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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.

OpenAI signs multi-billion dollar chip deal with AMD

New York, United States -- OpenAI signed a multi-year partnership Monday with chipmaker Advanced Micro Devices as the ChatGPT-maker continues...
  • The companies announced the plan to develop AI data centers that the chipmaker said would bring in tens of billions of dollars in new revenue over the next five years.
  • AMD's share price surged 35 percent when markets opened on news of the agreement that would see the company deliver six gigawatts worth of chips to the ChatGPT-maker.

Indirect talks on ending Gaza war begin in Sharm El-Sheikh: Egypt media

Behind closed doors and under tight security, negotiators will speak through mediators shuttling back and forth, only weeks after Israel...
  • The Hamas delegation, led by top negotiator Khalil al-Hayya who survived the attack in Doha, held a meeting with Egyptian intelligence officials ahead of the talks.
  • Trump, whose envoy Steve Witkoff and son-in-law Jared Kushner are expected in Egypt, has urged negotiators to "move fast" to end the war in Gaza.

What are regulatory T-cells? Nobel-winning science explained

Paris, France -- The Nobel Prize in Medicine was awarded on Monday to three scientists for discovering how a particular...
  • There are now over 200 clinical trials testing treatments involving regulatory T-cells, according to the Nobel ceremony.
  • However the breakthroughs which won Monday's Nobel have not yet led to a drug that is currently in wide use.

China’s chip challenge: the race to match US tech

Beijing, China - China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle...
  • Ramping up its chip industry is a way for Beijing to beat restrictions imposed by Washington on exports of the most advanced chips -used to power AI systems
  • The United States cites national security concerns, such as the risk of giving China a military advantage, for the block, a geopolitical bind that shows no sign of easing

Turkey bans Oct 7 Robbie Williams concert over ‘safety concerns’

Istanbul, Turkey - Turkish authorities have banned a Robbie Williams concert scheduled for October 7 in Istanbul over "safety concerns"...
  • The concert would have occurred on the anniversary of the devastating Hamas-led attacks in Israel that triggered war in Gaza and a global protest movement against it
  • The British singer Williams, whose wife is Jewish, performed in Israel in 2015 and 2023  despite calls from pro-Palestinian activists to boycott the country

Iran says cooperation with UN nuclear watchdog ‘no longer relevant’

Iran's top diplomat said Sunday that cooperation with the United Nations nuclear watchdog was no longer relevant following the reimposition...
  • "The Cairo agreement is no longer relevant for our cooperation with the IAEA (International Atomic Energy Agency)," Foreign Minister Abbas Araghchi said
  • The deal had set up a framework to resume cooperation and allow the watchdog to inspect Iranian sites, after Tehran suspended cooperation following Israeli and US strikes

Vietnam defies US tariffs with 8.2% growth in third quarter

Hanoi, Vietnam -- Vietnam recorded economic growth of 8.2 percent in the third quarter, among the highest increases in more...
  • Finance Minister Nguyen Van Thang said the figure -- excluding the surge in 2022 driven by a post-Covid recovery -- was "the highest quarterly growth since 2011".
  • The Southeast Asian manufacturing hub achieved growth of 7.96 percent in the second quarter.

Hamas calls for swift hostage-prisoner swap as talks set to begin

Foreign ministers of several countries, including Egypt, said the talks were a "real opportunity" to achieve a comprehensive and sustainable...
  • The diplomatic push follows Hamas's positive response to Trump's roadmap for an end to the fighting and the release of hostages in exchange for Palestinians in Israeli jails.
  • The White House said Trump had also sent two envoys to Egypt -- his son-in-law Jared Kushner and Middle East negotiator Steve Witkoff.

Bangladesh deploys warships to protect prized hilsa fish

Dhaka, Bangladesh -- Bangladesh's defense force said it has deployed warships and patrol aircraft as part of a special surveillance...
  • The herring-like hilsa return from the Bay of Bengal to rivers each year to lay eggs.
  • Bangladeshi authorities said on Saturday they had imposed a three-week ban on fishing from October 4-25 to safeguard the spawning areas.

Bitcoin hits record high above $125,000

Tokyo, Japan -- Bitcoin reached a new record high on Sunday, rising above the $125,000 mark. The cryptocurrency reached $125,689,...
  • The cryptocurrency reached $125,689, shooting above its previous August record of around $124,500.
  • Bitcoin has enjoyed a strong upward momentum with investors cautious about the US government shutdown.

Israel confirms remains returned are officer Goldin killed in 2014 Gaza war

Jerusalem, Undefined - Israel said the remains it received on Sunday from Hamas were those of Lieutenant Hadar Goldin, an...

Latest News

Israel hits another Gaza target after deadliest night since truce

Israel said it struck an arms dump in Gaza on Wednesday, hours after the deadliest night of bombing since the...

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Trade truce in balance as Trump meets ‘tough negotiator’ Xi: ‘We’ll have a great understanding’

The world's two top economies' trade tussle -- encompassing everything from rare earths to soybeans and port fees -- has rocked...

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AI chip giant Nvidia becomes world’s first $5 trillion company

New York, United States -- AI chip juggernaut Nvidia became the world's first $5 trillion company on Wednesday, as investors...
  • By way of comparison, the level was greater than the GDP of France or Germany or higher than that of Tesla, Meta (Facebook), and Netflix combined.
  • Microsoft and Apple, the two other largest global market capitalizations, only just exceed $4 trillion in valuation each.

Syria attracted $28 bn in investment since Assad’s fall: president

Syria has begun the mammoth task of trying to rebuild its shattered economy, after over a decade of war saw...
  • Earlier this month, the World Bank put a "conservative best estimate" of the cost of rebuilding Syria at $216 billion.
  • In May, Syria signed a $7 billion energy deal with a consortium of Qatari, Turkish and US companies as it seeks to revive its crippled power sector.

Microsoft holds 27% of OpenAI in revamped partnership

San Francisco, United States - Microsoft and OpenAI announced Tuesday a sweeping overhaul of their landmark artificial intelligence (AI) partnership,...
  • OpenAI has also committed to purchasing $250 billion in Azure cloud services from the tech giant, though Microsoft no longer holds first refusal rights as OpenAI's compute provider
  • The partnership began in 2019 when Microsoft invested $1 billion in what was then a small AI research organization founded in 2015 by tech luminaries including Elon Musk