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Samsung says planning job cuts

The layoffs could affect about 10 percent of the workforce.

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.
  • Israel PM says no peace until Hamas destroyed

    In an op-ed published in the Wall Street Journal on Monday night, Netanyahu vowed to stay the course. "Hamas must...

    The declarations came as the World Health Organization on Monday reported "harrowing" accounts of entire families killed from Christmas Eve strikes on a refugee camp in Gaza

    Relentless Israeli strikes have devastated the Palestinian territory and the conflict has heightened tensions across the Middle East, with global pressure for a ceasefire mounting

  • WHO decries deadly strike on Gaza refugee camp

    Rows of victims' bodies, shrouded in white bags, lined the ground at Al-Aqsa hospital in Deir al-Balah, central Gaza, ahead...

    The Gaza health ministry said at least 70 people were killed in Israeli strikes on Sunday

    Israeli military said it was "reviewing the incident" and that it remains committed to international law

  • Turkey to hold parliament debate for Sweden’s NATO bid

    Sweden and Finland bids earned approval from all NATO members except Turkey and Hungary. They remain the only NATO members...

    In July, Turkey's president lifted his objections to Sweden's NATO membership

    France said the credibility of the alliance was "at stake" if Turkey doesn't endorse Sweden

  • Acute hunger, healthcare collapse worsen Gaza crisis

    The situation in Gaza is a humanitarian catastrophe, with hospitals like Al-Shifa and Al-Sahaba facing dire shortages of medical supplies...

    Once Gaza's largest hospital, Al-Shifa is now confined to providing only basic first aid, severely limited by ongoing hostilities.

    In Gaza, extreme hunger drives people to desperate measures, risking their safety in a relentless search for food to survive.

  • Displaced women in Gaza recount lives disrupted by war

    GAZA, PALESTINIAN TERRITORIES-  A relentless Israeli military campaign, in response to deadly Hamas attacks on October 7, has upset the...

    Israeli forces have launched a bombardment campaign and ground invasion of Gaza ever since Hamas launched its attack.

    The United Nations estimates the fighting has displaced 1.9 million of Gaza's 2.4 million population.

  • Makkah, Morocco’s Beni Mellal-Khenifra Chambers of Commerce ink pact

    MAKKAH, SAUDI ARABIA - The Makkah Chamber of Commerce and Industry and the Chamber of Commerce, Industry, and Services of...

    Beni Mellal Chamber of Commerce, Industry and Services delegation head said that Saudi Arabia is Morocco's largest trading partner.

    In 2022, the volume of Saudi Arabian exports reached US$4.6 billion, while the value of imports was US$87 million.

  • Senior Iranian general Razi Moussavi killed in Israeli strike in Syria

    Razi Moussavi "was killed during an attack by the Zionist regime a few hours ago in Zeinabiyah district in the...

    Iran's president Ebrahim Raisi vowed that Israel "will certainly pay" for the killing, calling it another sign of frustration of the "usurping Zionist regime".

    Iran's state TV said Moussavi was targeted by "three missiles" and aired footage showing smoke rising from the area of the strike.

  • Russia extends ban on entry of trucks from EU, UK, Norway, Ukraine

    MOSCOW, RUSSIA - The Russian government has extended the ban on the entry of trucks from the European Union, the...

    “The restriction will remain in effect until the circumstances that served as the basis for its introduction are eliminated,” the Russian Cabinet said.

    The ban was introduced in 2022 as a response to the EU’s decision not to allow trucks with Russian and Belarusian license plates through.

  • UN General Assembly approves US$3.59bn budget for 2024

    NEW YORK, US - The United Nations General Assembly (UNGA) approved a US$3.59 billion budget for 2024, including establishing a...

    The UNGA approved around US$50 million as an additional funding for UN Human Rights Council.

    UNGA revealed that it established a multiannual private account for peacemaking and it is used for funding UNPBF.

  • Gaza toll 20,674 as Netanyahu vows to intensify fighting in coming days

    The Gaza health ministry said an Israeli strike late Sunday killed at least 70 people in Al-Maghazi refugee camp, in...

    The World Health Organization said it led missions to barely functioning hospitals in northern Gaza, describing starving people stripping an aid truck of supplies.

    Pope Francis deplored "the desperate humanitarian situation" of Palestinians in Gaza, calling for an immediate ceasefire and the freeing of hostages.