Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US oil companies are cutting spending and idling drilling rigs, as Donald Trump’s tariffs push up costs and falling crude prices squeeze profits, prompting executives to warn that a decade-long shale boom is ending.Surprise decisions by the Opec+ cartel to pump more oil have compounded the gloom across the US oil patch, sparking fears of a new price war and prompting analysts to cut output forecasts.“We’re on high alert at this point,” Clay Gaspar, chief executive officer at Devon Energy in Oklahoma…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Former UK prime minister Lord David Cameron is in talks to join the law firm and lobbyist DLA Piper as a consultant, the latest of several private sector roles he has taken in the wake of his departure from the government last year.Cameron would advise the law firm and its leaders on geopolitical risks, according to two people with knowledge of the move, who cautioned that details of the role are not yet finalised. DLA Piper, ranked the world’s third-largest law firm…

Two hundred sixty miners trapped in a South African gold mine have been rescued after 24 hours.At least 260 miners have been brought to the surface in South Africa after being stuck underground at a gold mine for 24 hours. Africa is at the centre of a rising demand for minerals and precious metals. Lithium is essential to the transition away from fossil fuels, used for batteries in electric vehicles and other clean energy technologies. But in the Democratic Republic of the Congo, rights groups continue to denounce the dangerous working conditions of children in artisanal mines, particularly for cobalt.…

5/25: Face the Nation – CBS News Watch CBS News This week on “Face the Nation with Margaret Brennan,” as Americans prepare for Memorial Day, Margaret Brennan speaks to some veterans serving in Congress about the value of public service and honoring those who’ve protected us. Plus, House Speaker Mike Johnson talks about the House’s passage of President Trump’s “big, beautiful bill.” Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On

NEWYou can now listen to Fox News articles! Alex Palou made a late pass around Marcus Ericsson to move into first place and held off the rest of the leaders to win the Indianapolis 500 on Sunday.It’s the first time Palou has ever won the Indy 500.This is a breaking news story. Check back for updates. Ryan Gaydos is a senior editor for Fox News Digital.

As a young boy, Rylan Laplante was always active, playing baseball or going out to the mountains with his family to hit the slopes. But at 11 years old, tragedy struck. Due to a rare genetic condition, Laplante lost his mobility.“Over the course of about six months, I lost the ability to walk, lost the ability to use my hands, and ultimately lost the ability to talk as well,” Laplante said.Laplante told Global News the circumstances took him to his lowest point, but thanks to what he calls “delusional optimism,” he continued to fight to find a way to regain…

Millions of Australians are now bracing for potentially wild weather as the recovery effort begins in NSW, with floodwaters still receding in the wake of devastating rains.Severe weather warnings were in place for swathes of southeast Australia on Sunday night, including Adelaide and southern parts of Victoria.The “significant weather event” could bring widespread damaging to destructive winds and hazardous coastal conditions from Sunday.The Bureau of Meteorology’s Jonathon How said conditions would likely peak on Monday, as the most powerful cold front of the year swept through.“A severe weather warning is current from damaging or destructive winds across three states, and…

new video loaded: Russian Bombardment Kills at Least a Dozen People in UkrainetranscriptBacktranscriptRussian Bombardment Kills at Least a Dozen People in UkraineAn hourslong assault on Ukraine by Russia with missiles and drones underscored how months of diplomatic efforts to broker a cease-fire have failed to yield a breakthrough.[sound of explosion]Recent episodes in Ukraine CrisisShow more videos from Ukraine Crisis

President Donald Trump on Sunday criticized foreign countries for paying “nothing” toward the education of their citizens who are attending college at Harvard and other U.S. institutions.This comes amid the fight between the Trump administration and Harvard for its plans to revoke the university’s ability to enroll foreign students.”Why isn’t Harvard saying that almost 31% of their students are from FOREIGN LANDS, and yet those countries, some not at all friendly to the United States, pay NOTHING toward their student’s education, nor do they ever intend to,” Trump wrote early Sunday morning on Truth Social. “Nobody told us that!”JUDGE TEMPORARILY…

Israel raised its travel alert for Canada to a “potential threat level” on Sunday, warning of “an increased threat by terrorists against Israelis and Jews in Canada.” The warning issued by Israel’s National Security Council came on the same day as demonstrators gathered in Toronto, Vancouver and other Canadian cities for the United Jewish Appeal’s annual Walk with Israel event.“Today (Sunday), anti-Israel organizations in Canada are planning to hold protests and demonstrations … in opposition to rallies in support of Israel,” the Israeli notice says.“In the past few days, the discourse surrounding these events has become more radical, including what…