Khamenei vows Iran will never surrender, warns US of ‘irreparable damage’
Khamenei's speech came six days into the conflict, with US president Donald Trump saying he may or may not intervene in the conflict, while demanding Iran's "unconditional surrender".
Relations sour between Turkey and Israel after Erdogan’s speech
Israel and Turkey -- an overwhelmingly Muslim nation that forms the bulwark of NATO defenses on the edge of the Middle East -- had only just agreed to reappoint ambassadors last year. But their relations unraveled as Erdogan began to pick up the pace and venom of his attacks on...ICRC chief urges end to ‘catastrophic’ Gaza suffering
Mirjana Spoljaric, the president of the ICRC spoke of her shock at the " intolerable level of human suffering" and called for a de-escalation. She said that it is a "catastrophic failing" that the world must not tolerate as Israel said its war on Hamas had entered a new phase.US supports ‘humanitarian pauses’ to let aid into Gaza
White House National Security Council spokesman John Kirby said the US supports pauses in Israel's war against Hamas in order to let aid to flow into the Gaza Strip. He said the aid can include fuel needed for the restoration of electrical power, medical care, water purification and "so many...Intel beats earnings expectations
Net income of US chip giant tallied $300 million.Positive trial for Pfizer-BioNTech Covid-flu jab
Berlin, Germany - Germany's BioNTech and US pharmaceutical giant Pfizer on Thursday announced "positive" results from initial trials of their combined mRNA vaccine against Covid-19 and influenza.Phase one and two trials of the vaccine had produced "robust immune responses" against both illnesses and showed a "safety profile consistent with the safety...Volvo Cars posts profit
Its operating profit shot up to US$400m for the third quarter.Gunman kills 22 in mass shooting in Maine, US
The county sheriff's department asked people to lock down or close their business while "we investigate." The gunman is still at large. According to City Councilor Robert McCarthy, the death toll had climbed to 22 in the shooting spree at a bowling alley and also at least one other location,...Global tech collaboration can benefit all: Expert
The ongoing US-China technological decoupling is likely to harm global capabilities, Chinese Professor Wu Xiabo tells TRENDS in an interview.Boeing posts Q3 loss
The firm trims full-year forecast for deliveries of the 737.Turkey and Qatar reject ‘double standards’ in Gaza response
Qatar's top diplomat Mohammed bin Abdulrahman Al-Thani said the two governments -- both Western allies -- "reaffirm our complete rejection of responding to the crisis with double standards when it comes to human life". "It is not permissible to condemn the killing of civilians in one context and justify it...Markets up, oil down as investors eye Middle East situation
Oil slid but most world stock markets rose in anticipation of a raft of strong US corporate earnings, even as economic and geopolitical fears still dog sentiment ahead of this week's eurozone interest rate decision. Volatile US Treasury yields had affected stock trading on Monday in the United States.General Motors Q3 profit surge
Revenues rose five percent to $44.1 billion, the company said.UN General Assembly to discuss Israel-Hamas war on Thursday
Many states including Jordan on behalf of an Arab group of nations, Russia, Syria, Bangladesh, Vietnam and Combodia formally requested General Assembly president to schedule the meeting. The UN Security Council, regularly divided on the Israeli-Palestinian issue, rejected a Russian draft resolution last week calling for a "humanitarian pause."Markets fall as traders wary due to Gaza war, Fed interest rates
Paris, France - Stock markets slid on Monday, extending last week's sell-off n fears of a regional conflict in the Middle East and worries that US interest rates will remain elevated for longer than initially thought.The concerns about US interest rates have also been affecting bond markets, with the yield on...Chevron to acquire Hess
Chevron last year posted a record profit of $35.5 billion.Biden discusses Mideast war with Western allies: White House
The White House statement the Western leaders voiced commitment to coordinate "to ensure sustained and safe access to food, water, medical care, and other assistance required to meet humanitarian needs." They also pledged close diplomatic coordination "to prevent the conflict from spreading, preserve stability in the Middle East, and work...US troops enhance presence in Middle East due to ‘escalations’
The United States warned against any "escalation" in the Middle East in the wake of Israel's war with Hamas, Defense Secretary Lloyd Austin said, hours after the Pentagon moved to step up military readiness in the region. The US has seen a "prospect of escalation of attacks on our troops"...Russia seeks new Security Council meeting on Gaza war
It has repeatedly called for talks on ending the conflict, which has risked undermining its growing ties with Iran and complicated its relations with long-time partner Israel. President Vladimir Putin spoke to Israeli Prime Minister Benjamin Netanyahu as well as Iranian and Arab leaders earlier this week in the hope...Iraq airbase hosting US troops hit by suicide drone
