Elon Musk to hand over first 'made in Germany' Model Y car.

An embargo on Russian oil imports, pushed for by some European countries over Moscow's military action in Ukraine, would have a direct impact on everyone, the Kremlin said Monday.

Four of the six GCC members feature within the top 50 of the World Happiness Report, and are atop the rankings among the Arab countries.

The tech giant is being accused in Europe of stifling competition.

Turkish President Recep Tayyip Erdogan on Friday opened the world's longest suspension bridge over the Dardanelles strait in northwestern Turkey -- which cuts travel time between Asia and Europe to six minutes. The 2.5-billion-euro ($2.8-billion) "1915 Canakkale Bridge" built by a consortium of Turkish and South Korean companies has a...

Indian government officials on Friday defended the continued buying of Russian oil, saying European countries were still purchasing hydrocarbons from Moscow and that high crude prices left New Delhi with little choice.

“Europe and also Africa will be very deeply destabilised as regards food because of what can’t be planted right now in Ukraine,“ Macron told reporters.

Most countries in the EU are beginning to relax requirements to present proof of vaccination and wear masks.

Remittances to Ukraine, which were around 12 percent of its GDP and nearly three times the size of foreign direct investment in 2021, will increase by 8 percent in 2022 despite the ongoing conflict, according to a report by Global Knowledge Partnership on Migration and Development (KNOMAD). The remittance flows...

UN officials said they expected the wave of refugees to intensify further as the Russian army pressed its offensive, particularly toward the Ukrainian capital Kyiv. Since Russia invaded on February 24, a total of 922,400 people have fled Ukraine to Poland. Hungary, Moldova, Romanian and Slovakia have also seen Ukrainian...

The Russia-Ukraine conflict and subsequent sanctions have increased risks to the global economic outlook, with effects that will depend on the length and severity of the crisis, Moody's Investors Service said in a report.

The United Nations’ World Food Programme warned Friday about a looming food crisis in Ukraine in conflict areas, while disruptions in production and exports could lead to food insecurity globally. “In a year when the world is already facing an unprecedented level of hunger, it’s just tragic to see hunger...

Europe and UK gas prices hit record highs Friday and crude oil rallied, as Ukraine's invasion by key producer Russia continued to stoke supply fears. Europe reference Dutch TTF gas price struck 213.895 euros per megawatt hour in afternoon deals and UK gas hit 508.80 pence per therm. "There is...

Russian troops attacked Europe's largest nuclear plant on Friday, starting a fire at the Ukrainian facility, with the country's leader accusing Moscow of "nuclear terror". Local authorities reported no immediate radiation rise was detected and "essential" equipment was unaffected by the fire, but it remained unclear what the invading forces...

The Federation of Bangladesh Chambers of Commerce and Industries, or FBCCI, will launch a UAE-Bangladesh Business Council next month to boost trade in the Middle East region.

Algeria's state energy firm is ready to supply Europe with more gas in view of a possible decline due to the Russian invasion of Ukraine, its CEO said Sunday.

The acquisition is expected to also add significant strategic value to DP World given Imperial’s footprint and strong market access and logistics solutions capability.

On Friday, US President Joe Biden extended his country's measures against Russia to include sanctions on President Vladimir Putin and his Foreign Minister Sergei Lavrov, including a travel ban for the two statesmen. Biden was the first world leader to announce sanctions, hours after Putin declared a "military operation" into...

Saudi National Bank, with backing from its largest shareholder, the Public Investment Fund, is looking to make big acquisitions in Europe and Asia.

The surge in deaths came alongside evidence of both increased arrivals in at least one key destination and rising interceptions.

Aluminum has beaten the previous peak in price hike of $3,380.15, reached in July 2008.

Major gas exporting nations said Tuesday they could not guarantee prices or supplies at a summit overshadowed by the worsening Ukraine crisis which has pushed costs to record highs in Europe. Qatar's emir, who hosted the talks, said gas producers were working to ensure "credible and reliable" supplies as Europe's...

Around 60% of $1.61 billion were committed only in the last two years showing remarkable growth in mobilization of finance for Palestine.

Air travel recovery was gaining momentum as countries were lifting restrictions, with a sharp 11-percentage-point increase for international tickets sold in recent weeks, according to the International Air Transport Association (IATA). Data released by IATA said that in the period around 8 February (seven-day moving average) the number of tickets...

While not verified, the claims by Russia provided some much-needed relief for investors, who had grown increasingly fearful of a conflict in Eastern Europe.

The acquisition for around $5.4bn part of Intel's IDM 2.0 strategy.

