ADNOC Logistics & Services (ADNOC L&S) has sharply upgraded its financial outlook for 2026, pointing to significantly stronger profitability than previously anticipated as demand across its shipping operations continues to outperform expectations. The Abu Dhabi-listed logistics and maritime company now expects net profit to climb in the high-60% range this year, a substantial improvement from …
AD Ports Group and Emirates Global Aluminium (EGA) are joining forces to invest AED 84 million (around $22.9 million) in a major upgrade of EGA’s dedicated berth at Khalifa Port, a move aimed at boosting cargo efficiency and supporting larger bulk shipments. The infrastructure project is designed to enhance the berth’s operational performance, enabling it …
AD Ports and EGA Commit $22.9 Million to Expand Khalifa Port Cargo Capacity Read More »
The Roman Catholic Archdiocese of San Francisco has agreed to pay $395 million to resolve claims brought by around 530 people who say they were sexually abused as children by members of the clergy. The agreement marks a major milestone in the archdiocese’s bankruptcy proceedings and, if approved by the court, will bring one of …
The federal criminal case against Luigi Mangione, who is accused in the fatal shooting of a prominent health insurance executive, has been pushed back until early 2027 as courts seek to avoid interference with a separate murder trial scheduled in New York state later this year. A federal judge in Manhattan ordered that Mangione’s federal …
The U.S. Supreme Court has ruled that states may continue counting certain mail-in ballots that arrive after Election Day, provided they were mailed on time, handing a significant legal defeat to efforts backed by President Donald Trump and Republican organizations to tighten federal election rules. In a narrow 5-4 decision, the nation’s highest court reversed …
A coalition of 25 Democratic-led states and the District of Columbia has moved to court to halt the Trump administration’s new Medicaid work requirement rule, arguing that it unfairly restricts protections for recipients with serious health conditions and could leave vulnerable Americans without healthcare coverage. The lawsuit, filed in a federal court in Boston, challenges …
Trump Medicaid Work Rule Faces Multi-State Court Challenge Over Medical Exemption Limits Read More »
The U.S. Supreme Court has delivered a landmark constitutional ruling that significantly strengthens presidential authority over independent federal agencies, holding that President Donald Trump was within his powers to remove Federal Trade Commissioner Rebecca Slaughter despite statutory protections intended to shield commissioners from political dismissal. In a 6-3 decision, the Court struck down long-standing job …
Fresh financial disclosure reports released by the U.S. Supreme Court have shed light on the substantial earnings and gifts received by several justices during 2025, with book advances, royalties, teaching assignments and other benefits featuring prominently in the annual filings. Eight of the court’s nine justices submitted their mandatory financial disclosures, while Justice Samuel Alito …
The U.S. Supreme Court has temporarily halted President Donald Trump’s attempt to remove Federal Reserve Governor Lisa Cook, delivering a significant ruling that reinforces the central bank’s independence even as it broadened presidential authority over other federal agencies in a separate decision. In a closely divided 5-4 verdict, the Court held that Cook could not …
Iraq has warned that it may be forced to explore every available course of action if its oil production quota within OPEC is not substantially increased, according to a senior official from the country’s oil ministry. The remarks come as Baghdad intensifies efforts to secure a larger production allocation, arguing that current limits no longer …
Iraq Signals Tough Stance on OPEC Output Limits Amid Deepening Fiscal Strain Read More »
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