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Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Goldwind 2024 revenue up 12.5%

The clean energy giant posted $7.8bn in revenue for 2024.

Emaar to pay $2.39bn dividend

The company had posted $19bn in property sales for 2024.

Aramco acquires stake in BHIG

The 50% equity interest in BHIG is Aramco-APQ joint venture.

Perplexity eyes TikTok buy

TikTok faces a deadline to divest from its Chinese owner or be banned in the US.
  • TikTok temporarily shut down in the United States and disappeared from app stores as the deadline for the law approached, to the dismay of millions of users.
  • Trump suspended its implementation for two-and-a-half months after beginning his second term in January, seeking a solution with Beijing.

Russia hopes for ‘progress’ at upcoming Saudi talks: negotiator

Moscow has rejected a joint US-Ukraine proposal of a full and unconditional 30-day ceasefire, instead suggesting just to halt aerial...
  • US negotiators will meet separately with Ukrainian and Russian delegations in Riyadh, in what US envoy Keith Kellogg described as "shuttle diplomacy" between hotel rooms.
  • Despite the flurry of diplomacy and push from US President Donald Trump, a breakthrough has so far proved elusive.

Istanbul Bar Association board dismissed over ‘terror propaganda’

The Istanbul Bar Association's executive board was dismissed Friday on grounds of "terrorist propaganda" and "publicly spreading false information", according...
  • The Turkish military insists it never targets civilians but only terror groups
  • The bar association issued a statement saying "targeting members of the press in conflict zones

Trump awards next-generation F-47 fighter jet contract to Boeing

US President Donald Trump announced Friday that Boeing has been awarded a major contract for the Air Force's high-tech next-generation...
  • The contract is aimed at continuing the development of the replacement for the F-22 stealth warplane
  • The announcement is a boon for Boeing, which faced a difficult last year in which it struggled with a lengthy labor strike and safety problems

Heathrow to resume some flights after power station fire

London's Heathrow Airport said it would resume "some flights" later Friday after a fire at a power station grounded planes...
  • The electricity substation fire late on Thursday shut down the airport, leading to the cancellation or diversion of hundreds of flight
  • Around 230,000 passengers use Heathrow every day -- 83 million a year -- making it one of the world's busiest airports

UN warns of ‘massive trauma’ for Gaza’s children amid renewed fighting

Sam Rose, the senior deputy field director in Gaza for the UN agency for Palestinian refugees UNRWA, highlighted the psychological...
  • James Elder, a spokesman for the UN children's agency UNICEF, said traumatized children usually only start to process their trauma when they begin returning to normalcy.
  • Humanitarians warned the situation has been made worse by Israel's decision earlier this month to cut off aid and electricity to Gaza over the deadlock in negotiations.

Italian paper prints fully-AI edition, but not to ‘kill’ journalism

Rome, Italy -- In a world first, an Italian newspaper is printing a fully AI-generated edition for a month in...
  • Il Foglio, a daily broadsheet with an irreverent touch and a circulation of about 29,000, says it is the first newspaper in the world to print entire editions created through AI.
  • The newspaper's 20-odd journalists ask a version of ChatGPT to write a story on a specific subject in a specific tone, and it produces a text using information scraped off internet

Chinese electric car maker BYD aims for Europe boost

Chinese carmaker BYD on Thursday vowed to conquer Europe with a new compact electric model and super-fast charging capability to...
  • The group has launched major advertising campaigns including sponsorship of last year's European Championships in football
  • The European Union has imposed a 17-percent tariff on Chinese electric vehicles to make up for Chinese state subsidies

EU skewers Google, Apple over tech rules – despite Trump threats

The European Union defied US threats of retaliation Wednesday by accusing Google of violating its digital rules -- which could...
  • The moves risk opening up a new front in the already fraught relationship between the EU and President Donald Trump,
  • Apple and Google responded that the EU risked European users' security and its moves would hinder innovation

Jet skis in the desert: winter lake creates Saudi watersports oasis

Az Zulfī, Saudi Arabia -- The ear-splitting roar of his jet ski fills the air as Hamza al-Hamm thunders past,...
  • Zulfi's lake, more than 200 kilometers northwest of Riyadh, appears every winter, giving desert-dwellers the chance to take part in a sport usually associated with seaside resorts.
  • When it forms, the lake offers a welcome respite in a country where intense heat limits outdoor activities for much of the year.

Le Pen’s French presidency bid in jeopardy after election ban

A French court on Monday threw into severe doubt far-right leader Marine Le Pen's 2027 bid for president, handing her...

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‘My entire life’: Saudi tailor keeps robe-making craft alive

Hofuf, Saudi Arabia - Saudi tailor Habib Mohammed's shop once made ornate, hand-woven cloaks for royals, a time-honoured craft he...

Iran says it has responded to Trump’s nuclear talks letter

Iran has sent a response to a letter from US President Donald Trump that called for nuclear talks and warned...

Lawyer complains Turkish student held in US ‘abducted’

A lawyer representing a Turkish university student detained in the United States and facing deportation said Thursday that his client...

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Firms and researchers at odds over superhuman AI

The belief that human-or-better intelligence -- often called "artificial general intelligence" (AGI) -- will emerge from current machine-learning techniques fuels...
  • "Systems that start to point to AGI are coming into view," OpenAI chief Sam Altman wrote in a blog post last month.
  • Such predictions help justify the hundreds of billions of dollars being poured into computing hardware and the energy supplies to run it.

Automakers lead market losses after Trump tariffs on imported vehicles

Wall Street's main indexes opened in the red, with General Motors sinking more than nine percent in early trading while...
  • Among European auto firms, Volkswagen shed 2.4 percent, Porsche was down around 3.5 percent, Mercedes lost four percent and BMW fell 2.7 percent.
  • In Mumbai, India's Tata Motors, which exports Jaguar Land Rovers to the United States, lost more than five percent.

From cars to champagne: Trump’s expanding tariffs trigger trade war fears

Paris, France -- From champagne to steel and now cars: it is getting harder to keep up with US President...
  • In early March, Trump imposed a 20 percent tariff on products from China, which has a huge trade surplus with the United States and was already his top target during his first term
  • Trump announced earlier he would slap 25-percent tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India.