Move over Mercedes: Chinese cars grab Mexican market share
Mexico City, Mexico -- The growing popularity of Chinese sport utility vehicles and pickup trucks has shaken up Mexico's luxury car...
Business
Syrian war monitor says 17 dead in clashes in Tartus province
17 people were killed Wednesday in clashes in Tartus province after security forces sought to arrest an officer under deposed...
Emirates half-year profit $2.5bn
Business
Shah Rukh Khan to be honoured at Locarno Film Festival
Held on the shores of Lake Maggiore, in the Italian-speaking Ticino region of southern Switzerland, films are screened in Locarno's...
- Bollywood superstar Khan, 58, will on Saturday be given the Pardo alla Carriera award for people whose artistic contributions have redefined cinema
- Founded in 1946, Locarno is one of the world's longest-running annual film festivals and focuses on auteur cinema.
Geostrategy
G7 foreign ministers met by videoconference over Mideast: Italy
Rome, Italy -- G7 foreign ministers met by videoconference Sunday to discuss the Middle East and expressed "strong concern" over the...
- "Together with our partners, we have expressed strong concern about recent events that threaten to determine a regionalization of the crisis," Italian foreign minister said.
- The foreign ministers, it said, "reiterated the priority of a favorable conclusion of the negotiations on the ceasefire in Gaza and the release of hostages".
Geostrategy
Travellers rush to leave Lebanon amid spiking tensions
Several airlines including Lufthansa and Air France have delayed or suspended flights to Lebanon, and countries have issued urgent calls...
- Fears have spiked that months of cross-border violence could degenerate into all-out conflict between Hezbollah and Israel, who last fought a devastating war in the summer of 2006.
- Embassies have repeatedly urged their citizens to leave Lebanon while commercial flights are still available.
Geostrategy
Fears of Middle East war grow after Hamas leader’s killing
Israel on Saturday again traded fire with Hezbollah, carried out a deadly raid in the occupied West Bank, and struck...
- Israel ally the United States said it would move warships and fighter jets to the region, while Western governments called on their citizens to leave Lebanon
- Iran-backed groups from Lebanon, Yemen, Iraq and Syria have already been drawn into the nearly 10-month war between Israel and Palestinian group Hamas in Gaza
Geostrategy
US to deploy more warships, fighter jets to Mideast
Defense Secretary Lloyd Austin has also ordered additional ballistic missile defense-capable cruisers and destroyers to the Middle East and areas...
- The announcement comes after Iran and its regional allies vowed retaliation for the killings of a Hamas leader in Tehran and a Hizbollah commander in Beirut
- The aircraft carrier strike group led by the USS Abraham Lincoln will replace one helmed by the USS Theodore Roosevelt in the region, Singh said
Geostrategy
Thousands bid farewell to Ismail Haniyeh in Qatari capital
Haniyeh was laid to rest in Lusail, north of the capital Doha, following funeral prayers at the Gulf emirate's largest mosque...
- "In this moment, I buried my soul under the dirt and I departed. I departed with all the pain of the world in my ribs," she captioned the video uploaded on X.
- Mourners earlier on Friday lined up inside Imam Muhammad bin Abdul Wahhab Mosque, where Haniyeh's casket, draped in a Palestinian flag, was briefly carried in.
Biden says US committed to defend Israel against ‘all threats from Iran’
Biden, who was joined on the call by Vice President and Democratic presidential candidate Kamala Harris, also emphasized the "ongoing...
- The call between the leaders also came after Israel announced it had "eliminated Hezbollah military commander Fuad Shukr in Beirut
- Netanyahu's government has not commented on the slaying of Hamas political leader Ismail Haniyeh in Tehran, but the Palestinian group has blamed Israel
Business
Intel to slash workforce
The company to cut approximately $20 billion in expenses this year.
- The plan to cut approximately $20 billion in expenses this year came as Intel reported a loss of $1.6 billion in the recently ended quarter
- Intel reported having 124,800 employees at the end of last year, meaning the layoffs could hit about 18,000 positions
Geostrategy
Iran, allies ready Israel response as funerals held for Haniyeh, Shukr
Hezbollah chief Hassan Nasrallah, addressing the funeral of the Lebanese group's top military commander, said Israel and "those who are...
- The international community has called for calm and a focus on securing a ceasefire in the Gaza Strip -- which Haniyeh had accused Israel of obstructing.
- The prime minister of key ceasefire broker Qatar said Haniyeh's killing had thrown the whole Gaza war mediation process into doubt.
Business
British Petroleum to develop four new oil and gas fields in Iraq
Baghdad, Iraq -- Iraq signed an agreement with British energy giant British Petroleum on Thursday to develop four oil and gas...
- BP is one of the biggest foreign players in Iraq's oil sector, with a history of producing oil in the country dating back to the 1920s when it was still under British mandate.
- According to the World Bank, Iraq has 145 billion barrels of proven oil reserves -- among the largest in the world -- amounting to 96 years' worth of production at the current rate
Move over Mercedes: Chinese cars grab Mexican market share
Mexico City, Mexico -- The growing popularity of Chinese sport utility vehicles and pickup trucks has shaken up Mexico's luxury car...
Business
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Emirates half-year profit $2.5bn
Business
Big money as Saudi Arabia makes foray into cricket with IPL auction
Crown Prince Mohammed bin Salman has backed extravagant sports investments -- set to culminate in Saudi Arabia hosting the football...
Rocket fire wounds four UN peacekeepers in Lebanon
Italian Defence Minister Guido Crosetto said two 122 mm rockets appeared to have hit a bunker on the base. The...
Geostrategy
Wealthy nations offer $250bn on climate but pressed for more
At the COP29 talks in Azerbaijan, developing nations are demanding a bigger commitment from historic polluters most responsible for warming,...
Geostrategy
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‘Moment of truth’ for world-first plastic pollution treaty
Bangkok, Thailand - Plastic pollution litters our seas, our air and even our bodies, but negotiators face an uphill battle next...
- Countries will have a week in South Korea's Busan from Monday to round off two years of negotiations
- The talks are a "moment of truth", UN Environment Programme chief Inger Andersen warned this month
Geostrategy
Putin hints at strikes on West in ‘global’ Ukraine war
In a defiant address to the nation, Russia's president railed at Ukraine's allies granting permission for Kyiv to use Western-supplied...
- The Kremlin strongman spoke out after a day of frayed nerves, with Russia test-firing a new generation intermediate-range missile at Ukraine
- Ukraine's President Volodymyr Zelensky branded the strike a major ramping up of the "scale and brutality" of the war by a "crazy neighbour."
Geostrategy
ICC issues arrest warrants for Netanyahu, Gallant, Deif
The court said it had found "reasonable grounds" to believe Netanyahu and Gallant bore "criminal responsibility" for war crimes
- The ICC's move now theoretically limits the movement of Netanyahu
- A warrant had also been issued for Deif