Since Wednesday, three Iraqi bases used by US-led coalition troops have been targeted in five separate attacks -- Ain al-Assad, the Al-Harir base in northern Iraq and a military camp near Baghdad airport. The United States currently has about 2,500 troops stationed at the three bases, alongside around 1,000 soldiers...Mediation will lead to Hamas hostage releases very soon: Qatar
Berlin, Germany--Qatar, a key power in the efforts to release hostages seized by Hamas from Israel, believes they can be released "very soon" thanks to ongoing discussions, a Qatari Foreign Ministry spokesman told the German Welt am Sonntag newspaper Saturday.Doha's mediation played a key role in the release on Friday evening...US urges parties to keep Rafah crossing open for aid into Gaza
Saturday's was the first such delivery since the war broke out two weeks ago between Israel and Hamas, which rules the Palestinian enclave of 2.4 million people. President Joe Biden said in a statement that the opening of "this essential supply route was the result of days of diplomatic engagement...US welcomes aid in Gaza, urges parties to keep Rafah crossing open
Washington, US - The United States on Saturday welcomed the arrival of aid trucks from Egypt in the war-torn Gaza Strip, and urged all parties to keep the Rafah crossing open.US Secretary of State Antony Blinken urged "all parties to keep the Rafah crossing open to enable the continued movement of...Rockets fired at US army in Iraq, no casualty reported
Baghdad, Iraq - US troops stationed at two bases in Iraq have been targeted with rocket attacks that caused no casualties, US and Iraqi military sources said Friday, against the backdrop of the Israel-Hamas war.Armed factions close to Iran have threatened to attack US interests in Iraq over Washington's support for...GCC and ASEAN denounce Gaza attack, urge permanent ceasefire
The six-member Gulf Cooperation Council (GCC) and the 10-member Association of Southeast Asian Nations (ASEAN) also called for the release of some 200 hostages held by Hamas, as well as the restoration of basic services for Palestinians and the delivery of humanitarian aid.Moody’s puts Israel’s credit ratings on review for downgrade
Moody's announced that it was putting a number of the Israeli government's credit ratings on review for a downgrade, including its long-term foreign-currency and local-currency ratings, because of the war. "Israel's credit profile has proven resilient to terrorist attacks and military conflict in the past," it said.EU president says Egypt needs support to handle fleeing Gazans
"Egypt needs support, so let's support Egypt," said Michel, who is in Washington to attend a summit with US President Joe Biden and European Commission President Ursula von der Leyen on Friday. He added that he would meet Egyptian President Abdel Fattah al-Sisi during his weekend visit.US troops attacked in Middle East amid fears of widening war
Washington, United States - US military forces in the Middle East have faced multiple threats from drone attacks in Middle East, Washington Post reported today. A US Navy destroyer in the Red Sea successfully intercepted a salvo of cruise missiles and drones launched toward Israel from Yemen. These actions come...Egypt to open Gaza crossing for up to 20 aid trucks: Joe Biden
US president said the aid convoy would be allowed to go into Gaza from the Rafah crossing in a first batch of humanitarian aid. According to him, the shipment would likely not cross until Friday as the road at the crossing needed repairs. It became possible only after Egypt's president...Israel to allow food, water and medicine only in Gaza via Egypt
"In light of (US) President (Joe) Biden's demand, Israel would not foil the supply of humanitarian aid via Egypt," the prime minister's office said, announcing a cabinet decision. The statement noted that aid to civilians in the southern Gaza Strip would be allowed "so long as these supplies do not...US authorizes non-essential embassy staff to leave Lebanon
Following Hezbollah's call, hundreds of demonstrators scuffled Tuesday night with Lebanese security forces outside the US embassy in the Beirut suburb of Awkar, where protesters hurled stones and set a building on fire, according to AFP correspondents. Palestinian refugee camps in the southern cities of Sidon and Tyre erupted in...Qatar signs 27-year gas deal with UK’s Shell
Last year Shell inked a deal with QatarEnergy for a 9.4% stake in Qatar's North Field South project, the second phase in the expansion of the world's largest gas field, extending under the Gulf into Iranian territory. Later it also agreed to a 6.25% share in the first phase of...UN chief slams ‘collective punishment’ of Palestinians
Antonio Guterres, speaking at an economic forum in China, condemned the October 7 Hamas attacks on Israel that killed more than 1,400 people as "acts of terror" that could not be justified. "But those attacks cannot justify the collective punishment of the Palestinian people," Guterres said. He urged Israel to...Markets fall as Biden set for Middle East diplomacy drive
US and European stock markets mostly fell and oil prices rose as US President Joe Biden prepared for a trip to the Middle East aimed at preventing the Israel-Hamas conflict spreading across the region. Investors also weighed another raft of company earnings and rising interest rates.First group of evacuees from Israel aboard US ship lands in Cyprus
