OpenAI big chip orders dwarf its revenues – for now
New York, United States - OpenAI is ordering hundreds of billions of dollars worth of chips in the artificial intelligence...
Business
Protesters out in force for anti-Trump ‘No Kings’ rallies across US
Organizers said seven million people attended protests spanning New York to Los Angeles, with demonstrations popping up in small cities...
Geostrategy
Business
Airbus profit drops 11 percent
The group plans to deliver "around 800" aircraft in 2024.
- The group said it had received orders for 2,094 aircraft in 2023, beating a previous record dating back to 2013
- Group revenues increased by 11 percent to 65.4 billion euros, with commercial aircraft revenues increasing 15 percent
India’s top court strikes down anonymous election funding scheme
Prime Minister Narendra Modi's party has defended electoral bonds, arguing that because the electoral bond donations are channelled through the...
- The scheme allowed donors to give anonymously through "electoral bonds" purchased from a bank
- Critics have condemned the campaign financing method as an opaque way to funnel "black money" to parties
Putin says prefers more ‘predictable’ Biden over Trump
Asked by a journalist who Russia would like to see win in the likely contest between the Democratic incumbent and...
- Putin batted away questions about Biden's age and health, with the president set to turn 82 just weeks after the election
- Trump reacted to Putin's comments at a rally in South Carolina on Wednesday evening, praising them as "a great compliment."
Business
Cisco to cut thousands of jobs
Nearly 5% of its workforce will be hit by the cuts.
- According to several experts, job cuts can become a new trend for Silicon Valley in a big pivot to artificial intelligence
- It posted a revenue of $12.8bn in the quarter ending in late January, down 6% from the same quarter a year earlier
Business
Global LNG demand to rise more than 50 percent by 2040: Shell
"Demand for natural gas has already peaked in some regions but continues to rise globally, with LNG demand expected to...
- Steve Hill, executive vice president for Shell Energy, said China was likely to dominate LNG demand growth in the current decade
- Industry and many governments argue that LNG is a "bridge fuel" between coal and renewables such as wind and solar
Geostrategy
Macron tells Netanyahu Israeli operations in Gaza ‘must cease’
In a telephone call that saw Macron toughen his tone, the French leader expressed France's "firm opposition" to an Israeli...
- WHO says Gaza hospitals completely overwhelmed and Israel approves fewer than half of its aid-delivery requests.
- Spain and Ireland ask European Union to urgently examine whether Israel is complying with its human rights obligations in Gaza.
Science
Old joke: Apes also like to tease, meaning trait could be ancient
Paris, France - A boisterous young chimpanzee slaps an adult in his family on the back, then scampers away and looks...
- The researchers catalogued a wide range of classic japery. One ape would offer another an object, only to withdraw it at the last second.
- Much of this behavior is common in human children, starting from around eight months for the most precocious.
Science
US private firm targets moon landing
Intuitive Machines, the Houston company, hopes to become the first non-government entity to achieve a soft touchdown on the Moon.
- The hexagonal-shaped Nova-C lander named "Odysseus" had been set to blast off on top of a SpaceX Falcon 9 rocket from the Kennedy Space Center in Florida
- But NASA said the launch was postponed due to "off-nominal methane temperatures prior to stepping into methane load," according to a post on social media platform X
Geostrategy
Two children among four Lebanese killed in Israeli strikes
"A woman was killed along with her child and her stepchild in a strike that targeted Sawwaneh," while a fourth...
- The Israeli military said Wednesday its fighter jets "began a series of strikes in Lebanon", raising fears of a war between the two countries after months of cross-border violence.
- The strikes came hours after unclaimed rocket fire from Lebanon wounded seven people in northern Israel, five of them in the town of Safed, medics said.
Geostrategy
Erdogan’s Egypt visit aimed at rapprochement with al-Sisi
Turkey and Egypt cut ties in 2013 after Sisi, then Egypt's defense minister, ousted Islamist president Mohamed Morsi, an ally...
- Erdogan will discuss with Egyptian president "every effort" to stop the "bloodshed" in Gaza
- He has emerged as one of the Muslim world's harshest critics of Israel's war against 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
OpenAI big chip orders dwarf its revenues – for now
New York, United States - OpenAI is ordering hundreds of billions of dollars worth of chips in the artificial intelligence...
Business
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Settlers and Palestinians clash in West Bank village
Sinjil, Palestinian Territories - Dozens of Israeli settlers and Palestinians clashed Friday in the occupied West Bank village of Sinjil,...
Geostrategy
Russia brushes off talks after largest ever drone and missile barrage on Ukraine
Russia on Friday said that it sees no immediate diplomatic way out of the war in Ukraine, hours after pummelling...
Geostrategy
Trump to sign ‘big, beautiful’ bill on US Independence Day
Trump pushed Republican lawmakers to get his unpopular "One Big Beautiful Bill" through a reluctant Congress in time for him...
Geostrategy
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Business
‘Wadeem’ sold out for $1.49bn
This is the highest Abu Dhabi real-estate release to date.
- The strong interest in Wadeem is testament to individual and investor confidence in our capabilities, said Bill O’Regan, Group CEO of Modon Holding.
- The launch reinforces Hudayriyat’s position among Abu Dhabi’s most desirable residential destinations, said Ibrahim Al Maghribi, CEO of Modon Real Estate.
Geostrategy
Israel opposition chief discusses Gaza truce with UAE FM
Jerusalem, Undefined -- Israel's opposition leader said Friday he met with the United Arab Emirates foreign minister in Abu Dhabi...
- The UAE normalized ties with Israel in 2020 as part of the US-brokered Abraham Accords.
- WAM said Lapid and Sheikh Abdullah discussed bilateral ties and regional developments including efforts to reach a ceasefire in Gaza.
Geostrategy
Iran announces opening of its airspace after war: state media
Iran announced Thursday that it has reopened its airspace, including over Tehran, after closing it on June 13 due to...
- Tehran's Mehrabad and Imam Khomeini international airports, as well as those in the north, east, west and south of the country, have been reopened and are ready to operate flights
- Domestic and international flights from all airports across the country -- except those in Isfahan and Tabriz -- will operate between 5:00 am and 6:00 pm, authorities said