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Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.
  • Israelis unsure of ‘absolute victory’ in Gaza, finds poll

    Jerusalem - Despite Prime Minister Benjamin Netanyahu's insistence the Gaza war will end with Israel achieving "absolute victory", a majority...

    The Israel Democracy Institute think tank said only 38.3 percent of Israelis polled believed there was a "very high" or "fairly high" likelihood of an "absolute victory" in war.

    Some 55.3 percent of respondents conversely said there was a "fairly low" or "very low likelihood" of such an outcome. Just over six percent of the 612 respondents were undecided.

  • As truce talks resume in Cairo, people in Gaza suffer from hunger

    Heavy fighting rocked besieged Gaza as aid agencies warned of looming famine and new talks were held in Cairo towards...

    Combat and chaos again stalled the sporadic aid deliveries for desperate civilians in Gaza.

    The UN World Food Program said it was forced to halt aid deliveries in north Gaza because of "complete chaos and violence".

  • US urges UN court not to order Israel out of Palestinian lands

    The International Court of Justice is holding a week of hearings after a request from the UN, with an unprecedented...

    "The court should not find that Israel is legally obligated to immediately and unconditionally withdraw from occupied territory," said Richard Visek, US State Department advisor.

    "Any movement towards Israel withdrawal from the West Bank and Gaza requires consideration of Israel's very real security needs," he argued

  • Europe’s gas demand at 10-year low, to peak in 2025: report

    The invasion of Ukraine by Russia triggered a massive shift by European nations away from Russian natural gas delivered by...

    IEEFA said that European gas demand has declined by 20% since the start of the Russian invasion

    IEEFA noted that rush to build LNG terminals was continuing despite imports holding steady

  • Iran oil minister blames Israel for gas pipeline sabotage

    Tehran, Iran--Iran said Wednesday that Israel was behind twin sabotage attacks against gas pipelines that disrupted supplies in at least...

    The explosions on February 14 hit pipelines in the cities of Safashahr in the southern province of Fars and Borujen in the southwestern province of Chaharmahal and Bakhtiari.

    The Islamic republic's oil minister Javad Owji told reporters after a cabinet meeting in Tehran that "the explosion of the country's gas lines was the work of Israel"

  • London court rejects suspending arms exports to Israel

    Britain's strategic licensing criteria states that weapons should not be exported when there is a clear risk they could be...

    A coalition of legal advocacy groups had asked the High Court in January to expedite a judicial review of UK government's decision to keep selling arms to Israel

    But the court ruled against the measure, the lawyers said in a statement to AFP on Tuesday, adding that they would appeal the decision

  • Pentagon confirms Houthis shot down drone off Yemen

    The downing of the drone came the same day that the Houthi rebels targeted two US-owned merchant vessels as they...

    A Pentagon official said the drone was shot down by a Houthi surface-to-air missile

    The Houthis that they had targeted "two American ships in the Gulf of Aden"

  • Dutch court upholds $50bn payment award in Yukos case

    THE HAGUE, NETHERLANDS -  A Dutch court quashed an appeal by Russia in a record $50-billion case on Tuesday, paving the...

    The Amsterdam Appeals Court turned down a claim by Moscow that shareholders had "committed fraud" during the arbitration process.

    In 2014 the international Permanent Court of Arbitration (PCA) in The Hague ruled in favor of shareholders,

  • WHO registers eighty percent rise in measles case

    Geneva, Switzerland - The World Health Organization voiced alarm on Tuesday at the rapid spread of measles, with more than 306,000...

    At least 95 percent of children need to be fully vaccinated against the disease in a locality to prevent outbreaks, but global vaccination rates have slipped to 83 percent.

    WHO official Crowcroft pointed out that 92 percent of all children who die from measles live among less than a quarter of the global population, mainly in very low-income countries

  • WHO shifts 32 patients out of ‘indescribable’ Gaza hospital

    Geneva, Switzerland - The World Health Organization said on Tuesday it had transferred 32 patients out of the besieged Nasser Hospital...

    After being denied access to the hospital on Friday and Saturday, the WHO said it led two life-saving missions to transfer 32 critical patients, including two children.

    WHO staff said the scenes around the hospital in the southern city of Khan Yunis were "indescribable", while calling the conditions inside ripe for the spread of disease.