Sept 20 – U.S. stock index futures edged lower on Friday, taking a breather from the previous session’s rally that set Wall Street’s main indexes on track for weekly gains. This pullback follows the Federal Reserve’s recent pivotal stance on monetary policy, which has been a major focus for investors throughout the week. A Historic … Read more
Dubai/London, Sept 19 – The AlShaya Group, which operates the Starbucks franchise across the Middle East, North Africa, and Central Asia, has reportedly put the sale of a minority stake in the business on hold. The decision to pause the process stems from the ongoing geopolitical instability and consumer boycotts in the region, which have … Read more
BEIRUT, Sept 17 — Hezbollah has vowed to retaliate against Israel following accusations that the Israeli military was behind a series of pager explosions across Lebanon on Tuesday. These explosions resulted in the deaths of nine people and injured nearly 3,000 others, including Hezbollah fighters and Iran’s envoy to Beirut. Lebanese Information Minister Ziad Makary … Read more
JEDDAH, Sept 17 – A captivating spectacle has unfolded across Saudi Arabia as three retired airplanes, once the pride of Saudi Airlines, make their way from Jeddah to Riyadh. Mounted on trailer trucks, these aircraft have sparked a wave of excitement and curiosity, drawing attention and admiration from people across the Kingdom. The journey, which … Read more
NEW DELHI, Sept 17 — In a major political shift within Delhi’s governance, Arvind Kejriwal, the prominent leader of the Aam Aadmi Party (AAP), has designated Delhi Minister Atishi as his successor to the role of Chief Minister. This strategic move comes as Kejriwal faces ongoing legal challenges and aims to focus on his campaign … Read more
Nysa, Poland – Sept 17 – In the town of Nysa, located in southern Poland, volunteers and emergency services are working tirelessly to strengthen flood defenses after heavy rains have caused catastrophic flooding across Central Europe. This severe weather event has led to the tragic loss of at least 18 lives in various countries, with … Read more
The U.S. State Department approved a potential arms deal with Taiwan, valued at roughly $228 million. The sale involves critical spare parts aimed at ensuring the continued readiness of Taiwan’s military. These parts will be returned, repaired, and shipped from U.S. government reserves, reflecting Washington’s ongoing, though informal, military backing of Taiwan. As tensions with … Read more
Islamabad, Sept 15 – In a welcome move for consumers across Pakistan, the government has announced a Rs10 per liter reduction in the price of petrol, effective from midnight. This decision comes as global oil prices have fallen over the past fortnight, and marks the fourth consecutive price cut in the last two months. A … Read more
HANOI, Sept 15 – Vietnam’s economic outlook for 2024 is experiencing a notable downward revision of approximately 0.15% due to the severe impacts of Typhoon Yagi, the most formidable storm to hit Asia this year. Nguyen Chi Dung, the Planning and Investment Minister, revealed that this adjustment is essential to reflect the extensive damage caused … Read more
SEPT 15, Iran achieved a major milestone in its space program by successfully deploying the Chamran-1 research satellite into orbit. Launched aboard the Qaem-100 satellite carrier, the satellite has entered a stable orbit at an altitude of approximately 550 kilometers (340 miles). According to Iranian state media, the satellite is operational, and initial communication signals … Read more