fighting and looting raged most of Thursday in the capital Khartoum and US diplomats were frank about the obstacles in the nearly week-long talks in Jeddah. "This is not a ceasefire. This is an affirmation of their obligations under international humanitarian law," said a US official involved in the talks,...

The International Monetary Fund warned of severe consequences if the US defaults on its debt, ahead of a rapidly-approaching deadline for the country to raise or suspend its borrowing limit. Republicans and Democrats remain sharply divided over the debt ceiling. Republicans in Congress insist that President Joe Biden's administration agree...

The dollar wobbled following strong gains in the wake of Friday's solid US labor market figures, while oil prices dropped on Chinese data suggesting that recovery in the world's number two economy was still taking time. Focus is now on Wednesday's consumer price index report for April and the following...

According to Statista's Global Consumer Survey, countries in Africa, Asia, and South America have higher crypto adoption rates than Western countries. Indonesia with 29 percent, and Brazil with 28 percent are other top crypto users. The rate of crypto adoption in the United States is 16 percent.

Microsoft-owned LinkedIn was one of the few US technology companies to successfully operate a social media site in China, where the internet is heavily regulated and censored. The US firm once achieved a rapid rise in the country, benefiting from a culture of connections, or "guanxi", in which one's contacts...

Since Musk bought Twitter, the company has relaxed the moderation of content on the network, letting back many users banned because of messages inciting hatred or spreading misinformation. Market trackers say Twitter revenues have fallen as advertisers avoid the platform.

Thanks to the jump in the fund, the Agriculture Innovation Mission (AIM) for Climate, launched in 2021, now surpasses its US$10 billion target for the COP28 climate talks, to be held by the UAE in November. The changing climate is threatening food security as global warming increases the frequency of...

"We continue to believe that we will not normalize our relations with the Assad regime and we don't support our allies and partners doing so either," State Department spokesman Vedant Patel said. The US opposes reconciliation with Syria and domestic law forbids any assistance for reconstruction without accountability for abuses...

The cost to secure thousands of inactive oil and gas wells in the US Gulf of Mexico could top $30 billion, as per research published weighing potential environmental damage against estimated price tag. With new US government funding available for plugging old fossil fuel wells, the authors focused on offshore...

In March, International Atomic Energy Agency (IAEA) chief Rafael Grossi visited Tehran after his agency's inspectors in the country found uranium particles enriched to just under weapons-grade level.

A second Rocket Lab-built vessel is due to launch in about two weeks carrying two more satellites to complete a small constellation of four storm-tracking satellites. The information gathered on rainfall, temperature and humidity could help scientists determine where a hurricane will make landfall and how intense it will be,...

AMMAN, JORDAN -  The ninth session of the Joint Jordanian-American Committee, which was held in the United States, discussed cooperation in trade, agriculture, food security and labor.Secretary General of the Ministry of Industry, Trade and Supply Dana Zoubi chaired Jordan's delegation and Deputy Representative of US Trade Jayme White represented...

Leaders in the United States and Europe sent congratulations to Britain's King Charles III and Queen Camilla on their coronation on Saturday, while China called for "cooperation" and "peace". Charles III was crowned monarch of the United Kingdom and 14 Commonwealth realms on Saturday at Britain's first coronation for 70...

However, fighting continues in the Sudanese capital, where the conflict has already claimed around 700 lives and displaced nearly 450,000 civilians, reports suggest.

Tehran, Iran--Iran's head of Supreme National Security Council (SNSC) considers the United States to be responsible for all of Israel's actions targeting the Iranian nuclear facilities and the people working for the Islamic Republic's nuclear program.Ali Shamkhani made the remarks in a tweet on Friday. According to Mehr News Agency,...

“The United States is a long-standing trade and investment partner for the UAE – and an important ally in the battle to develop alternative sources of energy,” said Al Zeyoudi, UAE's Minister of State for Foreign Trade.

Its operating profit came in at 60m euros.

The bank has urged shareholders to vote down the proposal.

Goldman has been criticized over its multiple roles with SVB, in which it was both advising the California bank and purchasing distressed debt in a deal that ultimately played a central role in SVB's collapse. SVB was seized by federal banking regulators on March 10 following a run on deposits...

Jake Sullivan said that the meetings will help carry forward some very tangible initiatives that will be unlike anything they have seen in the region in recent years.

Terming it as a "planned terrorist act and an attempt on the life of the President of the Russian Federation," Moscow said that two unmanned vehicles were aimed at the Kremlin and the devices were "put out of action." The statement said that Russia reserves the right to take retaliatory...

Banga was the sole nominee for the top job. He will begin his new role on June 2. President Joe Biden said in a statement that Banga "will help steer the institution as it evolves and expands to address global challenges that directly affect its core mission of poverty reduction...

Diplomatic efforts have intensified to end more than two weeks of war in Africa's third-largest country as warnings multiply about a "catastrophic" humanitarian crisis. Sudan's army chief Abdel Fattah al-Burhan and his deputy turned rival, Mohamed Hamdan Daglo, who commands the paramilitary Rapid Support Forces (RSF), "have agreed in principle...

Former president Michel Aoun's term expired in October, with no successor lined up. Countries including France, the United States and Saudi Arabia hold regular consultations on Lebanon. Their representatives met in February in Paris to discuss the crisis, without achieving any tangible progress.

The scientist warned about the potential spread of misinformation created by AI, telling the media that the average person will "not be able to know what is true anymore." While AI has been used to support human workers, the rapid expansion of chatbots like ChatGPT could put jobs at risk.

