Trump starts key Asian tour with deals ahead of China meet
Trump rewarded Cambodia and Thailand with trade deals after co-signing their ceasefire pact, and saying he was confident of a...
Geostrategy
US Fed will likely cut again despite economic murkiness from shutdown
The central bank's second-to-last rate meeting of the year is taking place against the backdrop of a weeks-long standoff between...
Economy
Business
Adidas posts 2023 loss
In 2024, it expects sales to grow at a "mid-single-digit rate".
- The loss of 75 million euros ($82 million) followed a profit of 612 million euros the previous year
- Two Yeezy sales in 2023 brought in 750 million euros, well below the 1.2 billion euros of revenue the logo had generated in 2022
Suspected gas explosion rocks town in northern China
Footage online circulated by state media showed a huge explosion that sent plumes of smoke and fire across a busy...
- The blast took place around 7:55 am, CCTV said, in a residential area in the village of Xiaozhanggezhuang, Yanjiao, in Sanhe City
- The injured have been taken to the hospital, and the current situation of casualties is unknown," local media said
Business
Volkswagen profit up
It delivered some 9.2 million cars to customers in 2023.
- Its profit rose 13.1 percent to $19.6 billion from the previous year
- The German auto giant expects vehicle deliveries to advance this year
230,000 children, new mothers risk dying of hunger in Sudan: NGO
The bombing and destruction of fields and factories have plunged Sudan into "one of the worst" nutrition situations in the...
- Nearly 11 months of fighting between the forces of two rival generals has killed thousands and displaced eight million people in the country.
- The UN World Food Program sounded the alarm on Sudan this month, warning the war risked triggering the world's largest hunger crisis.
Geostrategy
Israel claims to have hit 4,500 Hizbollah targets in five months
Jerusalem--The Israeli army said Tuesday it hit about 4,500 Hizbollah targets in Lebanon and Syria over the past five months,...
- The Israeli army said the targets were hit from the air and from the ground and included "weapons storage facilities, military structures"
- The statement came after a Lebanese security source said Israeli strikes on eastern Lebanon killed one person earlier on Tuesday
Trump, Biden clinch enough delegates for US presidential nomination
The results in four statewide elections Tuesday, the latest in the months-long march to determine the Democratic and Republican party...
- Biden crossed the threshold of 1,968 delegates needed when he won Georgia - a US swing state where Trump faces trial over an alleged conspiracy to steal the last election.
- Trump's victory in Washington helped him secure the 1,215 delegates needed to earn the Republican nomination and to propel him into the cauldron of a presidential race
Geostrategy
Morocco dispatches aid to Gaza through Israeli airport
A diplomatic source said the food aid has arrived at Ben Gurion airport near Tel Aviv before being transferred to...
- Aid trucks have generally entered the Gaza Strip via Egypt since Israel's war on Gaza
- The United Nations has repeatedly warned of looming famine in the Gaza Strip
Al Hilal finish off Al Ittihad to ease into Asian Champions League semis
Ittihad's miserable night was summed up in the final minute of normal time, when striker Abderrazak Hamdallah was given a...
- The four-time continental champions, runners-up last year, triumphed in the quarter-final second leg at King Abdullah Sports City Stadium
- Hilal will meet Al Ain of the UAE in the last four next month following the 2003 champions' penalty shootout win against Cristiano Ronaldo's Al Nassr on Monday
Business
Lego net profit falls
Its net profit fell five percent to 13.1 billion kroner ($1.24bn).
- The Danish toy giant's overall sales inched up by two percent to 65.9 billion kroner ($9.6 billion).
- Sales made directly to consumers through Lego's physical and online stores rose by four percent.
Geostrategy
US troops depart for mission to build temporary Gaza aid port
The first -- a hulking gray-painted watercraft known as a Logistics Support Vessel -- slowly churned away from the pier...
- The US has said the effort will not involve "boots on the ground" in Gaza, but American troops will come close to the beleaguered coastal territory as they construct the pier.
- A series of airdrops carried out by the US to deliver aid this month is far too insufficient to feed the far higher number of people in need of assistance in Gaza.
Most Read
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
Trump starts key Asian tour with deals ahead of China meet
Trump rewarded Cambodia and Thailand with trade deals after co-signing their ceasefire pact, and saying he was confident of a...
Geostrategy
Company News
Latest News
Iran says will not halt nuclear enrichment ahead of European talks
Iran is scheduled to meet Britain, France and Germany in Istanbul on Friday, to discuss its nuclear programme, with Tehran...
Geostrategy
Astronomers discover blazing Betelgeuse has companion star
Paris, France - Since at least the time of the ancient Egyptians, people across the world have gazed up in...
Science
Russia publishes rare footage of largest drone factory
Moscow, Russia -- Russia has showcased what it calls the biggest drone factory in the world, broadcasting rare footage from...
Geostrategy
Most Read
Geostrategy
UNRWA says some Gaza staff starving as malnutrition soars
UNRWA said that shortages in the Palestinian territory had caused food prices to increase by 40 times, while the aid...
- "The suffering in Gaza is manmade and must be stopped," it wrote. "Lift the siege and let aid in safely and at scale."
- The civil defense agency on Sunday reported at least three infant deaths from "severe hunger and malnutrition" in the past week.
Geostrategy
Trump and Epstein: What was the relationship between the two like?
Washington, United States - Donald Trump's past ties with Jeffrey Epstein are under scrutiny after the US president slammed a...
- Trump, then a property mogul and self-styled playboy, appears to have known Epstein, a wealthy money manager, since the 1990s
- They partied together in 1992 with NFL cheerleaders at Trump's Mar-a-Lago resort in Florida, according to footage from NBC News, which shows the pair talking and laughing
Geostrategy
Malnutrition reaches new heights in Gaza, children most affected, require urgent treatment
As malnutrition surges in war-torn Gaza, tens of thousands of children and women require urgent treatment, according to the UN,...
- Gaza's civil defence agency told AFP it has noted a rising number of infant deaths caused by "severe hunger and malnutrition", reporting at least three such deaths in the past week
- "These heartbreaking cases were not caused by direct bombing but by starvation, the lack of baby formula and the absence of basic healthcare," spokesman Mahmud Bassal said