‘Tuna King’ pays record $3.2 mn for bluefin at Tokyo auction
Tokyo, Japan -- A Japanese sushi entrepreneur paid a record $3.2 million for a giant bluefin tuna Monday at an...
Business
Bondi shooting responders honoured at Sydney Ashes Test
Sydney, Australia -- England and Australia's cricket teams honoured at the fifth Ashes Test in Sydney on Sunday emergency service...
Geostrategy
Science
AI giant Anthropic to pay $1.5 bn over pirated books
San Francisco, United States - Anthropic will pay at least $1.5 billion to settle a US class action lawsuit over...
- "This landmark settlement far surpasses any other known copyright recovery," said plaintiffs' attorney Justin Nelson. "It is the first of its kind in the AI era."
- San Francisco-based Anthropic announced this week that it raised $13 billion in a funding round valuing the AI startup at $183 billion
Geostrategy
Turkey opposition calls extraordinary congress for Sept 21
Turkey's main opposition party has announced it will hold an extraordinary congress on September 21 after a court ousted its...
- The decision comes amid growing political pressure on the Republican People's Party (CHP) after a court annulled the outcome of its Istanbul provincial congress in October 2023
- More than 900 CHP delegates on Friday submitted a petition to a local election board in the capital Ankara to authorise the congress, the source told AFP
Geostrategy
Israel flattens high-rise as it tells Gaza City residents to flee
An Israeli strike flattened a high-rise in Gaza City on Saturday -- the second in as many days -- after...
- Israel has stepped up air strikes and ground operations on the city's outskirts, sparking fears it could worsen already dire conditions
- On Saturday, Israeli aircraft dropped thousands of leaflets on western neighbourhoods calling on residents to evacuate, witnesses and an AFP journalist said
Arts & Culture
From hotels to high fashion, Armani’s luxury empire
Milan, Italy - Giorgio Armani's death leaves a vacuum at the top of his billion-dollar luxury business, an independent empire...
- Born into a modest family in northern Italy, Armani, who died on Thursday aged 91, became one of the richest men in the world and the fourth richest in Italy
- From his historic headquarters in Milan, Armani led an empire employing more than 9,000 staff at the end of 2023, and with revenues of 2.3 billion euros ($2.7 billion) in 2024
Geostrategy
Arab bloc says no peace without a Palestinian state and end to ‘hostile’ Israel actions
The League said that "the failure to reach a just solution to the Palestinian cause and the hostile practices of...
- The League said that "the failure to reach a just solution to the Palestinian cause and the hostile practices of the occupying power" remain obstacles to "peaceful coexistence'
- The resolution was part of a wider meeting in Cairo where foreign ministers endorsed a "Joint Vision for Security and Cooperation in the Region".
Geostrategy
Gaza film at Venice targeted by hate campaign, director says
Venice, Italy - At its premiere, a powerful new Gaza film at the Venice Film Festival sparked 23 minutes of...
- "The Voice of Hind Rajab" from French-Tunisian director Kaouther Ben Hania is a strong contender for the festival's Golden Lion to be awarded Saturday
- The film covers the last minutes of the life of a five-year-old Palestinian girl who was killed by Israeli fire last year while trying to escape Gaza with her family
Geostrategy
Lebanon says army will begin implementing Hezbollah disarmament plan, amid opposition from the group
Responding to questions from journalists, Morcos said "the Lebanese army will begin implementing the plan, but in accordance with the...
- In August, the Lebanese government ordered the military to draw up plans to disarm the once-dominant militant group by the end of the year
- Responding to questions, the information minister Morcos said "the Lebanese army will begin implementing the plan, but in accordance with the available capabilities."
Business
Tesla proposes package for Musk that could top $1 trillion
New York, United States -- Tesla unveiled on Friday a proposed compensation package for Elon Musk that could top $1...
- The plan potentially provides Musk -- already the world's wealthiest person -- with up to 12 percent of additional total company shares.
- Tesla's current market capitalization is just over $1 trillion, down somewhat from its peak following recent weak earnings.
Business
EU hits Google with $3.47 billion fine despite Trump threats
Brussels, Belgium -- The EU slapped Google with a massive 2.95 billion euro ($3.47 billion) antitrust fine for favoring its...
- Google immediately vowed to appeal the decision by the European Commission, which accused the US firm of distorting competition in the 27-nation bloc.
- The fine comes despite threats by Trump to go after Europe for regulations seeking to rein in US tech giants.
Geostrategy
After his call with Zelensky, European leaders, Trump says will speak with Putin soon
US President Donald Trump said Thursday he would speak soon with Russia's Vladimir Putin, after his call earlier in the...
- "I will be, yeah," Trump told a reporter asking if he would speak with the Russian leader in the near future, on the sidelines of a dinner with prominent US tech executives
- Trump's call with European leaders came after a summit in Paris aimed at firming up plans for security guarantees for Ukraine if or when there is a ceasefire
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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
‘Tuna King’ pays record $3.2 mn for bluefin at Tokyo auction
Tokyo, Japan -- A Japanese sushi entrepreneur paid a record $3.2 million for a giant bluefin tuna Monday at an...
Business
Company News
Latest News
Pfizer poised to buy Metsera
Business
Trump sends Witkoff to Moscow in hopes of finalizing Ukraine deal
An initial US plan which was heavily weighted in Russia's favor has been replaced by one taking in more of...
Geostrategy
China’s Xi pushes Taiwan issue in call with Trump
Chinese leader Xi Jinping pressed the ever-sensitive issue of Taiwan in a phone call Monday with US President Donald Trump,...
Geostrategy
Fake AI videos have a new generation loving 1980s life
New York, United States - "The 1980s are calling," a teenager with a throwback hairstyle tells viewers as "Everybody Wants...
Arts & Culture
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Geostrategy
Tabatabai: Hezbollah military chief who led the group in Yemen, Syria
Beirut, Lebanon - Haytham Ali Tabatabai, Hezbollah's top military chief whom Israel killed on Sunday, had taken the role after...
- He is the most important Hezbollah figure to have been killed since a November 2024 ceasefire sought to end over a year of hostilities between the militant group and Israel
- The strike hit an apartment building in Beirut's densely populated southern suburbs, where the group holds sway, killing five people, according to Lebanon's health ministry
Geostrategy
Trump peace plan: Washington, Kyiv say a peace deal must ‘fully uphold’ Ukraine sovereignty
US President Donald Trump had given Ukraine until November 27 to approve his plan to end the nearly four-year conflict,...
- US President Donald Trump had given Ukraine until November 27 to approve his plan to end the nearly four-year conflict, which began after Russia launched a full-scale invasion
- Kyiv was seeking changes to the draft that accepted a range of Russia's hardline demands, with the 28-point plan requiring the invaded country to cede territory, and cut its army
Geostrategy
G20 grapples with splintering world order
"Too many countries are retreating into geopolitical blocs or the battlegrounds of protectionism," Canadian Prime Minister Mark Carney told reporters....
- He and the other leaders at the summit -- which was boycotted by the United States -- held a searching discussion on how the G20 can survive in a fragmenting world.
- The United States is to host next year's G20 summit, with Trump planning to hold it at a Florida golf club he owns.