Nestle unveils method to boost cocoa yields as climate change hits
Geneva, Switzerland - Faced with climate change diminishing farmers' yields, Nestle announced Wednesday that it was working on a technique...
Business
Asian markets creep up as investors await key speech
Hong Kong, China - Asian markets edged mostly upward in muted morning trading on Thursday, one day before a key...
Economy
Geostrategy
China announces military drills in Taiwan Strait
In a PLA statement, Senior Colonel Shi Yi, spokesman for the Eastern Theatre Command, said "United Sharp Sword" would involve...
- The People's Liberation Army's Eastern Theatre Command said "United Sharp Sword" would run April 8 to 10 for "combat preparedness."
- The move follows a meeting in California between Taiwan President Tsai Ing-wen and US House Speaker Kevin McCarthy
Geostrategy
Israel mobilizes police, army reserves in latest spike of violence
Following the killing of three people in the West Bank and Tel Aviv, Israel has mobilized police and army reserves...
- In the occupied West Bank on Friday, two British-Israeli sisters were killed and their mother seriously wounded in a shooting attack
- In Tel Aviv, one man was killed and seven people wounded when a car rammed into people sauntering along a cycling path along the seafront
Geostrategy
Tunisia intercepts over 14,000 migrants in January to March 2023
TUNIS, TUNISIA - Tunisia's coastguard said Friday it had intercepted over 14,000 migrants trying to reach Europe from January to March,...
- The figure has risen from 2,532 intercepted in the same period last year, including 1,657 from sub-Saharan Africa.
- Tunisia has long served as a launchpad for people fleeing conflict in countries as far afield as Cameroon and Sudan.
Economy
US hiring eases in March as economy shows signs of cooling
US job gains eased in March for a second straight month, government data showed, adding to signs that the economy...
- The figures could bring some relief to policymakers who have been battling to rein in stubborn inflation.
- To ease demand, the Federal Reserve has lifted the benchmark lending rate nine times since early last year.
Economy
World food prices fall for 12 consecutive months, says UN
World food prices are still high but have fallen by a fifth compared to a year ago when prices soared...
- FAO said the fall in benchmark prices was "driven by declines in world quotations for cereals and vegetable oils."
- The UN agency added that food remained expensive for developing countries highly dependent on imports.
Geostrategy
French foreign minister has rare meeting with Iranian counterpart in China
France's foreign minister has held a rare face-to-face meeting with her Iranian counterpart in China, urging Tehran to release French...
- Foreign minister Amir-Abdollohian was leading the Iranian delegation in separate reconciliation talks in Beijing between Iran and Saudi Arabia.
- Contacts between Iran and European powers have reduced over Tehran's deadly crackdown on the protest movement that erupted in September.
Geostrategy
Lebanon dismantles loaded rocket launcher primed to fire at Israel
On Thursday, the Israeli army said more than 30 rockets had been fired from Lebanese territory into Israel in the...
- Shells hit a field and damaged a house near the Palestinian refuge camp of Rashidiyeh, an area from where rockets were fired at Israel, AFP correspondents said.
- "There are no Hezbollah or Palestinian military positions here. The Israeli are unleashing their anger on banana groves," Mohsen Mortada, a resident of Qlayle, told AFP.
Russia’s Lavrov holds talks in Turkey to extend grain deal
The Russian foreign ministry said Lavrov, who last visited Turkey in June, will discuss the grain deal, which Moscow says...
- Sergei Lavrov joined Turkish Foreign Minister, at a dinner breaking the fast during the Muslim holy month of Ramadan before the pair headed into talks on Friday
- The foreign ministers are due to address a joint news conference at the presidential palace where Lavrov will also meet Turkish President Recep Tayyip Erdogan
World warms to Bridgetown Initiative on climate change ahead of WB, IMF meetings
Experts say developing nations are struggling to find the funds needed to stop burning planet-heating fossil fuels and prepare for...
- The IMF has created a new loan-based Resilience and Sustainability Trust to help poorer or vulnerable countries boost sustainable growth
- The World Bank says it delivered a record $31.7 billion last year to help countries tackle climate change and has started to draft a roadmap for change
Geostrategy
UAE rejects extradition of Gupta brothers, says South Africa
South Africa's Justice Minister Ronald Lamola said the government was notified on Thursday evening of a Dubai court decision not...
- South Africa filed the extradition request in July last year after the two were arrested in Dubai a month earlier.
- The ultra-wealthy brothers ran a sprawling family business empire in South Africa for more than two decades after migrating from India.
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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
Nestle unveils method to boost cocoa yields as climate change hits
Geneva, Switzerland - Faced with climate change diminishing farmers' yields, Nestle announced Wednesday that it was working on a technique...
Business
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Liberty Media buy MotoGP
Business
HRW: Israeli strikes endanger civilians on Lebanon-Syria border
Human Rights Watch said the strikes were "impeding civilians trying to flee and disrupting humanitarian operations", adding: "The situation places...
Geostrategy
Israel marks first anniversary of Hamas’s October 7 attack
Israel began its commemorations Monday of the one-year anniversary of Hamas's deadly October 7 attack, with an outpouring of emotion...
October 7 anniversary: Hamas praises ‘glorious’ moment in its resistance, Netanyahu says ‘we will win’
Hamas called the Palestinian resistance a testament of resilience against Israeli aggression, while Netanyahu reaffirmed Israel's commitment to crush Hamas...
Geostrategy
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Business
Casino operator Wynn wins UAE’s first commercial gaming license
Dubai, United Arab Emirates -- US casino operator Wynn has received the first commercial gaming operator's license to be issued in...
- The license was issued by the General Commercial Gaming Regulatory Authority, which was set up last year to allow for commercial gaming licenses to be issued in the Gulf Arab state
- Wynn operates casinos in Las Vegas and Boston as well as in Macau, a Chinese territory close to Hong Kong.
Geostrategy
Israeli airstrikes escalate in Lebanon as UN and Macron demand urgent ceasefire and de-escalation
As Israeli airstrikes rock Beirut, the UN demands peace and hostages’ release, and Macron criticizes Israel’s military actions, warning against...
- The UN secretary-general denounced Hamas and called for an immediate end to the "shocking violence and bloodshed" in Gaza and Lebanon
- French President Emmanuel Macron called Saturday for a halt on arms deliveries to Israel for use in Gaza, provoking a sharp response from Israeli PM Netanyahu
Geostrategy
Iran FM threatens ‘even stronger’ retaliation to any attack
"Our reaction to any attack by the Zionist regime is completely clear," Foreign Minister Abbas Araghchi told reporters in the...
- He spoke after an Israeli military official told AFP, the army was "preparing a response to the unprecedented and unlawful Iranian attack."
- The conflict has also drawn in Iran's Lebanese ally Hezbollah, and on September 23 Israel sharply intensified its campaign against the militant group