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Business

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Apple unveils budget-friendly iPhone 16e with AI features
Apple launches $599 iPhone 16e, its version of budget AI

CUPERTINO, California: Apple is expanding its lineup with a new budget-friendly device, the iPhone 16e, aiming to attract cost-conscious...

Nikola Corp files for Chapter 11 bankruptcy amid EV industry struggles
Nikola goes bankrupt, to sell assets in the latest EV market turmoil

COOLIDGE, Arizona: Nikola Corporation has filed for Chapter 11 bankruptcy protection, marking another major collapse in the struggling...

Thames water secures legal lifeline, avoids collapse
Judge approves emergency plan to save utility Thames Water

LONDON, U.K.: A judge has approved an emergency financial plan to prevent Britain's largest water company, Thames Water, from collapsing,...

U.S. stocks tumble as Trump policies startle investors
U.S. stock markets sour, Dow Jones dives 749 points

NEW YORK, New York - Concerns over U.S. President Donald Trump's startling diversions from his country's long-held policies, and the...

Southwest Airlines cuts 1,750 corporate jobs in first-ever layoffs
Southwest Airlines slashes 15% corporate workforce, first in 15 years

DALLAS, Texas: Southwest Airlines is laying off 1,750 employees, or 15 percent of its corporate staff, in the company's first significant...

Australian central bank cuts interest rates for first time since 2020
Australian central bank cuts first benchmark interest rate since 2020

MELBOURNE, Australia: Australia's central bank has cut its benchmark interest rate for the first time in more than three years, signaling...

Middle East

Section
Brazil joins OPEC+ ahead of key UN climate summit
Brazil to join OPEC+, group of major oil-exporting nations

BRASILIA, Brazil: Brazil has officially approved joining OPEC+, aligning itself with the world's major oil-exporting nations just months...

US Navy confirms collision of aircraft carrier near Egypt
US Navy aircraft carrier collides with merchant ship near Egypt

WASHINGTON, D.C.: The U.S. military operates 11 aircraft carriers, and any serious damage that forces one out of service could put...

"Frightened and frustrated...had been staged": Mother of Israeli hostage Evyatar David after watching Hamas video
"Frightened and frustrated...had been staged": Mother of Israeli hostage Evyatar David after watching Hamas video

Tel Aviv [Israel] February 23 (ANI): Galia David, the mother of hostage Evyatar David, has spoken out about the emotional turmoil she...

Israel Escalates Counter Terror Ops, deploys tanks in West Bank area
Israel Escalates Counter Terror Ops, deploys tanks in West Bank area

Tel Aviv [Israel] February 23 (ANI) Israel tanks were seen in Jenin city on Sunday as the country's army announced an expansion of...

US Secy of State Marco Rubio affirms Iran can never be allowed to possess nuclear weapon
US Secy of State Marco Rubio affirms Iran can never be allowed to possess nuclear weapon

Washington, DC [US], February 23 (ANI): United States Secretary of State Marco Rubio has affirmed that Iran can never be allowed to...

UAE President, VPs wish Pope Francis speedy recovery
UAE President, VPs wish Pope Francis speedy recovery

ABU DHABI,23rd February, 2025 (WAM) - President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message to His Holiness...