Egypt says $35 billion Israel gas deal ‘commercial’, not ‘political’
Under the agreement, Israel will increase the total volume of gas supplied to Egypt to 130 billion cubic meters, according...
Geostrategy
Ancient cures and AI: WHO seeks evidence for traditional medicine
New Delhi, India -- The World Health Organization opens a major conference on traditional medicine on Wednesday, arguing that new...
Science
Economy
Abu Dhabi showdown – how the F1 title can be won
Paris, France - AFP Sport assesses how the 2025 Formula One drivers' title can be won at the season finale...
- "All" Norris has to do to claim his maiden title is finish on the podium at Yas Marina, irrespective of where his two title rivals finish.
- But on a cautionary note Norris has failed to make the top three in six races this year, including his disqualification from second in Las Vegas due to a technical infringement
Geostrategy
Trump says Putin wants to end war, US to hold new talks with Ukraine
Trump's envoy Steve Witkoff and son-in-law Jared Kushner huddled into the early hours with Putin in the Kremlin but reached...
- Steve Witkoff and Jared Kushner huddled into the early hours with Putin in the Kremlin but reached no breakthrough on halting Europe's worst conflict since World War II
- The Kremlin said afterward it found parts of the US plan to end the war unacceptable, even though the proposal includes Ukraine ceding parts of the eastern Donbas region
Business
In Data Center Alley, AI sows building boom, doubts
Ashburn, United States -- As planes make their final approach to Washington DC's Dulles Airport, just below lies Ashburn, a...
- In 2025, private companies are spending roughly $40 billion a month on data center construction in the United States.
- Data servers deploying ChatGPT-like technologies run very hot and require new-generation liquid cooling.
Geostrategy
US private sector lost 32,000 jobs last month in surprise drop
President Donald Trump has been touting the economy's health, and forecasts had incorrectly predicted the monthly data would show a...
- "Hiring has been choppy of late as employers weather cautious consumers and an uncertain macroeconomic environment," ADP chief economist Nela Richardson said.
- "While November's slowdown was broad-based, it was led by a pullback among small businesses."
Business
OpenAI declares ChatGPT ‘code red’ over stiff competition: report
Washington, United States -- OpenAI CEO Sam Altman has declared a company-wide "code red" as its ChatGPT technology faces stiff...
- Altman told employees that the company was "at a critical time for ChatGPT," and that resources must be devoted to fending off the new competition to its chatbot.
- Altman said that other projects would now be delayed, including a plan to introduce advertising to the chatbot.
Business
Amazon unveils new AI chip in battle against Nvidia
San Francisco, United States -- Amazon Web Services launched its in-house-built Trainium3 AI chip on Tuesday, marking a significant push...
- The move intensifies competition in the AI chip market, where Nvidia currently dominates with an estimated 80- to 90-percent market share.
- AWS also announced it is already developing Trainium4, expected to deliver at least three times the performance of Trainium3 for standard AI workloads.
Economy
Saudi powers forward with deficit spending to fund reforms
The Arab world's largest economy is overseeing a major push to slash its dependence on oil revenues, with officials pouring...
- The state's general budget for 2026 would have total expenditures of 1.313 trillion riyals (350.1 billion dollars).
- The projected deficit amounts to 3.3 percent of GDP, which is lower than the deficit of 245 billion riyals estimated for 2025.
Economy
Saudi powers forward with deficit spending to fund diversification of its oil-dependent economy
Saudi Arabia greenlit its 2026 budget Tuesday, projecting a deficit of 165 billion riyals ($44 billion) as the kingdom presses...
- The Arab world's largest economy is overseeing a major push to slash its dependence on oil revenues, with officials pouring billions into projects to attract investment and tourism
- The budget figures will be keenly watched by energy industry experts, with the hopes of gleaning insights into where Saudi Arabia expects oil revenues to head in the near future
Geostrategy
If Europe wants war with Russia, ‘we are ready,’ says Putin as he meets US envoys over Ukraine deal
Washington has presented a 28-point draft to end the conflict, later amended after criticism from Kyiv and Europe, which viewed...
- The comments came as US envoy Steve Witkoff and President Donald Trump's son-in-law Jared Kushner were in Moscow for high-stakes talks on ending the nearly four-year war
- "They have no peaceful agenda, they are on the side of war," he added, repeating his claim that European leaders were hindering US attempts to broker peace in Ukraine
Business
Amazon tests ‘ultra-fast’ deliveries in two US cities
San Francisco, United States - Amazon on Monday began testing "ultra-fast" deliveries in two US cities, giving some shoppers the...
- Amazon is piloting its new “Amazon Now” feature in select neighbourhoods, offering items ranging from groceries to electronics
- Delivery fees for the ultra-fast service start at $3.99 for Prime members and $13.99 for non-members
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Egypt says $35 billion Israel gas deal ‘commercial’, not ‘political’
Under the agreement, Israel will increase the total volume of gas supplied to Egypt to 130 billion cubic meters, according...
Geostrategy
Company News
Latest News
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.
Algeria include son of Zinedine Zidane in AFCON squad
Goalkeeper Luca Zidane, a son of France football icon Zinedine Zidane, was named on Saturday in the Algeria squad for the...
Economy
China’s smaller manufacturers look to catch the automation wave
Yancheng, China -- In a light-filled workshop in eastern China, a robotic arm moved a partially assembled autonomous vehicle as workers...
Geostrategy
Trump vows revenge after troops in Syria killed in alleged IS ambush
The deadly attack had been "an ambush by a lone ISIS gunman," who was "engaged and killed," US Central Command...
Geostrategy
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Geostrategy
Erdogan pushes Putin on ‘limited ceasefire’ at ports, energy facilities in Russia-Ukraine war
Speaking on the sidelines of a summit in Turkmenistan, Erdogan told Putin that efforts to end the war were valuable,...
- Erdogan's remarks came on the heels of several attacks on Russia-linked tankers in the Black Sea, some of which were drone attacks claimed by Kyiv
- The attacks sparked harsh criticism from Ankara, which summoned envoys from both Russia and Ukraine, warning the strikes amounted to a "worrying escalation."
Geostrategy
Israel says Hamas ‘will be disarmed’ after group proposes weapons freeze
Israel said Thursday that Hamas "will be disarmed" as part of the US-sponsored peace plan for Gaza, after a top...
- Top Hamas leader Khaled Meshaal told Qatari news channel Al Jazeera that the militant group is open to a weapons "freeze", but rejects the demand for total disarmament
- Shosh Bedrosian, spokeswoman for the Israeli prime minister's office, said "Israel will continue to follow the 20-point plan. There will be no Hamas inside of the Gaza Strip."
Economy
US launches pact for AI supply chains with key Asia-Pacific allies to face China
The United States signed an agreement on the supply chains with key Asia-Pacific allies concerned about China's growing clout --...
- Dubbed the "Pax Silica," adapting the Latin terms for peace and silicon, a key material in AI, the partnership aims to secure supply chains
- China has quickly taken a dominant position in the race for resources in the fast-growing area of artificial intelligence, mining around 70 percent of key rare earths