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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.
  • NYC protesters for Gaza ceasefire hold mock funeral

    Holding banners demanding an immediate ceasefire, the activists gathered in Manhattan's Bryant Park while some briefly stood in the middle...

    The mock funeral procession headed to New York's iconic Times Square where the protest continued with giant electronic advertisements as a backdrop

    Israel's relentless aerial bombardment and ground invasion have killed at least 21,320 people, mostly women and children, according to Hamas-run Gaza's health ministry

  • US warship shoots down drone, missile fired by Yemen’s Houthis

    Houthis have repeatedly targeted vessels in the vital Red Sea shipping lane with strikes they say are in support of...

    USS Mason (DDG 87) shot down one drone and one anti-ship ballistic missile in the Southern Red Sea that were fired by the Houthis," US Central Command said in a statement

    US Treasury sanctioned chief of Currency Exchangers Association in Sanaa, along with three exchanges in Yemen and Turkey for "facilitating the flow of Iranian funds to Houthis

  • United Nations urges Israel to stop ‘unlawful’ killings in West Bank

    A report released Thursday demanded an immediate end to the use of military weapons and means during law enforcement operations,...

    The UN body said it had verified the deaths of 300 Palestinians from October 7 to December 27 in the occupied West Bank and annexed East Jerusalem

    Israeli forces killed a Palestinian man during an overnight raid on Ramallah and raided money exchange shops in the area.

  • India says Qatar reduced death sentence of 8 navy personnel

    Indian media have reported that the eight Indian nationals -- among them former high-ranking and decorated officers, including captains who...

    The eight men were employees of Al Dahra, a Gulf-based company that offers "complete support solutions" to the aerospace, security and defense sectors

    The Hindu newspaper reported the men were spying for a "third country", while the Times of India has said that "various reports claimed they were accused of spying for Israel"

  • India targets leading journalists with Pegasus spyware: Amnesty

    "Our latest findings show that increasingly, journalists in India face the threat of unlawful surveillance simply for doing their jobs,...

    Amnesty said journalists Siddharth Varadarajan and Anand Mangnale had been targeted with the Pegasus spyware

    India's government did not immediately respond, but it denied similar accusations in 2021 that it used Pegasus spyware

  • Spanish PM Pedro Sanchez supports Iraq’s sovereignty, stability

    "My country, always at the request of the Iraqi authorities, will support the unity, sovereignty and stability of Iraq," said...

    "My country, always at the request of the Iraqi authorities, will support the unity, sovereignty and stability of Iraq," said Sanchez in Baghdad

    Sanchez, who was accompanied to Baghdad by a delegation of business leaders, said he is dedicated to the development of trade between Spain and Iraq

  • Israel bombs Gaza as UN warns civilians face ‘grave peril’

    Ashraf al-Qudra, spokesman for the health ministry in Gaza, reported more than 200 deaths "including entire families" over the past...

    More than 80 percents of Gaza's 2.4 million people have been driven from their homes, the UN says, and many now live in cramped shelters or makeshift tents in the far south.

    UN World Health Organization chief Tedros Adhanom Ghebreyesus called for "urgent steps to alleviate the grave peril" facing Gaza's people.

  • Norway fund drops Aramco, 11 other Gulf firms over ’rights concerns’ 

    KLP, which manages over 700 billion kroner ($70 billion), said the exclusion amounted to $15 million. The fund dropped 11...

    Saudi Aramco was blacklisted due to its ties to the Saudi state and for "contravening expectations over climate and energy transition plans", the fund said.

    In 2021, the fund excluded 16 companies with links to Israeli settlements in the West Bank, which are considered to be in violation of international law.

  • Palestinian Monetary Authority condemns Israeli raids on exchange firms

    Ramallah, Palestinian Territories -- The Palestinian Monetary Authority (PMA) said Thursday that the Israeli occupation army’s storming of six exchange...

    The occupation forces raided six exchange companies in different cities in the West Bank, Palestinian news agency WAFA reported.

    They also arrested several of their owners and seized money from their safes after blowing them open.

  • Donkey head used to desecrate Jerusalem Muslim cemetery

    Describing the 35-year-old as "unbalanced", police said he was arrested after they were alerted that a man had "broken the...

    Police said the man was carrying an axe at the time of his arrest, adding that another suspect who allegedly had helped in taking him there was also in custody

    The cemetery is near the Al-Aqsa mosque compound, a site holy to both Muslims and Jews and is at the heart of tensions between Palestinians and Israelis