UAE President , Sheikh Khalifa bin Zayed, Dead at 73.
CNBC reports that on May 13, it was announced that the United Arab Emirates president died at the age of 73.
Sheikh Khalifa served as the country's second president since 2004.
CNBC reports he is known for helping the UAE get through financial hardships in 2008 and establishing global prominence.
State news agency WAM issued a statement upon news of the president's death.
The Ministry of Presidential Affairs condoles the people of the UAE, the Arab and Islamic nation and the world over the demise of His Highness Sheikh Khalifa bin Zayed Al Nahyan, the president of the UAE, WAM, via statement.
The Ministry of Presidential Affairs also announced that the UAE will observe a forty-day state mourning with the flag flown at half-mast starting today, and suspend work at all ministries, departments, and federal, local and private entities for three days, WAM, via statement.
After suffering a stroke and undergoing surgery in 2014, Sheikh Khalifa
rarely made public appearances.
His brother, Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed, had taken it upon himself to mange the country's affairs.
Some of Sheikh Khalifa's accomplishments
include managing the Abu Dhabi Investment Authority,
backing the acquisition of soccer club Manchester City and
having the Burj Khalifa in Dubai named after him in 2010.
Some of Sheikh Khalifa's accomplishments
include managing the Abu Dhabi Investment Authority,
backing the acquisition of soccer club Manchester City and
having the Burj Khalifa in Dubai named after him in 2010.
Some of Sheikh Khalifa's accomplishments
include managing the Abu Dhabi Investment Authority,
backing the acquisition of soccer club Manchester City and
having the Burj Khalifa in Dubai named after him in 2010.
Some of Sheikh Khalifa's accomplishments
include managing the Abu Dhabi Investment Authority,
backing the acquisition of soccer club Manchester City and
having the Burj Khalifa in Dubai named after him in 2010
In a stark reminder of the climate crisis, heavy rain hits the desert nation of the UAE, prompting the closure of schools and offices. Trucks are deployed to tackle flooding in several areas, highlighting the struggle with large-scale rainfall. Join us as we explore the impact of extreme weather events and the urgent need for climate resilience in the region.
#DubaiRain #UAE #UAERains #UAEFlood #UAESchools #DubaiFlood #DubaiFlights #UnitedArabEmirates #Oneindia
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Abu Dhabi and Dubai experienced heavy rain and thunderstorms earlier than expected, prompting an amber alert across the UAE. Moderate to heavy rainfall hit various areas, accompanied by lightning and thunder. Dubai Police issued safety warnings, urging caution and avoiding certain areas. Dubai Airports and PCFC announced measures in response to the inclement weather. The UAE braces for further rainfall, with May 2-3 identified as the peak period.
#DubaiFloods #Dubai #DubaiWeather #DubaiWeatheralert #UAE #DubaiClimate #AbuDhabi #WeatherAlert #Worldnews #Oneindia #Oneindianews
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The United Arab Emirates unveils a $544 million fund for repairs following record-breaking rains and widespread flooding. Learn more about the government's response to the aftermath of the historic rainfall and its commitment to supporting affected Emirati families.
#Dubai #DubaiFloods #DubaiRains #DubaiFlood #DubaiNews #UAEFloods #UAERains #UAENews #OmanRains #Oneindia
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Manchester City defender Rico Lewis and his father talk to Football Focus about his sporting family, choosing football over Muay Thai martial arts, and playing.. BBC Sport
Manchester City's teenage Treble-winner Rico Lewis tells BBC Sport about Pep Guardiola's intensity, Phil Foden's support and his Thai boxing upbringing. BBC Sport
The United Arab Emirates witnessed an unprecedented deluge, marking its most substantial rainfall on record since 1949. Described as a "historic weather event" by the state-run WAM news agency, the widespread downpour across the UAE is attributed to a combination of factors, including cloud seeding initiatives. Significant disruptions have been reported in flights from India to Dubai due to heavy rains causing flooding at the emirate's airport, one of the world's busiest. Air India, operating 72 weekly flights from multiple Indian cities to Dubai, alongside IndiGo, have cancelled their services on Wednesday. Other carriers, including Air India Express, Vistara, and SpiceJet, which also serve various Indian cities to Dubai routes, have been affected as well. Dubai, hosting a substantial Indian diaspora, sees these flight cancellations impacting travel plans and connections for many.
