UN General Assembly votes for Hamas-free Palestinian state
The text was adopted by 142 votes in favor, 10 against -- including Israel and key ally the United States -- and 12 abstentions. It clearly condemns Hamas and demands that it surrender its weapons.
Hamas says US ‘accomplice’ in Israel Qatar attack as funerals held
"This crime was... an assassination of the entire negotiation process and a deliberate targeting of the role of our mediating brothers in Qatar and Egypt," Hamas official Fawzi Barhoum said.Stock markets strike records despite geopolitical unrest
Gains for oil prices were relatively modest, while gas futures were unmoved after Israel's strikes Tuesday against Hamas in gas-rich Qatar. Gold, a traditional safe haven investment, traded close to its recent record highs.Israeli strikes shake quiet Qatar, strain US ties
It also cast serious doubt on Qatar-mediated Gaza ceasefire talks and undermined security reassurances to the Gulf from key ally Washington.Mistral cements AI lead in Europe with cash infusion
Paris, France -- France's Mistral on Tuesday cemented its position as Europe's top AI hope against far larger US and Chinese competitors after a record fundraising round and a tie-up with chipmaking equipment heavweight ASML. The 1.7 billion euro ($2 billion) cash infusion values Mistral at 11.7 billion euros, double...China’s Xi calls on BRICS countries to ‘resist all forms of protectionism’
Beijing, China -- Chinese President Xi Jinping called on the 11-nation BRICS bloc to "resist all forms of protectionism" at a virtual leaders' summit on Monday. "We must uphold the multilateral trading system with the World Trade Organization at its core and resist all forms of protectionism," he said in...Tesla proposes package for Musk that could top $1 trillion
New York, United States -- Tesla unveiled on Friday a proposed compensation package for Elon Musk that could top $1 trillion if the controversial CEO delivers on his vision for stratospheric growth from new technologies. The plan potentially provides Musk -- already the world's wealthiest person -- with up to...Iran says open to US nuclear talks, rejects missile curbs
Security chief Ali Larijani said Tuesday that Iran was open to nuclear talks with the United States but ruled out any restrictions on its missile programme.US would control Gaza, displace all its people under Trump’s new plan: report
The entire population of Gaza would be relocated and the United States would take control of the Palestinian territory under a plan being considered by the Trump administration, the Washington Post reported Sunday.Lebanon parliament speaker calls for dialogue over Hezbollah weapons
Beirut, Lebanon -- Lebanon's Speaker of Parliament Nabih Berri, an ally of the Iran-backed Hezbollah, called on Sunday for dialogue over its weapons, days before the government is expected to approve an army plan to disarm the group. Months after Hezbollah's devastating war with Israel and under heavy US pressure,...New wave: Sea power turned into energy at Los Angeles port
San Pedro, United States -- Floating blue paddles dance on the waves that lap a dock in the Port of Los Angeles, silently converting the power of the sea into useable electricity. This innovative installation may hold one of the keys to accelerating a transition away from fossil fuels that scientists...Fed governor calls for rate cut at September policy meeting
A governor of the US Federal Reserve, Christopher Waller, said Thursday that the central bank should lower its key interest rate at its upcoming monetary policy meeting.Hezbollah chief rejects disarmament ahead of government talks with visiting US officials
Hezbollah's chief on Monday doubled down on his refusal to give up the group's weapons ahead of talks between Lebanese officials and visiting US envoys after Lebanon's government opted to disarm the Iran-backed militants.Electric cars are more eco-friendly even in US, study finds
Paris, France -- Electric vehicles are less harmful to the environment than their petrol-guzzling counterparts even in the United States, where electric generation is carbon intensive, a study said Monday. Although driving electric vehicles will generally emit less CO2 than using petrol ones, electric vehicles are tooled with heavy batteries...Iran’s Khamenei says will not bow down to US
The remarks, delivered at a mosque in the capital Tehran, come two months since fighting halted between Iran and its sworn enemy Israel in a war that the United States had briefly joined.Trump, Intel announce deal giving US a 10% stake in chipmaker
Chipmaker Intel has agreed to give the US government a 10-percent stake in its business, the company and President Donald Trump announced Friday.Boeing in talks to sell up to 500 planes to China: Bloomberg
New York, United States -- US aviation giant Boeing is in talks to sell up to 500 aircraft to Chinese companies, Bloomberg News reported Thursday, citing sources familiar with the matter. The deal would be a major win for the struggling US manufacturer, with company shares rising as high as 3.7...Oil prices rise ahead of US-Russia summit as stocks digest inflation data
