Revenues rose seven percent to $11.3 billion.

Qamishli, Syria - Hundreds of northeast Syrian villages and towns have lost power after Turkish strikes pounded electricity stations and infrastructure, the region's semi-autonomous Kurdish administration said on Monday.The Kurdish administration said Turkey launched a slew of strikes since Friday, mostly concentrated on infrastructure including power stations and oil refineries.Turkey said...

"China has always firmly opposed any form of official exchanges between the United States and Taiwan, and resolutely rebutted the United States for interfering in Taiwan's affairs in any way and under any pretext," foreign ministry spokeswoman Mao Ning told a regular press conference.

The Houthis have said they are acting in solidarity with the besieged Gaza Strip, where Hamas fighters have been battling Israel forces for more than three months. Earlier, the United States denied Yemeni rebel reports that it carried out new attacks Sunday on rebel targets in Yemen.

Violence involving Iran-aligned groups in Yemen, Lebanon, Iraq and Syria has surged since the war in Gaza began in early October. The Houthis, who say they are acting in solidarity with Gaza, have carried out a growing number of attacks on what they deem Israeli-linked shipping on the key Red...

Saturday's marches held particular significance given US and British air strikes in Yemen this week against Houthi bases, after the Iran-backed fighters attacked ships in the Red Sea in solidarity with Gaza. The day of action, called by a British organizing coalition, involved protests in 30 countries.

Health officials in Hamas-ruled Gaza said that Israeli strikes overnight killed at least 60 people in the besieged territory, which was also grappling with a telecommunications blackout on the war's 99th day. Fears of the conflict widening intensified after US and British forces struck Houthi rebels in Yemen following attacks...

The move comes hours after US and UK forces launched strikes against the Houthi rebels, seeking to halt their repeated attacks on shipping in the Red Sea. The Houthi's attacks, which the group says are in protest at Israel's war against Hamas, has forced cargo ships to avoid the Suez...

Crude prices spiked more than four percent before ebbing somewhat after the allies launched deadly strikes following weeks of disruptive rebel attacks on Red Sea shipping. An analyst at SEB bank said if the US-UK attacks were unsuccessful in destroying Houthi weapons, and oil tankers need to go around Africa,...

The UN Security Council will hold an emergency meeting over the strikes carried out by the United States and Britain against Houthi rebels in Yemen, the chamber's presidency said. France, which holds the rotating presidency for the month of January, said the emergency meeting had been requested by Russia.

DUBAI, UAE - Yemen's Houthi rebels, who vowed to retaliate against US and British strikes early on Friday against key military sites, have built up a significant arsenal, including cruise missiles and drones.Since the Israel-Hamas war broke out on October 7, the Iran-backed Houthis have carried out a spate of attacks...

Oil prices surged four percent after US and UK forces launched strikes against Iran-backed Houthi rebels after attacks on ships in the Red Sea, fueling worries about a wider conflict. Tokyo and European stock markets ended the week with gains as traders brushed off data showing US inflation rose more...

"First of all, they are not proportional. All of these constitute disproportionate use of force," Erdogan told journalists after Friday prayers in Istanbul. Oman, a mediator in attempts to end Yemen's long-running civil war, expressed its "worry" at the strikes on Houthi rebel military targets that, according to the Houthis,...

Houthi attacks in the Red Sea caused a shortage of parts.

US President Joe Biden termed the the US and British strikes a "defensive action" after the Red Sea attacks, and said he "will not hesitate" to order further military action if needed. The strikes involved fighter jets and Tomahawk missiles, several US media outlets said. US officials did not immediately...

The man-made waterway - which officially opened in 1869 - is crucial for Egypt, earning it $9.4 billion in transit fees in the fiscal year 2022/23. Since the Iran-backed Houthis began attacking ships in response to Israel's bombardment of the Gaza Strip, companies have opted for the far longer route...

King Abdullah, in a meeting Sunday with US Secretary of State Antony Blinken, called on the United States to press Israel for an "immediate ceasefire" and to put an end to the humanitarian crisis brought by the Gaza war. King Abdullah had also warned Blinken against "the catastrophic repercussions of...

