Author: ALJAZEERA

Company-wide memo says the newspaper is shifting its ‘center of gravity in the region’ to Southeast Asian hub.Hong Kong, China – The Wall Street Journal has announced staff cuts at its Hong Kong bureau as it shifts its “center of gravity in the region” to Singapore, marking the latest blow to the financial hub’s once-thriving media industry. Editor-in-chief Emma Tucker told staff in a company-wide memo on Thursday that the newspaper was following the same path that “many of the companies we cover have done”. The cuts include six editorial staff in Hong Kong and two reporters at the newspaper’s…

An international investigation has found that at least four Israeli-linked firms have been selling invasive spyware and cyber surveillance technology to Indonesia, which has no formal diplomatic ties with Israel and is the world’s most populous Muslim nation. The research by Amnesty International’s Security Lab – based on open sources including trade records, shipping data and internet scans – uncovered links between official government bodies and agencies in the Southeast Asian country and Israeli tech firms NSO, Candiru, Wintego and Intellexa, a consortium of linked firms originally founded by a former Israeli military officer, going back to at least 2017.…

Sales of the iPhone fall 10 percent amid growing competition from Chinese rivals such as Huawei.Apple’s revenue has dipped for a fifth consecutive quarter, driven by the steepest decline in iPhone sales since the early days of the COVID-19 pandemic. The California-based tech giant on Thursday reported a profit of $23.6bn on $90.8bn in revenue during the January-March period. Sales of the iPhone fell 10 percent, to $45.7 bn, amid growing competition from Chinese rivals such as Huawei and Xiaomi. Sales in Greater China, one of Apple’s most important markets, fell to $16.4bn from $17.8bn year-on-year, a nearly 8 percent…

blinking-dotLive updatesLive updates, UN Development Programme says Gaza needs 80 years and as much as $40bn to restore 80,000 homes destroyed in Israel’s bloody war on the Palestinian territory. Source link

Results highlight the dramatic decline of Gazprom since Russia launched its full-scale invasion of Ukraine in 2022.Kremlin-owned gas giant Gazprom has said it plunged to a net loss of 629 billion roubles ($6.9bn) in 2023, its first annual loss in more than 20 years, amid dwindling gas trade with Europe, once its main sales market. The results released on Thursday highlight the dramatic decline of Gazprom, which since the collapse of the Soviet Union has been one of Russia’s most powerful companies and was often used as leverage to solve disputes with its neighbours, such as Ukraine and Moldova. Analysts…

Washington, DC – Elderly Palestinian American Omar Assad was handcuffed, blindfolded and gagged by Israeli soldiers and left to die in a cold car park. His fatal detention in January 2022 sparked outrage and calls for accountability in the United States, with advocates urging the American government to apply the country’s own laws to restrict military aid to the Israeli unit that killed the 80-year-old United States citizen. Israel’s notorious Netzah Yehuda battalion – who had detained Assad – had been accused of other abuses, as well. But more than two years later, this week, the US announced that it…

Microsoft CEO Satya Nadella says firm will provide education and training to 200,000 people.Microsoft will invest $2.2bn in artificial intelligence and cloud infrastructure in Malaysia to support the country’s digital transformation, the tech giant has said, following similar announcements in Indonesia and Thailand. The announcement by Microsoft CEO Satya Nadella on Thursday includes plans to establish an AI Centre of Excellence and provide education and training to 200,000 people in the Southeast Asian country. “We are committed to supporting Malaysia’s AI transformation and ensure it benefits all Malaysians,” Nadella said as he visited Kuala Lumpur on the final stop of…

Israel has long been accused of acting with impunity in the Palestinian territory it occupies, relying on support from the United States and the broader West to protect it from repercussions. Yet a recent flurry of media reports out of Israel indicates that Israeli officials may be worried about the winds changing with the International Criminal Court (ICC) reportedly planning to charge top Israeli military and political figures with war crimes and crimes against humanity in Gaza. Israeli media reports indicate that arrest warrants could be issued as soon as this week and that Israel has asked the US to…

Paris-based organisation predicts global economy to expand by 3.1 percent this year and 3.2 percent in 2025.The Organisation for Economic Co-operation and Development (OECD) has upgraded its outlook for the global economy on the back of stronger-than-expected growth in the United States and China. The global economy is forecast to grow 3.1 percent this year and 3.2 percent in 2025, the Paris-based organisation said on Thursday, The revised outlook compares with projections in February of 2.9 percent in 2024 and 3 percent next year. “There are some signs that the global outlook has started to brighten, even though growth remains…

Foreign minister says Ankara will submit a formal request to the International Court of Justice to join the case.Foreign Minister Hakan Fidan says Turkey will join in South Africa’s genocide case against Israel at the International Court of Justice (ICJ). “Upon completion of the legal text of our work, we will submit the declaration of official intervention before the ICJ with the objective of implementing this political decision,” Fidan said on Wednesday at a joint news conference with Indonesian Foreign Minister Retno Marsudi in the Turkish capital, Ankara. “Turkey will continue to support the Palestinian people in all circumstances,” he…