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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.
  • Kuwait emir Sheikh Al-Sabah dead at 86, says royal court

    "With great sadness and sorrow, we mourn... the death of Sheikh Nawaf al-Ahmad Al-Sabah, Emir of the State of Kuwait,"...

    "With great sadness and sorrow, we mourn... the death of Sheikh Nawaf al-Ahmad Al-Sabah, Emir of the State of Kuwait," said a statement

    State television had cut its regular programming and switched to a broadcast of Quranic recital before the announcement.

  • NCSC seeks to regulate Jordan’s cybersecurity market

    AMMAN, JORDAN - National Cyber Security Center (NCSC) seeks to regulate the Kingdom's cybersecurity market by outlining and endorsing the...

    One of the NCSC's key measures focuses on issuing Cybersecurity Services Licensing System, its director said.

    This would "effectively" contribute to strengthening and supporting Jordanian companies to enter the cybersecurity market.

  • Volunteers offer help to Arab-Israeli farmers amid Gaza war

    Baqa al-Gharbiya, Israel--In Baqa al-Gharbiya, an hour's drive from Haifa, city folk have temporarily traded pens for boots to aid farmers...

    Many people, lawyers or teachers, have joined hands to help Arab-Israeli farmers in the harvest as there is a shortage of labor force because of the war

    Volunteers were picking cucumbers, placing seedlings on stakes, and were preparing for the strawberry harvest when the rains interrupted them

  • Iran executes man convicted of spying for Israel: judiciary

    According to human rights groups, including Amnesty International, Iran executes more people per year than any other nation except China....

    He was also found guilty of "collecting and providing classified information to the Mossad spy service with the aim of disrupting public order."

    Iran has previously announced the arrests of alleged agents working for foreign countries, including Israel, its regional arch-foe

  • Israel troops kill 3 hostages mistaking them for ‘threat’

    The Israeli army said that it had mistakenly identified three Israeli hostages as a threat, and fired, killing three of...

    The army identified the hostages as Yotam Haim and Alon Shamriz and Samer El-Talalqa

    Its spokesman said the military "bears responsibility for everything that happened"

  • Lebanon parliament extends army chief’s job, avoiding vacuum

    Around 80,000 Lebanese serve in the army, which is seen as a key pillar of the country's stability. The force...

    Parliament approved delaying the retirement of senior officers at the head of the military and security services for one year, Lebanon's official National News Agency said

    Lebanon has been without a president for more than a year and its government is operating in a caretaker capacity as political deadlock paralyses decision-making

  • Israeli attack killed journalist in Gaza: Al Jazeera

    The Qatari network had first reported that cameraman Samer Abu Daqqa and Gaza bureau chief Wael Al-Dahdouh were wounded in...

    The network said that following Samer's injury, he was left to bleed to death for over 5 hours

    Al Jazeera held "Israel accountable for systematically targeting and killing Al Jazeera journalists"

  • IEA boss says COP28 bid farewell to fossil fuels

    PARIS, FRANCE - While the UN's COP28 climate summit marked a pivot moment, when the world pledged to say "goodbye" to...

    It gave an unmistakable signal to investors that if you continue to invest in fossil fuels you may well have serious business risks

    It gives a signal to the investors for clean energy that they may be more profitable than many people now believe they are.

  • Storm-1152: Vietnam-based creator of fake Microsoft accounts

    Seoul, South Korea - Microsoft has seized the websites of a Vietnam-based group it alleges sold millions of fake accounts to...

    Storm-1152 is "the number one seller and creator of fraudulent Microsoft accounts", creating around 750 million to date, the company said Wednesday

    Storm-1152 pursued a model called "cybercrime-as-a-service" or CaaS, acting as a provider to other criminal groups, Microsoft and Arkose said

  • France steps up Middle East effort with foreign minister’s Lebanon visit

    There have been near-daily cross-border exchanges between Hezbollah, an Iran-backed Hamas ally in Lebanon, and Israel since the Palestinian group's...

    Along the Israel-Lebanon border violence has remained relatively limited, with 128 killed in total, including 90 Hezbollah combatants and at least 11 Israelis.

    Israel's current objective is that Hezbollah forces move back from the border by 40 kilometers (25 miles), a Western diplomatic source in Beirut said.