New York, United States - Wall Street stocks finished little changed Thursday as markets absorbed a disappointing inflation report, while oil prices shot higher on the eve of a US-Russia summit on Ukraine. After a negative start, major US indices worked their way back up to even following July wholesale...Perplexity AI offers Google $34.5 bn for Chrome browser
San Francisco, United States -- Perplexity AI offered Google on Tuesday $34.5 billion for its popular Chrome web browser, which the internet giant could potentially be forced to sell as part of antitrust proceedings. The whopping sum proposed in a letter of intent by Perplexity is nearly double the value...Zelensky says US summit in Alaska a ‘personal victory’ for Putin
Ukrainian President Volodymyr Zelensky said Tuesday that Russian counterpart Vladimir Putin had scored a "personal victory" by getting invited to talks with Donald Trump on US soil, and that the meeting further delayed sanctions on Moscow.Most markets rise as China-US tariff truce extended, US inflation data in focus
In an executive order, the White House reiterated its position that there are "large and persistent annual US goods trade deficits" and they constitute an unusual and extraordinary threat to the economy of the United States.US toughens terrorism ban of Pakistan separatist fighters
The United States on Monday toughened its terrorist designation of separatist militants in Pakistan's southwest Balochistan province who were behind a major train attack in March.Jordan says to host Syria-US meeting on reconstruction
The meeting, which will be attended by Syrian Foreign Minister Asaad al-Shaibani and US special envoy for Syria Thomas Barrack, "will discuss the situation in Syria and ways to support the process of rebuilding Syria on foundations that guarantee its security, stability and sovereignty".Gold futures hit record on US tariff shock; mixed day for stocks
Gold futures hit a record high Friday following reports of an unexpected tariff on the precious metal as global stocks finished the week on a mixed note.Trump announces 100% chip tariff, pressuring Asian producers
The US president unveiled the levy at the White House on Wednesday ahead of the imposition of sweeping tariffs on goods from dozens of countries, with chips so far exempt. It comes with the United States and China locked in a high-stakes race to develop the high-end semiconductors used to...Apple to invest additional $100 bn in US: White House
Washington, United States -- Apple will invest an additional $100 billion in the United States, taking its total pledge to $600 billion over the next four years, a senior White House official said Wednesday. The announcement, which was first reported by US media, will be officially made later Wednesday at...Iran says US accountability for attacks on nuclear sites part of any future talks
Iran said Monday it would hold the United States accountable for attacks on its nuclear sites in any future negotiations, while ruling out direct talks with Washington.Trump orders deployment of nuclear submarines in response to ‘provocative’ Russian comments
The United States and Russia control the vast majority of the world's nuclear weaponry, and Washington keeps nuclear-armed submarines on patrol as part of its so-called nuclear triad of land, sea and air-launched weapons.US promises Gaza food plan after envoy visit
The visit by Steve Witkoff came as a report from global advocacy group Human Rights Watch accused Israeli forces of presiding over "regular bloodbaths" close to US-backed aid pointsTrump hits India with 25% tariff and ‘penalty’ over Russia ties
US President Donald Trump said Wednesday that imports from India will face 25 percent tariffs, while also announcing an unspecified "penalty" over New Delhi's purchases of Russian weapons and energy.Iran vows stronger response if attacked again by US, Israel
It remains unclear how much damage was caused by the US strikes on Tehran's nuclear facilities, which came after Israel launched a surprise bombing campaign that it said was aimed at preventing Iran from obtaining an atomic weapon.AstraZeneca to invest $50bn in US
Bulk of funds to go into a Virginia manufacturing center.Trump threatens to sue WSJ over story on alleged 2003 letter to Epstein
Washington, United States - US President Donald Trump threatened to sue The Wall Street Journal Thursday over a story about an alleged off-color letter he wrote to Jeffrey Epstein, amid lingering political fallout over his administration's handling of the late financier's sex trafficking case. The Journal story says the letter featuring...Global markets rise as Trump weighs future of Fed boss
US indices were near record highs two hours into the Wall Street session with all eyes on an incoming earnings reports, notably for streaming giant Netflix.Explosive-laden drones hit three oil fields in Iraq’s Kurdistan region
Kurdistan has seen a spate of unclaimed drone attacks, which have come as the regional government and the federal authorities in Baghdad wrangle over control of export revenues from the Kurdistan fields.Iran says no nuclear talks if US insists it stop uranium enrichment
