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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.

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

World has ‘the tools’ to unlock $1.3 trillion in climate finance: COP30 report

The 81-page report was released by the heads of last year's COP29 conference in Azerbaijan and the upcoming COP30 gathering...
  • The 81-page report was released by the heads of last year's COP29 conference in Azerbaijan and the upcoming COP30 gathering in Belem, Brazil
  • "This Roadmap aims to contribute as catalyst and foundation for the next phase of climate action," COP29 president Mukhtar Babayev and COP30 head Andre Correa do Lago said

Ozempic maker lowers outlook

The company posted tepid Q3 results.
  • It marked the latest bad news for the pharmaceutical giant, which has recently changed its CEO, announced plans to lay off 9,000 employees and replaced more than half of its board.
  • The group now expects full-year sales in 2025 to grow by eight to 11 percent, versus the eight to 14 percent range it had expected previously, the company said.

Gaza hospital says received 15 Palestinian bodies under ceasefire exchange deal

They were returned in exchange for the latest hostage body handed back from Gaza on Tuesday, that of Israeli-American soldier...
  • At the start of the truce, Hamas held 48 hostages in Gaza -- 20 alive and 28 deceased.
  • Hamas have since released all the surviving captives, as well as 21 of the deceased's remains.

COP30 dragged into clash over gender language

Negotiators say the effort -- by Paraguay, Argentina, Iran, Indonesia, Malaysia as well as the Holy See -- seeks to...

Latest News

10 killed in Aleppo building collapse: Syria state media

The five-story building collapsed in the Ferdaws neighbourhood of Aleppo. Civil defence and local authorities evacuated residents from nearby buildings...

Sudanese journalists form union to safeguard press freedom

The journalists' syndicate held elections on Saturday, the first since ousted president Omar al-Bashir dissolved independent unions after rising to...

Morocco bus crash leaves 23 dead, scores injured

An average of 3,500 deaths and 12,000 injuries have been recorded annually in Morocco, according to the National Road Safety...

Tunisia train accident leaves nearly 100 passengers injured

A head-on collision between two passenger trains injured 95 people on Monday morning in the south of the Tunisian capital,...

Iranian jet fighter crashes, three killed, reports state TV

Jet fighter crashed in a residential area of the northwestern city of Tabriz.

Rubio says US ‘optimistic’ for UN resolution on Gaza, backing an international force

US Secretary of State said the United States was speaking with different countries on ways to "balance their interests here,...

Google denies removing W.Sahara border for Morocco users

The dotted lines illustrating the border between Western Sahara and Morocco, indicating the former's disputed territory status, have never been...

Macron warns any planned West Bank annexation a ‘red line,’ to provoke a European reaction

He spoke as Palestinian president Mahmud Abbas visited Paris one month into a fragile truce between Hamas and Israel, following...

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Cristiano Ronaldo says 2026 World Cup ‘definitely’ his last

Riyadh, Saudi Arabia -- Portuguese superstar Cristiano Ronaldo on Tuesday said next year's World Cup would be his last as...
  • The 40-year-old forward, with more than 950 club and international goals, also said he would retire from football in "one or two years".
  • "Let's be honest, when I mean soon, it's probably one or two years I'll still be at the game," he said.

Demand for air con set to triple by 2050, warns UN

Geneva, Switzerland -- Global demand for air conditioning could more than triple by 2050, the United Nations warned on Tuesday,...
  • The UN Environment Programme said demand could surge due to increases in population and wealth around the world, combined with more extreme heat.
  • Rising demand for more polluting and inefficient cooling systems "would almost double cooling-related greenhouse gas emissions over 2022 levels", said UNEP.

Sharaa’s US visit: Syria joins alliance against Islamic State after White House talks

Sharaa, whose rebel forces ousted longtime ruler Bashar al-Assad late last year, was the first Syrian leader to visit the...
  • Sharaa, whose rebel forces ousted longtime ruler Bashar al-Assad late last year, was the first Syrian leader to visit the US since the country's independence in 1946
  • According to the official, Syria will also be allowed to resume diplomatic relations with Washington "to further counterterrorism, security, and economic coordination."