Elon Musk buys $1 billion in Tesla shares, stock prices go up 6%
New York, United States - CEO Elon Musk bought about $1 billion worth of shares in Tesla, according to a...
Business
As King Charles hosts Trump, what do UK state visits entail?
London, United Kingdom - US President Donald Trump arrives in the UK late Tuesday for a state visit with his...
Geostrategy
Business
Boeing in talks to sell up to 500 planes to China: Bloomberg
New York, United States -- US aviation giant Boeing is in talks to sell up to 500 aircraft to Chinese...
- The deal would be a major win for the struggling US manufacturer, with company shares rising as high as 3.7 percent in pre-market trades.
- Bloomberg's sources said the deal would be contingent on Washington and Beijing coming to a longer-term agreement in their simmering trade war.
Geostrategy
21 countries sign joint statement condemning Israel’s West Bank settlement project
Israel has approved the plans for the roughly 12-square-kilometre parcel of land known as E1 just east of Jerusalem, which...
- "We condemn this decision and call for its immediate reversal in the strongest terms," said the statement of foreign ministers.
- All of Israel's settlements in the West Bank, occupied since 1967, are considered illegal under international law.
Economy
Asian markets creep up as investors await key speech
Hong Kong, China - Asian markets edged mostly upward in muted morning trading on Thursday, one day before a key...
- US Federal Reserve Chairman Jerome Powell, who has resisted public demands by President Donald Trump to cut rates, is scheduled to deliver remarks Friday
- Data last week provided a mixed picture of US inflation, making it uncertain if the Fed will lower rates as many investors expect in September
Geostrategy
US senators push for improved press access in Gaza
Washington, United States - A group of 17 US Senators sent a letter to Secretary of State Marco Rubio on Wednesday...
- The letter to Rubio, a staunch supporter of Israel, said: "We urge you to press the Israeli government to protect journalists in Gaza and allow global media to the territory."
- Last week, an Israeli strike killed four journalists for Al Jazeera, including Qatari television correspondent Anas al-Sharif, as well as two freelance journalists
Geostrategy
Trump raises pressure on central bank, calls for Fed governor to resign
Washington, United States -- President Donald Trump ramped up pressure on the US central bank Wednesday, calling for Federal Reserve...
- The Trump administration has pursued allegations of mortgage fraud against high-profile Democrats who are seen as political adversaries of the president.
- It was not immediately clear if such a probe will take place targeting Cook, the first Black woman to serve on the central bank's board.
Business
Google packs new Pixel phones with Artificial Intelligence
New York, United States -- Google on Wednesday unveiled new Pixel 10 smartphones, showcasing artificial intelligence (AI) capabilities woven into...
- The line-up of new products included a foldable phone, improved Pixel smartwatch, and ear buds all synced to work with AI and each other.
- Samsung has made AI a centerpiece of its Galaxy smartphone line and recently released a new Galaxy Z Fold7.
Business
Turkish Airlines says offer to buy stake in Spain’s Air Europa accepted
Turkish Airlines on Tuesday said Air Europa had accepted its 300-million-euro ($350 million) offer to purchase a minority stake in...
- In a statement to the Istanbul Stock Exchange regulator (KAP), the Turkish flag carrier said "the binding offer submitted has been accepted by Air Europa."
- "The minority shareholding ratio to be acquired will be finalised following technical and financial adjustments to be made at the closing," it said.
Geostrategy
Antarctic climate shifts threaten ‘catastrophic’ impacts globally
Paris, France -- Abrupt and potentially irreversible changes in Antarctica driven by climate change could lift global oceans by meters...
- After increasing slightly during the first 35 years that satellite data was available, Antarctic sea ice cover plunged dramatically over the last decade.
- Since 2014, sea ice has retreated on average 120 kilometers (75 miles) from the continent's shoreline.
Geostrategy
Syrian, Israeli diplomats met in Paris to discuss ‘de-escalation’: report
Syria's foreign minister met with an Israeli diplomatic delegation in Paris on Tuesday to discuss "de-escalation and non-interference in Syria’s...
- Washington has been at work in recent weeks to try to resolve security issues in Syria and Lebanon, which its ally Israel says have prompted it to take military action
- Despite a truce reached last November, Israel has continued to hit targets of the Iranian-backed Hezbollah group in Lebanon, and it has occupied territory and hit targets in Syriay
Business
Google and Australia’s national newswire strike AI deal
Sydney, Australia - Australia's national newswire has agreed to provide content to Google's Gemini artificial intelligence to improve its responses,...
- The deal would help deliver real-time information to "enhance" responses in the Gemini app, said Nic Hopkins, Google's head of news partnerships for Australia and New Zealand
- Australian Associated Press, which was established 90 years ago, said its journalism would ensure timeliness and accuracy in the information Google's products provide
Elon Musk buys $1 billion in Tesla shares, stock prices go up 6%
New York, United States - CEO Elon Musk bought about $1 billion worth of shares in Tesla, according to a...
Business
Company News
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Qatar says reserves right to respond to Israeli attack, even as Trump delivers rare reproach of Israel
Doha, a key US ally that hosts the largest American base in the region, has hosted Hamas' political bureau since...
Geostrategy
Israel forum says concerned for Gaza hostages after Doha strikes
The main Israeli group campaigning for the release of hostages held in Gaza expressed "deep concern" following an Israeli attack...
Geostrategy
Stocks climb eyeing US rate cut, political turbulence
A steep downward revision to US job creation cemented expectations that the Federal Reserve would begin lowering its benchmark rate...
Business
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Business
Mistral cements AI lead in Europe with cash infusion
Paris, France -- France's Mistral on Tuesday cemented its position as Europe's top AI hope against far larger US and...
- The 1.7 billion euro ($2bn) cash infusion values Mistral at 11.7bn euros, double its heft last year but a fraction of the $183bn price tag placed on US firm Anthropic this month.
- ASML, a key producer of the machines that churn out the chips powering artificial intelligence models, was the lead investor.
Geostrategy
Ethiopia inaugurates Africa’s biggest dam, drawing Egyptian protest
Guba, Ethiopia -- Ethiopia inaugurated the continent's largest hydroelectric project on Tuesday in what Prime Minister Abiy Ahmed called a...
- Towering 170 meters (550 feet) and stretching nearly two kilometers (1.2 miles) across the Blue Nile near the Sudanese border, construction on the dam began in 2011.
- The $4-billion megastructure is designed to hold 74 billion cubic meters of water and generate 5,150 megawatts of electricity -- more than double Ethiopia's current capacity.
Geostrategy
Israeli strikes in Doha kill Hamas negotiator’s son, Qatari corporal
The strikes have drawn condemnation, including from UN chief Antonio Guterres, who condemned Israel's "flagrant violation" of Qatari sovereignty.
- Among the key Hamas leaders based in Qatar are lead negotiator Khalil al-Hayya and political bureau chief Khaled Meshaal.
- The strikes have drawn condemnation, including from UN chief Antonio Guterres, who condemned Israel's "flagrant violation" of Qatari sovereignty.