Wall Street's three main indexes ended a volatile August on a tepid note Thursday after data showed the Fed's preferred gauge of inflation -- the personal consumption expenditures index -- ticked a little higher in July.

RIYADH, SAUDI ARABIA -  Agri-Nutrients SABIC, in cooperation with the American companies ADM and BiOWiSH has helped farmers achieve high productivity using sustainable and cost-efficient methods.Through these collaborative efforts SABIC aims to help reduce the carbon footprint in the agricultural supply chain, especially after the company obtained the world's first...

No Iraqi officials or security sources have been able to tell AFP why the killing of Stephen Troell took place in a city where such attacks on foreigners have been rare in recent years. Troell had lived with his wife and children in the Iraqi capital for at least two years....

Media rights are a huge earner for the Board of Control for Cricket in India (BCCI), one of the richest governing bodies in global sport owing to the game's immense and fanatical local fanbase. India plays 88 international matches over the rights period, translating to roughly $8.2 million per game...

In a bid to address the concerns, Microsoft will unbundle Teams from its Microsoft 365 and Office 365 suites in the European Economic Area and Switzerland from October 1, the company's vice president on European government affairs, Nanna-Louise Linde, said. Customers will now be able to buy the software without...

London, Britain - The Biden administration has implemented restrictions on the sale of Nvidia's advanced microchips to certain Middle Eastern countries, citing rising worries about China's access to crucial artificial intelligence resources, Telegraph reported on Wednesday. Nvidia, a tech giant valued at $1.2 trillion, has been directed to obtain permission before...

Dubai, UAE--Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world's biggest fuel consumer, and as concerns about a hurricane in the Gulf of Mexico kept investors on edge.Brent crude futures for October climbed 31 cents, or 0.36%, to...

Online celebrities best known for posting about video games are also dropping in unexpected plugs for gasoline stations, fuel rewards and club cards. In India, Mexico, South Africa and the United States many spots were found that promoted major oil firms such as BP, Chevron, ExxonMobil, Shell and TotalEnergies on...

Manama, Bahrain--Bahrain and the United States have reviewed joint cooperation, partnership and strategic dialogue in the political, economic and security fields.The review came up in a meeting between Foreign Ministry Undersecretary for Political Affairs Dr. Shaikh Abdulla bin Ahmed Al Khalifa and Paul Dean, Principal Deputy Assistant Secretary in the...

The Republican delegation comprising French Hill, Ben Cline and Scott Fitzgerald entered Syria from Turkey through the Bab al-Salama border crossing, where they were welcomed by a banner reading "Welcome to Free Syria" and revolutionary flags. The delegation visited a hospital in Aleppo province and met orphans of the Syrian...

Rescue efforts were complicated by the location of the crash -- the remote and sparsely populated Melville Island about 60 kilometres (37 miles) north of the Australian mainland. "Recovery efforts are ongoing," US officials said, adding that an investigation into the cause of the incident had been launched.

Tehran, Iran--Iran and Russia are independent countries whose military cooperation is not subject to the dictates of the United States and its allies, Russian Deputy Foreign Minister says.Russia's military cooperation with Iran will not succumb to geopolitical pressure, Russian Deputy Foreign Minister Sergei Ryabkov said.Ryabkov said in response to a...

A court in Tehran has ordered the US government to pay $330 million in damages for "planning a coup" against the newly established Islamic republic in 1980, the judiciary said. A year after the 1979 Islamic revolution that toppled the US-backed Shah, a group of mostly army officers tried to...

Riyadh, Saudi Arabia  - Saudi Arabia has to not only enhance its defensive capabilities but also establish effective deterrence measures against Iran and its proxies, particularly in the context of its ambitious Vision 2030 initiative, a latest analysis by Middle East Institute (MEI) says. The policy brief authored by MEI analyst...

The US Federal Reserve is prepared to raise interest rates higher - and hold them there - to bring down above-target inflation, chairman Jerome Powell said. "We are prepared to raise rates …. until we are confident that inflation is moving sustainably down toward our objective," he told the Jackson...

MILWAUKEE, US - A crowded stage of talkative Republican politicians produced a messy debate in the race to be the party's presidential candidate, and also it created a few moments of surprise and curiosity.   The Trump tie?Donald Trump may have turned down his invitation to join the debate, but his influence...

