Novel concept: China’s spellbinding bookstores draw selfie snappers
Tianjin, China -- Towering accordion steps and a fantastical spiral staircase greet visitors to a massive bookstore in northern China's...
Arts & Culture
Defiant Khamenei insists ‘won’t back down’ in face of growing Iran protests
Iran's supreme leader Ayatollah Ali Khamenei on Friday insisted the Islamic republic would "not back down" in the face of...
Geostrategy
Economy
US unemployment rises further, hovering at highest since 2021
A deteriorating jobs market could nudge the central bank to lower rates further to boost the economy, despite some policymakers'...
- The report underscoring a labor market cooldown in the world's biggest economy said the economy lost 105,000 jobs in October.
- Hiring picked up again in November to 64,000, but this was still a slower pace than before.
Geostrategy
First European Union airline flight in 35 years lands in Baghdad
Baghdad, Iraq -- Iraq's transport ministry said Tuesday that a flight operated by Greece's Aegean Airlines had been the first...
- European airlines have not operated direct flights to Baghdad International Airport for security reasons since the early 1990s, when Saddam Hussein invaded Kuwait.
- But, after decades of turmoil, Iraq has recently begun to regain a sense of stability and the government is striving to attract foreign investment to bolster the country's economy.
Geostrategy
Israeli army to demolish 25 residential buildings in West Bank camp: local authorities
The Israeli army is to demolish 25 residential buildings in the north West Bank's Nur Shams refugee camp later this...
- In early 2025, Israel's military launched an operation it says is aimed at rooting out Palestinian armed groups from refugee camps
- During the operation, Israel has destroyed hundreds of houses in the dense network of alleys that make up the refugee camps
Geostrategy
Ukraine hails ‘real progress’ in Zelensky’s talks with US envoys to end the war with Russia
Kyiv's negotiator Rustem Umerov wrote on social media that the marathon diplomacy in the German capital had been "constructive and...
- Ukraine hopes to convince Washington that a ceasefire must be agreed without prior territorial concessions to Russia
- Trump has pushed strongly for an end to the war but an initial 28-point plan last month was seen as favouring Moscow's position
Economy
Deja vu? Trump accused of economic denial and physical decline
Washington, United States -- An aging president faces poor poll numbers and suspicions about his health but insists that America...
- According to a poll by the University of Chicago for the Associated Press, published Thursday, only 31 percent of Americans are satisfied with Trump's economic policy.
- Like his predecessor, Trump today is trying to steer some of consumers' discontent toward big corporations suspected of inflating prices.
Geostrategy
Hamas says weapons are ‘legitimate right’, open to proposals that preserve it
"Resistance and its weapons are a legitimate right guaranteed by international law and are linked to the establishment of a...
- "We are open to studying any proposals that preserve this right while guaranteeing the establishment of a Palestinian state."
- The US-sponsored ceasefire, in effect since October 10, remains fragile as Israel and Hamas accuse each other almost daily of violations.
Geostrategy
Gunmen kill 11 at Jewish festival on Australia’s Bondi Beach, one of the biggest tourist draws
Police declared the shooting a "terrorist incident" and said they had found suspected "improvised explosive devices" in a vehicle near...
- The shooting took place during an anncual "Hanukkah by the Sea" event at Bondi Beach which police said was attended by over a thousand people
- Prime Minister Benjamin Netanyahu accused Australia's government of having fuelled anti-Jewish sentiment in the period leading up to the shooting
Economy
Algeria include son of Zinedine Zidane in AFCON squad
Goalkeeper Luca Zidane, a son of France football icon Zinedine Zidane, was named on Saturday in the Algeria squad for the...
- The 27-year-old plays for Spanish second-tier club Granada and represented France at youth level before switching his international allegiance to Algeria
- "I'm sure the players will arrive highly motivated and ready to play in this AFCON," said Algeria coach and former Switzerland coach Vladimir Petkovic after announcing the squad
Geostrategy
China’s smaller manufacturers look to catch the automation wave
Yancheng, China -- In a light-filled workshop in eastern China, a robotic arm moved a partially assembled autonomous vehicle as workers...
- China is already the world's largest market for industrial robots.
- The first essentially humanless factories are already in operation.
Geostrategy
Trump vows revenge after troops in Syria killed in alleged IS ambush
The deadly attack had been "an ambush by a lone ISIS gunman," who was "engaged and killed," US Central Command...
- Trump called it "an ISIS attack against the US, and Syria, in a very dangerous part of Syria, that is not fully controlled by them."
- The incident is the first of its kind reported since Islamist-led forces overthrew longtime Syrian ruler Bashar al-Assad in December last year
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
Novel concept: China’s spellbinding bookstores draw selfie snappers
Tianjin, China -- Towering accordion steps and a fantastical spiral staircase greet visitors to a massive bookstore in northern China's...
Arts & Culture
Company News
BYD logs record EV sales in 2025
Business
Latest News
Seven killed as Saudi coalition strikes UAE-backed forces in Yemen
Following the strikes, a military spokesman for the STC said it was in a "decisive and existential" war with Saudi-backed...
Geostrategy
Somaliland denies it will host Palestinians, Israeli base
The breakaway region of Somaliland on Thursday denied allegations by the Somali president that it would take resettled Palestinians or...
Geostrategy
Most Read
Investigation
Drones dive into aviation’s deepest enigma as MH370 hunt restarts
Washington, United States - Nearly 12 years after Malaysia Airlines flight MH370 vanished with 239 people on board, the search...
- Armed with cutting-edge deep-sea robots, US investigators are scouring the seabed for clues that have eluded governments
- The Malaysian government has given the green light for a fresh attempt led by Texas-based marine robotics firm Ocean Infinity
Geostrategy
Israel’s Mossad tells Iranian protesters ‘we are with you’
Israel's Mossad spy agency issued a direct call urging Iranians to press on with protests, saying it was supporting them...
- Protests that began on Sunday with Tehran shopkeepers rallying against Iran's worsening economy have spread to other cities
- The Iranian rial has dropped against the US dollar and other world currencies, forcing up import prices and hurting retail traders
Business
SoftBank lifts OpenAI stake to 11% with $41bln investment
Tokyo, Japan -- Japanese tech investor SoftBank said Wednesday that its stake in OpenAI is now around 11 percent after...
- Having made colossal profits as well as losses on previous investments, flamboyant founder Masayoshi Son has pivoted SoftBank towards artificial intelligence (AI).
- SoftBank had announced in April its planned investment of up to $40 billion in Open AI, and on Wednesday it said that the second tranche of $22.5 billion was completed.