This is Beirut - New York

Stocks Fall as US Restricts Nvidia Chip Exports to China

This is Beirut, 16/04 21:40 - Reading : 3 minute(s)

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Wall Street shares fell but European stocks diverged Wednesday after the US government imposed restrictions on exports of a key Nvidia chip to China, the latest trade war salvo between the world's biggest economies. After a relatively peaceful couple of days on markets following tariff-related volatility last week, investors were once again on ...

Harvey Weinstein Back in the Defendant’s Seat in New York

This is Beirut, 15/04 20:00 - Reading : 4 minute(s)

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Women around the world have their eyes on New York, where, shortly after 9:30 a.m. local time, the retrial of the disgraced Hollywood producer officially began. Five years after his initial conviction—which was overturned in April 2024 by the New York Court of Appeals—Weinstein is once again facing justice. The decision to vacate his previous ...

Stocks Rise on Bank Earnings, Auto Tariff Hopes

This is Beirut, 15/04 19:30 - Reading : 3 minute(s)

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Stock markets rose Tuesday as investors digested strong bank earnings and shares in several auto giants surged over hopes of tariffs relief from US President Donald Trump. Some stability has returned to markets after last week's roller-coaster ride over Trump's stop-start tariff announcements, but uncertainty remains over speculation of new ...

Lebanon Ranks 9th Among Arab Countries for Living Costs

This is Beirut, 14/04 18:30 - Reading : 1 minute(s)

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Lebanon ranked 68th worldwide and 9th among Arab countries in terms of cost of living, according to the report published in April 2025 by Numbeo, the world's largest participatory database on prices and living conditions. With an index of 38.84, Lebanon is in the top third of the global ranking, based on prices observed in 139 countries and ...

Asian Stocks Rise on Electronics Tariffs Exemption, Gold Hits New High

This is Beirut, 14/04 10:20 - Reading : 3 minute(s)

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Asian stocks rose Monday as trade war fears were tempered by Donald Trump's announcement of tariff exemptions for electronics, though the dollar weakened and safe-haven gold hit a fresh record amid fears the relief would be short-lived. After the wild gyrations witnessed last week, markets got off to a relatively stable start following news ...

Judge Says US Can Deport Pro-Palestinian Student Protester Mahmoud Khalil

This is Beirut, 12/04 05:10 - Reading : 3 minute(s)

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An immigration judge ruled Friday that a pro-Palestinian student protester, a US permanent resident detained by the Trump administration, can be deported, his lawyer said. Assistant Chief Immigration Judge Jamee Comans, based in the state of Louisiana, said the federal government had met its burden to prove it had grounds to deport Mahmoud ...

Dollar Plunges, Stocks Wobble Over Trade War Turmoil

This is Beirut, 11/04 19:55 - Reading : 4 minute(s)

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Investors dumped US government bonds, the dollar tumbled and stocks seesawed Friday, capping a volatile week as President Donald Trump's unpredictable tariff policy rattled market confidence. Trump triggered a massive market sell-off last week by announcing universal tariffs, and this week he sparked a huge but short-lived rally by pausing higher ...

Tourist Family, Pilot Killed in ‘Tragic’ NY Helicopter Crash

This is Beirut, 11/04 05:25 - Reading : 3 minute(s)

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Six people including three children were killed after a sightseeing helicopter crashed into the Hudson River in New York on Thursday, sparking a major water rescue operation, authorities said. The crash killed all those onboard the aircraft: the pilot and a family from Spain. Two of the victims were initially taken to a hospital, but later ...

Author of Explosive Meta Memoir Stars at US Senate Hearing

This is Beirut, 10/04 10:00 - Reading : 3 minute(s)

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The former Facebook employee behind a scathing book about parent company Meta on Wednesday alleged that the social networking giant collaborated with the Chinese government on artificial intelligence, censorship and more, then lied to Congress about what it was doing. Former global policy director Sarah Wynn-Williams, who worked at the company ...

Music Industry Battles AI Deepfakes With Limited Progress

This is Beirut, 07/04 10:30 - Reading : 4 minute(s)

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The music industry is fighting on multiple fronts—through streaming platforms, in the courts, and with lawmakers—to prevent the looting and misuse of its content by generative artificial intelligence (AI). But the results so far remain underwhelming. 75,000. That’s the number of deepfakes that Sony Music says it has already requested to be ...

Dollar, Stocks Sink as Gold Hits High on Trump Tariffs

This is Beirut, 03/04 15:50 - Reading : 3 minute(s)

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The dollar and equity markets tumbled Thursday after President Donald Trump's latest tariffs salvo against countries worldwide, fanning a trade war that many fear will spark recession and ramp up inflation. The dollar slumped by as much as 2.6 percent versus the euro, its biggest intraday plunge in a decade, and suffered sharp losses also against ...

Trump Confident in Finding TikTok Buyer Before Deadline

This is Beirut, 01/04 11:25 - Reading : 3 minute(s)

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President Donald Trump again downplayed risks that TikTok is in danger of being banned in the United States, saying he remains confident of finding a buyer for the app's US business by a Friday deadline. The hugely popular video-sharing app, which has over 170 million American users, is under threat from a law that passed overwhelmingly last year ...

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