RunWithRugs

(MENAFN- The Peninsula)
AFP
Dubai: The United Arab Emirates' main gas-processing complex, one of the world's largest, will not resume full capacity until next year, its operator said Tuesday, after it was targeted in the Middle East war.
ADNOC Gas said the Habshan site in the capital Abu Dhabi,

(MENAFN- Crypto Breaking) TeraWulf reported a widening first-quarter loss for 2026, posting a net deficit of $427 million as revenue remained modest despite a notable swing into high-performance computing (HPC) capacity. The company's top line for the quarter was $34 million, with HPC lease revenue

Novo Nordisk data show Wegovy yields substantial weight loss in women with obesity across menopause stages, improving body composition and lowering cardiovascular and mood-related symptoms.
Abstract: Novo Nordisk reports that Wegovy (semaglutide 2.4 mg and 7.2 mg) provides substantial and consistent weight loss for women with obesity across reproductive life stages, from premenopause through menopause and beyond. Findings from the STEP UP clinical weight management trial, the SELECT cardiovascular trial, and a large real-world study presented at ECO 2026 indicate that weight loss is accompanied by favorable changes in body composition (reduced waist circumference and visceral fat), reduced risk of heart attack and stroke, and improvements in quality of life, including migraine burden, depression, and menopausal symptoms. Given that obesity and menopause increase cardiometabolic risk and cardiovascular disease remains the leading cause of death among women, these data support semaglutide as a beneficial strategy for addressing obesity-related medical complications and daily burdens in this population.

(MENAFN- ABN Newswire)

Continuity of Xenotime-Bearing Mineralisation Confirmed at Virgin Mountain Rare Earth Project
Perth, May 12, 2026 AEST (ABN Newswire) - Lodestar Minerals Limited (ASX:LSR ) (LSMLF:OTCMKTS ) announced the completion of the field activities at the Virgin Mountain HREE Proje

Iran warns that renewed US-Israeli strikes could trigger rapid uranium enrichment, edging Tehran toward weapons-grade capability, amid fragile truce talks and failed negotiations.
Abstract: The article reports Iran's warning that renewed US-Israeli strikes could accelerate uranium enrichment toward weapons-grade levels, bringing Tehran closer to a nuclear capability. It situates the warning within a broader cycle of tensions: February strikes, the closure of the Strait of Hormuz, a fragile ceasefire extended by Trump, and failed Islamabad talks, with Iran's response to a US framework proposal dismissed as unacceptable, signaling an uncertain path to peace.

(MENAFN- Crypto Breaking) Bitcoin (BTC) climbed to an intraday high of $82,450 on Sunday after President Donald Trump knocked back Iran's latest proposal during negotiations to end the ongoing conflict. The rejection triggered wild swings across the market, and the flagship cryptocurrency tumbled to

(MENAFN) Marriage registrations in China have dropped to their lowest level for a first quarter since the peak of the COVID-19 pandemic, highlighting ongoing demographic pressures in the country.

According to data from China’s Ministry of Civil Affairs released on Saturday, 1.697 million

(MENAFN- The Revelation Consultancy DMCC) Pune – May 12, 2026: Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a partnership with Cisco, the worldwide leader in networking and security, to launch a

Summary: Raiffeisen economists expect Switzerland to dodge recession in 2026, with real GDP growth of 0.5–1%, as oil shocks now hit the economy far less due to reduced oil dependence and greater efficiency.
Abstract: Swiss economists project modest 2026 growth around 0.5–1% despite higher energy prices, citing lower oil dependence, improved energy efficiency, and a more diversified, resilient economy.

(MENAFN- AsiaNet News)
Veteran banker and founder of Kotak Mahindra Bank, Uday Kotak, on Tuesday called on Indian industry to move beyond "comfort zones" and prepare for a rapidly changing global order, asserting that businesses must think strategically in an increasingly "tribal world" shaped

(MENAFN- DailyFX (IG)) ​​​Macro update
​AI rally pauses: Asian equities weakened as the chip-led rally lost momentum, with South Korea's KOSPI falling around 3.5% after nearing the 8,000 level, while MSCI's Asia ex-Japan index slipped 0.6%.
​Middle East ceasefire falters: President Trump

(MENAFN- Crypto Breaking) Coinbase reported a Q1 net loss of $394 million amid declining trading activity driven by market volatility. Transaction revenue fell 40% while net revenue fell 31% to $1.4 billion, missing analyst expectations.
The company announced earlier this week that it was

(MENAFN) US President Donald Trump said Monday that the ceasefire arrangement involving Iran is in a highly unstable condition, while sharply criticizing Tehran’s reaction to recent US diplomatic efforts.

Speaking to reporters at the White House, Trump described the situation as extremely

(MENAFN- IANS) New Delhi, May 10 (IANS) The pair of Neeru Dhanda and Vivaan Kapoor won bronze in the trap mixed team event on Sunday, helping India conclude the International Shooting Sport Federation (ISSF) World Cup Shotgun in Almaty, Kazakhstan, on a high.
Neeru and Vivaan shot 24 out of the

Abstract: The article examines the ongoing disruption in the Persian Gulf two months after the Strait of Hormuz effectively shut to regular container traffic, where 42 vessels remain trapped and only a few have managed to pass. It details entrapment rates by carrier, the resulting loss of global capacity, and how operators are restructuring supply chains while monitoring alternate ports, describing the event as one of the largest involuntary concentrations of vessels in modern maritime history.
Summary: Many container ships are still trapped in the Persian Gulf after the Hormuz closure, sharply reducing global capacity and forcing rerouted trade, with only a handful managing to exit so far.

(MENAFN) The International Monetary Fund has cautioned that artificial intelligence could significantly increase the scale and speed of cyberattacks, potentially turning them into a systemic threat to the global financial system, according to a recent analysis cited in reports.

In a blog post p

(MENAFN- AsiaNet News)
Banker and founder of Kotak Mahindra Bank, Uday Kotak, on Tuesday backed Prime Minister Narendra Modi's recent remarks on austerity and moderated consumption, saying India must prepare itself for prolonged global uncertainty and avoid "living beyond its means" Interacting

(MENAFN) Russian authorities have alleged a significant increase in Ukrainian drone attacks targeting the area around the Zaporizhzhia Nuclear Power Plant and the nearby city of Energodar.

According to statements from the head of Russia’s state nuclear operator Rosatom, Aleksey Likhachev,

(MENAFN) Beijing forcefully rejected allegations Tuesday that it provided technical assistance to Iran in the development of missiles, pushing back against reported remarks by Israeli Prime Minister Benjamin Netanyahu that directly implicated China in weapons manufacturing support.

"We oppose a

(MENAFN) The US military announced on Wednesday that it has initiated a mission to move ISIS (Daesh) detainees from northeastern Syria to Iraq to ensure they remain in secure detention facilities, according to CENTCOM statements.

The operation began with the successful transfer of 150 ISIS