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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.
  • More than 60 feared dead off Libya in latest migrant tragedy

    Twenty-five people were rescued and transferred to a Libyan detention center, said the IOM. It said the survivors were all...

    The migrants are believed to have died because of high waves which swamped their vessel after it left from Zuwara, on Libya's northwest coast, the IOM's Libya office said

    Citing survivors, it said there were approximately 86 migrants aboard -- including women and children -- from Nigeria, The Gambia and other African countries

  • Al Jazeera journalist killed in Israel strike laid to rest in Gaza

    Samer Abu Daqqa's body, bearing his bullet-proof vest and helmet, was carried through a crowd in the city of Khan Yunis...

    Abu Daqqa was reporting from a school in Khan Yunis when he was hit by a drone strike on Friday, said Al Jazeera television network

    His mother Umm Maher Abu Daqqa accused Israel of targeting journalists, "especially those working for Al Jazeera"

  • UK, Germany call for ‘sustainable ceasefire’ in Gaza

    In a joint article written in Sunday Times, UK foreign minister David Cameron and German counterpart Annalena Baerbock said the...

    The two top diplomats said everything must be done to pave the way to a sustainable peace

    The UN General Assembly on Tuesday night overwhelmingly demanded a ceasefire in Gaza

  • US implores Sudan fighters to halt advance on aid hub

    As per UN figures, nearly half a million displaced people have sought refuge in Sudan's Al-Jazirah state, more than 86,000...

    According to the Armed Conflict Location and Event Data Project, the war has claimed some 12,190 lives

    The UN estimates nearly 5.4m people are internally displaced, while about 1.3m have fled abroad

  • Gaza hospital military ‘activity’ over, says Israel

    Israeli forces, according to the Gaza health ministry, fired at "patient rooms" and arrested staff at the Kamal Adwan hospital...

    The Israeli army said it had "completed its activity in the area of the Kamal Adwan hospital"

    Hamas blamed Israeli troops for having carried out a "horrific massacre" inside the hospital

  • UAE leads humanitarian efforts in Gaza, seeks truce

    "The Gulf country will continue its efforts to achieve peace through tangible steps and a roadmap for a two-state solution....

    The UAE strongly condemns Israel’s collective punishment and displacement policies.

    The country remains committed to Palestinian humanitarian aid and medical support.

  • Moroccan officials questioned in EU graft probe

    BRUSSELS, BELGIUM - Several Moroccan officials have been questioned as part of a high-profile investigation into alleged bribery by the north...

    The interviews in Morocco were conducted by local authorities in the presence of Belgian investigators.

    The questionings were the first in the country since Brussels launched a sprawling graft probe in 2022.

  • UAE, Turkey explore ways to enhance bilateral relations

    Abu Dhabi, UAE - UAE President Sheikh Mohamed bin Zayed Al Nahyan discussed bilateral ties with Recep Tayyip Erdogan, President...

    UAE President Al Nahyan and Turkish president Erdogan also exchanged views on various regional and international issues of mutual interest.

    The two leaders emphasized the importance of an immediate ceasefire in the Gaza Strip, ensuring the protection of civilians .

  • UK shoots down ‘suspected’ drone attack in Red Sea

    London, UK - A UK destroyer has brought down a suspected attack drone in the Red Sea, defense minister Grant Shapps...

    Britain announced last month that it was sending HMS Diamond, one of its most advanced naval vessels, to the Gulf to shore up its presence in the region.

    The deployment followed the outbreak of conflict between Israel and Hamas and the seizure of an Israeli-linked cargo vessel by Iranian-backed Yemeni Houthi rebels

  • Kuwait, world mourn passing of Emir Sheikh Nawaf; welcome Sheikh Meshal as successor amid challenges

    The Gulf country sees a seamless transition of power as Sheikh Meshal ascends to emir following the death of Sheikh...

    The Gulf country sees a seamless transition of power as Sheikh Meshal ascends to emir following the death of Sheikh Nawaf, amidst global condolences and internal challenges.

    Public offices in Kuwait will close for three days, and a 40-day mourning period is declared following Sheikh Nawaf's death, who was hospitalized in November.