National Security Council spokesman John Kirby said he was not giving estimates of Ukrainian casualties because "they are the victims here. Russia is the aggressor." The White House will not put "information in the public domain that makes it any harder" for the close Western ally, whose army is being...

With its assets standing at $233 billion at the end of March, First Republic would be the second largest bank to fall in US history. The FDIC has said that it will enter into a purchase and assumption agreement with JPMorgan Chase Bank, National Association, Columbus, Ohio, to assume all...

Washington, United States--The US called on China Saturday to stop its "provocative and unsafe conduct" in the disputed South China Sea, after a Chinese coast guard ship recently cut off a Philippine patrol vessel there, causing a near-collision.State Department spokesman Matthew Miller, in a statement two days before President Joe Biden...

Amman, Jordan--Expressing his deep appreciation of the United States for its support to Jordan, King Abdullah has called for strengthening of ties with its longtime strategic partnership in a meeting with a US Congress delegation.The king, according to a royal court statement, received the delegation headed by US House Speaker...

Iran's President Ebrahim Raisi slammed the United States' presence in the Middle East, as he hosted his counterpart from neighboring Iraq for wide-ranging talks. Decades-old arch enemies the United States and Iran have vied for influence in Iraq since the 2003 US-led invasion toppled dictator Saddam Hussein. Both helped Iraq...

Amman, Jordan--The volume of trade exchange between Jordan and the US shot up in January and February 2023 to $745 million compared to $561 million for the same period in 2022.Foreign trade data issued by the Department of Statistics (DoS) showed that the value of Jordanian exports to the US...

The US Federal Reserve called for greater banking oversight while admitting to its own failures in a report published into the collapse of Silicon Valley Bank last month. "Following Silicon Valley Bank’s failure, we must strengthen the Federal Reserve’s supervision and regulation," Federal Reserve vice chair for supervision Michael Barr...

Germany, the EU's biggest economy, saw growth stagnate at zero percent over the previous quarter. Year-on-year, Germany was the only country in the single-currency zone to record a contraction, of 0.1 percent.

The US is "showing that one cannot engage in this sort of awful behavior of using human beings as pawns, as bargaining chips, without paying consequences," said a senior US official. Both agencies have already been hit with punitive measures by the US State and Treasury Departments in the past.

The German automaker said its revenues were up 8%.

Amman, Jordan - Jordan King Abdullah on Wednesday received a phone call from NATO Secretary General Jens Stoltenberg during which they discussed “the deep-rooted cooperation and strategic partnership,” in military, training, and defence areas, as well as joint efforts in countering terrorism.They also discussed regional and international developments, including the...

The airline's revenues were $12.2 billion, up 37 percent.

The US Navy demanded the immediate release of the tanker, saying it was transiting international waters in the Gulf of Oman and slammed Iran's "continued harassment of vessels". It is one of a spate of incidents since 2018, when then US president Donald Trump pulled out of a nuke pact...

Meta reported a profit of $5.7 billion in the first quarter of this year, beating forecasts after a massive wave of cost-cutting and layoffs.

US economic growth lost steam in the first quarter this year, said the Commerce Department, as the possibility of a mild recession brews while consumer spending weakens. Consumption provided a boost to the world's biggest economy, giving it a strong start to 2023, but banking sector turmoil and rising interest...

On Wednesday, after a harrowing overland journey and overnight boat trip across the Red Sea, Sudan evacuees who have fled to Saudi Arabia, grateful to have survived but wracked with guilt and worry for those the left behind. The fighting in Sudan pits forces loyal to army chief Abdel Fattah...

The International Energy Agency (IEA) said the rapid electrification of road transportation will have big implications for the energy industry as it will eliminate the need for five million barrels of oil per day by the end of the decade. World oil consumption averages just over 100 million barrels per day.

The UK's Competition and Markets Authority prevented the deal "over concerns... (it) would alter the future of the fast-growing cloud gaming market, leading to reduced innovation and less choice for UK gamers over the years to come", the CMA said in a final decision on its long-running probe.

Google found itself under pressure due to a general slowdown in advertising spending, over-hiring during a Covid-era boom and a major challenge by Microsoft on artificial intelligence. Most market attention was on Google, which became a focus of worry when Microsoft-backed ChatGPT was released and quickly went viral late last...

US consumer confidence fell more than many predicted in April, fueled by a deterioration in expectations among Americans over 55 and households with annual incomes over $50,000, according to survey data released. The pessimistic results may ease some of the pressure on the Federal Reserve as it prepares to consider...

NEW YORK, US - UAE Minister of State Khalifa Shaheen Al Marar urged United Nations Security Council members to peacefully resolve conflicts by promoting dialogue and cooperation between states.Al Marar said at the UNSC,  "Our sustained commitment to effective multilateralism, grounded in international law and the principles of the UN...

The firm will build an electric vehicle battery plant in the US.

State media reported that police held people suspected of financing the outlawed Kurdistan Workers' Party (PKK) or roping in new members to the group. The operation also involved suspects who transferred money to the PKK through from municipalities held by Turkey's main pro-Kurdish party, the Peoples' Democratic Party (HDP), report...

Analysts polled by the Swiss financial newswire AWP expected UBS's first quarter net profit to tick in at around $1.7 billion, down from $2.1 billion a year ago. Though it managed to rack up a $1.0 billion net profit for the first three months of 2023, UBS said it had...

Netflix, which spent more than 1 trillion won ($750 million) developing Korean content from 2015 to 2021, had previously said it would be expanding its South Korean show output, without giving details of spending plans. South Korea has cemented its status as a global cultural powerhouse in recent years, thanks in...