Syria’s new authorities to help locate missing Americans: US envoy
Damascus, Syria -- Syria's new authorities have agreed to help the United States locate and return Americans who went missing in the war-torn country, a US envoy said on Sunday. "The new Syrian government has agreed to assist the USA in locating and returning USA citizens or their remains," US...
Tokyo stocks rise on back of US Fed resolve to fight inflation
Tokyo shares opened higher Thursday after minutes from a Federal Reserve meeting showed that US central bankers are determined to fight inflation despite recession worries. The dollar was at 135.86 yen, compared with 135.93 yen on Wednesday in New York.China and US discuss global economic challenges, supply chains
Top officials from the United States and China held a "candid" video call on Tuesday to discuss global economic challenges, especially regarding supply chains. The exchange between Chinese Vice Premier Liu He and US Treasury Secretary Janet Yellen came as President Joe Biden considers lifting some tariffs on imports from...Israeli fire likely killed Abu Akleh but it may not be intentional: US
Palestinians reject the findings. A senior Palestinian Authority official said "we will not allow attempts to conceal the truth or to have shy references in pointing the finger of accusation (at) Israel".Oil prices may hit $380 a barrel if Russia lowers crude output
Global oil prices may hit $380 a barrel if Russia were to announce crude oil cuts in response to the US and European curbs.Israel to examine bullet that killed Al Jazeera journalist
Israel is to conduct a ballistics test on the bullet that killed Al Jazeera journalist Shireen Abu Akleh, the Israeli army said Sunday, a day after the Palestinian Authority handed the bullet to US experts.Tokyo equities climb up on back of Wall Street gains
Tokyo stocks opened higher on Monday as investors took heart from gains on Wall Street while staying cautious over the economic impacts of inflation. The dollar fetched 135.02 yen in early Asian trade, against 135.28 yen in New York late Friday.Palestinians give bullet that killed Abu Akleh to US forensic experts
The Palestinian Authority handed the bullet that killed Al Jazeera journalist Shireen Abu Akleh to US forensic experts on Saturday as it seeks to prove conclusively that it was fired by an Israel soldier.Qatar First Bank buys Gateway Plaza
The move aims to deepen Doha-based bank's presence in US real estate market.Taliban, US talk on quake aid, foreign reserves in Doha
Talks between the United States and the Taliban continued in Doha earlier this week to discuss earthquake aid, the State Department said Friday, months after the two parties last meet in the Qatari capital in March.China, Russia far from ousting US power in GCC: Vision 3 Chairman Khaled Janahi
Are China and Russia taking over the US power in the Gulf Cooperation Council region? Khaled Janahi, chairman of Vision 3, tends to disagree. “I would question the question because there are a lot of people thinking that already China and Russia are taking over. There is difference between relationship...Nuke deal revival still possible despite fruitless Qatar talks: Iran
The talks aim to bring the United States back into a 2015 deal jettisoned by the Donald Trump administration in 2018.US price increases held steady, consumer spending growth down: Report
The world's largest economy has been battered for months by a cresting inflation wave, made more painful by the surge in energy prices sparked after Russia's invasion of Ukraine.Iran-US talks in Qatar fail to make progress on nuclear deal
Indirect talks in Qatar's capital between Iran and the US on reviving a 2015 nuclear deal have concluded with "no progress made", a State Department spokesperson said late Wednesday. Foreign Minister Hossein Amir-Abdollahian had said Iran was "serious" about finalizing a deal in Doha, but that it wouldn't cross its...US, Iran chief negotiators to start nuclear talks in Qatar
US special envoy Robert Malley and Iran's Ali Bagheri have landed in Doha and met officials after more than a year of European Union-mediated talks in Vienna on a return to the 2015 agreement.Is Saudi Arabia close to having a normalization deal with Israel?
