AMD, Cisco, and HUMAIN partner to build 1 GW AI infrastructure in Saudi
Washington, DC., US – AMD, Cisco, and HUMAIN, a PIF-backed company delivering full-stack AI solutions, have announced plans to establish...
Business
Flydubai inks $13bn Boeing deal for 75 jets as city’s airlines build up
State-owned flydubai and its long-haul partner airline, Emirates, have been the chief deal-makers at this week's Dubai Airshow, the largest...
Business
Economy
Qatar warns will cut gas supply to Europe over EU’s green rules
Qatar's energy minister on Monday warned the Gulf state would halt its supply of liquefied natural gas to Europe over...
- The Corporate Sustainability Due Diligence Directive (CSDDD) requires large companies to fix the "adverse human rights and environmental impacts" of their supply chains worldwide
- The law was backed by a broad coalition of European politicians including the left and the greens as well as centrists, including some centre-right lawmakers
Geostrategy
Turkey, and six of its Muslim allies say Palestinian self-rule key to Gaza future
Turkey, which played a central role in forging the now shaky three-week-old ceasefire, is pushing for Muslim nations to bring...
- Turkey, which played a central role in forging the 3-week-old ceasefire, is pushing for Muslim nations to bring their influence to bear on the reconstruction of the territory
- Brokered by US President Donald Trump, the October 10 ceasefire has been tested by fresh Israeli strikes and claims of Palestinian attacks on Israeli soldiers.
Business
Microsoft unveils $15.2 billion AI, cloud computing investments in UAE
The deal sent US chip-maker Nvidia shares up 2.6 percent, buoyed by hopes the AI juggernaut could see access for...
- "This is not money raised in the UAE. It's money we're spending in the UAE," Smith wrote in a blog post published during a visit to Abu Dhabi.
- Smith said the investments had been encouraged by both the US and UAE governments and had involved a partnership with the country's G42 sovereign artificial intelligence company.
Business
Kimberly-Clark to buy Kenvue
The deal is valued at $48.7 billion.
- Kenvue's Tylenol painkiller has faced Trump administration allegations of links to increased autism risks.
- Texas-based Kimberly-Clark makes a wide range of paper and cloth products, with brands such as Huggies, Kleenex and Kotex.
Business
OpenAI signs $38 bn infrastructure deal with cloud giant AWS
Under the seven-year agreement, OpenAI, which is partly owned by AWS's archrival Microsoft, will gain access to computing resources including...
- The deal will also give access to tens of millions of more conventional CPUs that will be used for the everyday deployment of so-called agentic AI.
- OpenAI will immediately begin utilizing AWS computing, with all capacity targeted to be used before the end of 2026, and the ability to expand further in the coming years.
Geostrategy
Trump says Russia, China have secretly tested nuclear weapons
President Donald Trump alleged Sunday that countries including Russia and China have conducted underground nuclear tests unknown to the public,...
- "Russia's testing, and China's testing, but they don't talk about it," he told CBS's "60 Minutes" program, in an interview released Sunday
- "I don't want to be the only country that doesn't test," he said, adding North Korea and Pakistan to the list of nations allegedly testing their arsenals.
Economy
OPEC+, including Saudi Arabia and Russia, agree further hike to their oil production
The 137,000-barrels-per-day hike will apply from December and remain at that level for the following three months, signifying a "pause"...
- The 137,000-barrels-per-day hike will apply from December and remain at that level for the following three months, signifying a "pause" in what had been regular hike since April
- The announced increase, which tallied with analyst expectations, has been seen as a bid by the key members of OPEC+ - known as the Voluntary Eight - to gain greater market share
Geostrategy
Syrian leader to discuss sanctions, reconstruction in US visit: FM
Syria's president will discuss issues including lifting remaining sanctions, reconstruction and counter-terrorism when he becomes the country's first leader to...
- Ahmed al-Sharaa is expected in the US capital in early November, Syria's top diplomat Asaad al-Shaibani told a panel at the Manama Dialogue in Bahrain
- On Saturday, US envoy to Syria Tom Barrack said Sharaa was heading to Washington "hopefully" to sign an agreement to join the US-led alliance against the Islamic State
Geostrategy
Death becomes a growing business in ageing, lonely South Korea
Busan, South Korea -- Rows of coffins line a university classroom in the South Korean port city of Busan, ready...
- Single-person households now account for around 42 percent of all homes in Asia's fourth-largest economy.
- A new profession has emerged reflecting that statistic: cleaners who are called in to tidy up homes after their occupants, most of whom lived alone, have died.
Geostrategy
Hundreds in south Lebanon mourn Hezbollah members killed in Israeli attacks
Nabatieh, Lebanon -- Hundreds of people gathered in south Lebanon's Nabatiyeh on Sunday to mourn five Hezbollah members killed in...
- On Saturday, an Israeli strike killed four people in Kfar Rumman, Nabatiyeh district, the Lebanese health ministry and the Israeli military said.
- The men's coffins were draped in Hezbollah's flag while mourners threw petals and chanted "death to Israel, death to America".
AMD, Cisco, and HUMAIN partner to build 1 GW AI infrastructure in Saudi
Washington, DC., US – AMD, Cisco, and HUMAIN, a PIF-backed company delivering full-stack AI solutions, have announced plans to establish...
Business
Company News
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Google to invest $6.4bn
Business
Google denies removing W.Sahara border for Morocco users
The dotted lines illustrating the border between Western Sahara and Morocco, indicating the former's disputed territory status, have never been...
Geostrategy
Macron warns any planned West Bank annexation a ‘red line,’ to provoke a European reaction
He spoke as Palestinian president Mahmud Abbas visited Paris one month into a fragile truce between Hamas and Israel, following...
Geostrategy
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Geostrategy
Demand for air con set to triple by 2050, warns UN
Geneva, Switzerland -- Global demand for air conditioning could more than triple by 2050, the United Nations warned on Tuesday,...
- The UN Environment Programme said demand could surge due to increases in population and wealth around the world, combined with more extreme heat.
- Rising demand for more polluting and inefficient cooling systems "would almost double cooling-related greenhouse gas emissions over 2022 levels", said UNEP.
Geostrategy
Sharaa’s US visit: Syria joins alliance against Islamic State after White House talks
Sharaa, whose rebel forces ousted longtime ruler Bashar al-Assad late last year, was the first Syrian leader to visit the...
- Sharaa, whose rebel forces ousted longtime ruler Bashar al-Assad late last year, was the first Syrian leader to visit the US since the country's independence in 1946
- According to the official, Syria will also be allowed to resume diplomatic relations with Washington "to further counterterrorism, security, and economic coordination."
Geostrategy
US mediator Kushner and Netanyahu hold talks on the second round of Gaza ceasefire
Kushner, the son-in-law of US President Donald Trump who helped broker the ceasefire, met Netanyahu in Jerusalem on Monday as...
- Prime Minister Benjamin Netanyahu, meanwhile, said Israel would enforce the ceasefire in Gaza as well as one in Lebanon with an "iron fist".
- The truce in Gaza, in effect for exactly a month now, has largely halted the war that erupted after Hamas's surprise attack on Israel on October 7, 2023