Russia cautious on Armenia-Azerbaijan deal, Iran reject border corridor
Russia cautiously welcomed a US-brokered draft deal between Armenia and Azerbaijan on Saturday, but Moscow's regional ally Iran rejected the...
Geostrategy
Armenia and Azerbaijan commit to a lasting peace after decades of conflict at summit with Trump
The two former Soviet republics "are committing to stop all fighting forever, open up commerce, travel and diplomatic relations and...
Geostrategy
A fifth of new cars in California zero-emission in 2022: data
On Friday the California Energy Commission said 18.8 percent of new cars sold in the state in 2022 were EVs,...
- Last year officials set ambitious targets for boosting the number of electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs) on the roads
- The California Air Resources Board announced in August the sale of new gasoline and diesel-powered cars would be eliminated by 2035
Business
Tesla CEO Elon Musk takes stand in California fraud trial
San Francisco, United States--Tesla CEO Elon Musk took the stand in a California fraud trial on Friday, accused of lying in...
- Elon Musk was called to testify by lawyers for angry investors who accuse him of costing them millions of dollars in 2018 with untrue tweets
- Testimonies in the trial opened Wednesday with a lawyer for the upset investors telling jurors Musk lied about having funding in place
Geostrategy
Polisario re-elects leader in first vote since Morocco truce ended
Despite recent health problems, Ghali, who has held the position since 2016, had been widely expected to get re-elected as...
- Brahim Ghali, 73, was elected to a new three-year term with 69 percent of the votes of delegates to 31 percent for his challenger Bechir Moustafa
- The Western Sahara dispute dates back to 1975, when colonial ruler Spain withdrew from the territory, sparking a 15-year war between the Polisario and Morocco
Economy
Investigators from Europe to quiz Lebanon central bank chief
Continuing with their probe into Lebanon's money laundering and embezzlement, investigators from Europe will question Lebanon's central bank chief Riad...
- The central bank chief is widely blamed for monetary policies that contributed to an unprecedented economic crisis in Lebanon
- The investigators on Friday heard former interior minister Raya El Hassan, who also chairs the board of directors of Lebanese lender Bankmed
Business
RIL posts Q3 profit of US$1.9b
Profit is 15 percent lower than in the same period last year
- Revenue from operations at India's largest company by market capitalisation rose 15 percent year on year, to US$27 billion
- Reliance's board also approved a plan to issue bonds to raise up to US$2.4 billion (200 billion rupees) to fuel further expansion across its diversified businesses.
Geostrategy
Saudi will not normalize ties with Israel without two-state solution
The comments by Prince Faisal bin Farhan Al Saud on the sidelines of the World Economic Forum in Davos came as...
- Saudi Arabia is a close partner of the US but has repeatedly refused to normalize ties with US-ally Israel due to its occupation of Palestinian territories.
- The West Bank and the Gaza Strip plus Israeli-annexed east Jerusalem were long touted as the basis of a Palestinian state in a "two-state" solution.
Geostrategy
EU to expand sanctions on Iran over protest crackdown
The EU will impose new sanctions on 37 Iranian officials and organizations over the crackdown on protests, but is still...
- Demonstrations have swept Iran since the September 16 death of Iranian Kurdish woman Mahsa Amini, 22, after her arrest in Tehran.
- Iran has arrested at least 14,000 people in the wave of protests, according to the United Nations.
Business
Google announces 12,000 job cuts globally, cites changing economic reality
Google's parent company Alphabet announced about 12,000 job cuts globally citing a changing "economic reality", becoming the latest US tech...
- Google's parent company Alphabet employed nearly 187,000 workers worldwide at the end of September 2022.
- Alphabet CEO Sundar Pichai said American employees have already been notified about the cuts.
Geostrategy
Lebanese MPs sleep in parliament to press for end to impasse
"We slept here, and we hope that today will bring new hope to Lebanon," said lawmaker Najat Saliba in a video...
- Lebanon has been without a head of state since Michel Aoun left office at the end of October, while the government is operating in a caretaker capacity.
- Dozens of activists gathered near parliament on Thursday evening to show their support, and another rally was expected later Friday.
Ronaldo punched but scores twice in Saudi reunion with Messi
Hundreds of millions of euros worth of footballers were on view for the exhibition game in the Saudi capital, which...
- For Qatar-owned PSG, Messi and Kylian Mbappe both scored and Neymar missed a penalty before they withdrew on the hour-mark alongside Ronaldo
- Ronaldo, 37, was decked by PSG 'keeper Keylor Navas's flailing fist but he drilled the resulting penalty and then added another in a 5-4 exhibition defeat
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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
Russia cautious on Armenia-Azerbaijan deal, Iran reject border corridor
Russia cautiously welcomed a US-brokered draft deal between Armenia and Azerbaijan on Saturday, but Moscow's regional ally Iran rejected the...
Geostrategy
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Iraq to import electricity from Turkey for northern provinces
Baghdad, Iraq -- Iraq said Sunday a new power line will bring electricity from Turkey to its northern provinces as authorities...
Geostrategy
Israel strikes key Yemen port after Tel Aviv attack
Prime Minister Benjamin Netanyahu warned "anyone who harms us will pay a very heavy price", after Friday's drone attack in...
Moonlit scramble across the sand for Turkey’s booming baby turtle population
Manavgat, Turkey - The baby loggerhead sea turtles emerged from their eggshells and began their first challenge in life: a wobbly...
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Geostrategy
Palestinians hail ICJ ruling calling Israeli occupation illegal
Jerusalem: The Palestinian leadership hailed as "historic" Friday a ruling by the top UN court that Israel's occupation of the...
- The office of Palestinian president Mahmud Abbas said it welcomed the "historic decision and demands that Israel be compelled to implement it."
- The Hague-based court found that Israel was "under an obligation to cease immediately all new settlement activities and to evacuate all settlers" from occupied land.
Geostrategy
Antivirus update sparks global tech chaos: Flights, banks hit
Air passengers crowded into airports to wait for news as dozens of flights were cancelled and operators struggled to keep...
- Reports from the Netherlands and Britain suggested health services may have been affected by the disruption, meaning the full impact might not yet be known.
- Banks in Kenya and Ukraine reported issues with their digital services, supermarkets in Australia had problems with payments.
Geostrategy
Yemen Houthis claim responsibility for drone attack on Tel Aviv
A statement from the rebels, who have carried out dozens of attacks against Red Sea shipping in what they say...
- Israeli emergency services say the explosion left one person dead and up to 10 lightly injured
- The US intercepted a ballistic missile and three drones launched by the Houthis at Israel on Friday night