• US stocks open mixed ahead post fresh economic data

    New York, US- Wall Street stocks saw a mixed start to Thursday, as traders digested the latest economic data ahead of the Good Friday holiday. The Dow Jones Industrial Average advanced 0.2 percent to 39,829.51. The broad-based S&P 500 Index was flat at 5,247.74, while the tech-heavy Nasdaq Composite Index retreated...
  • Nasdaq edges to record

    The Dow Jones Industrial Average dropped 0.8 percent.
  • Borse Dubai to sell Nasdaq shares

    The sale is poised to generate $1.59 billion.
  • Asian stocks rise on US gains ahead of key China policy meeting

    Hong Kong, China - Asian markets mostly rose Monday following US gains and ahead of a Chinese legislative session where Beijing's annual growth target and other key policies will be announced. Japan's benchmark Nikkei 225 index surpassed the 40,000 mark for the first time, with analysts predicting it could advance even...
  • Noura Al Kaabi leads UAE’s delegation to UN Commission on the Status of Women

    NEW YORK, US – Minister of State Noura Al Kaabi led the United Arab Emirates’ delegation to the 68th session of the United Nations Commission on the Status of Women (CSW). The priority theme for CSW68 is “Accelerating the achievement of gender equality and the empowerment of all women and...
  • Cryptocurrency Ether witnesses meteoric rise since launch

    NEW YORK, US – Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enjoying its own meteoric rise. Launched in 2015, Ether, also known as Ethereum, is by far the second-largest digital currency in terms of total...
  • Chevron $53bn Hess deal in danger

    Rivals' challenge to the control of a key oil asset can derail the acquisition.
  • Walmart to buy TV maker Vizio

    The acquisition of the TV maker is worth $2.3 billion.
  • 99 journalists killed in 2023, 72 in Israel-Hamas war alone

    "The immense loss suffered by Palestinian journalists in this war will have long-term impacts for journalism not just in the Palestinian territories but for the region and beyond. Every journalist killed is a further blow to our understanding of the world." CPJ has previously attacked what it calls "persecution" of...
  • DMCC witnesses 10 percent rise in US companies in 2023

    DUBAI, UAE – DMCC successfully concluded its most recent Made for Trade Live tour of the US, hosting events in New York, Brooklyn and Washington DC as it continues to build on growing bilateral trade and investments between the two countries. In 2023, DMCC saw a rise of over 10...
  • Butter chicken battle hits Indian court

    Moti Mahal, one of the city's oldest restaurant chains, accuses rival of falsely taking credit for inventing the marinated chicken dish favorite across continents.
  • McDonald Q4 profit up

    McDonald's cited war in the Middle East as a drag.
  • WW3 may begin before US President Biden’s term ends, Trump says

    NEW YORK, US - World War III may break out before US President Joe Biden leaves office, former US president Donald Trump told Fox News. Trump said that Biden is failing to deal with his responsibilities as head of state. "You know, nine months (before the election) is a long...
  • Most markets advance after tech titans fuel Wall Street surge

    Shares in Amazon, Apple and Facebook owner Meta all climbed during Thursday's session. All three companies were due to report results after the market closed
  • US stocks rebound from sell-off on Fed disappointment

    New York, United States - Wall Street stocks rose early Thursday, rebounding from the prior session's pullback as markets awaited more big tech earnings later in the day. Major indices had tumbled on Wednesday after Federal Reserve Chair Jerome Powell dampened expectations for an imminent cut in interest rates. Adam Sarhan...
  • UPS says will cut 12,000 jobs

    The move comes as UPS seeks to "align" its resources.
  • Pfizer reports loss in Q4

    The drugmaker's revenues fell 41 percent to $14.2 billion.
  • Boeing faces heat over quality control after Alaska Airlines fiasco

    The Alaska Airlines episode represents the most serious operational problem for Boeing since two crashes on 737 MAX 8 planes in 2018 and 2019 resulted in 346 causalities and led to a lengthy grounding of the jet.
  • P&G posts mixed quarterly results

    Earnings per share dropped 12 percent to $1.40.
  • Macy’s rejects $5.8bn takeover deal

    The company also owns the Bloomingdale's store chain.
  • Tokyo’s Nikkei climbs to its highest level since Mar 1990

    Tokyo, Japan - Tokyo stocks closed higher on Tuesday on the back of gains in US tech stocks, pushing the Nikkei index to a 33-year high. The benchmark Nikkei 225 index climbed 1.16 percent, or 385.76 points, to end at 33,763.18, while the broader Topix index added 0.82 percent, or 19.55...
  • Foreign governments paid Trump firms millions as president, claims US report

