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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.
  • Hizbollah missile attack wounds 9 Israeli soldiers

    The army said that one of its soldiers injured by an anti-tank missile along with other troopers was in a...

    The Israeli army and Hizbollah have been exchanging fire since the start of the Gaza war

    At least four civilians and nine soldiers have been died in Israel in attacks by Hizbollah

  • US, Israel discuss ‘different phase’ of war

    The Tuesday meeting additionally provided a chance for Israel and the United States to talk about the eventual "governance and...

    The meeting provided an opportunity to talk about steps to improve the humanitarian situation in war-torn Gaza and minimize harm to civilians

    It was also meant as a chance to speak on "the transition to a different phase of the war to maximize focus on high-value Hamas targets"

  • US shoots down Houthi-fired drones, missiles in Red Sea

    The Pentagon said in a social media post that there was no damage to ships. Some 12 drones, three anti-ship...

    Houthis said that they "carried out a targeting operation against a commercial ship"

    The Houthis are targeting Israel and Israeli-linked vessels to push for a stop to the offensive in Gaza

  • Israeli troops shoot two Palestinians dead in West Bank

    A resident from the camp told AFP that troops stormed the camp from its southern and northern entrances. "The two...

    The two -- aged 17 and 31 -- were shot dead in the Fawwar refugee camp, south of Hebron, the ministry said.

    Violence across the West Bank has flared since the war between Israel and Hamas members erupted in the Gaza Strip

  • WHO urges pandemic plans as ‘painful’ Covid ends

    Geneva, Switzerland - The head of the WHO said on Tuesday the world needs to properly prepare for future pandemics after...

    WHO head urged nations to seal a "monumental" pandemic accord to plug preparedness gaps that were exposed during the pandemic.

    Tedros said that in terms of emergency preparedness and response, gaps remain in the world's readiness to prevent the next pandemic.

  • India police investigate blast report near Israeli embassy in New Delhi

    Officers cordoned off the embassy as they combed through the surrounding areas following the report of the late afternoon blast....

    "This evening... an explosion occurred in close proximity to the embassy," Ohad Nakash Kaynar, Israel's deputy head of mission in New Delhi said in a statement.

    India's navy said it is deploying three warships and reconnaissance aircraft in the Arabian Sea to "maintain a deterrent presence" after a string of recent shipping attacks.

  • TDRA inks pact with PCFC’s Dubai Maritime Authority

    DUBAI, UAE - The Telecommunications and Digital Government Regulatory Authority (TDRA) has signed a Memorandum of Understanding (MoU) with the...

    The partnership will help improve the regulatory framework for maritime business operations to enhance efficiency in the sector.

    The MoU establishes a procedure for acquiring necessary authorisations for maritime vessels through the Dubai Maritime Authority.

  • Human Rights Monitor submits documents on Gaza executions to UN

    GENEVA, SWITZERLAND - The Euro-Mediterranean Human Rights Monitor documented, in a preliminary file submitted to UN special rapporteurs and the...

    The monitor called for immediate investigation to hold the perpetrators accountable and provide justice to the victims.

    It demanded the announcement of the formation of an international legal team to reach Gaza and investigate the incidents.

  • Children among 5 killed in Russian strikes on Syria: rescuers, monitor

    "On December 25 at 10:00 pm (0700 GMT) Russian warplanes targeted civilian houses" on the outskirts of the town of...

    Moscow is one of Syrian President Bashar al-Assad's key backers, providing him with military, political and economic support in the country's 12-year civil war

    The Syrian Observatory for Human Rights, a war monitor with a network of sources across the war-torn country, also said Russia carried out the strikes

  • Iraq slams US air strikes on pro-Iran forces as a ’clear hostile act’

    "It runs counter to the pursuit of enduring mutual interests in establishing security and stability, and it opposes the declared...

    One person was killed and 20 wounded in a strike that targeted a Hashed site in Hilla, capital of Babylon province, an interior ministry official said.

    Four others were wounded in a second strike in Wassit province, the official said, a casualty toll confirmed by security sources in both Babylon and Wassit provinces.