PARIS — France has intercepted a sanctioned oil tanker suspected of being part of Russia’s so-called shadow fleet in the Atlantic with UK support, President Emmanuel Macron has said. Officers boarded the Tagor, which maritime authorities said had been flying a false flag, on Sunday morning in international waters more than 400 nautical miles (740km) west of Brittany with the help of the UK and other partners, said the French president. According to French authorities, the vessel was on its way from Murmansk in north-west Russia when it was seized. Macron said the French navy boarded an oil tanker that…
Author: Editorial Team
Anthropic recently raised $65 billion in its latest funding round, which took its valuation to $965 billion as investor money continues to pour into AI companies. Financial Times reported Anthropic’s valuation overtook OpenAI’s following the round. Anthropic plans to use the latest funds to advance “safety and interpretability research, expand compute to meet growing demand” for AI assistant Claude “and scale the products and partnerships our customers rely on”. The financing was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. Other investors include private equity funds and the company’s partners. The $65 billion includes $15 billion in previously-committed cash…
LONDON — Britain will not have to pay Rwanda tens of millions of pounds over a canceled asylum agreement, an international court ruled on Monday. The Hague-based the Permanent Court of Arbitration said it had rejected all financial claims made by Rwanda, which had argued Britain still needed to honor the terms of the deal that Prime Minister Keir Starmer canceled in 2024. Shortly after he took office, Starmer scrapped the Conservative government’s asylum plan, under which Rwanda would have been paid to take in migrants who had illegally arrived in Britain. Lawyers representing Britain during the three-day hearing in…
As this year’s pilgrims have departed the holy sites, the General Directorate of Civil Defense has already launched early preparations for the 1448 AH (2027) Hajj season by evaluating services provided to pilgrims throughout their journey, from arrival at entry points to the completion of rituals. The directorate, working alongside other sectors of the Ministry of Interior and government entities, conducted thousands of inspection visits to pilgrim accommodations and facilities over the past year to ensure compliance with safety and security requirements. Violations were addressed in accordance with applicable regulations and instructions. In past eras, pilgrims faced arduous land and sea journeys…
Telefonica recently highlighted the benefits of operator sustainability efforts by cutting costs through reduced network energy consumption efforts. The operator noted use in 2025 was 12% lower than in 2015 and was achieved in the face of a 1,200% rise in data traffic over the period. Telefonica credited a focus on improving network efficiency through more advanced energy management techniques, which it stated resulted in consumption of 29MWh per petabyte of traffic by 2025, 92% lower than in 2015. It officially focused more on the service implications of the sustainability drive than the financial savings made, preferring to talk-up how…
MAKKAH — Iranian pilgrims started returning from Saudi Arabia on Monday after performing the annual pilgrimage of Hajj. They performed the Hajj rituals amidst a comprehensive system of services provided by the Saudi government for the pilgrims. Iranian Ambassador to Saudi Arabia Dr. Alireza Enayati said that approximately 30,000 pilgrims from Iran performed Hajj this year. “The departure of Iranian pilgrims by air began on Monday and is expected to continue until the end of this month. The process of transporting Iranian pilgrims by air began today, allowing them to return to their country after performing the Hajj rituals with…
TEHRAN — Iran said on Monday it would halt indirect exchanges and text-sharing with the US through mediators in protest at Israel’s expanded ground assault in Lebanon, the semi-official Tasnim news agency reported. According to the agency, the decision was taken in response to what it described as ongoing Israeli violations of the ceasefire in Lebanon, which Iran considers one of the conditions underpinning broader ceasefire arrangements in the region. Tasnim said the Iranian negotiating team would halt “talks and exchanges of texts through mediators” until its demands regarding Gaza and Lebanon are met. “Given the continuing crimes of the…
The Saudi Central Bank (SAMA) licensed “jak almuqaddimah Company” to provide consumer finance. This addition brings the total number of finance companies licensed in Saudi Arabia to 75. This decision reflects SAMA’s endeavor to support and enable the finance sector, increase the efficiency and flexibility of financial transactions, and promote innovation in the financial services provided, with the aim of enhancing financial inclusion in Saudi Arabia and ensuring access to financial services for all segments of society. SAMA emphasizes the importance of dealing with financial institutions licensed or authorized by SAMA. This can be verified by visiting SAMA’s website. Source: Riyadh Daily
He Tingbo, president of Huawei‘s semiconductors business department, recently outlined a design methodology set to be used in its upcoming Kirin chips. She backed this approach to provide the means for the company to continue to deliver cutting-edge silicon for mobile devices. In a speech delivered at the 2026 IEEE International Symposium on Circuits and Systems (ISCAS) in China, the scientist and Huawei director set out the Tau Scaling law which the company believes enables breakthroughs in transistor density and system performance. She explained the law proposes replacing geometric scaling with time scaling as a new guiding principle for the…
RIYADH — The Saudi Central Bank (SAMA) has mandated that all financing companies operating within the Kingdom provide notification to the Central Bank at least five working days prior to undertaking any investment round. These entities include financing companies, payment service providers, exchange bureaus, and entities supporting financing activities licensed by the Central Bank. The SAMA further stipulated that entities intending to conduct investment rounds must disclose all pertinent information, including the investment round’s timeline, purpose, value, and target audience, as well as a statement outlining its impact on the ownership structure and financial position of the non-bank financial institution.…