Israel launches major West Bank operation, raiding Tubas towns amid escalating violence
The Israeli military said the operation began with air strikes to isolate the area, which were followed by "searches" on...
Geostrategy
Trump sends Witkoff to Moscow in hopes of finalizing Ukraine deal
An initial US plan which was heavily weighted in Russia's favor has been replaced by one taking in more of...
Geostrategy
Geostrategy
Unexploded bombs haunt Gazans, posing deadly risk as fragile truce halts demining efforts in ruins
After two years of war, the ruined cities of Gaza, a densely packed territory home to more than two million...
- After two years of war, the ruined cities of Gaza, a densely packed territory home to more than two million Palestinians, are littered with military debris
- In the streets of Gaza City, children play with rocket parts and the tail fins of mortar shells, oblivious to or unbothered by the danger
Business
AI giants turn to massive debt to finance tech race
New York, United States -- Meta raised $30 billion in debt on Thursday, as tech giants flush with cash turn...
- Meta raised $30 billion in debt and demand for its bonds was reportedly four times greater than supply.
- The $30 billion in bonds scheduled to be repaid over the course of decades is intended to provide money to continue a breakneck pace of AI development.
Geostrategy
Trump stirs global tensions with surprise nuclear test order
The announcement came in the wake of Russia saying it had tested a nuclear-powered and nuclear-capable torpedo, as well as...
- The last US nuclear test explosion was in September 1992, a 20-kiloton underground detonation at the Nevada Nuclear Security Site.
- Then-president George H.W. Bush imposed a moratorium on further tests in October 1992 that has been continued by successive administrations.
Business
Amazon shares surge as AI boom drives cloud growth
San Francisco, United States - Amazon's share price skyrocketed by more than ten percent on Thursday after the online retail...
- The e-commerce giant's Amazon Web Services division, which recently suffered a global outage, saw revenues jump 20 percent to $33 billion in the third quarter
- Amazon's major rivals in the cloud computing space, Microsoft and Google, on Wednesday also reported sales increases in their cloud computing business
Arts & Culture
After delays, Egypt set for lavish opening of grand museum
Cairo, Egypt - With much pomp and circumstance, Cairo is due to inaugurate on Saturday the long-awaited Grand Egyptian Museum,...
- With a panoramic view of the Giza pyramids plateau, the GEM houses thousands of artefacts spanning more than 5,000 years of Egyptian antiquity at a whopping cost of over $1 billion
- More than two decades in the making, the ultra-modern museum anticipates five million visitors annually, with never-before-seen relics on display
Economy
Backed by its sovereign wealth fund, Saudi chases AI ambitions with homegrown firm pitched to global investors
The company, launched in May, is bankrolled by Saudi's powerful Public Investment Fund, which has played a key role in...
- The company, launched in May, is bankrolled by Saudi's powerful Public Investment Fund, which has played a key role in financing the kingdom's gigaprojects
- But Riyadh's ambitions to become a global AI hub face fierce competition from the neighbouring United Arab Emirates, which have invested in AI for years
Business
TotalEnergies net profit soars despite lower oil prices
Paris, France -- French oil and gas giant TotalEnergies reported on Thursday a sharp increase in third-quarter net profit despite...
- The company said net income grew around 61 percent to $3.7 billion compared to the same period last year, even as oil prices fell by more than $10 per barrel year-on-year.
- TotalEnergies shares were down 1.4 percent in afternoon trading while the Paris stock exchange's blue-chip CAC 40 index was 0.7 lower.
Geostrategy
Israel says received bodies of two Gaza hostages from Red Cross
Not including the latest two, Hamas have so far given back the remains of 15 of the 28 deceased hostages...
- Israel launched a wave of strikes on Gaza overnight from Tuesday to Wednesday after an attack that left an Israeli soldier dead in the south of the Palestinian territory.
- Hamas has said its fighters had "no connection to the shooting incident in Rafah" and reaffirmed its commitment to the truce.
Business
BYD Q3 profit down 33%
This was a 33% year-on-year decrease.
- The Shenzhen-based firm recorded revenue of 195 billion yuan over the same period, a slight decrease of 3 percent year-on-year.
- China's EV industry is world-leading but a cutthroat domestic market has weighed on companies' profitability.
Geostrategy
Israel hits another Gaza target after deadliest night since truce
Israel said it struck an arms dump in Gaza on Wednesday, hours after the deadliest night of bombing since the...
- The military announced it had carried out a strike on a site in the Beit Lahia area of northern Gaza where it said weapons were being stockpiled for "an imminent terror attack."
- Israeli troops, it said, would remain deployed in "accordance with the ceasefire agreement and will continue to operate to remove any immediate threat".
Israel launches major West Bank operation, raiding Tubas towns amid escalating violence
The Israeli military said the operation began with air strikes to isolate the area, which were followed by "searches" on...
Geostrategy
Company News
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Rory McIlroy wins seventh Race to Dubai title
Arts & Culture
Nvidia, Microsoft invest $15 billion in AI startup Anthropic, creator of the Claude chatbot
Nvidia and Microsoft announced Tuesday investments totaling $15 billion in AI startup Anthropic, creator of the Claude chatbot, amid frenzied...
Business
UN Security Council votes for international force for Gaza, path to a future Palestinian state
Trump posted on social media that the vote "acknowledging and endorsing the BOARD OF PEACE, which will be chaired by...
Geostrategy
Turkey seeks to host next COP as co-presidency plans with Australia falter
Turkey wants to host next year's UN climate change talks and is ready to organise the event alone if there...
Science
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Geostrategy
UN Security Council set to vote on Trump’s Gaza plan, deployment of international force
The draft, which has been revised several times as a result of high-stakes negotiations, "endorses" the plan, which allowed for...
- The draft, which has been revised several times as a result of high-stakes negotiations, "endorses" the plan, which allowed for a ceasefire between Israel and Hamas to take hold
- The latest version of the text authorizes the creation of an International Stabilization Force (ISF) that would work with Israel and Egypt and newly trained Palestinian police
Arts & Culture
Rory McIlroy wins seventh Race to Dubai title
Dubai, United Arab Emirates -- Rory McIlroy was on Sunday crowned the DP World Tour’s Race to Dubai champion for...
- At the Earth course of Jumeirah Golf Estates on Sunday, Fitzpatrick (66) made a birdie on the 72nd hole of regulation play to set the mark at 18-under par.
- It is Fitzpatrick’s third DP World Tour Championship title (2016 and 2020) and a 10th DP World Tour victory in 195 starts.
Business
Samsung plans $310 bn investment to power AI expansion
Seoul, South Korea -- South Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next...
- The business group's flagship Samsung Electronics is already one of the world's top memory-chip makers, providing crucial components for the AI industry.
- South Korea is also home to SK hynix, another key player in the global semiconductor market.