Saudi crown prince checks on HM King Mohammed VI's health
Saudi Crown Prince Mohammed bin Salman reached out to Morocco’s King Mohammed VI in a phone call on Sunday, expressing concern for the monarch's health and well-being. The exchange underscored the enduring fraternal bonds between the two nations, built on a foundation of shared history, cultural ties, and strategic cooperation. During......
European stocks set for longest monthly winning streak since 2021
European stocks climbed on Friday, capping off their strongest January rally in years as robust earnings from Adidas and Swatch bolstered investor confidence amid lingering concerns over geopolitical tensions and U.S. trade policies. The pan-European STOXX 600 index rose in early trading and headed toward a monthly gain of about 2.6 percent,......
Airbus defense chief warns European bureaucracy hampers space ambitions
Europe's leading aerospace firms, Airbus, Leonardo, and Thales, are advancing plans to merge their space divisions into a single powerhouse entity, aiming to challenge US dominance and address a widening capability gap. The companies signed a memorandum of understanding in October 2025 to form this unified venture, which would employ around......
Trump nominates Kevin Warsh to lead Federal Reserve
President Donald Trump has selected Kevin Warsh, a former Federal Reserve governor, to succeed Jerome Powell as chair of the U.S. central bank. The announcement, shared on Trump's Truth Social platform, underscores his belief that Warsh possesses exceptional qualifications and will rank among the institution's top leaders. Warsh served......
Iran deploys 1,000 combat drones amid US naval buildup in Middle East
Iran's military chief vowed a crushing retaliation against any aggression Thursday, as a formidable US naval presence positioned itself in the Middle East. Tehran announced the integration of 1,000 strategic drones into its combat units across all army branches, alongside planned live-fire naval drills in the Strait of Hormuz on February......
Ukraine braces for -30°C freeze amid energy crisis
Ukrainians gear up for an extreme cold snap that could plunge temperatures to minus 30 degrees Celsius next week, even as millions already lack heat and power from repeated Russian strikes on energy infrastructure. The State Emergency Service warned Thursday that the sharp drop starts February 1, hitting nearly all regions except the south,......
Lunar New Year 2026 ushers in Year of the Fire Horse
Cities worldwide kick off celebrations for the Year of the Fire Horse as Lunar New Year 2026 begins officially on January 28, with festivities spanning Southeast Asia, Europe, and North America over the coming weeks. The Fire Horse, last seen in 1966, returns after 60 years, promising astrologers a time of transformation, ambition, and momentum.......
Indonesia stock exchange CEO resigns after historic market crash
Iman Rachman, CEO of the Indonesia Stock Exchange, stepped down Friday, taking responsibility for a two-day market plunge that wiped out over 80 billion dollars in value following a warning from MSCI Inc. about a potential downgrade to frontier market status. "In light of responsibility for the events of the past two days, I hereby declare......
Google opens AI world generator Project Genie to subscribers
Google DeepMind has launched public access to Project Genie, an experimental AI tool that lets users create and navigate interactive 3D environments from text prompts or images. Available since Thursday to U.S. subscribers of Google AI Ultra aged 18 and older, it marks the first real-world rollout of technology powered by Genie 3, the company's......
EU exempts US and Qatar from Russian gas ban verification checks
The European Union is set to waive additional origin checks for gas imports from the United States, Qatar, Norway, Great Britain, Algeria, and Nigeria as it rolls out a new enforcement system to phase out Russian gas supplies. This move, outlined in a draft document from the European Commission and reported by Reuters, targets suppliers deemed......
Harvard scientist proposes global network to detect interstellar objects
A Harvard astrophysicist has called for a worldwide early-warning system to spot high-speed visitors from beyond our solar system, spurred by unusual traits in the interstellar comet 3I/ATLAS. Discovered in July 2025 as it streaked through our cosmic neighborhood, the comet's peculiarities have prompted fresh scrutiny and innovative detection......
China's export surge hides deepening domestic slump
In the bustling port city of Ningbo, just two hours south of Shanghai, China's economic paradoxes stand out starkly. The Ningbo-Zhoushan port handled 1.4 billion tons of cargo in 2025, holding its title as the world's busiest for the 17th year running. Yet a short distance up the Yong River, restaurants sit empty, construction sites......
Adidas launches $1.2 billion share buyback after record 2025 sales
Adidas, the German sportswear giant, has unveiled plans to repurchase up to 1 billion euros ($1.2 billion) of its own shares in 2026. This move follows a stellar close to 2025, marked by record annual revenues. The program, set to kick off in early February, will draw from anticipated cash flows and involves canceling the repurchased shares......
iPhone 16 leads global smartphone sales in 2025
The iPhone 16 topped worldwide smartphone sales in 2025, with Apple claiming seven of the top ten spots, according to fresh data from market research firm Counterpoint Research. This ranking highlights Apple's strong performance across consumer and premium models throughout the year, while Samsung held three positions, mostly with entry-level......
UBS raises gold forecast to $6,200 amid record highs
UBS has boosted its gold price target to $6,200 per ounce for March, June, and September 2026, up from $5,000, citing stronger-than-expected demand driven by surging investment flows and central bank purchases. The upgrade comes as spot gold surged to a record $5,594.82 on Thursday, extending a stunning rally that has lifted the safe-haven......