HONG KONG: Ma has kept a low profile ever since mainland officials spiked what would have been a world record $37 billion initial public for Alibaba’s financial group Ant last November. That shock decision kicked off what became a cascading series of crackdowns by Chinese authorities on a host of tech and other industries deemed … Read more
Guinness World Records approved a 34-foot, 6-inch folding knife made in Kentucky as the world’s biggest pocket knife. Guinness confirmed the weapon, which was put outside Red Hill Cutlery in Radcliff, the site of the Kentucky Museum of American Pocket Knives, as the world’s largest pocket knife, and a ceremony was held Wednesday to mark … Read more
The New England Aquarium released a video of a 600-pound leatherback turtle that was discovered stranded in a Massachusetts mudflat. When the 5-foot-long turtle was discovered stranded in a mudflat on the Herring River in Wellfleet, crews from the Mass Audubon Wellfleet Bay Wildlife Sanctuary and the International Fund for Animal Welfare reacted, according to … Read more
The social media leader, Facebook has decided to rename the company to get a better focus on building ‘metaverse’, according to a report by The Verge. The tech giant’s founder and CEO, Mark Zuckerberg will make an announcement in the annual conference Connect on 28th of October. Facebook is also aiming to put on board … Read more
Several Bollywood celebrities have come out in support of Shahrukh Khan and Gauri Khan ahead of Aryan Khan’s bail plea verdict today. Sanjay Gupta, who had previously expressed his support for Aryan, SRK, and Gauri, tweeted another message of support on Wednesday. In response to news about Aryan Khan, Sanjay Gupta tweeted, “Suspicious arrest, no … Read more
DAMASCUS: A bomb attack on an army bus in Damascus killed at least 13 people Wednesday in the bloodiest such attack in years, the SANA state news agency reported. “A terrorist bombing using two explosive devices targeted a passing bus” at a key bridge in the capital, the news agency said, reporting an initial casualty … Read more
MOSCOW: Russia hosts the Taliban for talks in Moscow on Wednesday, seeking to assert its influence on Central Asia and push for action against Islamic State fighters which it says have massed in perennially volatile Afghanistan. The talks, which draw officials from 10 countries including China and Pakistan, are one of the Taliban’s most significant … Read more
The latest addition to Disney’s upcoming film “Haunted Mansion” is Danny DeVito. The Haunted Mansion is based on the same-named Disney World attraction. Despite the fact that storyline information for the film is being kept under wraps, the official ride description reads: “Glide past a casket-filled conservatory, Madame Leota’s chilling seance room, and a ghost … Read more
The global foreign direct investment flows were valued at $852 billion in the first half of 2021, Arab News quoted UN data, as saying. This reflected a partial-year growth of 78 per cent when compared to 2020. In the US, inflows were up by 90 per cent, driven by a surge in cross-border mergers and … Read more
Ryan Reynolds has announced that he will take a “little sabbatical” from filmmaking. Reynolds has decided to take a break from acting after finishing filming on his most recent project, the upcoming holiday film Spirited. The actor announced the completion of filming for the film in an Instagram post full of behind-the-scenes photos from the … Read more
RIYADH: Bitcoin hit a six-month high and was within striking distance of its all-time peak on Tuesday, as traders bet an anticipated listing of a futures-based US exchange-traded fund (ETF) could herald investment flows into cryptocurrencies, Arab News reported. Bitcoin has been known for its volatility for 13 years and has recently been trading fairly flat, but … Read more
CAIRO: Economic research firm Capital Economics expects the Saudi economy to grow 2.5 per cent this year and by an impressive 7.3 per cent in 2022, Arab News reported. When compared to the firm’s pre-pandemic estimates, the country’s GDP would be about 3 per cent higher by the end of 2023. William Jackson, Chief Emerging Market Economist … Read more
Will Smith has been working hard in the gym, and his efforts are paying off. On Sunday, the 53-year-old actor shared a montage of his strenuous workouts on social media, updating his fitness and health journey. ‘The Bad Boys for Life’ star appears strong and fit as he lifts weights, pulls ups, and sprints in … Read more
A rescue crew from New Jersey went down a rocky crack inside a New York state park to free a dog who had been trapped for five days. Specialist cave rescuers collaborated with the Ulster County Society for the Prevention of Cruelty to Animals and Minnewaska State Park Preserve forest rangers to organize the rescue … Read more
KABUL: A grenade was thrown at a Taliban vehicle in the Afghan capital on Wednesday morning, wounding two fighters and four nearby school children, government officials said. “This morning a grenade was thrown at a mujahideen vehicle in Deh Mazang, wounding two mujahideen,” Taliban interior ministry spokesman Qari Sayed Khosti told AFP. Another official said: … Read more
ICC T20 World Cup Round One is underway. Currently, Sri Lanka is leading the Group A points table while Scotland is leading the Group B points table. Sri Lanka, tonight, will face Ireland in the 8th match of the T20 World Cup qualifying round. Sri Lanka played their last match against Nambia which they won … Read more
RIYADH: Saudi Arabia issued SR8.5 billion ($2.27 billion) in the domestic Sukuk for the month of October, Arab News quoted the National Debt Management Centre, as saying. The Islamic bonds were split into two tranches: SR3.905 billion due in 2029, and another of SR4.595 billion due in 2033.
