Seoul: Exports of the Republic of Korea rose 65 percent from a year earlier in the first 20 days of May, data showed Thursday, with semiconductor shipments more than tripling over the period. Outbound shipments reached US$52.7 billion in the May 1-20 …
Dubai: In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has ordered the release of 836 prisoners of different nationalities from Dubai’s correctional and punitive …
Meta: Meta has commenced a restructuring process to lay off approximately 8,000 employees, representing roughly 10 percent of its global workforce, as part of a strategic shift to reallocate capital toward artificial intelligence. In an internal memor…
Berlin: Oil prices plunged on Wednesday, dropping more than 5 percent at settlement following statements from US President Donald Trump indicating that negotiations to end the conflict with Iran have entered their final stages. The benchmark Brent cru…
Geneva: The World Health Organisation announced on Wednesday that 600 cases of Ebola and 139 associated deaths have been recorded in the Democratic Republic of Congo, warning that figures are expected to rise due to the prolonged undetected spread of …
New york: The United Nations Conference on Trade and Development (UNCTAD) has projected global economic growth to slow from 2.9 percent in 2025 to 2.6 percent in 2026, warning that geopolitical risks have become the primary source of instability in th…
