Martian rocks offer clues that might indicate ancient life
Washington, United States - Colorful, speckled rocks found on the surface of Mars have offered among the most encouraging evidence...
Science
Europe hyperloop test hits new speed record in Dutch trial
The Hague, Netherlands -- A Dutch tech startup said Wednesday it had set a European speed record for its futuristic...
Geostrategy
Economy
Global stock markets slip as European banks’ shares hit
The dollar remained steady with talk of yet another US interest rate hike, while oil prices retreated following disappointing Chinese...
- The US trade deficit narrowed in June to $65.5 billion, compared with $68.3 billion in May, on a bigger pullback in imports than exports.
- Another weak batch of trade data compounded worries about the struggling Chinese economy. Sales of Chinese products to foreign markets sank 14.5 percent on-year last month.
Geostrategy
Medical charity assails UN failure to renew Syria aid route
Through an arrangement that began in 2014, the UN delivered relief to the areas directly through the Bab al-Hawa crossing from...
- UN Security Council's inability to renew "a resolution safeguarding access to vital humanitarian aid is inexcusable," the aid group said
- More than four million people live in rebel-held areas of northern and northwestern Syria, many of them in overcrowded camps
Business
Boeing looks to get Starliner spaceship ready to fly by March
Right now, based on the current plans, we're anticipating that we're going to be ready with the spacecraft in early...
- The troubled program has experienced numerous postponements but was finally meant to send astronauts to the International Space Station on July 21
- NASA hopes to certify Starliner as a second "taxi" service for its astronauts to the space station -- a role that Elon Musk's SpaceX has provided since succeeding in a test mission
Erdogan defends expansion of controversial coal mine
Dramatic scenes have emerged since July 24 when Akbelen forest in the Milas district of the Aegean province of Mugla...
- Turkish President said the power plant needed to continue production with new coal basins as the existing reserves were close to depletion
- Erdogan's comments come on the eve of a special session in parliament, currently on a summer break, to discuss the situation in Akbelen at the request of the opposition
Economy
China posts biggest fall in exports as global demand recedes
The drop in exports was bigger than expected and the heaviest since a 17.2 percent plunge in January-February 2020, when...
- Sales of Chinese products to foreign markets sank 14.5 percent on-year last month, a third consecutive drop
- The threat of recession in US and Europe, combined with high inflation, has contributed to weakening international demand
Geostrategy
Peace settlement possible if Ukraine stops fighting, says Russia
Moscow, Russia - Russia said Monday a peace settlement with Ukraine was only possible if Kyiv put down its arms, after...
- Representatives from around 40 countries including China, India, the United States and Ukraine took part in the peace summit.
- Russia, which was not invited, said that a resolution was possible if Ukraine "stopped the hostilities and terrorist attacks".
Geostrategy
Iran foreign minister’s Tokyo visit: Japan to raise Russia arms supply
Tokyo, Japan - Iran's foreign minister visited Japan on Monday for the first time since 2019, in a rare trip to...
- Amir-Abdollahian met Japanese Foreign Minister Yoshimasa Hayashi, with both hailing the opportunity to have face-to-face talks in Tokyo.
- Amir-Abdollahian's visit to Japan is the first by a top Iranian diplomat since December 2019, and the first under President Ebrahim Raisi.
Business
Siemens Energy posts Q3 loss
The group expects full-year net loss of around $4.94bn.
- The latest result was dragged lower by extra charges of 600 million euros in its offshore wind business.
- Siemens Energy said it was "additionally burdened" by a 700-million-euro write-down of deferred tax assets during the quarter.
Arts & Culture
Kuwait bars film from screening for showing trans actor
The film titled 'Talk to Me' features Australian actor Zoe Terakes. (AFP)
- The film titled 'Talk to Me', which is currently in theatres in the United Arab Emirates and Saudi Arabia, features transgender Australian actor Zoe Terakes.
- Gulf Arab states, including Kuwait, the UAE and Saudi Arabia -- all of which outlaw homosexuality -- routinely censor films that contain LGBTQ references.
Business
Baguettes fall victim to Tunisia’s economic woes
Around 200 Tunisian bakers stage a sit-in after a government decision to stop selling them subsidized flour, a move threatening...
- Last week the ministry of commerce banned some 1,500 privately-owned bakeries that produced European-style breads and pastries from purchasing subsidized flour.
- Economists say that this "bread crisis" stems from an inadequate reserve of subsidized flour held by the Tunisian government.
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Martian rocks offer clues that might indicate ancient life
Washington, United States - Colorful, speckled rocks found on the surface of Mars have offered among the most encouraging evidence...
Science
Company News
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Palestinian behind Oscar-winning documentary arrested by Israeli army
Jerusalem, Undefined - The Palestinian co-director of the Oscar-winning documentary "No Other Land" was attacked by settlers and arrested by...
Arts & Culture
Samsung TV pioneer Han Jong-hee dies of heart attack at 63
Samsung Electronics co-CEO Han Jong-hee, credited with boosting the South Korean tech giant's television business on the global stage, died...
Business
Trump admin sent journalist classified US plan for Yemen strikes
A US journalist was inadvertently included in a group chat in which Defense Secretary Pete Hegseth, Vice President JD Vance...
Geostrategy
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Business
Stock markets rise on fresh hopes for Trump’s tariff approach
Investor sentiment has been jolted in recent weeks by fears that the president's hardball policies could deal a painful blow...
- Gold held at around $3,030 an ounce (28.3 grammes), having hit a series of records last week to a peak of more than $3,057 owing to a surge in demand for safe havens.
- Asian markets fluctuated through the day, with Tokyo falling while Hong Kong and Shanghai rose.
Business
Does ‘vibe coding’ make everyone a programmer?
New York, United States -- Can a complete tech novice create a website using everyday language on ChatGPT? That's the...
- The ChatGPT and Claude interfaces can write an entire program line by line on demand, as can Gemini, which launched its dedicated version, Gemini Canvas.
- Other generative AI platforms specifically dedicated to coding have also made their mark in recent months, from Cursor to Loveable, or Bolt, Replit and Windsurf.
Business
BYD surpasses Tesla with record revenue
The Chinese EV giant's net profit was $5.55 billion for 2024.
- The Shenzhen-based firm has emerged in recent years as the clear leader in China's highly competitive EV market, which is the largest in the world.
- BYD's publication of strong results comes after Tesla announced lower than expected profits for the fourth quarter of 2024 in late January.