#DubaiRains #DubaiFlightsCancelled #AirIndia #IndiGo #FlightsCancelledDubai #dubaiflood #dubaifloodnewstoday2024 #dubaifloodinglive #dubaifloodslatestnewstoday #dubaifloodnewstoday #dubaiflood2024 #dubaifloodnews #dubaiflood2024live #dubaifloodvideo #Oneindia #Oneindia news
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After 15 days, Dubai's rains have returned, with the issuance of an Orange Alert for Adverse Weather Conditions. Unfavorable weather has caused major disruptions to flight operations and rain services.
Additionally, the MeT predicts that although it will affect other parts of Asia, the weather will start to improve on May 4.
#Dubai #DubaiRains #OrangeAlert #MeT #DubaiFloods #Dubainews #AbuDhabi #Worldnews #Oneindia #Oneindianews
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In Todayās episode of News Wrap, From scorching heatwaves striking traditionally frigid regions to once arid locales drowning under torrents of water, the climate's chaos mirrors the tumult in society. In addition, as some places bask in tranquil nights, others witness the ominous shadow of censorship descending upon revered bastions of free thought.
Also, there is an offensive waiting for a green signal. However, the internationally renowned diplomats are trying their best to derail any chance of a new voilent crisis. Indeed, the world is a stage where every scene unfolds with riveting unpredictability.
#DubaiRains #Biden #Hamas #Blinken #Worldnews #Hamas #Israelnews #Israellive #Globalnews #Oneindia #Oneindianews
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Heavy rain and thunderstorms disrupted normalcy in Abu Dhabi and Dubai as flight operations were hampered and bus services suspended in Dubai following the downpour. Reports indicated five inbound flights to Dubai were diverted, with numerous cancellations affecting arrivals and departures.
#DubaiFloods #Dubai #DubaiWeather #DubaiWeatheralert #UAE #DubaiClimate #AbuDhabi #WeatherAlert #Worldnews #Oneindia #Oneindianews
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Welcome to another episode of the International News Wrap, your ultimate destination for the latest global updates, brought to you exclusively by OneIndia. Amidst escalating violence in the Middle East and heightened tensions as Ukraine braces for a potential summer offensive by Russia, the world stage is rife with significant events. Today, we explore a diverse array of stories, from Sheikh Hamdaās directive to expedite salary payments for government employees in flood-stricken Dubai to the resignation of Israel's Military Chief. Stay tuned as we delve into the day's top international developments, ensuring you remain informed and up-to-date on global affairs.
#DubaiFlood #IsraelIranConflict #IsraelHamasWar #GazaConflict #DubaiRains #DubaiWeather #CrownPrinceSupport #UAE #GovernmentEmployees #EmergencyResponse #SevereWeather #GazaConflict #HumanitarianCrisis #MiddleEast #GlobalSecurity.
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Key Federal Reserve Inflation Gauge , Rose 2.8% in March.
According to Commerce Department
data released on April 26.
the personal consumption expenditures
(PCE) price index, not including food or energy, rose 2.8% year-over-year in March. .
That exceeded Dow Jones
estimates of 2.7%, CNBC reports. .
When also accounting for food and energy, the all-items PCE measure rose 2.7%,
which was above the 2.6% estimate.
Inflation reports released this morning
were not as a hot as feared, , George Mateyo, chief investment officer at Key Wealth, via CNBC.
... but investors should not get
overly anchored to the idea that
inflation has been completely
cured and the Fed will be cutting
interest rates in the near-term, George Mateyo, chief investment officer at Key Wealth, via CNBC.
The prospects of rate cuts remain,
but they are not assured, and the
Fed will likely need weakness in
the labor market before they
have the confidence to cut, George Mateyo, chief investment officer at Key Wealth, via CNBC.
Consumers continue to spend despite
higher prices, CNBC reports.
