INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

US orders carrier group to hasten Middle East arrival

Iranians attend a memorial ceremony for slain leader of the Palestinian Hamas group Ismail Haniyeh (portrait L) at the Mosallah mosque in Tehran, on August 9 2024. AFP
  • US Defence Secretary Austin ordered the aircraft carrier strike group led by the USS Abraham Lincoln, and equipped with F-35 fighters, to "accelerate its transit" to the region
  • The United States announced last week that it was deploying the strike group, as well as additional ballistic missile defense-capable cruisers and destroyers

Washington, United States – US Defense Secretary Lloyd Austin ordered an aircraft carrier group to hasten its arrival in the Middle East, the Pentagon said Sunday, as mounting tensions raise fears of a region-wide war.

It is a show of support for key US ally Israel after Iran and the Lebanese Hizbollah group vowed to avenge last month’s killings of Hamas political chief Ismail Haniyeh and Hizbollah commander Fuad Shukr.

Austin ordered the aircraft carrier strike group led by the USS Abraham Lincoln, and equipped with F-35 fighters, to “accelerate its transit” to the region, said Pentagon spokesman Major General Pat Ryder.

He said Austin, who spoke with his Israeli counterpart Yoav Gallant on Sunday, had also ordered the USS Georgia guided missile submarine to the area.

Ryder said the pair discussed “the importance of mitigating civilian harm, progress towards securing a ceasefire and the release of hostages held in Gaza,” and efforts to deter aggression by Iran-aligned groups in the region.

The United States announced last week that it was deploying the strike group, as well as additional ballistic missile defense-capable cruisers and destroyers, and a fighter squadron.

Israel’s military offensive in Gaza has killed at least 39,790 people, according to the Palestinian territory’s health ministry, which does not provide details on civilian and fighter deaths.