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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.
  • Iran slams UN for its failure to stop Israel-Hamas war in Gaza

    Iranian President Ebrahim Raisi slammed the "inefficacy" of international bodies to halt fighting between Israel and Palestinian group Hamas which...

    The UNSC resolution urged the creation of "conditions for a sustainable cessation of hostilities", without calling for an immediate end to the fighting,

    "The inability and inefficacy of international organizations has become clear to everyone in the world," the Iranian President said.

  • Families of Gaza’s Christians tense due to war

    Jerusalem - Khalil Sayegh lives in the United States and for days he anxiously awaited news of his family who...

    The Latin Patriarchate of Jerusalem reported that on December 16 two Christian women were "murdered" by an Israeli army sniper.

    A Jerusalem-based nun,said she is only able to reach two other nuns sheltering at the Holy Family Church every three or four days.

  • Israeli evacuation diktat leaves Gaza without safe zone, says UN body

    Israel's latest evacuation order for civilians in the central Gaza Strip would force them to relocate to areas "where there...

    "The Israeli army just orders people to move into areas where there are ongoing air strikes. No place is safe, nowhere to go," said a UN official.

    "People in Gaza are people. They are not pieces on a checkerboard -- many have already been displaced several times," he added.

  • Six Turkish soldiers dead in Iraq after PKK attack

    Ankara, Turkey - Six Turkish soldiers were killed and one wounded when their base in northern Iraq was attacked by members...

    Friday's attack on Turkish troops by the Kurdistan Workers' Party occurred near Hakurk, the defense ministry said.

    In October, Turkish President Recep Tayyip Erdogan vowed to continue stepping up its strikes on targets in Iraq and Syria.

  • War affects Christmas festivities in southern Lebanon

    Qlayaa, Lebanon - In the Lebanese Christian border village of Qlayaa, the priest urged his parish to keep the Christmas spirit...

    Despite the violence, the church has put up lights, a life-sized manger and is planning recitals and activities for the community's children.

    Residents along the border are used to "difficult times", said father Antonios Farah, "but we have decided... we will celebrate Christmas as usual".

  • UN expresses ‘alarm’ at spreading violence in Sudan

    The Council in a joint statement denounced attacks on civilians and the spread of the violence "into areas hosting large...

    The UN called on the warring parties to allow for safe and unhindered humanitarian access

    It said apart from the 7m internally displaced another 1.5m had fled into neighboring countries

  • Ukraine says it shot down three Russian Su-34 fighters

    Air force commander Mykola Oleshchuk said the Su-34 jets were downed around noon on Friday. In his announcement he noted...

    In his nightly address on Friday, President Volodymyr Zelensky thanked the soldiers who shot down the Russian fighters in the Kherson region

    The Kremlin has not commented on the Ukrainian claims but Russian war blogger Fighterbomber said there had been losses, likely due to the Patriot missile air-defence system

  • Saudi defense minister hosted by UK counterpart at Lancaster House in London

    Riyadh, Saudi Arabia — UK's Secretary of State for Defense Grant Shapps welcomed Saudi Arabia's Minister of Defense Prince Khalid bin...

    Upon Prince Khalid bin Salman's arrival, a formal reception ceremony was held, featuring a review of the guard of honor

    The two sides discussed strengthening the strategic partnership between the UK and Saudi Arabia

  • UK terms UN resolution on Gaza as ‘good news’

    UK Foreign Secretary David Cameron termed it good news that that the UN has come together to "back a resolution...

    Cameron said that the resolution also calls for steps towards a sustainable ceasefire

    Russia and the United States abstained, meaning it passed with 13 votes in favor

  • UNSC approves aid resolution as Gaza crisis mounts

    As fighting between Israel and Hamas intensifies, the UN Security Council has passed a resolution to enhance aid to Gaza,...

    As fighting between Israel and Hamas intensifies, the UN Security Council has passed a resolution to enhance aid to Gaza, where civilians face severe hardships.

    Escalating conflict between Israel and Hamas in Gaza has led to over 410 deaths in 48 hours and intense urban warfare, triggering a severe humanitarian crisis.