Trump tells Zelensky to ‘make a deal’ as Tomahawk plea misfires
Trump said as recently as last month that he believed Ukraine could take back all its territory -- but a...
Geostrategy
Trump speaks with Putin ahead of Zelensky visit
Donald Trump held a crucial phone call with Russian leader Vladimir Putin Thursday, a day before Ukraine's Volodymyr Zelensky meets...
Geostrategy
Economy
Tunisia parliament votes to let central bank finance budget
The parliament ratified by a huge majority of 92 votes out of 133 an amendment to an article that prohibited...
- The country's finance minister said the funds were "not intended to finance current expenses"
- The IMF agreed in principle, in October 2022, to a loan of around US$2 billion to Tunisia
Geostrategy
Israel says studying Hamas response to truce deal
Last week, a Hamas source said the truce deal calls for a six-week pause to fighting as Hamas frees hostages...
- US Secretary of State Antony Blinken, on his fifth tour of the region since the war broke out, arrived in Israel to discuss an "essential" agreement
- Hamas confirmed it delivered its response to proposals hammered out a week ago in Paris between Qatar and other mediators
Geostrategy
Israeli air strikes on Syria’s Homs kill five people
The Syrian Observatory for Human Rights said that five people have been killed including three civilians, and seven others were...
- The monitor said the identities of the two non-civilian casualties were unknown
- Israeli strikes last Monday near Damascus killed eight people, including pro-Iran fighters
Business
Saudi more than doubles tourism target by 2030, says minister
Riyadh, Saudi Arabia - Saudi Arabia drew 27 million foreign tourists in 2023 and has more than doubled its goal for...
- "We have reached 100 million tourists this year, 77 million from home, 27 million from abroad, over 100 million," Tourism Minister Ahmed Al Khateeb said.
- Saudi hopes 150 million tourists by 2030, up from an earlier goal of 100 million, with 70 million of those coming from abroad, up from an earlier goal of 30 million.
Geostrategy
EU seeks 90 percent drop in greenhouse emission by 2040
Strasbourg, France - The EU on Tuesday urged a 90-percent cut to its greenhouse gas emissions by 2040, even as the...
- The 27-nation European Union is already working towards an interim target of cutting greenhouse gas emissions by 55 percent by 2030.
- However, rising discontent could deal it a tougher time in trying to get the 2040 goal of 90 percent cuts adopted.
Geostrategy
Hamas hands response to Gaza truce deal to Egypt and Qatar
Hamas has for more than a week mulled the deal drawn up in its absence at Paris talks, as international...
- Qatari Prime Minister Mohammed bin Abdulrahman Al-Thani said Doha had received a "positive" response from Hamas to the truce plans.
- US Secretary of State Antony Blinken said he would bring a response from Hamas on a hostage deal to Israel on Wednesday and called it "essential" to move ahead.
Arts & Culture
Djokovic and Nadal to play 6 Kings Slam in Saudi Arabia
Riyadh, Saudi Arabia - Novak Djokovic and Rafael Nadal will headline a new exhibition tournament in Saudi Arabia, organizers said. The...
- The Serb and the Spaniard will be joined by Wimbledon champion Carlos Alcaraz and Australian Open winner Jannik Sinner at the event
- World number three Daniil Medvedev and seventh-ranked Holger Rune will also play the event in Riyadh in October, Saudi Arabia's latest foray into the sport
Business
Novartis to buy MorphoSys
The deal gives Novartis access to new blood cancer treatment.
- The all-cash deal will see Novartis offer 68 euros per share for the company, whose stock has soared in recent days amid speculation a deal was looming
- "With the planned acquisition of MorphoSys, we aim to further strengthen our leading pipeline and portfolio in oncology," said Shreeram Aradhye, Novartis' CMO.
Business
UBS to reward shareholders
Losses from costs of absorbing Credit Suisse narrow.
- The bank reported a net loss of $279 million in the final three months of 2023 -- far less than the nearly $500 million analysts had been bracing for
- The result followed a bigger, $785 million loss in the third quarter but for the full year, UBS bagged a net profit of $29 billion in 2023
Geostrategy
Three killed in attack outside court in Turkey, says minister
ISTANBUL, TURKEY - Turkish police on Tuesday shot dead two assailants from a leftist organization, branded "terrorists" by authorities, who attacked...
- Turkey's Interior Minister Ali Yerlikaya said the assailants were members of the Revolutionary People's Liberation Party-Front (DHKP-C).
- The group, considered a terrorist organization by the United States, has been fighting US influence in the Middle East and across the world.
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Trump tells Zelensky to ‘make a deal’ as Tomahawk plea misfires
Trump said as recently as last month that he believed Ukraine could take back all its territory -- but a...
Geostrategy
Company News
Latest News
Iran decries ‘destructive’ conduct by IAEA chief
"The action taken by parliament members... is a natural response to the unjustified, unconstructive, and destructive conduct of the Director...
Geostrategy
Meta spending big on AI talent but will it pay off?
New York, United States - Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up...
Business
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Geostrategy
Netanyahu eyes hostage breakthrough as Gaza families mourn victims
His comments lifted hope for a new ceasefire in the devastating conflict in the Palestinian territory, after US President Donald...
- His comments lifted hope for a new ceasefire in the devastating conflict in the Palestinian territory, after Trump said he hoped a truce could be sealed within a week
- Netanyahu said that after his country's recent "victory" over Iran in their 12-day war, "many opportunities have opened up... first of all, to rescue the hostages."
Geostrategy
Iran voices ‘serious doubts’ over Israel commitment to ceasefire
"We have serious doubts over the enemy's compliance with its commitments including the ceasefire, we are ready to respond with...
- The 12-day war erupted on June 13, when Israel launched a bombing campaign in Iran that killed top military commanders and scientists linked to its nuclear programme
- The fighting derailed nuclear talks between Iran and the United States, which later joined its ally Israel's campaign with strikes on Tehran's nuclear facilities
Business
Trump metal tariffs wreak havoc on US factory
Belcamp, United States -- In the sweltering US summer, metal containers decorated with snowmen and sleighs are taking shape --...
- At Independent Can's factory in Belcamp, Maryland northeast of Baltimore, CEO Rick Huether recounts how he started working at his family's business at age 14.
- Huether, now 73, says he is determined to keep his manufacturing company afloat for generations to come. But Trump's tariffs are complicating this task.