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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.
  • 30 Palestinian civilians freed under truce deal: Israel

    The overnight releases, which came after a sixth batch of hostages were freed from Gaza, bring the number of Palestinian...

    During the night, 30 male and female security civilians were released from a number of prison facilities," the country's prison service said in a statement

    Among those freed was Ahed Tamimi, a 22-year-old activist who has become a key figure for Palestinians defying the Israeli occupation

  • Israel’s security impossible without resolving Palestinian problem: Russia

    United Nations - Israel’s security can be ensured only through a lasting solution to the Palestinian problem and Russia is...

    Many questions arise about ways of reviving Gaza and about the future lasting solution to the Palestinian problem in general, Vasily Nebenzya said

    The mechanism of external backing for conditions for a lasting, stable settlement on the basis of the two-state solution should be really representative, he added

  • UAE presents its maritime contributions at IMO meet in UK

    DUBAI, UAE - Presenting its category B candidacy in the International Maritime Organization (IMO) Council at the organization’s focus group...

    The UAE’s strategic location at the crossroads of global shipping routes has enabled it to become a central maritime hub in the world.

    The country has strived to achieve continuous development in the maritime industry, which is a key pillar of its national economy.

  • Google to pay Canadian media $73m annually after a deal with Ottawa

    Ottawa, Canada -- The Canadian government and Google have reached a deal to support the country's media, heading off an...

    The amount is less than the government-estimated compensation, but heads off a potential online blackout for news in Canada, where Google and Meta are the dominating platforms.

    The agreement will reportedly allow Google to negotiate with a single group representing all Canadian media, rather than one-on-one deals.

  • Gaza ceasefire possible if those with influence take it seriously: WHO

    Geneva, Switzerland -- The WHO on Wednesday said that a ceasefire between Israel and Hamas was possible but those with influence...

    Only 15 of Gaza's 36 hospitals are still functioning with any capacity but are "completely overwhelmed".

    And of the 25 hospitals in the north, only three are still operating at the most basic level, lacking water, fuel and food, said WHO chief Tedros Adhanom Ghebreyesus

  • 8-year-old, teenager shot dead in West Bank, says Palestine

    Ramallah, Palestinian Territories - An eight-year-old boy and a teenager were killed by the Israeli army on Wednesday in the occupied...

    Palestinian ministry said in a statement that "Adam al-Ghul, eight years old, and Bassem Abu el-Wafa, 15 years old, were killed by bullets".

    CCTV footage circulating online and on television news shows a boy being struck by a bullet and falling in the street, sending other children fleeing.

  • Norway’s Oslo city hall hoists Palestinian flag

    Oslo, Norway - Oslo's city hall on Wednesday raised the Palestinian flag in a show of solidarity with the people of...

    The initiative coincides with the International Day of Solidarity with the Palestinian People, celebrated since 1978 following the adoption of a resolution by the UN.

    Queried by AFP, the Israeli embassy in Norway said it had "no issue" with this gesture of solidarity towards the Palestinians.

  • Turkish President Erdogan calls Israeli Prime Minister Netanyahu ‘butcher of Gaza’

    Ankara, Turkey - Turkish President Recep Tayyip Erdogan on Wednesday branded Israeli Prime Minister Benjamin Netanyahu "the butcher of Gaza" and...

    "Netanyahu has already written his name in history as the butcher of Gaza," Erdogan said in nationally televised remarks

    He is endangering the security of Jews globally "by supporting anti-Semitism with the murders he committed in Gaza," he added

  • Saudi Arabia’s PIF to buy 10 percent stake in London’s Heathrow airport  

    Saudi Arabia's sovereign wealth fund is to buy 10 percent of London's Heathrow airport from Spanish infrastructure giant Ferrovial, whose...

    Heathrow, which is one of the world's busiest airports, is owned by the consortium FGP Topco Limited.

    Ferrovial bought its stake in Heathrow in 2006 and initially held 56 percent of the hub, before reducing its interest.

  • Sweden says Turkey promised NATO approval ‘within weeks’

    NATO's other 29 allies, outside of Turkey and Hungary, had hoped to formally welcome Sweden into the alliance at the...

    Turkey and Hungary are the only NATO members yet to ratify Sweden's bid, more than 18 months after it applied for membership

    Turkish parliament this month started to debate Sweden's application to join after Erdogan launched the process following a deal at a NATO summit in July