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Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

AI is revolutionizing news ecosystem: Expert

Generative AI has removed barriers in the previous generation of AI such as news devices, new hardware and technical expertise,...
  • With Generative AI, on can run news workflow through interfaces that one pays $20 a month. One doesn't need to be a coder.
  • Jelani Cobb, Dean of Columbia School of journalism, says: '+AI is unignorable force that journalism will have to organize itself around'.

Calls for calm after reported Israeli strike on Iran

An unidentified Israeli official told The Washington Post the "strike" was retaliation for Iran's drone and missile barrage and was...
  • Israeli officials made no public comment on the attack and Iranian officials played down its significance
  • Iranian Foreign Minister Hossein Amir-Abdollahian said Israeli micro-drones used in the operation had caused no deaths or damage

Japanese AI tool predicts when recruits will quit jobs

Tokyo, Japan -- Bosses worried about turnover or wondering how long a new hire will stick around can now turn to...
  • The artificial intelligence tool was developed by Japanese researchers to try and help managers provide targeted support to staff to stop them from quitting.
  • It crunches data on employees at a company, from their attendance record to personal information such as age and gender.

Meta releases beefed-up AI models

The models are built on new versions of publicly available Llama 3.
  • Being open source means that developers outside of Meta are free to customize Llama 3 as they wish.
  • Llama 3, for now, is based in English but in the coming months Meta will release more capable models able to converse in multiple languages, the company said.

G7 nations oppose ‘full-scale military operation in Rafah’

Ministers from Italy, the UK, US, France, Germany, Japan and Canada also slammed the "unacceptable number of civilians" killed in...
  • Israel has faced growing global opposition to the relentless war that has reduced much of Gaza to rubble, while its 2.4 million people have suffered under an Israeli siege.
  • Israel's offensive has killed at least 33,970 people in Gaza, mostly women and children. according to the Gaza health ministry.

Oil prices surge, Asian markets fall following Iran explosions

Oil prices surged more than three percent in early Asian trade, and Asian stock markets slumped by over 3 percent...
  • West Texas Intermediate jumped 4 percent to $86 and Brent rose 3.9 percent to $90.5
  • Asian stocks tumbled Friday, with Japan’s Nikkei slumping as much as 3.5 percent

Israel strikes Syria again following overnight ‘retaliatory’ attack on Iran

Israeli strikes on Friday targeted a Syrian army position in the country's south, a war monitor said, as US media...
  • Israeli strikes on Friday targeted a Syrian army position in the country's south,
  • UN Secretary-General Antonio Guterres: The Middle East is on a precipice

Norway wealth fund earns $109bn on gain in tech stocks in Q1

Oslo, Norway -- Norway's sovereign wealth fund, the world's largest, posted a gain of more than $100 billion in the...
  • The fund's total return on investment reached 6.3 percent, with the yield on global equities reaching 9.1 percent.
  • The fund — which manages assets worth $1.6 trillion — invests the surplus revenues of the country’s oil and gas sector in various assets

Lebanon’s Hizbollah targets Israel base, wounding 14 soldiers

Hours after the strike on Arab al-Aramshe, an Arab-majority village in northern Israel near the border, Israeli forces hit targets...
  • Israel and Hizbollah, an Iran-backed Hamas ally, have been exchanging near-daily cross-border fire since the Palestinian group attacked southern Israel on October 7
  • But Hizbollah strikes in the past few days have included a growing use of explosive drones and wounded people in Israel, which has struck deeper into Lebanon in recent weeks

Climate impacts set to cut 2050 global GDP by nearly a fifth

But slashing greenhouse gas emissions as quickly as possible remains crucial to avoid even more devastating economic impacts after mid-century,...
  • Climate change caused by CO2 emissions already in the atmosphere will shrink global GDP in 2050 by about $38 trillion, or almost a fifth.
  • Germany and the United States are forecast to see income shrivel by 11 percent by 2050, and France by 13 percent.

Trump victory reflects Arab-American support, Netanyahu discusses Iran with him amid lingering regional conflict

In a unique campaign twist, Trump captured Muslim voters by pledging diplomacy, promising to end prolonged conflicts and promote stability,...

Latest News

Nearly 500 dead in Israeli strikes on Hezbollah strongholds in Lebanon

Israeli air strikes on Lebanon killed at least 492 people on Monday, including 35 children, Lebanon's health ministry said, marking...

Economy – the biggest loser in the Israeli-Arab war

The sheer scale of destruction from the deadliest war in Gaza's history has made the road to recovery difficult to...

Boeing lifts wage hike to 30% 

The 30% general wage hike improves upon the 25% in the earlier offer.

Most Read

World leaders gather at UN as Mideast tensions explode

Escalating clashes between Israel and Hezbollah threatened to overshadow US President Joe Biden's final appearance at the UN's signature annual...
  • UN Security Council member France called for an emergency meeting on the crisis engulfing the Middle East
  • Top diplomat of European Union Josep Borrell warned, "we are almost in a full-fledged war" about the Lebanon-Israel situation

Biden’s United States powerless as Israel pounds Lebanon

US President Joe Biden's top priorities for the past 11 months has been to prevent the Gaza war from spiraling...
  • Biden administration was presenting "concrete ideas" to provide an "off-ramp" to prevent further fighting at UN
  • Israeli Prime Minister Benjamin Netanyahu brushed aside warnings of the dangers of regional war

Iran’s president calls Israel warmonger as he seeks talks with West

Iran's President Masoud Pezeshkian has accused Israel of seeking regional war, as he attempted to cast Tehran as restrained and...
  • President Masoud Pezeshkian speaks at a media roundtable in New York on the sidelines of United Nations General Assembly meetings
  • "We know more than anyone else that if a larger war were to erupt in the Middle East, it would not benefit anyone."