persists.

President Donald Trump warned Tehran on Wednesday that it should "get smart soon" and capitulate to Washington's demands for tight controls on its nuclear programme, as a US naval blockade turned the screws on Iran's economy.

The US Federal Reserve is widely expected Wednesday to keep interest rates unchanged for a third straight meeting, likely the last with chairman Jerome Powell at its helm.

King Charles III will attend a wreath-laying ceremony at the 9/11 memorial in New York on Wednesday, the third day of a state visit focused on healing strained ties between Britain and the United States.

German inflation jumped to its highest level in over two years in April as the Middle East war triggered a surge in energy costs, official data showed Wednesday.

Swiss banking giant UBS on Wednesday reported that net profit rose a better-than-expected 80 percent to $3 billion in the first quarter, lifted by its investment banking arm.

European stocks slipped as oil prices surged Wednesday, with investors digesting a wave of corporate earnings and awaiting the US Federal Reserve's latest interest rate decision.

German premium automaker Mercedes-Benz warned Wednesday that a drawn-out conflict in the Middle East could cause shortages of key inputs as it reported tumbling quarterly profits due to fierce Chinese competition.

Finnish lift maker Kone on Wednesday announced the acquisition of its German rival TKE in a huge share-and-cash deal valuing TKE at 29.4 billion euros ($34.4 billion) to create a global giant.

A fishing boat glides quietly across the waters of Iraq's southern marshes, sending gentle ripples shimmering over the once-parched wetlands, now revived by long-awaited rains.

German sportswear giant Adidas on Wednesday reported strong growth in quarterly profits as sales rose in key markets, but warned of a "very volatile" and highly competitive retail environment.

French oil and gas giant TotalEnergies said Wednesday net profit rose 51 percent in the first quarter to $5.8 billion, boosted by higher oil prices linked to the war in the Middle East.

Oil prices rose Monday as talks to end the Iran war appeared to be at a standstill and the crucial Strait of Hormuz no nearer being reopened.

King Charles III will use a trip to New York on Wednesday to showcase cultural and economic ties between Britain and the United States at a time when the "special relationship" is under strain.

German premium automaker Mercedes-Benz said Wednesday its first-quarter profit fell by almost a fifth as cutthroat competition in China shakes the world's carmakers.

Europe endured a historic heatwave across Nordic countries, shrinking glaciers and record sea temperatures in 2025 as the fast-warming continent faces more frequent climate extremes, a new report showed Wednesday.

The avocado toasts and baristas making foamy lattes make it look like any other cafe, except at this one, located in a Stockholm residential neighbourhood, artificial intelligence (AI) is running the place.

US Federal Reserve Chair Jerome Powell, a soft-spoken central banker who chooses his words carefully, is perhaps an unlikely candidate to become one of the few figures who have stood up to President Donald Trump.

The Pentagon has arranged a deal to increase its use of Google's artificial intelligence in classified operations, US media outlets reported on Tuesday.

France on Tuesday announced a "first of its kind" plan to phase out coal by 2030, oil by 2045 and gas by 2050 during a global conference aimed at breaking reliance on fossil fuels.

Billionaire Elon Musk took the stand Tuesday to accuse OpenAI and its boss Sam Altman of betraying the AI company's altruistic origins, in a trial that could have far-reaching consequences for the industry and oblige the ChatGPT maker to profoundly revamp its business.

Oil prices jumped on Tuesday to their highest level since the US-Iran ceasefire, pressuring US stocks as lack of progress on an accord to reopen the Strait of Hormuz added to inflation worries.

A special boat carrying a stranded humpback whale whose weeks-long struggle to survive has captured hearts in Germany set off for the open seas on Tuesday evening in a last-ditch rescue attempt.

Britain's King Charles III urged the United States on Tuesday to stand firm with its Western allies, as strains over Iran and Ukraine risk undermining transatlantic ties facing their most serious test in years.

US movie star Ryan Reynolds has jokingly suggested that viewers ought to have a defibrillator nearby while watching the latest 'Welcome to Wrexham' documentary series.

Former NBA player and assistant coach Damon Jones pleaded guilty Tuesday to gambling-related charges, marking the first conviction in a betting scandal that engulfed elite basketball.

More than 50 nations gathered in Colombia launched the first global conference on phasing out fossil fuels Tuesday, warning that the worldwide energy shock ignited by the Iran war drove home risks of relying on oil, gas and coal.

Airbus said Tuesday its first-quarter profit fell as it delivered fewer planes to customers, falling behind rival Boeing for the first time in years.

Elon Musk showed up for opening remarks Tuesday in a courtroom showdown with OpenAI over whether the artificial intelligence company betrayed its non-profit mission.

Concerns are growing that shortages of diesel and jet fuel due to supply problems caused by war between Iran and the United States could ruin summer vacations.

A saffron-robed Buddhist monk ended a gruelling barefoot walk across Sri Lanka on Tuesday with an impassioned appeal for world peace and kindness towards animals.

German rescuers on Tuesday hauled a stranded humpback whale into a special boat due to carry it to deeper waters, in the latest attempt to free the cetacean whose ordeal has captured hearts in Germany for weeks.