Personal spending increased 0.8% in March, while personal income rose 0.5%.
The personal saving rate dropped to 3.2% as more people are having to dip into their savings to cover the cost of living.
The Fed continues to target 2% inflation, which the core PCE has exceeded for
the last three years, CNBC reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
Netflix Exceeds Earnings Estimates , As Subscribers Increase.
Netflix Exceeds Earnings Estimates , As Subscribers Increase.
Netflix released a Q1 earnings report on April 18, indicating that its number of subscribers jumped 16% year-over-year to reach 269.6 million.
Analysts only expected the streamer to have about 264.2 million subscribers, CNBC reports. .
The company also brought in $9.37 billion in revenue versus analysts' expectations of $9.28 billion. .
However, Netflix said that its membership numbers are no longer the main factor contributing to the company's growth.
As a result, the company will stop providing "quarterly membership numbers or average revenue per user" beginning in 2025, CNBC reports. .
Instead, it will divulge "major subscriber milestones as we cross them.".
Price hikes, terminating password sharing
and offering an ad-supported tier are all tactics that have boosted revenue.
Netflix is also seeking to gain traction within the video game space and recently partnered with TKO Group Holdings to offer WWE on the platform.
Weāre in the very early days of
developing our live programming and
I would look at this as an expansion of
the types of content we offer, the way
we expanded to film and unscripted and
animation and most recently games, Ted Sarandos, co-CEO of Netflix, via earnings call.
We believe that these kind of event cultural
moments like the Jake Paul and Mike Tyson
fight are just that kind of television, and we
want to be part of winning over those
moments with our members as well, so that
for me is the excitement part of this, Ted Sarandos, co-CEO of Netflix, via earnings call.
As of the morning of April 18,
Netflix's stock was up 27%
Credit: Wibbitz Top Stories Duration: 01:30Published
Google Fires Employees , for Protesting Israel Contract.
28 Google workers have been fired for protesting
a $1.2 billion contract that the company has with
the Israeli government and military to provide
cloud and AI services, NBC News reports. .
The firings follow an April 16 sit-in at
Google's offices in California, New York and Seattle in which nine workers were arrested.
The group that coordinated the demonstration
is known as No Tech for Apartheid. .
Google issued a statement about the recent firings.
A small number of employee
protesters entered and disrupted
a few of our locations. , Google spokesperson, via statement.
Physically impeding other employeesā
work and preventing them from
accessing our facilities is a clear
violation of our policies, and
completely unacceptable behavior. , Google spokesperson, via statement.
We have so far concluded
individual investigations that
resulted in the termination of
employment for 28 employees,
and will continue to investigate
and take action as needed, Google spokesperson, via statement.
No Tech for Apartheid claims that the
workers were fired "indiscriminately.".
This excuse to avoid confronting
us and our concerns directly,
and attempt to justify its illegal,
retaliatory firings, is a lie, No Tech for Apartheid, via statement.
Meanwhile, many of Google's workers have
reportedly quit after experiencing "mental health consequences of working at a company that is using their labor to enable a genocide," No Tech for Apartheid said.
On a personal level, I am opposed
to Google taking any military
contracts ā no matter which
government theyāre with or what
exactly the contract is about. , Cheyne Anderson, a Google Cloud software engineer based
in Washington who was arrested during a sit-in, to CNBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Amazon Cuts Hundreds , of Cloud Computing Jobs.
An Amazon Web Services (AWS)
spokesperson issued a statement about
the job cuts on April 3, CNBC reports. .
Weāve identified a few targeted areas of
the organization we need to streamline
in order to continue focusing our efforts
on the key strategic areas that we
believe will deliver maximum impact, AWS spokesperson, via statement.
We didnāt make these decisions
lightly, and weāre committed
to supporting the employees
throughout their transition to new
roles in and outside of Amazon, AWS spokesperson, via statement.
Cuts are being made to the store technology division āas a result of a broader strategic shift in the use of some applications in Amazonās owned as well as in third-party stores,ā the spokesperson said.
The layoffs come after Amazon announced that it was ending its Just Walk Out technology in Fresh stores.
