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Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Bitcoin falls below $80,000 first time since November amid market volatility

Hong Kong, China -- Bitcoin sank below $80,000 on Friday for the first time in more than three months as...
  • The digital unit fell to as low as $79,525.88 in early Asian trade -- its lowest level since November 11 and sharply down from the record above $109,000 seen just last month.
  • The unit saw an eye-watering rally after Donald Trump's election victory in November after he promised on the campaign trail to free up regulations surrounding digital token.

Mediators hope for end to conflict as next phase of Gaza ceasefire talks in Cairo begins

Mediator Egypt say Israeli, Qatari and US delegations were already in Cairo for "intensive" talks on the next stage of...
  • A hostage-Palestinian detainees swap early Thursday was the final one under the initial stage of the truce that took effect on January 19.
  • Over the past several weeks, Hamas freed in stages 25 living Israeli and dual-national hostages and returned the bodies of eight others.

Hamas, Israel prisoner swap advances as talks for ceasefire’s next phase loom

Israeli authorities received four hostage bodies from Hamas, while Palestinian prisoners were welcomed in Ramallah, as ceasefire negotiations involving Egypt,...
  • The office of Prime Minister Benjamin Netanyahu confirmed they had received the coffins of "four fallen hostages", and a process to formally identify them had started in Israel
  • The ceasefire has largely halted the war sparked by Hamas's October 7, 2023 attack on Israel, and seen 25 hostages released alive so far in exchange for more than 1,100 prisoners

Billionaire Bezos announces restrictions on Washington Post opinion coverage

Washington, United States - The Washington Post will no longer run views opposed to "personal liberties and free markets" on...
  • "We are going to be writing every day in support and defense of two pillars: personal liberties and free markets," wrote Bezos on social media platform X
  • In January, an award-winning political cartoonist for the newspaper announced her resignation after a cartoon depicting Bezos groveling before Trump was rejected

Deal restored: Hamas, Israel finalize exchange of Palestinian prisoners for bodies of Israeli hostages

Mediators have revived a deal for Israel to release Palestinian prisoners in exchange for the bodies of four Israeli hostages,...
  • Palestinian militant group Hamas confirmed the agreement, under Egyptian supervision, saying it was part of the first phase of its ceasefire deal with Israel
  • On Sunday, Hamas accused Israel of endangering the five-week-old Gaza truce by delaying the release of 600 Palestinian prisoners

UN warns of last chance for two-state Israeli-Palestinian solution

Sigrid Kaag, the UN envoy for the peace process in the region, also warned against calls for Israel to annex...
  • "The people of the region can emerge from this period with peace, security, and dignity. However, this may be our last chance to achieve the two-state solution," said Kaag.
  • Kaag called on Hamas and Israel to agree on the second phase of the ceasefire in the Gaza war and avoid a resumption of fighting.

US, Russia to appoint negotiators for Ukraine talks; Kyiv protests exclusion, Europe awaits role

Washington noted European nations would have to have a seat at the negotiating table "at some point", following the first...
  • Some European leaders, alarmed by President Donald Trump's overhaul of US policy on Russia, fear Washington will make serious concessions to Moscow
  • Ukrainian President Volodymyr Zelensky slammed his nation's exclusion from the Riyadh gathering, which lasted for more than four hours, saying talks should involve European nations

Iran’s Khamenei: US plan to displace Gazans ‘will go nowhere’

Tehran, Iran - Iran's supreme leader Ayatollah Ali Khamenei on Tuesday dismissed a proposal by the United States to displace Palestinians...
  • Khamenei made the remarks during a meeting in Tehran with Ziyad al-Nakhalah, leader of the Palestinian militant group Islamic Jihad
  • US President Donald Trump this month proposed a plan for a US takeover of the war-battered Gaza Strip and its Palestinian inhabitants to be relocated elsewhere

More than one million Syrians return to their homes: United Nations

Geneva, Switzerland -- More than one million people have returned to their homes in Syria after the overthrow of Bashar al-Assad,...
  • The returnees include 280,000 Syrian refugees and more than 800,000 people displaced inside the country.
  • Syria's war has killed more than half a million people and displaced millions from their homes.

Netanyahu commits to Trump’s Gaza plan as Rubio seeks Arab backing in Saudi talks

In a statement on Monday, Israeli Prime Minister Benjamin Netanyahu said he was "committed to US President Trump's plan for...
  • Arriving in the kingdom after talks in Israel, Secretary of State Marco Rubio - on his first visit to the Middle East - met Crown Prince Mohammed bin Salman
  • A Saudi source had earlier told AFP that Riyadh would host a regional summit later this week "to discuss Arab alternatives" to President Donald Trump's plan for Gaza

World’s tiniest pacemaker is smaller than grain of rice

Paris, France -- Scientists said Wednesday they have developed the world's tiniest pacemaker, a temporary heartbeat regulator smaller than a...

Latest News

Iran says it has responded to Trump’s nuclear talks letter

Iran has sent a response to a letter from US President Donald Trump that called for nuclear talks and warned...

Lawyer complains Turkish student held in US ‘abducted’

A lawyer representing a Turkish university student detained in the United States and facing deportation said Thursday that his client...

Palestinian sources say Hamas, mediators in new talks to revive Gaza truce, hostage release deal

Negotiations between Hamas and Israel, mediated by Egypt along with Qatar and the United States, have been deadlocked for weeks...

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Automakers lead market losses after Trump tariffs on imported vehicles

Wall Street's main indexes opened in the red, with General Motors sinking more than nine percent in early trading while...
  • Among European auto firms, Volkswagen shed 2.4 percent, Porsche was down around 3.5 percent, Mercedes lost four percent and BMW fell 2.7 percent.
  • In Mumbai, India's Tata Motors, which exports Jaguar Land Rovers to the United States, lost more than five percent.

From cars to champagne: Trump’s expanding tariffs trigger trade war fears

Paris, France -- From champagne to steel and now cars: it is getting harder to keep up with US President...
  • In early March, Trump imposed a 20 percent tariff on products from China, which has a huge trade surplus with the United States and was already his top target during his first term
  • Trump announced earlier he would slap 25-percent tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India.

Lebanon cabinet appoints Karim Souaid central bank governor

Born in 1964, Souaid officially takes over after embattled former chief Riad Salameh's term expired in July 2023 with no...
  • First vice-governor Wassim Manssouri had been acting head of the bank, a post that is traditionally reserved for a Maronite Christian in Lebanon's sectarian power-sharing system.
  • Souaid is the founder and managing partner at Gulf-based Growthgate, according to his biography on the private investment firm's website.