Syria authorities say armed groups have agreed to disband
Syria's new leaders announced Tuesday that they had reached an agreement with the country's rebel groups on their dissolution and...
Honda and Nissan expected to begin merger talks
Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants...
Geostrategy
WikiLeaks founder Assange freed in US plea deal
Assange had been detained in the high-security Belmarsh prison in London since April 2019. He was arrested after spending seven...
- Assange, who from 2010 published hundreds of thousands of secret US documents as head of the whistleblowing website WikiLeaks, was freed Monday from a high-security British prison
- The judge on Wednesday sentenced him to five years and two months in prison - with credit for the same amount of time he spent behind bars in Britain
Geostrategy
Israel PM says ‘intense’ phase of Gaza war winding down
Netanyahu said Israel would be able to "redeploy some forces to the north" on the border with Lebanon, where exchanges...
- The right-wing premier spoke in a TV interview on Sunday as Defence Minister Yoav Gallant travelled to Washington for what Gallant called "critical" talks with Israel's top ally
- With fears growing of full-scale war in Lebanon, Netanyahu said Israel would return its displaced citizens to their evacuated northern border communities
Geostrategy
Dubai to build $8 bn stormwater runoff system after record floods
Dubai, UAE -- Dubai on Monday announced an $8 billion plan for a stormwater runoff system, two months after an unprecedented...
- The rainwater drainage network announced by Dubai ruler Sheikh Mohammed bin Rashid Al-Maktoum is set to be completed by 2033 with construction to start in 2033.
- "It will cover all areas of Dubai and will absorb more than 20 million cubic meters of water per day," Sheikh Mohammed said of the plan for Dubai.
Business
UAE energy giant ADNOC offers $12.8bn for Germany’s Covestro
Covestro's shares surged more than six percent in Frankfurt following the announcement, which comes after it first disclosed talks were...
- It said the "starting point" for talks was a "possible offer price" of 62 euros per share from ADNOC. This would value Covestro at $12.57 billion.
- ADNOC welcomed Covestro's decision to start talks on its "final offer", adding that it looked forward to working with the German group to "swiftly progress" the matter.
Geostrategy
Lebanon Transport minister denies Hezbollah weapons at Beirut Airport
Lebanon's transport minister denied on Sunday that Hezbollah was storing weapons at Beirut airport, as fears grow of all-out war...
- Hamieh invited ambassadors and journalists to inspect the airport on Monday morning
- Cross-border exchanges between Hezbollah and Israel have escalated over the past two weeks
Business
Beyond Nvidia: the search for AI’s next breakthrough
Toronto, Canada -- For a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but...
- Nvidia, which makes the processors that are the only option to train generative AI's large language models, is now Big Tech's newest member.
- Even tech's second rung on Wall Street has ridden on Nvidia's coattails with Oracle, Broadcom, HP and others seeing their stock valuations surge, despite sometimes shaky earnings.
Geostrategy
Israeli forces tie wounded Palestinian to jeep in West Bank raid
Jenin, Palestinian Territories -- Israeli troops tied a wounded Palestinian to a military vehicle during a raid in the occupied West...
- Medics identified the Palestinian as Mujahid Raed Abbadi, 24, who told AFP he lives in the Jenin refugee camp.
- Francesca Albanese, the UN special rapporteur on the rights situation in the Palestinian territories, suggested the troops were using Abbadi to shield themselves from gunfire.
Egypt to prosecute travel agents over hajj ‘fraud’: government
Cairo, Egypt - Egyptian Prime Minister Mostafa Madbouly ordered 16 tourism companies stripped of their licences and referred their managers to...
- The order came after countries whose citizens performed this year's hajj reported more than 1,100 deaths, many attributed to the oven-like summer heat in Saudi Arabia
- An AFP tally on Friday, compiling official statements and reports from diplomats involved in the response, put the toll at 1,126, more than half of them from Egypt
Geostrategy
Gaza health officials say 24 killed in Israeli strikes
Gaza civil defence agency spokesman Mahmud Basal told AFP that at least 20 were killed in a strike on a...
- The Gaza City strikes added to at least 120 deaths over the previous 48 hours which the health ministry in Hamas-run Gaza reported earlier Saturday
- Exchanges of fire across the Lebanese border between Israel and the powerful Iran-backed group Hezbollah have also escalated, raising fears of wider war
Syria authorities say armed groups have agreed to disband
Syria's new leaders announced Tuesday that they had reached an agreement with the country's rebel groups on their dissolution and...
Company News
Latest News
Saudi-hosted summit says Mideast peace requires end to Israeli occupation
The summit's closing statement said that "a just and comprehensive peace in the region... cannot be achieved without ending the...
Geostrategy
Avia to buy 40 Boeing aircraft
The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.
Business
World leaders meet for climate talks, but big names missing
Dozens of world leaders convene in Azerbaijan on Tuesday for COP29 but many big names are skipping the UN climate...
Economy
Most Read
Geostrategy
Donald Trump ramps up transition moves with key appointments
President-elect Donald Trump is tapping loyalists for several key posts after signaling his desire to have his cabinet confirmed without...
- Trump has promised to carry out the "biggest deportation operation in the history of our country"
- New York congresswoman Elise Stefanik got the nod for UN ambassador, while Stephen Miller might serve as deputy chief of staff
Geostrategy
Saudi Crown Prince says Israel must not attack Iran, expresses shock over war crimes in Gaza
Indicating improving ties between the two major powerhouses in the Middle East, Crown Prince Mohammed bin Salman urged international community...
- International community should oblige Israel "to respect the sovereignty of the sisterly Islamic Republic of Iran.."
- Riyadh and Tehran are warming their relationship, and this is a very different regional environment, says expert.
Geostrategy
Saudi crown prince demands Gaza, Lebanon ceasefires at Arab summit
Prince Salman also called on Israel not to attack Iran, highlighting improving ties between Saudi Arabia and its former regional...
- Prince Mohammed bin Salman said the international community must "immediately halt the Israeli actions against our brothers in Palestine and Lebanon".
- A draft resolution for the summit stresses "firm support" for "national rights" for the Palestinian people, "foremost among which is their right to freedom".
