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Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.
  • Saudi Arabia, Belarus ink MoU to boost trade, investment

    RIYADH, SAUDI ARABIA - The Federation of Saudi Chambers and the National Center for Marketing and Price Study at the...

    Under the pact, the two parties will exchange information related to trade, business environment, investment, production and export opportunities.

    The two parties will organize joint research activities pertaining to marketing to enhance trade prospects and explore ways of improved cooperation.

  • Hizbollah commander killed as Blinken seeks Gaza de-escalation

    On his fourth regional trip since the war began, US Secretary of State Antony Blinken arrived in Saudi Arabia after...

    His meeting with Saudi Crown Prince was set to touch on the potential of normalization of ties between Saudi Arabia and Israel after Gaza crisis stalled the prospects

    Palestinian president Mahmud Abbas was in Cairo to meet President Abdel Fattah al-Sisi of Egypt, a mediator in the conflict

  • Two Gaza journalists killed in Israeli strike: Al Jazeera

    Witnesses told AFP that two rockets were fired at the car -- one hit the front of the vehicle and...

    Hamza Wael Dahdouh and Mustafa Thuria were killed while they were "on their way to carry out their duty"

    The Committee to Protect Journalists says at least 79 journalists have been killed in Gaza

  • Bangladesh’s Hasina wins fifth term in power

    The prime minister has presided over breakneck economic growth, but her government has been accused of a ruthless opposition crackdown....

    "The Awami League has won the election," said Moniruzzaman Talukder, of the Election Commission

    BNP head Tarique Rahman called the result "a disgrace to the democratic aspirations of Bangladesh"

  • UK-Palestinian surgeon fights for ‘justice’ after Gaza return

    Ghassan Abu Sitta -- born in Kuwait and who has lived in Britain since the late 1980s -- arrived in...

    Ghassan Abu Sitta, a plastic surgeon specializing in conflict injuries, spent 43 days volunteering in the besieged Palestinian territory, mostly at the al-Ahli and Shifa hospitals

    The 54-year-old has already testified to the Met about the injuries he saw and the kinds of weapons used, as part of evidence being gathered for an IIC probe

  • Germany ready to sell Eurofighter jets to Saudi Arabia: minister

    "We do not see ourselves, as the German federal government, opposing British considerations on other Eurofighter (sales)," Baerbock told journalists...

    Annalena Baerbock noted that Saudi Arabia and Israel had "not renounced their policy of normalisation" since war broke out

    "The fact that Saudi Arabia is now intercepting missiles fired by the Houthis at Israel underlines this, and we are grateful for that," she added

  • Blinken warns Israel-Hamas war could ‘metastasize’

    Blinken will meet with Crown Prince Mohammed bin Salman in the Saudi desert city of Al-Ula, said a US official...

    Israel has carried out a relentless bombardment and ground invasion that have killed at least 22,835 people in Gaza, most of them women and children

    Amid the deepening humanitarian crisis and mass displacement in Gaza, Blinken said civilians "must be able to return home as soon as conditions allow".

  • Libya declares ‘force majeure’ at major oilfield amid protests

    Tripoli, Libya -- Libya's state-owned energy firm said on Sunday it had declared a state of "force majeure" at Al-Sharara oilfield...

    Declaring "force majeure" allows parties to free themselves from contractual obligations when factors such as fighting or natural disasters make meeting them impossible.

    The NOC did not elaborate on the protesters' demands but said "negotiations are ongoing to resume production as soon as possible".

  • Turkish Airlines grounds Boeing 737 MAX 9 jets amid inspection orders

    Turkish Airlines said that it would stop flying five Boeing 737 MAX 9 jets in its fleet even as the...

    The Alaska Airlines scare prompted the US Federal Aviation Administration to order immediate inspections of around 171 of the jets operated worldwide.

    Boeing has so far delivered about 218 of the 737 MAX planes worldwide, the company said.

  • Gaza war rages into fourth month as Blinken tours Middle East

    Jordan's king urged Blinken to push for a ceasefire in Gaza and an end to the humanitarian crisis brought by...

    Outside Jordan's capital, ahead of Blinken's visit to a World Food Programme aid warehouse, senior UN official Sheri Ritsema-Anderson described Gaza situation as "epic catastrophe"

    Israeli airstrikes overnight and early Sunday killed at least 64 people, including two journalists, in the devastated territory, the health ministry said.