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Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

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.

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.

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

Latest News

‘Something is rotten’: Apple’s AI strategy faces doubts

New York, United States - Has Apple, the biggest company in the world, bungled its generative artificial intelligence strategy? Doubts...

Hamas says agrees to new Gaza truce proposal received from mediators but warns its weapons a ‘red line’

The talks in Doha started a day after Israeli Prime Minister Benjamin Netanyahu threatened to seize parts of Gaza if...

Saudi marks Eid al-Fitr today, other Mideast states on Monday

Saudi Arabia and some other Gulf Arab states are to celebrate the Eid al-Fitr holiday from Sunday but other Middle...

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Film stars blast Academy for ‘failing to defend’ Palestinian filmmaker

Los Angeles, United States - Movie stars including Joaquin Phoenix, Penelope Cruz and Richard Gere have blasted the Academy of...
  • Hamdan Ballal co-directed "No Other Land," which won best documentary at this year's Academy Awards
  • Unlike multiple other prominent filmmaker groups, the US-based Academy initially did not issue a statement

Goldwind 2024 revenue up 12.5%

The clean energy giant posted $7.8bn in revenue for 2024.
  • Net profit last year also saw growth, rising nearly 40 percent percent to 1.9 billion yuan.
  • China now dominates the global wind sector in terms of total installed capacity, aided over the years by generous strategic subsidies from Beijing.

Pro-Palestine rallies held in many countries on Quds Day

Quds (Jerusalem) Day commemorations were launched in 1979 by Ayatollah Ruhollah Khomeini, the founder of the Islamic republic, which has...
  • Crowds gathered in the streets of Tehran after supreme leader Ayatollah Ali Khamenei urged the Iranian people to protest against "the enemies' tricks".
  • Thousands also gathered in the Yemeni capital Sanaa in demonstrations described by the rebels' TV channel as "the largest in the Arab Islamic world".