Author: Editorial team
Stock indexes rose sharply on Tuesday, with the Dow and S&P 500 hitting record highs following upbeat forecasts from Caterpillar and other companies, and oil prices extended recent sharp declines. A global stock index also hit a record intraday high. The Japanese yen weakened, but held on to most of its intervention-driven gains after last week’s joint action by Tokyo and Washington to support the currency. Weighing on oil were comments by Qatari and U.S. officials that raised hopes for a diplomatic resolution to the Iran war that could improve oil flows through the Strait of Hormuz. U.S. Secretary of…
Wealth often brings luxury, but not everyone chooses to spend it that way. Some of the world’s richest celebrities have stayed true to the practical habits they developed long before fame, proving that success doesn’t always change the way they live.Here are a few celebrities who have stayed true to those modest habits despite their success.1. Tom Holland, estimated net worth: $25 millionTom Holland recently reminded fans of that after admitting he still shares streaming subscriptions with friends and family.While promoting Spider Man: Brand New Day during an interview with LADbible, the actor laughed that he probably “shouldn’t say this,” before revealing he…
Fifa on Tuesday dismissed as “pure fiction” a report that its President Gianni Infantino had sought support from US President Donald Trump’s administration after the collapse of a plan to sell a stake in World Cup commercial rights.The denial came after the New York Post reported on Monday that Infantino had repeatedly tried and failed to reach Trump by phone since his proposal was abandoned on Friday and that he felt isolated amid mounting criticism.”The Fifa President has not made any call to the US President, or any members of his administration, in recent days. It is pure fiction,” Fifa…
SHARJAH, 4th August, 2026 (WAM) — Sharjah Investment Forum (SIF) 2026 has secured Gulftainer as a strategic sponsor, bringing one of the region’s largest ports and logistics operators to the forefront of global discussions on supply chain resilience and economic competitiveness. Announced by the Sharjah FDI Office (Invest in Sharjah), the sponsorship reinforces the Forum’s ambition to connect high-level dialogue with the infrastructure, investments and public-private partnerships that will shape a more adaptive and resilient world at a time when governments and businesses face rapid shifts in the global economic landscape. Organised in collaboration with the UAE Ministry of Investment…
AMMAN, 4th August, 2026 (WAM) — Jordan and the United States signed a four-year strategic objectives agreement on bilateral cooperation at the Ministry of Planning and International Cooperation, Jordan News Agency (Petra) reported. The agreement, valued at $354.6 million, is the first of its kind with the current US administration and aligns with its new foreign assistance priorities. It will support Jordanian government efforts to implement national priorities under the Economic Modernization Vision (EMV). As for its scope, the agreement focuses on supporting national priorities by strengthening long-term water security, economic resilience, and self-reliance through programs and projects in water…
India plans to ease SEBI offshore fund investor disclosure rules for high-risk funds, extending deadlines and raising thresholds to attract long-term foreign capitalIndia’s market regulator plans to relax disclosure requirements for offshore funds considered high risk, three sources with knowledge of the matter said, after rules introduced during its scrutiny of Adani led to complaints and legal challenges.The proposed changes would address what investors say were unintended consequences of the 2023 rules that were meant to prevent funds from holding concentrated investments in Indian companies.The sources said the expanded exemptions will give funds more time to disclose investors, making it…
SHARJAH, 4th August, 2026 (WAM) — Dana Gas and Crescent Petroleum have commenced supplies of natural gas from the Khor Mor field in the Kurdistan Region to Iraq’s Ministry of Electricity in Kirkuk, to further support the electricity sector in Iraq. Based on an agreement signed last December with the Iraqi Ministry of Electricity, Dana Gas and Crescent Petroleum, as joint operator of the Kurdistan Gas Project, will supply 100 MMscf/d of gas from the Khor Mor gas processing facility to Kirkuk Taza power station for an initial term of one year to help improve power generation and services in…
Rakuten Group has recently taken steps to advance an existing online medical and pharmacy service by collaborating with technology company J Frontier. The pair intend to align to deliver online medical consultations and guidance on medications, a move which would build on the services provided by the Rakuten Healthcare Yoyakusuri app. Rakuten stated the app currently provides pharmacy reservation and medical record services across Japan. It is bringing online consultation and guidance services J Frontier provides in its own app into the mix. The initial integration means users of the J Frontier app can pick a Yoyakusuri Pharmacy for collection…
Wynn Al Marjan Island, the multi-billion-dollar integrated resort rising on Ras Al Khaimah’s coast, will now open its doors next year with a slight delay as regional war continues to affect global supply chains and shipping insurance markets, a senior official said on Wednesday.“Construction at Wynn Al Marjan Island (is) progressing at a rapid pace. Wynn Resorts, alongside our partners in Ras Al Khaimah, are now pleased to announce that Wynn Al Marjan Island, the most exciting integrated resort to be developed in over a decade, will open its doors to guests in September of 2027,” Craig Billings, CEO of…
On the heels of his breakout turn as his late uncle Michael Jackson in Michael, actor Jaafar Jackson has found his next project in the action thriller Supermax, reported Deadline.According to Deadline, the actor has joined the cast alongside Will Smith and AnnaSophia Robb. The details of his role are being kept under wraps, but it’s said to be pivotal to the film’s central plot, revolving around two FBI agents (Smith & Robb) investigating a seemingly impossible murder within the impenetrable walls of a maximum-security prison.Stay up to date with the latest news. Follow KT on WhatsApp channels.David Gordon Green…