Business
– Microsoft reported strong growth in its fiscal first-quarter results on Wednesday, October 28, with net income rising to $36.63 billion from $27.75 billion a year earlier. Earnings per share increased to $4.92 from $3.72. Total revenue rose 19% to
– Meta said on Monday, October 26, that it plans to raise a total of $95 billion to support its investments in artificial intelligence infrastructure and superintelligence. The company will first raise $35 billion through underwritten public equity offerings. It
– Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion financing structure on Monday, October 26, to fund AI computing capacity for Anthropic. The deal will pay for technology from Broadcom, which will be leased to the
– US markets are heading into one of the busiest weeks of the earnings season, with three of the biggest names in the Magnificent 7 set to report quarterly results. Alphabet, Microsoft and Amazon will release figures as investors look
– Oil prices rose on Wednesday, October 21, with Brent crude futures climbing $1.21 to $110 per barrel, according to Reuters. US West Texas Intermediate crude also gained more than $1 to reach $99 per barrel. The move came during
– The US dollar retreated from an 18-month high on Tuesday, October 13, as falling oil prices and a reassessment of the artificial intelligence-driven rally weighed on the currency. The U.S. Dollar Index, which measures the greenback against a basket
– The U.S. stock bull market moved into its fifth year Monday after completing four years of gains. The S&P 500 has climbed about 119% from its Oct. 12, 2022 bear-market closing low, according to Truist analysis. The index ended
International equities mounted a vigorous late-week recovery, rebounding from recent selloffs as climbing borrowing costs temporarily lost momentum. Market metrics indicate that US and European stocks close higher as bond yields ease, drawing institutional capital back into riskier asset classes
– Gold prices advanced on Monday as investors weighed weak U.S. hiring data against a firmer dollar. Spot gold gained 0.6% to $4,165.49 an ounce by 0901 GMT. U.S. gold futures for December delivery climbed 0.8% to $4,194.60. The move
The foreign exchange market recorded strong upward momentum as the US dollar hits 17-month high benchmarks, climbing to a 102.08 index rating and securing its third consecutive weekly gain. According to international market reports published by the Emirates News Agency, the
– The U.S. Treasury Department will offer $119 billion of notes and bonds through three auctions next week. The schedule begins Oct. 6 with $58 billion of three-year notes. Treasury will sell $39 billion of 10-year notes on Oct. 7.
– The U.S. economy grew at a 2.2% annual rate in the second quarter of 2026. The U.S. Bureau of Economic Analysis raised its estimate from the previously reported 1.5% pace. The revision covered economic activity from April through June.
Oil prices dropped sharply Monday as Brent crude closed at its lowest level in nearly two weeks. November Brent settled at $100.34 a barrel, losing $3.53, or 3.4%. October West Texas Intermediate fell $4.52, or 4.51%, to $95.78 a barrel.
India warned Washington that proposed tariffs on countries purchasing Russian crude oil could harm bilateral relations and disrupt global commodity trade. The statement followed the passage of the Sanctioning Russia and Iran Act of 2026 by the United States House
U.S. stocks closed lower Wednesday after the Federal Reserve raised interest rates by 25 basis points. The increase lifted the federal funds target range to 3.75% to 4.00%. The Dow Jones Industrial Average fell 631.21 points, or 1.21%, to 51,461.90.