The United States has hinted that more Arab nations could take steps to improve ties with Israel, ahead of President Joe Biden's trip to the Middle East.US President seeks support for Ukraine from G7 leaders
G7 leaders including US President Joe Biden gather on Sunday in southern Germany, seeking emphatic backing for Ukraine against Russia's invasion while grappling with the intensifying global fallout of the war. Ahead of the talks, British Prime Minister Boris Johnson urged allies not to waver in their support.EU top diplomat bids to ‘reverse tensions’ on surprise Iran visit
European Union foreign policy chief Josep Borrell is set to travel to Tehran on Friday for a surprise visit that could breathe new life into stalled talks on reviving the 2015 Iran nuclear deal. Borrell was due to arrive in the Iranian capital at night to meet Foreign Minister Hossein...US President calls for fuel tax break to fight off inflation woes
Joe Biden pitched a temporary fuel tax break Wednesday to help American drivers face the highest inflation in four decades, but critics called it window dressing by an unpopular US president ahead of difficult midterm elections.US pledges support as Israel heads to elect new PM
Blinken, in a telephone call to Foreign Minister Yair Lapid, who will become caretaker prime minister confirmed that President Joe Biden still plans to visit Israel next monthGlobal personal luxury goods market hits US$300bn
The market benefited from an exuberant 2021 holiday shopping season across the regions, with a seven percent increase over the same period in 2019.UAE to attract super rich, say investment trends
One big factor for more HNWIs making their way to the UAE is the ongoing war in Ukraine which has triggered the biggest emigration of millionaires from Russia over the last six months, with forecast net outflows of 15,000 by the end of 2022 -- a massive 15% of its...Lebanon makes new maritime border offer to US mediator: Official
Lebanon Tuesday made a new offer to a visiting US mediator over a maritime border deal with Israel, holding back on demands for territory where Israel plans to imminently extract gas, an official said. Beirut's proposal however included a claim for all of a separate field that it had initially...Saudi Arabia adopts online registration for Hajj to combat scams
Saudi Arabia has required would-be hajj pilgrims from many Western countries to apply for visas via a government portal online, a move intended to crack down on "fake" travel agencies, officials told AFP on Monday. The new system was put in place as the kingdom prepares to welcome 850,000 Muslims...Iran and Venezuela sign 20-year cooperation deal
Iran and Venezuela signed a 20-year deal on cooperation between the two allies subject to US sanctions during a visit Saturday to the Islamic republic by Venezuelan President Nicolas Maduro.Tension spikes between Lebanon and Israel over gas field
Hundreds of people and several lawmakers protested Saturday in southern Lebanon against Israel moving a gas production vessel into an offshore field partly claimed by Beirut. Lebanon's powerful Iran-backed Hezbollah group this week warned Energean against proceeding with its activities.US President says ExxonMobil ‘made more money than God’
President Joe Biden on Friday slammed ExxonMobil for not producing more oil, as soaring gas prices deplete Americans' wallets and the US leader's popularity ahead of midterm elections.DMCC and Brooklyn Chamber of Commerce sign pact to promote trade
Dubai Multi Commodities Centre and Brooklyn Chamber of Commerce have signed an agreement to work together to promote trade and support the international expansion of American businesses through Dubai. DMCC will work with the Brooklyn Chamber to support New York-based businesses in setting up their operations in Dubai, utilizing the...European equities retreat before US inflation data
European stock markets retreated at the open Friday following losses in Tokyo, with all eyes on US inflation data and its impact on the outlook for interest rate rises. London's benchmark FTSE 100 index dropped 0.5 percent to 7,442.31 points.Western powers call on Iran to cooperate with IAEA
The US, Britain, France and Germany on Wednesday urged Iran "to fulfill its legal obligations, and cooperate with the IAEA", after the International Atomic Energy Agency adopted a resolution formally criticizing Tehran.Twitter agrees to share data with Musk to end standoff
Twitter will yield to Elon Musk's demand for internal data central to a standoff over his troubled $44 billion bid to buy the platform, US media reported on Wednesday. The news comes just days after the Tesla chief threatened to back out of his deal to purchase Twitter.Iran disconnects cameras at nuclear sites as IAEA set for censure vote
IAEA head Rafael Grossi told reporters on Monday that it would be "a matter of just a few weeks" before Iran could get sufficient material needed for a nuclear weapon if they continued to develop their program.US to follow facts on killing of Shireen Abu Akleh: Blinken
US Secretary of State Antony Blinken promised Tuesday to pursue accountability over the killing of journalist Shireen Abu Akleh wherever facts lead, amid heated dispute between Israeli and Palestinian authorities on how she died.Stock markets up globally as China eases lockdown
