Israeli bulldozers uproot hundreds of trees in West Bank village, most of them olive trees
"The goal is control and forcing people to leave. This is just the beginning -- it will expand across the...
Economy
Indonesian child’s viral fame draws tourists to boat race
Pekanbaru, Indonesia -- Armed with colourful oars, rowers pack into long boats in western Indonesia, paddling furiously in front of...
Arts & Culture
Market Report
Stock markets slip on auto woes, economy fears
Global equities mostly slid on auto sector woes and economic fears about the prospect of more interest rate hikes aimed...
- The dollar fell against its main rivals and crude oil tanked more than two percent.
- Europe's main equity markets were mostly lower after a mixed session in Asia.
Business
Nokia Q1 earnings down
Nokia's share price was down seven percent at $4.35.
- Nokia's earnings per share amounted to six cents, weaker than the seven cents expected in a survey of analysts by financial data firm FactSet.
- Despite the mixed results, Nokia remains on track to "deliver another year of growth in 2023," said an official.
Geostrategy
Palestinians and Israelis share iftar in West Bank to ‘end hatred’
"(We're a) group of people that wants to end the situation of violence and the hatred between members of the...
- The iftar meal is a rare attempt at cross-community dialogue amid a spike in violence in the Palestinian territory.
- Among around 50 guests were an Israeli paratrooper in uniform, an extreme-right Jewish activist and left-wing Israelis.
Geostrategy
US denies Iranian claims of forcing its submarine to surface
TEHRAN, IRAN- Iran said on Thursday it had "forced" a US submarine to surface as it was crossing the strategic Strait...
- The submarine was "approaching and passing in complete silence" when it partly entered Iranian waters, said an Irani official
- An Iranian submarine then forced it to "surface and cross the strait", he said, adding that Tehran would raise the matter with "international authorities"
Science
EU uncertain over biodiversity protection despite okaying climate change laws
STOCKHOLM, SWEDEN - EU lawmakers this week adopted new laws boosting Europe's climate change fight, but a parallel drive to protect...
- Negotiations between the European Commission, EU member states and the European Parliament on the issue have run into difficulty over the details.
- Scandinavian countries are worried about forestry sector, while others believe the scope of the text proposed by the commission goes too far.
Geostrategy
Baghdad security chief fired after Iraqi cleric flees jail
Baghdad, Iraq -- Iraq's premier sacked Thursday a security chief in Baghdad, his office said in a statement, after a...
- Saad Qambash, once head of Iraq's Sunni Waqf, the state body overseeing religious and civilian properties for Sunni Muslims, was jailed for four years earlier this month for fraud.
- Prime Minister Mohamed Shia al-Sudani also ordered the closure of the detention facility in the capital's Green Zone from which the senior cleric fled on Tuesday night.
Science
SpaceX Starship, world’s biggest rocket, explodes during first flight test
Starship, the most powerful rocket ever built, exploded during its first flight, but Elon Musk congratulated his SpaceX team on...
- The Starship spacecraft that will eventually carry crew and cargo had been scheduled to separate from the first-stage rocket booster three minutes into the flight.
- Despite the failure to complete the full 90-minute flight test and reach orbit, SpaceX and Musk, the founder and CEO of the private space company, declared it a success.
Economy
EU parliament approves sweeping cryptocurrency rules
The European Parliament approved the comprehensive rules to regulate the "Wild West" world of cryptocurrencies, hoping to protect investors against...
- Under the regulation known as Markets in Crypto Assets (MiCA), cryptoasset service providers (CASPs) must protect customers' digital wallets.
- Large providers will also have to disclose their energy consumption as part of the EU's efforts to reduce cryptocurrencies' high carbon footprint.
Science
Pacific solar eclipse dazzles stargazers
Parts of Australia, Indonesia and East Timor were plunged into daytime darkness, delighting curious onlookers. On Australia's northwest tip, the...
- While fun and perhaps moving for spectators, the eclipse gave scientists a chance to observe the sun's corona, which is usually obscured by its bright rays.
- The stargazers observed the rare phenomenon by using anti-UV glasses distributed by astronomy groups, while others lined up to use telescopes provided by a university.
Geostrategy
US denounces ‘troubling escalation’ of opposition arrests in Tunisia
Condemning the arrests of political opponents in Tunisia, the US government on Wednesday said that respect for freedom of expression...
- More than 20 political critics and personalities have been arrested in the North African country since early February
- The country whose many citizens have been attempting to run to Europe is heavily indebted and facing high inflation and unemployment
Most Read
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
Israeli bulldozers uproot hundreds of trees in West Bank village, most of them olive trees
"The goal is control and forcing people to leave. This is just the beginning -- it will expand across the...
Economy
Company News
Latest News
Troubled Boeing faces investors and awaits strike vote
Boeing, the beleaguered aviation giant announces what is expected to be its biggest quarterly loss in four years, and striking...
Business
Updates: Israel confirms killing of Hezbollah leader’s successor as Blinken presses for Gaza truce
US Secretary of State Antony Blinken urged Israel to reach a ceasefire in Gaza, while Israeli airstrikes continued targeting Hezbollah's...
IMF predicts slightly slower global growth in 2024 and 2025
In its new World Economic Outlook (WEO) report, the International Monetary Fund also estimates that global inflation will continue to...
Economy
Most Read
Wealthy Israelis offer rewards for release of Gaza hostages
Jerusalem, Undefined - Frustrated with the dwindling prospect of reaching a ceasefire deal in the year-long Gaza war, some Israeli entrepreneurs...
- Former SodaStream CEO Daniel Birnbaum said he received about 100 calls after offering $100,000 in cash or bitcoin for the safe delivery of a living Israeli prisoner from Gaza
- Birnbaum said most of the calls are pranks, threats or curses, but "10 to 20 could be legitimate" and were transferred to Israeli authorities for further verification
Science
Microsoft unveils autonomous AI agents for business tasks
San Francisco, United States - Microsoft on Monday said it was enhancing its AI offerings with new autonomous agent capabilities as...
- AI agents are specialized programs designed to perform routine tasks autonomously, such as sifting through sales leads or handling customer service inquiries
- The AI agent has become the newest buzzword for major software companies that are investing billions in powerful AI models, which they believe will shape the future of computing
Geostrategy
Updates: Israel hits more targets in Lebanon as Blinken travels to Middle East to push for truce
Lebanon says four people were killed including a child in the latest Israeli strikes as Tehran says the United States...
- Four people including a child had been killed on Monday evening in Israeli strikes near the Lebanon's biggest public hospital
- Bahrain's King Hamad bin Isa Al Khalifa discuss bilateral cooperation with Iranian Foreign Minister Abbas Araghchi in Manama