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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.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Turkey says increasing energy exports to war-torn Syria

Damascus, Syria -- Turkish Energy Minister Alparslan Bayraktar said Thursday in Damascus that his country would ramp up energy exports...
  • Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the country's infrastructure and economy after almost 14 years of civil war.
  • The conflict badly damaged Syria's power infrastructure, leading to cuts that can last for more than 20 hours a day.

Iran-US nuclear talks set for Rome this week: Oman mediator

Iran and the United States will hold the next round of talks on the Islamic republic's nuclear programme in Rome...
  • The arch-foes have held four rounds of nuclear talks since April 12, the highest-level contact between them since US President Donald Trump abandoned the 2015 nuclear deal
  • Western countries, including the United States, have long accused Iran of seeking to acquire atomic weapons, while Iran insists its nuclear programme is for peaceful purposes

Israeli ‘warning’ fire at diplomats sparks outcry amid Gaza pressure

EU foreign policy chief Kaja Kallas urged Israel to hold to account those responsible for the shooting near Jenin, a...
  • The Palestinian foreign ministry accused Israel of having "deliberately targeted by live fire an accredited diplomatic delegation".
  • The incident came as international pressure intensified over the war in Gaza, where Palestinians were desperate for supplies after a two-month aid blockade was eased.

Cyberattack to cost UK retailer Marks & Spencer $404 million

London, United Kingdom -- British clothes-to-food retailer Marks and Spencer on Wednesday said a cyberattack affecting its online service is...
  • Marks last week revealed that some personal data of its customers had been stolen in a cyberattack that has crippled its online services for weeks.
  • The news came as Marks on Wednesday reported operating profit before adjusting items of  £985 million for its financial year to the end of March.

Oil prices jump on report of Israel prepping Iran strike

Both main crude contracts jumped around one percent after CNN reported multiple US officials as saying the government had received...
  • There are fears that such a sharp escalation could tip the Middle East into a war, with tensions already high over Israel's strikes on Gaza.
  • While safe haven gold pushed higher, the news from CNN appeared to be having little detrimental effect on Asian equities, with most extending the previous day's rally.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.
  • Total revenue saw a 15 percent rise compared to Q1 2024, supported by both passenger and cargo business.
  • With nearly 20 million passengers carried over the last 12 months, Etihad is the fastest-growing airline in the region.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

US asking countries for ‘voluntary’ Palestinian relocation: Rubio

Israel has again warned the population of Gaza -- nearly entirely displaced since the war broke out over the October...
  • President Donald Trump has repeatedly mused about displacing Gaza's two million people to make way for reconstruction.
  • Responding to a question in testimony to the Senate Foreign Relations Committee, Rubio said: "There's no deportation."

The New Travel Mindset: Local Living and Smarter Tech

From immersive local experiences to AI-powered personalization, Muzzammil Ahussain, CEO of Almosafer, shares key trends shaping the future of travel.
  • Japan, Korea, Singapore, Malaysia, and Thailand are growing heavily from this region as connectivity improves.
  • Europe remains strong, but even in Europe, they're exploring more. Before, it was much more London only.

UK halts trade talks with Israel, summons envoy over Gaza

Foreign Secretary David Lammy accused Israeli Prime Minister Benjamin Netanyahu's government of "egregious actions and rhetoric" over its expansion of...
  • Lammy said Britain "cannot stand by in the face of this new deterioration" in Gaza and was pausing negotiations with Israel on a new free-trade agreement.
  • Israel was the country's 44th-largest trading partner last year, with the two countries exchanging 5.8 billion pounds ($7.8 billion) in goods and services.

Urgent need for ‘global approach’ on AI regulation: UN tech chief

Geneva, Switzerland -- The world urgently needs to find a global approach on regulating artificial intelligence, the United Nations' top...

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Roma loans Turkey midfielder Cengiz Under to Marseille for $9.9 million

A transfer fee of 8.4 million euros ($9.9 million) has been set with the Italian club receiving 20 percent of...

Rumsfeld, Iraq war architect, dead at 88

Rumsfeld and vice president Dick Cheney were emblematic of what was seen as excesses in Bush's "war on terror" He...

Saudi Arabia clamps down on anti-vaxxers

The country of 34 million has already administered 12 million doses Over 7,200 people have died of coronavirus in the...

Kuwait strips tens of thousands of citizenship since August 2024

The latest campaign abolishes naturalization by marriage, which only applied to women, and revokes citizenship granted to wives since 1987....

Real estate transactions in five UAE emirates reach $65 billion in Q1

Abu Dhabi, UAE -- Real estate transactions across five emirates in the UAE surged to over AED 239 billion ($65...

Trump expands Apple tariff threat to all smartphones

Washington, United States -- US President Donald Trump on Friday threatened Apple and other smartphone manufacturers with a 25 percent...

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Antonio Guterres denounces ‘cruelest phase’ of Gaza conflict

"For nearly 80 days, Israel blocked the entry of life-saving international aid," Guterres said. "The entire population of Gaza is...
  • "The Israeli military offensive is intensifying with atrocious levels of death and destruction.
  • "Today, 80 percent of Gaza has been either designated an Israeli-militarized zone or an area where people have been ordered to leave."

Trump threatens Apple with a 25% tariff if iPhones aren’t made in US

Washington, United States -- US President Donald Trump on Friday threatened Apple with a 25 percent tariff if the iPhones...
  • Trump's sweeping tariffs on major US trading partners have roiled global markets and upended international commerce.
  • Trump's comments Friday echo statements he made last week while on a trip to Qatar, urging Apple to bring iPhone production to US shores.

TOURISE 2025: Riyadh to host premier summit for sustainable tourism

Riyadh, Saudi Arabia -- Saudi Arabia's Minister of Tourism, Ahmed Al-Khateeb, has officially unveiled TOURISE, a groundbreaking global platform set...
  • The inaugural TOURISE 2025 event will take place in Riyadh from November 11-13, bringing together public and private sector leaders, experts, and investors.
  • Nominations will be accepted via an online portal, with winners announced at a dedicated ceremony during the platform.