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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.

Gaza children fly kites to escape horrors of war

RAFAH, PALESTINIAN TERRITORIES – Meters away from the concrete and steel fence separating the Gaza Strip from Egypt, 11-year-old Malak Ayad flies a...

Hundreds flee as Gaza’s main hospital evacuated

Hundreds of people fled after Israel's army ordered the evacuation of Gaza's main hospital where over 2,000 people were trapped...
  • Israel has been pressing military operations inside the hospital, searching for the Hamas operations center it says lies under the sprawling complex.
  • Israel has vowed to destroy Hamas in response to the October 7 attacks which Israeli officials say killed about 1,200 people, most of them civilians.

Germany, Turkey leaders hold divergent views on Israel-Hamas war

BERLIN, GERMANY - Germany and Turkey's leaders traded barbs on Friday over Israel's war on Hamas, with Frank-Walter Steinmeier stressing the...
  • Turkey’s President Erdogan is on a controversial visit to staunch Israel defender Germany, made more tricky by his accusations directed at Tel Aviv.
  • Erdogan has been increasingly critical of Israel's war against Hamas, triggered by the group's attack that Israel said killed around 1,200 people.

Saudi Arabia, CARICOM countries hold first summit for strategic partnership

RIYADH, SAUDI ARABIA - Since its foundation, the Kingdom has been keen to build bridges of communication with all the...
  • The convening of the summit will contribute to mutual support for various global nominations of the Kingdom and CARICOM, including Saudi Arabia's bid to host Expo 2030.
  • It will enhance coordination on regional and international issues of common interest, boosting tourism cooperation, and highlighting Saudi Arabia's tourist attractions.

Nations start negotiations over global plastics treaty at Nairobi meet

Nairobi, Kenya -- Nations grappling with the plastic "suffocating" nature and leaching into food and the human body began fresh...
  • Around 60 so-called "high ambition" nations have called for binding rules to reduce the use and production of plastic
  • Kenyan President William Ruto described plastic pollution as "an existential threat to life, to humanity and everything in between."

Dubai Airshow 2023 to see 1,400 exhibitors from 95 countries

DUBAI, UAE – The biggest edition of the Dubai Airshow, a significant global event for the aerospace, space and defense...
  • More than 1,400 exhibitors from 95 countries and over 300 international speakers will gather at the at Dubai World Central.
  • Dubai Airshow 2023 is also set to welcome leading and new airlines from across the globe, ready to showcase new concepts to the industry.

Arab, Muslim leaders summit condemns Israel over Gaza offensive

Arab and Muslim leaders condemned Israeli forces' "barbaric" actions in Gaza but declined to approve punitive economic and political steps...
  • The summit took place against a backdrop of widespread anger in the Middle East and beyond over Israel's aerial and ground offensive in Gaza.
  • Israel's offensive in Gaza killed over 11,000 people, mostly civilians and many of them children, according to the Hamas-run health ministry.

Israel faces global calls to protect civilians in Gaza

The suffering and death in Gaza has prompted growing calls for a halt in five weeks of fighting in order...
  • The Gaza health ministry says Israeli fighting has killed more than 11,000 people, also mostly civilians and many of them children
  • Almost 1.6 million people have been internally displaced since October 7, the UN agency for Palestinian refugees (UNRWA) said

European Euclid space telescope unveils first images

Darmstadt, Germany - The first images from Europe's Euclid space telescope were released on Tuesday, showing a nebula resembling a horse's...
  • Euclid blasted off in July on the world's first-ever mission aiming to investigate the enduring cosmic mysteries of dark matter and dark energy.
  • The first five images were unveiled during a press conference at the European Space Operations Centre in Darmstadt, Germany.

UN calls for overhaul of financial system to help poorest countries

The UN called for an overhaul of the global financial system to help the world's poorest countries and their struggle...
  • The 46 so-called least developed countries, or LDCs, suffered a sharp economic slowdown in the first years of the COVID-19 pandemic.
  • As a consequence of the economic slowdown, an additional 15 million people have been pushed into extreme poverty, the UN body said.

Record number of patent applications filed globally in 2022, says WIPO

GENEVA, SWITZERLAND - Global patenting activity soared to new records in 2022, fueled by Indian and Chinese innovators, but an...
  • China, the US, Japan, Republic of Korea and Germany were the countries with the highest numbers of patent filings in 2022.
  • innovators from around the world submitted 3.46 million patent applications in 2022, marking a third consecutive year of growth.

UN rights council to consider call for Israel arms sales halt

The UN Human Rights Council on Friday is set to consider a draft resolution calling for a cessation of arms...

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Scientists launch hub to channel quantum power for good

GENEVA, SWITZERLAND – Scientists will work to channel the huge emerging power of quantum computers for the common good at a...

European Union slaps $1.9bn fine on Apple over violation of rules

Brussels, Belgium - The EU on Monday hit Apple with a more than 1.8-billion-euro fine ($1.9 billion) for violating the bloc's...

Western countries shelve plans to censure Iran at UN nuclear meet

Western powers will not censure Iran over its lack of cooperation with the UN nuclear watchdog at its Board of...

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Dubai International Boat Show helps in marine business

DUBAI, UAE – Dubai International Boat Show has wrapped up following a hugely successful week of high-value boat sales, important...
  • The exhibition is recognized as one of the most influential boat shows in the world.
  • The exhibition has wrapped up following a hugely successful week of boat sales.

US military begins dropping aid into war-torn Gaza

Israel's top ally the United States said it began air-dropping aid into war-ravaged Gaza, as the Hamas-ruled territory's health ministry...
  • It also comes as negotiations continue for a ceasefire between Israel and Hamas in the Gaza Strip.
  • US Central Command said the operation was conducted together with Jordan and saw planes drop “over 38,000 meals along the coastline of Gaza.”

Hamas team heads to Cairo for new truce talks

Palestinian Territories - A Hamas delegation was expected to fly to Cairo on Saturday for talks on a truce in...
  • The source said the delegation would submit Hamas's "official answer" to a proposal thrashed out with Israeli negotiators in Paris late last month.
  • A Hamas source told AFP that under the proposal, a truce would last for six weeks, with Hamas releasing 42 hostages in exchange for Palestinian prisoners.