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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%.
  • Saudi Arabia’s next play: Capital to capability

    Non-oil growth is robust, but risks – project slippage, write-downs and export controls on chips – persist. Conditional confidence prevails...

    What distinguished this edition was not the staging but the facts now pointing the same way.

    Multilaterals and the government upgraded growth projections. The sovereign wealth fund flagged a strategic pivot.

  • Israel says received bodies of two Gaza hostages from Red Cross

    Not including the latest two, Hamas have so far given back the remains of 15 of the 28 deceased hostages...

    Israel launched a wave of strikes on Gaza overnight from Tuesday to Wednesday after an attack that left an Israeli soldier dead in the south of the Palestinian territory.

    Hamas has said its fighters had "no connection to the shooting incident in Rafah" and reaffirmed its commitment to the truce.

  • Israel hits another Gaza target after deadliest night since truce

    Israel said it struck an arms dump in Gaza on Wednesday, hours after the deadliest night of bombing since the...

    The military announced it had carried out a strike on a site in the Beit Lahia area of northern Gaza where it said weapons were being stockpiled for "an imminent terror attack."

    Israeli troops, it said, would remain deployed in "accordance with the ceasefire agreement and will continue to operate to remove any immediate threat".

  • Trade truce in balance as Trump meets ‘tough negotiator’ Xi: ‘We’ll have a great understanding’

    The world's two top economies' trade tussle -- encompassing everything from rare earths to soybeans and port fees -- has rocked...

    Sitting opposite each other each leader was flanked by senior officials including Secretary of State Marco Rubio, Treasury chief Scott Bessent and Commerce Secretary Howard Lutnick

    Xi's team, which arrived from Beijing shortly before - the US side was already in South Korea - included Foreign Minister Wang Yi, and Commerce Minister Wang Wentao

  • Israel hits dozens of targets as Gaza sees deadliest night since truce

    Gaza's civil defense agency said more than 100 people were killed, including many children, but both US President Donald Trump...

    The Hamas-run territory's civil defense agency said at least 35 children were among the more than 100 killed.

    United Nations rights chief Volker Turk said the report of so many dead was appalling and urged all side not to let peace "slip from our grasp".

  • 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...

    Earlier this month, the World Bank put a "conservative best estimate" of the cost of rebuilding Syria at $216 billion.

    In May, Syria signed a $7 billion energy deal with a consortium of Qatari, Turkish and US companies as it seeks to revive its crippled power sector.

  • 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...

    Pakistan and Afghanistan have been holding negotiations in Istanbul aimed at securing peace after the South Asian neighbours' deadliest border clashes in years

    The violence, which killed more than 70 people and wounded hundreds, erupted following explosions in Kabul on October 9 that the Taliban authorities blamed on Pakistan

  • 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...

    Prime Minister Benjamin Netanyahu ordered "powerful strikes" on Gaza, after his defence minister accused Hamas of attacking Israeli troops in Gaza

    While Israel Katz did not say where the troops were attacked, Hamas said its fighters had "no connection to the shooting incident in Rafah" and reaffirmed its commitment to the US

  • Iran proposes regional currency to boost trade

    Tehran, Iran -- Iranian President Masoud Pezeshkian on Tuesday proposed that Iran and its regional trading partners establish a shared...

    Years of international sanctions, largely imposed by the United States over Tehran's nuclear programme, have severely weakened Iran's economy.

    "Even a common currency could be adopted in the region to help promote economic development," he told a meeting with Tajik Interior Minister Ramazan Rahimzada.

  • 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.