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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.

Nvidia showcases AI chips as it shrugs off DeepSeek

San Francisco, United States - Nvidia chief Jensen Huang is expected to showcase cutting-edge chips for artificial intelligence (AI) and...
  • Industry watchers expect Huang to spotlight Nvidia's latest Blackwell line of graphics processing units (GPUs), including new updates in the works
  • The AI boom propelled Nvidia stock prices to stratospheric levels until a steep sell-off early this year triggered by the sudden success of DeepSeek

Trump cuts to US-funded media put reporters at risk: RSF

President Donald Trump's dismantling of US-funded international media outlets such as Voice of America could put their journalists at risk,...
  • The Trump administration began mass layoffs Sunday at Voice of America and other US-funded media
  • Trump signed an executive order gutting VOA's parent, the US Agency for Global Media

Webb telescope directly observes exoplanet CO2 for first time

The gas giants are not capable of hosting extraterrestrial life, but do offer clues in a lingering mystery about how...
  • The HR 8799 system, 130 light years from Earth, is only 30 million years old -- just a baby compared to our solar system's 4.6 billion years.
  • A US-led team of researchers used Webb to directly detect carbon dioxide in the atmosphere of all four of the system's known planets, according to the study.

OECD lowers global growth projections over tariffs, uncertainty

"We are navigating troubled waters," said the OECD's chief economist Alvaro Santos Pereira as he summed up the world's economic...
  • While global economic activity remained "resilient" in 2024 with a 3.2 percent increase in GDP, the OECD trimmed back its 2025 projection from 3.3 percent growth to 3.1 percent.
  • That was due to "higher trade barriers in several G20 economies and increased geopolitical and policy uncertainty weighing on investment and household spending".

Mediators push for Gaza ceasefire as Israel, Hamas remain stuck on hostage, withdrawal demands

Hamas has consistently demanded negotiations for the second phase, which would include a permanent end to the war, a complete...
  • During the first phase of the truce agreement, Hamas released 33 hostages, including 8 deceased, and Israel released 1,800 Palestinians
  • Since then, Hamas has consistently demanded negotiations for the second phase, which would include a permanent end to the war

Trump, Putin to discuss Ukraine ceasefire this week

US President Donald Trump and Russian counterpart Vladimir Putin are expected to speak this week, officials said on Sunday, as...
  • The United States this week proposed a halt in fighting in the war after talks in Saudi Arabia, with Kyiv accepting the proposal
  • Putin however has given no clear answer, instead listing a string of conditions and raising "serious questions" over the proposition

US Fed likely to keep rates steady as uncertainty over Trump’s economic policies looms

Since January, Trump has imposed levies on major trading partners Canada, Mexico and China, and on steel and aluminum imports,...
  • The Trump administration has also embarked on unprecedented cost-cutting efforts that target staff and spending, while the president has promised tax reductions and deregulation.
  • But Fed Chair Jerome Powell emphasized this month that it is the "net effect" of policy changes that will matter for both the economy and monetary policy.

China’s Baidu releases new, free AI model to compete with DeepSeek

Baidu announced in a WeChat post that its latest X1 reasoning model -- which the company claims performs similarly to...
  • Baidu also made the models free to use, more than two weeks ahead of schedule. Previously, users had to pay a monthly subscription to access the company's latest AI models.
  • Technology companies in China have been scrambling to release improved AI platforms since start-up DeepSeek shocked its rivals with its open source and highly cost-efficient model

Putin tells Ukraine troops in Russian region to ‘surrender’, amid efforts for a ceasefire

Russia has mounted a rapid counteroffensive in the western border region of Kursk over the past week, recapturing much of...
  • US President Donald Trump urged Putin to spare the lives of the Ukrainian troops as he said his envoy had held "productive" talks with Russia's leader
  • Defeat in Kursk would be a major blow to Ukraine's plans to use its hold on the region as a bargaining chip in peace talks

Gold tops $3,000 for first time on Trump tariff threats

Gold surpassed $3,000 for the first time Friday as US President Donald Trump's trade wars boost the safe-haven asset, while...
  • Gold, a safe haven in times of uncertainty, rose as much as $3,004 an ounce before paring back gains later in the day to trade under $3,000
  • Trump said he would not row back on the metals duties, nor plans for sweeping tariffs on countries worldwide due to kick on April 2

World’s tiniest pacemaker is smaller than grain of rice

Paris, France -- Scientists said Wednesday they have developed the world's tiniest pacemaker, a temporary heartbeat regulator smaller than a...

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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...

Trump says Iran faces ‘bad, bad things’ if no nuclear deal after Tehran responds to a letter from him

"I sent them a letter just recently, and I said: you have to make a decision, one way or the...

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...

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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".

‘My entire life’: Saudi tailor keeps robe-making craft alive

Hofuf, Saudi Arabia - Saudi tailor Habib Mohammed's shop once made ornate, hand-woven cloaks for royals, a time-honoured craft he...
  • He makes "bisht", a long gown which for centuries has been a status symbol, worn by kings and princes -- and ordinary men -- and could take a week of meticulous work to create
  • Now, with cheap Chinese-made robes taking a bite out of his business, 60-year-old tailor is struggling to make a profit, and his only son wouldn't take over the beleaguered shop

Iran says it has responded to Trump’s nuclear talks letter

Iran has sent a response to a letter from US President Donald Trump that called for nuclear talks and warned...
  • US Secretary of State Marco Rubio, asked by reporters on his plane over the Caribbean whether the US has received the letter, said: "I'm not going to comment on that yet."
  • He said that the United States had expected there to be a response and "obviously at that point, the president will decide what steps if he any he wants to take next".