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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%.
  • Biden, Xi set for high-stakes summit

    San Francisco, US - US President Joe Biden and Chinese President Xi Jinping will try to prevent the superpowers' rivalry spilling...

    With tensions soaring over issues including Taiwan, sanctions and trade, the leaders of the world's largest economies are expected to hold at least three hours

    The 80-year-old Biden held out an olive branch to Xi, 70, on the eve of the talks, insisting that the United States was "not trying to decouple from China"

  • Erdogan calls Israel a ‘terror state’ before his Germany visit

    ANKARA, TURKEY - Turkish President Recep Tayyip Erdogan on Wednesday called Israel a "terror state", stepping up his condemnation of the...

    The Turkish leader took a more nuanced line immediately after Hamas's October 7 cross-border attacks.

    Health officials in the Hamas-run territory say more than 11,300 people, also mostly civilians, have been killed in Gaza.

  • UN appalled by Israeli military raid on Gaza’s Al Shifa hospital

    UNICEF's executive director Catherine Russell, on a rare visit to the Palestinian territory by a top UN official, said she...

    Just hours after receiving its first wartime delivery of fuel from outside Gaza, the UN warned Wednesday its operations in the territory were facing collapse.

    Canadian Prime Minister Justin Trudeau has said the killing "of women, of children, of babies" in the Israel-Hamas war must stop.

  • US renews waiver allowing Iraq to buy Iranian gas

    Due to US sanctions against Iran, Baghdad cannot pay Tehran directly for its gas. Baghdad's unpaid bills to Tehran for...

    A US official said Iraq can use its own funds to "render payment for Iranian electricity imports into restricted Iranian accounts in Iraq"

    In order to force Baghdad to pay its arrears, Tehran regularly suspends its gas supplies, which are essential for Iraq's power stations

  • US wants war between Israel and Hamas contained: Pentagon official

    Washington, United States - United States wants to see the war between Israel and Hamas contained to Gaza and not...

    As of today, "we have not seen this war spill over into other neighboring countries and into the region," Sabrina Singh said

    However, Iranian-backed groups in Syria and Iraq have continued attacks on US troops engaged in the defeat-ISIS mission, she added

  • Israeli troops storm Gaza City’s Al-Shifa hospital

    Israel has repeatedly claimed that Hamas uses the hospital as cover for a command post and weapons stores, a claim...

    Israel said its troops were carrying out "a precise and targeted operation against Hamas"

    Hamas has accused US President Joe Biden of being responsible for the Israeli assault on Al-Shifa

  • Israeli army kills eight Palestinians in occupied West Bank

    The Israeli army said its forces conducted "counterterrorism activities" in the city, during which "engineering vehicles uncovered explosive devices planted...

    Seven Palestinians were killed during an Israeli military raid on the northern city of Tulkarem, the health ministry and a local hospital said

    In a separate incident near the southern West Bank city Hebron, a 20-year-old Palestinian was killed by "occupation bullets", the Palestinian health ministry said

  • 179 Palestinians buried in ‘mass grave’ at Gaza hospital complex

    A journalist inside the hospital who is collaborating with AFP said the stench of decomposing bodies was everywhere in the...

    "We were forced to bury them in a mass grave," said Al-Shifa hospital director Mohammad Abu Salmiyah

    "There are bodies littered in the hospital complex and there is no longer electricity at the morgues," he said.

  • Israel army seizes Gaza parliament, other government buildings

    Military units "took over the Hamas parliament, the government building, the Hamas police headquarters and an engineering faculty that served...

    The army said the institutions have been "used for training in preparation for the attack on Israel" on October 7.

    Israel has heavily bombed and invaded the densely populated Gaza Strip, killing more than 11,200 and displacing hundreds of thousands of people.

  • Qatar, UAE condemn Israeli attack on Gaza committee building

    Doha, Qatar -- Qatar has strongly condemned the Israeli shelling of the Qatar Committee for the Reconstruction of Gaza's headquarters,...

    The incident, viewed as an extension of the occupation's pattern of targeting civilians and civilian infrastructure, has sparked international outrage, Qatar said.

    The United Arab Emirates (UAE) joined Qatar in denouncing the attack and emphasized the immediate need for a ceasefire.