WASHINGTON, US - The World Bank expected the UAE's real GDP to grow by 3.4 percent in 2023, rising to 3.7 percent in 2024 and to 3.8 percent in 2025.According to the Global Economic Prospects report released on Tuesday, the World Bank forecast the growth in the Gulf Cooperation Council...

Tokyo, Japan - Tokyo stocks closed higher on Tuesday on the back of gains in US tech stocks, pushing the Nikkei index to a 33-year high.The benchmark Nikkei 225 index climbed 1.16 percent, or 385.76 points, to end at 33,763.18, while the broader Topix index added 0.82 percent, or 19.55 points,...

Global growth is set to slow from an estimated 2.6 percent in 2023 to 2.4 percent this year, 0.75 percentage points below the average of the 2010s, the World Bank said in its latest report on the health of the global economy. If the forecast proves accurate, 2024 would mark...

US top diplomat Antony Blinken also said all the leaders on his tour, which took him to six countries before heading to Israel, had agreed to work with the US to help Gaza's recovery and long-term stability. He was speaking after meeting Crown Prince Mohammed bin Salman in a lavish...

In an attempt to lower recriminations in the relations between the two countries, President Joe Biden met Chinese counterpart Xi Jinping in San Francisco in November for talks that both sides described as a qualified success. Beijing and Washington have butted heads in recent years on flashpoint issues from technology...

Hong Kong, China - Asian markets stumbled out of the gates Monday, extending last week's grim start to the year, after a forecast-busting US jobs report further dampened hopes for an early interest rate cut.The keenly awaited non-farm payrolls data Friday showed the world's number one economy remains resilient despite interest...

"We have repeatedly expressed our views to the authorities of the countries of the region, including Iraq, and declared that the presence of American forces in any form whatsoever... would not help to maintain stability and peace," said Iranian foreign ministry spokesman Nasser Kanani.

WASHINGTON, US - Apple on Monday said it will release its highly anticipated Vision Pro mixed reality headset in the United States on February 2, in its first major release since the Apple Watch in 2015.Announced in June, the Vision Pro will cost a hefty $3,499 before tax, more than double...

It delivered 6,032 cars in 2023, the highest in its 119-year history.

Turkish Airlines said that it would stop flying five Boeing 737 MAX 9 jets in its fleet even as the US air safety regulator said it was grounding some of these jets pending inspections after a panel blew out of one of the planes in midair in the United States,...

The Houthis say they are targeting Israel and Israeli-linked vessels to push for a stop to the offensive in Gaza. The attacks are endangering a transit route that carries up to 12% of global trade, prompting the US to set up a multinational naval task force to protect Red Sea...

ISTANBUL, TURKEY - Hamas leader Ismail Haniyeh has called on US Secretary of State Antony Blinken to use his current Middle East tour to end Israel's "aggression" as war rages in Gaza.The top US diplomat arrived in Turkey on Friday at the start of a trip that includes planned visits...

Beirut, Lebanon - Lebanon's Hizbollah fired on Saturday over 60 rockets at an Israeli military base, the group said, describing the barrage as a response to the killing of Hamas's deputy leader in Beirut."As part of the initial response to the crime of assassinating the great leader Sheikh Saleh al-Aruri... the...

Most large international shipping companies have decided to reroute trading to avoid the Red Sea and Suez Canal through which 12 percent of world trade usually passes. The Houthis say the strikes are in solidarity with Palestinians in war-ravaged Gaza, which Israel has bombarded relentlessly for three months, in what...

Sudani, whose government relies on support from Tehran-aligned parties, has repeatedly said in recent weeks he would like to see foreign troops leave Iraq. But the latest remarks came amid soaring regional tensions, with the repercussions of the Israel-Hamas war, raging for nearly three months, increasingly felt in Iraq and...

Turkish President Recep Tayyip Erdogan has turned into one of the Muslim world's harshest critics of the scale of death and destruction happening in Gaza -- and of Washington's support for Israel. The US State Department on Friday announced $10 million rewards for information about five alleged Hamas foreign operatives...

