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Asian stocks retreat as AI worries outweigh steep oil-price drop
HONG KONG: Asian stock markets struggled on Tuesday after another AI-fueled tech selloff on Wall Street outweighed a plunge in oil prices and signs of a possible breakthrough in talks to end the Iran war. Investors were also watching the US midterm elections.
Egypt Accelerates Construction of 341km Sinai Railway Linking Arish and Taba
Egypt is accelerating the construction of a 341-kilometer railway line that will link Bir al-Abd, Arish, and Ras El-Naqab near Taba Airport. Transport Minister Kamel Al-Wazir recently inspected active work zones along the route, emphasizing the need to maintain round-the-clock operations to meet technical standards and construction schedules for this key infrastructure project.
Web Summit Qatar 2026 generated QR1 billion economic impact, report says
Web Summit Qatar 2026 has delivered a billion-riyal boost to the national economy, with its growing international appeal translating into higher visitor spending, increased business activity and fresh investment opportunities, reinforcing Doha’s emergence as a global technology and entrepreneurship hub. The four-day summit, held from February 1-4, generated approximately QR1.
Asian stocks mixed as tech sector struggles to rebound from selloff
Asian stocks were mixed Monday as investors struggled to recover from last week's tough run fuelled by disappointing earnings from tech titans, while eyes were also turning to the United States ahead of crucial midterm elections.
BEING rather than HAVING. A fascinating, practical STORY.
Frugality rather than power: Diogenes versus Alexander the Great. Or: Small versus big: David versus Goliath. Here and now: Astronomy repairs the power of bubbles.
Binance resumes withdrawals after more than $6 bn stolen in hack
Binance said that it had seen withdrawals of around $4.7 billion on Sunday, after more than $6 billion in virtual assets were stolen from the cryptocurrency exchange in a major hack the FBI said North Korea was responsible for.
Buzzy Holmes doc wins slow Halloween box office in N. America
"You Can See Everything," the documentary about jailed biotech fraudster Elizabeth Holmes that is generating major Oscars buzz, prevailed in a slow weekend at the Halloween box office in North America, industry estimates showed Sunday.
Trump's Republicans scramble to stop Democratic midterms wave
Republicans made a final push Sunday to prevent a predicted thumping in US midterm elections where Democrats are gunning to win Congress and impose a first political check on President Donald Trump's unprecedented pursuit of power.
Binance says resuming withdrawals after major hack
Binance said Sunday that it had resumed withdrawals after a major hack that affected more than $6 billion in funds.
Winds of change: Laos looks up for renewables push
Rising from verdant ridgelines of southern Laos, 133 Chinese-built wind turbines help power Vietnam's surging growth and represent part of a regional rush to diversify energy sources.
Trump says US looking 'closely' at report Nvidia CEO target of China spy plot
President Donald Trump voiced on Saturday his support for the "brilliant" head of US chip giant Nvidia, Jensen Huang after a report he was targeted by a Chinese spy plot.
FBI says North Korea behind $6 billion crypto theft from Binance
The FBI on Saturday accused North Korea of stealing more than $6 billion in virtual assets from the cryptocurrency exchange Binance in what is thought to be the biggest-ever crypto heist.
UK PM 'open' to slavery apology but not reparations
Prime Minister Andy Burnham said Saturday he was "open" to the UK issuing a formal apology for its role in the transatlantic slave trade, but ruled out financial reparations.
British king reflects on colonial atrocities in Guyana
Britain's King Charles paid homage to fallen soldiers and reflected on colonial atrocities in Guyana during a whistle-stop tour of the former colony on Friday.
Complaints upheld against Swiss TV commentary on Israeli bobsleigher
Switzerland's broadcasting complaints authority announced Friday that a TV commentary questioning the legitimacy of an Israeli bobsleigher competing at the Milan-Cortina Winter Olympics had breached discrimination rules.
Monaco taken off global money-laundering 'grey list'
Global anti-money laundering watchdog the Financial Action Task Force (FATF) said Friday it had removed Monaco and three other countries from its "grey list", two years after it put the principality among its territories requiring increased monitoring.
Canada, EU launch new alliance with deals on Ukraine, minerals, AI
The EU and Canada announced an alliance Friday aimed at cementing their own relations in the face of President Donald Trump's moves to tear up US ties with its old partners.
'Life in the old dog': German economy grows more than expected
Germany's quarterly growth beat forecasts and inflation slowed sharply as energy price pressures fuelled by the Iran war eased, boosting hopes Friday of a sustained recovery for Europe's biggest economy.
Relatives' anguish grows as Spain identifies train crash dead
Distraught relatives of the 69 victims of Spain's second high-speed train collision this year endured growing anguish on Friday as the authorities worked to identify the bodies.
Italy inflation surges to 5.4% as economy stalls
Italian inflation rose 5.4 percent in October from a year earlier as the economy stalled in the third quarter, Italy's statistics agency Istat said Friday.
Markets lashed by tech rout as earnings fan AI fears
Technology firms retreated further Friday after more poorly received earnings from US titans fanned deepening concerns about the AI investment boom.
US oil giants report profit surge again on Iran war
US oil giants reported Friday another quarter of soaring profits reflecting higher oil prices and refining margins due to the US-Iran war.
Tech sell-off deepens as earnings fan AI fears
Technology firms retreated further Friday after more poorly-received earnings from US titans fanned deepening concerns about the AI investment boom.
Carmaker Audi cuts outlook again on China, US woes
Premium German carmaker Audi on Friday cut its profit outlook for the second time this year, complicating turnaround efforts at its parent company Volkswagen.
BP net profit quadruples as Mideast war lifts oil prices
British energy giant BP said Friday that its net profit quadrupled in the third quarter as the Middle East war disrupted oil and gas supplies and sent prices surging.
German economy logs 0.2% growth, faster than expected
Germany's economy grew faster than expected in the third quarter, official data showed Friday, defying headwinds ranging from the Iran war energy shock to low water levels on major rivers.
Drugs giant AstraZeneca reveals higher profits, savings plan
British pharmaceutical group AstraZeneca announced Friday a 23-percent jump in net profit for the third quarter and a new programme aiming for annual savings of $1.5 billion.
China denies spying on Nvidia's Jensen Huang
Beijing dismissed as "groundless speculation" on Friday a report that said Jensen Huang, head of US chip giant Nvidia, was the target of a Chinese spy plot.
French economy 'headed for a wall' as GDP shrinks
The French economy contracted in the third quarter, data showed Friday, and could be "headed for a wall" if the government is unable to get a deficit-reducing budget passed soon, the finance minister warned.
BP net profit quadruples on higher oil prices
British energy giant BP said Friday that its net profit quadrupled in the third quarter as the Middle East war disrupted oil and gas supplies and sent prices surging.
Malawi's fuel shortages, record prices deepen economic crisis
Word spread that a fuel tanker was nearing a filling station in Malawi's capital, Lilongwe, and the snaking queue surged as drivers jockeyed for position and motorcyclists pressed in.
Tech firms take fresh hit as earnings misses fan AI fears
Tech firms were again on the back foot Friday after another round of disappointing earnings from Wall Street titans fanned already deep concerns about the AI investment boom.