The cashierless technology is overseen
by teams within the AWS unit. .
Beginning in 2022, Amazon started
its largest layoffs in history by letting
go of 27,000 roles company-wide. .
So far in 2024, the retail behemoth has cut jobs at Audible, Buy with Prime, Prime Video, MGM Studios and Twitch, CNBC reports. .
This latest round of cuts will
allow U.S. employees to collect pay
and benefits for a minimum of 60 days.
They will also be offered a severance package.
Credit: Wibbitz Top Stories Duration: 01:30Published
UPS to Become US Postal Serviceās , Main Air Cargo Provider.
On April 1, United Parcel Service announced
that it will replace FedEx as the primary air
cargo provider for the USPS, CNBC reports. .
On April 1, United Parcel Service announced
that it will replace FedEx as the primary air
cargo provider for the USPS, CNBC reports. .
FedEx is walking away from a
22-year partnership after failing to
secure a better contract with the agency. .
FedEx is walking away from a
22-year partnership after failing to
secure a better contract with the agency. .
In fiscal year 2023, USPS paid FedEx $1.73 billion
for its services, down from the $2.4 billion
FedEx received in fiscal year 2020.
The decrease in payments was partially due
to the postal service using more economical
trucks in place of planes, CNBC reports. .
The parties were unable to reach
agreement on mutually beneficial
terms to extend the contract, FedEx, via securities filing.
Since FedEx will lose nearly $2 billion in annual
business from letting go of the contract, .
hundreds of pilots will likely
lose their jobs, CNBC reports .
Following the announcement, UPS shares
increased 1.4% while FedEx stock dropped 1.6%.
FedEx's current contract is
set to expire on Sept. 29
Credit: Wibbitz Top Stories Duration: 01:30Published
Ireland's women make it through to the semi-finals of the Twenty20 World Cup qualifying in Abu Dhabi by beating Vanuatu by nine wickets on Wednesday. BBC Sport
Iran is willing to "expend every Arab life" in its efforts to end Western influence in the Middle East and destroy Israel, a former US national security adviser.. Sky News
Hezbollah signals readiness for broader confrontation with Israel, despite warnings from European and Arab nations. Lebanese Prime Minister Najib Mikati reveals international pressure to halt clashes. U.S. mediator stresses urgency for a southern Lebanon ceasefire. Escalating tensions prompt Israel to deploy troops along the border.
#Hezbollah #NajibMikati #Lebanon #HassanNasrallah #IsraelGaza #Gazawar #Worldnews #Oneinda #Oneindia news
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Amidst last week's strike in Damascus and the subsequent warnings of retaliation from Iranian authorities, reports suggest that Israel has conveyed its readiness to retaliate by targeting Iranian assets in the event of a direct attack. According to an Arab report on Monday, citing an anonymous "Western security official," Israel has reportedly been engaging in air force drills, notably focusing on preparations to strike Iranian nuclear facilities and critical infrastructure.
#IsraelIranConflict #IranNuclearSites #RetaliationThreats #TehranThreats #IsraeliDefense #NuclearFacilities #SecurityConcerns #MiddleEastTensions #RegionalConflict #GlobalSecurity
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Israeli Prime Minister Netanyahu signals readiness to defy US President Biden's cautionary "red line" and proceed with Rafah invasion amidst ongoing Gaza campaign. Netanyahu asserts Rafah's strategic importance and claims support from Arab leaders. President Biden expresses impatience with Netanyahu's approach, urging greater consideration for civilian casualties.
#BenjaminNetanyahu #USPresidentJoeBiden #BidenJesus #BidenNetanyahu #Israel #IDF #Gazawar #Worldnews #Oneindia #Oneindianews
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"The Ministry of Presidential Affairs mourns to the UAE people, Arab and Islamic nations and the... Zee News - Published Also reported by •DNA •IndiaTimes
The President of the United Arab Emirates Sheikh Khalifa bin Zayed al Nahya passed away early on Friday. Prime Minister Narendra Modi expressed grief over the demise of the leader.
#Hindi #Tamil..
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