Trump eyes summit with Xi-Putin, shaking up world order, Macron warns against ‘capitulation’
US president's remarks on Russia and China mark a seismic shift after more than a decade of US policy which...
Geostrategy
At least $53 billion needed to rebuild Gaza, UN estimates
United Nations, United States - More than $53 billion will be required to rebuild Gaza and end the "humanitarian catastrophe" that...
Geostrategy
Business
Roche to buy Poseida Therapeutics
The $1.5 billion deal is due to close in early 2025.
- The boards of directors of both companies unanimously approved the deal for Poseida, whose shares had closed on Monday at $2.73.
- Poseida Therapeutics' portfolio notably includes customized cell therapies for hematological cancers, solid tumors and auto-immune diseases.
Geostrategy
EU urges immediate halt to Israel-Hezbollah war as Israeli attacks kill more in Gaza and Lebanon
Israeli attacks have killed dozens in Gaza and Lebanon is the past 24 hours, while EU chief visits Beirut asking...
- Dozens feared killed, including women and children, in Gaza and Lebanon in Israeli attacks in the past 24 hours
- European Union chief says the EU is ready to provide 200 million euros ($208 million) to help bolster the Lebanese armed forces
Geostrategy
Iran denies involvement as UAE arrests three people in rabbi killing case
"This murder was carried out in the UAE. The murder of an Israeli citizen and a Chabad emissary, is an...
- Kogan was a former Israeli army soldier, who served in Israel's Givati Brigade, which is infamous for carrying out violent attacks against Palestinians
- The UAE, which normalized relations with Israel in 2020 alongside other countries including Bahrain and Morocco, has confirmed the arrest of perpetrators
Arts & Culture
Palestinian pottery sees revival in war-ravaged Gaza
Deir el-Balah, Palestinian Territories - Traditional clay pottery is seeing a resurgence in the Gaza Strip, where Palestinians are forced to...
- Traditional clay pottery sees a resurgence in Gaza as war-ravaged residents turn to old ways amid shortages of crockery and basic goods
- Potter Jafar Atallah works tirelessly to meet soaring demand, crafting 100 clay pieces daily in a makeshift workshop under Gaza's harsh conditions
World reaches $300 bn climate finance deal at COP29
A group of 134 developing countries had pushed for at least $500 billion from rich governments to build resilience against...
- Nations grappled with bridging divides over how much wealthy, high-polluting countries should pay poorer nations most affected by climate change
- A group of 134 developing countries had pushed for at least $500 billion from rich governments to build resilience against climate change
Big money as Saudi Arabia makes foray into cricket with IPL auction
Crown Prince Mohammed bin Salman has backed extravagant sports investments -- set to culminate in Saudi Arabia hosting the football...
- The two-day Jeddah auction, starting Sunday, marks Saudi Arabia's first major cricketing event, catering to its vast South Asian migrant fanbase
- Saudi cricket federation chairman Prince Saud bin Mishal said that staging the auction reflected the kingdom's "commitment to developing the sport."
Geostrategy
Rocket fire wounds four UN peacekeepers in Lebanon
Italian Defence Minister Guido Crosetto said two 122 mm rockets appeared to have hit a bunker on the base. The...
- "UNIFIL strongly urges combating parties to avoid fighting next to its positions"
- The peacekeepers were wounded by shards of glass when windows shattered
Geostrategy
Wealthy nations offer $250bn on climate but pressed for more
At the COP29 talks in Azerbaijan, developing nations are demanding a bigger commitment from historic polluters most responsible for warming,...
- The text also sets an ambitious overall target to raise at least $1.3 trillion per year by 2035 from not only developed countries but the private sector.
- But a red line for many climate-imperiled nations at COP29 had been securing a new commitment from developed nations well above their existing pledge of $100 billion a year.
Business
BP announces $7bn gas project
The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.
- BP said in a statement the "major investment" highlights its "strong confidence in Indonesia's investment climate".
- The project involves the development of a new gas field, Ubadari, as well as enhanced gas recovery through carbon capture, ut and storage (CCUS) and onshore compression.
‘Moment of truth’ for world-first plastic pollution treaty
Bangkok, Thailand - Plastic pollution litters our seas, our air and even our bodies, but negotiators face an uphill battle next...
- Countries will have a week in South Korea's Busan from Monday to round off two years of negotiations
- The talks are a "moment of truth", UN Environment Programme chief Inger Andersen warned this month
Trump eyes summit with Xi-Putin, shaking up world order, Macron warns against ‘capitulation’
US president's remarks on Russia and China mark a seismic shift after more than a decade of US policy which...
Geostrategy
Company News
Honda shares soar 16%
Business
Latest News
Israeli strike on broadcast vehicle kills five Al-Quds Today journalists
Palestinian Territories -- A Palestinian TV channel said five of its journalists were killed Thursday in an Israeli strike on...
Geostrategy
Turkey lowers interest rate to 47.5% as it battles double-digit inflation
The bank's monetary policy committee decided to reduce the policy rate from 50 percent to 47.5 percent, with a statement...
Economy
Syrian war monitor says 17 dead in clashes in Tartus province
17 people were killed Wednesday in clashes in Tartus province after security forces sought to arrest an officer under deposed...
Most Read
Geostrategy
Pope calls for ‘arms to be silenced’ in Christmas appeal
Rome, Italy -- Pope Francis called Wednesday for "arms to be silenced" around the world in his Christmas address, appealing for...
- His voice breathless, the 88-year-old pontiff also appealed for a ceasefire in Gaza and for the freeing of Israeli hostages held there by Hamas.
- Francis also extended his call for peace to Sudan, which has been ravaged by 20 months of brutal civil war and where millions are under the threat of famine.
Economy
Egypt to access $1.2 billion in funding after deal with IMF
Washington, United States -- The International Monetary Fund said Tuesday that it has reached a deal with Egyptian authorities allowing the...
- The deal comes as both sides reached staff-level agreement on the fourth review under the Extended Fund Facility arrangement, the fund said.
- The funding access is subject to executive board approval. The discussions culminating in the deal were held in person from November 6-20 and virtually afterwards.
Geostrategy
Pakistan air strikes kill 46 in Afghanistan: Taliban spokesman
Kabul, Afghanistan - Pakistan air strikes in an eastern border province of Afghanistan killed 46 people, the Taliban government spokesman told...
- Border tensions have risen since the Taliban's 2021 takeover, with Islamabad accusing Afghan-based militants of attacks
- Islamabad has accused Kabul's Taliban government of harbouring militant fighters, allowing them to strike on Pakistani soil with impunity