Nvidia marks Paris tech fair with Europe AI push
Paris, France -- Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday...
Business
Tehran readies counter-proposal as Iran-US nuclear talks set to resume Sunday in Muscat
Iran has said it will present a counter-proposal to the latest draft from Washington, which it had criticised for failing...
Geostrategy
Business
Russia fines Google, Meta
The regulator said Google, Meta had "ignored multiple demands”
- Moscow has repeatedly taken legal action against them for allegedly not moderating their content properly and interfering in the country's affairs
- But so far fines on Facebook parent company Meta and Google have stretched into the tens of millions of rubles, not billions
Geostrategy
Dutch police arrest man over Saudi embassy shooting
The 40-year-old suspect was detained in Zoetermeer, 16 kilometres (10 miles) from the Hague, about eight hours after the shooting...
- The 40-year-old suspect was detained in Zoetermeer, 16 kilometres (10 miles) from the Hague, about eight hours after the shooting at 6am (0500 GMT)
- The incident comes a day after a bomb blast struck a World War I commemoration attended by foreign diplomats in the Saudi city of Jeddah
Geostrategy
Governor of Iraq’s Najaf resigns after protests
Louai al-Yasseri resigned from his leadership in Najaf, in central Iraq, a day after the governor of Nasiriyah province in...
- Louai al-Yasseri resigned from his leadership in Najaf, a day after the governor of Nasiriyah province in the south quit following the violent suppression of protests
- Their departures underline the challenges facing war-scarred Iraq and how little has changed despite protests that swept Baghdad and the South two years ago
Business
Over 2,000 flights cancelled as Omicron hits holiday travel
Estimates from the American Automobile Association revealed more than 109 million Americans were scheduled to travel by plane, train or...
- According to tracking website Flightaware.com at 1540 GMT on Friday, a total of 2,118 flights had been cancelled worldwide
- Pilots, flights attendants and other staff have been calling in sick or having to quarantine after exposure to Covid
Geostrategy
World powers urge Libya to reschedule presidential vote ‘swiftly’
The authorities overseeing Libya's first presidential election said earlier this week holding it on Friday as scheduled would be "impossible"....
- Speculation of a delay had been mounting for weeks, with bitter disputes over the vote's legal basis
- Disputes also raged over the powers the winner would have, and the candidacies of several divisive figures
Economy
Omicron surge pushes Morocco to extend flight ban
The restrictions have dealt a punishing blow to the North African country's vital tourism sector.
- Morocco imposed the measure to run initially from late November until December 31
- This, despite a mechanism being in place for Moroccan citizens stranded abroad to come home
Business
Russia fines Google $98m
The fine was for repeatedly failing to delete ‘illegal’ content.
- Russia has piled fines on the world's biggest internet platforms, accusing them of not moderating their content properly
- But so far fines on Facebook parent company Meta, Twitter, and Google have stretched into the tens of millions of rubles, not billions
Business
Omicron cloud intensifies over Consumer Electronics Show
Google, Lenovo, and Intel are the latest global tech companies to bow out of the January 2022 Consumer Electronics Show...
- The popular four-day conference, which had planned for a grand return, is still scheduled to start January 5
- But this week Facebook parent company Meta, Amazon, T-Mobile, and Twitter canceled their appearances
Geostrategy
IMF extends Covid emergency funding by 18 months
The emergency funding was set up to help nations that have been severely impacted by the Covid-19 pandemic.
- The IMF in April 2020 eased access to such aid, including raising the level of funding that countries could obtain
- The programs have already been extended twice, in September 2020 and again in March this year
Arts & Culture
Christmas joy dims in Syria as only the elderly remain
The brutal occupation of the Homs province by the Islamic State group has left the local Christian community devastated.
- The town of Al-Qaryatain in Syria’s Homs province was once viewed as a symbol of coexistence between Christians and Muslims
- The communities had lived there together for centuries before the Islamic State group seized the area in 2015
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
Nvidia marks Paris tech fair with Europe AI push
Paris, France -- Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday...
Business
Company News
Latest News
US Fed rate cuts become question of when, not if
Washington, United States -- The US Federal Reserve is widely expected to start cutting interest rates in the coming months, as...
Economy
Turkey earthquake survivors seek justice one year on
The disaster, which killed more than 50,000 people in all, was Turkey's deadliest in many centuries. President Recep Tayyip Erdogan...
Economy
Trump stokes opposition to Biden border plan
With immigration one of the hottest electoral issues in what increasingly looks like a Trump-Biden rematch for the White House,...
Geostrategy
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Geostrategy
UN chief asks donors for ‘continuity’ in Gaza agency operations
The row between Israel and UNRWA follows the UN's ICJ ruling that Israel must prevent possible acts of genocide in...
- UN agency has fired several staff over Israel's accusations
- Several key donor countries have said they will temporarily suspend their funding
Geostrategy
Israel to stop UN agency’s activities in Gaza after war
Israeli Foreign Minister Israel Katz called on UNRWA Commissioner-General to quit his post. Katz said in a statement that the...
- UNRWA said Friday it had fired several employees over Israel's accusations
- Donors including Germany, Britain and others suspended additional funding to the agency
Geostrategy
Thousands march in Spain against Gaza ‘genocide’
Waving Palestinian flags and shouting slogans denouncing Israel, protestors expressed gratitude to South Africa for having brought the case against...
- The ICJ in its ruling said Israel must prevent genocide in its war with Hamas
- Many protestors carried banners calling for sanctions to be levied against Israel