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Ozempic maker lowers outlook

The company posted tepid Q3 results.

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%.

SABIC chairman urges chemical companies to ‘decarbonize’

The head of Saudi Basic Industries Corporation (SABIC) has urged ‘chemical companies’ to decarbonize promptly in order to improve what...
  • Yousef A. Al-Benyan, chairman of SABIC, was speaking at the Gulf Petrochemicals and Chemicals Association Leaders’ forum in Dubai
  • Al-Benyan identified three priority transformation areas for the chemical industry: partnerships and collaborations; agility; and new business and operating models

Bahrain signs Artemis Accords to bolster space cooperation

Among other things, NASA plans to use the Artemis missions to land the first woman and first person of color...
  • Joining the accords will give Bahrain new opportunities for cooperation and investment in the space field
  • It is also expected to facilitate the exchange of expertise among its signatories of the Artemis Accords

Russia sanctions pile on helium industry woes

Helium is used in the manufacturing of semiconductors, and its shortage is expected to exacerbate the paucity of computer chips.
  • Russia is expected to eventually produce the equivalent of a third of the world's current helium production
  • However, with Western sanctions over the Ukraine invasion, experts worry that gas won't reach the global market

How commercial satellites are shaping the Ukraine conflict

Thanks to the explosive growth of the private satellite industry, the volume of imagery is greater and turnaround time faster...
  • Thanks to the explosive growth of the private satellite industry, the volume of imagery is greater and turnaround time faster compared to prior conflicts
  • A growing army of open-source intelligence analysts offer near real time assessments of battleground developments

UN chief flays world powers for ‘criminal’ lack of climate leadership

UN chief Antonio Guterres blasted world powers for a "criminal" abdication of leadership after the release Monday of an extensive...
  • "Nearly half of humanity is living in the danger zone -- now. Many ecosystems are at the point of no return -- now," he said
  • Guterres said coal and fossil fuels are "choking humanity" and called for G20 economies to follow up on their commitments to stop funding coal abroad by ending its use at home

UN reports to lay bare harrowing scale of climate impact

The IPCC report will include a crucial 40-page summary for policymakers, expected to show that devastating scale of climate change...
  • The UN report on climate change will show that global warming already threatens billions of people and crucial ecosystems
  • Climate change affects entire planet, but its impacts are often the hardest on the poorest and most vulnerable

Covid tears through Iraq as vaccinations lag

In the stores and buses of Iraq masks are rare even as Covid-19 spreads widely, vaccines are viewed with suspicion...
  • "More than 95 percent of those sick with Covid-19 in intensive care are unvaccinated," said Ali Abdel Hussein Kazem, assistant director of the facility
  • Since January, Iraq's 40 million people have been confronted with a fourth coronavirus wave but -- unlike other countries -- the government has not imposed any restrictions

UN slams ‘aggressive’ marketing by formula-milk makers

The failure of countries to crack down on the marketing of breast milk substitutes means far too many children are...
  • The $55-billion formula milk industry is said to systematically deploy aggressive marketing strategies
  • It is said to spend up to $5 billion a year to sway the decisions of parents on how to feed their infants

Strong protection for babies born to Covid-vaccinated moms: study

The CDC carried out a study involving 379 babies aged up to six months, who were hospitalized in 20 pediatric...
  • Babies born to mothers vaccinated during pregnancy were less likely to be hospitalized with severe Covid
  • A baby who died because of Covid during the research was born to a mother who was not vaccinated

Plastic, chemical waste exceeded planet’s safe limit: study

The European Union’s REACH inventory has covered only 150,000 out of 350,000 different substances and only a third of those...
  • There are an estimated 350,000 different manufactured chemicals on the market and large volumes of them end up in the environment
  • Since 2020 plastic production has increased to 367 million tones but less than 10 percent of the world’s plastic is currently recycled

Nobel-winning physicist ‘unnerved’ by AI technology he helped create

Washington, United States - A US scientist who won the 2024 Nobel physics prize for his pioneering work on artificial intelligence...

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Saudi Arabian Crown Prince launches KAUST’s new strategy

RIYADH, SAUDI ARABIA - Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister and Chairman of KAUST Board...

Saudi CST urges public for feedback on ‘space use plan’ for frequency spectrum

Riyadh, Saudi Arabia--The Communications, Space and Technology Commission (CST) has urged the public to provide their views on its space...

Iran first Islamic country to have modern observatory, says official  

TEHRAN, IRAN – Iran is the first Islamic country to possess a very modern observatory, the head of the Institute...

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Russia launches first Moon mission in nearly 50 years

The spacecraft, which will remain on the Moon for a year, will be tasked with "taking (samples) and analysing the...
  • The rocket with the Luna-25 probe lifted off at 02:10 am Moscow time (2310 GMT Thursday) from the Vostochny Cosmodrome
  • The spacecraft is due to reach lunar orbit in five days, It will then spend between three and seven days choosing the right spot for landing

UAE focuses on developing a national astronaut team

"Astronaut Sultan Al Neyadi is currently on the longest space mission in Arab history ... This mission has elevated the...
  • As Emirati Sultan Al Neyadi completes Arab's longest space mission and first ISS spacewalk, UAE's Astronaut Program now boasts four qualified astronauts
  • MBRSC plans a mid-2024 launch for the advanced MBZ-SAT as UAE strengthens space ties with Bahrain, Kuwait, and seeks collaborations with Egypt and Saudi Arabia

UAE and UN to boost climate action cooperation in run up to COP28

New York, US--The UAE and the UN have discussed joint cooperation and partnership on government experience exchange, global climate action...
  • The UAE delegation noted the country's initiatives in development including government work, capacity building and exchange of expertise
  • They also discussed opportunities to boost cooperation in international initiatives, maximizing the positive impact of climate action around the world