Coin Press - News from the crypto market around the clock in six languages

A South Korean court ordered an AI chip-manufacturing tycoon on Friday to make a trimmed-down $644 million divorce payment to his former wife.

Volkswagen said Friday that its net profit plunged in the second quarter as the crisis-hit carmaker, weighing up to 100,000 job cuts worldwide, grapples with increasing competition in and from China.

Leaders of India's youth-led "Cockroach" movement said they would meet the government on Friday after Prime Minister Narendra Modi pledged legal reforms and swift punishment for those involved in exam paper leaks.

Asian markets sank Friday to track a selloff on Wall Street as world markets are battered by a perfect storm of the resurgent Middle East war, a spike in oil prices back past $100 and worries about the AI investment boom.

Over 80 percent of Mexican exports to the United States will be exempt from a new round of tariffs announced by Washington, Mexican Economic Secretary Marcelo Ebrard said Thursday.

US President Donald Trump is under pressure to respond to the increasing success of Chinese AI models that many companies prefer to the more powerful, but pricier, US versions from Anthropic or OpenAI.

The combined product portfolio delivers turnkey data center solutions.

Rosalia's Argentine fans are furious with the Spanish superstar over a reshared social media post they considered offensive after the country's painful World Cup final loss.

The World Bank on Thursday confirmed that it plans to phase out its lending to China by 2031, according to the organization's new country partnership framework (CPF) for the world's second-largest economy.

The United States said Thursday that it would impose new tariffs on 60 trading partners over forced labor concerns, replacing an expiring global duty rolled out by President Donald Trump earlier this year.

Airbus and Boeing presented differing outlooks for their commercial aircraft in coming years, as the aviation sector gathered near London for this week's Farnborough airshow.

NATO countries have agreed a 27-billion-euro overhaul of their fuel network to supply forces in Europe in coming decades, in a move Romania hailed on Thursday as "essential" for security.

Oil prices surged past $100 a barrel on Thursday as Iran-backed Houthi rebels targeted Red Sea shipping and threats by US President Donald Trump to strike them in return sent equity markets slumping.

American Airlines lowered its annual profit outlook Thursday, hitting shares while the carrier pointed to swelling jet fuel costs as a negative counterweight to healthy travel demand.

In normal times, La Mar Suites is buzzing with tourists drawn to the crystal beaches, mangroves and wildlife of northern Venezuela.

Nigeria's Dangote mega-refinery Thursday said it has secured $2.5 billion in investment from private investors to fund its expansion plans, as it widens its refining business to east Africa.

Oil prices surged to $100 a barrel on Thursday as Tehran-backed Houthi rebels targeted Red Sea shipping and US President Donald Trump threatened to strike them in return.

Coal-fired power generation is set to increase in 2026, driven by supply difficulties and soaring natural gas prices linked to the war in the Middle East, the International Energy Agency said Thursday.

This has been a banner year for stock listings, thanks largely to AI firms, but the massive size of the operations raises questions about whether the markets can continue to absorb them.

British star Robert Pattinson's latest film, "Oasis" brothers Noel and Liam Gallagher, as well as a four-hour documentary about Elon Musk are all set to feature at the Venice Film Festival this year in September.

The European Central Bank on Thursday kept its key deposit rate unchanged at 2.25 percent and said it was "closely monitoring" the inflationary impact of the Middle East war amid fresh fighting.

Foreign ministers from fuel-stressed Southeast Asia called for freedom of navigation in international straits on Thursday as they wrapped a week of meetings largely overshadowed by the US-Iran war.

MEXC, a pioneer in 0-fee digital asset trading, has concluded its 40-day "Kickoff Fest" trading event, which ran from June 11 to July 21, 2026 (UTC). During the event, the top individual reward reached 27,352 USDT, with the event attracting 289,088 participants across 101 countries and regions.

Main oil contract Brent North Sea surged toward $100 a barrel on Thursday as Tehran-backed Houthi rebels targeted Red Sea shipping, raising fears that the Middle East war is widening.

British airline EasyJet, the target of a multi-billion-pound takeover battle, said Thursday that profits plunged in the third quarter as the Middle East war sent jet fuel prices soaring.

Swiss giant Nestle said Thursday that it will create a joint venture for its bottled water business, which includes top-selling brands such as San Pellegrino, Source Perrier and Acqua Panna.

Finnish telecommunications equipment maker Nokia said that demand for its AI and cloud services drove sales higher in the second quarter, but restructuring charges ate into earnings.

More than 450 people received hospital treatment for heat-related issues in a single day in Tokyo -- the highest number since records began 16 years ago, emergency services said Thursday.

Spanish energy giant Repsol said Thursday it net profit in the first half of the year more than tripled, boosted by a surge in oil and gas prices due to the Middle East conflict.

French auto giant Renault said Thursday that global sales stalled in the first six months of the year, held back by weaker Dacia sales in Europe.

French oil and gas giant TotalEnergies said Thursday net profit doubled in the second quarter as conflict in the Middle East pushed up hydrocarbon prices.

British no-frills airline EasyJet said Thursday that its profit tumbled in the third quarter as the Middle East war sent jet fuel prices soaring and dampened customer demand.