Billionaire Ellison offers personal guarantee for son’s Warner Bros bid
Washington, United States -- Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile...
Business
China’s rare earths El Dorado gives strategic edge
Ganzhou, China -- Buried in the reddish soil of southern China lies latent power: one of the largest clusters of...
Geostrategy
Geostrategy
Israeli commandos operated in Iran during 12-day war: military
The war erupted on June 13 when Israel launched a surprise bombing campaign that it said aimed to stop Iran...
- "We achieved full control over Iranian airspace and in every location where we chose to operate," chief of staff Eyal Zamir said in a televised address
- "This was made possible thanks to, among other things, coordination and tactical deception carried out by our air force and ground commando units," he added
Geostrategy
Hezbollah hails Iran’s ‘divine victory’ over Israel
Lebanese militant group Hezbollah on Wednesday hailed what it called its ally Iran's victory over Israel after 12 days of...
- In a statement, Hezbollah offered its "most sincere congratulations" to the Islamic republic, praising its "glorious divine victory."
- The victory, it said, was "manifested in the precise and painful strikes it launched" against Israel, as well as "the lightning response to the American aggression
Business
Amazon tycoon Jeff Bezos, his fiancee Lauren Sanchez arrive in Venice for lavish wedding
Bezos, 61, and Sanchez, 55, are said to have booked out the city's finest hotels for a star-studded guest list...
- Bezos, the world's fourth-richest person, and his former television anchor bride-to-be were seen stepping off a water taxi at the Aman Hotel on the Grand Canal
- Bezos, 61, and Sanchez, 55, are said to have booked out the city's finest hotels for a guest list rumoured to include Leonardo DiCaprio, Mick Jagger, and Kim Kardashian
Geostrategy
Iran lawmakers back suspending cooperation with UN nuclear watchdog
Tehran, Iran -- Iranian lawmakers voted Wednesday in favor of suspending cooperation with the United Nations' atomic energy watchdog, state...
- The decision still requires the approval of the Guardian Council, a body empowered to vet legislation.
- Should it be ratified, Ghalibaf said "the Atomic Energy Organization of Iran will suspend its cooperation with the IAEA until the security of the nuclear facilities is guaranteed".
Science
James Webb Telescope captures first direct image of exoplanet TWA 7b
The telescope, which can see farther into the universe than anything before it, has turbocharged the search for planets beyond...
- The discovery of exoplanet TWA 7b, revealed in a study in the journal Nature, "represents a first for the telescope", France's CNRS research center said in a statement.
- Most of the nearly 6,000 exoplanets found so far have been identified from the light they blot out when they pass in front of their star, rather than from direct images of planet.
Geostrategy
Trump sees ‘progress’ on Gaza, raising hopes for ceasefire
"I think great progress is being made on Gaza," Trump said, adding that his special envoy Steve Witkoff had told...
- Key mediator Qatar announced Tuesday that it would launch a new push for a ceasefire, with Hamas on Wednesday saying talks had stepped up.
- Gaza's civil defense agency, meanwhile, said Wednesday that Israeli fire killed another 35 people, including six who were waiting for aid.
Geostrategy
What does NATO’s 5% spending deal really mean?
The Hague, Netherlands - NATO leaders are set to sign off Wednesday at their Hague summit on a defence spending...
- Trump has insisted NATO countries hit the five-percent bar -- well beyond the current two percent baseline level currently required by the alliance
- Only a handful of allies -- such as Poland and the Baltic states -- are coming close to five percent at the moment, with the United States itself under 3.4 percent in 2024
Geostrategy
Zohran Mamdani stuns political veteran in NYC mayoral primary
New York City Democrats chose 33-year-old Muslim socialist Zohran Mamdani as their mayoral candidate in Tuesday's elections, stunning his opponent,...
- "Tonight was not our night," Cuomo, a political veteran who was vying to come back from a sexual harassment scandal, told supporters at an election night party
- The party's primary contest featured almost a dozen candidates seeking to become mayor of the biggest US city, where registered Democrats outnumber Republicans three to one
Geostrategy
China calls CIA videos ‘absurd’ attempt to recruit spies for America
China's Ministry of State Security (MSS) said the placement of what amounted to job advertisements on social media platform X...
- China said the placement of what amounted to job advertisements on social media platform X was an "amateurish gambit" to convince people to spy for America
- CIA director John Ratcliffe said that the videos posted last month -- which implored the sharing of state secrets -- were aimed at "recruiting Chinese officials to help the US".
Geostrategy
US intel says Iran nuclear sites not destroyed, only set back by a few months
Trump rejected that claim on Tuesday, posting on his Truth Social account that “the nuclear sites in Iran are completely...
- Trump rebuffed that claim on Tuesday, posting on his Truth Social account that "THE NUCLEAR SITES IN IRAN ARE COMPLETELY DESTROYED!"
- White House Press Secretary Karoline Leavitt had previously confirmed the authenticity of the assessment but said it was "flat-out wrong".
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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
Billionaire Ellison offers personal guarantee for son’s Warner Bros bid
Washington, United States -- Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile...
Business
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Southern EU countries call for ‘immediate release’ of Gaza aid
Countries of the so-called MED9 group -- Croatia, Cyprus, France, Greece, Italy, Malta, Portugal, Slovenia and Spain -- met on...
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,...
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...
Geostrategy
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Geostrategy
Trump says Gaza ceasefire still in force after Israeli strikes, suggests Hamas leadership didn’t violate truce
Asked by reporters whether the truce was still in effect, Trump said: "Yeah, it is". The US president, who helped...
- The dozens of strikes Israel carried out on Hamas positions in Gaza Sunday came after it accused the militant group of targeting its troops in "a blatant violation" of the truce
- The deal established the outline for hostage and prisoner exchanges, and proposed an ambitious roadmap for Gaza's future, but it has quickly faced challenges to its implementation
Geostrategy
Cash-strapped Gazans left disappointed as first banks reopen
Deir el-Balah, Palestinian Territories -- The Palestinians trying to rebuild their lives in the ruins of Gaza are short of...
- Food is purchased with cash or through bank transfers, which are often complicated due to power and communication outages.
- Gazans have lost a lot of savings and commissions on transfers can reach 40 percent.
Geostrategy
Publishers fight back against US book bans
Frankfurt, Germany -- Escalating attempts to remove works featuring themes such as LGBTQ lifestyles and race relations from US bookshelves...
- In 2020 just under 300 titles faced "challenges" -- demands to restrict access to them or remove them entirely -- across the United States.
- That number began surging the following year, and reached over 9,000 in 2023, said the NGO, whose office for intellectual freedom has been tracking challenges since 1990.