Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

McDonald’s profits up 7%

The quarterly profits increased despite weak Middle East sales.

ADQ buys stake in Plenary Group

The deal is aimed at expanding public and social infrastructure.

FPT and Nvidia to build AI factory

Nvidia had invested around $250 million in Vietnam.

Swiss reserve hike hits UBS

The reserve requirement will increase from 2.5% to 4% from July 1.
  • Syria has held ‘meetings’ with US: Assad

    The United States was among the first to cut ties with Assad over the repression of anti-government protests that sparked...

    The United States was among the first to cut ties with Assad over the repression of anti-government protests that sparked war in 2011

    Last year Syria returned to the Arab fold, seeking better ties with wealthy US-allied Gulf states, in the hope they can help fund reconstruction

  • Iran, Israel appear to pull back from brink as US approves military aid

    Iran downplayed Israel's reported retaliation for its unprecedented drone and missile attack, tamping down fears that escalating attacks between the...

    Aiming to bolster Israel's defences including its Iron Dome air defence system, the US House of Representatives approved $13 billion in new military assistance for the country

    Israeli Prime Minister Benjamin Netanyahu welcomed the aid bill, writing on X, that it "demonstrates strong bipartisan support for Israel and defends Western civilization."

  • Calls for calm after reported Israeli strike on Iran

    An unidentified Israeli official told The Washington Post the "strike" was retaliation for Iran's drone and missile barrage and was...

    Israeli officials made no public comment on the attack and Iranian officials played down its significance

    Iranian Foreign Minister Hossein Amir-Abdollahian said Israeli micro-drones used in the operation had caused no deaths or damage

  • iran, israel, missile, syria

    Israel strikes Syria again following overnight ‘retaliatory’ attack on Iran

    Israeli strikes on Friday targeted a Syrian army position in the country's south, a war monitor said, as US media...

    Israeli strikes on Friday targeted a Syrian army position in the country's south,

    UN Secretary-General Antonio Guterres: The Middle East is on a precipice

  • Explosions in Iran, US media reports Israeli strikes

    Iran's air defence systems over several Iranian cities were activated, state media reported, after the country's official broadcaster said explosions...

    Israel had previously warned it would hit back after Iran fired hundreds of missiles and drones at Israel over the weekend. Most of them were intercepted

    Iran's Fars news agency reported "three explosions" were heard near the Shekari army airbase in the northwest of Isfahan province

  • Lebanon’s Hizbollah targets Israel base, wounding 14 soldiers

    Hours after the strike on Arab al-Aramshe, an Arab-majority village in northern Israel near the border, Israeli forces hit targets...

    Israel and Hizbollah, an Iran-backed Hamas ally, have been exchanging near-daily cross-border fire since the Palestinian group attacked southern Israel on October 7

    But Hizbollah strikes in the past few days have included a growing use of explosive drones and wounded people in Israel, which has struck deeper into Lebanon in recent weeks

  • Italy PM Meloni visits Tunisia for migration talks

    Meloni's latest visit to Tunisia came as part of her so-called Mattei Plan, a program aiming to posit Italy as...

    Meloni met with Saied, who vowed in a national security meeting the day before that Tunisia "will be neither a center nor a crossing point" for sub-Saharan migrants

    "Cooperation on migration remains a central aspect of the relationship between Italy and Tunisia," Italian officials said

  • Gaza, UN, security council, israel

    UN Security Council to vote this Thursday on full Palestinian membership

    Against the backdrop of the grinding conflict in Gaza, a city largely devastated by more than six months of war...

    The Palestinians formally revived this April an application first made to the world body in 2011

    Statehood requires a defined territory, a permanent population, a government and the ability to enter into international relations

  • iran. missile, Israel, sanctions

    US, EU to impose fresh sanctions on Iran following recent missile attack on Israel

    The United States announced Tuesday that it was preparing new sanctions on Iran's missile and drone program after last weekend’s...

    Washington would impose new sanctions targeting Iran, including its missile and drone program

    EU foreign policy chief Josep Borrell said Brussels is working on expanding sanctions against Iran's supplies of weaponry

  • Putin talks to Raisi, expresses hope for restraint in Middle East

    Moscow, Russia - Russian President Vladimir Putin and his Iranian counterpart, Ebrahim Raisi, discussed the latest escalation in the Middle...

    According to the Kremlin, the Iranian leader said that Iran’s action was limited as he assured Putin that Tehran was not "seeking to escalate tensions further"

    Iran's President Raisi warned that "the slightest action against Iran's interests will definitely be met with a severe, extensive and painful response."