Trump peace plan: Washington, Kyiv say a peace deal must ‘fully uphold’ Ukraine sovereignty
US President Donald Trump had given Ukraine until November 27 to approve his plan to end the nearly four-year conflict,...
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
Business
Alphabet posts first $100 bn quarter
The growth was powered by cloud division buoyed by AI
- The tech giant's revenues jumped 16 percent year-on-year to $102.3 billion in the third quarter, beating analyst expectations
- "Alphabet had a terrific quarter, with double-digit growth across every major part of our business," CEO Sundar Pichai said
Geostrategy
Trade truce in balance as Trump meets ‘tough negotiator’ Xi: ‘We’ll have a great understanding’
The world's two top economies' trade tussle -- encompassing everything from rare earths to soybeans and port fees -- has rocked...
- Sitting opposite each other each leader was flanked by senior officials including Secretary of State Marco Rubio, Treasury chief Scott Bessent and Commerce Secretary Howard Lutnick
- Xi's team, which arrived from Beijing shortly before - the US side was already in South Korea - included Foreign Minister Wang Yi, and Commerce Minister Wang Wentao
Geostrategy
Israel hits dozens of targets as Gaza sees deadliest night since truce
Gaza's civil defense agency said more than 100 people were killed, including many children, but both US President Donald Trump...
- The Hamas-run territory's civil defense agency said at least 35 children were among the more than 100 killed.
- United Nations rights chief Volker Turk said the report of so many dead was appalling and urged all side not to let peace "slip from our grasp".
Business
AI chip giant Nvidia becomes world’s first $5 trillion company
New York, United States -- AI chip juggernaut Nvidia became the world's first $5 trillion company on Wednesday, as investors...
- By way of comparison, the level was greater than the GDP of France or Germany or higher than that of Tesla, Meta (Facebook), and Netflix combined.
- Microsoft and Apple, the two other largest global market capitalizations, only just exceed $4 trillion in valuation each.
Geostrategy
Syria attracted $28 bn in investment since Assad’s fall: president
Syria has begun the mammoth task of trying to rebuild its shattered economy, after over a decade of war saw...
- Earlier this month, the World Bank put a "conservative best estimate" of the cost of rebuilding Syria at $216 billion.
- In May, Syria signed a $7 billion energy deal with a consortium of Qatari, Turkish and US companies as it seeks to revive its crippled power sector.
Business
Microsoft holds 27% of OpenAI in revamped partnership
San Francisco, United States - Microsoft and OpenAI announced Tuesday a sweeping overhaul of their landmark artificial intelligence (AI) partnership,...
- OpenAI has also committed to purchasing $250 billion in Azure cloud services from the tech giant, though Microsoft no longer holds first refusal rights as OpenAI's compute provider
- The partnership began in 2019 when Microsoft invested $1 billion in what was then a small AI research organization founded in 2015 by tech luminaries including Elon Musk
Geostrategy
Pakistan says peace talks with Afghanistan ‘failed’
Islamabad, Pakistan - Pakistan said Wednesday that negotiations for a lasting truce with Afghanistan had "failed to bring about a...
- Pakistan and Afghanistan have been holding negotiations in Istanbul aimed at securing peace after the South Asian neighbours' deadliest border clashes in years
- The violence, which killed more than 70 people and wounded hundreds, erupted following explosions in Kabul on October 9 that the Taliban authorities blamed on Pakistan
Geostrategy
Trump says ‘nothing’ will jeopardize Gaza ceasefire after Israeli strikes kill 38 people
Trump defended Israel's actions on Wednesday, saying it "should hit back" if Israeli soldiers were killed, but added that "nothing's...
- Prime Minister Benjamin Netanyahu ordered "powerful strikes" on Gaza, after his defence minister accused Hamas of attacking Israeli troops in Gaza
- While Israel Katz did not say where the troops were attacked, Hamas said its fighters had "no connection to the shooting incident in Rafah" and reaffirmed its commitment to the US
Business
Nvidia to take stake in Nokia
Nvidia share price soars 20%.
- It said it would issue more than 166 million new shares, for which Nvidia would pay $6.01 per share.
- Under the partnership, Nokia "intends to increase its presence in the AI and cloud market with data center aligned networking solutions."
Geostrategy
Iran proposes regional currency to boost trade
Tehran, Iran -- Iranian President Masoud Pezeshkian on Tuesday proposed that Iran and its regional trading partners establish a shared...
- Years of international sanctions, largely imposed by the United States over Tehran's nuclear programme, have severely weakened Iran's economy.
- "Even a common currency could be adopted in the region to help promote economic development," he told a meeting with Tajik Interior Minister Ramazan Rahimzada.
Trump peace plan: Washington, Kyiv say a peace deal must ‘fully uphold’ Ukraine sovereignty
US President Donald Trump had given Ukraine until November 27 to approve his plan to end the nearly four-year conflict,...
Geostrategy
Company News
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Google to invest $6.4bn
Business
Saudi prince, eyeing defense pledge, to meet Trump after long US absence
Saudi Arabia is unlikely to agree to normalization with Israel at this stage, with Prince Mohammed's priority set for firmer...
Geostrategy
Global CO2 emissions to hit record high in 2025, making 1.5°C target nearly impossible
Global fossil fuel emissions are set to hit a new high in 2025, according to research published Thursday that also...
Economy
Rubio says US ‘optimistic’ for UN resolution on Gaza, backing an international force
US Secretary of State said the United States was speaking with different countries on ways to "balance their interests here,...
Geostrategy
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Geostrategy
Macron warns any planned West Bank annexation a ‘red line,’ to provoke a European reaction
He spoke as Palestinian president Mahmud Abbas visited Paris one month into a fragile truce between Hamas and Israel, following...
- He spoke as Palestinian president Mahmud Abbas visited Paris one month into a fragile truce between Hamas and Israel, following two years of war
- Macron and Abbas announced the creation of a joint committee "for the consolidation of the state of Palestine", the French leader said
Business
Google to invest $6.4bn
The investment is its biggest-ever in Germany.
- Google's plans include a new data center and expansion of an existing center in the western state of Hesse, providing computing power for artificial intelligence.
- It also plans to expand its offices in Berlin, Frankfurt and Munich, and outlined various projects aimed at reducing its greenhouse gas emissions.
Arts & Culture
Cristiano Ronaldo says 2026 World Cup ‘definitely’ his last
Riyadh, Saudi Arabia -- Portuguese superstar Cristiano Ronaldo on Tuesday said next year's World Cup would be his last as...
- The 40-year-old forward, with more than 950 club and international goals, also said he would retire from football in "one or two years".
- "Let's be honest, when I mean soon, it's probably one or two years I'll still be at the game," he said.