OpenAI declares ChatGPT ‘code red’ over stiff competition: report
Washington, United States -- OpenAI CEO Sam Altman has declared a company-wide "code red" as its ChatGPT technology faces stiff...
Business
Amazon tests ‘ultra-fast’ deliveries in two US cities
San Francisco, United States - Amazon on Monday began testing "ultra-fast" deliveries in two US cities, giving some shoppers the...
Business
Business
Stocks sink again as Trump holds firm on tariffs
Trading floors across the globe were overcome by waves of further selling after last week's sharp losses, with Trump telling...
- Wall Street was wracked by volatile trading, bouncing into positive territory on hopes of a 90-day pause in tariffs, only to sink lower when those were dashed by the White House.
- Trillions of dollars have been wiped off combined stock market valuations in recent sessions. Bitcoin tumbled, while the dollar rebounded after sharp losses last week.
Geostrategy
Turkey’s main opposition leader urges elections ‘in November at the latest’
The leader of Turkey's main opposition party on Sunday called for expected elections to be held "at the latest in...
- Addressing President Recep Tayyip Erdogan, CHP party leader Ozgur Ozel said: "In November at the latest, you will come to confront our candidate,"
- Ozel hailed the demonstrations triggered by last month's arrest of Imamoglu, Istanbul's popular opposition mayor who is widely considered Erdogan's greatest political threat
Geostrategy
Zelensky slams US lack of response to Putin truce rejection
Ukrainian President Volodymyr Zelensky on Sunday lamented the lack of a US response to Russia's refusal to sign "a full,...
- Russia mounted a "massive" missile and drone attack on Ukraine overnight that also wounded seven people, Zelensky said
- Ukraine has agreed to an unconditional truce in the more than three-year-long war proposed by the United States
Geostrategy
Thousands rally in Morocco at pro-Palestinian protest
Tens of thousands of people demonstrated in Morocco's capital on Sunday against the conflict in the Gaza Strip where Israel...
- The largest pro-Palestinian protest in the capital Rabat for several months was called by the Islamist-dominated coalition the Justice and Development party
- Protesters were accompanied by chanting and the beating of drums as they marched down the city's Mohammed V Avenue near parliament
Economy
Saudi stocks take 5-year record fall, plunge nearly 7% after US tariffs spark global market turmoil
Other Gulf markets also took a dive, reflecting global trends as countries around the world grapple with Trump's shock tariffs...
- President Donald Trump's tariff offensive unleashed this week has sparked a global stock market rout, also raising fears of a general trade war and recession
- State-run financial newspaper Al-Eqtisadiah said that "the Saudi stock market lost more than half a trillion riyals (about $133 billion) in market value during Sunday's trading"
Geostrategy
Tens of thousands march in US against Trump ‘devastation’
Opponents of the Republican president's policies -- from government staffing cuts to trade tariffs and eroding civil liberties -- rallied...
- As Trump continues upending Washington, his approval rating has fallen to its lowest since taking office, according to recent polling.
- In Washington, thousands of demonstrators -- many traveling from across the United States -- gathered on the National Mall where dozens of speakers rallied opposition to Trump.
Geostrategy
Macron to hold summit with Egyptian, Jordanian leaders as Israel pushes to seize Gaza territory
Meanwhile, a video recovered from the cellphone of an aid worker killed in Gaza alongside other rescuers shows their final...
- Israel has pushed to seize territory in Gaza since the collapse of a short-lived truce, in what it has called a strategy to force the militants to free hostages.
- The French president is expected in Cairo on Sunday evening, where he will hold talks with his Egyptian counterpart on Monday morning.
Science
Research on multiple sclerosis wins ‘Oscars of science’
Stephen Hauser and Alberto Ascherio were recognized for their decades researching the debilitating neurodegenerative disease, which affects nearly three million...
- Scientists knew the disease, which damages the central nervous system and leads to paralyzing cognitive and motor problems, was caused by the immune system turning on the body.
- But they thought the white blood cells known as T cells were the lone culprit. Hauser questioned that.
Geostrategy
Syrian government says studying Amnesty report on massacres
Syria's government said late Friday it was "closely following" the findings of a new Amnesty International report urging an investigation...
- Amnesty called on the Syrian government in a report on Thursday to ensure accountability for the massacres targeting the Alawite minority
- The Syrian Observatory for Human Rights monitor has said security forces and allied groups killed more than 1,700 civilians, mostly Alawites, during the violence
Economy
Trump’s global tariff takes effect in dramatic US trade shift
US President Donald Trump's widest-ranging tariffs to date took effect Saturday, in a move which could trigger retaliation and escalating...
- The trade gaps, said the White House, were driven by an "absence of reciprocity" in relationships and other policies like "exorbitant value-added taxes."
- Come April 9, around 60 trading partners -- including the European Union, Japan and China -- are set to face even higher rates tailored to each economy
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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
OpenAI declares ChatGPT ‘code red’ over stiff competition: report
Washington, United States -- OpenAI CEO Sam Altman has declared a company-wide "code red" as its ChatGPT technology faces stiff...
Business
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Seismic shift: UK, Australia and Canada recognize Palestinian state
Portugal was also to recognize Palestinian statehood, as Israel came under huge international pressure over the war in Gaza where...
Geostrategy
White House says $100,000 H-1B visa fee to be one-time payment
Washington, United States -- The White House issued a major clarification Saturday to its new H-1B visa policy that had...
Geostrategy
Landmark shift: Britain to recognize Palestinian state today
The United Kingdom has historically been a staunch supporter of Israel but has shifted position as Israel has intensified the...
Geostrategy
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Geostrategy
With cash and aid, Saudi Arabia pursues soft power push in Syria
Saudi Arabia has spent months courting Syria's new leaders, aiming to draw closer a country long dominated by Iran and...
- Syria was a battleground for outside powers throughout the conflict, with Iran and Russia backing Assad, and Turkey and the United States supporting various armed groups.
- In May, Saudi Crown Prince Mohammed bin Salman convinced visiting US President Donald Trump to promise to lift Syria sanctions.
Geostrategy
Hamas warns hostages face fate of missing pilot if Israel assault continues
Hamas' armed wing published Saturday "farewell" photographs of most of the remaining hostages in Gaza, warning that Israel's assault on...
- Of the 251 people seized by Palestinian militants during their attack on Israel in October 2023, 47 remain in Gaza, including 25 the Israeli military says are dead
- Israel launched a ground assault on Gaza City on Tuesday, following weeks of heavy air strikes that continue on the territory's largest urban centre
Business
Americans would dominate board of new TikTok US entity: W.House
A deal for the Chinese parent company of popular video-sharing app TikTok to sell its US operations would see the...
- The United States has forcefully sought to take TikTok's US operations out of the hands of Chinese parent company ByteDance for national security reasons
- Under President Donald Trump's predecessor Joe Biden, the US Congress passed a law to force ByteDance to sell its US operations or face a ban of the app