Author: Editorial team

BRUSSELS, 8th August, 2026 (WAM) — EU imports of Russian liquefied natural gas (LNG) rose by 14% in June compared with the same month a year earlier, despite the bloc’s commitments to end its dependence on Russian energy supplies by 2027. The Centre for Research on Energy and Clean Air (CREA) reported that Russian revenues from these sales amounted to approximately €60 million per day, with France ranking as the largest buyer. The French port of Montoir received quantities more than four times higher than its imports in May, while data from the Bruegel research center in Brussels showed that…

ABU DHABI, 8th August, 2026 (WAM) — The United Arab Emirates has condemned in the strongest terms the attack launched by the Houthi group on the Najran Region in the Kingdom of Saudi Arabia. In a statement, the Ministry of Foreign Affairs (MoFA) affirmed that these attacks constitute a flagrant violation of the sovereignty of the Kingdom of Saudi Arabia and a threat to its security and stability. The Ministry reaffirmed the UAE’s solidarity with the Kingdom of Saudi Arabia and its support for all measures aimed at safeguarding its security and stability. Source: Emirates News Agency

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The number of Americans filing claims for unemployment benefits increased slightly last week, while layoffs dropped to a two-year low in July, consistent with a stable labor market.Other data on Thursday showed worker productivity grew faster than expected in the second quarter, curbing gains in labor costs. The lack of labor market stress and contained wage pressures gave the Federal Reserve room to focus on the inflation fallout from the Middle East conflict, economists said. They said there were some signs that the adoption of artificial intelligence by businesses was raising productivity.Still, economists said the U.S. central bank could raise…

After spending more than two decades building the world of Pandora, Oscar winning filmmaker James Cameron says he is finally ready to look beyond the Avatar franchise and explore new creative territory.Speaking to The Hollywood Reporter in an interview published this week, Cameron admitted he no longer wants to devote years at a time exclusively to the blockbuster series that has dominated his career since the original Avatar debuted in 2009.“I’ve got other stories to tell, and I’ve got other stories to tell within Avatar. What won’t happen is, I won’t go down the rabbit hole of exclusively making only…

Gianni Infantino will hold a crisis meeting with top Fifa officials in Morocco on Wednesday as he looks to shore up his position in the wake of the collapse of his gambit to sell off commercial rights to the World Cup.The Fifa president has been the subject of a torrent of criticism, and no small amount of personal abuse, since he floated the idea of the new commercial rights body to Fifa’s 211 member associations last week.The proposed sale of 20% of the body to private investment to raise $4.2 billion, and the involvement of a company with family links…

Authorities say shipments are being monitored and inspected, while food safety checks continue in coordination with health and regulatory bodies Working alongside the relevant regulatory authorities, the ministry said it is also verifying the safety of food products available in UAE markets and taking preventive measures to ensure the highest food safety standards. Photo used for illustrative purposes only. Photo credit: Michael Burrows/Pexels Dubai: The UAE Ministry of Climate Change and Environment has confirmed that UAE markets are free of lettuce products linked to the cyclosporiasis outbreak. In a statement, the ministry said it remains in regular coordination with health…

Entertainment giant reports 28% rise in earnings, expands share buybacks and signs landmark content partnership with TikTokLos Angeles: Walt Disney Co. reported better-than-expected quarterly earnings as the blockbuster success of ‘Toy Story 5′ drove growth across its entertainment, streaming, merchandise and theme park businesses.The company said revenue for the quarter ended June reached $25.2 billion, up 7% from a year earlier, while adjusted earnings per share rose 28% to $2.06, exceeding analysts’ expectations of $1.86 per share.Disney’s shares climbed 4.6% in premarket trading following the results announcement.Chief Executive Officer Josh D’Amaro, who took over in March, highlighted the company’s strategy…

BRUSSELS, 8th August, 2026 (WAM) — In May 2026, compared with April 2026, seasonally adjusted services production increased by 0.8 percent in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In April 2026, services production grew by 0.7% in the euro area and by 0.3% in the EU. In May 2026, compared with May 2025, services production increased by 2.4% in both the euro area and the EU. Among Member States for which data are available, the highest monthly increases were recorded in Greece (+4.5%), Latvia (+3.8%) and…

Dubai’s real estate market remains on track to post an all-time high for rental contracts registered in a single year, with fresh data showing sustained momentum through July.A market analysis released by fäm Properties showed 38,197 rental contracts were registered last month, comprising 18,431 new agreements and 19,766 renewals.That brings the total number of rental contracts recorded in the first seven months of 2026 to 214,445, a 1.9 per cent rise on the same period last year, which went on to close with a record 377,660 registered contracts.Firas Al Msaddi, chief executive officer of fäm Properties, said the level of…