Riyadh, Saudi Arabia--GCC Secretary General Jasem Albudaiwi has emphasized the importance of Gulf-US strategic relations that support joint cooperation and coordination across all fields.In a statement today, he highlighted the outcome of the joint meeting which was held last June between the GCC foreign ministers and the USA.The GCC chief...

A rally in Nvidia helped propel gains in global markets earlier this week, though traders could not keep up the buying owing to ongoing rate worries.

The gains, including a jump in US tech stocks, "looked more like a correction than a reaction to fresh news, as there was no fresh news that went against the slowing China rhetoric" or indication of a possible shift in policy by US monetary policymakers, said Swissquote Bank analyst Ipek...

The merger is expected to be completed by the end of Oct.

European stocks rebounded but Asian markets ended mixed after a Chinese rate cut failed to reassure investors. At midday, Paris stocks were up by more than one percent, with both Frankfurt and London also pushing higher. Market sentiment has taken a hammering this month by a string of weak data...

Dubai, UAE--Oil prices jumped about 1% on Friday on signs of slowing U.S. output, but both crude benchmarks also ended their longest weekly rally of 2023 on mounting concerns about global demand growth.West Texas Intermediate (WTI) crude futures gained 86 cents, or 1.1%, to settle at $81.25 a barrel, and...

China announced earlier Saturday that it had "launched joint air and sea patrols and military exercises of the navy and air force around the island of Taiwan", according to state media outlet Xinhua. The drills were conducted after Taiwan's Vice President William Lai made stopovers in the United States --...

The United States exploded off the blocks, opening up a 13-point gap on the Greeks six minutes into the first quarter. Despite questionable turnovers during patches of the game, the USA were a class apart as they extended their perfect record in World Cup tune-ups to 4-0 in games played...

Expectations of another Fed hike have pushed 10-year Treasury yields -- a gauge of future rates -- close to their highest levels since the global financial crisis. Data on Thursday did little to dissuade investors, with unemployment benefit applications falling the most since last month, indicating the labour market remains...

With support from a military force from neighboring Saudi Arabia, Bahrain crushed the 2011 protests which had demanded a constitutional monarchy and an elected prime minister.Bahrain faced US criticism at the time, with former president Barack Obama imposing an arms embargo for four years. But Obama's successor Donald Trump fully...

The value of the acquisition was reported to be $5.55bn.

The poorest country on the Arabian peninsula, Yemen's economy has collapsed in the eight years of war between Iran-backed Houthis and the Saudi coalition-backed government. The conflict has left hundreds of thousands of people dead and millions displaced, with the UN having accused all parties -- including in Saudi Arabia...

Dubai, UAE -- Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), reported 9.6 percent growth in its US equity holdings to US$38.9 billion in Q2, with electric vehicle manufacturer Lucid contributing just 16 percent of the increase despite representing 24 percent of the portfolio.Lucid continued to drag down the fund’s US public holdings with q-o-q...

Ankara, Turkey -- Turkey intensified talks with Ukraine, the United States, and the European Union on the grain deal in preparation for a possible meeting between Turkish and Russian Presidents Tayyip Erdogan and Vladimir Putin, TASS reported."The Ministry of Foreign Affairs, the Ministry of Defense, and the Ministry of Trade...

Dubai, UAE--Oil prices declined more than 1% on Monday as concerns about China's faltering economic recovery and a stronger dollar weighed against seven weeks of gains on tightening supply from OPEC+ output cuts.Brent crude futures fell $1.07, or 1.2%, to $85.74 a barrel by 0631 GMT while U.S. West Texas...

BEIRUT, LEBANON – The US is responsible for the military escalation in eastern Syria, where terrorist groups such as the Islamic State (outlawed in Russia) intensified their activities recently, the Syrian Arab Republic’s foreign ministry said."US forces are sponsoring terrorists, who are responsible for the August 10 ambush on Syrian...

Lahaina, a town of more than 12,000 and former home of the Hawaiian royal family, has been reduced to ruins, its lively hotels and restaurants turned to ashes. No emergency sirens were sounded, and residents have spoken of learning about the blaze because of neighbors running down the street yelling...

