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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.

NASA’s Orion spaceship slingshots around Moon, heads for home

Monday's was the last major maneuver of the mission, which began when NASA's mega Moon rocket SLS blasted off from...
  • European Service Module fired its main engine for over three minutes to put the gumdrop-shaped Orion on course for home
  • Once it returns to Earth, Orion will have traveled more than 1.4 million miles, said Mike Sarafin, the Artemis mission manager

Indonesia villagers race to escape eruption as sky turns black

LUMAJANG, INDONESIA - Thousands of villagers living near Indonesia's Mount Semeru were racing for refuge Sunday to the wail of...
  • Locals fled on motorbikes sometimes three at a time as a mushroom cloud of ash approached and monsoon rains lashed the area in East Java.
  • Indonesian authorities raised their alert level for the volcano to its highest after the crater spewed hot ash a mile into the sky.

‘Carbon credits need more supply, integrity to meet global demand’

RIYADH, SAUDI ARABIA - Carbon credits could make a significant contribution to achieving net zero by 2050, but only if...
  • Trade in voluntary carbon credits could grow 100-fold by 2050 if teething problems are addressed.
  • A carbon credit allows a country or organization to produce a certain amount of carbon emissions and it can be traded if the full allowance is not used.

Natural disaster losses hit US$115 bn this year, says Swiss Re

GENEVA, SWITZERLAND - Natural catastrophes have caused an estimated US$115 billion of insured losses in 2022 to date, driven by...
  • Swiss Re added that so-called secondary natural disasters such as floods and hailstorms caused more than $50 billion of insured losses.
  • Total insured losses topping $100 billion for a second consecutive year, said Swiss Re.

SpaceX postpones mission to put Japanese lander on Moon

The US space agency wants to develop the lunar economy in the coming years by building a space station in...
  • A Falcon 9 rocket is now scheduled to blast off at 3:37 am (0837 GMT) Thursday from Cape Canaveral, Florida
  • Measuring just over 2 by 2.5 meters, it carries on board a 10-kilogram rover named Rashid, built by the UAE

UAE moon rover launch put off, to run more ‘pre-flight checks’

Dubai, UAE— The UAE’s moon rover launch has been delayed by one day in order to run more pre-flight checks,...
  • Rashid Rover, the Arab world’s first lunar mission, is now scheduled to launch at 8:37 a.m. (GMT) on Thursday, Dec.1, from Cape Canaveral in Florida, US
  • The integrated spacecraft once launched will take a low-energy route to the moon rather than a direct approach

All regions experienced water extremes in 2021, says UN

GENEVA, SWITZERLAND - All regions of the world saw water extremes last year - both floods and droughts - and...
  • Large areas of the planet recorded drier than normal conditions in 2021, the UN's World Meteorological Organization said.
  • Some 3.6 billion people face inadequate access to freshwater at least one month per year.

In Hawaii world’s largest volcano erupts for first time in decades

Hawaii's Mauna Loa, the largest active volcano in the world, has erupted for the first time in nearly 40 years,...
  • Mauna Loa has been showing signs of building to an eruption for years, according to the USGS.
  • The USGS which said the ongoing eruption was visible from Kona, a town on the west coast of Hawaii's main island some 72 kilometers from the volcano.

NASA successfully places Orion spacecraft in lunar orbit

WASHINGTON, UNITED STATES - NASA's Orion spacecraft was placed in lunar orbit Friday, officials said, as the much-delayed Moon mission...
  • The spacecraft is to take astronauts to the Moon in the coming years -- the first to set foot on its surface since the last Apollo mission in 1972.
  • While in lunar orbit, flight controllers will monitor key systems and perform checkouts while in the environment of deep space, the agency said.

MoCCAE highlights role of UAE Climate Change Research Network

SHARM EL SHEIKH, EGYPT - The Ministry of Climate Change and Environment (MoCCAE) organized an awareness session on the UAE...
  • The network aims to support collaborative research programs by creating a platform for engaging the academic and scientific community.
  • Drawing the participation of 100 attendees, the event explored several key topics, including promoting science and policy engagement for climate action.

Saudi Arabia unveils its man shaped AI robot Mohammad

Riyadh, Saudi Arabia - Saudi Arabia unveiled its first male humanoid robot ‘Muhammad’ during the second edition of DeepFast in...

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‘Missing ingredient’ for pink diamonds found

Paris, France -- Scientists said on Tuesday they have found the "missing ingredient" for pink diamonds, some of the world's most...

UAE celebrates astronaut Sultan Al Neyadi’s homecoming

The UAE president and the ruler of Dubai spent time in conversation with Al Neyadi – accompanied by his father...

WHO tells China to provide ‘full access’ to Covid investigators

GENEVA, SWITZERLAND - The head of the World Health Organization told the Financial Times he was ready to send a new...

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NASA to publish long-awaited UFO report

An independent team of 16 researchers shared their preliminary observations in May, finding that existing data and eyewitness reports are...
  • NASA announced last year it was reviewing evidence regarding unidentified anomalous phenomena, or UAPs - which has replaced the term "UFO" in official parlance
  • The United States government has begun taking the issue of UAPs more seriously in recent years, in part due to concerns that they are related to foreign surveillance

ChatGPT diagnoses ER patients ‘like a doctor’

During a study in Netherlands, the chatbot outperformed doctors in some cases. At the same time, it showed some limitations.
  • The chatbot's reasoning was "at times medically implausible or inconsistent, which can lead to misinformation or incorrect diagnosis, with significant implications".
  • The findings -- published in the medical journal Annals of Emergency Medicine -- will be presented at the European Emergency Medicine Congress (EUSEM) 2023 in Barcelona.

Iran and Russia sign deal to build research spacecraft in two years

Tehran, Iran-- Iran and Russia are looking to build a research spacecraft within two years and in this connection top...
  • The Scientific and Research Department at the University of Tehran has set up a secretariat to oversee the project
  • The Islamic republic's vice president has directed the Plan and Budget Organization of Iran to finance part of the joint project