Month : March 2025

News

Dozens killed as deadly earthquake shakes Myanmar and Thailand

omandailynews.com
A powerful earthquake in Myanmar and its aftershocks reverberating through Thailand have left at least 154 people dead and scores more injured or missing, with authorities warning the toll is expected to rise. The magnitude 7.7 quake struck central  Myanmar around midday local time on March 28, according to the U.S. Geological Survey, with its epicenter near......
Business

Nvidia chips power massive enterprise AI expansion globally

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MENA Newswire News Desk: NVIDIA continues to rank among the top blue-chip artificial intelligence (AI) stocks supported by billionaire investor Cliff Asness. According to the latest 13F filing for Q4 2024, Asness’s firm, AQR Capital Management, holds approximately $2.19 billion in NVIDIA equity, placing it among the firm’s most significant AI-focused investments. Cliff Asness, a well-respected......
Featured News

Inflation fears and trade tensions pull S&P 500 to weekly low

omandailynews.com
U.S. stock markets closed sharply lower on Friday, weighed down by hotter-than-expected inflation data and renewed concerns over tariff policies under President Donald Trump. The Dow Jones Industrial Average dropped 590 points, or 1.6%, while the S&P 500 lost 1.6% and the Nasdaq Composite fell 2.2%, extending a week of volatility for Wall Street. The latest data from......
Health

Refugee health in crisis due to 2025 funding reductions

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The health of nearly 13 million forcibly displaced people, including over six million children, is at serious risk in 2025 due to critical funding shortages, the United Nations High Commissioner for Refugees (UNHCR) warned on Friday. The agency said that without immediate and sustained financial support, life-saving medical services may no longer be available......
News

New modular reactors will power India’s remote regions

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India is moving ahead with the development of small modular reactors (SMRs) with capacities ranging from 16 megawatts (MW) to 300 MW, aimed at revitalizing nuclear energy and enhancing electricity access across remote regions and industrial zones. The initiative was announced by Minister of State for Science, Technology and Atomic Energy, Jitendra Singh,......
News

Black Sea talks in Saudi Arabia gain UN support amid crisis

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United Nations Secretary-General António Guterres has welcomed the recent Black Sea security talks held in Saudi Arabia, involving the United States, Russia, and Ukraine. These high-level discussions aimed to advance maritime safety and address broader issues stemming from the conflict in Ukraine. UN spokesperson Stéphane Dujarric conveyed the Secretary-General’s appreciation for the progress made, particularly regarding......
News

IRENA urges faster renewable growth to meet 2030 energy goals

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Record-breaking annual growth in renewable power capacity in 2024 has been confirmed by the International Renewable Energy Agency (IRENA) in its latest Renewable Capacity Statistics 2025 report. The report shows global renewable power capacity reaching 4,448 gigawatts (GW), following an unprecedented 585 GW increase during the year. This represented 92.5% of all power capacity added in......
Featured News

UN reports record migrant deaths in Asia in 2024

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Migrant deaths in Asia surged to an all-time high in 2024, with at least 2,514 lives lost along dangerous migration routes, according to the latest data from the United Nations International Organization for Migration (IOM). This marks a 59 percent increase from the 1,584 deaths recorded in 2023 and underscores escalating threats to migrants across the continent.......
Featured News

EU reports €11.1 billion aluminium trade deficit for 2024

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The European Union (EU) recorded a trade deficit in aluminium of €11.1 billion in 2024, as per newly published data from Eurostat. The EU imported €29.5 billion worth of aluminium and related articles, while exports totaled €18.4 billion, reflecting a growing imbalance in aluminium trade. Compared with 2019, imports rose by 29.9 percent (€6.8 billion), and exports increased......
Featured News

MobilDeniz becomes the first banking application integrated with Apple Vision Pro in Türkiye

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DenizBank has become the first bank to carry its mobile application to Apple Vision Pro in Türkiye in cooperation with its technology subsidiary Intertech and digital solution partner Commencis. Newszy: İstanbul – Empowered with visionOS which is the first spatial operation system in the world, mixed-reality headset Vision Pro enables access to......