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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.
  • Sullivan calls for Gaza transition, rejects long-term Israeli occupation

    The US has suggested the internationally-recognized PA could play a role in governing Gaza after the war, though the Ramallah-based...

    "We do not believe that it makes sense for Israel, or is right for Israel, to occupy Gaza, reoccupy Gaza over the long term," Sullivan told journalists in Tel Aviv

    "Ultimately the control of Gaza, the administration of Gaza and the security of Gaza has to transition to the Palestinians," he added

  • Multiple rockets intercepted over central Jerusalem: AFP

    Jerusalem, Undefined -- Multiple rockets were intercepted over central Jerusalem on Friday, AFP journalists reported. Staff saw two explosions and heard...

    Hamas's armed wing, the Ezzedine al-Qassam Brigades, said it had fired rockets towards Jerusalem "as a response to the Zionist massacres of civilians".

    Paramedics rushed to the scene after the alarm was raised in Jerusalem and nearby Beit Shemesh, the Magen David Adom emergency medical services said.

  • Gaza ‘integral part’ of Palestinian state: Abbas tells US official

    The talks with US National Security Advisor Jake Sullivan came as Israel pressed its offensive in Gaza despite mounting international...

    Abbas "emphasized the urgent need to halt the ongoing Israeli aggression, particularly the genocide being carried out these days upon the Palestinian people in Gaza".

    Sullivan's visit to the region has also included meetings in Israel with Prime Minister Benjamin Netanyahu and Defense Minister Yoav Gallant.

  • Erdogan says US has ‘historic responsibility’ to ensure Gaza ceasefire

    Erdogan has been one of the Muslim world's most vocal critics of Israel's military tactics in Gaza. He has referred...

    Turkish leader spoke on the telephone with US President in their first talks since October 7, when an unprecedented attack on Israel by Hamas sparked the war

    During the telephone call, Erdogan said that "the United States has a historic responsibility to ensure a permanent ceasefire in the region as soon as possible"

  • Multi-day Israeli raid kills 11 in West Bank: ministry

    The latest death was a 17-year-old boy who the ministry said was shot in the chest by the Israeli army...

    Israeli troops launched their incursion into the northern city of Jenin and its refugee camp early Tuesday and were still present on Thursday afternoon

    More than 280 Palestinians have been killed by Israeli forces or settlers in the West Bank since the war in Gaza erupted on October 7, health officials say

  • Iran announces visa exemption for Saudi Arabia, 32 other countries

    Tehran, Iran — Iran has waived visa requirements for passport holders from 33 nations, signaling a significant step in opening...
  • Saudi Foreign Minister seeks British role in Gaza truce in meeting with Cameron

    London, Britain - Saudi foreign minister on Thursday Prince Faisal bin Farhan bin Abdullah called on the international community, especially...

    Prince Faisal also highlighted the need for creating conditions for the return of stability and the restoration of "a comprehensive and just peace" in Gaza

    They also discussed the developments in the Gaza Strip and the need to ensure that violence does not escalate so as to achieve full protection for civilians

  • US urges Israel to scale down Gaza offensive

    US National Security Advisor Jake Sullivan made the push during talks in Tel Aviv with Prime Minister Benjamin Netanyahu and...

    White House said earlier that Sullivan had pushed Israel on the timing of the war after Israel's defense minister told him that the conflict would last several more months

    Washington has strongly backed Israel's right to defend itself, but mounting civilian casualties in the Palestinian territory have caused a growing rift between the close allies

  • Palestinian presidency slams mosque ‘desecration’ by Israel army

    Video footage obtained by AFP showed soldiers inside a mosque in Jenin refugee camp using loudspeakers to recite the Shema...

    "Israeli occupation forces' desecration of a mosque in the Jenin camp is shameful and condemnable behavior," Palestinian presidency spokesman Nabil Abu Rudeineh said

    Abu Rudeineh called on the international community and US to "put pressure on Israel to stop its violations against Palestinian people, their property and their sanctities."

  • Yemen rebels fire missile at cargo ship in Red Sea

    A US official earlier said "we have indications that a missile was fired at the Maersk Gibraltar from a Houthi-controlled...

    No one was hurt in the incident involving the Maersk Gibraltar, which was sailing from Salalah, Oman to Jeddah, the Danish shipping giant said.

    Houthi spokesman Yahya Saree said the attack came after the ship's crew "refused to respond to the calls of the Yemeni naval services."