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Business

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Talaat Moustafa plans massive new city project near Cairo
Talaat Moustafa plans massive new city project near Cairo

CAIRO, Egypt: Egypt's Talaat Moustafa Group has unveiled plans to develop a US$27 billion mixed-use city east of Cairo, marking one...

Meta plans first job cuts in May, more layoffs expected later
Meta plans first job cuts in May, more layoffs expected later

NEW YORK CITY/SAN FRANCISCO: Meta Platforms is set to begin a major round of layoffs on May 20 as part of a broader restructuring tied...

Apple, Huawei defy slowdown as China smartphone sales fall
Apple, Huawei defy slowdown as China smartphone sales fall

BEIJING, China: Apple recorded a sharp rise in iPhone shipments in China in the first quarter, outperforming rivals even as the broader...

Fed probe intensifies as Trump threatens to fire Powell
Fed probe intensifies as Trump threatens to fire Powell

WASHINGTON, D.C.: A federal investigation into the Federal Reserve's US$2.5 billion headquarters renovation intensified this week after...

Investors rattle as Netflix co-founder Hastings steps down
Investors rattle as Netflix co-founder Hastings steps down

LOS ANGELES, California: Netflix shares fell sharply in premarket trading after co-founder and chairman Reed Hastings announced he...

Rubber glove makers warn of shortages amid rising input costs
Rubber glove makers warn of shortages amid rising input costs

SINGAPORE/KUALA LUMPUR: A sharp rise in raw material costs, triggered by the war in Iran, is pushing up global rubber glove prices...

World

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India: Proposed Rules to Expand Online Censorship
India: Proposed Rules to Expand Online Censorship

(New York) - The Indian government should immediately withdraw rules that would allow greater executive control over online content...

The truth about the lies about NATO

NATO is a defensive alliance. Article 5 of its Charter declares, in essence, that an attack upon one NATO country is an attack upon...

Iranian forces launch drones toward US warships after attack on commercial ship in Sea of Oman: Iran media
Iranian forces launch drones toward US warships after attack on commercial ship in Sea of Oman: Iran media

Tehran [Iran], April 20 (ANI): Iranian forces launched drones towards US warships following an attack on an Iranian commercial vessel...

IRGC forces US troops to retreat from Strait of Hormuz after attack on Iranian ship: Iran media
IRGC forces US troops to retreat from Strait of Hormuz after attack on Iranian ship: Iran media

Tehran [Iran], April 20 (ANI): The Islamic Revolution Guards Corps (IRGC) has claimed that US forces stationed in the Sea of Oman were...

"Security of Strait of Hormuz is not free," says Vice President Mohammad Reza Aref amid rising US-Iran tensions
"Security of Strait of Hormuz is not free," says Vice President Mohammad Reza Aref amid rising US-Iran tensions

Tehran [Iran], April 20 (ANI): Iran's First Vice President Mohammad Reza Aref on Sunday (local time) warned that stability in the Strait...

Update: Trump says U.S. has intercepted, taken custody of Iranian-flagged cargo ship
Update: Trump says U.S. has intercepted, taken custody of Iranian-flagged cargo ship

NEW YORK, April 19 (Xinhua) -- U.S. President Donald Trump said on Sunday that U.S. forces have intercepted and taken custody of an...