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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 faces shortage of flour due to Israel-Hamas war

    KHAN YUNIS, PALESTINIAN TERRITORIES - One of the last grain warehouses in the Gaza Strip has been damaged by Israeli strikes...

    Of the five flour mills in the densely populated Palestinian territory, at least two have been hit since the war began on October 7.

    Humanitarian aid arriving via Egypt has done little to remedy the shortages, made worse by power cuts and a lack of fuel for generators.

  • 24 die at Gaza hospital due to power outages caused by Israeli siege

    The announcement came shortly after Israel agreed to a US request to allow two fuel trucks a day into Gaza,...

    The UNRWA earlier said its aid trucks were unable to enter Gaza from Egypt for a second straight day due to the lack of fuel and a near-total communications blackout.

    More than half of Gaza's hospitals are no longer functional, and Israel's raid on Al-Shifa left extensive damage to the radiology, burns and dialysis units.

  • $5.8bn worth deals signed in first four days of Dubai Airshow 2023

    DUBAI, UAE – Tawazun Council signed 16 deals, worth US$1.3 billion (AED 4.87 billion), with local and international companies on...

    The first day saw announcement of contracts worth US$1.2 billion and the second day US$1.8 billion

    The total value of contracts announced on third day stood at US$1.3 billion

  • Sudan armed conflict expanding to other regions, warns UN

    Despite the difficulties, some 4.1 million people have received humanitarian aid in the last seven months -- but that amounts...

    The deadly unrest in Sudan includes outbreaks of interethnic violence and attacks against women, according to the global body

    UN assistant secretary-general for Africa expressed alarm over the deteriorating crisis in a Security Council meeting

  • US concerned over hospital strikes after Jordan’s Gaza facility hit

    Washington, which provides significant military aid to Israel, has given unwavering support to its top Middle East ally since the...

    Blinken spoke by telephone with Jordanian Foreign Minister "to share his deep concern for the Jordanian medical personnel injured outside Jordanian field hospital in Gaza"

    Antony Blinken, who was attending an Asia-Pacific summit in San Francisco, "reiterated that civilians and medical personnel at hospitals must be protected," a statement said

  • Gaza and Ukraine: Two sides of the Western bias

    The US President Joe Biden's recent statements on the ongoing Gaza conflict, especially his assertions about Hamas' headquarters and the...

    US President Joe Biden's recent press conference highlights differing narratives on conflicts in Ukraine and Gaza, writes Shakir Husain.

    Western support for Israel's actions in Gaza underscores a shift from observers to participants in Middle Eastern conflicts, he adds.

  • Israel strikes hit near Damascus: Syrian state media

    Israel has targeted Syria several times in the past weeks as regional tensions simmer over the Israel-Hamas war in the...

    Syrian Observatory for Human Rights group said the strikes targeted sites belonging to the powerful Lebanese Hezbollah group

    Israeli strikes last month put Syria's two main airports in Damascus and Aleppo out of service several times over two weeks

  • UN chiefs reject unilateral proposals to create ‘safe zones’ in Gaza

    Geneva, Switzerland - The heads of numerous United Nations agencies and other humanitarian organizations said on Thursday they would not take...

    The officials said they "will not participate in the establishment of any 'safe zone' in Gaza that is set up without the agreement of all the parties".

    They added that proposals to unilaterally create 'safe zones' in Gaza risk creating harm for civilians, including large-scale loss of life.

  • UAE defense ministry orders 100 REACH-S unmanned aircraft from EDGE

    DUBAI, UAE - EDGE, one of the world's leading advanced technology and defense groups, announced its first major order from...

    ADASI, an EDGE entity which designs and develops autonomous systems, will oversee the production and deliver the contract to the UAE Armed Forces.

    The REACH-S will provide the UAE Armed Forces with a cost-effective, 24-hour intelligence, surveillance and reconnaissance (ISR) capability.

  • EU chief asks Israel not to be consumed by rage in Gaza

    Kibbutz Beeri, Israel - EU foreign policy chief Josep Borrell on Thursday called for Gaza hostages to be immediately freed, but...

    Speaking at Kibbutz Beeri, whose leaders reported around 85 people killed and around 30 taken prisoner by Hamas, Borrell said "Israel has to be defended".

    Israel has bombarded targets in Gaza and sent in ground troops against Hamas, killing more than 11,500 people, local Hamas government said