Palestine, Syria celebrate reaching Arab Cup quarter-finals
Celebrations erupted on the pitch and in the stands in Doha on Sunday when both Palestine and Syria made it...
Economy
Netflix’s $83 billion takeover of Warner Bros reshapes Hollywood as regulators prepare intense antitrust scrutiny
Streaming giant Netflix said Friday it will buy film and television studio Warner Bros. Discovery for nearly $83 billion, the...
Business
Business
Boeing to sell some assets to Thoma Bravo
The $10.55 bn sale includes portions of digital aviation solutions business.
- The transaction includes Jeppesen, an 81-year-old aviation navigation company that Boeing acquired in 2000.
- Boeing chief executive Kelly Ortberg has described targeted divestitures as a way to improve the company's financial position after a series of losses.
Economy
Trump tariffs have increased financial stability risks: IMF report
The IMF's Global Financial Stability Report (GFSR) was published as world financial leaders gather for meetings in Washington under the...
- GFSR's authors found that "global financial stability risks have increased significantly, driven by tighter global financial conditions and heightened economic uncertainty."
- The Fund also warned that geopolitical risk -- including military conflicts -- could raise risks to financial stability.
Arts & Culture
As world mourns, cardinals meeting to decide the date for Pope Francis’s funeral
Vatican City, Holy See - Cardinals will meet Tuesday to decide the date for Pope Francis's funeral, starting a process...
- Francis, the head of the world's 1.4 billion Catholics, died at his home in the Vatican on Monday aged 88 after suffering a stroke
- Tributes have poured in from around the globe for Francis, a liberal reformer who took over following the resignation of German theologian Benedict XVI in 2013
Saudi Aramco, BYD form alliance to develop low-carbon automotive innovations amid EV growth
Saudi Aramco, the world's largest producer of oil, "is exploring a number of ways to potentially optimize transport efficiency, from...
- The Saudi oil giant is already a partner with Renault of France and the Chinese automaker Geely in a joint venture to produce thermal engines
- Saudi Arabia is working to diversify its economy, which is dependent on oil export revenue, and wants to set up 5,000 EV charging stations by 2030
Geostrategy
Israel security chief accuses PM of demanding personal loyalty
Israel's internal security chief, whom the government is trying to sack, accused Prime Minister Benjamin Netanyahu Monday of demanding personal...
- Ronen Bar's accusations, in a sworn statement to the Supreme Court, are the latest twist in a legal and political saga pitting him against Netanyahu
- Bar's dismissal, announced by the government last month but frozen by the court, triggered mass protests
Geostrategy
US envoy to Israel urges Hamas to sign deal so aid can enter Gaza
The new US ambassador to Israel on Monday called on Palestinian militant group Hamas to accept a deal that would...
- Huckabee's message comes after Hamas on Thursday signalled its rejection of Israel's latest truce proposal, which proposed a hostage-prisoner swap and the entry of aid
- The militants' chief negotiator said the group rejected any "partial" agreements and sought a comprehensive deal including "halting the war" and an Israeli withdrawal from Gaza
Business
DHL to stop global shipments worth over $800 to US consumers
Washington, United States -- Global shipping giant DHL will "temporarily" suspend the shipping of parcels worth more than $800 from...
- President Trump has launched a wide-ranging trade war, threatening friend and foe alike with steep tariffs to address US trade deficits with individual countries.
- As part of those changes, the government has also lowered the threshold at which parcels to individuals require formal entry processing by US Customs -- down to $800 from $2,500.
Business
Gold hits record, dollar drops as tariff fears dampen sentiment
With several markets still closed for the Easter holiday, business was limited ahead of a week that will see the...
- The precious metal was also helped by a weaker dollar, which has also been hit by worries about Trump's standoff with Fed boss Jerome Powell.
- Stocks had a mixed start to the week, with Tokyo weighed by the stronger yen while Taipei, Jakarta and Bangkok were also in negative territory.
Geostrategy
Davos meet founder Klaus Schwab steps down from WEF board
Geneva, Switzerland -- The World Economic Forum said on Monday that its founder Klaus Schwab has stepped down from the...
- Schwab told the WEF's board that "as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect.
- The WEF said Vice Chairman Peter Brabeck-Letmathe was appointed board chairman in the interim and that a search committee for replacement had been appointed.
Geostrategy
Pope Francis is dead at 88, world leaders pay tributes to the energetic reformer
"Today, we lost a faithful friend of the Palestinian people and their legitimate rights," Palestinian president Mahmud Abbas said, noting...
- His death sets in motion centuries-old traditions that will culminate in the gathering of a conclave of cardinals to choose a successor.
- In the next four to six days the Vatican's cardinals will decide on the pope's funeral date, at which point his coffin will be transferred to St Peter's Basilica.
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Palestine, Syria celebrate reaching Arab Cup quarter-finals
Celebrations erupted on the pitch and in the stands in Doha on Sunday when both Palestine and Syria made it...
Economy
Company News
‘God’s Influencer’ to become first millennial saint
Arts & Culture
Latest News
Sweeping UN sanctions loom for Iran after nuclear talks fail
Sweeping UN sanctions loomed for Iran late Saturday for the first time in a decade, after last ditch nuclear talks...
Geostrategy
Concluded days after Israeli strikes on Qatar, Pakistan-Saudi defence pact oozes with unknowns
The new mutual defence pact signed by Pakistan and Saudi Arabia this month surprised many and came just days after...
Geostrategy
Trump’s granddaughter launches clothing brand from White House
Washington, United States - US President Donald Trump's granddaughter has unveiled a clothing brand bearing her name, with promotional photos...
Business
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Geostrategy
Netanyahu says Palestinian state would be ‘national suicide’ for Israel and reward for Hamas
Netanyahu, who said his speech was being partially broadcast on Israeli military loudspeakers in Gaza, vowed to "finish the job"...
- Netanyahu, who said his speech was being partially broadcast on Israeli military loudspeakers in Gaza, vowed to "finish the job" against Hamas
- Days after Britain, France and other Western powers recognized a state of Palestine, Netanyahu said that they had sent "a very clear message that murdering Jews pays off."
Business
Turkish Airlines inks big Boeing deal after Erdogan visits US
Istanbul, Turkey -- Turkish Airlines announced on Friday a deal to buy up to 225 Boeing jets, one day after...
- Erdogan-Trump meet raised Ankara's hopes of seeing Washington lift sanctions that since 2020 have blocked it from buying American F-35 fighter jets.
- The measures were imposed in retaliation for Turkey's purchase of the Russian S-400 missile defense system.
Geostrategy
Tehran, Moscow sign $25 bn deal to build nuclear plants in Iran: state media
Tehran, Iran -- Iran and Russia signed a $25 billion deal to build nuclear power plants in the Islamic republic,...
- Iran has just one operational nuclear power plant in Bushehr in the south, with a capacity of 1,000 megawatts.
- Each plant will have a capacity of 1,255 megawatts, though no details were provided on the timeline.