05-06-2024 SYDNET/ DUBAI: Australian airline Qantas (QAN.AX), opens new tab on Tuesday backed Boeing to bounce back from an unprecedented crisis that has led to an overhaul of the American plane-maker’s management and drawn scrutiny and criticism from some of its biggest customers. Boeing is searching for a new chief …
Read More »‘Iran’s allies in Iraq are firing at Israel’
05-06-2024 BAGHDAD/ TEHRAN/ WASHINGTON: Iran-backed Shi’ite armed groups in Iraq have ramped up rocket and missile attacks on Israel in recent weeks, raising concerns in Washington and among some Iranian allies of potential Israeli retaliation and regional escalation should they draw blood. Though the attacks, often from hundreds of miles …
Read More »British bank accused of helping to fund terrorists
05-06-2024 LONDON: A British bank that escaped prosecution for money laundering carried out billions of dollars of transactions for funders of terrorist groups, US court papers allege. Standard Chartered, one of the UK’s largest banks, avoided prosecution by the US Department of Justice after Lord Cameron’s government intervened on its …
Read More »Biden expected to unveil sweeping immigration order
05-06-2024 WASHINGTON: President Joe Biden is expected to issue a sweeping new executive order aimed at curbing migrant arrivals at the US-Mexico border as early as Tuesday. Under the planned order, US officials could swiftly deport migrants who enter the US illegally without processing their asylum requests once a daily …
Read More »Gaza ceasefire plan turns into deadly game of survival
05-06-2024 GAZA CITY: For the leaders of both Hamas and Israel, ending the war in Gaza has become a deadly game of survival. The terms on which the war finally ends could largely determine their political future and their grip on power. For Hamas leader Yahya Sinwar, even his physical …
Read More »Rafah border can’t reopen unless Israel quit Gaza side: Egypt
04-06-2024 CAIRO/ RAFAH: The Rafah border crossing critical to aid deliveries into Gaza from Egypt cannot operate again unless Israel relinquishes control and hands it back to Palestinians on the Gaza side, Egyptian Foreign Minister Sameh Shoukry said on Monday. Last month, Israel seized Gaza’s entire border with Egypt including …
Read More »Trump joins TikTok and rapidly wins three million followers
04-06-2024 WASHINGTON/ NEW YORK: Roughly a day since joining TikTok, Republican presidential candidate Donald Trump had attracted 3 million followers on the short video social media platform that he tried to ban as president on national security grounds. The decision to join the platform could help the former president reach …
Read More »OPEC+ extends deep oil production cuts into 2025
04-06-2024 LONDON/ DUBAI: OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival U.S. production. Brent crude oil prices have been trading near $80 per …
Read More »Hunter Biden’s federal gun case to begin in Delaware
04-06-2024 HARRISBURG, PENNSYLVANIA: With the strike of a judge’s gavel in Delaware, Hunter Biden, the son of Joe Biden, will become the first child of a sitting president to be a criminal defendant. Prosecutors allege that the younger Biden, 54, lied about his drug use on application forms when he …
Read More »US expects Israel will accept ceasefire plan if Hamas does
04-06-2024 WASHINGTON/ JERUSALEM/ GAZA CITY: The US has “every expectation” Israel will accept a ceasefire proposal that would begin with a six-week cessation of hostilities in Gaza if Hamas takes the deal, a senior White House official has said. The three-part plan unveiled by President Joe Biden last week would …
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