    NEW YORK, US - Former US president Donald Trump's businesses received at least $7.8 million from foreign governments including China during his time in the White House, a congressional report claimed. Officials from Saudi Arabia, India, Turkey and Democratic Republic of Congo were among some 20 countries' representatives who paid money...
  • Revealed: Epstein’s 150 high-profile connections

    The unsealing of around 1,000 pages of documents stems from a defamation lawsuit between Ghislaine Maxwell and Virginia Giuffre, offering insights into Epstein's network.
  • UNSC committee adopts guiding principles on use of UAS for terrorist purposes

    NEW YORK, US – The Counter-Terrorism Committee (CTC) of the UN Security Council adopted the "Abu Dhabi Guiding Principles" and published them as an official document of the Council during the United Arab Emirates’ presidency of the CTC. This important achievement establishes a set of guidelines that address the challenges...
  • UN General Assembly approves US$3.59bn budget for 2024

    NEW YORK, US - The United Nations General Assembly (UNGA) approved a US$3.59 billion budget for 2024, including establishing a private account related to funding by the United Nations Peacebuilding Fund (UNPBF). In a statement late on Sunday, UNGA approved around US$50 million as an additional funding for UN Human...
  • 136 UN employees killed in Gaza War, says UN chief   

    NEW YORK, US - UN Secretary-General Antonio Guterres said on Sunday that 136 United Nations employees in Gaza Strip had died in 75 days, something the global organization had "never seen" in its history. "Most of our staff have been forced from their homes," the UN chief added in a...
  • UN adopts Qatar-sponsored resolution on human rights training center

    New York, USA - The UN General Assembly (UNGA) adopted a resolution by 185 votes on 'The UN Human Rights Training and Documentation Center for South-West Asia and the Arab Region'. Qatar sponsored and facilitated negotiations every two years since its establishment in 2008, with its headquarters in Doha. Sheikha...
  • Warner Brothers Discovery explores merger

    Warner Brothers Discovery brands include CNN and HBO.
  • FBI completes Rainbow Bridge car explosion, says it was traffic accident

    According to witnesses, the car was running at a speed of more than 160 km/h. As a result, the car caught fire. There were two people inside, both died. A border officer who happened to be nearby received minor injuries. According to the local media, it was a stolen car.
  • Adoption of electric vehicles in US face infrastructure hurdles

    NEW YORK, US - The US transition to electric cars has hit a speed bump, with concerns about vehicle range and limited charging capacity adding to core affordability issues. Automakers in recent weeks have pushed back EV sales targets and delayed capital projects as they seek to reduce inventories of unsold...
  • $120m Picasso: Auction houses eye monster sales

    Sotheby's and Christie's will be moving a host of big-ticket lots, though they may still have a hard time topping last year, when total sales hit a record $16 billion.
  • Hamas ready to swap prisoners with Israel, says official

    NEW YORK, US  - Hamas is ready for a "complete compromise" deal on the issue of swapping hostages with Israel, Ghazi Hamad, a senior member of the Palestinian group's political bureau, said in an interview with NBC News. “We want these people to go home,” Hamad said. “And, also, we...
  • Israeli Prime Minister orders hunt for Hamas leaders: Seymour Hersh

    New York, United States - Israeli Prime Minister Benjamin Netanyahu reportedly ordered Israeli intelligence agencies to track and assassinate all political and military Hamas leaders two weeks ago, according to US journalist Seymour Hersh. The revelation comes from Hersh's blog on the Substack website, citing unnamed sources. Hersh claims that,...
  • JPMorgan Q3 profit at $13.2bn

    The bank’s revenues rose 22 percent to US$39.9 billion.
  • Delta posts Q3 profits of $1.1b  

    The company’s revenues rose 11 percent to $15.5 billion.
  • Brazil exhorts UNSC talks to de-escalate Israel-Hamas war

    Brazilian Foreign Affairs Minister Mauro Vieira has interrupted an Asia trip to travel "to New York to participate in a meeting of the United Nations Security Council, called by Brazil... to address the situation in the Gaza Strip," the ministry said in a statement.
  • Birkenstock to list on NYSE

    The German sandals maker has set its share price at $46.
  • Abu Dhabi’s Mubadala to invest $1 billion a year in Brazil

