World Bank estimates Syria reconstruction costs at $216 billion
"The conflict has damaged nearly one-third of Syria’s pre-conflict gross capital stock, with direct physical damages to infrastructure, residential buildings, and...
Geostrategy
Trump says Hamas will be ‘eradicated’ if group breaches Gaza deal with Israel
Trump, however, insisted that American forces would not be involved in confronting against Hamas, saying dozens of countries that have...
Geostrategy
Geostrategy
Israel strikes crowded Rafah as truce talks under way
Major powers trying to find a way to end the destructive Israel-Hamas war have so far failed, but a US...
- Alarm has centered on Gaza's southernmost city of Rafah, where hundreds of thousands of displaced civilians are living in makeshift camps where disease threatens.
- Israel's onslaught has killed at least 29,410 people, mostly women and children, according to the latest count by Gaza's health ministry.
Vietjet to buy 20 A330-900 planes
The company signed MoU with Airbus for the widebody aircraft.
- Vietjet signed MoU with Airbus for the widebody aircraft, which will replace its current fleet of leased A330-300 planes, Airbus said in a statement
- At list prices, the Vietjet order would be worth $5.9 billion, but customers usually get a discount when making bulk aircraft orders
Business
Nestle net profits up 20.9%
Sales grew 7.2% in value terms, fell 0.3% in volume.
- Nestle said turnover fell as a rising Swiss franc and a slight fall in sales volumes balanced out higher prices
- The maker of Nespresso, Maggi seasonings, and the Smarties range of sweets said turnover fell 1.5 percent
Business
Qantas half-year profits slide
Its net profit dropped 13.2% to US$570 million.
- Qantas said its net profit dropped 13.2 percent year-on-year to US$570 million in the six months to December 31
- The airline said travel demand was strong, led by the leisure sector but with business travel now approaching pre-Covid-19 levels
Israel parliament rejects unilateral recognition of Palestinian state
On Wednesday, Israel's parliament backed Netanyahu's proposal of opposing any unilateral recognition of a Palestinian state, with 99 out of...
- The vote came days after media reported that US and a small group of Arab nations were working out a comprehensive plan for long-term peace between Israel and the Palestinians
- Media reported that the plan would begin with a ceasefire expected to last at least six weeks, with officials hoping that an agreement could be reached before the start of Ramadan
Business
Nvidia profit soars to US$12.3bn
The company's revenue spiked to US$22.1bn.
- The chip titan posted profit of $12.3 billion on record revenue of $22.1 billion in the quarter than ended late January
- Its shares jumped nearly eight percent to $732.99 in after-market trade, following the release of the earnings results
Geostrategy
New Palestinian leaders needed after Gaza war: opposition figure
Talks are aiming to secure a ceasefire of about six weeks starting between now and Ramadan, which is expected to...
- Kidwa, nephew of late Palestinian leader Yasser Arafat, said talks are seeking not just a pause in fighting but also addressing day-after scenarios
- Behind the scenes they are touching on wider post-war issues such as security, leadership reform, the creation of an independent Palestinian state, he said
Geostrategy
Israeli strike on MSF shelter in Gaza kills two
According to MSF, the attack killed the daughter-in-law and wife of one of their colleagues, and wounded six people, including...
- Israeli troops fired at the building, which was clearly marked with the MSF logo
- The charity said Israeli forces had been informed of the precise location" of the MSF shelter
Ronaldo scores as Al Nassr ease into Champions League quarters
Nassr, who won last week's first leg 1-0 thanks to a Ronaldo goal nine minutes from time, were the better...
- Ronaldo, 39 earlier this month, was booked in first-half stoppage time for a late challenge, with Nassr manager Luis Castro then given a yellow card for protesting the decision
- However, the Nassr skipper would have the final say, when four minutes from time, he latched onto yet another Marcelo Brozovic through ball
Geostrategy
Israeli air attack kills two in Damascus, says state media
An Israeli strike on a residential area of Damascus killed at least two people, Syrian state media reported, the latest...
- The Syrian Observatory for Human Rights, a Britain-based war monitor, said that "a Syrian civilian" was killed as well as two foreign nationals.
- An AFP photographer said the strike hit a nine-storey building, with damage centered around the fourth floor and the exterior of building partially blackened.
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World Bank estimates Syria reconstruction costs at $216 billion
"The conflict has damaged nearly one-third of Syria’s pre-conflict gross capital stock, with direct physical damages to infrastructure, residential buildings, and...
Geostrategy
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Hajj pilgrimage to begin on June 4: Saudi state media
Arts & Culture
Iran nuclear programme ‘very delayed’ by strikes: French intel chief
Iran's nuclear programme has been "very, very delayed" by US and Israeli strikes, France's foreign intelligence chief said on Tuesday,...
Geostrategy
Trump holds fresh talks with Netanyahu to end Gaza ‘tragedy’
Donald Trump and Benjamin Netanyahu met for the second time in 24 hours Tuesday as the US president intensified the...
Geostrategy
Iran FM holds talks with Saudi Crown Prince after Tehran’s ceasefire with Israel
Saudi Prince Mohammed bin Salman said his country hoped the truce would contribute to regional stability, and emphasised Riyadh's position...
Geostrategy
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Geostrategy
UN experts warn of torture risk as US deports migrants to third countries
Geneva, Switzerland -- UN experts decried Tuesday the US resumption of migrant deportations to third countries, including to war-torn South...
- The experts stressed that assessments of potential dangers faced by deportees "must be individual as well as country-specific".
- They highlighted that the United States had agreed to adhere to international obligations to prevent so-called refoulement, including under the Convention Against Torture.
Geostrategy
Trump says ‘no extensions’ to Aug 1 tariff deadline
While Trump imposed a sweeping 10 percent tariff on goods from almost all trading partners in April, higher rates customized...
- On Monday night, Trump had told reporters at a dinner that the August 1 deadline was "firm, but not 100 percent firm."
- Pressed on whether the letters were his final offer, Trump replied: "I would say final -- but if they call with a different offer, and I like it, then we'll do it."
Geostrategy
Five IDF soldiers killed, 14 injured in roadside bombing in Northern Gaza
Five Israeli soldiers were killed and 14 others injured late Monday night when a roadside bomb exploded during an ongoing...
- The incident occurred around 10 p.m. as infantry soldiers on foot patrol were hit by an explosive device planted along a road
- The attack took place during an operation led by the Gaza Division’s Northern Brigade and the 646th Reserve Paratroopers Brigade