YOKOHAMA, JAPAN - Dressed up and ready for battle, around 10,000 Pokemon fans have descended here this weekend, looking for fun but also collector's item cards potentially worth serious money.Since the launch of Pokemon cards in 1996 following the hit computer game of the same name - meaning "pocket monsters" -...

WASHINGTON, US - Elon Musk said that his much-hyped cage fight with Mark Zuckerberg would take place in Italy, as authorities there confirmed talks about hosting a "great charity event."While any showdown between the two tech titans has yet to be officially confirmed, Musk said on Friday on his X social...

The two projects -- in Texas and Louisiana -- each aim to eliminate one million tons of carbon dioxide per year, equivalent in total to the annual emissions of 445,000 gas-powered cars. It is "the world's largest investment in engineered carbon removal in history," the Energy Department said in a...

The American network will launch the deal with broadcasts of two games on Monday featuring Ronaldo and Karim Benzema. Fox's deal was for 100 matches this season and for both English and Spanish language rights. The matches will feature on Fox Sports 2 and Fox Deportes as well as Fox...

In Asian stock market trading, Hong Kong extended the week's losses Friday, even as e-commerce titan Alibaba surged on a forecast-busting rise in revenue.

A highly anticipated report showed July consumer prices rose more than the previous month but less than feared, giving the US central bank room to take a lighter touch with monetary policy after more than a year of tightening.The data also showed closely watched core inflation was easing, while jobless...

Based on the agreement, five Iranian prisoners in the US and five American prisoners in Iran will be exchanged," the official IRNA news agency reported, quoting an informed source. It reported that the deal with the US includes releasing an amount of $6 billion of Iranian money frozen in South...

United Nations, United States--The United States on Wednesday accused Sudan of having threatened to expel the United Nations mission from the war-torn country if the UN envoy, already in Khartoum's crosshairs, speaks before the Security Council on the atrocities of the conflict.During a session devoted to Sudan and South Sudan, US...

Tehran, Iran -- Oman has said it has been making efforts to facilitate regional and international cooperation by with the active participation of Iran.In a telephone conversation with his Iranian counterpart on Tuesday, Omani Foreign Minister Sayyid Badr Albusaidi referred to the recent talks between Iranian President Ebrahim Raisi and...

Paris, France -- Taiwanese chipmaker TSMC agreed Tuesday on a multibillion-dollar deal to build a plant in Germany, part of a push to put Europe at the center of the global semiconductor industry.The United States and China are embroiled in a fierce rivalry to dominate the chip industry, and Europe is...

The investment giant was hit by a drop in the share prices of major holdings.

Russia, which was not invited to the summit, said that a resolution was possible if Ukraine "stopped the hostilities and terrorist attacks" and if Western countries stopped arms supplies to Kyiv. It also called on Ukraine to cede its occupied territories to Moscow.

The drop in exports was bigger than expected and the heaviest since a 17.2 percent plunge in January-February 2020, when the economy came to a standstill in the early weeks of the Covid-19 pandemic. Apart from a brief rebound in March and April, exports have been in constant decline since...

The twice-impeached Republican, who is seeking a return to the White House in 2024, has unleashed a stream of invective against those prosecuting him or running the case in which he faces charges over attempts to overturn the 2020 election results and defraud the United States. His latest target: US...

Iraq's judiciary issued arrest warrants at the beginning of March for four men, including a former finance minister and staff members of former prime minister Mustafa al-Kadhemi, who Baghdad says all live outside the country. Haider Hanoun, the head of the Iraqi Commission for Integrity said that Interpol had issued...

TEHRAN, IRAN - Iran on Sunday appointed Mohammed Jafar Montazeri, who is under US and British sanctions, to head the Islamic republic's top court.Montazeri was named the supreme court chief after the "opinions of all the court judges" were taken into consideration, the judiciary's Mizan Online website said.The 75-year-old, who had...

A US central bank official said that more interest rate hikes "will likely be needed" to bring inflation down further, shortly after policymakers lifted rates to the highest level since 2001. Federal Reserve governor Michelle Bowman said she supported the policy-setting Federal Open Market Committee's decision for a rate hike...