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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.
  • Aid pledged to Ukraine down nearly 90 percent from Aug-Oct: Report

    Paris, France - Ukraine's allies have dramatically scaled back their pledges of new aid to the country, which have fallen to...

    The Kiel Institute figures showed newly committed aid between August and October 2023 came to just 2.11 billion euros, an 87-percent drop year-on-year

    The figures come amid signs of growing cracks in Western support for Ukraine as Kyiv's highly-anticipated counteroffensive fails to yield a breakthrough

  • ‘Clear shift’ in West Bank gunshot victim injuries inflicted by Israelis: MSF

    The medical charity's international president, who recently returned from the West Bank, said that since the war between Israel and...

    "Instead of having injuries in the limbs, they have gunshot wounds in the abdomen, the trunk and the head," said an MSF official

    The official called for greater international attention on the West Bank, where violence has flared since the outbreak of war between Israel and Hamas

  • Fatah’s popularity plunges after Oct 7 attack, relentless settler violence

    Fatah chief Mahmud Abbas has led the Palestinian Authority -- which has partial administrative control in the Israeli-occupied West Bank...

    Fatah's chosen path of negotiations has not brought about the Palestinian state promised by the Oslo Accords of 1993

    Fatah, by choosing negotiation rather than violence, has little to show for this policy as Israeli settlers continue to gain ground in the West Bank

  • Israeli strike on journalists in Lebanon ‘warrants war crime’ probe

    Issam Abdallah, 37, was killed instantly in the strike on October 13 in the south of the country near the...

    Independent investigations by AI and HRW conclude the first strike that killed Abdallah and severely wounded Assi was most likely a tank round fired from Israel.

    Under international humanitarian law, "it is forbidden in any circumstances to carry out direct attacks against civilians", HRW said.

  • Turkey’s Erdogan in Athens in ‘new chapter’ bid

    Speaking to Kathimerini on Wednesday, the Turkish leader said communication channels with Greece had been "revived" and that he looked...

    Erdogan and the Greek leaders are expected to discuss trade, regional issues and the perennially thorny issue of migration

    Greek and Turkish ministers will hold a meeting of the high cooperation council, a bilateral body that last convened in 2016

  • G7 urges two-state solution to Israel-Palestinian conflict

    The latest round of conflict between Israel and Hamas began when the Palestinian fighters launched an unprecedented attack into Israel...

    The leaders said they are committed to a Palestinian state as part of a two-state solution

    The statement from G7 leaders comes as Israel continues to battle Hamas in Gaza

  • Israel approves new settlement in east Jerusalem: NGO

    The Palestinian foreign ministry said on Tuesday that Israel was "taking advantage of international concern over the war in Gaza...

    Half the "new neighborhood" comprising 1,738 housing units will be in the city's annexed east, the Israeli NGO Peace Now said

    According to the Ir Amin anti-settlement NGO, around 300,000 Palestinians and 200,000 Israelis live in east Jerusalem

  • China slams ‘smearing’ of Belt and Road project after Italy withdraws

    Proponents of the BRI praise it for bringing resources and economic growth to the Global South. But critics have long...

    The foreign ministry did not directly comment on Italy's decision to withdraw from Beijing's vast BRI project

    But Wang pointed to the more than 150 participating countries as evidence of it being the "most popular international public product

  • US finds war crimes and ethnic cleansing in Sudan war

    After months of rising concern and frustration at the failure of talks, Secretary of State Antony Blinken presented findings following...

    Blinken said that both the Sudanese army and the RSF have committed war crimes

    More than 10,000 people have been killed, as per the Armed Conflict Location and Event Data Project

  • UK defence minister to visit Middle East to discuss ways to boost Gaza aid

    Shapps will also visit Kibbutz Kfar Aza in southern Israel which was attacked by Hamas on October 7 which killed...

    Shapps will also discuss how the UK can support the Palestinian Authority, the recovery of hostages, as well as efforts to prevent further escalation in the Middle East

    Earlier this week Shapps said Britain was considering sending military support vessel RFA Lyme Bay to provide medical and humanitarian aid in the Middle East