    New York, United States - Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund, plans to invest more than $1 billion a year in Brazil in a range of holdings from an oil refinery to a toll road.  The firm’s second fund in the country, Brazil Special Opportunities...
  • Trump business empire under threat as fraud trial opens

    Donald Trump intends to be present for the start of the trial on Monday morning as a civil fraud trial against the former president and two of his sons begins in New York, threatening the Republican frontrunner's business empire as he campaigns to retake the White House with four criminal...
  • UAE and India look to boost ‘comprehensive strategic partnership’

    New York, US-- The UAE Foreign Minister Sheikh Abdullah bin Zayed has held talks with Subrahmanyam Jaishankar, External Affairs Minister of India, and pledged to further develop cooperation as part of the two countries' strategic partnership. The two ministers met on the sidelines of the 78th Session of the United...
  • Jordan, Egypt and Iraq pledge to boost ties in economic and political fields

    New York, US-- Jordan, Iraq, and Egypt have pledged to cement the partnership between themselves in order to boost cooperation in several economic and political fields. In this connection, Jordanian Deputy Prime Minister, Minister of Foreign Affairs, and Expatriates Ayman Safadi participated in a tripartite meeting with his Iraqi and...
  • UAE minister calls for climate action by promoting nature-based solutions

    NEW YORK, US – UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri called upon the global community to utilize the opportunity offered by COP28 in the Emirates to drive climate action by focusing on food systems transformation and promoting nature-based solutions. She made the comments during...
  • GCC chief highlights importance of boosting ties with UK

    New York, US--Secretary-General of the Gulf Cooperation Council (GCC), Jasem Mohamed Albudaiwi, has stressed the importance of strengthening ties with the United Kingdom, including the Free Trade Agreement (FTA), which is an essential element of the strategic partnership and will contribute to achieving common interests. This came during Albudaiwi’s meeting...
  • World must understand AI, curb its risk, says UK Deputy PM

    NEW YORK, US - The United Kingdom will be holding a summit on artificial intelligence (AI) so that nations can come together to “understand it, govern it, harness its potential and contain its risks”, Deputy Prime Minister Oliver Dowden told the UN General Assembly. Dowden said the so-named AI Safety...
  • GCC and UK foreign ministers exhort Iraq to uphold international agreements

    New York, US-- The GCC foreign ministers and the UK foreign minister have exhorted Iraq to uphold international agreements and United Nations resolutions on the demarcation of the Kuwaiti-Iraqi borders. Foreign Ministers of the Gulf Cooperation Council (GCC) Member States and the UK's Secretary of State for Foreign, Commonwealth, and...
  • Cisco buys Splunk for US$28bn

    Splunk is a software platform that uses AI to identify malware.
  • Iran, Djibouti resume diplomatic ties after 7 years

    Iran announced the restoring of diplomatic ties with Djibouti over seven years after it joined other regional nations in severing ties with Tehran in support of Saudi Arabia. The decision by the Horn of Africa nation came months after Shiite-dominated Iran and Sunni-majority Saudi Arabia resumed relations under a China-brokered...
  • YouTube announces new AI products for content creation with focus on MENA

    New York, United States - YouTube has unveiled a suite of innovative AI-powered tools aimed at revolutionizing the world of content creation for both emerging and established creators worldwide, with a special focus on the Middle East and North Africa. These AI-driven capabilities promise to unleash new avenues of creative...
  • Israeli PM Netanyahu to visit Turkey: Erdogan

    Turkey's President Recep Tayyip Erdogan told reporters in New York that he will visit Israel too once Benjamin Netanyahu will have visited Turkey. Erdogan, after meeting with Netanyahu, added that drilling work with Israel will be started soon and operating transmission lines to Turkey and further to Europe will also...
  • Houthi and Saudi engage in ‘positive’ talks

    Saudi Arabia and Iran-backed Houthi rebels put a positive spin on the inconclusive talks in Riyadh as diplomatic efforts increased to end Yemen's war. The five days of talks were "positive", Saudi officials and a senior Houthi said, after the rebel delegation ended the first public visit to the Saudi...
  • Biden pledges to extract ‘costs’ from Iran despite prisoner swap

    NEW YORK, US- President Joe Biden said the United States would keep piling "costs" on Iran despite a prisoner swap deal that freed five Americans on Monday. Biden confirmed that he was imposing new sanctions on Iran's intelligence ministry and former president Mahmoud Ahmadinejad for their involvement in "wrongful detentions." "Today,...