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Twitter tumbles as ‘bugs’ hit revenue growth

WASHINGTON: Twitter shares plunged on Thursday after reporting glitches that impacted its ad-targeting ability, pulling down revenue growth in the past quarter. Profit for the third quarter was $37 million, a sharp drop from last year when the online messaging platform was helped by a large tax benefit. Revenue rose 9 percent from a year…

Saudi Arabia sees most improvement in ease of doing business: World Bank 
Business

Saudi Arabia sees most improvement in ease of doing business: World Bank 

TOKYO: Dozens of Saudi and Japanese businessmen met at the 18th Japan-Saudi Arabia Business Council in Tokyo on Thursday to discuss standing and new investment opportunities. The conference, attended by representatives from the Japanese External Exchange Organization, Ministry of Trade and several top businesses, as well as the Saudi Arabian General Investment Authority, saw presentations…

After exhumation, Spain reburies Franco in discreet tomb
World

After exhumation, Spain reburies Franco in discreet tomb

HELSINKI: The likelihood of the EU extending the UK’s Brexit deadline “looks good,” after which Britain should put forward a candidate for the European Commission, its incoming president said on Thursday.“The question of granting an extension, that looks very good,” EU president-elect Ursula von der Leyen told reporters during a visit to Helsinki.EU member states…

UK’s Johnson seeks Dec 12 election to break Brexit impasse
World

UK’s Johnson seeks Dec 12 election to break Brexit impasse

EL PARDO, Spain: Spain exhumed the embalmed body of Francisco Franco from a grandiose state mausoleum on Thursday, reburying it in more discreet grave in a country still conflicted over the dictator’s decades-long regime.The carefully-choreographed operation which began inside an imposing basilica in Valley of the Fallen and ended some four hours later at a…

Maldives police arrest recruiter for Daesh
World

Maldives police arrest recruiter for Daesh

MOSCOW: Russian President Vladimir Putin on Thursday sought to expand Moscow’s clout in Africa by touting military aid and economic projects at the first-ever Russia-Africa summit and even offered to help mediate a growing dispute between two of the continent’s largest powers, Egypt and Ethiopia.Kremlin spokesman Dmitry Peskov said Putin addressed the issue with Egyptian…

NATO hammers Turkey on Syria operation
Middle East

NATO hammers Turkey on Syria operation

QAMISHLI, Syria: Kurdish forces in northeastern Syria left several positions along the long border with Turkey on Thursday, complying with a deal that sees Damascus, Ankara and Moscow carve up their now-defunct autonomous region.Russian forces have started patrols along the flashpoint frontier, filling the vacuum left by a US troop withdrawal that effectively returned a…

Kurdish forces start Syria-Turkey border pullback
Middle East

Kurdish forces start Syria-Turkey border pullback

MOSUL: Two high-tech replicas of iconic Assyrian statues destroyed by the Daesh group in northern Iraq were unveiled on Thursday at the University of Mosul.The real “lamassu” — massive statues of winged bulls with human faces — had adorned a royal throne room in the ancient city of Nimrud for centuries, and one was later…

Replicas of Assyrian statues smashed by Daesh unveiled in Iraq’s Mosul
Middle East

Replicas of Assyrian statues smashed by Daesh unveiled in Iraq’s Mosul

DUBAI: Iran targeted the Saudi facilities in Aramco in September, US Secretary of Defense Mark Esper said on Thursday, reiterating calls to deter the country’s threats.Esper, who was speaking at the German Marshall Fund in Brussels, referred to the drone attacks at several Aramco sites on Sept. 14, saying “Iran threatens international navigation in the…

Maximum pressure only way to get Iran to negotiate: Saudi Arabia’s Al-Jubeir
Saudi Arabia

Maximum pressure only way to get Iran to negotiate: Saudi Arabia’s Al-Jubeir

RIYADH: Saudi Arabia appointed Prince Faisal bin Farhan Al-Saud as the country’s new foreign minister on Wednesday in an announcement through royal decrees. Foreign Minister Prince Faisal bin Farhan, 45, served in several positions in both private and public sectors since 2001 until his recent appointment. From 2001 to 2013, Prince Faisal was representative of Boeing Industrial…

Saudi Arabia’s newly appointed FM Prince Faisal bin Farhan
Saudi Arabia

Saudi Arabia’s newly appointed FM Prince Faisal bin Farhan

Saudi Arabia’s Al-Jubeir says maximum pressure only way to get Iran to negotiate PARIS: A senior Saudi official said on Thursday that a policy of appeasement would not work with Iran and that the only way to get Tehran to the negotiating table was to apply maximum pressure.Saudi Arabia’s Minister of State for Foreign Affairs…

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