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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.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Syrian leader to discuss sanctions, reconstruction in US visit: FM

Syria's president will discuss issues including lifting remaining sanctions, reconstruction and counter-terrorism when he becomes the country's first leader to...

US treasury secretary signals deal to ease trade war with China

Washington, United States -- US Treasury Secretary Scott Bessent on Sunday signaled a tentative deal with China to de-escalate their...
  • Scott Bessent said the US threat of a 100% tariff hike on Chinese goods had effectively been taken off the table in exchange for Beijing deferring curbs on its rare earth exports.
  • The secretary's remarks came as Trump kicked off an Asia tour in Kuala Lumpur that will culminate in a sitdown with Xi in South Korea.

TotalEnergies approves restart of $20-bn Mozambique gas project

Paris, France -- France's TotalEnergies said Saturday the consortium it leads to build a $20-billion liquified natural gas project in...
  • The Mozambique LNG project, the largest private investment in Africa's energy infrastructure, is expected to generate thousands of jobs.
  • Work was frozen after militants launched a deadly attack on the site of the project near the Tanzanian border in March 2021, resulting in around 800 deaths.

Mamdani in touching distance of becoming NY mayor

New York, United States -- An unknown local lawmaker just a few months ago, leftist Zohran Mamdani has burst onto...
  • The 34-year-old election frontrunner was born in Uganda to a family of Indian origin and has lived in the United States since he was seven.
  • He is the son of filmmaker Mira Nair ("Monsoon Wedding," "Salaam Bombay!") and Mahmood Mamdani, a professor and respected Africa expert.

US Fed will likely cut again despite economic murkiness from shutdown

The central bank's second-to-last rate meeting of the year is taking place against the backdrop of a weeks-long standoff between...
  • Without these key insights into the US economy, Fed officials will be forced to set interest rates without the full spectrum of data they normally rely upon.
  • The US central bank has a dual mandate from Congress to act independently to tackle both inflation and unemployment.

The armed groups clashing with Hamas in Gaza

Shortly after a ceasefire took effect in Gaza, clashes erupted between armed groups, some backed by Israel and others loyal...
  • Some of these groups are criminal gangs, others consist of members of historically influential Gaza families, and some combine both elements, experts told AFP
  • Armed gangs in Gaza are reportedly acting under Israeli protection, and allegedly loot aid convoys entering the territory, where shortages remain dire after Israel's blockade

Afghanistan, Pakistan seek to firm up truce in Istanbul talks

Afghan and Pakistani negotiators were locked in talks to hammer out a lasting ceasefire Saturday, with Islamabad warning that if...
  • Two weeks ago, the Taliban government launched a border offensive following explosions in Kabul which it blamed on its Pakistani neighbour
  • Vowing a strong response, Islamabad then carried out "precision strikes" against armed groups on Afghan soil which are at the heart of the dispute

Trump heads for Asia and Xi trade talks

US President Donald Trump left on Friday for Asia and high-stakes trade talks with Chinese counterpart Xi Jinping -- adding...
  • Trump is set to meet Xi in South Korea on the last day of his regional swing in a bid to seal a deal to end the bruising trade war between the world's two biggest economies
  • He will also visit Malaysia and Japan on his first trip to Asia since he returned to the White House in January in a blaze of tariffs and international dealmaking

China vows massive high-tech sector development in next decade

Beijing, China -- China will develop its high-tech sector on a massive scale in the next decade, top officials vowed...
  • The country has poured support and investment into developing its science and technology sectors, part of ongoing efforts to present itself as a world leader in those areas.
  • Domestically, China has been beset by sluggish spending, a protracted property sector crisis and a demographic crunch as its population starts to decline.

Rubio seeks quick deployment of international Gaza force

He confirmed that Israel would enjoy vetoes on the force composition, amid reports Israel has objected to participation by Turkey.
  • Turkey, a NATO member and one of the region's strongest militaries, was the first Muslim-majority country to recognize Israel.
  • Indonesia, the world's largest Muslim-majority state, has said it is ready to send troops to Gaza.

Trump heads to Asia and high-stakes meeting with Xi

US President Donald Trump embarks on a major trip to Asia this week with all eyes on a meeting with...
  • Trump said Wednesday he was making a "big trip" to Malaysia, Japan and South Korea, his first visit to the region since he returned to the White House
  • The highlight will be his talks with Xi in South Korea, which Trump's spokeswoman confirmed would take place on October 30 on the sidelines of an APEC summit

Syrian leader to discuss sanctions, reconstruction in US visit: FM

Syria's president will discuss issues including lifting remaining sanctions, reconstruction and counter-terrorism when he becomes the country's first leader to...

Latest News

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...

Pakistan says peace talks with Afghanistan ‘failed’

Islamabad, Pakistan - Pakistan said Wednesday that negotiations for a lasting truce with Afghanistan had "failed to bring about a...

Trump says ‘nothing’ will jeopardize Gaza ceasefire after Israeli strikes kill 38 people

Trump defended Israel's actions on Wednesday, saying it "should hit back" if Israeli soldiers were killed, but added that "nothing's...

Most Read

OpenAI says a million ChatGPT users talk about suicide

San Francisco, United States -- Data from ChatGPT-maker OpenAI suggest that more than a million of the people using its...
  • estimated that approximately 0.15 percent of users have "conversations that include explicit indicators of potential suicidal planning or intent."
  • With OpenAI reporting more than 800 million people use ChatGPT every week, this translates to about 1.2 million people.

Zohran Mamdani’s rise signals new hope for US democrats searching for a winning formula

Mamdani, a 34-year-old self-described democratic socialist, has developed a plan aimed at luring working-class people and young adults, for whom...
  • The Democrats -- shut out of power in the White House and both chambers of Congress -- are seen negatively by 63 percent of US voters, according to a July poll in the Wall Street
  • John Kane, a professor of political science at New York University, said the party needs to reconnect with parts of their traditional base, such as lower-income Americans and young

Erdogan hails Eurofighter jets deal as ‘new symbol’ of strategic ties with Britain 

"We regard this step as a new symbol of the strategic relations between our two close allies," he said after...
  • "We regard this step as a new symbol of the strategic relations between our two close allies," he said after signing the agreement with visiting British Prime Minister Keir Starmer
  • Turkey has been looking to modernise its air force and has been pushing to acquire 40 European-made fighter jet, which are jointly produced by Britain, Germany, Italy and Spain