Global stocks rise as Japan led Asia gains on a weaker yen
Seoul was an outlier in Asia with shares plunging as South Korea's political crisis deepened with a second impeachment vote....
Business
Ceasefire talks falter as Hamas, Israel clash over conditions, Gaza sees more destruction and deaths
Hamas accuses Israel of stalling the truce with new demands on troop withdrawal and prisoner release, while Netanyahu’s office counters,...
Geostrategy
Trump wins White House in stunning comeback
Geostrategy
Geostrategy
What next after assassination of Hamas chief Haniyeh?
Jerusalem, Undefined - The killing of Palestinian militant group Hamas's political leader Ismail Haniyeh in Iran could embolden hardliners in the...
- Haniyeh's killing could have an impact on flailing ceasefire talks to halt Israeli bombardment of Gaza and to see Israeli hostages freed.
- While some have celebrated Haniyeh's death on social media in Israel, many also fear a military escalation
Geostrategy
Iran to hold funeral for Hamas chief Ismail Haniyeh
Khamenei, who has the final say in Iran's political affairs, said after Haniyeh's death that it was "our duty to...
- The Islamic republic's supreme leader Ayatollah Ali Khamenei will lead the prayers for Haniyeh, having earlier threatened a "harsh punishment" for his killing
- Haniyeh's death was announced on Wednesday by Iran's Revolutionary Guards, who said he and his bodyguard were killed in a strike on their accommodation
Geostrategy
UNSC to hold emergency meeting over Hamas chief’s killing
The meeting has been requested by Iran and supported by representatives of Russia, China and Algeria, said a spokesman for...
- Iran's UN envoy Amir Saeid Iravani called on members to "condemn unequivocally and strongly the acts of aggression and terrorist attacks" by Israel.
- He also urged council members to take "immediate action to ensure accountability for these violations of international law," including potential sanctions.
Arts & Culture
World Rally Championship to add Saudi Arabia race to calendar
Paris, France -- World Rally Championship announced Wednesday that it will add races in Saudi Arabia, the Canary Islands and Paraguay...
- Rally Saudi Arabia will end the season on November 27-30 with the event in the Spanish archipelago on April 24-27 and the race in South America on August 28-31.
- It also added the Canary Islands and Paraguay to its calendar next year. Rallys in Croatia, Poland and Latvia are no longer on the circuit.
Geostrategy
Killing of the Palestinian movement’s chief Ismail Haniyeh “will not go unanswered”- Hamas
Palestinian president Mahmud Abbas said Wednesday the killing of Hamas chief Ismail Haniyeh was a "cowardly act" and urged Palestinians...
- Palestinian President Mahmud Abbas strongly condemned the assassination
- Haniyeh's killing came after Israel on Tuesday struck a Hezbollah stronghold in Beirut, killing a senior commander
Geostrategy
Hamas chief Ismail Haniyeh killed in Tehran: Iran’s Revolutionary Guards
"The residence of Ismail Haniyeh, head of the political office of Hamas Islamic Resistance, was hit in Tehran, and as...
- Haniyeh arrived in Tehran on Tuesday to attend the inauguration of Iran's new President Masoud Pezeshkian in parliament
- Tuesday's swearing-in ceremony came amid concerns of war between Israel and Lebanon's Hizbollah following a Saturday rocket attack on the Israeli-annexed Golan Heights
Israel says ‘eliminated’ Hizbollah commander Fuad Shukr in Beirut strike
"Fuad Shukr was the commander responsible for the Majdal Shams massacre, in which 12 children were murdered after Hizbollah fired...
- He was responsible for the majority of Hizbollah's most advanced weaponry, including precise-guided missiles, cruise missiles, anti-ship missiles, and UAVs, Israeli military said
- While Israel wanted to end hostilities without any wider war with Hizbollah, its forces were ready for "any scenario, Israeli military spokesman Daniel Hagari said
Business
BP H1 profits down 79%
Revenue dropped 8 percent to $98 billion in the same period.
- BP said increased volume and lower exploration write-offs were "partly offset by increased depreciation charges and higher costs".
- The group earlier this month flagged to markets that its latest earnings would take a sizeable hit from a cut to oil refining in Germany.
Geostrategy
Gaza official says 300 killed in Khan Yunis as army ends assault
"Since the beginning of the Israeli ground invasion of the eastern part of Khan Yunis province, the civil defence and...
- The Israeli military launched the assault on July 22 to halt rocket fire from the area, which already saw heavy fighting earlier this year.
- Last week, it said troops had retrieved the bodies of five Israelis from the area.
Geostrategy
Israel army says 9 soldiers held over suspected abuse of detainee
The Israeli military said Monday nine soldiers were being held in a case of suspected abuse of a Palestinian detainee...
- Israel's military has said its detention conditions are in line with international law
- Several far-right Israelis, on hearing of the soldiers' detention, rushed towards Sde Teiman to show support
Global stocks rise as Japan led Asia gains on a weaker yen
Seoul was an outlier in Asia with shares plunging as South Korea's political crisis deepened with a second impeachment vote....
Business
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Emirates half-year profit $2.5bn
Business
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BP announces $7bn gas project
The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.
Business
‘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...
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...
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Business
Adani Group tanks after US bribery charges
India's opposition leader demands Gautam Adani's arrest; Kenya scraps airport, power deals with the Group that has significant investments in...
- Adani, once the world's second-richest man, is a close ally of Prime Minister Narendra Modi and critics have long accused him of benefitting improperly from their relationship.
- The conglomerate saw $150 billion wiped from its market value in 2023 after a shock report by short-seller Hindenburg Research accused it of "brazen" corporate fraud.
Arts & Culture
Banana taped to a wall sells for $6.2 million
The provocative work of conceptual art by Italian artist Maurizio Cattelan debuted at the Art Basel show in Miami Beach...
- The sale featured seven potential buyers and smashed expectations, with the auction house issuing a guide price of $1-1.5 million before the bidding.
- As well as his banana work, Cattelan is also known for producing an 18-carat, fully functioning gold toilet called "America" that was offered to Donald Trump during his first term.
Boeing CEO says company can’t afford another mistake: report
Boeing CEO Ortberg told workers a trade war with China would weigh heavily on Boeing. The meeting came about two...
- New CEO Kelly Ortberg said a trade war with China would weigh heavily on Boeing
- On October 12, Boeing unveiled plans to reduce its global workforce by 10 percent