Trump says any ‘credible’ Epstein files should be released
President Donald Trump said Tuesday the US Justice Department should release all "credible" information from its probe into notorious sex...
Geostrategy
WTO head ‘less optimistic’ for world trade due to Red Sea strikes
World Economic Forum
Lavrov meets Xi in Beijing: Russian foreign ministry
Foreign Minister Sergei Lavrov met with China's leader Xi Jinping in Beijing on Tuesday, Moscow said, as the top Russian...
Geostrategy
Geostrategy
New buyer sought for first grain to leave Ukraine under deal
The Sierra Leone-flagged vessel Razoni left the Ukrainian port of Odessa on August 1 carrying 26,000 tons of maize.
- The Sierra Leone-flagged vessel Razoni left the Ukrainian port of Odessa on August 1 carrying 26,000 tons of maize
- Another ship docked in Turkey Monday with a cargo of 12,000 tons of Ukrainian maize, becoming the first to reach its destination
Business
Deliveroo to exit Netherlands on back of surging losses
A planned exit from the Netherlands towards the end of November follows Deliveroo's departure from Spain last year, although the...
- Revenue grew 12 percent to £1 billion despite easing Covid curbs and controversy over treatment of its riders
- In early London trading following Wednesday's earnings update, Deliveroo's share price rose 0.8 percent at 92 pence
Economy
Global stock markets retreat on eve of US inflation data
If the official consumer price data Wednesday come in above analysts' forecasts, the markets could see a sharp sell-off, analysts...
- Federal Reserve officials in recent days have stressed that more hikes are coming to tame soaring inflation
- Oil prices reversed some of the prior day's gains and remain around six-month lows as recession fears mount
Business
Elon Musk sells about $7bn worth of Tesla shares
Amid a high-stakes court battle with Twitter over a $44 billion buyout deal, Elon Musk has sold nearly $7 billion...
- According to filings published on the Securities and Exchange Commission's website, the Tesla boss sold some 7.9 million shares between August 5 and 9
- Twitter has been engaged in a legal battle with the mercurial Tesla boss over his effort to walk away from the April agreement to buy the company
Geostrategy
Turkish drone strike kills 4 in northeast Syria
Ankara has launched successive military offensives in Syria. Most have targeted Kurdish militants that Ankara links to a group waging...
- Syrian Observatory for Human Rights said the attack killed four people all affiliated with the administration
- The Kurdish-led Syrian Democratic Forces has counted at least 13 of its members killed in several Turkish attacks since July 19
Geostrategy
Tunisia police disruption of comedy show sets off row
The interruption of a comedian’s show by Tunisian police officers has sparked off a new controversy over whether it signaled...
- The comedian called on the crowd to act as witnesses to the "hostile" behavior of "three police officers" whom he accused of throwing water bottles at him
- Bassem Trifi, a lawyer and human rights activist, said the police officers' move had set a "dangerous precedent", warning such intervention was the sign of a "police state"
Business
Micron to invest in chip production
The firm will invest $40bn by the end of the decade.
- There has been a global shortage of computer chips in recent months caused by production and transportation snags.
- The spending on US production is part of the company's planned $150 billion global investment in manufacturing.
Geostrategy
Two teens among four Palestinians killed by Israeli forces in West Bank
The latest attack comes two days after a truce halted deadly conflict between the Israeli military and Islamic Jihad militants...
- The Palestinian Red Crescent Society said its medics treated 69 people for gunshot wounds across the Nablus area, at least four of them in critical condition.
- An Egypt-brokered ceasefire reached Sunday ended three days of intense fighting that killed 46 Palestinians, 16 of them children, and wounded 360.
Business
IHG H1 profits surge to $216mn
IHG said it would resume its interim dividend
- InterContinental Hotels Group said that profits rose sharply in the first half after Covid travel restrictions were lifted around the world
- IHG, which also owns brands such as Crowne Plaza and Holiday Inn, said that first-half revenues jumped by 52 percent to $1.8 billion.
Geostrategy
EU asks Tehran, Washington to decide ‘very quickly’ on Iran deal
There is no more space for negotiations. We have a final text. So it's the moment for a decision: yes...
- Britain, China, France, Germany, Iran and Russia, as well as the United States indirectly, resumed talks on the issue last week, after a months-long hiatus.
- The 2015 accord gave Iran sanctions relief in exchange for curbs on its atomic programme to guarantee Tehran could not develop a nuclear weapon.
Most Read
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
Trump says any ‘credible’ Epstein files should be released
President Donald Trump said Tuesday the US Justice Department should release all "credible" information from its probe into notorious sex...
Geostrategy
Company News
WTO head ‘less optimistic’ for world trade due to Red Sea strikes
World Economic Forum
Latest News
Women’s health gap costs US$1trn worldwide: report
World Economic Forum
Israeli minister calls UN ‘anti-Israeli’ as Guterres visits Gaza border
JERUSALEM - Israel's foreign minister said on Saturday the United Nations had become an "anti-Israeli body" under Antonio Guterres, after...
Geostrategy
Putin vows retribution on Moscow concert hall attacks, as toll rises
Russian President Vladimir Putin vowed to punish those behind a "barbaric terrorist attack" on a Moscow concert hall that killed...
Geostrategy
Nike’s long international struggle with Adidas
German newspapers reported that the American sports equipment giant overcame their rival's home advantage with a bid of around 100...
Most Read
UN Security Council vote on new Gaza ceasefire text postponed to Monday
Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and...
- The new, tougher draft resolution, seen by AFP, "demands an immediate ceasefire" for the ongoing Muslim holy month of Ramadan that leads "to a permanent sustainable ceasefire"
- Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and unconditional" release of hostages seized by Hamas
Business
Nasdaq edges to record
The Dow Jones Industrial Average dropped 0.8 percent.
- All three indices finished at records the last two days, on the back of Wednesday's Federal Reserve meeting
- The Dow Jones Industrial Average dropped 0.8 percent to 39,475.90, retreating from a serious drive at the 40,000-point level
UN chief to visit Gaza border as Israel vows to go ahead with Rafah attack
On Saturday, UN chief Guterres plans to meet with aid workers on the Egyptian side of Rafah, just across the...
- During his visit, Guterres plans to reiterate his call for ceasefire, though international pressure has so far failed to dissuade Israel from the planned ground offensive in Rafah
- Despite warnings that such an invasion would cause mass civilian casualties and worsen the humanitarian crisis, Netanyahu said he must press ahead with the attack