Tech stocks lead Wall Street higher, gold hits fresh record
Tech firms also led the rally in Asia, with South Korea's Samsung Electronics, Taiwan's TSMC and Japan's Renesas among the...
Business
Macron meets UAE leaders to deepen strategic partnership, discuss defense, AI, trade and drug trafficking
Macron is due to meet with UAE President Mohamed bin Zayed Al Nahyan to discuss "strengthening the strategic partnership" between...
Geostrategy
Geostrategy
UAE top court upholds life terms for 24 convicted in mass trial
Dubai, United Arab Emirates -- The UAE supreme court has jailed 24 people for life after upholding their convictions for...
- The 24 were originally convicted in a mass trial of 84 people in July last year, most of whom had been behind bars since a similar mass trial of 94 people in 2013.
- "Following yesterday's ruling... the total number of convicted individuals in this case has risen to 83 out of 84 referred to trial," WAM said.
Iran says no plan for new US nuclear talks, plays down impact of strikes
Iran's Foreign Minister Abbas Araghchi shut down what he said was "speculation" that Tehran would come to the table and...
- Iran's Foreign Minister Abbas Araghchi shut down what he said was "speculation" that Tehran would come to the table and said it "should not be taken seriously."
- "I would like to state clearly that no agreement, arrangement or conversation has been made to start new negotiations," he said on state television
Business
BBC launches US paid subscription to news website
London, United Kingdom - The BBC, Britain's public broadcaster that is struggling with strained finances, on Thursday launched a paid...
- For $49.99 a year, or $8.99 a month, users will have "unlimited access" to the BBC's news articles, feature stories and the BBC News television channel, a statement said
- The BBC, which broadcasts across television, radio and online, said in March that it faced "unprecedented" challenges to funding
Science
UN climate chief warns ‘lot more to do’ before COP30
UN climate chief Simon Stiell urged countries on Thursday to accelerate negotiations ahead of the COP30 in Brazil as there...
- Speaking after two weeks of technical talks in Bonn, Stiell closed the annual climate diplomacy event saying: "We need to go further, faster, and fairer."
- Bonn is home to the UN Climate Change Secretariat, which coordinates international climate policy and hosts preparatory talks each year ahead of climate summits.
Geostrategy
Spain PM Sanchez says Gaza in ‘catastrophic situation of genocide’
Spanish Prime Minister Pedro Sanchez on Thursday said Gaza was in a "catastrophic situation of genocide" and urged the European...
- The comments represent the strongest condemnation to date by the Socialist leader, an outspoken critic of the Israeli offensive in Gaza sparked by Hamas's 2023 attack on Israel
- Sanchez mentioned a recent human rights review by the bloc's diplomatic service which, he said, addressed "the catastrophic situation of genocide unfolding in Gaza".
Arts & Culture
Cristiano Ronaldo extends contract with Saudi Arabia’s Al Nassr until 2027
Riyadh, Saudi Arabia -- Cristiano Ronaldo inked a two-year extension with Saudi Arabia's Al Nassr, the club announced Thursday, following...
- Minutes before the official confirmation, the team posted a teaser video, with the 40-year-old Ronaldo walking along a beachfront and saying: "Al Nassr forever".
- The Portuguese superstar arrived in 2023 in the kingdom to play with the club, heralding a rush of players in the latter stages of their careers to the oil-rich country.
Business
Roblox’s Grow a Garden explodes online video game numbers
Paris, France -- A gardening game created by a teenager on online platform Roblox has attracted a record 21 million...
- More than 21 million players connected to Grow a Garden at the same time on June 21, buying seeds to cultivate a little patch of virtual land, harvesting crops.
- That shattered the record held by the adrenalin-packed Fortnite, which attracted 15 million concurrent users (CCUs) during an event in late 2020.
Geostrategy
WHO delivers its first medical aid to Gaza since March 2
The shipment of supplies, plasma and blood will be distributed among hospitals in the Palestinian territory in the coming days,...
- Israel imposed a total blockade on the Gaza Strip on March 2. More than two months later, it began allowing some food in, but no other aid items until now.
- Last week the WHO said only 17 of Gaza's 36 hospitals were minimally to partially functional, with the rest unable to function at all.
Geostrategy
Iran strikes damage hard to assess under Israeli military censorship
Such regulations are nothing new in Israel, where any written or visual publication deemed potentially harmful to the loosely defined...
- But with the recent missile barrages from Iran that managed to breach Israel's vaunted air defenses and kill 28 people, the restrictions were further tightened.
- Most of the government's communication during the war focused on its military successes, with Prime Minister Benjamin Netanyahu on Tuesday praising a "historic victory" over Iran.
Geostrategy
US hits back at accounts Iran moved enriched uranium before bombing
Trump, seeking credit for ordering military action and then quickly announcing a ceasefire between Israel and Iran, has lashed out...
- Trump has lashed out angrily at media accounts of a classified report that doubted the extent of damage to Iranian nuclear sites
- Vice President JD Vance, asked about the uranium on Sunday, had sounded less definitive and said the United States would discuss the issue with Iran
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
Tech stocks lead Wall Street higher, gold hits fresh record
Tech firms also led the rally in Asia, with South Korea's Samsung Electronics, Taiwan's TSMC and Japan's Renesas among the...
Business
Company News
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Lavrov and Rubio discuss Putin-Trump summit, Zelensky seeks invite to the meeting
Russia's top diplomat Sergei Lavrov and US counterpart Marco Rubio discussed preparations for an upcoming summit between Vladimir Putin and...
Geostrategy
Trump says Hamas will be ‘eradicated’ if group breaches Gaza deal with Israel
Trump, however, insisted that American forces would not be involved in confronting against Hamas, saying dozens of countries that have...
Geostrategy
Brazil greenlights oil drilling in Amazon region
President Luiz Inacio Lula da Silva has come under fire from conservationists who argue his oil expansion plans clash with...
Geostrategy
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Geostrategy
Trial opens in Klarna’s $8.3 billion lawsuit against Google
Stockholm, Sweden -- A Swedish court began hearing arguments Monday in a lawsuit brought by Swedish price comparison site Pricerunner,...
- The Swedish tech startup filed its suit with the Patent and Market Court in Stockholm in 2022.
- It filed the suit after EU General Court ruling that Google "breached EU antitrust laws by manipulating search results in favor of their own comparison shopping services".
Geostrategy
US soliciting new bids for Moon mission amid SpaceX delays: NASA chief
The US space agency's Artemis program hopes to return humans to the Moon as China forges ahead with a rival...
- Blue Origin is the Jeff Bezos-founded rival of SpaceX. That company currently has the contract for the fifth planned mission of the multibillion-dollar Artemis program.
- US President Donald Trump's second term in the White House has seen the administration pile pressure on NASA to accelerate its progress.
Business
OpenAI big chip orders dwarf its revenues – for now
New York, United States - OpenAI is ordering hundreds of billions of dollars worth of chips in the artificial intelligence...
- In less than a month, the San Francisco startup behind ChatGPT has committed to acquiring a staggering 26 gigawatts of sophisticated data processors from Nvidia, AMD, and Broadcom
- Silicon Valley-based Nvidia has announced plans to invest up to $100 billion in OpenAI over several years to build the world's largest AI infrastructure