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AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

China’s exports beat forecast in March despite trade war woes

China said Monday that exports soared 12.4 percent year-on-year last month, beating expectations as Beijing navigated mounting trade headwinds sparked...
  • The figure was more than double the 4.6 percent predicted in a Bloomberg survey, though imports during the same period fell 4.3 percent
  • China's top leaders last month set an ambitious annual growth target of around five percent, vowing to make domestic demand its main economic driver

Trump says Russian strike on Ukraine ‘a horrible thing’

US President Donald Trump on Sunday said a Russian strike on the Ukrainian city of Sumy that killed at least...
  • "I think it was terrible. And I was told they made a mistake. But I think it's a horrible thing. I think the whole war is a horrible thing," Trump told
  • Asked to clarify what he meant by a "mistake," Trump said that "they made a mistake... you're gonna ask them" -- without specifying who or what he meant

Israel PM says Macron ‘gravely mistaken’ in promoting Palestinian state

Israeli Prime Minister Benjamin Netanyahu on Sunday lashed out at French President Emmanuel Macron over his plans to recognise a...
  • Netanyahu was addressing Macron's remarks earlier this week in which he said that France could recognise a Palestinian state within months.
  • Macron, in an interview to France 5 broadcast on Wednesday, stated that France could take the step during a UN conference in New York in June

Iran says talks with US will remain ‘indirect’, to focus solely on nuclear issue, lifting sanctions

Analysts had said the US would push to include on the agenda discussions over Iran's ballistic missile programme, along with...
  • Iranian Foreign Minister Abbas Araghchi and US Middle East envoy Steve Witkoff held a first round of talks on Saturday in Muscat
  • Analysts had said the US would push to include on the agenda discussions over Iran's ballistic missile programme

US Pentagon chief says military ready to ensure Iran never gets a nuclear bomb

Washington, United States -- The US defense secretary reiterated Sunday that the United States hopes for a diplomatic solution to...
  • US and Iranian diplomats opened indirect talks Saturday in Oman in an effort to resolve Western concerns about Iran's nuclear program.
  • Trump said Wednesday that military action was "absolutely" possible -- in conjunction with Israel -- if the talks in Oman failed.

Syria’s interim president Ahmed al-Sharaa makes first visit to UAE

Damascus, Syria -- Syria's interim President Ahmed al-Sharaa, whose war-devastated country seeks Gulf financial support, traveled to the United Arab...
  • Nearly a week after rebels toppled Assad in Dec, UAE presidential adviser Anwar Gargash said his government found the Islamist affiliation of Syria's new rulers "quite worrying'.
  • But in mid-January Sharaa spoke by phone with the Emirati president about ways to reinforce ties and "ensure the stability and development of the region'.

Gaza hospital damaged in Israeli strike: civil defence

There were no reports of casualties in the strike and the Israeli military told AFP they were looking into the...
  • The airstrike came "minutes after the (Israeli) army's warning to evacuate this building of patients, the injured and their companions", the agency said in a statement.
  • Hospitals, protected under international humanitarian law, have repeatedly been hit by Israeli strikes in the Gaza Strip since the start of the war between Israel and Hamas.

US-funded Arabic network ends broadcasts after Trump cuts

The network went on air in 2004, when US officials were complaining about coverage of the Iraq war from Qatar-backed...
  • But it has faced stiff competition from Al-Jazeera as well as Al-Arabiya, which is funded by Saudi Arabia, and more recently UAE-backed Sky News Arabia.
  • The Trump administration, in part of a sweeping cost-cutting drive led by Elon Musk, in March said it was ceasing all financial transfers for US government-supported media.

Osaka Expo 2025 opens: World gathers amidst hope and global tensions

From quirky Hello Kitty algae sculptures to demonstrations of flying vehicles and lunar samples, the Osaka Expo offers a fascinating...
  • Encircling dozens of national pavilions is the Grand Ring -- recognized by Guinness World Records as the planet's largest wooden architectural structure.
  • So far 8.7 million advance tickets have been shifted, below the pre-sales target of 14 million.

US in hurry for nuclear deal, Iran says after high-stakes, rare direct talks in Muscat

Foreign Minister Abbas Araghchi, who briefly spoke face-to-face with Trump's special envoy Steve Witkoff during the indirect meeting in Oman,...
  • The long-term adversaries, who have not had diplomatic relations for more than 40 years, are seeking a new nuclear deal after Trump pulled out of an earlier agreement
  • Araghchi, a key architect of the 2015 accord, and Witkoff led the delegations in the highest-level Iran-US nuclear talks since the previous accord's collapse

Iran says cooperation with UN nuclear watchdog will take ‘new form’

Iran has blamed the IAEA in part for the June attacks on its nuclear facilities, which Israel says it launched...

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Risk of wider conflict flare up as US claims strikes ‘devastated’ Iran’s nuclear program

Iranian Foreign Minister Abbas Araghchi told reporters in Istanbul the United States and Israel had "crossed a very big red...

Saudi says ‘no radioactive effects’ detected, more US embassy staff leaves Iraq

"No radioactive effects were detected on the environment of the Kingdom and the Arab Gulf states as a result of...

US attacks three key Iranian nuclear facilities, mega bombs likely used in strikes

Trump called on Iran to "agree to end this war," saying that "now is the time for peace." But it...

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India will ‘never’ restore Pakistan water treaty: minister

New Delhi will "never" reinstate a key water treaty it suspended with Pakistan over deadly violence in India-administered Kashmir, the...
  • India halted the agreement following an April attack on civilians which it accused Pakistan of backing, a charge denied by Islamabad
  • Despite a ceasefire holding, India's interior minister said his government would not restore the treaty which governs river water critical to parched Pakistan

Tens of thousands join pro-Palestinian marches across Europe

Protesters in the British capital waved Palestinian flags, donned keffiyeh scarves and carried signs including "Stop arming Israel" and "No...
  • There have been monthly protests in the British capital since the start of the 20-month-long war, which has ravaged Gaza.
  • Saturday's march comes amid heightened global tensions as the United States mulls joining Israel's strikes against Iran.

Tens of thousands join pro-Palestinian marches in London and Berlin

Tens of thousands of pro-Palestinian protesters marched in London and Berlin on Saturday calling for an end to the war...
  • Protesters in the British capital waved Palestinian flags, donned keffiyeh scarves and carried signs including "Stop arming Israel" and "No war on Iran."
  • There have been monthly protests in the British capital since the start of the 20-month-long war between Israel and Hamas, which has ravaged Gaza