In a significant development, three European powers said “we are rapidly reaching the end of the road” to save the 2015 Iran nuclear deal. Their comments suggests that unofficial U.S.-Iran talks on preserving the pact is probably close to collapse…. Read More ›
HR & Organization
MGM Resorts international to sell Mirage hotel and Las Vegas casino to Hard Rock International for $1.08B
In a statement MGM Resorts International said, it would divests its stake in the Mirage hotel and casino in Las Vegas to Hard Rock International for about $1.08 billion in cash. The Mirage opened in 1989 and was acquired by MGM… Read More ›
Australia signs $716.5M critical mineral deal with South Korea
Australia has signed a $716.5 million (A$1 billion) defense deal with South Korea aimed at boosting Seoul’s ability to grow its military exports. Under the terms of the deal, South Korean defence company Hanwha Corp will build 30 self-propelled howitzers… Read More ›
Double doses of vaccination will not neutralize Omicron variant: Oxford study
Two doses of COVID-19 vaccinations will not suffice to neutralize antibodies against the Omicron variant of the Coronavirus, found British scientists. They further found that those who have been previously infected or vaccinated may face increased infections. Researchers from the University… Read More ›
Israel-UAE hold historic meeting, Iran continues to be in focus
In the first ever public meeting, Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan played host to Israel’s prime minister Naftali Bennett, following the formalisation of Israel-UAE ties in 2020. Ahead of the talks, Israeli ambassador to Abu Dhabi… Read More ›
US Space Force conducts space war simulations to test resilience of US satellite communication networks
Weeks after Russia shot down an ageing communication satellite, the United States has begun testing the resilience of its satellite communication networks in order to deter threats from China and Russia. The computer-aided simulations included potential shooting down of U.S…. Read More ›
Biden Administration orders immediate stop in financing new carbon intensive fossil fuel projects overseas
According to US diplomatic cables, the Biden Administration has ordered U.S. government agencies to immediately stop financing new carbon-intensive fossil fuel projects abroad and prioritize global collaborations towards clean energy technology. The move is aimed at ending US financial support… Read More ›
Britain considering all options if Russia invades Ukraine
In a significant development, British foreign minister Liz Truss said, Britain is considering all options in the event of a Russian invasion of Ukraine. She highlighted the fact that Britain has used economic sanctions in the past to send diplomatic… Read More ›
Israel adds Britain, Denmark to red list to contain Omicron spread
In a statement Israel said, it has added Britain and Denmark to its “red” list of countries that its citizens are forbidden to visit to contain the spread of the Omicron variant of the Wuhan Coronavirus. The travel restrictions will… Read More ›
SenseTime postpones $767M Hong Kong IPO
On Monday, in a statement Chinese artificial intelligence start-up SenseTime Group said, it has postponed its $767 million initial public offering (IPO) in Hong Kong. The development comes after the United States placed it on its Entity List. Sensetime also… Read More ›