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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%.

AI companions present risks for young users, US watchdog warns

New York, United States -- AI companions powered by generative artificial intelligence present real risks and should be banned for...

UAE takes part in G20 joint health-finance ministers meeting   

GANDHINAGAR, INDIA - Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini and Assistant Minister of Foreign Affairs...
  • The meeting discussed the progress made by the Joint Finance and Health Task Force (JFHTF) this year.
  • The UAE participated in the three meetings that the Task Force held this year under the G20 Finance Track.

WHO launches global initiative on digital health supported by G20 Presidency

GANDHINAGAR, INDIA - The World Health Organization (WHO) and the G20 India presidency announced a new Global Initiative on Digital...
  • WHO serves as the secretariat for strategy implementation to fast-track digital health system transformation.
  • The new Global Initiative on Digital Health is one of the key deliverables of India’s G20 Presidency.

WHO’s maiden traditional medicine summit opens in India

"WHO is working to build the evidence and data to inform policies, standards and regulations for the safe, cost-effective and...
  • Traditional medicines are a "first port of call for millions of people worldwide", the World Health Organization said.
  • The two-day WHO Traditional Medicine Global Summit takes place alongside a meeting of G20 health ministers in India.

Ma’aden, BADC ink agreement

Firm to supply 600,000 tons of fertilizers to BADC.
  • The renewal is further proof of the company’s commitment to meet global market demand for phosphate fertilizers.
  • Ma’aden supplies approximately 42 percent of Bangladesh’s estimated requirement of diammonium phosphate.

WHO’s first global summit on traditional medicine begins Aug 17

Geneva, Switzerland -- The World Health Organization (WHO) is convening the Traditional Medicine Global Summit on 17-18 Aug 2023​ in...
  • Co-hosted by the Government of India, the Summit will explore the role of traditional, complementary, and integrative medicine in addressing pressing health challenges.
  • Scientists and other experts will lead technical discussions on research, evidence and learning; policy, data and regulation;

Covid cases up 80 percent globally as new subvariant rises

The number of new COVID-19 cases reported worldwide rose by 80 percent in the last month, the World Health Organization...
  • The UN agency said that nations reported nearly 1.5 million new cases from July 10 to August 6.
  • Many of the new cases came in the Western Pacific region, which saw infections jump by 137 percent.

Nearly 14m children in Sudan need aid, says UNICEF

NEW YORK, US - Two senior UN humanitarian officials have called for more funding and fewer bureaucratic impediments to support...
  • The crisis in Sudan recently passed the 100-day mark and overall, 24 million people across the country require aid.
  • Chad is one of several neighboring nations hosting some 900,000 people who fled the violence in Sudan.

Burjeel Holdings H1 net profit $61m

Firm's EBITDA rose 12.7% y-o-y to $127 million in H1 2023.
  • Burjeel Holding reported revenue of US$599 million, up 13.9 percent y-o-y during H1 2023.
  • The net profit was attributable to robust topline growth and significantly lower finance costs.

Severe heat a cause of worry for healthcare system, says WHO

GENEVA, SWITZERLAND - The extreme heat in the northern hemisphere is putting an increasing strain on healthcare systems, hitting those least...
  • The WHO said the heat often worsens pre-existing conditions, saying it was particularly concerned about those with cardiovascular diseases, diabetes and asthma.
  • Millions of people across three continents are enduring a sustained spell of dangerous heat as temperature records tumble.

Almost the entire world is experiencing record heatwaves

Record heat is forecast around the world from the United States, where tens of millions are battling dangerously high temperatures,...
  • Authorities in many countries have been sounding the alarm, advising people to avoid outdoor activities in the daytime and to be wary of dehydration.
  • Scientists insist global warming - linked to dependence on fossil fuels - is behind the intensification of heat waves in the world.

WHO adopts landmark pandemic agreement after over 3 years of negotiations

Geneva, Switzerland - The World Health Organization's member states on Tuesday adopted a landmark Pandemic Agreement on tackling future health...

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UN warns record e-waste in 2022 a catastrophe for environment

On average, every person on earth generates roughly 7.8 kilograms (17 pounds 3 ounces) of e-waste each year, said the...

Middle East poised to lead global crypto surge as Bitcoin eyes $100,000

Geneva, Switzerland - A major new study released by The Lancet Neurology shows that, in 2021, more than 3 billion people worldwide...

Nervous system disorders surpass heart ailments as top cause of illness

Paris, France - Conditions affecting the nervous system -- such as strokes, migraines and dementia -- have surged past heart disease...

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Man vaccinated for Covid 217 times shows no side effects

Paris, France - A German man who deliberately got vaccinated for Covid-19 a whopping 217 times did not report any side...
  • The immune system of the 62-year-old man from the central German city of Magdeburg -- who has not been named -- is still firing on all cylinders, the researchers said
  • They said the man voluntarily received so many shots against all medical advice, and warned against jumping to far-reaching conclusions from this single case

As truce talks resume in Cairo, people in Gaza suffer from hunger

Heavy fighting rocked besieged Gaza as aid agencies warned of looming famine and new talks were held in Cairo towards...
  • Combat and chaos again stalled the sporadic aid deliveries for desperate civilians in Gaza.
  • The UN World Food Program said it was forced to halt aid deliveries in north Gaza because of "complete chaos and violence".

WHO registers eighty percent rise in measles case

Geneva, Switzerland - The World Health Organization voiced alarm on Tuesday at the rapid spread of measles, with more than 306,000...
  • At least 95 percent of children need to be fully vaccinated against the disease in a locality to prevent outbreaks, but global vaccination rates have slipped to 83 percent.
  • WHO official Crowcroft pointed out that 92 percent of all children who die from measles live among less than a quarter of the global population, mainly in very low-income countries