Trump announces ‘massive’ Japan trade deal including 15% tariff
US President Donald Trump announced Tuesday a "massive" trade deal with Japan, cutting a threatened 25-percent tariff to 15 percent...
Economy
Humans beat AI gold-level score at top maths contest
Sydney, Australia -- Humans beat generative AI models made by Google and OpenAI at a top international mathematics competition, despite...
Geostrategy
Economy
Anger rife as Lebanese banks reopen after weeklong closure
Depositors scuffled and long lines formed at Lebanese banks Monday as they partially re-opened after a week-long closure following a...
- Banks started imposing draconian restrictions on withdrawals after Lebanon's economy collapsed in 2019.
- Since then, the Lebanese pound has lost more than 90 percent of its market value meaning public sector salaries have slumped to as low as $40 a month.
Arts & Culture
Deeply divisive Monroe biopic ‘Blonde’ hits Netflix
While there is almost universal praise for the visceral lead performance by Ana de Armas, critics cannot agree whether the...
- While there is almost universal praise for the visceral lead performance by Ana de Armas, critics cannot agree whether the nearly three-hour film is an artistic tour de force
- For ID magazine, "Blonde" is "guttural, instinctive, anguished filmmaking that bends space, time, and every cinematic tool at its disposal in service of attaining emotional truth."
Business
Porsche, luxury carmaker with storied history
The Porsche-Piech family are the main shareholders of the Volkswagen group, and have roots in Germany's auto industry stretching back...
- Porsche made waves at the Frankfurt international motor show in 1963 when it unveiled a new car with a six-cylinder engine
- Volkswagen, the parent company of Porsche, has launched a well-publicised drive to dump combustion engines
Business
Netflix and Disney+ to launch ad-supported subscription
Netflix and Disney+ will launch an ad-supported subscription in the coming weeks thus biting into the revenue of traditional television...
- Netflix is expected to launch an ad-supported subscription tier in early November, about a month before rival Disney+ does the same
- Disney+ will transition its existing $7.99-per-month subscription tier to the ad-supported version, and the ad-free option will go for $10.99
Economy
Pound hits record low against dollar on recession fears
Continuing with its slide against the dollar, the pound hit a record low on fears about the UK economy after...
- The pound fell below $1.10 for the first time since 1985 as new finance minister Kwasi Kwarteng announced his controversial mini-budget
- The collapse in sterling came as markets across the world are sent into a spin by recession worries caused by a sharp tightening of monetary policy
Geostrategy
US warns Russia of ‘castastrophic’ consequences of nuclear strike
Russia and the United States are the world's largest nuclear weapons powers, but separate from the threats of planetary destruction,...
- Secretary of State Antony Blinken, in an interview broadcast Sunday, confirmed reports that the United States has sent private warnings to Russia to steer clear of nuclear war
- No country has used nuclear weapons on the battlefield except the United States in 1945, when it destroyed the Japanese cities of Hiroshima and Nagasaki
Business
German chancellor says Qatar rights improving
Applauding Qatar's rights record, Germany's Chancellor Olaf Scholz said that the gas-rich country has made progress on "questions that have...
- Qatar says that much of the criticism is unfair and that major reforms have changed conditions for hundreds of thousands of migrant workers
- German supporters' groups have criticized Qatar but the national football federation has rejected calls to boycott the event, pointing to reforms carried out in the past few years
Geostrategy
Iran vows decisive action on wave of women led protests
Hundreds of demonstrators, reformist activists and journalists have been arrested amid the mostly night-time demonstrations that have spread to scores...
- The warning by the head of the Judiciary, Gholamhossein Mohseni Ejei, came after nine nights of protests and street clashes.
- The judiciary chief has "emphasized the need for decisive action without leniency" against the core instigators of the "riots".
Business
Ford’s electric drive reinvents its historic factory
The manufacturing operation's prime mission in recent times has been to assemble the best-selling F-150, a gasoline-powered vehicle.
- The truck plant churns out a new pickup truck every 53 seconds in a well-oiled process that will continue for the foreseeable future.
- But in September 2020, Ford broke ground on a smaller facility on neighboring land, tasking the new operation with building a battery electric cousin to F-150.
Geostrategy
Foreign mothers struggle in KSA for custody of children
Out of 150,000 marriages registered in 2020 in Saudi Arabia, some 4,500 were unions involving a Saudi and a foreigner,...
- This month Ms Morris received a summons from Saudi prosecutors indicating she was under investigation for "disturbing public order"
- US embassy in Riyadh said it was following Morris's case "very closely" and was "in regular contact with Ms Morris and in touch with the Saudi government"
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Trump announces ‘massive’ Japan trade deal including 15% tariff
US President Donald Trump announced Tuesday a "massive" trade deal with Japan, cutting a threatened 25-percent tariff to 15 percent...
Economy
Company News
Latest News
Blinken says US seeks ‘results’ on Israeli new Gaza aid policy
Brussels, Belgium - US Secretary of State Antony Blinken said on Friday Washington wanted to see "results" showing more aid was...
Geostrategy
Opposition retains majority in Kuwait parliament post elections
Kuwait City, Kuwait - Opposition lawmakers maintained a majority in Kuwait's parliament, results showed Friday, after the Gulf state's third parliamentary...
Geostrategy
Stocks trip and oil surges as Middle East tension grows
The threat of regional war compounded fears that the Federal Reserve would not cut interest rates as much as previously...
Geostrategy
Most Read
Geostrategy
Aid worker killed by Israel felt need to help, parents say
Washington, United States--The father of US-Canadian citizen Jacob Flickinger, one of seven aid workers killed in an Israeli strike earlier this...
- The father of US-Canadian citizen Jacob Flickinger said his son was hesitant to go to the Gaza Strip but had felt a need to help
- The aid workers had just unloaded supplies at a warehouse in central Gaza when Israeli warplanes fired a missile into their vehicle
Business
Samsung expects 10-fold jump in Q1 profit
It expects operating profits to jump to US$4.89bn.
- The company expects January-March operating profits to climb 931.3 percent to $4.89 billion
- The South Korean firm is expected to release its final earnings report at the end of this month
Geostrategy
Iran supreme leader prays over bodies of slain Guards
Tehran, Iran--Iran's supreme leader Ayatollah Ali Khamenei mourned Thursday the seven Revolutionary Guards killed in a strike in Syria, which...
- The Supreme leader, flanked by top military brass, took part in a ceremony in the capital Tehran during which he led prayers for the dead
- Khamenei said on Tuesday that Israel will be punished at the hands of "our brave men who will make them regret this crime and the other ones"