Indian capital car blast kills at least eight
New Delhi, India - A car explosion in the bustling heart of the Indian capital on Monday killed at least...
Geostrategy
Investigation
Tech tycoon Lynch and Morgan Stanley chairman missing after yacht sinks in Sicily
The 56-meter British-flagged sailing yacht "Bayesian" was anchored with 10 crew and 12 passengers on board when it was struck...
- Tech tycoon Mike Lynch and his 18-year-old daughter Hannah were missing
- The chair of Morgan Stanley International, Jonathan Bloomer was also missing alongside his wife
Geostrategy
US says Iran responsible for Trump campaign hack
The statement from the Office of the Director of National Intelligence (ODNI), the Federal Bureau of Investigation (FBI), and the...
- Trump's campaign said on August 10 that it had been hacked, blaming "foreign sources" for distributing internal communications and a dossier on running mate J.D. Vance
- Trump's campaign implied Iran was behind the move as news outlet Politico reported it had received emails with campaign material from a source who refused to identify themselves
Geostrategy
Blinken says Israel backs US proposal in ‘last’ chance for Gaza truce
Blinken, on his ninth visit to the Middle East since Hamas's October 7 attack triggered the war with Israel, said...
- Ahead of those talks, Hamas called on mediators to implement a framework outlined in late May by US President Joe Biden, rather than hold more negotiations
- The movement on Sunday said the bridging proposal "responds to Netanyahu's conditions" and leaves him "fully responsible for thwarting the efforts of the mediators."
Business
Video gamers set for world’s biggest trade show, likely to generate $180bn
Paris, France -- The world's largest video game trade show, Gamescom, opens its doors on Tuesday in Germany at a sensitive...
- Organizers expect the event, which runs until Sunday in the western city of Cologne, to welcome more than 300,000 people.
- The industry is expected to generate more than $180 billion in revenue this year and attract more than 3.4 billion players, according to the Newzoo analyst firm.
Geostrategy
Blinken in Israel as under-pressure Netanyahu blames ‘obstinate’ Hamas
Making his ninth trip to the Middle East since the Gaza war began when Hamas attacked Israel in October, the...
- Ahead of Blinken's visit, the foreign ministers of Britain and France were on Friday also in Israel to stress the urgency of a Gaza deal
- Ahead of the truce talks in Doha last Thursday and Friday, Hamas called on mediators to implement the Biden framework rather than holding more negotiations
Geostrategy
Putin in Azerbaijan for state visit amid Ukraine offensive on Russian soil
Aliyev and Putin will sign joint documents and make statements to the press, said Russian agency Ria Novosti. On Monday,...
- His visit to the Caucasus country, a close partner of Moscow, comes against the backdrop of an unprecedented Ukrainian military offensive on Russian soil
- Putin is due to hold talks with his Azerbaijani counterpart Ilham Aliyev on bilateral relations and "international and regional problems," the Kremlin said
Social media platform X to shutter local operations in Brazil
Social media platform X, formerly Twitter, will shutter its local operations in Brazil following a bitter legal tussle over the...
- A post Saturday from X's Global Government Affairs department said Moraes had "threatened our legal representative in Brazil with arrest if we do not comply with his orders."
- It said the office closure was necessary "to protect the safety of our staff," adding, "the responsibility lies solely with Alexandre de Moraes."
Unnerved and exposed, Trump struggles to regain campaign mojo
Washington, United States - Donald Trump has never lacked for self-confidence, but his presidential campaign has been sent into a tailspin...
- President Biden's exit has been particularly impactful, removing a rival whose 81 years, faltering speech and physical frailties had largely shielded Trump from scrutiny
- Now it is Trump, 78, who is the oldest presidential nominee in history, and the point of comparison is a 59-year-old former prosecutor who has come out fast and swinging
Geostrategy
Not facing a deal but imposition of American diktats: Hamas
"To say that we are getting close to a deal is an illusion," Hamas political bureau member Sami Abu Zuhri...
- As efforts towards a truce continued, so did the killing in Gaza and Lebanon. An Israeli air strike in Lebanon killed 10 Syrians, including a woman and her two children.
- In Gaza, the civil defense authority said an Israeli air strike killed 15 people from a single Palestinian family, taking Gaza death toll to 40,047.
Economy
China youth unemployment jumps to 17.1% in July
Beijing, China - Youth unemployment in China ticked up to 17.1 percent in July, official figures showed, the highest level this...
- China is battling soaring joblessness among young people, a heavily indebted property sector and intensifying trade issues with the West
- The unemployment rate among 16- to 24-year-olds released Friday by the National Bureau of Statistics (NBS) was up markedly from June's 13.2 percent
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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
Company News
Latest News
Trump, Intel announce deal giving US a 10% stake in chipmaker
Chipmaker Intel has agreed to give the US government a 10-percent stake in its business, the company and President Donald...
Business
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...
Economy
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...
Science
Most Read
Economy
Less tax, more luxury: millionaires flock to Dubai for its zero income tax policy
Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy...
- The UAE and Dubai have long welcomed wealthy people from nearby countries, and people helping millionaires to move there told AFP it is seeing more Westerners joining the fray
- The Gulf state's golden visa scheme, meant to attract wealthy or skilled foreigners, allows individuals to obtain a 10-year residence permit
Science
Google to provide Gemini AI tools to US government
Google will provide its Gemini artificial intelligence tools to US federal agencies practically free, the government announced Thursday.
- A suite of AI and cloud computing services called "Gemini for Government" from Google is intended to speed the adoption of the technology across the US government
- AI tools being provided include generation of video, images, or ideas as well as digital "agents" capable of independently tending to complex tasks
Business
Nestle unveils method to boost cocoa yields as climate change hits
Geneva, Switzerland - Faced with climate change diminishing farmers' yields, Nestle announced Wednesday that it was working on a technique...
- Chocolate is traditionally made using only cocoa beans taken from inside the pod, meaning that a large amount of the fruit, including the pulp, placenta and pod husk, is unused
- A tonne of cocoa was worth £1,900 ($2,560) on the London commodities market in January 2023, shot up to £3,800 a year later, and reached a high of over £9,000 last December