Author: Editorial team

The US Federal Reserve raised its benchmark rate on Wednesday, ending a prolonged period of policy restraint as renewed inflation pressures force officials to act against stubborn price growth. In a statement, the Federal Open Markets Committee said that the Federal Fund rate was being raised by 25 basis points to 3.75-4.00 per cent range.  Recent data showing elevated consumer prices and rising energy costs have strengthened the case for tighter monetary policy. The move marks the first increase since July 2023, when the central bank concluded its aggressive post-pandemic tightening cycle. Since then, rates have either been cut or held steady, meaning…

Amanda Seyfried and Thomas Sadoski have parted ways after nine years of marriage.In a joint statement to People, the actors confirmed their split, saying, they have been separated “for a while” and that the decision has ultimately been the right one for their family.“We have been separated for a while, and it’s proven to be the right move for us and our family unit. We’ve got each other forever and it’s GOOD,” Seyfried and Sadoski said in their statement.Seyfried, 40, and Sadoski, 50, first crossed paths in 2015 while working together in the off-Broadway production The Way We Get By. Later…

Unlike many great cricketers of the past who embraced the glamorous life of broadcasting after retirement, sharing their expertise on television and travelling the world to commentate on high-profile matches at iconic venues, Dilip Vengsarkar was happy to work quietly in the background after retiring from the game as one of India’s greatest Test batsmen of all time.Vengsarkar built cricket academies in Mumbai and Pune and even paid for the education of young cricketers who came from underprivileged backgrounds.In 2002, when the Indian cricket board launched the Talent Resource Development Wing to develop the game at the grassroots level in…

ABU DHABI,17th September, 2026 (WAM) — The United Arab Emirates has condemned in the strongest terms the Houthi group’s attempt to target Makkah al-Mukarramah in the Kingdom of Saudi Arabia, using a drone. In a statement, the Ministry of Foreign Affairs (MoFA) affirmed that the targeting constitutes a flagrant violation of the sovereignty of the Kingdom of Saudi Arabia and a threat to its security and stability. The Ministry reaffirmed the UAE’s solidarity with the Kingdom of Saudi Arabia and its support for all measures aimed at safeguarding its security and stability. Source: Emirates News Agency

DUBAI, 16th September, 2026 (WAM) — As electric mobility enters a defining period of global growth, the technologies transforming transportation are becoming increasingly connected. Electric vehicles now sit within a wider ecosystem spanning charging infrastructure, batteries, energy systems, fleet solutions, software, automation, and smart city development. For industry professionals and mobility enthusiasts, understanding how these areas converge has never been more important. At the center of this transformation, Electric Vehicles Exhibition and Conference 2026 (EV World) brings the global mobility ecosystem to Dubai World Trade Centre from 10–12 November 2026. Organised in strategic partnership with Dubai’s Roads and Transport Authority…

NEW YORK, 17th September, 2026 (WAM) — The US dollar rose against a basket of currencies today following the Federal Reserve’s decision to raise interest rates to a range of 3.75% to 4%. The dollar index rose 0.3% to 99.961 points, reaching its highest level in about five weeks. The euro fell 0.3% to $1.1502, while the British pound declined 0.5% to $1.34155. The dollar gained 0.3% against the Japanese currency to 155.49 yen. Source: Emirates News Agency

ABU DHABI, 16th September, 2026 (WAM) — Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, honoured the winners of the 20th Sheikh Zayed Book Award (SZBA) in a ceremony held at the Abu Dhabi National Exhibition Centre (ADNEC), organised by the Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi, on the sidelines of the 35th Abu Dhabi International Book Fair (ADIBF 2026), which runs until…

The UAE Central Bank on Wednesday raised the Base Rate applicable to the Overnight Deposit Facility by 25 basis points to 3.90%, following the US Federal Reserve’s widely anticipated quarter-point increase in interest rates.The move comes as the UAE maintains its longstanding policy of aligning key rates with the US due to the dirham’s peg to the dollar, a mechanism that helps preserve monetary stability and currency competitiveness.According to Vijay Valecha, Chief Investment Officer at Century Financial, the Fed’s decision was largely expected after a pause of more than three years. “The dirham is pegged to the dollar, so the…

Pop star Ed Sheeran said the decision to drop pro-Palestinian rapper Macklemore from his US concert tour was made by organisers, not him, after he failed to defuse the latest show-business furore over the Gaza conflict.Macklemore, a longtime critic of Israel’s assault on Gaza, was axed from the US leg of Sheeran’s Loop Tour after his “Free Palestine” remarks during a concert earlier this month in New Jersey triggered a backlash.The devastation in Gaza, following militant group Hamas’ October 7, 2023 attack on Israel, has spawned multiple controversies in the entertainment and publishing worlds, with pro-Palestinian, Jewish and Israeli personalities…

Rohit Sharma and Virat Kohli were named in India’s ODI squad on Wednesday for the West Indies series starting this month, as the team continue to prepare for next year’s World Cup.Both Rohit, 39, and Kohli, 37, only play the 50-over format internationally after retiring from Test and T20I cricket.Shubman Gill will lead the 15-man squad for the three-match series starting September 27 in Thiruvananthapuram.According to media reports, Rohit’s place was in doubt despite hitting 138 in his last ODI outing against England at Lord’s in July.The two stalwarts of Indian cricket are keen to play in next year’s ODI…