Amazon tests ‘ultra-fast’ deliveries in two US cities
San Francisco, United States - Amazon on Monday began testing "ultra-fast" deliveries in two US cities, giving some shoppers the...
Business
Pope urges Lebanese to stay in their country despite difficulties
Leo emphasized the need for peace, using the word more than 20 times during the address, without mentioning any specific...
Geostrategy
Geostrategy
Turkey, and six of its Muslim allies say Palestinian self-rule key to Gaza future
Turkey, which played a central role in forging the now shaky three-week-old ceasefire, is pushing for Muslim nations to bring...
- Turkey, which played a central role in forging the 3-week-old ceasefire, is pushing for Muslim nations to bring their influence to bear on the reconstruction of the territory
- Brokered by US President Donald Trump, the October 10 ceasefire has been tested by fresh Israeli strikes and claims of Palestinian attacks on Israeli soldiers.
Business
Microsoft unveils $15.2 billion AI, cloud computing investments in UAE
The deal sent US chip-maker Nvidia shares up 2.6 percent, buoyed by hopes the AI juggernaut could see access for...
- "This is not money raised in the UAE. It's money we're spending in the UAE," Smith wrote in a blog post published during a visit to Abu Dhabi.
- Smith said the investments had been encouraged by both the US and UAE governments and had involved a partnership with the country's G42 sovereign artificial intelligence company.
Business
Kimberly-Clark to buy Kenvue
The deal is valued at $48.7 billion.
- Kenvue's Tylenol painkiller has faced Trump administration allegations of links to increased autism risks.
- Texas-based Kimberly-Clark makes a wide range of paper and cloth products, with brands such as Huggies, Kleenex and Kotex.
Business
OpenAI signs $38 bn infrastructure deal with cloud giant AWS
Under the seven-year agreement, OpenAI, which is partly owned by AWS's archrival Microsoft, will gain access to computing resources including...
- The deal will also give access to tens of millions of more conventional CPUs that will be used for the everyday deployment of so-called agentic AI.
- OpenAI will immediately begin utilizing AWS computing, with all capacity targeted to be used before the end of 2026, and the ability to expand further in the coming years.
Geostrategy
Trump says Russia, China have secretly tested nuclear weapons
President Donald Trump alleged Sunday that countries including Russia and China have conducted underground nuclear tests unknown to the public,...
- "Russia's testing, and China's testing, but they don't talk about it," he told CBS's "60 Minutes" program, in an interview released Sunday
- "I don't want to be the only country that doesn't test," he said, adding North Korea and Pakistan to the list of nations allegedly testing their arsenals.
Economy
OPEC+, including Saudi Arabia and Russia, agree further hike to their oil production
The 137,000-barrels-per-day hike will apply from December and remain at that level for the following three months, signifying a "pause"...
- The 137,000-barrels-per-day hike will apply from December and remain at that level for the following three months, signifying a "pause" in what had been regular hike since April
- The announced increase, which tallied with analyst expectations, has been seen as a bid by the key members of OPEC+ - known as the Voluntary Eight - to gain greater market share
Geostrategy
Syrian leader to discuss sanctions, reconstruction in US visit: FM
Syria's president will discuss issues including lifting remaining sanctions, reconstruction and counter-terrorism when he becomes the country's first leader to...
- Ahmed al-Sharaa is expected in the US capital in early November, Syria's top diplomat Asaad al-Shaibani told a panel at the Manama Dialogue in Bahrain
- On Saturday, US envoy to Syria Tom Barrack said Sharaa was heading to Washington "hopefully" to sign an agreement to join the US-led alliance against the Islamic State
Geostrategy
Death becomes a growing business in ageing, lonely South Korea
Busan, South Korea -- Rows of coffins line a university classroom in the South Korean port city of Busan, ready...
- Single-person households now account for around 42 percent of all homes in Asia's fourth-largest economy.
- A new profession has emerged reflecting that statistic: cleaners who are called in to tidy up homes after their occupants, most of whom lived alone, have died.
Geostrategy
Hundreds in south Lebanon mourn Hezbollah members killed in Israeli attacks
Nabatieh, Lebanon -- Hundreds of people gathered in south Lebanon's Nabatiyeh on Sunday to mourn five Hezbollah members killed in...
- On Saturday, an Israeli strike killed four people in Kfar Rumman, Nabatiyeh district, the Lebanese health ministry and the Israeli military said.
- The men's coffins were draped in Hezbollah's flag while mourners threw petals and chanted "death to Israel, death to America".
Geostrategy
Iran vows to rebuild nuclear sites ‘stronger than before’
"By destroying buildings... we will not be set back," said Iranian President Masoud Pezeshkian, in a visit to the country's...
- Pezeshkian's comments came as Oman, Iran's traditional intermediary, urged the two countries on Saturday to resume talks.
- Oman hosted five rounds of US-Iran talks this year. Just three days before the sixth round, Israel launched its strikes against Iran's nuclear facilities.
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Amazon tests ‘ultra-fast’ deliveries in two US cities
San Francisco, United States - Amazon on Monday began testing "ultra-fast" deliveries in two US cities, giving some shoppers the...
Business
Company News
Latest News
Amazon climate deal a ‘win’ for global unity but fossil fuels untouched
Nearly 200 countries approved the deal by consensus after two weeks of exhaustive negotiations on the fringes of the rainforest,...
Geostrategy
G20 summit opens in South Africa without Trump
The Johannesburg gathering is being attended by a host of world leaders including French President Emmanuel Macron, Indian Prime Minister...
Geostrategy
Trump pushes Ukraine to accept his plan for ending the war ahead of Nov 27 deadline
"He'll have to like it, and if he doesn't like it, then you know, they should just keep fighting," Trump...
Geostrategy
Most Read
Geostrategy
COP30 deal under threat as nations clash over fossil fuels
The draft text unveiled by COP30 host Brazil made no mention of "fossil fuels" or the word "roadmap" that President...
- Divisions remain not just over fossil fuels but trade measures and finance for poorer nations to adapt to climate change and move to a low-carbon future.
- More than 30 countries had warned in a letter to Brazil that they would reject any deal that did not include a plan to move away from fossil fuels.
Arts & Culture
Frida Kahlo painting auctions for $54.6 mn, record for woman artist
New York, United States - A self-portrait by legendary Mexican artist Frida Kahlo sold for $54.66 million in New York...
- The auction house said Kahlo's work was "painted in 1940 during a pivotal decade in her career, marked by her turbulent relationship with Diego Rivera."
- The artwork depicts the artist sleeping in a bed that appears to float among clouds in the sky, laying beneath a skeleton with legs that are wrapped with sticks of dynamite
Geostrategy
Iran says no access to bombed nuclear sites without IAEA deal
Iran's Foreign Minister Abbas Araghchi said that the UN's nuclear watchdog would not be given access to Iranian nuclear sites...
- The interview with the Khabar Online news agency was conducted before the International Atomic Energy Agency adopted a resolution Thursday demanding access to the sites
- In mid-June, Israel launched an unprecedented bombing campaign against Iran, triggering a 12-day war that the US briefly joined with strikes on Iranian nuclear facilities