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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.
  • Pope deplores death of two women in Gaza parish

    Pope Francis spoke a day after the Latin Patriarchate of Jerusalem said a Christian mother and daughter had been shot...

    The pope said there were families, children, people, who are sick and have disabilities. in the parish

    According to the Vatican press agency, the victims were an elderly woman and her daughter

  • Plan to end e-vehicle subsidies sparks anger in Germany

    BERLIN, GERMANY -  The German government on Sunday faced a backlash after abruptly ending an electric car subsidy scheme in a...

    The economy ministry said on Saturday that Sunday would be the last day prospective buyers could apply for the scheme.

    Under the scheme, the government paid out thousands of euros per customer to partially cover the cost of buying an electric car.

  • Kuwait’s emir Sheikh Nawaf laid to rest in a low-key ceremony

    KUWAIT CITY, KUWAIT - Kuwait's emir Sheikh Nawaf al-Ahmad Al-Sabah, who was defense minister when Iraq invaded the oil-rich country in...

    Attendance was largely limited to ruling family members, making for an intimate farewell for the emir who reigned for three years.

    Across Kuwait City, large digital billboards displayed pictures of the late ruler, hailed as the "emir of wisdom, forgiveness and peace".

  • Killed Israeli hostage’s brother says army ‘murdered’ him

    Alon Shamriz, 26, was one of the three Israeli hostages shot dead by soldiers during an operation in the Gaza...

    "Those who abandoned you also murdered you after all that you did right," Ido, brother of Shamriz said at the funeral in kibbutz Shefayim north of Tel Aviv.

    The deaths of the three men sparked protests in Tel Aviv as demonstrators demanded that the authorities offer a new plan for bringing home the remaining hostages.

  • Israeli strikes kill 24 Palestinians as pressure grows for Gaza ceasefire

    French Foreign Minister Catherine Colonna was the latest envoy to call for an "immediate and durable" truce leading to a...

    Pope Francis deplored the death of a Christian mother and daughter reportedly shot dead by an Israeli soldier at Gaza's only Catholic church, where families were sheltering.

    "I would not be surprised if people start dying of hunger, or a combination of hunger, disease, weak immunity," said Philippe Lazzarini, head of UNRWA.

  • UAE, Kazakhstan sign MoU to combat financial crimes

    ASTANA, KAZAKHSTAN – UAE and the Republic of Kazakhstan signed an agreement to enhance bilateral cooperation in the combating of...

    The MoU aims to increase cooperation in combating money laundering, terrorism financing and proliferation financing.

    It will focus on four key areas: virtual assets, public-private partnership, education and capacity building, and asset recovery.

  • Native oysters making a return to Belfast after over a century’s absence

    BELFAST, UK - Long gone from Belfast's famed harbor where the Titanic was built, oysters are making a comeback thanks to...

    Until the early 1900s, the Belfast Lough channel was home to large oyster reefs but overfishing, disease and pollution decimated the population.

    Extensive native oyster beds were abundant in European seas and humans have been harvesting them since the Stone Age.

  • Israel army kills five Palestinians in West Bank: health ministry

    The death toll from the raid on the Nur Shams camp in the West Bank city of Tulkarem climbed to five...

    More than 290 Palestinians have been killed by Israeli forces or settlers in the West Bank since the war erupted on October 7, health officials say.

    Israel has occupied the West Bank since the 1967 Arab-Israeli war. Jenin in particular has been the scene of repeated raids in recent months that have left dozens dead.

  • Italy, UK leaders unite on migration, agree Tunisia deal

    At their meeting, Sunak and Meloni agreed to fund a project to help repatriations of migrants in Tunisia, the departure...

    The two leaders held formal talks at Meloni's office and the British Conservative leader also delivered a speech at a gathering of her far-right Brothers of Italy party

    Both leaders have vowed to stop migrant boat landings on their country's shores and in his speech, Sunak hailed the willingness of them both to "break from consensus"

  • US warship downs 14 Houthi-fired drones in Red Sea

    The operation took place as Pentagon chief Lloyd Austin headed to the Middle East, where he would meet with Bahrain...

    The aerial vehicles were "assessed to be one-way attack drones and were shot down"

    Yemen's Houthi rebels have launched a series of drone and missile strikes targeting vessels