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International Business

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New EU rules prompt Meta to end election ad services by October
New EU rules prompt Meta to end election ad services by October

BRUSSELS, Belgium: Meta Platforms has announced it will stop running political, electoral, and social issue advertisements on its platforms...

US Fed rate cut chances increase, 25 bps cut likely in September: ICICI Bank
US Fed rate cut chances increase, 25 bps cut likely in September: ICICI Bank

New Delhi [India], August 1 (ANI): The likelihood of a 25 basis points rate cut by the US Federal Reserve in September has increased,...

Amazon paying NYT up to $25mn a year in AI deal WSJ
Amazon paying NYT up to $25mn a year in AI deal  WSJ

The landmark licensing agreement came amid legal battles over content use US tech giant Amazon is paying the New York Times between...

DFM announces 298% rise in net profit before tax for H1 2025 to AED777.1 million
DFM announces 298% rise in net profit before tax for H1 2025 to AED777.1 million

DUBAI, 31st July 2025 (WAM) -- Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period...

Islamic Treasury Sukuk auction for July 2025 attracts bids worth AED5.35 billion
Islamic Treasury Sukuk auction for July 2025 attracts bids worth AED5.35 billion

ABU DHABI, 31st July 2025 (WAM) -- The Ministry of Finance (MoF), in its capacity as the issuer and in collaboration with the Central...

India-UK FTA seen as buffer against US trade headwinds: Economist
India-UK FTA seen as buffer against US trade headwinds: Economist

New Delhi [India], July 31 (ANI): The recently signed Free Trade Agreement (FTA) between India and the United Kingdom is expected to...

International

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Amid global outcry over Gaza, U.S. targets Palestinian officials
Amid global outcry over Gaza, U.S. targets Palestinian officials

The Trump administration moved Thursday to deny visas to Palestinian officials, accusing them of sabotaging peace efforts, a stark...

Powerful quake jolts Far East Russia, but no damage reported
Powerful quake jolts Far East Russia, but no damage reported

MOSCOW, Russia: One of the most powerful earthquakes ever recorded — measuring 8.8 in magnitude — struck off the remote coast of Russia's...

Vinay Prasad exits FDA after Elevidys drug controversy
Vinay Prasad exits FDA after Elevidys drug controversy

WASHINGTON, D.C.: Vinay Prasad, the chief medical and science officer at the U.S. Food and Drug Administration (FDA), has left the...

New rule redirects security aid to US immigration enforcement
New rule redirects security aid to US immigration enforcement

WASHINGTON, D.C.: The Federal Emergency Management Agency (FEMA) has introduced a new rule requiring states to dedicate a portion of...

Seoul scrambles to strike U.S. trade deal before August 1 deadline
Seoul scrambles to strike U.S. trade deal before August 1 deadline

SEOUL, South Korea: With just a day left before a critical August 1 deadline, South Korea is pulling out all the stops to strike a...

New Zealand introduces bill to ban prisoners from voting
New Zealand introduces bill to ban prisoners from voting

WELLINGTON, New Zealand: On July 29, the New Zealand government introduced a controversial bill that would restrict voting access by...