Search Site

Trends banner

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Palestinian sources say Hamas, mediators in new talks to revive Gaza truce, hostage release deal

Negotiations between Hamas and Israel, mediated by Egypt along with Qatar and the United States, have been deadlocked for weeks...
  • Talks are focusing on the possibility of implementing a truce during the Eid al-Fitr and Jewish Passover holidays
  • A Palestinian source close to Hamas said that despite the discussions, "no breakthrough" had been achieved so far

Firms and researchers at odds over superhuman AI

The belief that human-or-better intelligence -- often called "artificial general intelligence" (AGI) -- will emerge from current machine-learning techniques fuels...
  • "Systems that start to point to AGI are coming into view," OpenAI chief Sam Altman wrote in a blog post last month.
  • Such predictions help justify the hundreds of billions of dollars being poured into computing hardware and the energy supplies to run it.

Automakers lead market losses after Trump tariffs on imported vehicles

Wall Street's main indexes opened in the red, with General Motors sinking more than nine percent in early trading while...
  • Among European auto firms, Volkswagen shed 2.4 percent, Porsche was down around 3.5 percent, Mercedes lost four percent and BMW fell 2.7 percent.
  • In Mumbai, India's Tata Motors, which exports Jaguar Land Rovers to the United States, lost more than five percent.

From cars to champagne: Trump’s expanding tariffs trigger trade war fears

Paris, France -- From champagne to steel and now cars: it is getting harder to keep up with US President...
  • In early March, Trump imposed a 20 percent tariff on products from China, which has a huge trade surplus with the United States and was already his top target during his first term
  • Trump announced earlier he would slap 25-percent tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India.

Lebanon cabinet appoints Karim Souaid central bank governor

Born in 1964, Souaid officially takes over after embattled former chief Riad Salameh's term expired in July 2023 with no...
  • First vice-governor Wassim Manssouri had been acting head of the bank, a post that is traditionally reserved for a Maronite Christian in Lebanon's sectarian power-sharing system.
  • Souaid is the founder and managing partner at Gulf-based Growthgate, according to his biography on the private investment firm's website.

Israel PM threatens to seize parts of Gaza over fate of hostages

Prime Minister Benjamin Netanyahu threatened Wednesday to seize parts of Gaza if Hamas did not release hostages, while the militant...
  • Israel's resumption of intense bombardment and ground operations across Gaza shattered weeks of relative calm brought by a fragile ceasefire
  • According to the health ministry in Hamas-run Gaza, 830 people have been killed in the territory since Israel restarted its strikes on March 18

AI’s impact on jobs, technology’s touchy topic sparks unease

New York, United States - "Stop Hiring Humans" read a provocative sign at an AI conference in Las Vegas, where...
  • AI agents, which are supposed to make decisions that are usually made by humans, have become the latest buzzword of the AI story
  • There is little doubt that some kind of upheaval of the workplace is underway, but its precise impact remains uncertain

Trump announces 25% tariffs on foreign-built vehicles

US President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation from trading partners...
  • The duties take effect at 12:01 am (0401 GMT) on April 3 and impact foreign-made cars and light trucks while key automobile parts will also be hit within the month
  • But the White House added that vehicles entering under the US-Mexico-Canada Agreement (USMCA) can qualify for a lower rate depending on their American content

Macron hosts European leaders to discuss Ukraine’s security amid ceasefire talks with Russia

The meeting is seeking to set out what security guarantees Europe can offer Ukraine once a ceasefire deal is agreed,...
  • Speaking alongside Zelensky in Paris on Wednesday ahead of the talks, Macron said this was now a "decisive phase to put an end to the war of aggression"
  • Macron also announced a new French two billion euro ($2.2 billion) military aid package for Ukraine, with Paris ready to rapidly ship existing hardware from its stocks

Over a billion pounds of Coke plastic waste to enter waterways: study

Washington, United States -- By 2030, Coca-Cola products will account for an estimated 1.33 billion pounds (602,000 metric tons) of...
  • Coca-Cola ranks as the world's top branded plastic polluter, followed by PepsiCo, Nestle, Danone, and Altria, according to a 2024 study published in Science Advances.
  • Oceana's estimate is based on Coca-Cola's publicly reported packaging data from 2018 to 2023, combined with sales growth forecasts to create a "business-as-usual" scenario.

Military confrontation ‘almost inevitable’ if Iran nuclear talks fail, says French foreign minister

Western countries including the United States have long accused Iran of pursuing a nuclear weapon, which Tehran has denied, insisting...

Latest News

Sudanese journalists form union to safeguard press freedom

The journalists' syndicate held elections on Saturday, the first since ousted president Omar al-Bashir dissolved independent unions after rising to...

Morocco bus crash leaves 23 dead, scores injured

An average of 3,500 deaths and 12,000 injuries have been recorded annually in Morocco, according to the National Road Safety...

Tunisia train accident leaves nearly 100 passengers injured

A head-on collision between two passenger trains injured 95 people on Monday morning in the south of the Tunisian capital,...

Iranian jet fighter crashes, three killed, reports state TV

Jet fighter crashed in a residential area of the northwestern city of Tabriz.

Beyonce, Jay-Z, Grande, and Billie Eilish shortlisted for Oscar

Iran's Asghar Farhad is among a select group of auteurs to have won multiple foreign film Oscars previously again makes...

Trump puts world on edge as ‘Liberation Day’ tariffs loom

Trump kept rivals and allies alike guessing about who would be targeted and by how much, but promised to be...

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Trump says ‘there will be bombing’ if Iran fails to make ‘peace deal’

Trump's language represented a sharpening of his comment a few days earlier that if Tehran refused to negotiate a new...

Most Read

Netanyahu offers Hamas leaders Gaza exit but demands group disarm amid strikes on the Palestinian territory

A senior Hamas official stated on Saturday that the group had approved a new ceasefire proposal put forward by mediators...
  • Gaza's civil defence agency said an Israeli air strike on a house and tent sheltering displaced Palestinians killed at least eight people, including five children
  • The strike in Khan Yunis came in the morning on the first day of Eid al-Fitr, the festival marking the end of the Muslim fasting month of Ramadan

Turkey opposition pushes for early polls as Swedish reporter jailed

Istanbul, Turkey --  The Turkish opposition on Sunday worked to keep up the momentum of the protest movement triggered by...
  • With Turkey entering several days of public holiday marking the end of the Ramadan, the opposition has vowed to keep up the protest movement while switching to focused events.
  • Interior Minister Ali Yerlikaya said on Thursday 1,879 people had been detained in connection with the protests since March 19, with 260 of them remanded in custody pending trial.

‘Day of funerals,’ Gazans mark grim Eid under Israeli strikes

At dawn, many Gazans gathered across different parts of the territory to offer traditional morning Eid prayers, an AFP correspondent...
  • Many prayed beside makeshift tents sheltering tens of thousands of displaced Gazans, living in dire humanitarian conditions.
  • At the Nuseirat refugee camp in central Gaza, several residents visited the graves of loved ones killed in the war.