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UPS to cut 30,000 jobs and close 24 sites as Amazon volume “glide-down” continues

UPS plans to cut up to 30,000 jobs and close 24 facilities in 2026 as it reduces Amazon delivery volume, even as the company beat earnings estimates and forecast higher revenue for the year.

Wall Street pushes S&P 500 toward 7,000 while Dow falls as healthcare stocks tumble

Wall Street lifted the S&P 500 to a record and closer to 7,000 as earnings rolled in and the Fed meeting began, while the Dow slipped after health insurers sank on Medicare Advantage news.

Tesla stock in focus ahead of results as Wall Street debates growth vs profitability

Tesla is set for a key earnings test as investors watch margins, demand and pricing strategy, with the results expected to influence sentiment across the EV and tech markets.

Middle East

Iranian Rial Plummets to Record Low Amidst Protests and Economic Strain

Iran's currency, the rial, hits a record low of 1.5 million against the US dollar amid ongoing protests and international pressure.

EU and India finalize “mother of all deals” as tariffs fall and market access expands

The EU and India finalized a landmark free trade agreement aimed at cutting tariffs on most goods, easing access for services and investment, and reshaping trade ties across a combined market of about 2 billion people.

Storm Chandra batters UK and Ireland with flooding, school closures and travel disruption

Storm Chandra brought heavy rain and strong winds to the UK and Ireland, triggering flooding, rescues, school closures, flight and ferry cancellations, and widespread power outages.

Wall Street pushes S&P 500 toward 7,000 while Dow falls as healthcare stocks tumble

Wall Street lifted the S&P 500 to a record and closer to 7,000 as earnings rolled in and the Fed meeting began, while the Dow slipped after health insurers sank on Medicare Advantage news.

Iranian Rial Plummets to Record Low Amidst Protests and Economic Strain

Iran's currency, the rial, hits a record low of 1.5 million against the US dollar amid ongoing protests and international pressure.

Trump Envoy Morgan Ortagus Reportedly on Leave Amid Allegations of Affair with Lebanese Banker

Reports have surfaced alleging that Morgan Ortagus, a former Trump administration envoy, has been placed on administrative leave due to claims of a romantic...

Iranian Drone Strikes Chemical Tanker in Indian Ocean, Escalating Maritime Tensions

Iranian drone hits tanker in Indian Ocean, marking a new escalation in maritime tensions amid regional conflicts.

China Backs Two-State Solution in Middle East Peace Push

China Advocates for Two-State Solution to Restart Middle East Peace Process In a significant move to rejuvenate stalled peace negotiations in the Middle East, China's...

Jordan Sounds Alarm: Middle East Nears Precipice

Hamas-affiliated Health Ministry reports Israeli attack on Gaza hospital with extensive casualties.

Saudi Ambassador Nayef al-Sudairi’s Historic West Bank Visit: A New Chapter in Middle East Diplomacy

Introduction: In a significant diplomatic development, a high-profile Saudi delegation, led by the kingdom's non-resident ambassador to Palestine, Nayef al-Sudairi, made a historic visit...

Bharat over India: Deciphering G20’s Evolving Identity Narrative

In a recent move that ignited speculation and fervent debate, the Indian government, led by Prime Minister Narendra Modi, replaced the internationally recognized name...

Thaksin Shinawatra’s Dramatic Return: Thailand’s Political Landscape Reshaped

After a prolonged 15-year exile, Thailand's former prime minister Thaksin Shinawatra touched down at Bangkok’s Don Maueng Airport on a private jet from Singapore...

Iraqi Airways Bear Escape: A Comprehensive Analysis of Laws, Social Trends, and Environmental Concerns

Introduction The recent incident of a bear's escape from its crate in the cargo hold of an Iraqi Airways flight has sparked controversy and widespread...

China and Iran’s Trade Relationship Continues to Thrive, with $15.8 Billion in Total Trade for 2022

China and Iran have been long-standing trade partners for over a decade, and that trend has continued into 2022. According to the Ministry of...

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