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Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.
  • Turkey says increasing energy exports to war-torn Syria

    Damascus, Syria -- Turkish Energy Minister Alparslan Bayraktar said Thursday in Damascus that his country would ramp up energy exports...

    Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the country's infrastructure and economy after almost 14 years of civil war.

    The conflict badly damaged Syria's power infrastructure, leading to cuts that can last for more than 20 hours a day.

  • Iran-US nuclear talks set for Rome this week: Oman mediator

    Iran and the United States will hold the next round of talks on the Islamic republic's nuclear programme in Rome...

    The arch-foes have held four rounds of nuclear talks since April 12, the highest-level contact between them since US President Donald Trump abandoned the 2015 nuclear deal

    Western countries, including the United States, have long accused Iran of seeking to acquire atomic weapons, while Iran insists its nuclear programme is for peaceful purposes

  • Gazans mourn at dawn after night of intense Israeli strikes

    Gaza's civil defence agency said that more than 20 air strikes hit Khan Yunis and its surroundings overnight, with the...

    First responders have reported dozens of deaths daily since Israel intensified its attacks in the coastal territory, home to 2.4 million Palestinians

    Every morning, the civil defence agency has provided death tolls for overnight air strikes that often hit houses in rural areas or apartment buildings

  • Rubio sees more Arab states normalizing with Israel this year

    US Secretary of State Marco Rubio suggested Wednesday that more Arab nations could forge ties with Israel this year, as...

    Saudi Arabia was in advanced talks on normalization, backed by then-president Joe Biden's administration, before the October 7, 2023 attack by Hamas on Israel

    Saudi Arabia is considered the ultimate prize by Israel considering the kingdom's role as the guardian of Islam's two holiest shrines and its influence within the Arab and Islamic

  • US accepts Boeing jet from Qatar for use as Air Force One

    US Defense Secretary Pete Hegseth has accepted the Boeing 747 that the Gulf emirate of Qatar offered to President Donald...

    "The Secretary of Defense has accepted a Boeing 747 from Qatar in accordance with all federal rules and regulations," Pentagon spokesman Sean Parnell said in a statement

    The US Constitution prohibits government officials from accepting gifts "from any King, Prince or foreign State," in a section known as the Emoluments Clause

  • Israeli ‘warning’ fire at diplomats sparks outcry amid Gaza pressure

    EU foreign policy chief Kaja Kallas urged Israel to hold to account those responsible for the shooting near Jenin, a...

    The Palestinian foreign ministry accused Israel of having "deliberately targeted by live fire an accredited diplomatic delegation".

    The incident came as international pressure intensified over the war in Gaza, where Palestinians were desperate for supplies after a two-month aid blockade was eased.

  • An output cut of one million barrels per day (bpd) was being discussed at OPEC+, sources said before the announcement. Credit: Pixabay

    Oil prices jump on report of Israel prepping Iran strike

    Both main crude contracts jumped around one percent after CNN reported multiple US officials as saying the government had received...

    There are fears that such a sharp escalation could tip the Middle East into a war, with tensions already high over Israel's strikes on Gaza.

    While safe haven gold pushed higher, the news from CNN appeared to be having little detrimental effect on Asian equities, with most extending the previous day's rally.

  • Iran says talks with US unlikely to ‘lead to any outcome’

    US Secretary of State Marco Rubio said that Iran could have civilian nuclear power while importing enriched uranium but that...

    "We don't think it will lead to any outcome. We don't know what will happen," said Khamenei during a speech, adding that denying Iran's right to enrich uranium was "a big mistake".

    Iran currently enriches uranium to 60 percent, far above the 3.67-percent limit set in the 2015 deal and close though still short of the 90 percent needed for a nuclear warhead

  • EU to lift all economic sanctions on Syria to help the war-torn country

    EU countries agreed Tuesday to lift all their remaining economic sanctions on Syria in a bid to help the war-torn...

    The move from the European Union comes after US President Donald Trump announced last week that Washington was lifting its sanctions against Syria.

    The country's new rulers have been clamouring for relief from the crushing international punishment imposed after Assad's crackdown on opponents

  • US asking countries for ‘voluntary’ Palestinian relocation: Rubio

    Israel has again warned the population of Gaza -- nearly entirely displaced since the war broke out over the October...

    President Donald Trump has repeatedly mused about displacing Gaza's two million people to make way for reconstruction.

    Responding to a question in testimony to the Senate Foreign Relations Committee, Rubio said: "There's no deportation."