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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.

Trump, Putin agree halt to Ukraine energy attacks but no ceasefire

Donald Trump and Vladimir Putin agreed Tuesday on a halt in Russian attacks against Ukrainian energy targets -- but fell...
  • The US and Russian leaders spoke for more than an hour and a half and both expressed hopes for repairing relations between the countries
  • However, there was no agreement from the Russian president for Washington's proposed full 30-day ceasefire in Russia's invasion of its pro-Western neighbor

Israel pounds Gaza in strikes that rescuers say killed 220, Hamas says Netanyahu torpedoing ceasefire

In a statement, Hamas said "Netanyahu and his extremist government have decided to overturn the ceasefire agreement, exposing the prisoners...
  • An Israeli official told AFP that the operation "will continue as long as necessary, and will expand beyond air strikes."
  • Hamas said Israel had decided "to overturn the ceasefire agreement, exposing the prisoners in Gaza to an unknown fate."

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

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

Hamas says ready to free Israeli-US hostage, remains of 4 others

During the initial six-week phase of the ceasefire, Hamas released 33 hostages, including eight who were deceased, in exchange for...
  • Israel has said it wants to extend the first phase of the ceasefire but Hamas has insisted on talks for the second phase of the deal which the US, Qatar and Egypt had mediated.
  • Israel halted aid flows into Gaza 13 days ago over the truce impasse. At the weekend, it also cut off the electricity supply, which largely halted water desalination in Gaza.

Electric, hybrid and aerial to entirely transform city life: IIT Madras expert

Easier commutes with faster, quieter, and eco-friendly vehicles would reduce travel times significantly and reduce stress for urban residents, says...
  • Large and hugely populous Asian countries like India have abundant sunlight, making solar power a natural fit for supporting EV adoption.
  • The ePlane Company’s air taxis will revolutionize urban transport by offering faster and more efficient ways to move within cities.

Iran says response to Trump’s letter under ‘assessment’

Iran will conduct a "thorough assessment" before responding to US President Donald Trump's letter urging nuclear talks and warning of...
  • The letter - which Trump said was addressed to Iran's supreme leader Ayatollah Ali Khamenei - was delivered to Tehran by the UAE
  • It was not immediately clear if Khamenei, who has the final say in matters of state, had personally received the letter

Egypt, Jordan, Hamas, PLO hail Trump remarks on not ‘expelling’ Palestinians from Gaza

It was not immediately clear whether Trump's comments signalled further backtracking from his widely criticised proposal to take over the...
  • Arab states have already offered a plan to rebuild the Gaza Strip under the future administration of the Palestinian Authority
  • Arab foreign ministers met in Qatar on Wednesday with US Middle East envoy Steve Witkoff to discuss reconstruction for Gaza

How do GCC-Arab leaders look at the region’s future?

The bigger your vision, the bigger your achievement will be. Will you stumble on the way? Perhaps, but we cannot...
  • Together we will continue building a better country, fulfilling our dream of prosperity, says Saudi Crown Prince Mohammed bin Salman.
  • It is vital that the next generation looks for careers in the industries of the future, so is developing the capabilities and opportunities of our youth, says Sarah Al-Amiri

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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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,"...

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...

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...

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Saudi foreign minister in US to prepare for Trump visit

Riyadh, Saudi Arabia -- Saudi Arabia's top diplomat is in Washington to lay the groundwork for US President Donald Trump's...
  • Last month, Trump said he may visit Saudi Arabia as early as April in a reprisal of 2017, when the kingdom was the first destination of his first term in office.
  • Foreign Minister Prince Faisal bin Farhan arrived in Washington on Tuesday, aiming to "prepare for Trump's visit to Riyadh", the source close to the Saudi government said.

Iraq signs deal with US firm to produce 24,000 MW of electricity

Prime Minister Mohammed Shia al-Sudani oversaw "the signing of a Memorandum of Understanding as part of a strategic cooperation framework...
  • The signing comes at the conclusion of a visit to Iraq by a high-level US delegation comprising of representatives from 60 private firms.
  • Despite sitting on large reserves of petrol and natural gas, decades of conflict and instability have ravaged Iraq's energy infrastructure.

Hamas official says ‘necessary to reach a ceasefire’ in Gaza

A Hamas official told AFP on Tuesday that it was "necessary to reach a ceasefire" in the Gaza Strip, three...
  • "This war cannot continue indefinitely, and it is therefore necessary to reach a ceasefire," Hossam Badran, a member of Hamas's political bureau, told AFP
  • US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu a day earlier said that new negotiations were in the works aimed at getting more hostages freed