Wednesday, March 18

    GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term rating to A-3 from A-2, while keeping a negative outlook. The cut leaves Botswana at the lowest investment-grade level and comes as weaker rough diamond sales continue to squeeze export earnings, state revenue and…

    News Just In

    News

    ADDIS ABABA: Ethiopia has declared three days of national mourning after the death toll from heavy rain-triggered landslides in the country’s south rose to at least 80, with recovery teams still searching…

    Technology

    NEW DELHI: India is preparing a new fund worth more than 1 trillion rupees, or about $11 billion, to support domestic semiconductor production, according to a report published Thursday. The report said…

    Sports

    DUBAI: Tallon Griekspoor will face former world No. 1 Daniil Medvedev in the men’s singles final of the Dubai Duty Free Tennis Championships after both players won their semifinals on Friday at the…

    Automotive

    MENA Newswire, ATLANTA: Mercedes-Benz USA has unveiled the 2027 S-Class Sedan as a major update to its flagship luxury sedan, adding new lighting signatures, a revised cabin technology stack and expanded personalization choices. The automaker said the model introduces an illuminated front grille with three-dimensional chrome star accents, and for the first time offers an illuminated…