The U.S. dollar climbed to a seven-week high on Thursday after the Federal Reserve raised interest rates for the first time in more than three years. The dollar index reached 100.36 against its major peers after gaining 0.7% overnight. That
News
– President Donald Trump waived key Russia-related US sanctions and tariffs on Friday, October 16, days before they were due to take effect. The measures came under the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which Trump
– Global multidimensional poverty has increased for the first time since the measure began in 2010. The 2026 Global Multidimensional Poverty Index counts 1.2 billion people living in acute poverty across 108 countries. That represents 18.9% of the 6.3 billion
– Firefighters pushed containment of the Bike Fire to 81% after the blaze forced evacuations north of Los Angeles. The wildfire burned about 172 acres near Cambria Estates Lane and Ravenhill Road in Santa Clarita’s Sand Canyon area. Authorities lifted
Travel
The U.S. State Department has updated its travel advisory for Belgium, citing crime, terrorism and public unrest. The July 23 notice keeps the country at Level 2, which calls for increased caution. Officials added crime and unrest to the listed
MAINE: Maine’s tourism industry is contending with a prolonged drop in Canadian travel to the United States, a trend that has extended into early 2026 and is weighing on one of the state’s most dependable visitor markets. Statistics Canada said Canadian residents returned
HOUSTON: George Bush Intercontinental Airport warned travelers on Thursday to expect security waits that could reach four hours or longer as reduced staffing continued to disrupt screening operations during the partial federal government shutdown. Houston Airports said TSA was operating only in Terminals A and
Technology
Automotive
Audi has unveiled its flagship Q9, establishing the manufacturer’s first large full-size SUV and setting a new internal record for interior space. Slotting directly above the Q7 and Q8 series, the three-row luxury model is engineered to challenge full-size competitors across
Ford Motor Co. is recalling 419,967 vehicles in the United States because front seat belt retractor pretensioners may deploy inadvertently, leaving belts locked and unable to retract or extend properly, according to the National Highway Traffic Safety Administration. The recall
MENA Newswire, ATLANTA: Mercedes-Benz USA has unveiled the 2027 S-Class Sedan as a major update to its flagship luxury sedan, adding new lighting signatures, a revised cabin technology stack and expanded personalization choices. The automaker said the model introduces an illuminated front grille
Entertainment
CALIFORNIA: Sony Interactive Entertainment and Santa Monica Studio announced on February 12 that the original God of War trilogy is being remade, reviving the series’ Greek era in a project the studio said is still in very early development. The announcement was made during
Los Gatos, California, October 22, 2025: Netflix Inc. reported third-quarter earnings that fell short of Wall Street expectations after recording a substantial tax-related expense in Brazil that affected profitability despite solid revenue growth. The streaming company reported net income of approximately US$2.5 billion, or US$5.87
The Fantastic Four: First Steps opened to an estimated 57 million dollars across 4,125 theaters on Friday, including preview screenings, delivering the second-highest opening day of 2025. Only A Minecraft Movie, which debuted at 57.11 million dollars, has earned more
Marvel’s “Deadpool & Wolverine” has set a new benchmark in the film industry by becoming the highest-grossing R-rated film ever, with global earnings surpassing $1.085 billion. This record was previously held by “Joker” from Warner Bros., signaling a significant achievement
Immutable, a leading Web3 gaming platform, has made headlines with the announcement of a groundbreaking gaming rewards program valued at an impressive $50 million. The initiative, aptly named “The Main Quest,” is poised to revolutionize the landscape of blockchain gaming.
Apple Music is set to elevate the excitement surrounding Super Bowl LVIII with a comprehensive and exclusive USHER experience, creating a vibrant buzz among fans eagerly awaiting the iconic artist’s halftime performance at Allegiant Stadium in Las Vegas on February 11. Apple Music Radio’s Nadeska
“The Equalizer 3” tops $100 million at the global box office in just its second weekend, boasting a formidable total of $107.6 million. This impressive figure includes $61.8 million from the US and a commendable $45.8 million internationally making the
Abu Dhabi’s bustling international airport had an air of Hollywood on Sunday when iconic actor Tom Cruise graced the newly launched Midfield Terminal for the Middle East premiere of “Mission: Impossible – Dead Reckoning Part One.” The Mission: Impossible franchise
Disney’s much-anticipated live-action adaptation of “The Little Mermaid” is facing a staggering box office failure, falling drastically short of expectations. The film experienced a substantial decline in ticket sales, with a 58% drop domestically during its second weekend in theaters.
The stage is set for the Middle East premiere of the highly anticipated film, Mission: Impossible – Dead Reckoning Part One, which will take place at the luxurious Emirates Palace on June 26th. The red-carpet event will be graced by
The world of music is in mourning, as Tina Turner, a true rock’n’roll luminary known for her explosive vocals and timeless hits like ‘The Best’ and ‘Proud Mary’, passed away at the age of 83. Following a protracted fight against
The 80th Golden Globes telecast on NBC on Tuesday averaged 6.3 million viewers, the second-smallest audience for the annual ceremony, and only slightly better than the Globes press conference during the 2008 writers’ strike, which attracted 6.3 million viewers.
In London on Tuesday, James Cameron premiered the long-awaited sequel to the highest-grossing film of all time, Avatar. Titled Avatar: The Way of Water, it transports audiences back to Pandora, where the blue Na’vi people fought humans for natural resources
Pokemon Scarlet and Pokemon Violet sales for the Nintendo Switch have exceeded 10 million units in the first three days since their global release on Nov. 18. With its recent blockbusters, Nintendo has gained investors’ trust. This year, the company’s
Coolio, a Grammy-winning rapper, died after he was found unresponsive at a friend’s Los Angeles home, according to the New York Times. He was 59. Artis Leon Ivey Jr., better known as Coolio, was an American rapper and musician best
During a recent visit to Stavanger, the northernmost member of the EU, Hollywood star Brad Pitt exhibited his sculptures for the first time for the public. Pitt’s works are on display at the Sara Hilden Art Museum in Tampere. This