Nicosia, Cyprus - A first group of evacuees from Israel arrived in Cyprus on Tuesday aboard a US-chartered cruise ship as the island's authorities announced plans for a twice-daily ferry link for those wishing to leave.The 159 evacuees on board the Royal Caribbean cruise ship Rhapsody of the Sea primarily consisted...World leaders try to contain Israel-Hamas war
As Israel prepares for a ground offensive into the Gaza Strip, the international community has mobilized to try to protect civilians and prevent the conflict spreading across the region. But Tel Aviv's avowed determination to crush Hamas, the group behind the October 7 attack on Israel, are hampering mediation efforts.Muslim boy killed in US attack linked to Israel-Hamas war
Detectives were able to determine that both victims in this brutal attack were targeted by the suspect due to them being Muslim, the sheriff's office said. US President Joe Biden said that the Palestinian Muslim family came to America seeking "what we all seek -- a refuge to live, learn,...Biden says Israeli occupation of Gaza would be ‘big mistake’
Israel, seeking vengeance for an attack by Hamas on October 7, has declared war on the militant group, launching a relentless bombing campaign and warning more than a million people in northern Gaza to move south ahead of the operation. Asked by CBS news program 60 Minutes if he would...Expelling Gazans from their homes non-starter: Blinken
As Israeli politicians look to expel Palestinians from the Gaza Strip into neighbouring Egypt, US Secretary of State Antony Blinken has categorically rejected the idea, saying they should be able to stay as Israel battles Hamas. Blinken is on a crisis tour of the Middle East after Hamas fighters attacked...Israel acting beyond scope of self-defense: China FM
Wang's remarks, made on a call to his Saudi Arabian counterpart Prince Faisal bin Farhan on Saturday, came as Israel appeared poised for a ground offensive against Hamas fighters in Gaza. Israel should listen earnestly to the calls of the international community and the UN secretary general, and cease its...Blinken presses for pressure on Hamas in meeting with Saudi crown prince
The top US diplomat has been touring the region after Hamas fighters infiltrated Israel from the blockaded Gaza Strip on October 7 and killed 1,300 people, mostly civilians, and took about 150 hostages. Blinken will travel later Sunday to Egypt, the sixth Arab country he will visit as he seeks...Second US aircraft carrier to back Israel as Biden stresses civilian protection
The presence of the USS Eisenhower and its affiliated warships in the eastern Mediterranean signals Washington's "ironclad commitment to Israel's security and our resolve to deter any state or non-state actor seeking to escalate this war," Secretary of Defense Lloyd Austin said in a statement. The Eisenhower joins the USS...Egypt, Israel to allow US citizens to leave Gaza via Rafah crossing
Riyadh, Saudi Arabia - Egypt and Israel have agreed to let US citizens leave the Gaza Strip through the Rafah crossing on Saturday as Israel carries out strikes against Hamas, a US official said.The two US partners agreed to keep the sole crossing from Gaza to Egypt open from 12:00 pm...Protesters in New York call for a ‘free Palestine’
Calling for an end to "Israeli occupation" and the "liberation" of the Palestinian territories, protesters took up multiple blocks in a city that serves as a crossroads for religions and nationalities spanning the world. The largely youthful protest -- which drew demonstrators of all origins, some sporting Palestinian flags and...Iran says US ‘can not renege’ on deal to transfer $6bn via Qatar
Tehran, Iran-- Iran said the United States "can not renege" on an agreement to transfer $6 billion in frozen funds through mediator Qatar following Hamas bloody assault on Israel.Tehran, which financially and militarily backs Hamas, has come under intense scrutiny since fighters of the Islamist group stormed across Israel's southern border...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.US to place second aircraft carrier in Mediterranean: White House
Washington, United States -- The second American aircraft carrier, the Dwight Eisenhower, will be placed in the Mediterranean Sea, coordinator for strategic communications at the National Security Council of the White House John Kirby said at a regular briefing for journalists."As you also know, the aircraft carrier USS Gerald R....UAE and US aim to speed up cooperation in clean energy, technology
Abu Dhabi, UAE-- The UAE and US have reviewed ways to accelerate cooperation in priority sectors such as clean energy, sustainable industrial development and advanced technology – areas where the UAE and US already share a successful track record.The discussion on the boosting of ties came up in a meeting...ExxonMobil to acquire Pioneer
This is the company's biggest takeover since 1990 acquisition of Mobil.US wholesale prices rise more than expected in September
Washington, United States - US wholesale prices rose more than expected in September, government data showed Thursday, as energy prices continued to climb.The producer price index (PPI) rose by 0.5 percent last month, building on August's 0.7 percent increase, according to data from the Labor Department.This was above the median expectation...