Nvidia, Microsoft invest $15 billion in AI startup Anthropic, creator of the Claude chatbot
Nvidia and Microsoft announced Tuesday investments totaling $15 billion in AI startup Anthropic, creator of the Claude chatbot, amid frenzied...
Business
Rory McIlroy wins seventh Race to Dubai title
Dubai, United Arab Emirates -- Rory McIlroy was on Sunday crowned the DP World Tour’s Race to Dubai champion for...
Arts & Culture
Geostrategy
Kazakhstan to join Abraham Accords as Trump pushes Mideast peace
Washington, United States - Kazakhstan said Thursday it will join the Abraham Accords between Israel and mainly Muslim nations, in...
- The central Asian republic has had diplomatic ties with Israel for decades, unlike the four Arab states that normalized relations with Israel under Abraham accords
- But with Trump aiming to shore up his fragile Gaza ceasefire deal, Washington is pushing to get as much support as possible behind a wider peace initiative
Economy
UAE company inks $22 mn deal for stake in Latakia container terminal
Dubai, United Arab Emirates - AD Ports Group of the United Arab Emirates (UAE) signed a $22 million agreement Thursday...
- Abu Dhabi-based firm inked the deal with French shipping giant CMA CGM for a 20 percentage stake in the Latakia International Container Terminal, AD Ports Group said in a statement
- The Syrian government signed a 30-year contract in May with the French firm to run the Mediterranean port and modernise it, including developing the infrastructure
Economy
Qatari firm to invest $29.7 billion in Egypt coastal development
The project in the Alam al-Roum area, in Egypt's Matrouh Governorate, will span "4,900 acres... extending across a coastline of...
- Egypt, mired in its worst economic crisis in decades, is betting big on its 3,000 kilometres (1,800 miles) of coastline as a revenue source
- In 2024 the UAE said it would inject $35 billion in foreign direct investment into Egypt, including $24 billion that would go to developing the Ras al-Hikma area west of Alexandria
Geostrategy
Embracing heritage, Mamdani marks watershed for South Asian Americans
Washington, United States - In a victory speech capping his meteoric rise, New York's mayor-elect Zohran Mamdani quoted at length...
- As he left the stage to a cheering cross-section of the metropolis, the song on the speaker was not one of the many well-worn tunes about New York but the beats from Bollywood
- Mamdani, winning a mandate with a left-wing agenda focused on making New York more affordable, has made history as the first South Asian to lead America's largest city
Economy
World has ‘the tools’ to unlock $1.3 trillion in climate finance: COP30 report
The 81-page report was released by the heads of last year's COP29 conference in Azerbaijan and the upcoming COP30 gathering...
- The 81-page report was released by the heads of last year's COP29 conference in Azerbaijan and the upcoming COP30 gathering in Belem, Brazil
- "This Roadmap aims to contribute as catalyst and foundation for the next phase of climate action," COP29 president Mukhtar Babayev and COP30 head Andre Correa do Lago said
Business
Ozempic maker lowers outlook
The company posted tepid Q3 results.
- It marked the latest bad news for the pharmaceutical giant, which has recently changed its CEO, announced plans to lay off 9,000 employees and replaced more than half of its board.
- The group now expects full-year sales in 2025 to grow by eight to 11 percent, versus the eight to 14 percent range it had expected previously, the company said.
Geostrategy
Gaza hospital says received 15 Palestinian bodies under ceasefire exchange deal
They were returned in exchange for the latest hostage body handed back from Gaza on Tuesday, that of Israeli-American soldier...
- At the start of the truce, Hamas held 48 hostages in Gaza -- 20 alive and 28 deceased.
- Hamas have since released all the surviving captives, as well as 21 of the deceased's remains.
Geostrategy
Long-shot socialist and Trump foe Mamdani becomes next New York mayor
The self-proclaimed socialist, who has been re-elected three times, forged an image that has become his trademark -- a progressive...
- Since his surprise victory in the Democratic Party primary in June, New Yorkers have become used to seeing his bearded, smiling face on television
- The 34-year-old election winner was born in Uganda to a family of Indian origin and has lived in the United States since he was seven, becoming a naturalized US citizen in 2018
Geostrategy
NATO tests war preparedness on eastern flank facing Russia
On the Mures river in central Romania, French armoured vehicles and Romanian trucks board a motorised floating bridge, part of...
- The drill -- planned for months and seen as an "integration exercise" for NATO members -- comes after Washington last week said it would pull some troops out from the area
- Romania, which shares some 650 kilometres (400 miles) of border with Ukraine, has gained in strategic importance since Russia invaded its neighbour in 2022
Geostrategy
World on track to dangerous warming as emissions hit record high: UN
Scientists are in broad agreement that warming above 1.5C relative to pre-industrial times risks catastrophic consequences, and every effort must...
- But the world is set to blow past 1.5C in a matter of years and planet-warming emissions keep rising, hitting a new record high in 2024, according to a UN report.
- With an overshoot of 1.5C now inevitable, focus has shifted to how quickly temperatures can be returned to less-risky levels.
Nvidia, Microsoft invest $15 billion in AI startup Anthropic, creator of the Claude chatbot
Nvidia and Microsoft announced Tuesday investments totaling $15 billion in AI startup Anthropic, creator of the Claude chatbot, amid frenzied...
Business
Company News
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10 killed in Aleppo building collapse: Syria state media
The five-story building collapsed in the Ferdaws neighbourhood of Aleppo. Civil defence and local authorities evacuated residents from nearby buildings...
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.
Google to invest $6.4bn
Business
Cristiano Ronaldo says 2026 World Cup ‘definitely’ his last
Riyadh, Saudi Arabia -- Portuguese superstar Cristiano Ronaldo on Tuesday said next year's World Cup would be his last as...
Arts & Culture
Demand for air con set to triple by 2050, warns UN
Geneva, Switzerland -- Global demand for air conditioning could more than triple by 2050, the United Nations warned on Tuesday,...
Geostrategy
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Geostrategy
US mediator Kushner and Netanyahu hold talks on the second round of Gaza ceasefire
Kushner, the son-in-law of US President Donald Trump who helped broker the ceasefire, met Netanyahu in Jerusalem on Monday as...
- Prime Minister Benjamin Netanyahu, meanwhile, said Israel would enforce the ceasefire in Gaza as well as one in Lebanon with an "iron fist".
- The truce in Gaza, in effect for exactly a month now, has largely halted the war that erupted after Hamas's surprise attack on Israel on October 7, 2023
Geostrategy
Indian capital car blast kills at least eight
New Delhi, India - A car explosion in the bustling heart of the Indian capital on Monday killed at least...
- Police have not given details on the cause, but said that forensic and anti-terrorism agencies were at the site, near the landmark Red Fort
- The blast took place in the early evening as people returned from work, close to a metro station in the crowded Old Delhi quarter of the city
Geostrategy
The Sudanese who told the world what happened in El-Fasher
Port Sudan, Sudan -- "Sixteen killed." "Seven killed." "Thirty-one killed." "People are eating cowhide to survive." "The bombs are getting...
- AFP's Sudan correspondent documented the grim siege of El-Fasher through civilians like doctors and activists who relayed vital, dangerous updates.
- These brave sources, including Dr. Ismail and Sheikh Moussa, have all been killed while documenting the ongoing war between the army and the RSF.