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Geostrategy

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Lebanon says 11 killed in Israel strikes across the country

Lebanon said Israeli strikes killed 11 people across the country Tuesday
  • "The Israeli enemy strike on Baalshmay killed five people," the health ministry said
  • Israeli strikes outside Hezbollah strongholds have often targeted buildings where displaced civilians have sought refuge

Donald Trump ramps up transition moves with key appointments

President-elect Donald Trump is tapping loyalists for several key posts after signaling his desire to have his cabinet confirmed without...
  • Trump has promised to carry out the "biggest deportation operation in the history of our country"
  • New York congresswoman Elise Stefanik got the nod for UN ambassador, while Stephen Miller might serve as deputy chief of staff

Saudi Crown Prince says Israel must not attack Iran, expresses shock over war crimes in Gaza

Indicating improving ties between the two major powerhouses in the Middle East, Crown Prince Mohammed bin Salman urged international community...
  • International community should oblige Israel "to respect the sovereignty of the sisterly Islamic Republic of Iran.."
  • Riyadh and Tehran are warming their relationship, and this is a very different regional environment, says expert.

Saudi hosts Muslim nations to discuss war in the Middle East with Trump in the equation

Arab and Muslim leaders are gathering in Saudi capital city Riyadh to discuss Israeli war against Gaza and Lebanon in...
  • Summit in Saudi Arabia is an opportunity for Muslim leaders to show signal what they want and expect from the incoming Trump administration
  • Israeli strikes on Sunday killed dozens in Gaza and Lebanon as US deadline for Israel to improve aid delivery is on Wednesday

Qatar halts Gaza mediation efforts amid stalled talks on ceasefire and hostage release

The Gulf emirate, which has hosted Hamas's political leadership since 2012 with US blessing, has been involved in months of...
  • Talks, also mediated by Cairo and Washington, have repeatedly hit problems since a one-week truce in November 2023 -- the only one so far
  • One crucial hurdle has been Hamas's insistence that Israel withdraw completely from Gaza, something Israeli officials have repeatedly rejected

Buried for 14 hours after Israeli strike, Lebanese toddler makes recovery

The strike flattened an apartment complex and killed 15 people, many of them relatives
  • "Ali is the sole survivor of his family," said his father's uncle
  • "He emerged from the rubble, barely breathing, after 14 hours"

Who will staff Trump’s Govt? A look at top contenders, with Elon Musk among the likely picks

Tesla CEO Elon Musk could head a new "Department of Government Efficiency," promising $2 trillion in federal budget cuts and...
  • "There are some people that will be returning (from Trump's first term)," senior Trump aide Jason Miller told Fox Business. "And there'll be some new people joining the mix."
  • Linda McMahon, a former CEO of World Wrestling Entertainment, and Howard Lutnick, the founder of the brokerage firm Cantor Fitzgerald, are leading the transition process

Lebanon MPs demand UN protection of heritage sites from Israel attacks

The Lebanese MPs called on Azoulay to "urgently prioritize the protection of these historic sites by mobilizing UNESCO’s authority.
  • "During the devastating war on Lebanon, Israel has caused grave human rights violations and atrocities," the lawmakers said
  • Lebanon is home to six UNESCO World Heritage sites, including Roman ruins in Baalbek and Tyre

Trump wins White House in stunning comeback

The polarizing Republican's win, following one of the most hostile campaigns in modern US history, was all the more remarkable...
  • As supporters chanted "USA!", the 78-year-old added that his "magnificent" win would "allow us to make America great again
  • World leaders swiftly pledged to work with Trump, led by Israel and Ukraine where the course of raging conflicts could depend on the new presiden

Republicans seize control of US Senate: networks

Republicans wrested the US Senate from Democratic control, ending four years in the minority, in its quest to dominate every...
  • Republicans reversed the Democrats' 51-49 Senate advantage with at least 51 seats and counting
  • If Republicans win all of the toss-up races, they'll end the election with 55 of the 100 seats

More than one million Syrians return to their homes: United Nations

Geneva, Switzerland -- More than one million people have returned to their homes in Syria after the overthrow of Bashar al-Assad,...

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Syrian President’s first foreign trip to Saudi Arabia signals Syria’s shift away from Iran’s influence.

Syrian President Ahmed al-Sharaa met Saudi Crown Prince Mohammed bin Salman in Riyadh, marking his first foreign visit and signaling...

Maori-led AI initiative can revolutionize language preservation, says Peter-Lucas Jones

Davos, Switzerland -- Peter-Lucas Jones, a Kaitaia native, who has been listed in the prestigious Time100 AI 2024 List, was...

Readying for jobs of tomorrow: WEF’s Till Leopold stresses upskilling

Davos, Switzerland -- In the next five years, millions of jobs will be created. Governments, employers, and education institutions, therefore,...

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Trump pledges historic tax cuts, investment growth, oil price action, and Ukraine peace effort at Davos 2025

The newly inaugurated president remarked that he would “like to meet with President Putin soon” and “get the war ended,”...
  • The newly inaugurated president said he would reduce the US corporate tax rate from 21% to 15%, with foreign companies manufacturing goods in the US benefiting directly
  • Trump also indicated that lowering oil prices could be a key step towards ending the Ukraine-Russia war, urging Saudi Arabia and OPEC to reduce the cost of oil

Workers should have a say in AI implementation, says TUAC general secretary

Davos, Switzerland -- The transformation seen in the labor market brought about by green transition and new technologies has raised...
  • Nilsson said that in the green transition, the new jobs that have been created are of lower quality and workers are less protected.
  • AI can reduce discrimination in hiring but the technology itself can be rigged to increase discrimination, she warns.

EXCLUSIVE: ILO chief urges action on job gap and reskilling at Davos 2025

Davos, Switzerland -- The world labor market is nearing the pre-Covid levels but gender gap and other concerns remain, International...
  • Houngbo said he saw the unemployment gap between young women and young men to the disadvantage of women.
  • The most important thing is that the private and public sectors need to step up investment in reskilling, he said.