cnbc.com / .cnbc-com-world / Page 9

The latest strike happened ahead of an expected meeting between Iranian and Gulf officials in Oman to sign an agreement for shipping through the strait.

China will take the lead to help foster artificial-intelligence collaboration and development among developing-economy countries, President Xi Jinping said.

China, Iran's biggest trading partner and a key customer of Tehran's energy exports, is willing to work with BRICS towards peace in the region, Xi said.

Oracle founder Larry Ellison has canceled his plan to sell up to $7.5 billion worth of stock in the software company.

Amodei's essay landed after an Anthropic researcher set off a firestorm on social media this week by announcing he quit his job at the company.

Indian Prime Minister Narendra Modi and Chinese President Xi Jinping addressed concerns around border dispute and the trade imbalance.

Oil prices retreated on Friday on hopes of a resumptions in negotiations, but notched sharp weekly gains after soaring above $100 a barrel.

In August, consumer prices rose 3.4% over the past year while wages increased just 3.1%.

The U.S. crude oil price on Thursday topped $102 per barrel for its highest close since May.

On his first visit to India, Iranian President Masoud Pezeshkian said he will not surrender to the U.S. and Israel, as New Delhi renewed its appeal for peace.