Adding to the upbeat mood were comments from US commerce chief Gina Raimondo that she was considering lifting tariffs on some goods from China to help in the battle against inflation.Lebanon seeks US intervention as Israel shifts gas production vessel
Lebanese officials said Sunday that any Israeli activity in disputed waters would constitute a "hostile act" and an "attack" on Lebanon's natural resources.Western powers to censure Iran amid stalled nuclear talks
Major European countries and the United States are expected to seek to censure Iran when the UN atomic watchdog meets this week amid stalled talks to revive the 2015 nuclear deal.Turkey aid lifeline to Syria runs into roadblocks
Trucks loaded with humanitarian aid queue bumper-to-bumper amid the olive groves at the Turkish-Syrian border, waiting to be allowed across into war-torn Syria. Inside are baby nappies and blankets, but also 15-kilo (33-pound) bags of flour, bulghur wheat, sugar, chickpeas and peanut-based pastes for children suffering from malnutrition. Each month...US President delays trip to Saudi Arabia, Israel
US President Joe Biden has pushed back a possible trip to Israel and Saudi Arabia, US media reported Saturday. The trip would reportedly happen around the time Biden travels to a NATO summit in Spain and Group of Seven summit in Germany later this month.Iran seized Greek oil tankers in retaliation: Supreme leader
Iran's supreme leader on Saturday said that the country's seizure of two Greek oil tankers late last month was in retaliation against Greece because it "stole" Iranian oil. The Revolutionary Guards boarded and took control of the two vessels in the Gulf on May 27, citing "violations", which Greece condemned.Iran threatens immediate response to political action by IAEA
Iran said Friday it will respond immediately to any "political" action at a looming meeting of the UN nuclear watchdog, after the US vowed to join Europeans in urging Tehran's cooperation.US adds nearly 400,000 jobs in May, jobless rate 3.6 percent
Restaurants and hotels that were decimated due to Covid-19 showed a strong recovery in May, adding 84,000 positions, the data showed.In Iraq, black community still on the margins
Centered in the city of Zubair, near Basra in the far south of Iraq, the community has its origins in East Africa.Russia warns of conflict with US over arms deliveries to Ukraine
The planned delivery of new US weapons to Ukraine, including advanced missile systems, increases the risk of drawing the United States into direct conflict with Russia, Moscow said Wednesday. On Tuesday, Washington said it will be supplying Ukraine with advanced missile systems, including the Himars multiple-launch rocket system.US to send advanced rocket systems to Ukraine: Biden
President Joe Biden has said the United States will send more advanced rocket systems to Ukraine, as Russian troops press their ferocious bid to complete the capture of a key eastern city.US warns Yemen truce talks in ‘trouble’ as it pushes for extension
The United States warned Tuesday that talks on Yemen's two-month truce were in "trouble" as it pushed for an extension to help support millions at risk. Talks to extend the pause in fighting "haven't ended yet but seem to be in a bit of trouble," said Linda Thomas-Greenfield, the US...US Central Bank needs to hike interest rates till inflation drops : Governor
The US central bank needs to keep raising interest rates in big steps until inflation starts to come down, Federal Reserve Governor Christopher Waller said Monday. The Fed early this month announced the biggest increase in the benchmark interest rate since 2000, following a smaller hike in March, as it...Equities make broad rally as China relaxes Covid curbs
Markets rose Monday as investors rediscovered some verve after the release of healthy US data and as China eases some of its strict Covid curbs in Shanghai and Beijing, lifting hopes for the world's number two economy. The US reading lent hope that the worst of the inflation surge may...With $22bn in bilateral trade, UAE-US economic ties set to grow
The UAE and US economic ties are expected to grow in healthcare, energy sustainability, space, and digital economy, with the bilateral trade touching $22 billion between the two countries.Filing says Elon Musk to borrow less for Twitter bid
Elon Musk notified US regulators on Wednesday that he will rely less on loans in his bid to buy Twitter, as he and partners put $33.5 billion into the deal. Musk has been courting major Twitter investors in the hope of getting them to partner with him in taking the...Iraqi arrested in plot to kill ex-president Bush
Shihab Ahmed Shihab, 52, told an FBI informant that he wanted to smuggle at least four other Iraqis into the country over the border with Mexico to undertake the plot.Tokyo stocks open lower after US stocks slide
Tokyo stocks opened lower on Wednesday after US stocks mostly retreated on concerns about growth following a profit warning from the owner of Snapchat that shocked the tech sector. The benchmark Nikkei 225 index was down 0.13 percent, or 36.02 points at 26,712.12 in early trade.