ICC T20 World Cup Round One is underway. Currently, Sri Lanka is leading the Group A points table while Scotland is leading the Group B points table. Nambia, today, will face the Netherlands in the 7th match of the T20 World Cup qualifying round. The Netherlands played their last match against Ireland which they lost … Read more
RIYADH: Saudi Arabia’s National Fisheries Development Programme has launched a project to develop commercial algae technology and promote localisation of the algae industry in the kingdom, Arab News reported. The fisheries development programme comes under the purview of the Saudi Ministry of Environment, Water and Agriculture. Ali Al-Shaikhi, the CEO of the programme, said the project aims … Read more
ISLAMABAD: Pakistan recorded 554 fresh COVID-19 infections in a day, the lowest daily rise since October 2020, according to the National Command and Operation Centre (NCOC) ‘s data on Wednesday. On October 18, 2020, the country had logged 440 Covid-19 cases. The death toll climbed to 28,312 with 12 more fatalities. Pakistan has so far … Read more
Pakistan – currently ranked number 2 in ICC T20 rankings – will play its second warm-up match of the T20 World Cup against South Africa today at 07:00 pm PST at Tolerance Oval, Abu Dhabi. The Green Shirts grabbed the victory ahead of Super12s with an impressive 7-wicket win over the defending T20 World Cup … Read more
WASHINGTON: A report from the Bank of America has warned reaching net zero will cost the global economy $5 trillion annually for the next 30 years, Arab News reported. On the eve of the UN’s COP26 environmental conference in Scotland this month, where countries who signed the 2015 Paris Agreement to reduce carbon emissions will review their … Read more
RIYADH: The Saudi-Moroccan Business Council has signed four memoranda of understanding to strengthen partnership in tourism, electricity, renewable energy, logistics and food sectors, Arab News reported. The council also revealed plans to launch the “Two Kingdom’s Forum and Exhibition” in Jeddah in the first quarter of 2022. Ali Al-Yami, head of the council, said a list of … Read more
ATHENS: Greece, Cyprus and Egypt have signed an electricity agreement that could include Egyptian solar power and potentially supply power to other European countries, Arab News reported. The protocol was signed during a meeting between Greek Prime Minister Kyriakos Mitsotakis and the presidents of Egypt, Abdel Fattah El-Sisi, and Cyprus, Nicos Anastasiades, in Athens. The deal concerns … Read more
After a three-year gap, Pakistan may finally have a US envoy in Islamabad as President Joe Biden has nominated “career” diplomat Donald Armin Blome as his ambassador to the country, announced the White House in a statement on Tuesday. The post has been vacant for three years and the last envoy appointed by the US … Read more
ISLAMABAD: Spokesperson to Finance Minister Muzzammil Aslam on Wednesday rebuffed the media reports and announced that Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin returned to Washington to join the ongoing discussion with the International Monetary Fund (IMF). The spokesperson said in a Tweet: “IMF latest update: Mr Shaukat Tarin, Adviser to … Read more
RIYADH: Three Gulf countries are among the top 10 best places to live in the world for expats, with the UAE climbing 10 places to secure the 4th position, while Bahrain ranked 8th and Qatar took the 10th position, Arab News reported. Switzerland retained its position as the number one place expats rated to live, while Australia … Read more
RIYADH: Saudi Arabia’s holding of US Treasury securities decreased by the end of August to $124.1 billion, the lowest since May 2020, Arab News quoted the latest data from the US government. The Saudi holdings in August were down by 3.1 per cent or $4 billion compared to the previous month. The holdings declined by 4.5 per … Read more
