Tesla Q1 sales sink 13 percent
The dip occurred amid lower production during factory upgrades.
Business
Arts & Culture
Film stars blast Academy for ‘failing to defend’ Palestinian filmmaker
Los Angeles, United States - Movie stars including Joaquin Phoenix, Penelope Cruz and Richard Gere have blasted the Academy of...
- Hamdan Ballal co-directed "No Other Land," which won best documentary at this year's Academy Awards
- Unlike multiple other prominent filmmaker groups, the US-based Academy initially did not issue a statement
Business
Goldwind 2024 revenue up 12.5%
The clean energy giant posted $7.8bn in revenue for 2024.
- Net profit last year also saw growth, rising nearly 40 percent percent to 1.9 billion yuan.
- China now dominates the global wind sector in terms of total installed capacity, aided over the years by generous strategic subsidies from Beijing.
Geostrategy
Pro-Palestine rallies held in many countries on Quds Day
Quds (Jerusalem) Day commemorations were launched in 1979 by Ayatollah Ruhollah Khomeini, the founder of the Islamic republic, which has...
- Crowds gathered in the streets of Tehran after supreme leader Ayatollah Ali Khamenei urged the Iranian people to protest against "the enemies' tricks".
- Thousands also gathered in the Yemeni capital Sanaa in demonstrations described by the rebels' TV channel as "the largest in the Arab Islamic world".
Arts & Culture
‘My entire life’: Saudi tailor keeps robe-making craft alive
Hofuf, Saudi Arabia - Saudi tailor Habib Mohammed's shop once made ornate, hand-woven cloaks for royals, a time-honoured craft he...
- He makes "bisht", a long gown which for centuries has been a status symbol, worn by kings and princes -- and ordinary men -- and could take a week of meticulous work to create
- Now, with cheap Chinese-made robes taking a bite out of his business, 60-year-old tailor is struggling to make a profit, and his only son wouldn't take over the beleaguered shop
Geostrategy
Iran says it has responded to Trump’s nuclear talks letter
Iran has sent a response to a letter from US President Donald Trump that called for nuclear talks and warned...
- US Secretary of State Marco Rubio, asked by reporters on his plane over the Caribbean whether the US has received the letter, said: "I'm not going to comment on that yet."
- He said that the United States had expected there to be a response and "obviously at that point, the president will decide what steps if he any he wants to take next".
Geostrategy
Lawyer complains Turkish student held in US ‘abducted’
A lawyer representing a Turkish university student detained in the United States and facing deportation said Thursday that his client...
- Earlier this week, a video surfaced on social media showing 30-year-old Rumeysa Ozturk being detained by masked, plain-clothed figures near Tufts University in Massachusetts
- The video quickly went viral as a symbol driving the fear and anger gripping US campuses as President Donald Trump clamps down on students accused of holding extremist views
Geostrategy
Palestinian sources say Hamas, mediators in new talks to revive Gaza truce, hostage release deal
Negotiations between Hamas and Israel, mediated by Egypt along with Qatar and the United States, have been deadlocked for weeks...
- Talks are focusing on the possibility of implementing a truce during the Eid al-Fitr and Jewish Passover holidays
- A Palestinian source close to Hamas said that despite the discussions, "no breakthrough" had been achieved so far
Science
Firms and researchers at odds over superhuman AI
The belief that human-or-better intelligence -- often called "artificial general intelligence" (AGI) -- will emerge from current machine-learning techniques fuels...
- "Systems that start to point to AGI are coming into view," OpenAI chief Sam Altman wrote in a blog post last month.
- Such predictions help justify the hundreds of billions of dollars being poured into computing hardware and the energy supplies to run it.
Business
Automakers lead market losses after Trump tariffs on imported vehicles
Wall Street's main indexes opened in the red, with General Motors sinking more than nine percent in early trading while...
- Among European auto firms, Volkswagen shed 2.4 percent, Porsche was down around 3.5 percent, Mercedes lost four percent and BMW fell 2.7 percent.
- In Mumbai, India's Tata Motors, which exports Jaguar Land Rovers to the United States, lost more than five percent.
Geostrategy
From cars to champagne: Trump’s expanding tariffs trigger trade war fears
Paris, France -- From champagne to steel and now cars: it is getting harder to keep up with US President...
- In early March, Trump imposed a 20 percent tariff on products from China, which has a huge trade surplus with the United States and was already his top target during his first term
- Trump announced earlier he would slap 25-percent tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India.
Tesla Q1 sales sink 13 percent
The dip occurred amid lower production during factory upgrades.
Business
Company News
Latest News
Egypt ex-graft chief freed from prison, charged again: activist
A military court had found Geneina guilty in 2018 of "spreading information to harm the military", after he had said...
UN admits aid failure for Syria as quake toll hits 33,000
Supplies have been slow to arrive in Syria, where years of conflict have ravaged the healthcare system, and parts of...
At least 20 escape Syria prison holding IS inmates after quake
The British-based Syrian Observatory for Human Rights war monitor said it could not verify whether prisoners had escaped, but confirmed...
Musk kicks Kanye West off Twitter for ‘incitement to violence’
West has made a series of anti-Semitic comments recently, as the one-time titan of fashion and music appears to have...
10 killed in Aleppo building collapse: Syria state media
The five-story building collapsed in the Ferdaws neighbourhood of Aleppo. Civil defence and local authorities evacuated residents from nearby buildings...
Vanke reports annual loss of $6.8 bn
The property giant attributes loss to falling sales and shrinking profit.
Business
Trump says ‘there will be bombing’ if Iran fails to make ‘peace deal’
Trump's language represented a sharpening of his comment a few days earlier that if Tehran refused to negotiate a new...
Geostrategy
Trump says ‘very angry, pissed off’ with Putin over Ukraine
"If Russia and I are unable to make a deal on stopping the bloodshed in Ukraine, and if I think...
Geostrategy
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Geostrategy
Turkey opposition pushes for early polls as Swedish reporter jailed
Istanbul, Turkey -- The Turkish opposition on Sunday worked to keep up the momentum of the protest movement triggered by...
- With Turkey entering several days of public holiday marking the end of the Ramadan, the opposition has vowed to keep up the protest movement while switching to focused events.
- Interior Minister Ali Yerlikaya said on Thursday 1,879 people had been detained in connection with the protests since March 19, with 260 of them remanded in custody pending trial.
Geostrategy
‘Day of funerals,’ Gazans mark grim Eid under Israeli strikes
At dawn, many Gazans gathered across different parts of the territory to offer traditional morning Eid prayers, an AFP correspondent...
- Many prayed beside makeshift tents sheltering tens of thousands of displaced Gazans, living in dire humanitarian conditions.
- At the Nuseirat refugee camp in central Gaza, several residents visited the graves of loved ones killed in the war.
Geostrategy
First orbital rocket launched from Europe crashes seconds after blast-off
Oslo, Norway -- The first orbital rocket launched from continental Europe crashed seconds after blast-off Sunday, in a closely watched...
- Isar Aerospace, which had said it did not expect to reach orbit with the launch, said the two-stage rocket fell into the sea, adding that "the launch pad seems to be intact".
- The 28-metre (92-foot) tall, two-meter diameter rocket has a one-ton carrying capacity, but was unloaded for the test flight.