Wall Street sinks as investors fret about rate cuts
Wall Street closed sharply lower on Thursday, dragged down by steep losses in Nvidia, Tesla, and other artificial-intelligence heavyweights, as invest...
Syria and Israel are holding discreet talks in Paris in a bid to reduce rising tensions in southern Syria. According to diplomatic sources in Europe, representatives from both sides met earlier this week to explore possible de-escalation measures.
The meeting comes at a time of growing instability across the southern provinces, where clashes involving Druze and tribal forces have raised fears of renewed violence near the disengagement line. France is believed to have facilitated the talks, although neither Damascus nor Tel Aviv has offered any public confirmation. The discussions reportedly focused on practical ways of preventing further military confrontations and maintaining existing security arrangements in the Golan Heights area, which has remained a longstanding flashpoint since Israel captured the territory during the 1967 war.
Analysts caution that the issues at stake are deeply entrenched and unlikely to be resolved quickly, but the fact that direct contacts have taken place is viewed by some observers as a notable shift in regional dynamics. It comes as Washington and other international actors continue to emphasise the need for stability in Syria amid the wider Middle East crisis and the ongoing reshuffling of alliances following the fall of the Assad government.
Two earthquakes centered in Cyprus on Wednesday were felt across northern and central regions of Israel, raising concerns among residents in both countries. The first tremor occurred at 11:31 a.m., with the epicenter near Paphos, Cyprus, at a depth of 21 kilometers.
Russia’s Foreign Minister Sergei Lavrov has urged the U.S. to avoid actions that could intensify the war in Ukraine, citing President Donald Trump’s past support for dialogue.
Russia has expressed its readiness to resume peace talks with Ukraine in Istanbul, according to a statement by a Russian foreign ministry official, Alexei Polishchuk, quoted by the state news agency TASS on Wednesday.
Streets and homes in Taiwan's Yilan County were left inundated with mud and rubble on Wednesday (12 November) after floodwaters swept through residential areas, forcing residents to wade through puddles of water and clear debris from damaged homes.
Iceland has classified the possible collapse of a major Atlantic Ocean current system as a national security risk and existential threat, as concerns grow over the impact of warming Arctic waters.
In this edition of World Business, we bring you exclusive coverage from InMerge 2025 in Baku, the region’s flagship innovation and investment summit.
In this edition of World Business, we explore London’s global investment strategy with Jace Tyrell, CEO of Opportunity London.
In this week’s World Business, we explore the intersection of AI, finance, and cutting-edge consumer technology.
In this World Business Special, Guy Shone sits down with the Country Director of the Asian Development Bank (ADB) in Azerbaijan to unpack what’s next for one of the region’s most pivotal development partnerships.
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