Iran says no nuclear talks if US insists it stop uranium enrichment
Washington and Tehran had been engaged in several rounds of negotiations seeking to strike a deal on the Islamic Republic's...
Geostrategy
Trump’s state visit to Britain set for September 17 to 19: palace
US President Donald Trump's second state visit to the United Kingdom will be between September 17 to 19, Buckingham Palace...
Geostrategy
Geostrategy
China hits Taiwan with fresh trade curbs as Pelosi visits
The trip by Pelosi, who is second in line to the presidency and the highest-profile elected US official to visit...
- The trip by Pelosi, who is second in line to the presidency and the highest-profile elected US official to visit Taiwan in 25 years, has ignited a diplomatic firestorm
- China's Customs Administration said Wednesday it would suspend some citrus fruits and fish imports from Taiwan
Geostrategy
OPEC+ to discuss its output strategy after Biden’s Saudi visit
After cutting production in 2020 in response to falling prices during the Covid pandemic, OPEC+ began to modestly raise production...
- Craig Erlam, analyst at OANDA trading platform, said the OPEC+ meeting will show whether "President Biden has any influence in the cartel at all."
- Biden made a controversial trip to Saudi Arabia in July in part to convince the kingdom to loosen the production taps to stabilise the market and curb rampant inflation
Geostrategy
Saudi, UAE to receive $5bn worth missile systems from US
Two weeks after US President Joe Biden made the visit to the Middle East, Saudi Arabia and the UAE will...
- The State Department said the value of the missiles and attendant equipment, trainings and parts is $3.05 billion
- The United States will sell THAAD surface-to-air missile systems to the UAE for $2.25 billion
Geostrategy
Lebanon frees ship as stolen grains charge prove false
The prosecutor found that the grain aboard the vessel belonged to a Syrian merchant, the judicial official said.
- Ukraine's embassy in Lebanon had claimed that grain aboard the ship was loaded from a region occupied by Russian forces.
- Investigations failed to prove--Laodicea--which docked in the northern port city of Tripoli last week, carried stolen goods.
Geostrategy
Sadr supporters told to leave parliament, move protest outside
A top official from Iraq's Sadrist movement called Tuesday on followers who have occupied parliament for four days to move...
- Supporters of Sadr -- whose political bloc in October won the largest share of seats in elections -- stormed parliament on Saturday to protest against a rival faction's pick for PM
- Nearly 10 months on from the elections, the oil-rich country still has no government and no new prime minister or president.
Geostrategy
Iran hits out at US for sanctions against oil trade
The sanctions block any assets the entities own under US jurisdiction and ban US persons or entities from doing business...
- The US government blacklisted six companies Monday that it said helped Iran export petrochemicals to East Asia.
- Three Hong Kong-based trading companies and one United Arab Emirates firm were hit with US Treasury sanctions.
Geostrategy
Ebrahim Raisi to attend UNGA session despite US sanctions
The USA has alleged Ebrahim Raisi was involved in mass execution of detained leftists in 1988 while he was chief...
- Raisi has been under US sanctions since November 2019 for "complicity in serious human rights violations."
- Washington accuses Ebrahim Raisi of playing a leading role in mass executions of detained leftists in 1988.
Geostrategy
UN experts slam Israel for harassment of rights defenders
The special rapporteurs insisted such harassment must stop, and said residents of Masafer Yatta continue to be threatened by the...
- The case of Masafer Yatta -- or Firing Zone 918 -- an agricultural area near Hebron, has been one of Israel's longest running legal battles.
- In the early 1980s the army declared the 30-square-kilometre territory a restricted military area and claimed it was uninhabited.
Business
Uber posts Q2 loss of $2.6bn
Uber revenue more than doubled to $8.1 billion in Q2. Uber reported better-than-expected revenue in Q2, fueled by strong demand...
- Uber reported better-than-expected revenue in Q2, fueled by strong demand for the San Francisco-based company's ride-hailing and food delivery services
- Revenue more than doubled to $8.1 billion in the three months through June -- a 105 percent increase
Business
BP sees its profit triple to $9.3bn on back of high energy prices
British oil giant BP returned to profit in the second quarter on the back of soaring energy prices, following a...
- BP is the latest energy firm to post bumper earnings as oil and gas prices have soared following Russia's invasion of Ukraine
- BP said in its earnings statement that it expects oil prices "to remain elevated in the third quarter due to ongoing disruption to Russian supply
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Iran says no nuclear talks if US insists it stop uranium enrichment
Washington and Tehran had been engaged in several rounds of negotiations seeking to strike a deal on the Islamic Republic's...
Geostrategy
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IMF chief at Davos: AI holds risks, opportunity for global economy
World Economic Forum
Israel spy chief to return to Qatar for Gaza truce talks
The Israeli prime minister's office said that Benjamin Netanyahu approved an Israeli delegation led by Mossad head David Barnea to...
Geostrategy
Eurozone business activity stabilizes in March
Brussels, Belgium - Business activity in the eurozone stabilized in March thanks largely to a "modest recovery" in the service sector,...
Economy
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Business
Lamborghini sales up in 2023
The deliveries sped up 9.5 percent to 10,112 vehicles.
- 2023 was the best year ever recorded," the brand said in a press release, with sales up 12.1 percent to US$2.9 billion
- Operating profit reached $785 million, up 17.8 percent, with operating margins widening to 27.2 percent, said Lamborghini
Business
Will sign US$13.7bn deal with Airbus, says Korean Air
SEOUL, SOUTH KOREA – South Korean flag carrier Korean Air said on Thursday it will sign a US$13.7 billion deal with...
- The move comes after the European Union approved the airline's takeover of smaller rival Asiana.
- The deal involves the purchase of 27 A350-1000 and six A350-900 aircraft, Korean Air said.
Geostrategy
Death toll in Israeli attack on West Bank refugee camp rises to 4
"Palestine Red Crescent ambulance teams have just transported an 18-year-old young man who was killed by the Israeli occupation forces...
- Two of the four Palestinians were killed by an air strike and two by live bullets, the Red Crescent said.
- More than 430 Palestinians have been killed in the territory by Israeli troops or settlers since Oct 7.