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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%.
  • Israel reportedly pulls support for Saudi bid to host Expo 2030, to back Italy

    Tel Aviv, Israel - Israel has reportedly withdrawn its support for Saudi Arabia’s bid to host the Expo 2030. The...

    Israel had previously signaled its backing for Saudi Arabia as talks mediated by the US aimed at normalizing relations between the two nations gained momentum

    Riyadh’s alignment with the broader Arab community in condemning Israel's military operation in Gaza sparked a rift, prompting Israel to reconsider its support

  • Eleven more Gaza hostages released as Israel-Hamas truce extended

    Shortly after the arrival of the hostages was confirmed, Israel's prison authority said 33 Palestinian civilians had been released. The...

    Hamas announced the agreement to prolong the truce by 48 hours shortly before it was due to end Tuesday

    Qatar, with the US and Egypt has been engaged in intense negotiations to establish and prolong the truce in Gaza

  • Abu Dhabi’s EWEC opens Q4 2023 Clean Energy Certificates auction

    ABU DHABI, UAE - Emirates Water and Electricity Company (EWEC) on Monday announced that it will conduct its Q4 2023...

    CECs are the only accredited instruments in the Emirate that prove the environmental and economic benefits of consuming clean energy.

    Issued in units of 1MWh, each CEC certifies that the electricity consumed by the entity originates from a clean energy source.

  • Israel says truce extension with Hamas a possibility

    The terms of the truce agreement pausing the fighting in the Gaza Strip say it can be extended beyond its...

    Hamas has signaled its willingness to extend the truce, with reports that the group had informed mediators they were open to prolonging it by "two to four days".

    An Egyptian security source said that there was disagreement between the two sides on the mechanism of the extension.

  • COP28 host UAE braces for rising heat risk, targets carbon neutrality

    As global temperatures tick higher, with this year on course to be the hottest on record, the UAE is changing...

    The UAE's scorching summers, when many flee for cooler climes and the streets empty, look set to worsen due to climate change, various studies show

    The region's extreme heat and high humidity are a dangerous mix as in such conditions the human body struggles to cool itself by evaporating sweat on the skin

  • Palestinian family in Lebanon grieves for 12 dead Gaza relatives

    Beirut, Lebanon -- From Lebanon, Palestinian Fatima al-Ashwah has been praying for relatives in Gaza, but received grim news that...

    Earlier this month, Ashwah, 61, had expressed grave fear for the safety of about 70 extended family members in Gaza.

    Israeli bombing killed around 12 of them days before a temporary truce between Israel and Hamas.

  • EDB commits US$350m for renewable energy projects in developing countries

    ABU DHABI, UAE - Emirates Development Bank (EDB) has committed US$350 million (AED 1.3 billion) to support the Energy Transition Accelerator...

    The ETAF platform is a global climate finance facility established by the International Renewable Energy Agency (IRENA).

    The announcement was made during the signing of a collaborative partnership agreement between EDB and IRENA.

  • US police look into ‘hate crime’ after Palestinian students shot

    The shooter, who is still on the loose, was described by police as "a white man with a handgun." The...

    A police statement said two of the victims were in stable condition, and the third suffered "much more serious injuries"

    Bernie Sanders, the independent Vermont senator, called the attack "shocking and deeply upsetting"

  • China FM to visit New York for UN talks on Israel-Hamas conflict

    Beijing, China--China's top diplomat Wang Yi will visit New York this week to hold a United Nations Security Council meeting on...

    China, according to its foreign ministry, will hold a high-level meeting on the Palestinian-Israeli issue on November 29

    Beijing welcomed a truce between Israel-Hamas, which began Friday and led to dozens of hostages being freed

  • Tens of thousands of Moroccans in pro-Palestinian demo

    The fledgling rapprochement between the North African country and Israel had made steady progress since 2020 when the two governments...

    Journalist reported Sunday that demonstrators in Casablanca waved Palestinian flags and demanded that Rabat suspend ties with Israel

    Pro-Palestinian demonstrations had declined in recent years in Morocco, but have surged since the Gaza war broke out