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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%.
  • Gaza war effect: Israel’s GDP shrinks by 20% in the last quarter of 2023

    Overall, Israel's GDP grew by 2.0 percent in 2023, short of the 2.3 percent projection made by the Bank of...

    It was the single worst quarter for the Israeli economy in terms of GDP per capita since the opening quarter of the Covid pandemic in early 2020.

    The country has seen massive labor shortages and the collapse of the tourism industry since the outbreak of war.

  • Norway deal averts Palestinian financial collapse: govt

    The portion of the revenues that Israel will transfer to Norway will remain in a Norwegian account until the parties...

    Under a 1994 agreement, the PA receives taxes that Israel collects on its behalf -- but Israel has withheld some of these since Hamas's attack

    The Palestinian Authority has refused to accept any transfers unless Israel changes its decision, an impasse that has lasted for several months

  • Israel sets Ramadan deadline for offensive on Gazan city Rafah

    Fearing the potential for mass casualties, foreign governments and aid organizations have repeatedly urged Israel to spare Rafah, the last...

    Speaking at the Rafah offensive in Jerusalem conference on Sunday, Netanyahu renewed his vow "to finish the job to get total victory" over Hamas, with or without a hostage deal

    Benny Gantz said that an offensive would be carried out in a coordinated manner to facilitate an evacuation to minimize the civilian casualties as much as possible"

  • US strikes Houthi weapons’ systems in latest attack

    According to a statement from CENTCOM, the five strikes included targeting "the first observed Huthi employment of a UUV (unmanned...

    Maritime security firm Ambrey said a cargo vessel came under attack on Sunday.

    The Houthi attacks have raised insurance premiums for shipping companies

  • Prospects dim for truce as Israel rejects calls to spare Rafah

    Mediator Qatar acknowledged that separate ceasefire talks had also hit an impasse after Israeli Prime Minister Benjamin Netanyahu rejected some...

    A total of 127 people died in 24 hours, Hamas-run Gaza's health ministry said, as the main battlefront edged closer to far-southern Rafah

    Israel's top ally the United States signalled it would veto the latest push for a UN Security Council resolution demanding an immediate ceasefire

  • Israeli forces kill two Palestinians in West Bank raid

    Two Palestinian men, including one member of an armed group, were killed in an Israeli raid, in the latest surge...

    The deaths came with international concern mounting about unrest in the West Bank since Hamas's October 7 attack on Israel.

    At least five other people were wounded in the Israeli military operation, according to the Palestinian Red Crescent.

  • West Bank situation an obstacle between Israel-Palestine peace, says EU

    EU foreign policy chief Josep Borrell said the situation in the Israel-occupied West Bank posed a major obstacle to finding...

    Around 490,000 Israelis live in the West Bank, which Israel has occupied since 1967, in dozens of settlements that are deemed illegal under international law.

    The settlers live alongside around three million Palestinians in the territory.

  • ‘Hitler did it to Jews’: Lula accuses Israel of ‘genocide’ in Gaza

    Brazilian President Luiz Inacio Lula da Silva accused Israel of committing "genocide" against Palestinians in the Gaza Strip and compared...

    They were among the strongest comments yet on the Israel-Hamas conflict from the Brazilian President.

    Brazil currently holds the rotating presidency of the G20.

  • Thousands take part in pro-Palestinian march in London as police arrest 12

    London, United Kingdom--Tens of thousands of pro-Palestinian protesters marched in London on Saturday, with police making 12 arrests for alleged offences...

    Holding banners that said "ceasefire now", the demonstrators chanted "free Palestine" as they gathered at Park Lane

    The city's Metropolitan Police said 12 people had been arrested, including two for displaying anti-Semitic placards

  • US threatens to block new UN Security Council vote on Gaza

    Algeria has requested a UN Security Council vote on Tuesday, but Washington signaled it is likely to veto the measure....

    Algeria worked on a new draft after the ICJ ruled that Israel must prevent genocidal acts in Gaza war

    Security Council has adopted just two resolutions on Gaza since October 7