Sweeping UN sanctions loom for Iran after nuclear talks fail
Sweeping UN sanctions loomed for Iran late Saturday for the first time in a decade, after last ditch nuclear talks...
Geostrategy
Turkish Airlines inks big Boeing deal after Erdogan visits US
Istanbul, Turkey -- Turkish Airlines announced on Friday a deal to buy up to 225 Boeing jets, one day after...
Business
Business
AstraZeneca Q3 profit swells
The profits nearly doubled on solid demand for cancer treatments.
- Net profit soared almost 90 percent to $1.26 billion in the three months to the end of September compared with a year earlier
- While overall sales grew, revenue from its Covid jab Vaxzevria slumped 98 percent in the first nine months of the year compared with the same part of 2022
Sony hikes annual sales outlook
The company net profit for July-September sank 29 percent
- Sony saw net profit hitting $5.8 billion in the year to March 2024, up from the previous projection of 860 billion yen
- Annual sales were seen at 12.4 trillion yen, compared with a previous estimate of 12.2 trillion yen
Business
Disney adds 7m subscribers
The bump in subscription came amid its cost-cutting campaign.
- Its clients rose to 112.6 million at the end of September from 105.7 million at the end of June
- Netflix, Disney's rival, last month said subscriber numbers grew nearly 11 percent to 247 million
Economy
France to host ‘humanitarian aid’ conference for Gaza
sraeli Prime Minister Benjamin Netanyahu has said there will be no fuel delivered to Gaza and no ceasefire with Hamas...
- Thursday's aid conference has been put together in a hurry on the sidelines of the annual Paris Peace Forum on November 10-11
- Few Arab nations are expected to send delegates, although the Palestinian Authority will send its prime minister and Egypt a ministerial delegation
Putin, Erdogan and Raisi make visits in Central Asia
Tashkent will host the Iranian and Turkish presidents, as well as Pakistani Prime Minister Anwaar-ul-Haq Kakar and Central Asian leaders....
- The talks in Tashkent summit are expected to focus on trade, humanitarian cooperation and transport
- Turkish president Recep Tayyip Erdogan is likely to bring the Gaza issue to the table
Geostrategy
Israel strikes Gaza City as tens of thousands flee
After more than a month of intense bombardment, hundreds of thousands of people remain trapped in a "dire humanitarian situation"...
- Israeli army said 50,000 people had fled their homes in the main battle zone of northern Gaza
- UN confirmed the figure, and warned that conditions were "dire" in battle zones
US confirms Huthis shot down American drone off Yemen
The Huthis -- who seized Yemen's capital Sanaa in 2014 and control large swathes of the country -- claimed the...
- The Huthis -- who have downed an American drone before -- said the MQ-9 was spying as part of US support for Israel in its war against Hamas
- Huthis have targeted Israel on multiple occasions in recent weeks, and the US Navy intercepted several missiles fired by the Huthis last month
Geostrategy
No evacuation from Gaza into Egypt: Hamas official
According to the official, the Rafah crossing point remained closed because Israel refused to approve the list of wounded who...
- A large crowd of people hoping to cross into Egypt during the day were seen at the crossing
- Egypt has offered to help evacuate around 7,000 foreigners through the Rafah crossing
Business
Oil slumps below $80 for first time since July, stocks wobble
Brent crude, the main international contract, briefly dropped more than 2 percent to hit $79.80, before bouncing back above $80...
- Crude had already plunged about four percent the previous day on news that China's exports fell at a faster pace than predicted in October.
- The drop in oil prices provided some support to stocks, but they still struggled. After opening with modest gains, Wall Street's main indices slipped into the red.
Geostrategy
Israeli destruction of Gaza housing a war crime: UN expert
A month of Israeli strikes on targets within the Gaza Strip have destroyed or damaged 45 percent of all housing...
- The UN official said bombardment of housing, civilian objects and infrastructure are strictly prohibited under international law.
- "Apartment buildings are not military objects. Hospitals and ambulances are not military objects. Refugee camps are not military objects," he said.
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Sweeping UN sanctions loom for Iran after nuclear talks fail
Sweeping UN sanctions loomed for Iran late Saturday for the first time in a decade, after last ditch nuclear talks...
Geostrategy
Company News
Latest News
Boeing to boost 787 production
Business
Washington hails ‘substantive progress’ after trade talks with China
Washington expressed optimism at the end of a weekend of trade talks with China aimed to de-escalate trade tensions sparked...
Economy
Iran says nuclear talks ‘difficult but useful’, US ‘encouraged’
Iran and the United States wrapped up nuclear talks in Oman on Sunday with no apparent breakthrough in a public...
Geostrategy
Trump hails ‘total reset’ in US-China trade relations as talks continue
Geneva, Switzerland - US President Donald Trump hailed a "total reset" in US-China trade relations, ahead of a second day...
Economy
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Geostrategy
Jordan hospital treats war casualties across Middle East
The hospital was established in 2006 to treat victims of the sectarian violence that erupted in Iraq in the aftermath...
- MSF field communications manager Merel van de Geyn said the Al-Mowash hospital has patients "from conflict zones across the Middle East, from Syria, Yemen, Iraq and Gaza."
- The hospital was established in 2006 to treat victims of the sectarian violence that erupted in Iraq in the aftermath of the US-led invasion, but has since expanded its mission
Geostrategy
4th round of Iran, US talks amid enrichment concerns
Iran's Foreign Minister Abbas Araghchi said ahead of Sunday's meeting that "the negotiations are progressing and, naturally, the further we...
- The negotiations mark the highest-level contact between the two foes since Washington withdrew from a landmark nuclear deal in 2018, during President Donald Trump's first term
- Both sides have reported progress after previous talks, but there have been some delays and disagreements over Iran's right to enrich uranium, which Tehran says is "non-negotiable"
Economy
US and China meet in ‘important step’ towards de-escalating trade war
Geneva, Switzerland - Senior US and Chinese officials were meeting in Geneva Saturday in what Chinese state media described as...
- US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer were holding talks with Chinese Vice Premier He Lifeng
- The talks were being held at the residence of the Swiss ambassador to the United Nations in Geneva