Norway’s wealth fund to enlist AI for managing climate risks
Oslo, Norway -- Norway's sovereign wealth fund said Wednesday that it would incorporate artificial intelligence tools into its investment analysis...
Geostrategy
JD Vance voices ‘great optimism’ for Gaza truce on Israel visit, meeting with Netanyahu today
Despite concerns in Israel that Hamas has seized on the pause to reassert itself in Gaza, Vance said Washington would...
Geostrategy
Geostrategy
Two Hizbollah members killed by Israeli strike in Lebanon
Baalbek, Lebanon - Israeli strikes near the Hizbollah-dominated city of Baalbek killed two group members on Monday, two security sources told...
- "Two Hizbollah members were killed in the Israeli strikes near Baalbek," a security official told AFP, with another security source also confirming the toll
- Earlier Monday, one of the sources had told AFP that "an Israeli strike hit a building housing a Hizbollah civilian institution" in a Baalbek suburb
Europe gives accent to instant payments across the union
Brussels, Belgium - Bank customers will soon be able to transfer money across Europe within seconds after the EU adopted a...
- Under the new rules, people in Europe will be able to transfer money within 10 seconds at any time of the day, including outside business hours
- The law is expected to enter into force formally by April, and banks in the eurozone single currency area must allow instant payments within 18 months of that date
Business
Renault Scenic model wins Car of the Year at Geneva auto show
Renault unveiled a new electric vehicle and its Scenic model won the Car of the Year award at the first...
- Renault is the only European automaker with a presence at this year's industry gala.
- Volkswagen and Stellantis, whose brands include Peugeot and Fiat, decided to skip the event.
Science
Japan’s Moon craft SLIM revives after lunar night
TOKYO, JAPAN – Japan's Moon lander has produced another surprise by waking up after the two-week lunar night, the country's space...
- The unmanned Smart Lander for Investigating Moon (SLIM) touched down last month at a wonky angle that left its solar panels facing the wrong way.
- As the sun's angle shifted, it came back to life for two days and carried out scientific observations, Japan Aerospace Exploration Agency (JAXA) said.
Business
Manufacturers pack smartphones with AI tools to boost sales
Barcelona, Spain - Smartphone makers are packing their latest devices with flashy new artificial intelligence tools such as real-time voice translation...
- The focus on AI comes amid sluggish smartphones sales as consumers are taking longer to upgrade their devices due to a lack of significant innovations.
- Global smartphone shipments declined 3.2 percent to 1.17 billion units in 2023, its second consecutive yearly decline.
Geostrategy
WTO pushes for reform, warns multilateralism ‘under attack’
Speaking on the first day of MC13, WTO Director-General Ngozi Okonjo-Iweala highlighted a need to "reform the multilateral trading system"...
- The WTO is hoping for progress, particularly on fishing, agriculture and electronic commerce during the meeting scheduled to run until Thursday in Abu Dhabi.
- But big deals are unlikely as the body's rules require full consensus among all 164 member states -- a tall order in the current climate.
Geostrategy
Palestinian PM resigns over ‘Gaza aggression, West Bank escalation’
The resignation of the government in the West Bank comes as several countries, including the United States, have called for...
- He called for inter-Palestinian consensus and the "extension of the (Palestinian) Authority's rule over the entire land of Palestine".
- "We will remain in confrontation with the occupation ... and will continue to struggle to establish a state on the lands of Palestine," he said.
Geostrategy
Arab states tell UN court Israeli occupation is ‘affront to justice’
The International Court of Justice entered its last day of week-long hearings after a request from the UN, with an...
- Most speakers during the hearings have demanded that Israel end its occupation, which came after a six-day Arab-Israeli war in 1967.
- "If left unchecked, it runs the risk of not only threatening regional, but also global peace and security," Turkey's representative Ahmet Yildiz said.
Yemen rebels announce first civilian death in US-UK strikes
The Houthis, who control war-torn Yemen's most populated areas, have previously reported the death of 17 of their fighters in...
- One person was killed and eight wounded, the Houthis' official news agency said late on Sunday, a day after US and British forces said they fired on 18 targets across the country
- US-British strikes were in response to dozens of Houthi drone and missile attacks on Red Sea shipping since November, which the rebels say are in solidarity with Palestinians
Attack on Rafah would be ‘nail in coffin’ of Gaza aid: UN chief
Speaking before the UN Human Rights Council in Geneva, Antonio Guterres said that Gaza's southernmost city, where more than 1.4...
- UN chief lamented that despite his urgent calls for the UN Security Council to take all measures to "end the bloodshed in Gaza and prevent escalation", it had failed to act
- The comments of UN chief came after Netanyahu on Sunday reiterated that his country was intent on a ground invasion in Rafah, in its bid for "total victory" over Hamas
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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
Norway’s wealth fund to enlist AI for managing climate risks
Oslo, Norway -- Norway's sovereign wealth fund said Wednesday that it would incorporate artificial intelligence tools into its investment analysis...
Geostrategy
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UN says hundreds killed in recent weeks while seeking aid in Gaza
There are frequent reports of Israeli forces firing on people seeking aid, with Gaza's civil defence agency saying 10 Palestinians...
Geostrategy
Israel’s aid blockade leaves Gaza’s pregnant women hungry and at risk
Like most women at the Gaza City hospital where she attends her pregnancy check-ups, Fatima Arafa's face looks fatigued, a...
Geostrategy
Released pro-Palestinian protest leader sues Trump for $20 mn
Mahmoud Khalil, one of the most prominent leaders of US pro-Palestinian campus protests, sued the Trump administration Thursday for $20...
Geostrategy
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Geostrategy
Israel PM wants Hamas to give up arms for lasting end to war in Gaza
Netanyahu said the Islamist militants must first give up their weapons and their hold on the Palestinian territory, warning that...
- Netanyahu said the Islamist militants must first give up their weapons and their hold on Gaza, warning that failure to reach a deal would lead to further conflictonfl
- Sticking points include Hamas's demand for the free flow of aid into Gaza and Israel's military withdrawal from the territory, besides "real guarantees" on a lasting peace
Geostrategy
Rebooted and ‘vulnerable’: Superman is back on screens
Paris, France - A rebooted Superman is flying into cinemas around the world this week, with critics mostly positive about...
- Director and screenwriter James Gunn said he set out to make the benevolent world-saver "a little less powerful" in what is a tenth silver-screen version of the original
- Gunn's Superman, played by square-jawed David Corenswet in his biggest role to date, appears at times naive and awkward, and has to contend with criticism on social media
Geostrategy
European Union says Israel has agreed to ‘expand’ Gaza aid access
"This deal means more crossings open, aid and food trucks entering Gaza, repair of vital infrastructure and protection of aid...
- Gaza's two million residents are facing dire humanitarian conditions as Israel has severely limited aid during its devastating war with Palestinian militant group Hamas.
- The current system of aid distribution by a US- and Israeli-backed group has drawn international condemnation.