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At least 12 dead after Tropical Storm Basyang in Philippines

omandailynews.com
MANILA: At least 12 people have died and 36 others were injured in the Philippines in the aftermath of Tropical Storm Basyang, as emergency officials continued to validate casualty reports and assess damage from flooding and landslides that hit parts of Mindanao and the central Philippines. The storm, known internationally as Penha, has......
News

India baggage rules 2026 drop jewellery value cap

omandailynews.com
NEW DELHI: India’s updated baggage framework took effect on February 2, 2026, changing how returning travelers can bring personal goods into the country and revising long-standing limits on jewellery carried in baggage. Under the Baggage Rules, 2026, eligible passengers may bring gold, silver and other precious metal jewellery under a special duty-free allowance......
Business

China electric cars reshape fuel demand and Venezuela oil flows

omandailynews.com
BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport fuel demand that once underpinned its appetite for imported crude, including heavy oil from Venezuela. The International Energy Agency said China sold over 11 million electric cars in 2024, with electric models......
Health

WHO IARC maps preventable cancer risks across 185 countries

omandailynews.com
LYON: Nearly four in 10 cancer cases worldwide could be prevented by reducing exposure to known, modifiable risk factors, according to a new analysis from the World Health Organization and its cancer research agency released for World Cancer Day. The assessment estimated that 37% of new cancer diagnoses in 2022, about 7.1 million......
Business

South Korea inflation eases to 2.0% in January

omandailynews.com
MENA Newswire, SEOUL: South Korea’s consumer inflation eased to 2.0% in January from 2.3% in December, as measured by the consumer price index, government data released Tuesday showed. The CPI, with 2020 set to 100, rose to 118.03 in January. On a month-to-month basis, prices increased 0.4%, following a 0.3% rise in December. The......
Business

Modi unveils 2047 tax holiday to grow India data centres

omandailynews.com
MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive unveiled in the Union Budget 2026 to strengthen the country’s role in global digital infrastructure......
News

UAE President meets IMF Managing Director in Abu Dhabi

omandailynews.com
MENA Newswire, ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Kristalina Georgieva, Managing Director of the International Monetary Fund, at Qasr Al Shati in Abu Dhabi on Monday, as the two sides discussed areas of cooperation and current global economic developments. The meeting took place during Georgieva’s visit to the......
Business

Gold and silver selloff ripples into stocks and commodities

omandailynews.com
MENA Newswire, NEW YORK: Gold and silver prices tumbled in a sharp, disorderly selloff that erased an estimated $7 trillion in notional value across precious metals, after a record-setting rally gave way to forced liquidations, margin pressures, and a stronger U.S. dollar. The drop reverberated across commodities and global equities, underscoring how quickly......
Automotive

2027 Mercedes-Benz S-Class adds DIGITAL LIGHT micro-LEDs

omandailynews.com
MENA Newswire, ATLANTA: Mercedes-Benz USA has unveiled the 2027 S-Class Sedan as a major update to its flagship luxury sedan, adding new lighting signatures, a revised cabin technology stack and expanded personalization choices. The automaker said the model introduces an illuminated front grille with three-dimensional chrome star accents, and for the first......
Technology

Microsoft launches Maia 200 chip for Azure AI inference

omandailynews.com
MENA Newswire, SAN FRANCISCO: Microsoft on Jan. 26 introduced Maia 200, the second generation of its in-house artificial intelligence accelerator, built to run AI models in production across Azure data centres. The company said Maia 200 is designed for inference, the stage where trained models generate responses to live requests, and will be......