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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%.
  • Spain to increase UNRWA funding after donors suspend aid

    MADRID, SPAIN -  Spain said on Monday that it would give an additional US$$3.8 million (3.5 million euros) in aid to...

    Over a dozen countries, including the US, Germany, Britain and Sweden, have suspended their funding to UNRWA.

    There are accusations that 12 UNRWA staff members were involved in the October 7 attacks in Israel by Hamas.

  • Investment in Qatar free zones reaches US$1.3bn, says QFZ chairman 

    DOHA, QATAR - Minister of State and Chairman of Qatar Free Zones Authority (QFZ) Dr. Ahmad bin Mohammed Al Sayed...

    The QFZ chairman held a meeting with a delegation led by First Vice-Chairman of Qatar Chamber Mohamed bin Ahmed bin Twar Al Kuwari.

    The delegation paid a field tour to the Ras Bufontas Free Zone to explore the investment benefits and business opportunities within the free zones.

  • Gaza situation ‘indescribable’ as Blinken starts another Mideast tour

    On his fifth trip to the region since the war broke out, Blinken will visit Saudi Arabia, Israel and mediators...

    At least 128 people were killed in Israeli strikes overnight to Monday, according to the health ministry in the Hamas-ruled territory.

    UN chief Antonio Guterres announced the creation of a panel to assess UNRWA and "whether the agency is doing everything within its power to ensure neutrality".

  • Saudi, UAE ‘prior’ countries for Russia’s inbound tourism push

    Moscow, Russia -- China, India, Iran, the United Arab Emirates (UAE) and Saudi Arabia will become prior countries for Russia...

    In 2024, attention will be given to five prior countries: China, India, Iran, the UAE, Saudi Arabia, said Director General of the Center for Strategic Research Pavel Smelov.

    "It is expected that by 2030 the implementation of the concept presented will result in the annual flow of 16 million foreign tourists," he said.

  • Iran starts construction on new 10MW nuclear research reactor

    Tehran, Iran -- Iran said Monday it had started building a new nuclear research reactor in Isfahan, days after it announced...

    The new 10-megawatt research reactor is being constructed to create a powerful neutron source, IRNA said.

    It would have a variety of applications, including fuel and nuclear material tests and the production of industrial radioisotopes and radiopharmaceuticals, it said.

  • Boeing spots new ‘problems’ in 737

    The fuselage problems could slow down deliveries.

    Boeing Commercial Airplanes chief executive Stan Deal said, "This past Thursday, a supplier notified us of a non-conformance in some 737 fuselages"

    Deal said employees offered suggestions on more than 1,000 improvements since a series of training events following the January 5 incident

  • EU adopts cavalier approach in its desire for primacy

    For EU leaders, it is their way or the highway as the wealthy, powerful bloc seeks to tame opposition and...

    Some reports say that Brussels had made a "confidential plan" to ruin Hungary's economy, shatter investor confidence, destroy its currency

    When non-Western countries accuse the West about their unfair trade sanctions, Western pundits dismiss the accusations as conspiracy theories

  • Russian president to make ‘imminent’ visit to Turkey

    Turkey's President Recep Tayyip Erdogan has managed to maintain trade and political relations with both Ukraine and Russia, allowing Russia...

    Turkey's media have mentioned February 12 as a likely date of Putin's visit

    The war in Gaza, energy, Black Sea trade routes and Syria will likely be discussed

  • Blinken to arrive in Middle East to press for truce

    The US secretary of state is expected to discuss a proposed truce hammered out in a Paris meeting in January...

    The US top diplomat is expected to visit Saudi Arabia, Israel, Egypt and Qatar

    He stressed the need for urgently addressing humanitarian needs in Gaza

  • UNRWA plays key role in regional security, stability

    The UAE's top diplomat reiterated the UAE's steadfast support for UNRWA, emphasizing that in light of current challenges, sustaining its...

    UAE commits to continuous support for UNRWA, highlighting the agency's role in humanitarian relief.

    The country stresses the need for a lasting ceasefire to protect civilians and support Palestinian people.