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Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

Iran fires back at Israel after onslaught targets nuclear facilities

Air raids sirens and explosions rang out across Israel after Prime Minister Benjamin Netanyahu took to the airwaves to warn...
  • Air raids sirens and explosions rang out across Israel after Prime Minister Benjamin Netanyahu took to the airwaves to warn he expected "several waves of Iranian attacks."
  • Smoke could later be seen billowing above the skyscrapers in downtown Tel Aviv, an AFP journalist reported, as Iran's Revolutionary Guard said it had attacked dozens of targets

Nations advance ocean protection, vow to defend seabed

UN Ocean Conference wrapped up Friday with world leaders taking major steps toward marine protection and vowing a showdown when...
  • The summit was just the third -- and largest yet -- dedicated entirely to what the United Nations calls an "emergency" in the world's oceans.
  • More than 60 heads of state and government joined thousands of business leaders, scientists and environmental campaigners over five days in the southern city of Nice.

Iran calls Israeli strikes ‘declaration of war’ amid international calls for restraint

Trump warns Tehran that the "next planned attacks" will be "even more brutal" and said Iran should cut a deal...
  • Top brass killed included the head of Iran's Revolutionary Guards, Hossein Salami, and the chief of staff of its armed forces, Mohammad Bagheri.
  • Trump said Israel fully informed him of its raids ahead of time, but insisted the United States was not involved.

Nuclear states spent $100 billion on atomic arsenals in 2024, say ICAN

ICAN said Britain, China, France, India, Israel, North Korea, Pakistan, Russia and the United States together spent nearly $10 billion...
  • ICAN said Britain, China, France, India, Israel, North Korea, Pakistan, Russia and the United States together spent nearly $10 billion more than in 2023
  • The United States spent $56.8 billion in 2024, followed by China at $12.5 billion and Britain at $10.4 billion, ICAN said in its flagship annual report

US still wants talks with Iran on Sunday: US official

Washington, United States - The United States still hopes to hold talks Sunday with Iran, even after Israel launched a...
  • The official had no further information on whether Iran had agreed to the talks
  • Oman had earlier planned talks Sunday involving Steve Witkoff, President Donald Trump's friend

MENA brief Jun 13: Prince Salman to skip G7 meet, OpenAI in funds talks with PIF

In the financial sector, Fitch Ratings has projected a notable uptick in mergers and acquisitions within Saudi Arabia’s insurance industry....
  • Qatar’s real estate sector recorded transactions exceeding QAR 1 billion in the first five days of June, driven by strong demand for residential and commercial assets.
  • Morocco emerged as North Africa’s financial leader, with six of the region’s top 20 listed firms based in the country.

Israel says Hamas ‘weaponising suffering in Gaza’ as aid workers killed

Israel charged on Thursday that Hamas was "weaponising suffering in Gaza" after a US and Israeli-backed charity accused the Palestinian...
  • The distribution of food and basic supplies in the blockaded and war-ravaged Gaza has become increasingly fraught and perilous
  • Asked to respond to the GHF accusation, the Hamas government media office in Gaza said GHF was a "filthy tool" of Israeli forces

Israel strikes Iran’s nuclear sites, kills top generals; Tehran, Iraq shut airspace, casualties reported

Israel's operation struck at the "heart of Iran's nuclear enrichment programme", taking aim at the atomic facility in Natanz and...
  • Israel's operation struck at the "heart of Iran's nuclear enrichment programme", taking aim at the atomic facility in Natanz and nuclear scientists
  • Iranian state media said residential buildings in Tehran were also hit, killing a number of civilians including women and children

Flames and smoke in aftermath of crashed India passenger jet

While officials initially said everyone aboard was feared dead, state health official Dhananjay Dwivedi told AFP later that one passenger...
  • Air India's flight 171 -- a Boeing 787-8 Dreamliner bound for London's Gatwick Airport -- crashed shortly after takeoff around 0810 GMT.
  • The passengers included 169 Indian nationals, 53 British, seven Portuguese, and a Canadian. Two pilots and 10 cabin crew were also aboard.

UN to vote on calling for unconditional Gaza ceasefire

Like the text blocked by Washington to protect its Israeli allies, the draft resolution before the General Assembly calls for...

US halting some shipments of military aid to Ukraine

The White House said Tuesday it is halting some key weapons shipments to Ukraine that were promised under the Biden...

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Israeli commandos operated in Iran during 12-day war: military

The war erupted on June 13 when Israel launched a surprise bombing campaign that it said aimed to stop Iran...

Hezbollah hails Iran’s ‘divine victory’ over Israel

Lebanese militant group Hezbollah on Wednesday hailed what it called its ally Iran's victory over Israel after 12 days of...

Iran lawmakers back suspending cooperation with UN nuclear watchdog

Tehran, Iran -- Iranian lawmakers voted Wednesday in favor of suspending cooperation with the United Nations' atomic energy watchdog, state...

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What does NATO’s 5% spending deal really mean?

The Hague, Netherlands - NATO leaders are set to sign off Wednesday at their Hague summit on a defence spending...
  • Trump has insisted NATO countries hit the five-percent bar -- well beyond the current two percent baseline level currently required by the alliance
  • Only a handful of allies -- such as Poland and the Baltic states -- are coming close to five percent at the moment, with the United States itself under 3.4 percent in 2024

China calls CIA videos ‘absurd’ attempt to recruit spies for America

China's Ministry of State Security (MSS) said the placement of what amounted to job advertisements on social media platform X...
  • China said the placement of what amounted to job advertisements on social media platform X was an "amateurish gambit" to convince people to spy for America
  • CIA director John Ratcliffe said that the videos posted last month -- which implored the sharing of state secrets -- were aimed at "recruiting Chinese officials to help the US".

US intel says Iran nuclear sites not destroyed, only set back by a few months

Trump rejected that claim on Tuesday, posting on his Truth Social account that “the nuclear sites in Iran are completely...
  • Trump rebuffed that claim on Tuesday, posting on his Truth Social account that "THE NUCLEAR SITES IN IRAN ARE COMPLETELY DESTROYED!"
  • White House Press Secretary Karoline Leavitt had previously confirmed the authenticity of the assessment but said it was "flat-out wrong".