Global supplies of diesel are dwindling as refiners struggle to keep pace with rapid post-pandemic demand recovery, exacerbating an acute global energy shortage that has already sent the prices of gas, coal and crude oil soaring. At a time when global central banks are fretting over inflation rates not seen...

The US has sought the help of its close ally Qatar in providing emergency supplies if pipelines to Western Europe are cut. Organizers did not immediately confirm whether Russia's President Vladimir Putin would attend the biannual Gas Exporting Countries Forum (GECF) summit on Feb 22.

The company plans public offering of Arm by March 2023.

The production of semiconductors, also known as chips, has become a strategic priority in Europe as well as the United States, after the pandemic choked off supply.

The Brussels-based European Coordination of Committees and Associations for Palestine (ECCP) is an “Inter-Parliamentary Task Force to Promote Palestinian Human Rights,” a trans-Atlantic initiative which brings together North American and European lawmakers to provide a platform for collaboration, knowledge sharing and joint strategies to promote Palestinian human rights. It is...

Qatar's energy minister told the European Union on Tuesday that his country could not rescue Europe alone if Russia turned off gas supplies amid spiking tensions over Ukraine. But the minister, Saad al-Kaabi, told EU Energy Commissioner Kadri Simson that Qatar was ready to help Europe "in times of need"....

IEA said the demand for natural gas is expected to fall sharply in Europe and slow in Asia. Gas demand rebounded last year as the world economy recovered from the Covid pandemic and restrictions were eased, while an unusually cold winter also drove up consumption.

Netflix currently rules the roost in the Middle East. Therefore, the Disney+ expansion should be a clarion call for regional OTT platforms.

Qatar ruler Sheikh Tamim bin Hamad Al-Thani has the Ukraine crisis, efforts to engage the hardline Taliban administration in Afghanistan, and backroom talks on reviving a nuclear accord with Iran on the agenda for his White House meeting with US President Joe Biden.

Istanbul Airport closed on Monday for the first time since it took over from the old Ataturk Airport as the global hub of Turkish Airlines in 2019.

Economic growth in the eurozone slowed sharply in January, a key survey showed Monday, as new coronavirus restrictions hit consumer spending, raising a new obstacle for the region's recovery.

Qatar is in talks with the US and other gas exporters to prepare a contingency plan for a possible disruption in gas supplies should Russia decide to invade Ukraine.

It was fined €2.4-billion for abusing its search engine dominance.

An event at the Expo 2020 Dubai showcased Europe's work for the transition to the circular economy and how it brings together stakeholders from across the spectrum.

As prices have surged, inflation has soared as a worry for global executives, overtaking concerns about Covid-19 disruptions in some regions, according to a survey released Thursday. In a "seismic shift," inflation now ranks second on the list of top external concerns after labor shortages, up from 22nd last year,...

More than half of people in Europe will likely catch Omicron by March, the WHO has said amid a World Bank warning that it could hamper global economic recovery.

The virus mutant has spurred the world to record 13.5 million cases in the last week alone -- 64 percent higher than the previous seven days -- the global average of deaths dropped three percent. France's public health authority said Friday that the risk of hospitalisation was about 70 percent...

A top WHO official has sounded an ominous note of caution, that the soaring infection rates could have the opposite effect. According to him, the Omicron variant of coronavirus could pose a greater threat because of the sheer number of cases.

The Hamburg-based Jet Airliner Crash Data Evaluation Centre (JACDEC) has again named Emirates Airline as the world’s safest airline in a survey carried out for Aero International aviation magazine, media reports said. Emirates Airline is the world's largest operator of double-decker Airbus A380s - the largest passenger jet in history. With...

Kuwait has called on its citizens to avoid travel to several European countries hit hard by the Omicron coronavirus variant. In a series of statements overnight Sunday, the oil-rich Gulf state also urged  Kuwaitis already there to return home because of the surge in cases on the continent. The foreign ministry...

Tunisian coastguards have rescued 48 illegal migrants trying to reach Europe from neighboring Libya in a makeshift boat.

Prominent world personalities hosted at Rimini Meeting over the years include Pope Francis; Dr. Boutros Boutros-Ghali, former UN Secretary-General

Local traders say that the number of foreign shoppers has risen four to fivefold. Turkey's lira has crashed after Erdogan pushed the central bank to slash interest rates in fervently-held belief that this will finally cure Turkey's chronic inflation problem.

Lawmakers from Israel also approved the health ministry recommendation to bar Israelis from travel to France, Ireland, Norway, Spain, Finland, Sweden, and the United Arab Emirates.