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Over the past week, the conflict between the United States and Iran has gone from a simmering tit-for-tat to something that much more resembles all-out war. US President Donald Trump last week threatened to broaden the war unless Iran stops attacking ships transiting the Strait of Hormuz. In recent days, the US has expanded its targets beyond Iranian coastal sites housing radar and drone facilities to include roads, tunnels, railways, port infrastructure and, according to Iranian media, a desalination plant. Iran has, in turn, expanded its target list across seven countries  in the region, and official media outlets have suggested that major ports in Gulf Arab states may soon be added. Kuwait has borne the brunt of Iranian strikes, with a desalination plant and oil refinery damaged. Jordan too has seen regular barrages. The conflict is at an inflection point. It might give way to yet another round of mediation and negotiation. But to most analysts, that seems unlikely. ...

BRUSSELS, July 20 (Reuters) - Alibaba's AliExpress was hit with a record €550 million ($629 million) fine from the European Union on Monday for ‌failing to tackle sales of illegal, unsafe and counterfeit products on its platform. The fine was the third issued by the European Commission under the EU's landmark Digital Services Act, which requires very large online platforms to do more to counter illegal and harmful content. The Commission charged AliExpress in June last year with ​failing to comply with a DSA requirement to assess and mitigate the risks of dissemination of illegal products. It set an ​October 20 deadline for AliExpress to propose remedial measures, and the company could face further penalties if ⁠the regulator decides in December that they do not comply with the DSA. "This is very dangerous for consumers, unfair for companies ​which are complying with all our rules," EU tech chief Henna Virkkunen told reporters. She pointed to AliExpress...

Football legend Cristiano Ronaldo is reportedly set to retire from international football after 23 years of dedication to his national team. Portugal’s UEFA Nations League match against Wales at the Jose Alvalade Stadium in Lisbon on Thursday, September 24, is expected to be his last appearance wearing Portugal’s jersey. According to sports journalist Mohamed Awaad on his account on X, a Portuguese agent told him that Ronaldo’s match against Wales will be his last dance. Awaad wrote:  “I was talking with a Portuguese agent, and he told me that what he thinks is ‘news’ is that Cristiano Ronaldo will retire internationally after just one appearance with Portugal” “He will play against Wales in the UEFA Nations League; the match will be at Lisbon club stadium, Jose Alvalade,” Awaad stated, citing the Portuguese agent’s statement. Awaad added that the agent’s justification is that the match will take place in the stadium where the star first started, “allowing Ronaldo to b...

July 20 (Reuters) - Five years ago PayPal was a Wall Street favorite and a leader in digital payments. Since then the stock has plunged, ​Apple Pay dominates payment services in the U.S. and PayPal is facing a takeover bid it does not like. What happens next? The company synonymous with digital payments this past week got a  $53 billion offer  to be taken private by upstart rival Stripe and buyout shop Advent International.  PayPal’s board is discussing the bid but believes $60.50 a share is not enough , people familiar with the company said. The board is expected to meet on Monday, said the people familiar with PayPal. It is a comedown for a company that helped to pioneer e-commerce and email-based payments, launching the careers of tech titans Elon Musk and Peter Thiel in the process. Founded in 1998, the San Jose, California, firm was acquired by eBay in 2002 and spun off as an independent company ​in 2015. Continued growth pushed its market value...

FIFA is set to break with football tradition and present World Cup winners’ rings to the champions of Sunday’s final between Argentina and Spain at MetLife Stadium. The American-style hardware will be handed over in a ceremony attended by US President Donald Trump, who is scheduled to present the World Cup trophy itself. While winners’ rings are a time-honoured tradition in American sports, most famously awarded to the NFL’s Super Bowl champions, they represent a radical departure for FIFA, which has historically stuck to classic gold medals. A total of 30 exclusive rings will be made available to the newly crowned world champions. For the public, a further 1,996 replica rings will go on sale to fans looking to own a piece of history. Despite the tournament being co-hosted across North America, President Trump has not attended any of the 102 World Cup matches played so far. He notably missed all of the United States’ fixtures before the host nation was knocked out by Belgiu...

Spain winger Lamine Yamal missed his team’s first training session in New Jersey as preparations intensified for Sunday’s 2026 FIFA World Cup final against Argentina. Spain arrived in New Jersey on Wednesday, a day after defeating France 2-0 in the semi-finals, and held their first training session on Thursday at the New York Red Bulls’ training facility. Yamal was absent from the session alongside Tottenham Hotspur defender Pedro Porro. However, according to AS, both players are still expected to be available for selection when Spain face Argentina at New York New Jersey Stadium. With the World Cup reaching its climax, both finalists are hoping to avoid any late injury setbacks that could derail their quest for the trophy. Below is the latest injury update involving key players. Yeremy Pino (Spain) Crystal Palace winger Yeremy Pino suffered a collarbone injury during Spain’s group-stage match against Uruguay, initially raising fears that his tournament was over. Subsequent...

Work continues over the eagerly awaited fight between Tyson Fury and Anthony Joshua, but Balmoral Promotions' Ezekiel Adamu wants the latter involved in a different all-British heavyweight contest in Nigeria in 2027. Long-standing rivals Fury and Joshua are finally set to share the ring towards the end of this year at Wembley Stadium if an agreement can be reached over a start time in London, after organiser Turki Alalshikh insisted it must begin at 2 a.m. to suit the United States audience. While those negotiations take place in the background, Adamu is working on a big plans of his own as Balmoral Promotions are set to host a show in Lagos on July 31 after staging successful events in 2025. Adamu recently brought out Chris Eubank Jr to Nigeria with the ambition of him headlining in the country in December and Joshua remains a long-term target. Joshua, who has Nigerian heritage, looked set to fight there earlier this year before he was involved in a fatal car crash las...

Elon Musk said Thursday that SpaceX's Starlink can now provide reliable 10-gigabit-per-second upload and download connectivity anywhere in the world, marking a major step in the satellite internet network's push from consumer broadband to high-capacity global data service. Musk Touts Global 10 Gbps Starlink "Starlink can now provide reliable 10 Gbps symmetric send/receive connectivity anywhere in the world," Musk wrote on X, quoting a Starlink post that said the company had delivered peak speeds of up to 10 Gbps symmetric in Utqiagvik, Alaska, the northernmost U.S. city, 320 miles above the Arctic Circle. Starlink said bonded gateways can provide up to 20 Gbps symmetric service for remote and extreme environments. The claim follows Starlink's rapid growth. The service has surpassed 12 million active users across more than 160 countries, up from 9 million users reported in 2025. Gen3 Filing Targets AI Data Demand The multi-gigabit rollout ...

LAGOS, July 7 (Reuters) - Nigeria's Dangote Group plans to finance a proposed 700,000-barrel-per-day oil refinery in Kenya through internal cash flow, bonds ​and an initial public offering, a senior company executive told ‌Reuters. The refinery, East Africa's largest refining project, is expected to take up to three years to build and would supply refined petroleum products to Kenya and ​neighbouring countries, helping to reduce East Africa's dependence on imported fuels. It ​would also fulfil Dangote's ambition to expand fuel-processing capacity ⁠across Africa following the start-up of its 650,000 barrel-per-day  refinery in Lagos. "The site ​has been selected, soil tests are under way, and design and engineering ​work has commenced. Kenya was the choice from the beginning," Edwin Devakumar, Dangote Industries' vice president for oil and gas, told Reuters. The refinery, which would be built ​on the island of Lamu, off the coast of Kenya, would...