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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.
  • Sudan’s displaced forced to flee again as safe zones shrink

    Over half a million people had sought shelter in Al-Jazirah state before the paramilitary Rapid Support Forces began advancing on...

    UNFP said the spread of fighting southwards had forced it to suspend food assistance in parts of Al-Jazirah, calling it a "major setback"

    By early December, the war between the army and the RSF had killed 12,190 people, according to a conservative estimate by the Armed Conflict Locations

  • Macron says fighting terror does not mean ‘to flatten Gaza’

    President Emmanuel Macron told the France 5 broadcaster, "We cannot let the idea take root that an efficient fight against...

    Macron called on Israel "to stop this response because it is not appropriate, because all lives are worth the same and we defend them"

    The bloodiest-ever Israel's invasion of Gaza which began on October 7 has killed over 20,000 civilians, mainly women and children

  • Israel orders more evacuations of Gaza’s main southern city: UN

    The Israeli army said Wednesday that "ground, aerial and naval operations were carried out on dozens of terrorists and terrorist...

    UN said Israel had released maps showing new areas covering about 20 percent of the Khan Yunis city that had been marked for evacuation

    The area includes 32 shelters that housed more than 140,000 internally displaced persons, the vast majority of whom were previously displaced

  • West Bank crisis escalates while focus stays on Gaza

    With the world's eyes on the Gaza Strip, the escalating violence in the West Bank represents an underreported yet critical...

    With the world's eyes on the Gaza Strip, the escalating violence in the West Bank represents an underreported yet critical dimension of the Israeli-Palestinian conflict.

    Since the Oct 7 Hamas attack, the region has seen a sharp rise in settler violence, military operations, and Palestinian radicalization, a further setback in the quest for peace.

  • New Kuwaiti emir rebukes parliament and cabinet in inaugural speech

    Officially taking over from his half-brother Sheikh Nawaf, who passed away on Saturday, Sheikh Meshal is faced with the task...

    "I have stressed in my previous speeches that there are national obligations that must be fulfilled," the 83-year-old ruler told lawmakers after he took the oath of office

    Sheikh Meshal further pointed to public appointments and promotions that "don't meet the simplest standards of justice and fairness"

  • World Food Program transfers Gaza aid from Jordan via Israeli border

    "Delivering food from Jordan, to Gaza through Kerem Shalom crossing, will increase the volume and speed of food reaching the...

    The arrival of the 46-truck convoy, carrying more than 750 tons of goods, came after "weeks of coordination with all parties," WFP said

    "Establishing a corridor through Jordan will increase the flow of aid and remove some of the pressure and congestion we are currently facing," said an official

  • Israeli strikes kill 12 in Rafah amid truce, hostage deal efforts

    "Twelve martyrs and dozens of wounded, including women and children, were recovered from under the rubble when a house and...

    The Qatar-based Hamas chief, Ismail Haniyeh, arrived in Cairo for discussions on the "aggression in the Gaza Strip and other matters", the group said in a statement.

    Haniyeh -- who earlier met Iranian Foreign Minister Hossein Amir-Abdollahian -- was heading a "high-level delegation" to Egypt, a frequent mediator between Israel and Palestine.

  • EU reaches agreement on reforming bloc’s migration laws

    Spain, which chaired the lengthy negotiations in its role holding the EU presidency, said on X, formerly Twitter: "A political...

    The reform includes speedier vetting of irregular arrivals, creating border detention centres, and accelerated deportation for rejected asylum applicants

    The accord still needs to be formally approved by the European Council, representing the 27 EU member countries, and the European Parliament before it enters the bloc's lawbooks

  • Malaysia bans Israeli-flagged ships over Gaza war

    Prime Minister Anwar Ibrahim in a statement said that ships bound for Israel will also be barred from loading cargo...

    The Prime Minister said Malaysia was confident its trade would not be affected by the decision

    Pressure is mounting on Israel to agree to a new truce that could ramp up aid to the Gaza Strip

  • Strong Russia ties a strategic choice, says Xi Jinping

    The Chinese president called for deeper bilateral cooperation during a meeting with Russia's Prime Minister Mikhail Mishustin in Beijing. The...

    Xi said developing China-Russia relations is a strategic choice made by both sides

    Russian PM said that ties between Moscow and Beijing had reached an "all-time high"