Qantas: stolen data from 5.7 million customers leaked online
Sydney, Australia -- Australian airline Qantas said Sunday that data from 5.7 million customers stolen in a major cyberattack in...
Geostrategy
Major win for Trump on Gaza, but will it stand test of time?
Washington, United States - US President Donald Trump has undeniably scored a diplomatic victory by helping to broker a truce...
Geostrategy
Millions of Afghans go hungry as winter cold bites
Once flush with humanitarian aid following the US-led invasion of the country, funding to Afghanistan has plummeted since the Taliban...
- Funding shortages have forced WFP to tighten the criteria for aid handouts, with just six million people eligible for emergency assistance in food, cash or vouchers
- Today, approximately 85 percent of Afghans live on less than $1 a day, according to the UN, with extreme poverty found in both rural and urban areas
World Economic Forum
Women’s health gap costs US$1trn worldwide: report
Women spend a quarter more of their lives suffering from poor health than men, a disparity that includes an unequal...
- The gender health gap causes around 75 million years of life lost due to poor health annually
- WEF officials say analysis proves "investing in women's health must be a priority for every country"
Business
China’s economic recovery stalls as growth flags
The country's national bureau of statistics said that GDP grew 5.2 percent to hit 126 trillion yuan ($17.6 trillion) as...
- But Wednesday's reading is an improvement on the three percent growth recorded in 2022
- China's exports -- historically a key growth lever -- dropped last year for the first time since 2016
Geostrategy
Deal reached for Gaza hostages to receive medicines
Qatari foreign ministry spokesman Majid Al-Ansari told QNA "the medications and aid will leave Doha tomorrow to the city of...
- Netanyahu's office confirmed the deal and saying the medicines will be forwarded by Qatari representatives in the Gaza Strip to their final destination
- The drugs are intended for 45 hostages, according to the French presidency, which said 83 were initially identified as needing medication in November
Business
Google to slash ‘few hundred’ jobs
The internet giant will cut jobs from its global ad team.
- The jobs will be cut by the company amid a push to use artificial intelligence for efficiency and creativity
- The company made no mention of generative AI, which is disrupting many sectors including advertising.
Geostrategy
Pakistan says two children killed by Iran air strike
The statement did not say where the strike took place, but various Pakistani social media accounts reported blasts in Balochistan...
- "This violation of Pakistan's sovereignty is completely unacceptable and can have serious consequences," Pakistan's foreign ministry said in a statement.
- Tehran and Islamabad frequently accuse each other of allowing militants to operate from the other's territory to launch attacks
Geostrategy
Maritime firm says missile hits Greek ship off Yemen
Dubai, UAE - A missile hit a Greek-owned cargo ship off Yemen, a maritime risk management company said on Tuesday, following...
- "A Malta-flagged, Greek-owned bulk carrier was reportedly targeted and impacted with a missile while transiting the southern Red Sea northbound," said firm
- The ship, which has visited Israel since the outbreak of war in Gaza and was headed to the Suez Canal, changed course and headed to port after the incident, it said
Geostrategy
Washington seeks ‘de-escalation’ in Middle East, says top US official
Davos, Switzerland - The United States wants a "de-escalation" in the Middle East despite its strikes on Houthi positions in Yemen,...
- "We seek to stop the spread of conflict and to create the conditions for de-escalation," Sullivan said at the World Economic Forum in Davos, Switzerland.
- Sullivan said the course of the conflict with the Iranian-backed rebels depended on "those with influence in Tehran and influence in other capitals in the Middle East".
Geostrategy
WTO hopes to finalize fishing agreement
GENEVA, SWITZERLAND - The head of the World Trade Organization's fisheries talks voiced optimism on Tuesday about striking an agreement on...
- The 164 WTO members kicked off a month of negotiations this week at the global trade body's headquarters in Geneva.
- The draft text is intended to help members reach agreement on a so-called "clean text" for submission to ministers in Abu Dhabi.
Geostrategy
Shell halts Red Sea shipments over attack fears, say report
WASHINGTON, US - British oil giant Shell has paused transit through the key Red Sea shipping route indefinitely, over fears of...
- The worries of escalation grew after United States and United Kingdom strikes on scores of sites in rebel-held Yemen.
- The Houthis have been targeting what they deemed Israeli-linked vessels, but after the strikes, they declared US and British interests "legitimate targets."
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
Qantas: stolen data from 5.7 million customers leaked online
Sydney, Australia -- Australian airline Qantas said Sunday that data from 5.7 million customers stolen in a major cyberattack in...
Geostrategy
Company News
Latest News
Almost 3,000 Australians seek to flee Israel-Iran conflict
Australia has started evacuating almost 3,000 citizens caught up in the rapidly spiralling conflict between Israel and Iran, Foreign Minister...
Geostrategy
Syrians watch Iran-Israel crossfire as government stays silent
For days, Syrians have watched as Iranian missiles and Israeli interceptors light up the skies over their territory, but the...
Geostrategy
Trump weighs involvement as Israel launches fresh strikes on Iran
The White House said Trump would receive an intelligence briefing on Thursday, a US holiday and top US diplomat Marco...
Geostrategy
Most Read
Geostrategy
Gulf states on Iran’s doorstep scramble for end of war
Doha, Qatar -- As Iran and Israel trade strikes and the US weighs joining in, wealthy Gulf states on the...
- Peace and stability have been central to the rise of Gulf powers including Qatar, Saudi Arabia and the UAE, who are pivoting their economies towards business and tourism.
- Hoping to avert the crisis, Saudi Arabia has been talking to Iran and the United States since "day one", Ali Shihabi, an analyst close to the royal court.
Geostrategy
MENA Brief | June 18: Oil calms after Trump’s threat rattles markets; UAE-Iran calls, Riyadh Air signs big Rolls-Royce deal
Oil prices steadied Wednesday after Trump’s demand for Iran’s ‘unconditional surrender’ roiled markets and revived supply fears, as regional diplomacy...
- Oil surged over 4% Tuesday amid fears of US strikes on Iran after Trump’s comments but stabilised slightly Wednesday
- Analysts warn Iran could block the vital shipping lane if tensions escalate further; US refuelling jets reportedly en route to the region
Economy
US Fed set to hold rates steady as it guards against inflation
Washington, United States - The US central bank is expected to hold interest rates steady Wednesday after its key policy...
- The Federal Reserve has kept the benchmark lending rate unchanged this year at a range between 4.25 percent and 4.50 percent
- Beyond inflation data, policymakers are also trying to keep expectations "anchored," a state in which consumers expect price increases to remain low and steady