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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Israel PM accuses security chief of investigating minister without his consent

Prime Minister Benjamin Netanyahu on Monday accused Israel's internal security chief, whose dismissal was blocked by the supreme court, of...
  • "The claim that the prime minister authorised Shin Bet chief Ronen Bar to gather evidence against Minister Ben Gvir is yet another exposed lie," Netanyahu said
  • He was responding to a report that Bar's agency had spent months investigating far-right infiltration of the police and its links to Ben Gvir

Trump pushes for Ukraine peace as US, Russian officials hold ceasefire talks in Saudi Arabia

US President Donald Trump is pushing for a rapid end to the three-year war and hopes talks in Riyadh could...
  • US President Donald Trump is pushing for a rapid end to the three-year war and hopes talks in Riyadh could pave the way for a breakthrough
  • Both sides have proposed different plans for temporary ceasefires, but cross-border attacks have meanwhile continued unabated

Israel presses ground offensive in Gaza, encircles part of Rafah city

Israel's military pressed ground operations across the Gaza Strip on Sunday, encircling part of Rafah city near Egypt almost a...
  • Israeli troops on Sunday encircled Tal al-Sultan in Rafah, the military said in a statement, adding its objective was to dismantle terrorist infrastructure
  • Three weeks ago Israel blocked the entry of humanitarian aid into Gaza and cut electricity in a bid to force Hamas to accept the Israeli terms for an extension of the truce

Turkey braces for fourth night of protest as mayor arrives in court

Turkey was headed for a fourth straight night of protests late Saturday, as the biggest street unrest the country has...
  • As the crowds began massing outside Istanbul City Hall, a convoy carrying the 53-year-old mayor arrived at Caglayan court on the other side of the city
  • He was arrested on Wednesday, just days before he was to be formally named the main opposition CHP's candidate for the 2028 presidential race

Tens of thousands in France protest against racism and far-right

Tens of thousands of people in Paris and other French cities on Saturday rallied against racism and the rise of...
  • The rallies took place amid the rightward shift in French politics, with the government pledging to tighten immigration policies and border controls
  • In the runup to the rallies the LFI party caused an uproar in France by publishing the image of Cyril Hanouna, one of the most influential stars of right-wing media

Israel conducts deadly strikes on Lebanon after ‘cross-border rocket fire’ denied by Hezbollah

Israeli defence chiefs said they held the Lebanese government responsible for all hostile fire from its territory regardless of who...
  • Lebanon's official National News Agency reported one girl among two killed in an Israeli strike on the southern town of Touline
  • The Israeli army said six rockets, three of which were intercepted, were fired from Lebanon into northern Israel

Fatah urges Hamas to cede power to safeguard ‘Palestinians’ existence’

Gaza City, Palestinian Territories -- Palestinian president Mahmud Abbas's Fatah movement called on Hamas on Saturday to relinquish power in...
  • "Hamas must show compassion for Gaza, its children, women and men," Fatah spokesman Monther al-Hayek said in a message sent to AFP from Gaza.
  • Hamas seized power in Gaza in 2007 from the Fatah-dominated Palestinian Authority, and subsequent attempts at reconciliation have failed.

Russia hopes for ‘progress’ at upcoming Saudi talks: negotiator

Moscow has rejected a joint US-Ukraine proposal of a full and unconditional 30-day ceasefire, instead suggesting just to halt aerial...
  • US negotiators will meet separately with Ukrainian and Russian delegations in Riyadh, in what US envoy Keith Kellogg described as "shuttle diplomacy" between hotel rooms.
  • Despite the flurry of diplomacy and push from US President Donald Trump, a breakthrough has so far proved elusive.

Istanbul Bar Association board dismissed over ‘terror propaganda’

The Istanbul Bar Association's executive board was dismissed Friday on grounds of "terrorist propaganda" and "publicly spreading false information", according...
  • The Turkish military insists it never targets civilians but only terror groups
  • The bar association issued a statement saying "targeting members of the press in conflict zones

Israel defence minister threatens to annex parts of Gaza unless Hamas frees the remaining Israeli hostages

The warning came as Israel stepped up the renewed assault it launched on Tuesday, shattering the relative calm that had...
  • Gaza's civil defence agency said Israeli strikes killed 11 people on Friday -- three in pre-dawn strikes and eight more during the daytime
  • Should Hamas not comply, Katz also threatened to expand buffer zones around Gaza to protect Israeli civilian population areas

UN watchdog chief says Iran ‘not far’ from nuclear bomb

The United Nations nuclear watchdog chief Rafael Grossi warned on Wednesday that Iran was "not far" from possessing a nuclear...

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UN shipping body approves first global carbon pricing system

From 2028, all ships will be required to use a less carbon-intensive fuel mix, or face financial penalties -- but...

In skies, as on land, European forces face gaps if US pulls back

Leeuwarden, Netherlands - Fighter jets from the United States, France, Finland and Germany roar into the skies from a Dutch...

Bridges in the Gulf: wealthy states mediate crisis after crisis

Dubai, United Arab Emirates - When US and Iranian negotiators meet in Oman on Saturday they will be just the...

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European Union and UAE agree to launch trade deal negotiations

Emirati President Mohammed bin Zayed Al Nahyan "and I just decided to launch negotiations on an EU-UAE free trade agreement,"...
  • Sheikh Zayed said that the CEPA would create new avenues for cooperation between the UAE and EU, increase trade and investment flows.
  • The EU is the UAE’s second-largest trading partner, accounting for 8.3 percent of the UAE’s total non-oil trade, which hit $67.6 billion in 2024.

Turkey opposition to fight Erdogan ‘until the end’: leader tells AFP

The Turkish opposition will fight "until the end" against President Recep Tayyip Erdogan, the leader of the opposition CHP party...
  • Republican People's Party (CHP) leader Ozgur Ozel demanded snap polls that would show the "biggest no confidence vote in history" against Erdogan
  • Imamoglu's arrest sparked the biggest opposition protests to grip Turkey since 2013 although the rallies have dipped in intensity over the past 10 days

US reiterates support for Morocco on Western Sahara

Secretary of State Marco Rubio on Tuesday renewed US support for Morocco's sovereignty and political plan for Western Sahara, a...
  • Trump, during his first term in office, in 2020 recognized Morocco's claim to the vast desert territory after the kingdom normalized relations with Israel
  • Morocco mostly controls the former Spanish colony but has been challenged for decades by the Algeria-backed Polisario Front