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Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.
  • Hungary’s ‘master of the apocalypse’ Krasznahorkai wins literature Nobel

    Stockholm, Sweden -- The Nobel Prize for Literature was on Thursday awarded to Laszlo Krasznahorkai considered by many as Hungary's...

    The Swedish Academy honored him "for his compelling and visionary oeuvre that, in the midst of apocalyptic terror, reaffirms the power of art".

    The Academy highlighted Krasznahorkai's first novel published in 1985, "Satantango", which brought him to prominence in Hungary and remains his best-known work.

  • Ancient tablet disappears from Egypt’s Saqqara necropolis

    Cairo, Egypt - A limestone tablet dating back more than 4,000 years has disappeared from Egypt's Saqqara necropolis, authorities said...

    In a statement, the antiquities ministry announced "the disappearance of an ancient tablet from the tomb of Khenti Ka in the Saqqara archaeological area".

    In September, Egyptian police said they arrested a museum employee and three alleged accomplices after a priceless ancient gold bracelet was stolen from Cairo's Egyptian Museum

  • Let the ‘Showgirl’ era begin: Taylor Swift’s new album is almost here

    New York, United States - Swifties, the wait is nearly over. Taylor Swift's hotly anticipated "The Life of a Showgirl"...

    "Showgirl" is the 35-year-old's 12th studio album, and draws inspiration from her life on the record-shattering Eras Tour, which wrapped up late last year with a staggering $2 bn

    The album "comes from the most infectiously joyful, wild, dramatic place I was in in my life," she said on the New Heights podcast hosted by Kelce and his brother

  • ‘I don’t recognise my country,’ says Angelina Jolie

    San Sebastian, Spain - American actress Angelina Jolie said Sunday she no longer recognises her country, voicing concern over threats...

    Her comments come as worries grow over free speech in the United States, after President Donald Trump's crackdown on critical media

    "Anything, anywhere, that divides or, of course, limits personal expressions and freedoms and, from anyone, I think is very dangerous," she added

  • Egypt says stolen pharoah’s bracelet melted down, sold for $4,000

    Cairo, Egypt -- Egyptian police said on Thursday they arrested a museum employee and three alleged accomplices after a priceless...

    The 3,000-year-old bracelet, a gold band adorned with lapis lazuli beads, dated back to the reign of Amenemope, a pharaoh of Egypt's 21st Dynasty (1070-945 BC).

    Kept in a locked metal safe inside the museum's conservation lab, it was reported missing on Saturday by museum staff.

  • Catholic teen set to become first millennial saint

    Vatican City, Holy See -- Tens of thousands of pilgrims are expected at the Vatican Sunday for the canonization of...

    Carlo Acutis, who died of leukemia in 2006 aged 15, will be made the first millennial saint by Pope Leo XIV in a solemn ceremony in St Peter's Square.

    The teenager's body, dressed in jeans and a pair of Nike trainers, lies in a glass-walled tomb in Assisi, visited by hundreds of thousands of people a year.

  • AI-powered meet-up apps fight ‘epidemic of’ loneliness

    San Francisco, United States -- On a summer evening in San Francisco, JT Mason went to dinner with five complete...

    The growing difficulties individuals face in forming meaningful connections have alarmed health professionals.

    In 2017, then US surgeon general Vivek Murthy described a "loneliness epidemic."

  • Italian fashion icon Giorgio Armani dead at 91

    Rome, Italy -- Italian fashion legend Giorgio Armani, king of a high-end lifestyle empire, has died at the age of...

    The Italian icon was credited with inventing red-carpet fashion, but also moved into a younger and less expensive range through Emporio Armani.

    His death came just weeks ahead of celebrations marking 50 years of his eponymous label.

  • Turkey bans concert by French singer over support for Israel

    Istanbul, Turkey - Turkish authorities Wednesday said they have banned a planned concert Friday in Istanbul by Enrico Macias after...

    The Istanbul governorate said in a statement that it had wanted to prevent any demonstrations on the sidelines of the concert "against the genocide of the terrorist state Israel."

    The 86-year-old singer told AFP that he has performed in Turkey for 60 years and is "deeply surprised and saddened not to be able to see my audience."

  • Big dreams but no protein shake: Yemeni bodybuilder fighting to make it

    Al Mukalla, Yemen -- In a dimly lit, suffocatingly hot gym in Yemen, bodybuilder Saleh Hussein al-Raidi wraps his hands...

    Raidi is fueled more by passion than the strict nutrition regimen required by his sport, his meals often limited to a small piece of fish with rice.

    Supporting his family is already a daily struggle, even before he pays for what little specialist food and supplements he can afford.