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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.
  • Hamas fighters to free more hostages as families reunite

    A third group of Israeli hostages will be set free by Hamas fighters in exchange for Palestinian prisoners, a day...

    Hamas has released 26 Israeli hostages in exchange for 78 Palestinian prisoners

    It will free a total of 50 hostages during the truce in exchange for 150 Palestinians

  • Israeli army kills 6 people in West Bank: Palestinian ministry

    The West Bank has seen an uptick in violence since the October 7 cross-border attack on Israel by Hamas last...

    A 25-year-old doctor was killed early in the morning outside his home in Qabatiya, a stronghold of Palestinian armed groups

    Four people were also killed by Israeli army fire in Jenin, during an incursion by a large number of armored vehicles into the town

  • UN delivers fresh supply of aid in northern Gaza

    Eleven ambulances, three coaches and a flatbed were delivered to Al-Shifa hospital, which had seen heavy fighting in recent days,...

    The UN said that another 200 trucks had been dispatched to the Gaza Strip from Nitzana, Israel

    It said that the longer the pause lasts, the more aid humanitarian agencies will be able to send into Gaza

  • UN peacekeeping patrol in Lebanon hit by Israeli fire

    A four-day truce between Israel and Hamas began on Friday, and a source close to Hizbollah told AFP that the...

    The UN Interim Force in Lebanon said in a statement that a UNIFIL patrol was hit by IDF (Israeli army) gunfire" in the vicinity of Aitarun

    It added that no peacekeepers were injured, "but the vehicle was damaged," and that "this incident occurred during a period of relative calm"

  • Thousands march in Canada for Gaza ceasefire

    Carrying placards and waving Palestinian flags, thousands of protestors chanted slogans before Canada's Parliament in Ottawa, demanding a permanent ceasefire...

    The march came after an online petition presented to lawmakers with 286,719 signatures

    A temporary truce was largely being respected as Israel and Hamas exchanged prisoners

  • Gaza truce: Hamas, Israel free second group of civilians

    The move, part of a broader truce agreement mediated by Qatar and Egypt, saw emotional reunions as families welcomed their...

    The move, part of a broader truce agreement mediated by Qatar and Egypt, saw emotional reunions as families welcomed their loved ones back.

    The situation remains tense, with discussions about extending the truce and the potential resumption of conflict by Israeli forces.

  • Latest developments in Israel-Hamas war

    Jerusalem -  Plans to release another group of Israeli hostages in exchange for Palestinian prisoners suffered a setback on Saturday,...

    Hamas is expected to free a total of 50 hostages in exchange for 150 Palestinian prisoners in Israel, under a deal brokered by Qatar, Egypt and the US.

    About 215 hostages are still held in Gaza, the Israeli army has said, adding however that in many cases it is unknown if they are alive or dead.

  • Hamas postpones hostage release until Israel sticks to ‘terms of agreement’

    Hamas said that it was delaying the release of a second group of Israeli hostages in exchange for Palestinian prisoners...

    A video released by Hamas showed masked fighters with the green headband of the armed wing, handing hostages over to the Red Cross.

    Israel released 39 Palestinian women and children from its prisons under an agreement that mandates exchanges at a ratio of three to one.

  • Every industry should be held accountable on climate, says COP28 president

    Paris, France - The president of a pivotal UN climate summit defended on Saturday the large presence of industry representatives at...

    "Everyone needs to be part of this process and everyone needs to be held responsible and everyone needs to be held accountable," COP28 president Sultan Al Jaber said

    "That includes all industries and in particular heavy emitting industries like aviation, transportation, aluminum, cement, steel, as well as the oil and gas industry," he added

  • US says Iran hit Israeli cargo ship in Indian Ocean

    An Israeli-owned cargo ship was damaged in a suspected drone attack by Iran's Islamic Revolutionary Guard Corps in the Indian...

    Maritime security company Ambrey said the ship was reportedly damaged when the unmanned aerial vehicle exploded close to it.

    The reported attack comes almost a week after Yemen's Iran-backed Houthi rebels seized an Israel-linked cargo ship in the southern Red Sea.