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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.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

China’s consumer prices rose in Oct, reversing stagnation

Beijing has struggled to maintain a strong economic recovery from the pandemic, as it fights a debt crisis in its...
  • The consumer price index, a key measure of inflation, rose 0.2 percent year-on-year last month, according to the National Bureau of Statistics (NBS).
  • Consumer prices were stagnant in July followed by two months of decline.

Tunisian opponents go on collective hunger strike to support jailed figure

Tunis, Tunisia - Prominent Tunisian opposition figures including Rached Ghannouchi said Friday they would go on hunger strike in solidarity...
  • Jawhar Ben Mbarek, co-founder of the National Salvation Front, Tunisia's main opposition alliance, launched a hunger strike last week to protest his detention since February 2023
  • In April, he was sentenced to 18 years behind bars on charges of "conspiracy against state security" and "belonging to a terrorist group" in a mass trial criticised by rights group

Turkey issues genocide arrest warrant against Netanyahu, senior officials in his govt

The announcement was met with a firm rebuttal from Israel. Foreign Minister Gideon Saar said Israel "firmly rejects, with contempt"...
  • The Istanbul prosecutor's office said in a statement that a total of 37 suspects were targeted by the arrest warrants, without providing a full list
  • The announcement was met with a firm rebuttal from Israel. Foreign Minister Gideon Saar said Israel "firmly rejects, with contempt" the charges

Chinese ship scouts deep-ocean floor in South Pacific

Beijing, China -- A Chinese research vessel docked in the Cook Islands Saturday as it probed the Pacific nation's deep-sea...
  • Huge areas of seabed around the Cook Islands are carpeted in polymetallic nodules, lumpy rocks studded with rare earths and critical minerals such as cobalt, nickel and manganese.
  • Fringed by sparkling lagoons, South Pacific nation the Cook Islands has opened its vast ocean territory for deep-sea mining exploration.

At COP30, nations target the jet set with luxury flight tax

Rooted in the idea that a small elite of premium flyers should pay more for their outsized contribution to global...
  • Diplomats from the coalition of more than 10 countries are pushing for more to come aboard.
  • Countries that do not yet have such a tax would commit to imposing levies on business and first-class tickets as well as private jets.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.
  • The Danish firm said Saturday that it "does not intend to make an increased offer to acquire Metsera."
  • The company "will continue to assess opportunities for business development and acquisitions that... further its strategic objectives," it said.

Kazakhstan to join Abraham Accords as Trump pushes Mideast peace

Washington, United States - Kazakhstan said Thursday it will join the Abraham Accords between Israel and mainly Muslim nations, in...
  • The central Asian republic has had diplomatic ties with Israel for decades, unlike the four Arab states that normalized relations with Israel under Abraham accords
  • But with Trump aiming to shore up his fragile Gaza ceasefire deal, Washington is pushing to get as much support as possible behind a wider peace initiative

UAE company inks $22 mn deal for stake in Latakia container terminal

Dubai, United Arab Emirates - AD Ports Group of the United Arab Emirates (UAE) signed a $22 million agreement Thursday...
  • Abu Dhabi-based firm inked the deal with French shipping giant CMA CGM for a 20 percentage stake in the Latakia International Container Terminal, AD Ports Group said in a statement
  • The Syrian government signed a 30-year contract in May with the French firm to run the Mediterranean port and modernise it, including developing the infrastructure

Qatari firm to invest $29.7 billion in Egypt coastal development

The project in the Alam al-Roum area, in Egypt's Matrouh Governorate, will span "4,900 acres... extending across a coastline of...
  • Egypt, mired in its worst economic crisis in decades, is betting big on its 3,000 kilometres (1,800 miles) of coastline as a revenue source
  • In 2024 the UAE said it would inject $35 billion in foreign direct investment into Egypt, including $24 billion that would go to developing the Ras al-Hikma area west of Alexandria

Embracing heritage, Mamdani marks watershed for South Asian Americans

Washington, United States - In a victory speech capping his meteoric rise, New York's mayor-elect Zohran Mamdani quoted at length...
  • As he left the stage to a cheering cross-section of the metropolis, the song on the speaker was not one of the many well-worn tunes about New York but the beats from Bollywood
  • Mamdani, winning a mandate with a left-wing agenda focused on making New York more affordable, has made history as the first South Asian to lead America's largest city

The Sudanese who told the world what happened in El-Fasher

Port Sudan, Sudan -- "Sixteen killed." "Seven killed." "Thirty-one killed." "People are eating cowhide to survive." "The bombs are getting...

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Air India probe of Boeing 787 fuel control switches finds no issues

Mumbai, India - Air India's inspection of the locking feature on the fuel control switches of its existing Boeing 787...

Israeli airstrike kills five Palestinians in West Bank

Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...

Dubai roads, airport reel from floods after record rains

Power outages were reported around Dubai, which was dotted with flooded areas and submerged and abandoned cars. One road tunnel...

Heavy storms soak Gulf as Oman toll rises to 18

Flooding hit many areas of Dubai and Abu Dhabi, the UAE capital, and cut off major roads, snarling traffic and...

Number of journalists killed on job in 2023 declines despite Gaza: RSF

In the first 11 months of 2023, 45 journalists were killed carrying out their work, down from 61 last year,...

Turkey issues genocide arrest warrant against Netanyahu, senior officials in his govt

The announcement was met with a firm rebuttal from Israel. Foreign Minister Gideon Saar said Israel "firmly rejects, with contempt"...

Chinese ship scouts deep-ocean floor in South Pacific

Beijing, China -- A Chinese research vessel docked in the Cook Islands Saturday as it probed the Pacific nation's deep-sea...

At COP30, nations target the jet set with luxury flight tax

Rooted in the idea that a small elite of premium flyers should pay more for their outsized contribution to global...

Most Read

Kazakhstan to join Abraham Accords as Trump pushes Mideast peace

Washington, United States - Kazakhstan said Thursday it will join the Abraham Accords between Israel and mainly Muslim nations, in...
  • The central Asian republic has had diplomatic ties with Israel for decades, unlike the four Arab states that normalized relations with Israel under Abraham accords
  • But with Trump aiming to shore up his fragile Gaza ceasefire deal, Washington is pushing to get as much support as possible behind a wider peace initiative

UAE company inks $22 mn deal for stake in Latakia container terminal

Dubai, United Arab Emirates - AD Ports Group of the United Arab Emirates (UAE) signed a $22 million agreement Thursday...
  • Abu Dhabi-based firm inked the deal with French shipping giant CMA CGM for a 20 percentage stake in the Latakia International Container Terminal, AD Ports Group said in a statement
  • The Syrian government signed a 30-year contract in May with the French firm to run the Mediterranean port and modernise it, including developing the infrastructure

Qatari firm to invest $29.7 billion in Egypt coastal development

The project in the Alam al-Roum area, in Egypt's Matrouh Governorate, will span "4,900 acres... extending across a coastline of...
  • Egypt, mired in its worst economic crisis in decades, is betting big on its 3,000 kilometres (1,800 miles) of coastline as a revenue source
  • In 2024 the UAE said it would inject $35 billion in foreign direct investment into Egypt, including $24 billion that would go to developing the Ras al-Hikma area west of Alexandria