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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.
  • Taiwan shipping giant Evergreen suspends Israel cargo services

    Due to "escalation of war situation in recent days, Evergreen will temporary suspend Israel import and export service due to rising...

    Several of the world's largest shipping companies, including Maersk and Hapag-Lloyd, and energy giant BP have already suspended passage through the Red Sea.

    Yemeni rebels have said they were targeting vessels near the strait to pressure Israel over its devastating onslaught on Gaza.

  • Israeli army shoot four Palestinians dead in West Bank

    Israeli forces shot dead four Palestinians in a West Bank refugee camp, the Palestinian health ministry said. Mohammad Samir Milhem,...

    In a separate incident on Monday, a 27-year-old woman was wounded in "a shooting towards a car" north of Ramallah.

    Health officials say 301 Palestinians have now been killed by Israeli forces or settlers in the West Bank since the war in Gaza erupted

  • Algerian footballer to face trial in France over Gaza post

    Nice, France - Algerian international footballer Youcef Atal goes on trial in France on Monday accused of inciting hatred after posting...

    The International League against Racism and anti-Semitism (Licra) and the Jewish Observatory of France have brought civil actions against the player.

    His club quickly suspended him "until further notice" after the post, while the professional football league banned him for seven matches.

  • Maritime agencies report explosion off Yemen coast

    Dubai, UAE - A "possible explosion" struck a key shipping lane off Yemen on Monday, two maritime agencies said, the latest...

    The British military’s United Kingdom Maritime Trade Operations issued a warning of a potential explosion striking near a vessel passing through the Bab al-Mandeb strait.

    "The captain reported... the 'explosion' occurring two nautical miles off one of the vessel's quarters while it was transiting," said maritime security firm Ambrey.

  • Israel intentionally starving civilians in Gaza: HRW

    Following months of fierce bombardment and fighting, most of Gaza's population has been displaced and people are grappling with shortages...

    HRW said Israel is using starvation of civilians as a method of warfare in Gaza

    Israel hit back at Human Rights Watch, accusing it of being an "anti-Semitic"

  • Eight civilians killed by Syria army in rebel bastion: monitor

    The Britain-based Syrian Observatory for Human Rights said six other people were injured in the attacks. Earlier, five government soldiers...

    It is said the HTS attack was a response to the wounding of 14 civilians earlier on Sunday

    HTS is considered a terrorist organisation by Damascus, the United States and the EU

  • Israel faces mounting outrage over Gaza war

    The Israeli government has come under growing pressure from the international community to pause the fighting and do more to...

    The health ministry in the Hamas-run territory says more than 18,800 people, mostly women and children, have died in Israel's campaign in Gaza

    French Foreign Minister Catherine Colonna was in Israel on Sunday, where she called for an "immediate and durable" truce

  • WHO denounces ‘destruction’ of Gaza hospital

    All health care facilities in the Gaza Strip have been hit hard by the bombardments and ground invasion launched by...

    The statement came as the Israeli army pulled out of the hospital after an operation lasting several days, claiming it had been used as a command center by Hamas

    Israel's representative to the United Nations posted to X accusing Tedros Adhanom Ghebreyesus of making no mention of "Hamas entrenchment in hospitals"

  • Security scare near US president as car hits motorcade

    Wilmington, United States--A car crashed into a Secret Service vehicle attached to Joe Biden's motorcade on Sunday, with the security scare...

    A White House official said that both the president and first lady were fine

    Agents sprang into action, cornering the silver car with Delaware license plates

  • Facing pressure, Security Council to vote on new Gaza ceasefire call

    The Security Council has faced sharp international opprobrium as it has managed to pass only one resolution on Gaza since...

    The vote comes days after the US blocked a previous Security Council resolution that would have called for a "humanitarian ceasefire" in the battered Palestinian territory

    The new draft, drawn up by the United Arab Emirates calls for an "urgent and sustainable cessation of hostilities to allow safe and unhindered humanitarian access."