Doha, 20 May 2025 – Qatar Airways Group announced on Monday a record profit of $2.15 billion for its fiscal year ending March 31, 2025, driven by strong passenger demand and continued recovery in global air travel. The state-owned aviation group reported total revenues of $23.4 billion, up from $22.1 billion in the previous fiscal […]
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London, 21 May 2025 – British retailer Marks & Spencer (M&S) announced on Wednesday that a recent cyberattack is expected to reduce its group operating profit by approximately £300 million for the 2025/26 financial year. The company, which operates across food, clothing, and homeware sectors, confirmed the financial impact in a statement released alongside its […]
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Brussels, 20 May 2025 – The European Union has decided to lift a portion of its economic sanctions on Syria following recent political changes in the country, EU foreign policy chief Kaja Kallas announced on Tuesday. “Today, we took the decision to lift our economic sanctions on Syria,” Kallas said in a statement posted on […]
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MAIDUGURI, Nigeria, 19 May – A surge in militant violence has forced at least 20,000 residents to flee Marte, a town in Nigeria’s northeastern Borno state, according to the state governor. The displacement follows a series of attacks attributed to Islamist insurgents in the region. Marte, located near the border with Cameroon, had previously been […]
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Geneva, 19 May 2025 – The Press Emblem Campaign (PEC), a global media watchdog advocating for journalist safety and press freedom, has expressed deep concern and outrage over the killing of Indian journalist Dharmendra Singh Chauhan. The Haryana-based journalist, associated with the online news platform Fast News India, was shot by unidentified assailants on 18 […]
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Unified Emissions Trading System Will Reduce Trade Friction, Enhance Carbon Pricing Efficiency Across Europe In a major step toward post-Brexit climate cooperation, the European Commission and the UK government have agreed to initiate formal negotiations to link their Emissions Trading Systems (ETS), potentially creating a unified carbon market across Europe. The move, announced during the […]
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Geneva, Switzerland, May 20, 2025 – Turkish Petroleum (TPAO) has confirmed the discovery of a major offshore natural gas field in the Black Sea. The newly identified reserve is estimated to hold at least 75 billion cubic metres (bcm) of natural gas—equivalent to approximately 2.6 trillion cubic feet (Tcf). This significant find was made at […]
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Dar es Salaam / Nairobi – May 2025 — Tensions flared between Kenya and Tanzania over the weekend after the Tanzanian government expelled Kenyan human rights lawyer and political figure Martha Karua. The move came as Karua attempted to attend the treason trial of Tanzanian opposition leader Tundu Lissu, a prominent critic of President Samia […]
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Shanghai – May 2025 — Copper inventories in warehouses managed by the Shanghai Futures Exchange (SHFE) have posted a significant recovery this week, rising 34% to 108,142 metric tonnes. The sharp increase ends several consecutive weeks of destocking, which had been driven largely by strong export flows to the United States and robust domestic demand. […]
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Geneva / Malé – May 2025 — The United Nations has issued a strong rebuke of the Maldivian government following the dismissal of two Supreme Court justices, warning that the move undermines judicial independence and violates international standards of due process. On Monday, the UN Human Rights Office expressed concern over the removal of Justices […]
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