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GM reports US sales dip, that of EVs grew

The big Detroit automaker reported 659,601 US sales during the period.

Covestro accepts ADNOC takeover bid

The deal values German chemicals group at $13.3bn.

Masdar acquires Saeta Yield

The deal is estimated to be valued at $1.4 billion.

Boeing lifts wage hike to 30% 

The 30% general wage hike improves upon the 25% in the earlier offer.

ADNOC Distribution H1 dividend $350m

The total dividend for 2024 is expected to be $700 million.
  • South Africa accuses Israel of genocide at top UN court

    A world away from the death and destruction in Gaza and Israel, robed lawyers battled it out over technical legal...

    South Africa has lodged an urgent appeal at the International Court of Justice (ICJ) to force Israel to "immediately suspend" its military operations in Gaza

    Top lawyer for South Africa Adila Hassim said Israel's bombing campaign aimed at the "destruction of Palestinian life" and had pushed Palestinians "to the brink of famine"

  • EU court’s adviser says $2.6bn fine on Google be upheld

    Google suffered a legal blow at the European Court of Justice when the body's adviser recommended that a US$2.6 billion...

    The opinion will feed into a legal battle Google has been waging to overturn the fine the European Commission hit it with in 2017.

    The commission determined that Google abused its dominant position by favoring its own Google Shopping service.

  • Israel army claims two journalists slain in Gaza strike were ‘terror operatives’

    Israeli army said Mustafa Thuria was identified in a document found by troops in Gaza to be a member of...

    Hamza Wael Dahdouh and Mustafa Thuria, who also worked as a video stringer for AFP and other news organizations, were killed on Sunday

    The Israeli army said that both the deceased journalist were members of Gaza-based fighters organizations actively involved in attacks against IDF

  • Chinese foreign minister to visit Egypt, Tunisia this week: ministry

    Wang's overseas travel will coincide with another trip abroad by a top Chinese official, Premier Li Qiang, this week. Li...

    Wang's visit to Egypt will follow that of US Secretary of State Antony Blinken, who is set to meet President Abdel Fattah al-Sisi in Cairo

    China has historically been sympathetic to the Palestinian cause and supportive of a two-state solution to the Israeli-Palestinian conflict

  • WHO urges Israel to allow aid delivery in ‘indescribable’ Gaza

    "Delivering humanitarian aid in Gaza continues to face nearly insurmountable challenges," WHO chief Tedros Adhanom Ghebreyesus told a press conference....

    Ghebreyesus said that WHO teams have had to cancel six planned missions to northern Gaza since December 26 due to lack of assurances of safe passage.

    "People are standing in line for hours for a small amount of water, which may not be clean, or bread, which alone is not sufficiently nutritious," he said.

  • Germany resumes arms exports to Saudi Arabia after 5 years

    Berlin has loosened its stance on weapons exports to the kingdom recently, with the government praising Saudi Arabia's "constructive approach"...

    Government spokesman Steffen Hebestreit confirmed a report that Berlin gave a green signal for the export of 150 Iris-T air-to-air missiles to Saudi Arabia.

    The newly approved Iris-T missiles could "be fired from aircraft at airborne targets, that is to say missiles, drones and so on", he said.

  • India’s Russian oil imports fall to 11-month low as price cap rises

    Indian refiners bought 1.45 million barrels per day of Russian oil last month, their lowest amount since last January and...

    Since the invasion of Ukraine nearly two years ago, India has bought hundreds of millions of barrels of cut-price Russian crude, saving itself billions of dollars

    But the price of Russian crude has risen in the face of OPEC+ production cuts and increased demand from China, analysts say, making it less attractive to Indian customers

  • Blinken tells Abbas US backs ‘tangible steps’ for Palestinian state

    Blinken "underscored the United States' position that all Palestinian tax revenues collected by Israel should be consistently conveyed to the...

    Palestinian statehood was anticipated following the Oslo Accords of the 1990s but talks have been moribund for years

    As part of efforts to stabilize the territory, Blinken called on Israel to hand over revenues owed to the Palestinians in full

  • Palestinian journalist freed from Israeli custody abused: report

    Footage of the men, including Kahlout, stripped down to their underwear, with some of them appearing to hand over weapons,...

    Diaa al-Kahlout, who was among dozens of Palestinians shown detained by Israeli troops and stripped to their underwear in Gaza, had been released

    Paris-based media watchdog RSF has said following his arrest the journalist was briefly held in Eshel prison in Israel and was subjected to torture

  • Jordan king to host Sisi, Abbas for Gaza talks: palace

    King Abdullah, in a meeting Sunday with US Secretary of State Antony Blinken, called on the United States to press...

    The meeting will be held in the Red Sea resort of Aqaba as part of "Jordan's efforts to coordinate Arab positions to push for an immediate ceasefire in Gaza"

    The three leaders would also discuss on "the situation in the West Bank" as the region has witness deadly violence by Israeli forces and the settlers