Iran says no sanctions relief in US nuclear proposal
Tehran, Iran -- Iran's parliament speaker said on Sunday that the latest US proposal for a nuclear deal does not...
Geostrategy
Apple under pressure to shine after AI stumble
Apple will showcase plans for its coveted devices and the software powering them at its annual Worldwide Developers Conference (WWDC)...
Business
Business
Weibo plans $547m HK listing
Hong Kong listing is seen as a hedge against removal from US exchanges
- Listing in Hong Kong is seen as a hedge against the risk of being removed from US exchanges
- China also has been encouraging its big tech players to list either in Hong Kong or Shanghai
Business
Pandemic to cost global tourism $2trn
International tourist arrivals will this year remain 70-75 percent below the 1.5 billion arrivals recorded in 2019, before the pandemic...
- In addition to virus-related travel restrictions, the tourism sector is also grappling with the economic strain caused by the pandemic
- The spike in oils prices and the disruption of supply chains are also complicating matters
Business
Nissan eyes 2030 EV push
It wants half its sales to be electric or hybrid vehicles by 2030.
- The move follows in the footsteps of other major global automakers, which have increasingly signalled a move towards electric and hybrid vehicles
- Unveiling its new long-term plan, Nissan said it will launch 23 new models, including 15 new electric vehicles, in a bid to reach the 2030 goal
Business
Iran banks hail arbitration panel win over Bahrain
Two leading Iranian banks have welcomed a decision by a Hague-based tribunal to order Bahrain to pay them more than...
- Iran's state-owned Bank Melli and Bank Saderat sought arbitration in the case in 2017
- Hague based tribunal found that that Bahrain's motives had been primarily political
Science
Suspected Omicron cases mild: leading S.Africa doctor
A South African doctor who raised the alarm over Omicron said Sunday dozens of her patients suspected of having the...
- Angelique Coetzee, chair of the South African Medical Association, told AFP she had seen around 30 patients who tested positive for Covid-19 but had unfamiliar symptoms
- The World Health Organization has designated it a variant of concern, and scientists are working to assess its behavior
Business
Saudi Arabian dunes to host Dakar Rally 2022
The Dakar rally will be raced across the daunting deserts of Saudi Arabia again in 2022 with organizers on Sunday...
- The January 1-14 endurance test will be a third Dakar rally in Saudi Arabia
- The landscape and backdrop of the course is similar to the last edition, and it begins and ends after 12 stages in the port city of Jeddah
Geostrategy
US Navy rescues Iran seamen from Gulf of Oman
A US Navy arrived also helped the Iranian seamen with food, water, and medical care.
- The two men were transported to an Omani coastguard vessel near the capital Muscat
- The mariners were in good health and spirits at the time of the transfer, said the US Navy
Business
Big WTO conference postponed due to new Omicron variant
The Omicron variant of Covid-19 has led to travel restrictions, which has forced the WTO to postpone the ministerial conference...
- The meeting was the World Trade Organization ministerial conference, the global trade body’s biggest gathering in four years
- It has been cancelled a second time as it was originally scheduled for June 2020
Geostrategy
Israel closes borders to all foreigners over Omicron
It was only four weeks ago that Israel reopened its borders to foreign tourists after a prolonged closure due to...
- Israeli citizens will be required to present a negative PCR test and quarantine themselves for three days if they have been vaccinated
- The number of days of quarantine goes up to seven if they have not been vaccinated
Economy
Iran cracks down on farmers protesting dried-up river
The riverbed has been the rallying spot for farmers and other people from across Isfahan province protesting the lack of...
- Iran deployed riot police in force on Saturday, November 28, in the city of Isfahan as farmers protested the drying up of a river
- The authorities said at least 67 people were arrested as the cops cracked down on the protesters
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Iran says no sanctions relief in US nuclear proposal
Tehran, Iran -- Iran's parliament speaker said on Sunday that the latest US proposal for a nuclear deal does not...
Geostrategy
Company News
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Up to 15,000 dead in Sudan’s Darfur town, UN experts say
The conflict has claimed more than 13,000 lives, according to a conservative estimate by the ACLED analysis group, on which...
Geostrategy
Israel says 21 soldiers killed in deadliest day of ground war
"We worked to find the victims until the last hours," military spokesman Daniel Hagari said, indicating the difficulty in extracting...
Geostrategy
Gaza activists urge voters to write ‘ceasefire’ on US primary ballots
A separate campaign is urging supporters to write Biden's name on the ballot in exactly the same manner that "Vote...
Geostrategy
Most Read
Business
United forecasts first quarter loss
The company beat analysts' expectation for the fourth quarter.
- The US airline's decision to ground its 737 MAX 9 fleet came amid heightened scrutiny of Boeing's narrow-body airliner following a recent scare on an Alaska Airlines plane
- While there were no fatalities or serious injuries in the January 5 incident, US regulators grounded 171 jets from the 737 MAX 9 fleet with the same configuration
Business
Macy’s rejects $5.8bn takeover deal
The company also owns the Bloomingdale's store chain.
- Macy's said the proposal "does not constitute a basis to enter into a non-disclosure agreement," with Arkhouse and Brigade
- In a letter to the two firms, Macy's chairman Jeff Gennette said he had "serious reservations" about their ability to finance the deal
Geostrategy
Israeli strikes kills 200 in Lebanon since Gaza war began
Since the outbreak of war between Hamas and Israel on October 7, the Lebanese-Israeli border has witnessed a near-daily exchange...
- Monday saw air strikes and artillery shelling targeting Lebanese border villages, with a high school damaged in Taybeh near the Israeli border.
- More than 83,000 Lebanese have been forced to flee their homes since hostilities began, according to the International Organization for Migration.