Macron warns any planned West Bank annexation a ‘red line,’ to provoke a European reaction
He spoke as Palestinian president Mahmud Abbas visited Paris one month into a fragile truce between Hamas and Israel, following...
Geostrategy
US mediator Kushner and Netanyahu hold talks on the second round of Gaza ceasefire
Kushner, the son-in-law of US President Donald Trump who helped broker the ceasefire, met Netanyahu in Jerusalem on Monday as...
Geostrategy
Economy
US Fed chair expected to signal support for rate cuts
The annual Jackson Hole Economic Symposium in the US state of Wyoming gives Powell a global platform to enlighten financial...
- After holding its key lending rate at a two-decade high for more than a year, the US central bank now seems poised to start cutting rates in September
- While inflation has eased, the labor market has shown signs of cooling - though still remaining solid by historical standards - and economic growth has been resilient
Geostrategy
The Gaza mothers separated from their newborns by war
Jerusalem, Undefined - As their first birthday approaches, the triplets Gaza-native Hanane Bayouk gave birth to in Jerusalem before the war...
- Israeli travel restrictions and the ongoing conflict have left Palestinian mothers from Gaza struggling to access their children in Jerusalem
- The number of births at the hospital has fallen sharply as Israel has stopped issuing travel permits to mothers from Gaza and slashed the number given to mothers
Business
Stocks wobble as investors brace for Powell’s rate cut clues
Paris, France -- Stock markets wobbled on Thursday as investors await a highly-anticipated speech by US Federal Reserve chief Jerome Powell,...
- The dollar has been under pressure from expectations of lower rates, but it pared down some losses against other major currencies on Thursday.
- The spotlight will turn to Powell when he addresses an annual gathering of global central bankers, with investors eager to hear for fresh signals about the Fed's plans.
Geostrategy
India’s Modi urges peace ahead of historic Ukraine visit
"It is India's strong belief that no problem can be resolved on a battlefield," Modi said in Poland, a staunch...
- Modi is expected to use his landmark visit to campaign for a "peaceful" solution
- Modi added his country supported "dialogue and diplomacy for restoration of peace and stability"
Geostrategy
Israel kills top Palestinian militant as Gaza truce talks stumble
The Israeli military killed a senior Palestinian militant in Lebanon on Wednesday, leading to accusations from the Fatah movement that...
- The strike killed Khalil Maqdah, described by Fatah as "one of the leaders"
- Israeli bombardment elsewhere in Gaza killed at least 24 people on Wednesday
Geostrategy
Iran probe finds Raisi helicopter crash caused by weather: media
Iran's army in May similarly said it had found no evidence of criminal activity in the crash that also killed...
- The helicopter carrying 63-year-old Raisi crashed on a fog-shrouded mountainside in northern Iran, killing the president and seven others, and triggering snap elections
- Fars news agency, quoting an informed security source with knowledge of the conclusions of the probe, said overloading was also behind crash
Xiaomi posts solid quarterly sales growth
The company is Chinese smartphone and household tech giant.
- The brand's presence is strongly felt in China, with its wide range of products spanning mobiles, tablets, smartwatches, headphones, scooters and, recently, electric vehicles
- The world's third-largest smartphone maker, Xiaomi reported revenue of 88.9 billion yuan ($12.5 billion) in the second quarter, an increase of 32 percent year-on-year
Geostrategy
Blinken presses Hamas to back Gaza truce but sees gaps with Israel
Doha, Qatar - Top US diplomat Antony Blinken appealed Tuesday to Hamas urgently to accept a ceasefire plan to ease suffering...
- The US secretary of state closed his ninth wartime trip to the region in which he warned that the US-backed truce proposal may be the "last chance" to broker an end the conflict
- The United States last week presented ideas to bridge gaps and, through Qatar and Egypt, has pressed heavily on Hamas to accept and return to talks this week in Cairo
Business
Boeing suspends 777X flight tests after part failure, its latest quality control issue
New York, United States - Boeing has suspended flight testing of its new 777X wide-body jet after identifying the failure of...
- Boeing has been beset in recent years with concerns about safety and quality control, with a near-catastrophic incident on an Alaska Airlines Boeing 737 MAX in January
- Boeing's new chief executive Kelly Ortberg, 64, took over earlier this month on a pledge to restore trust in the embattled manufacturer
Business
TSMC starts work on first European plant
TSMC is investing $3.9bn in the Dresden project.
- The Dresden facility will be specialized in the production of semiconductors for Germany's flagship automotive industry, currently in the throes of transitioning to EVs.
- Some 10 billion euros has been ploughed into the flagship project in the "Silicon Saxony" region, which has an industrial heritage dating back to the communist era.
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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
Macron warns any planned West Bank annexation a ‘red line,’ to provoke a European reaction
He spoke as Palestinian president Mahmud Abbas visited Paris one month into a fragile truce between Hamas and Israel, following...
Geostrategy
Company News
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‘Far too late’: Clutching pots and buckets, Palestinians despair after UN declares famine in Gaza
"We have no home left, no food, no income... so we are forced to turn to charity kitchens, but they...
Geostrategy
Hamas demands opening of Gaza crossings after UN famine declaration
Hamas called on Friday for an immediate end to the war in Gaza and the lifting of the Israeli siege...
Geostrategy
Iran to meet Britain, France and Germany on its nuclear programme as snapback sanctions loom
The move would reimpose sweeping UN sanctions lifted under the 2015 agreement unless Iran agrees to curb its uranium enrichment...
Geostrategy
Most Read
Economy
US Fed chair opens door to rate cut as Trump steps up pressure
Last year, the Fed chair used his keynote speech at the Jackson Hole Economic Policy Symposium to indicate the time...
- Powell faces constant attacks from Trump -- who is aggressively pushing the independent bank for rate cuts -- alongside mixed economic data leading him towards a cautious approach.
- Powell has warned that the risks of higher inflation and a weakening jobs market add up to a "challenging situation."
Science
AI helps UK woman rediscover lost voice after 25 years
London, United Kingdom -- A British woman suffering from motor neuron disease who lost her ability to speak is once...
- Sarah Ezekiel, an artist, was left without the use of her voice after she was diagnosed at the age of 34 with MND while pregnant with her second child 25 years ago.
- AI tools developed by a New York-based ElevenLabs developed voice very close to her original, complete with her London accent.
Geostrategy
United Nations declares famine in Gaza, first ever in Middle East
Tom Fletcher, the UN's emergency relief coordinator, blamed Israel, accusing it of "systematic obstruction" of aid deliveries to the war-ravaged...
- The assessment of famine was made by the Integrated Food Security Phase Classification Initiative (IPC), a coalition of monitors tasked by the UN to warn of impending crises.
- It defines famine as occurring when 20 percent of households have an extreme lack of food; 30 percent of children under five are acutely malnourished.