China is a vital component in US-based Tesla's global layout.

Annalena Baerbock will hold talks with Israel's new Foreign Minister Israel Katz, as well as President Isaac Herzog, foreign ministry spokesman Sebastian Fischer told a regular press conference on Friday. She will also meet with Palestinian Authority president Mahmud Abbas and foreign minister Riyad al-Maliki.

NEW YORK, US - Former US president Donald Trump's businesses received at least $7.8 million from foreign governments including China during his time in the White House, a congressional report claimed.Officials from Saudi Arabia, India, Turkey and Democratic Republic of Congo were among some 20 countries' representatives who paid money to...

Baghdad, Iraq - A "US strike" in Baghdad on Thursday killed a military commander of the Hashed al-Shaabi, the ex-paramilitary force said, with an Iraq security official reporting two deaths in a drone attack."A drone targeted the logistical support headquarters of Hashed al-Shaabi," mainly pro-Iranian former paramilitary units integrated into the...

Saudi Arabia and Qatar condemned comments by two Israeli ministers calling for Palestinians to emigrate from the Gaza Strip. Israel's National Security Minister Itamar Ben-Gvir on Monday called for promoting "a solution to encourage the emigration of Gaza's residents" and the re-establishment of Israeli settlements in the Gaza Strip.

ACCRA, GHANA - A United Arab Emirates delegation led by Dr. Rashed Ali Al Kaabi, Assistant Minister of Foreign Affairs for Security and Military Affairs, participated in the United Nations’ Peacekeeping Ministerial Meeting here.The ministerial meeting was the first to be held in Africa with previous sessions taking place in...

The World Bank raised its target for climate-related projects from 35% of its annual financing to 45%. Given that the Bank's lending commitments in the most recent financial year were less than $130bn, the only way to get close to this target is by encouraging far greater private sector participation,...

The Essex County prosecutor, Ted Stephens, confirmed Hassan Sharif was shot more than once, and that "it does not appear the imam was the victim of a bias crime or that this is related to terrorism." Images published by the New Jersey chapter of the Council on American-Islamic Relations (CAIR) showed...

The two explosions -- labelled a "terrorist attack" by state media and regional authorities -- came amid high Middle East tensions over the Israel-Hamas war in Gaza and the killing of a Hamas senior leader in Lebanon on Tuesday. The unclaimed attacks, which sparked fears of a widening conflict in...

Antony Blinken will leave Washington on Thursday evening on a trip that will include Israel, marking his fourth trip to the region and fifth to Israel since Hamas fighters carried out the deadliest-ever attack inside Israel on October 7. No details have been offered about which Arab country he will...

Hong Kong, China - Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this week of Federal Reserve minutes and US jobs data.Equities surged in the...

Washington has called out both Ben-Gvir and Finance Minister Bezalel Smotrich, who have called for Israeli settlers to return to Gaza and for the territory's Palestinian inhabitants to leave. "Gaza is Palestinian land and will remain Palestinian land," the State Department said. Expelling civilians during a conflict or creating unlivable...

Tesla's stock slipped after the news was announced.

Following record highs in 2023 for the likes of Paris, Frankfurt and Tokyo, investors are predicting more gains as central banks prepare a series of interest-rate cuts as inflation cools. Oil prices rallied 2.5 percent on supply concerns after Iran dispatched a warship to the Red Sea in response to...

According to the Navy, the carrier will redeploy to its home port "as scheduled to prepare for future deployments." The Navy said it is"collaborating with Allies and partners" to shore up maritime security in the region, adding the Defense Department will continue to rely on the presence of its forces...

TEHRAN, IRAN - Iran's Alborz warship has entered the Red Sea through the strategic Bab al-Mandeb strait, Tasnim news agency reported on Monday, at a time of heightened tensions over the globally important waterway.The agency did not give specific reasons for its deployment, but noted that Iranian military vessels had operated...

The takeover was finalized for an undisclosed amount.