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Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Iran declares 41 percent voter turnout in key elections

Tehran, Iran - Iran on Monday announced a turnout of 41 percent in last week's elections for parliament and a key...
  • "Around 25 million people participated, with a turnout of 41 precent," Interior Minister Ahmad Vahidi told a press conference in Tehran.
  • The vote was the first since nationwide protests broke out following the September 2022 death in custody of 22-year-old Mahsa Amini.

Polls for Iraq Kurd parliament postponed to June

Iraqi Kurds announced that polls to elect a new parliament in the autonomous region would be held in June, after...
  • Regional president Nechirvan Barzani signed the order for the elections to be held on June 10, a presidency statement said.
  • In August last year, authorities announced polling would take place on February 25 after consultation with the parties.

Conservatives tipped to win in Iranian elections as counting begins

Tehran, Iran - Iran began counting ballots on Saturday after a vote for parliament and a key clerical body, with local...
  • State TV reported early Saturday the "start of vote counting" after polling stations closed at midnight.
  • The present parliament is dominated by conservatives and ultra-conservatives

Leftist Galloway wins MP seat in UK amid anti-Semitism allegations

London, UK- Controversial left-wing firebrand George Galloway was elected to the UK parliament on Friday after tapping into anger over the...
  • Galloway, 69, first became an MP in 1987 and will return to the House of Commons for the first time since 2015 after winning the seat of Rochdale.
  • Galloway put the Gaza conflict front and center of his campaign in Rochdale, north of England, which has a 30 percent Muslim population.

Iran gears up for elections dominated by conservatives

Conservative daily Vatan-e-Emrouz hailed what it called the population's "interest in the candidates' electoral campaigns", which began on February 22....
  • The vote comes amid mounting economic difficulties in Iran, which has also been grappling with the fallout of mass protests triggered by the 2022 death in custody of Mahsa Amini
  • The Islamic republic's supreme leader Ayatollah Ali Khamenei is due to be the first to cast his ballot on Friday at 8:00 am (0430 GMT) at one of the 59,000 polling stations

Hawkish economic approach on China has bipartisan support in US, say analysts

WASHINGTON, US  - In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, US policy towards...
  • Despite differences between Democrats and Republicans, analysts expect Washington's approach to Beijing will only become tougher.
  • Biden has largely maintained Trump-era tariffs, rolled out export control restrictions to curtail China's ability to buy and make certain high-end chips.

Pakistan parties reach power-sharing agreement, Khan loyalists left out

After weeks of negotiations, Khan's adversaries announced at a late-night press conference in the capital Islamabad that a power-sharing agreement...
  • The army-backed Pakistan Muslim League-Nawaz (PML-N) and The Pakistan Peoples Party (PPP) said they had settled days of negotiations on securing a majority
  • Candidates loyal to Khan's Pakistan Tehreek-e-Insaf (PTI) party won the most seats but were forced to stand as independents following a sweeping crackdown on the party

Jailed Khan’s allies running close race in Pakistan poll

The PML-N had been expected to win the most seats following Thursday's vote, with analysts saying its 74-year-old founder Nawaz...
  • Unofficial tallies on local TV stations had independents in the lead for many of the remaining seats up for grabs in the 266-member assembly
  • Before the first results were officially announced, PTI chief organiser Omar Ayub Khan said he was confident the party had done enough

Pakistanis vote with Khan in jail, Sharif tipped to win

The Pakistan Muslim League-Nawaz (PML-N) is expected to win the most seats in Thursday's vote, with analysts saying its 74-year-old...
  • Adding to the concerns about the integrity of the vote, authorities announced just before polls opened that they had suspended mobile telephone services across the country
  • Pollsters had predicted a low turnout from the country's 128 million eligible voters following a lacklustre campaign overshadowed by the jailing of former prime minister Imran Khan

Israeli apex court strikes down law that limited court oversight

Opposition leader Yair Lapid welcomed the verdict and warned of the resurgence of internal divisions in Israeli society. "The Supreme...
  • The court ruled against an amendment which scraps the "reasonableness" clause, used by the court to overturn government decisions which are deemed unconstitutional
  • Prime Minister Benjamin Netanyahu had argued the sweeping judicial reform agenda presented a year ago was necessary to rebalance powers between judges and politicians

Trump claims Obama ‘coup’ as Epstein questions mount

Washington, United States - President Donald Trump sought Tuesday to distract from the growing furor over his administration's handling of...

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Unnerved and exposed, Trump struggles to regain campaign mojo

Washington, United States - Donald Trump has never lacked for self-confidence, but his presidential campaign has been sent into a tailspin...

Arab-American mayor warns Biden has not ‘earned my vote’

Hammoud sidesteps the question of whether he could ultimately endorse Biden under the right circumstances, emphasizing that whatever he might...

Erdogan visits opposition party headquarters first time in 18 years

Istanbul, Turkey - Turkish President Recep Tayyip Erdogan visited the opposition CHP party headquarters on Tuesday, the first time in 18...

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Modi’s struggling rivals to vote as India election resumes

New Delhi, India - India's six-week election resumes Saturday, with top rivals of Prime Minister Narendra Modi due to vote in...
  • Modi, 73, remains roundly popular after a decade in office and his ruling Bharatiya Janata Party (BJP) is widely expected to win a third term next month
  • His prospects have been further bolstered by several criminal investigations into his opponents, sparking concerns from UN rights chief Volker Turk

‘Hindu nation’: Religion trumps caste in India vote

Agra, India - Born at the bottom of the Hindu faith's rigid caste system, voters like Anil Sonkar will determine whether...
  • More than two-thirds of India's 1.4 billion people are estimated to be on the lower rungs of a millennia-old social hierarchy that divides Hindus by function and social standing
  • Politicians of all stripes have courted lower caste Indians with affirmative action programmes, job guarantees and special subsidies to mitigate long-standing discrimination

Opposition retains majority in Kuwait parliament post elections

Kuwait City, Kuwait - Opposition lawmakers maintained a majority in Kuwait's parliament, results showed Friday, after the Gulf state's third parliamentary...
  • Opposition candidates won 29 seats in the 50-member assembly, according to results carried by the official KUNA news agency
  • The make-up of the new parliament is very similar to the outgoing one, with all but 11 lawmakers retaining their seats