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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.
  • US military Osprey with 8 crew crashes off Japan

    Tokyo, Japan--A US Osprey military aircraft with eight crew on board crashed on Wednesday off a Japanese island, the coastguard said,...

    The coastguard said one unconscious person had been found at the scene and transported to a nearby port

    The Osprey, developed by Bell Helicopters and Boeing, has suffered a string of fatal crashes over the years

  • UNGA resolution calls upon Israel to withdraw from the occupied Golan Heights

    United Nations - The UN General Assembly adopted a resolution calling upon Israel to withdraw from the occupied Golan Heights,...

    A total of 91 countries voted in favor of the document, including Russia, Brazil, India, China and Saudi Arabia

    Eight countries, including the United States and the United Kingdom, voted against. 62 countries abstained

  • G7 calls on Houthis to stop threats to shipping

    On November 19, Huthis seized Israeli-linked cargo vessel the Galaxy Leader and its 25 international crew at the entrance to...

    Huthis have launched a series of drone and missile strikes targeting Israel since Hamas fighters poured over the border into Israel on October 7

    Gaza's Hamas government says that almost 15,000 people, mostly civilians, have been killed in Israel's retaliatory ground and air operation

  • 12 more Gaza hostages freed as mediators seek lasting truce

    So far, 60 Israeli hostages have been freed from Gaza under the terms of the deal, with a Russian-Israeli, 20...

    The final 24 hours of the extended agreement begins later Wednesday, with one more exchange of hostages for civilians expected

    On Tuesday, Hamas and Israel traded accusations of truce violations, but Qatar's Ansari said the "minimal breaches" did not "harm the essence of the agreement."

  • US, Israel intel chiefs in Qatar to explore ‘next phase’ of Gaza truce

    The leaders of the US Central Intelligence Agency and Israel's Mossad were scheduled to meet Qatari Prime Minister Mohammed bin...

    "The director of the CIA and the director of the Israeli National Intelligence Agency are in Doha to meet with the Qatari prime minister," a source told AFP

    Qatar has been engaged in intense negotiations, with support from Egypt and the United States, to further extend the truce in Gaza

  • Mass displacement of civilians should not take place in southern Gaza, says US

    WASHINGTON, US -  US President Joe Biden has warned Israel that its expected offensive in southern Gaza must avoid the kind...

    Israel has said it will continue its war on Hamas after an ongoing temporary truce expires.

    US has strongly backed ally Israel but it has increasingly warned that too many Palestinians are being killed.

  • There is a high risk of famine in Gaza, says UN

    ROME, ITALY - The population of Gaza, especially women and children, risk famine if humanitarian food supplies do not continue, the...

    The World Food Program said that six days was "not enough to make any meaningful impact".

    The World Food Program said that six days was "not enough to make any meaningful impact"

  • Dubai Future Forum calls for creation of global framework

    DUBAI, UAE: Governments and the United Nations should create an internationally adopted framework specifically designed to help solve global challenges,...

    The event examined the proliferation of AI and the future dynamics between humans and machines.

    It also discussed as to how the people and societies can adapt to rapid technological advancements.

  • Riyadh comfortably outbids rivals to win World Expo 2030 bid

    The date of 2030 is hugely symbolic for Saudi, coinciding with the key milestone in the Vision 2030 programme of...

    Needing only one round of voting and securing the necessary two-thirds majority, Riyadh won 119 votes, South Korea's Busan 29 and Italian capital Rome 17.

    Saudi Foreign Minister Prince Faisal bin Farhan in his final presentation pledged an "unwavering commitment to collaborate with all nations to deliver an Expo built by the world.

  • All 41 Indian workers trapped in tunnel for 17 days rescued

    Silkyara Tunnel, India -- Indian workers were greeted with wild cheers and flower garlands Tuesday as rescuers safely brought out all...

    With beaming smiles, the rescued men were welcomed as heroes after being hauled through 57 meters (187 feet) of steel pipe on stretchers specially fitted with wheels.

    Prime Minister Narendra Modi told the workers in a statement that their "courage and patience is inspiring everyone".