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Business

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Citgo posts $82 million Q1 Loss, reversing last year’s $410M profit
Citgo posts $82 million loss in Q1 amid weak margins

HOUSTON, Texas: Citgo Petroleum, the Houston-based refiner owned by Venezuela, posted a net loss of US$82 million for the first quarter,...

April exports in Taiwan surge ahead of possible US tariffs
Taiwan April exports jump 30% ahead of US tariffs

TAIPEI, Taiwan: Taiwan's exports grew much more than expected in April, as buyers rushed to purchase its high-tech products before...

Dow Jones drops 270 points at close as inflation slows
Tame CPI boosts US stocks, Nasdaq Composite jumps 302 points

NEW YORK, New York - A better-than-expected CPI reading sent the Standard and Poor's 500 and the Nasdaq Composite higher on Tuesday,...

Air Canada cuts profit forecast amid weaker US travel demand
Air Canada lowers annual core profit forecast as US travel slows

MONTREAL, Canada: Air Canada has cut its annual core profit forecast and missed first-quarter revenue estimates, citing a drop in U.S.-bound...

Apple’s AI Safari push threatens Google’s iPhone search dominance
Apple offers AI search options on Safari, hits Google dominance

CUPERTINO, California: Apple's plan to introduce AI-powered search options on its Safari browser poses a major challenge to Google,...

Foreign workers drive post-pandemic growth in eurozone: ECB
Foreign workers a key driver of eurozone growth

FRANKFURT, Germany: Foreign workers have emerged as a critical force behind the euro zone's economic growth since the pandemic, offsetting...

Middle East

Section
Food authority forecasts 500,000 in Gaza will die of starvation
Hundreds of thousands of Gazans being starved to death as world watches

Gaza Faces Imminent Famine as Aid Blockade Enters 70th Day, UN Warns The entire population of Gaza is now at critical risk of famine,...

UN Body Accuses Israel of Systematic Torture, Sexual Violence
'World cannot remain silent,' on Gaza: UN Special Committee

AMMAN, Jordan - A United Nations investigative committee has accused Israel of inflicting unimaginable suffering on Palestinians under...

Egypt: Apparent Extrajudicial Killings
Egypt: Apparent Extrajudicial Killings

(Beirut) - Egyptian Ministry of Interior officers on April 10, 2025, apparently killed two men in northwest Egypt hours after their...

On behalf of UAE President, Crown Prince of Abu Dhabi leads UAE delegation to Gulf-US Summit in Riyadh
On behalf of UAE President, Crown Prince of Abu Dhabi leads UAE delegation to Gulf-US Summit in Riyadh

ABU DHABI, 14th May, 2025 (WAM) -- On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. Sheikh Khaled bin Mohamed...

Saudis use burgers to impress Trump
Saudis use burgers to impress Trump

The US presidents love for the Big Mac has long been documented Saudi Arabia has rolled out a mobile McDonald's truck outside the...

Israeli airstrikes kill at least 65 in Gaza
Israeli airstrikes kill at least 65 in Gaza

GAZA, 14th May, 2025 (WAM) -- At least 65 Palestinians were martyred early Wednesday in Israeli airstrikes across the Gaza Strip, with...