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Honda shares soar 16%

The surge came after the auto giant announced a $7bn buyback.

Mubadala acquires stakes from GHH

It acquired an 80 percent stake in Global Medical Supply Chain.

ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Lebanon says 11 killed in Israel strikes across the country

Lebanon said Israeli strikes killed 11 people across the country Tuesday
  • "The Israeli enemy strike on Baalshmay killed five people," the health ministry said
  • Israeli strikes outside Hezbollah strongholds have often targeted buildings where displaced civilians have sought refuge

Saudi-hosted summit says Mideast peace requires end to Israeli occupation

The summit's closing statement said that "a just and comprehensive peace in the region... cannot be achieved without ending the...
  • The international community should "launch a plan with specific steps and timing under international sponsorship" to make a sovereign Palestinian state a reality, it added.
  • The leaders also condemned "horrific and shocking crimes" by Israel's army, saying they occurred "in the context of the crime of genocide".

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.
  • Avia's first firm order with the aviation giant comes with an option to add another 40 jets later, Boeing and Avia said in a statement.
  • The purchase announcement came shortly after striking workers at Boeing last week approved a new contract proposal, ending a more than seven-week stoppage that cost it billions

World leaders meet for climate talks, but big names missing

Dozens of world leaders convene in Azerbaijan on Tuesday for COP29 but many big names are skipping the UN climate...
  • Heads of some of the most powerful and polluting economies are not attending
  • Top priority at COP29 is boosting funding for climate action in developing countries

World leaders meet for climate talks, but big names missing raising concerns over global climate commitment

The small group of developed countries that currently contributes the money wants the donor pool expanded to include other rich...
  • More than 75 leaders are expected in Baku over two days but the heads of some of the most powerful and polluting economies are not attending this year's summit
  • Just a handful of leaders from the G20 -- which accounts for nearly 80 percent of planet-heating greenhouse gas emissions -- are expected in Azerbaijani capital

Donald Trump ramps up transition moves with key appointments

President-elect Donald Trump is tapping loyalists for several key posts after signaling his desire to have his cabinet confirmed without...
  • Trump has promised to carry out the "biggest deportation operation in the history of our country"
  • New York congresswoman Elise Stefanik got the nod for UN ambassador, while Stephen Miller might serve as deputy chief of staff

Saudi Crown Prince says Israel must not attack Iran, expresses shock over war crimes in Gaza

Indicating improving ties between the two major powerhouses in the Middle East, Crown Prince Mohammed bin Salman urged international community...
  • International community should oblige Israel "to respect the sovereignty of the sisterly Islamic Republic of Iran.."
  • Riyadh and Tehran are warming their relationship, and this is a very different regional environment, says expert.

Saudi crown prince demands Gaza, Lebanon ceasefires at Arab summit

Prince Salman also called on Israel not to attack Iran, highlighting improving ties between Saudi Arabia and its former regional...
  • Prince Mohammed bin Salman said the international community must "immediately halt the Israeli actions against our brothers in Palestine and Lebanon".
  • A draft resolution for the summit stresses "firm support" for "national rights" for the Palestinian people, "foremost among which is their right to freedom".

COP29 opens with Trump climate withdrawal looming

he COP29 climate talks open Monday in Azerbaijan, under the long shadow cast by Donald Trump's re-election. Trump has pledged...
  • Fears of an imminent US departure from the landmark Paris Agreement
  • US$100 billion-a-year target to help developing nations prepare for worsening climate impacts

Portraits of pain: smuggled Palestinian art shows trauma of Gaza

Smuggled art pieces from Gaza are on display in an exhibition in Amman showcasing pain, suffering and a strong resolve...
  • The paintings document the brutality of war and massacres… carrying pain and sorrow and also a strong resolve and determination
  • The exhibition in Jordan features 79 artworks crafted from improvised materials including medicine wrappers

Post-Assad Syria seeks peace; Erdogan pushes anti-terror agenda, US warns on Kurdish conflict

Barbara Leaf, Washington's top diplomat for the Middle East, told Syria's new leader Ahmed al-Sharaa of the "critical need to...

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ECB to cut rates again amid bleak eurozone outlook

The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence...

Assad’s fall reshapes Middle East politics, redefining power dynamics across the region

The Islamist Hayat Tahrir al-Sham rebels shocked the world by swiftly seizing Aleppo and Damascus, overshadowing global focus on the...

UK Prime Minister to talk trade, Middle East during Gulf visit

London, United Kingdom -- Britain's leader Keir Starmer makes his first trip to the Gulf as prime minister from Sunday, seeking...

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Celebrations erupt across Syria to mark end of 50 years of Baath party rule

Bashar al-Assad's whereabouts not clear, but his key backer Russia said he had resigned from the presidency and left Syria....
  • Protests spread like wildfire in neighbouring provinces, with anti-government demonstrators toppling statues of late president Hafez al-Assad in the Jaramana suburb of Damascus
  • The Israeli army said Saturday that its troops were assisting UN peacekeeping forces in the Syrian-controlled part of the Golan Heights in repelling an attack "by armed individuals

Syria: Assad faces stunning setbacks as rebels seize Daraa, Hama, and Aleppo in quick succession

While Aleppo and Hama, the two other main cities taken from government control in recent days, fell to an Islamist-led...
  • Since a rebel alliance led by the Islamist Hayat Tahrir al-Sham (HTS) launched its offensive on November 27, the government has lost Aleppo and subsequently Hama in central Syria
  • Syria's civil war, which began with Assad's crackdown on democracy protests, has killed more than 500,000 people and forced more than half the population to flee their homes

Turkey confirms Syria talks with Russia and Iran

A meeting was expected on the forum's sidelines between Turkey, and Damascus allies Iran and Russia.
  • Turkey's Foreign Minister Hakan Fidan "will meet with the Russian and Iranian ministers"
  • The so-called Astana process involving the three countries was launched by Kazakhstan in 2017