Washington and Tehran had been engaged in several rounds of negotiations seeking to strike a deal on the Islamic Republic's nuclear programme, but Israel derailed the talks when it launched a wave of surprise strikes on its regional nemesis.UN experts warn of torture risk as US deports migrants to third countries
Geneva, Switzerland -- UN experts decried Tuesday the US resumption of migrant deportations to third countries, including to war-torn South Sudan, stressing Washington's obligation to ensure it is not sending people into harm's way. The experts, who are appointed by the UN Human Rights Council but who do not speak...US revoking terrorist designation for Syria’s HTS
An armed coalition led by HTS leader Ahmed al-Sharaa overthrew then-Syrian president Bashar al-Assad in December, ending half a century of brutal rule by the latter's family.AI robots pluck weeds in California fields, make up for shortage of laborers
Los Banos, United States -- Oblivious to the punishing midday heat, a wheeled robot powered by the sun and infused with artificial intelligence carefully combs a cotton field in California, plucking out weeds. As farms across the United States face a shortage of laborers and weeds grow resistant to herbicides,...Hamas says discussing Gaza ceasefire proposals from mediators
It said it sought "to reach an agreement that guarantees ending the aggression, achieving the withdrawal (of Israel from Gaza) and urgently aiding our people in the Gaza Strip".Iran decries ‘destructive’ conduct by IAEA chief
"The action taken by parliament members... is a natural response to the unjustified, unconstructive, and destructive conduct of the Director General of the International Atomic Energy Agency," Pezeshkian told Macron in a phone call.G7 to exempt US multinationals from global minimum tax
The deal will see US companies benefit from a "side-by-side" solution under which they will only be taxed at home, on both domestic and foreign profits, the G7 said in a statement released by Canada, which holds the group's rotating presidency.Oil slides, stocks rise as Iran-Israel ceasefire holds
The main international and US oil contracts briefly bounced off their lows as Israel and Iran accused each other of breaking the ceasefire, but then fell around five percent after Trump berated the two countries in an expletive-laced outburst.Iranian ballistic missiles target US base in Qatar, the largest in Middle East
No casualties reported in the attack that came a day after the US attacked three key nuclear facilities in Iran. Saudi Arabia and UAE have condemned Qatar strikes, which led to a more than 6 percent fall in oil prices.Airlines suspend or reduce flights in Middle East after Iran strikes
British Airways cancelled flights between London's Heathrow Airport and Dubai and Doha on Sunday following the US strikes on Iran. Air France halted flights to Saudi Arabia and the United Arab Emirates until at least Tuesday inclusive, the airline said.Oil prices seesaw as investors await Iran response to US strikes
US stocks edged higher while European markets retreated and Asian equities were mixed, with markets keeping a close eye on whether Iran will block the crucial Strait of Hormuz, which carries one-fifth of global oil output. When trading opened on Monday, international benchmark crude contract Brent and US equivalent WTI...Massive US bunker-buster bombs make combat debut in Iran strikes
The US military says the GBU-57 -- also named Massive Ordnance Penetrator -- is designed to penetrate up to 200 feet (60 meters) underground before exploding. This differs from missiles or bombs that typically detonate their payload near or on impact.Risk of wider conflict flare up as US claims strikes ‘devastated’ Iran’s nuclear program
Iranian Foreign Minister Abbas Araghchi told reporters in Istanbul the United States and Israel had "crossed a very big red line," asserting Iran would continue to defend itself "by all means necessary."Arab states erupt in condemnation after US strikes on Iran
Iran's former arch-rival in the region, Saudi Arabia, which has been engaged in a Chinese-brokered détente with Tehran since 2023, expressed "great concern" over the attacks. Gulf countries have been engaged in a diplomatic frenzy for solutions since Israel launched its air campaign on their neighbor Iran on June 13.US military aircraft no longer visible at base in Qatar: satellite images
Dozens of US military aircraft are no longer on the tarmac at a major US base in Qatar, satellite images show - a possible move to shield them from eventual Iranian air strikes, as Washington weighs whether to intervene in Tehran's conflict with Israel.MENA Brief | June 19: GCC central banks hold interest rates steady, Diriyah House launched in London
As most currencies in the region are pegged to the US dollar, monetary policy follows the decisions taken in Washington, with policymakers opting to lock the rate at the level it has been since December.