Trump touts tariffs, mass deportations and NATO skepticism
In his first formal television interview -- and just six weeks before he takes office -- Trump again signaled that...
Geostrategy
Qatar resumes Gaza mediation: source with knowledge of talks
Doha, Qatar - Qatar has resumed its role as a mediator in efforts to secure a truce in the Israel-Hamas war...
Business
Lamborghini sales up in 2023
The deliveries sped up 9.5 percent to 10,112 vehicles.
- 2023 was the best year ever recorded," the brand said in a press release, with sales up 12.1 percent to US$2.9 billion
- Operating profit reached $785 million, up 17.8 percent, with operating margins widening to 27.2 percent, said Lamborghini
Business
Will sign US$13.7bn deal with Airbus, says Korean Air
SEOUL, SOUTH KOREA – South Korean flag carrier Korean Air said on Thursday it will sign a US$13.7 billion deal with...
- The move comes after the European Union approved the airline's takeover of smaller rival Asiana.
- The deal involves the purchase of 27 A350-1000 and six A350-900 aircraft, Korean Air said.
Geostrategy
Death toll in Israeli attack on West Bank refugee camp rises to 4
"Palestine Red Crescent ambulance teams have just transported an 18-year-old young man who was killed by the Israeli occupation forces...
- Two of the four Palestinians were killed by an air strike and two by live bullets, the Red Crescent said.
- More than 430 Palestinians have been killed in the territory by Israeli troops or settlers since Oct 7.
Economy
IMF chief urges countries to strengthen independence of central banks
"Financial stability benefits the whole economy and reduces the risk that the central bank becomes reluctant to raise interest rates...
- "Central bank independence matters for price stability -- and price stability matters for consistent long-term growth," IMF managing director Kristalina Georgieva wrote.
- She added that better control of inflation is possible when both central banks and governments play their roles
UN General Assembly to address AI’s potential risks, rewards
The resolution focuses more on the technology's positive potential, and calls for special care "to bridge the artificial intelligence and...
- The text, co-sponsored by dozens of countries, emphasizes the necessity of guidelines "to promote safe, secure and trustworthy artificial intelligence systems"
- The draft resolution seeks "to promote, not hinder, digital transformation and equitable access" to AI in order to achieve the UN's Sustainable Development Goals
Meta, Microsoft slam Apple over app store policy
The four companies filed a rare joint amicus brief in a California court in charge of applying a ruling that...
- The Apple Plan comports with neither the letter nor the spirit of the Court's mandate," Meta, Microsoft, X and Match said in their joint filing on Wednesday, in support of Epic
- The plan's "new restrictions are plainly designed to render alternatives to Apple's in-app purchases impractical for developers, and inaccessible to consumers," the companies said
Gold hits fresh record above $2,200 on rate cut hopes
The gains have been helped by a weaker dollar and the gold's attraction as a safe haven as geopolitical tensions...
- Equity markets in New York and across Asia surged and the dollar retreated
- Gold traders also joined the party to push the precious metal to as high as $2,220 per ounce
Business
Reddit to make trading debut on NYSE
It comes amid a slowdown in the tech sector IPOs.
- The company is set to debut Thursday on the NYSE under the ticker RDDT after an IPO priced at $34 dollars a share
- It was created in 2005 and was quickly sold to Conde Nast, the publisher of Vogue and the New Yorker magazine
‘US circulates draft UN resolution calling for immediate truce in Gaza’
"Of course, we stand with Israel and its right to defend itself... but at the same time, it's imperative that...
- We actually have a resolution that we put forward right now that's before the United Nations Security Council that does call for an immediate ceasefire, Blinken said
- The United States had previously used its UN Security Council veto to block the world body from calling for an immediate ceasefire in the Palestinian territory
Geostrategy
Saudi Arabia to donate US$40m for UN agency in Gaza
The funds, according to the King Salman Humanitarian Aid and Relief Centre (KSrelief), would support UNRWA's "humanitarian relief efforts in...
- Israel accused some of UNRWA's employees of involvement in the October 7 Hamas attack
- The UN has said that Israel has not provided it with any evidence for the allegations
Trump touts tariffs, mass deportations and NATO skepticism
In his first formal television interview -- and just six weeks before he takes office -- Trump again signaled that...
Geostrategy
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Israel and Hezbollah: A complex history of decades-long conflict and tensions
Nicosia, Cyprus - Israel and Lebanon's Shiite Muslim movement Hezbollah, whose leader Hassan Nasrallah was killed in an Israeli air strike...
Geostrategy
More than 100 killed in Lebanon as Israel attacks south and central Beirut
Israeli fighter jets pounded parts of Lebanon and a drone attacked a Sunni neighborhood in central Beirut killing dozens across...
Geostrategy
How Israel killed Hezbollah leader Hassan Nasrallah?
Israel has been planning for months to kill Hezbollah leader Hassan Nasrallah in south Beirut. Reports say Israeli PM approved...
Geostrategy
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Business
Lebanon may be seeing ‘largest displacement’ ever: PM
Prime Minister Najib Mikati said that "the estimated number is very high and may reach one million" -- which would...
- On Friday, Israel killed Hezbollah's leader Hassan Nasrallah in a move many fear risks destabilizing Lebanon and the wider region.
- Since Monday, intense Israeli attacks across Lebanon's east, south and on southern Beirut have killed hundreds of people and forced many to flee their homes.
Trump launches into ‘dark speech’ on illegal immigration
Anti-immigrant sentiment has been at the core of Trump's appeal in economically depressed, majority-white parts of the country ever since...
- Trump was seeking to strike back at Harris after she visited the US-Mexico border on Friday and vowed to do more to control asylum claims
- The issue is one of the Democratic vice president’s weakest in polling, as she runs neck-and-neck against Trump in the November 5 election
Geostrategy
Retaliation or defeat: Hezbollah at crossroads after Nasrallah’s killing
Widely seen as the most powerful man in Lebanon before his death of Friday, Nasrallah was the face of Hezbollah...
- Widely seen as the most powerful man in Lebanon before his death of Friday, Nasrallah was the face of Hezbollah and Israel's arch-nemesis for more than 30 years
- But Nasrallah's killing in Hezbollah's southern Beirut bastion known as Dahiyeh was the culmination of two weeks of unprecedented blows to the Iran-backed group