Carrefour name disappears from Arab stores as Israel boycotters claim victory
Dubai, United Arab Emirates -- The Carrefour name has disappeared from storefronts in some Arab countries, with pro-Palestinian shoppers and...
Geostrategy
OpenAI valuation soars to $500 bn in private share sale: reports
If confirmed, OpenAI workers' sale of a reported $6.6 billion in shares to investors would make the company the world's...
Business
COP28 UAE
OPEC implores members to oppose any COP28 deal targeting fossil fuels
Dubai, UAE--The head of OPEC has urged members of the oil cartel to reject any deal at UN climate talks...
- The OPEC chief urged members to reject any text or formula that "targets energy i.e. fossil fuels rather than emissions"
- On Friday, negotiators released an updated text that still includes various options for exiting oil, gas and coal
Iran warns of ‘explosion’ after US veto on Gaza war
Tehran, Iran - Iran warned Saturday of the threat of an "uncontrollable explosion" of the situation in the Middle East, after...
- On Friday, the United States vetoed a Security Council resolution that would have called for an immediate ceasefire in Gaza
- Hossein Amir-Abdollahian, the top diplomat of the Islamic republic, also appealed for the immediate opening of the Rafah border crossing with Egypt
Science
Ultra-processed foods linked to obesity, heart disease, cancer and early death
In recent years, dozens of studies have found that people who eat lots of UPFs have a higher risk of...
- Researchers warning of their dangers have called for taxation and even bans of products
- However some nutrition experts have started to push back against such all-encompassing claims
Geostrategy
Three Lebanese soldiers wounded in Israeli attack
According to a medical source quoted by media, Israeli artillery fire targeted the " vicinity of a Lebanese army post...
- Soldiers were seen lying on stretchers, exhibiting signs of breathing difficulties but with no open wounds
- Violence on Israel-Lebanon border has killed at least 120 people in Lebanon, mostly Hizbollah fighters
Geostrategy
US vetoes Security Council resolution calling for Gaza ceasefire
Guterres had convened an emergency meeting of the UN Security Council after weeks of fighting left more than 17,487 people...
- Washington dashed a growing clamor for an immediate ceasefire that had been led by UN chief Antonio Guterres and Arab nations
- American envoy Robert Wood said the resolution was "divorced from reality" and "would have not moved the needle forward on the ground."
Geostrategy
Fossil fuels usage must end by 2040 to restrict warming to 1.5C
In a note to the UN Secretary-General Antonio Guterres and UN Climate Change body, shared with AFP, climate scientists from...
- The steep timeline they laid out comes as climate negotiators at the COP28 talks in Dubai are tussling over the future of oil, gas and coal.
- The UN climate negotiations are tasked with helping the world meet the Paris deal goal of limiting global warming to 1.5 degrees Celsius.
Economy
European Union fails to agree on budget reforms
Brussels, Belgium - EU finance ministers failed to seal a deal on an overhaul of the bloc's spending rules on Friday,...
- The lack of approval comes despite the ministers meeting for a dinner on Thursday to discuss the reform, before talks stretched into the early hours of Friday.
- The current rules, albeit suspended since 2020, say states must keep debt below 60 percent of gross domestic product and deficits below three percent of GDP.
COP28 UAE
COP28 president Sultan Jaber pushes for rapid fossil fuels draft deal
Climate campaigners have viewed Jaber with deep suspicion due to his position as the head of UAE national oil firm...
- Despite disagreements over the future of fossil fuels, Jaber voiced optimism that the talks hosted by the oil-rich UAE can finish with a historic deal
- A draft deal was released on Tuesday but negotiators failed to produce another text on Wednesday before heading into the break
Business
Vietnam TikTok entrepreneurs turn job losses into livestream gains
Bac Giang, Vietnam - Vi Thi Anh spent half a decade doing monotonous low-paid work in industrial hubs near Vietnam's capital...
- Vietnam is one of the world's top 10 growth markets and turnover is expected to reach more than $20 billion this year, according to the ministry of industry and trade.
- Nearly 80 percent of Vietnam's 100 million people have access to the internet, and according to a recent survey by the data agency Statista.
Economy
Chinese president says Beijing’s economic recovery at ‘critical stage’
Beijing, China - President Xi Jinping said that China's economic recovery is at a "critical stage", state broadcaster CCTV reported Friday,...
- Xi urged measures to boost the economy, saying that "the development situation facing the country is complex.
- "It is necessary to focus on accelerating the construction of a modern industrial system, expand domestic demand, (and) prevent and defuse risks," said Xi
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Carrefour name disappears from Arab stores as Israel boycotters claim victory
Dubai, United Arab Emirates -- The Carrefour name has disappeared from storefronts in some Arab countries, with pro-Palestinian shoppers and...
Geostrategy
Company News
Latest News
ADNOC expands its STEM Education Programme to empower UAE students in AI
Abu Dhabi, UAE – ADNOC has expanded its Science, Technology, Engineering and Mathematics (STEM) education programme to empower UAE students...
Arab ministers condemn Israel ‘ban’ on planned West Bank visit to meet president Abbas
The ministers condemned "Israel's decision to ban the delegation's visit to Ramallah (on Sunday) to meet with the president of...
Geostrategy
Saudi top diplomat says ‘at vanguard’ of efforts to rebuild Syria after 14 years of civil war
On a visit to Riyadh earlier this month, US President Donald Trump said he would lift US sanctions on Syria,...
Geostrategy
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Geostrategy
Macron says abandoning Gaza ‘will kill’ West’s credibility
French President Emmanuel Macron said on Friday that abandoning war-torn Gaza to its fate and giving Israel a "free pass"...
- "If we abandon Gaza, if we consider there is a free pass for Israel, even if we do condemn terrorist attacks, we will kill our credibility," Macron told defence forum in Singapore
- European Commission chief Ursula von der Leyen on Tuesday denounced attacks in the past days on civilian infrastructure in Gaza as "abhorrent" and "disproportionate."
Geostrategy
UN declares Gaza the hungriest place on earth, says entire population risks famine
Negotiations to end nearly 20 months of war have so far failed to achieve a breakthrough, with Israel resuming operations...
- Negotiations to end nearly 20 months of war have so far failed to achieve a breakthrough, with Israel resuming operations in Gaza in March, ending a six-week truce
- Thousands of Palestinians rushed into a Gaza Humanitarian Foundation centre on Tuesday, as Israel implemented a new distribution system that bypasses the UN
Business
Google makes case for keeping Chrome browser in US court
Washington, United States - Google on Friday urged a US judge to reject the notion of making it spin off...
- US government attorneys have called for divesting Google of Chrome browser, contending that AI is poised to ramp up it's dominance
- They also want Google barred from agreements with partners such as Apple and Samsung to distribute its search tools