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UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

Russia to hold talks with US in Riyadh Monday: Kremlin

Donald Trump spoke to both Russia's Vladimir Putin and Ukraine's Volodymyr Zelensky this week and the US is also due...
  • "From the Russian side, they will be attended by Grigory Karasin, chairman of the Senate's committee on international affairs, and Sergei Beseda, advisor to the head of FSB.
  • Ushakov said he had confirmed this after talks with US National Security Advisor Mike Waltz. Both agreed to send "expert groups" for the talks, he added.

Israel announces ground operations, issues ‘last warning’ to Gazans to remove Hamas from power

Israeli forces this week conducted the deadliest wave of air strikes since the start of a truce in January, killing...
  • The military said it had "begun targeted ground operations in the central and southern Gaza Strip to expand the security perimeter
  • Families with young children fled northern Gaza for areas further south, fearing for their lives after Israel urged civilians to leave

Putin has upper hand in Trump talks on elusive Ukraine peace: analysts

Paris, France - Vladimir Putin scored a coup by discussing with Donald Trump in highly anticipated phone talks everything from improving...
  • During the call on Tuesday, Putin refused a full ceasefire agreement proposed by Washington
  • The Kremlin said Trump had also backed Putin's proposal to hold ice hockey matches between American and Russian players

Deepfakes can clone your voice in 5 seconds, tech firms mount defense

Las Vegas, United States -- Tech firms are fighting the scourge of deepfakes, those deceptively realistic voices or videos used...
  • Hong Kong police recently revealed that a multinational firm employee was tricked into wiring $26m to crooks who staged a videoconference with AI avatars of his colleagues.
  • A recent study by identification start-up iBoom found that a scant tenth of one percent of Americans and Britons were able to correctly tell when a picture or video was a deepfake.

Netanyahu says Gaza strikes ‘only the beginning’, future negotiations ‘only under fire’

Hamas has not responded militarily so far, and in a statement urged friendly countries to "pressure" the United States to...
  • The strikes, by far the largest since a truce took effect in January, killed more than 400 people across the Gaza Strip
  • Netanyahu said in a video statement on Tuesday evening "Hamas has already felt the strength of our arm in the past 24 hours

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

AI needs to be smaller, reduce energy footprint: UNESCO study

Paris, France -- The potential of artificial intelligence is immense -- but its equally vast energy consumption needs curbing, with...

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China’s Xi in Kazakhstan to cement Central Asia ties

Astana, Kazakhstan - Chinese President Xi Jinping will meet Central Asian leaders at a summit in Kazakhstan on Tuesday, his...

Israel, Iran trade missile fire as Trump warns Tehran to ‘evacuate’

The United States and Iran had engaged in several rounds of indirect talks on Tehran's nuclear programme in recent weeks,...

G7 urges Iran de-escalation as Trump makes hasty summit exit as ally Israel pounds Iran

The G7 statement said that Israel "has a right to defend itself" and stressed "the importance of the protection of...

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France shuts Israeli weapons industry booths at Paris Air Show

The decision added drama to the major aerospace industry event, which was already under the shadow of last week's deadly...
  • The booths displayed "offensive weapons" that could be used in Gaza -- in violation of agreements with Israeli authorities, a French government source told AFP.
  • The companies -- Israel Aerospace Industries (IAI), Rafael, Uvision, Elbit and Aeronautics -- make drones and guided bombs and missiles.

Netanyahu sees Gaza hostage release ‘opening’, orders talks

Israeli Prime Minister Benjamin Netanyahu said Sunday he ordered negotiators to "advance" talks on releasing hostages held in Gaza, after...
  • Speaking on US news channel Fox News, Netanyahu said that US Middle East envoy Steve Witkoff "made an offer to begin a 60-day ceasefire
  • Of the 251 hostages seized during Hamas's October 7, 2023 attack on Israel that sparked the war in Gaza, 52 are still held in Gaza, including 34 the Israeli military says are dead

Iran tells mediators it won’t negotiate ‘while under attack’: official

Mediators Qatar and Oman were told by Iran that Tehran "will not negotiate while under attack", an official briefed on...
  • Israel unleashed a punishing fresh barrage of strikes across Iran in a third day of exchanges Sunday
  • The latest conflict marked the first time the two sides have traded fire with such intensity