Meta Posts Big Profit, Aims To Take AI Lead
Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its artificial intelligence infrastructure in the year ahead.
Israel Cuts Ties With UN Aid Agency Supporting Palestinians
Israel will cut ties with the UN agency for Palestinian refugees on Thursday following accusations it provided cover for Hamas militants, a move likely to hamper delivery of its vital services after 15 months of war in Gaza.
Shell Annual Profit Drops To $16 Bn As Oil Prices Fall
British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs.
Dubai Airport Sees Record 92.3 Million Passengers In 2024
A record 92.3 million passengers travelled through Dubai's international airport last year, its operator said on Thursday, underlining the Gulf city's economic boom.
Philippines To Remove US Missile System If China Ends 'Coercive Behaviour'
President Ferdinand Marcos said Thursday his government will remove a US missile system from the Philippines if Beijing ends its "aggressive and coercive behaviour" in the contested South China Sea and ceases claiming Filipino territory.
France, Germany Stall Eurozone Growth In Fourth Quarter
Eurozone growth slowed to a halt in the fourth quarter last year, dragged by contractions in major powers Germany and France which were held back by economic headwinds and political instability.
Victory For Mafia Waste Victims In Italy's 'Land Of Fires'
Europe's top rights court on Thursday ruled that Italy had failed to protect nearly three million people living in a region blighted by toxic waste dumped by the mafia, and gave the government two years to fix the situation.
Australia Says Reliance On Coal-fired Power Drops To Record Low
Australia's reliance on coal-fired power stations has dropped to a record low, accounting for less than 50 percent of its electricity for the first time, the market operator said Thursday.
EU Holds Auto Talks To Revive Embattled Car Sector
EU talks to relaunch Europe's embattled car industry are to get underway on Thursday, with automotive CEOs awaited in Brussels to discuss fines and competition from China.
Plane Carrying More Than 60 Collides With Helicopter, Crashes In Washington
A US passenger plane carrying 64 people crashed into Washington DC's chilly Potomac River after colliding midair with a military helicopter on a nighttime training exercise Wednesday, prompting a major emergency response and the grounding of all flights.
Israel, Hamas Poised For Third Hostage-prisoner Exchange
Israel and Hamas were set to carry out their third hostage-prisoner exchange on Thursday, with three Israelis and five Thai captives slated for release as part of a ceasefire deal aimed at ending the Gaza war.
Man City, PSG Stay Alive In Champions League As Arsenal Reach Last 16
Manchester City came from behind against Club Brugge to reach the Champions League knockout phase, where they were safely joined by Paris Saint-Germain as Arsenal qualified directly for the last 16 on Wednesday in the final round of league-phase matches.
Germany's Far-right 'Firewall' Under Strain As Migration Debate Flares
An angry pre-election showdown on immigration flared in Germany's parliament Wednesday as the conservative opposition said it would accept support from lawmakers of the far-right AfD, breaching a long-standing taboo.
Tesla To Report Results For 1st Time Since Trump Elected President
Tesla is set to report earnings Wednesday for the first time since President Donald Trump -- a close ally of CEO Elon Musk -- returned to the White House.
US Fed Expected To Hold Rate Steady Despite Trump Pressure To Cut
After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause until the data changes, despite pressure to cut from President Donald Trump.
Hamas Accuses Israel Of Delaying Gaza Aid
Hamas officials accused Israel on Wednesday of delaying aid deliveries to Gaza and jeopardising a truce and hostage release deal, an allegation Israel dismissed as "fake news."
OpenAI Tailors Version Of ChatGPT For US Government
OpenAI on Tuesday launched a bespoke version of its ChatGPT artificial intelligence tool for use by the United States government.
Putin Says Talks With Ukraine Possible, But Not With Zelensky
Russian President Vladimir Putin said Tuesday that his country could hold peace talks with Ukraine, but ruled out speaking directly with President Volodymyr Zelensky, whom he called "illegitimate".
Who Might Buy TikTok In The US?
As the clock ticks down on TikTok's 75-day reprieve from divesting from its Chinese owners or being banned in the United States, several contenders are in the running.
Upstart DeepSeek Faces Heightened Scrutiny As AI Wows
With around six million dollars and a stockpile of chips acquired before Washington banned their export to China, startup DeepSeek has produced what Chinese tech titans couldn't -- a world-class AI chatbot.
Prayer And Dance: Hundreds Of Millions In Asia Celebrate Year Of The Snake
From incense offerings and vibrant lion dances in Beijing to prayer rituals at temples in Bangkok and Taipei, hundreds of millions of people across Asia celebrated the Lunar New Year on Wednesday, ushering in the Year of the Snake.
DeepSeek's 'Sputnik Moment' Exposes Holes In US Chip Curbs
US export controls on high-tech chips may have inadvertently fuelled the success of start-up DeepSeek's AI chatbot, sparking fears in Washington there could be little it can do to stop China in the push for global dominance in AI.
The firm, based in the eastern Chinese city of Hangzhou, has stunned investors and industry insiders with its R1 programme, which can match its American competitors seemingly at a fraction of the cost.
Red Tape And Rare Earths: EU 'Compass' Charts Economic Future
Promising a "simplification shock", the EU will unveil a much-anticipated blueprint to revamp Europe's economic model on Wednesday, as the bloc struggles to keep up with China and the United States.
15 Dead In India Stampede At Hindu Mega-festival
A pre-dawn stampede at the world's largest religious gathering killed at least 15 people in India Wednesday, with many more injured after a surging crowd spilled out of a police cordon and trampled bystanders.
Rwanda, DR Congo Leaders In Crisis Summit As Goma's Fate Hangs In Balance
The president of crisis-hit Democratic Republic of Congo was set to meet his Rwandan counterpart at an emergency summit on Wednesday, as fighters backed by Kigali appeared on the brink of seizing the key city of Goma.
Beyonce And The Grammys: A Tense Relationship Again At A Head
Beyonce is the most decorated artist in Grammys history, and her album releases have both triggered cultural earthquakes and reshaped music industry norms.
Trump Offers Federal Workers Exit Package As Funding Freeze Sows Chaos
President Donald Trump on Tuesday offered most federal workers the option to leave their jobs in exchange for eight months severance, in his most radical move yet to drastically overhaul the government.
Serbia's Students Vow More Anti-graft Protests Despite PM Resignation
Students in Serbia vowed to continue protesting even after the country's Prime Minister Milos Vucevic announced his resignation on Tuesday, following weeks of mass demonstrations over the fatal collapse of a train station roof in November.
Israel Defies UN And Vows To Cut Ties With UNRWA, With US Blessing
Israel, backed by Washington, will cease contact with the UN's Palestinian humanitarian relief agency UNRWA and any other body acting on its behalf, its UN envoy said Tuesday, drawing condemnation from aid groups.
New Backlash Over Trump Plan To Move People Out Of Gaza
An idea floated by US President Donald Trump to move Gazans to Egypt or Jordan faced a renewed backlash Tuesday as hundreds of thousands of Gazans displaced by the Israel-Hamas war returned to their devastated neighbourhoods.