US still wants talks with Iran on Sunday: US official
Washington, United States - The United States still hopes to hold talks Sunday with Iran, even after Israel launched a...
Geostrategy
Chip-maker Micron expands US investment to $200 bn backed by Trump
Washington, United States -- Chip giant Micron Technology on Thursday said it was expanding its domestic investment plan to $200...
Business
Business
Markets struggle ahead of US jobs report, expected interest hike by Fed
Global stock markets wavered Friday as dealers awaited vital US jobs data and mulled the Federal Reserve's readiness to hike...
- London stocks edged higher in late morning deals, while Frankfurt nudged lower and Paris was flat nearing midday in the eurozone.
- Bitcoin was also under pressure, falling for a second day to as low as $41,008, a level not seen since the end of September.
Science
‘Ocean battery’ targets renewable energy dilemma
Amid the growing push away from climate-warming energy sources like coal, stockpiling green energy is key, experts say.
- Amid the growing push away from climate-warming energy sources like coal, stockpiling green energy is key, experts say
- Bliek's "ocean battery" relies on massive flexible bladders on the seabed, which are filled up with seawater by the wind farm
Geostrategy
US arrests man spying on opponents of Egypt president
Pierre Girgis was charged under a law that makes it illegal to act as a representative of a foreign government...
- Pierre Girgis, 39, was charged in New York with acting illegally as an unregistered agent of the Egyptian government
- Acting at the direction of Egyptian officials, Girgis ‘tracked and obtained information regarding political opponents’ of Sisi
Economy
Turkey president eyes youth support ahead of 2023 election
Analysts think politically diverse Gen Z voters hold one of the keys to Erdogan's tricky path to presidential re-election.
- Unlike the youth of 2002, today's teens appear more tempted to blame his government for their woes
- These include runaway inflation, a battered currency, and an economy where more than 40 percent earn the minimum wage
Geostrategy
Tehran to Seoul: Don’t wait to release frozen funds
Iranian negotiator Bagheri made the comment during a meeting with Seoul’s Vice Foreign Minister Choi Jong-kun in Viena.
- Iranian negotiator Bagheri made the comment during a meeting with Seoul’s Vice Foreign Minister Choi Jong-kun in Viena
- Last year a row between the two countries intensified with Tehran threatening legal action unless Seoul released the over $7 billion in frozen funds for oil shipments
Business
Samsung sees 52% jump in profits
The firm was boosted by record sales in 4th quarter.
- The world's biggest smartphone maker forecast 2021 fourth-quarter operating profits at around 13.8 trillion won ($11.5 billion), up from 9.05 trillion won in the same quarter last
- The firm was boosted by record sales in the quarter, estimated at 76 trillion won, up 23.5 percent on-year, according to the company’s statement.
Science
Women’s periods may be slightly late after Covid vaccine: study
Period cycles generally last about 28 days, but the precise amount varies from one woman to another, as well as...
- But the number of days of bleeding was not affected, according to the research carried out on nearly 4,000 individuals and published in "Obstetrics & Gynecology."
- The study can also help counter anti-vaccine misinformation on the topic, which is rampant on social media
Science
Most countries may soon see annual heat extremes every two years
The researchers found that 92 percent of 165 countries studied will experience extremely hot annual temperatures every two years.
- Current plans would see emissions increase 13.7 percent by 2030, according to the United Nations climate change body UNFCCC
- Ideally, when they should fall by roughly half to keep the Paris Agreement warming limit of 1.5C within reach
Science
Calling Omicron ‘mild’ is a mistake, warns WHO chief
Just under 9.5 million new Covid-19 cases were reported to the WHO last week — a record, up 71 percent...
- Ninety-two of the WHO's 194 member states missed its vaccination target of 40 percent of the population by the end of 2021
- However, 36 of them had not even vaccinated 10 percent of the population, largely due to being unable to access doses
Geostrategy
Palestinian Wafa agency relaunches Hebrew service
The aim of relaunching the Hebrew coverage is to convey the Palestinian point of view to Israeli society in an...
- Wafa is directly affiliated with the Palestinian Authority and is headquartered in the city of Ramallah, in the occupied West Bank.
- It publishes in Arabic, English and French, but had stopped its Hebrew service in 2016.
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
US still wants talks with Iran on Sunday: US official
Washington, United States - The United States still hopes to hold talks Sunday with Iran, even after Israel launched a...
Geostrategy
Company News
TotalEnergies Q3 profit up 1.5%
Business
Latest News
Volvo Cars posts profit
Business
Mercedes-Benz profit slumps
Business
China edges out Japan as world’s top vehicle exporter
In recent years, China's auto sector has grown remarkably largely because of massive investments in electric cars, an area where...
Business
Pakistan ex-PM Imran Khan and wife get 14 years jail in graft case
Since being ousted in 2022, Khan has been buried by court cases he claims have been triggered to prevent his...
Geostrategy
Most Read
Business
Norway’s sovereign wealth fund posts record US$213bn profit
Oslo, Norway - Norway's sovereign wealth fund, the world's biggest, said Tuesday it raked in a record profit of 2.2 trillion...
- Fueled by revenues from Norway's state-owned oil and gas companies, the fund is aimed at financing future spending in the generous welfare state
- Around 71 percent of its portfolio was dedicated to equities, with stakes in 8,859 companies worldwide -- or 1.5 percent of all listed stocks
Geostrategy
Former Pakistan PM Imran Khan handed 10-year prison term
Islamabad, Pakistan - Former Pakistan prime minister Imran Khan was sentenced on Tuesday to 10 years in prison, less than two...
- Tuesday's sentence for leaking classified state documents was handed down inside Adiala jail -- where Khan has been confined for much of the time since his August arrest
- Local media reported the convictions and sentences although state TV did not use Khan's name, obeying strict censorship measures that have alarmed rights monitors
Business
UPS says will cut 12,000 jobs
The move comes as UPS seeks to "align" its resources.
- Three-quarters of the reductions are set to come in the first half, UPS CEO said.
- The decision comes after UPS reported Q4 2023 revenues of US$24.9 billion.