Meta secures nuclear energy in 20-year Illinois plant deal
Washington, United States -- Facebook owner Meta announced Tuesday a 20-year nuclear energy agreement with US-based Constellation Energy to secure...
Business
UN chief calls for probe into deaths near Gaza aid site
Gaza's civil defense agency said Israeli gunfire killed at least 31 people and wounded 176 near the aid distribution site...
Geostrategy
Business
Toyota makes US battery push
Japanese firm Toyota is the world’s biggest carmaker.
- Toyota has unveiled plans to invest $3.4 billion into automotive batteries in the United States
- As part of the plan, it will build a factory in the country for production of such batteries
Economy
Asian markets weighed by inflation woes, China growth slows
The losses follow a healthy run-up last week across the world fuelled by a strong start to the earnings season.
- The losses follow a healthy run-up last week across the world fuelled by a strong start to the earnings season
- Adding to the grey mood was data showing growth in China's economy, the world's second-biggest, slowed further in the third quarter
Business
No fear of inflation becoming a ‘runaway train,’ says IMF chief
Global finance officials are worried about rising inflation pressures but there it is little fear that it will become a...
- However, in advanced economies “policymakers have the tools” to deal with inflation
- With supply chain bottlenecks growing in the face of surging demand, policymakers have focused attention on rising prices
Business
Facebook ‘metaverse’ to become reality soon
The technology might, for example, allow someone to don virtual reality glasses that make it feel as if they're face-to-face...
- The technology might, for example, allow someone to don virtual reality glasses that make it feel as if they're face-to-face with a friend
- Metaverse enthusiasts point out that the internet is already starting to blur the lines between virtual experiences and "real" ones
Geostrategy
Iran MP says to resume nuclear talks, awaits EU confirmation
Foreign Minister Hossein Amir-Abdollahian said that talks with the 4+1 Group will restart on Thursday in Brussels.
- Foreign Minister Hossein Amir-Abdollahian said that talks with the 4+1 Group will restart on Thursday in Brussels
- Biden has said he is ready to return to the 2015 agreement if the Islamic republic re-adheres to its nuclear commitments
Business
Newcastle fans celebrate new era for the club under Saudi ownership
Hundreds of supporters sported traditional Saudi headdress and flew flags of the Gulf kingdom ahead of the Magpies' first match...
- Newcastle fans celebrated the departure of unpopular former owner Mike Ashley
- The fans are already dreaming big as they aim to follow in the footsteps of Manchester City
Business
Jordan, Saudi Arabia investors launch Fly Aqaba
The new airline, Fly Aqaba, was set up with $20 million in private sector investment, said Nayef Bakhit, president of...
- Flights will connect Aqaba to Amman as well as European and other Arab cities "at competitive prices"
- The Covid-19 pandemic has badly dented Jordan's tourism industry, which represented 14 percent of its GDP
Geostrategy
Low turnout as Lebanese mark two years of protests
Lebanon marked the second anniversary of its defunct protest movement with a low-key demonstration in Beirut Sunday, while many stayed...
- Dozens marched under rain clouds towards Martyrs' Square in central Beirut
- Almost 80 percent of the population live in poverty, struggling to put food on the table amid endless price hikes
Science
Climate change a double blow for oil-rich Mideast: experts
The climate crisis threatens a double blow for the Middle East, experts say, by destroying its oil income as the...
- Little has been done to address the challenge in a region long plagued by civil strife, war and refugee flows
- Yet it is also home to several of the last countries that have not ratified the 2015 Paris Agreement
Geostrategy
Iran to resume nuclear talks on Thursday: MP
Iran and Britain, China, France and Russia besides the EU opened talks in Vienna in April.
- The United States, which pulled out of the talks under Donald Trump's rule, has taken part in indirect negotiations.
- US president Joe Biden has said he is ready to return to the agreement if Iran re-adheres to its nuclear commitments.
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Meta secures nuclear energy in 20-year Illinois plant deal
Washington, United States -- Facebook owner Meta announced Tuesday a 20-year nuclear energy agreement with US-based Constellation Energy to secure...
Business
Company News
Afghan embassy in India suspends operations
Geostrategy
Latest News
Turkish strikes leaves hundreds of Syrian villages without electricity
Qamishli, Syria - Hundreds of northeast Syrian villages and towns have lost power after Turkish strikes pounded electricity stations and infrastructure,...
Geostrategy
Iran asks US and Britain to ‘stop war against Yemen’
Tehran, Iran - Iran urged on Monday the United States and Britain to "stop the war against Yemen" following their recent...
Geostrategy
Gaza war deaths top 24,000 as UN chief calls for ceasefire again
Bringing food and supplies to the besieged population of Gaza, which is increasingly at risk of famine, also depends on...
Geostrategy
Most Read
Business
Stock markets: Germany drags Europe down, Tokyo rises again
In Asia, Tokyo rose for a sixth successive day to build on last week's advances, which saw the Nikkei break...
- "European stock markets were softer... as the week got off to a relatively quiet, risk-averse start," noted Neil Wilson, chief market analyst at Finalto trading group
- In Asia, Tokyo rose for a sixth successive day to build on last week's advances, which saw the Nikkei break above 35,000 points for the first time since 1990
World Economic Forum
IMF chief at Davos: AI holds risks, opportunity for global economy
Artificial intelligence poses risks to job security around the world but also offers a "tremendous opportunity" to boost flagging productivity...
- "We must focus on helping low-income countries in particular to move faster to be able to catch the opportunities that artificial intelligence will present," Georgieva told AFP.
- Georgieva said 2024 is likely to be "a very tough year" for fiscal policy worldwide, as countries look to tackle debt burdens accumulated during the Covid-19 pandemic.
Geostrategy
Israeli forces kill five Palestinians in West Bank
Violence has surged in the West Bank since October 7, when the Palestinian armed group Hamas launched an attack in...
- Troops chased a car that had run a checkpoint near the city of Hebron and "fired toward the terrorists and neutralized them", the Israeli army
- Palestinian health ministry in Ramallah confirmed the men were killed, while the Palestinian Red Crescent Society said it had received their bodies