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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%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.
  • US vetoes UN resolution seeking ‘humanitarian pause’ in Gaza conflict

    "The United States is disappointed this resolution made no mention of Israel's rights of self-defense," US Ambassador to the UN...

    Twelve out of 15 Council members voted in favor of the resolution put forward by Brazil and negotiated over several days.

    The United States was the only vote against, but as one of the body's five permanent members its vote counts as a veto.

  • French left alliance on verge of collapse over Gaza conflict row

    The Socialist Party (PS) -- a heavyweight party of government just a few years ago but now a rump of...

    Its board accused LFI of "constantly stoking conflict" within the alliance, after former presidential candidate Jean-Luc Melenchon refused to call Hamas's Israel assault terrorism.

    Socialist Party leader Olivier Faure "is breaking up NUPES" over "a personal issue with me about Israel (and) Palestine," Melenchon wrote on X, formerly Twitter.

  • US authorizes non-essential embassy staff to leave Lebanon

    Following Hezbollah's call, hundreds of demonstrators scuffled Tuesday night with Lebanese security forces outside the US embassy in the Beirut...

    US State Department raised its travel advisory for Lebanon from level three, issued in July, to the highest available level four

    Britain's foreign office has told its nationals in Lebanon to "consider whether you need to remain and, if not, leave by commercial means

  • China’s Xi announces over $100 billion in new Belt and Road funding

    Beijing has been forced to hand out billions of dollars in bailout loans to BRI countries in recent years to...

    The Belt and Road is a central pillar of Xi's bid to expand China's clout overseas, with Beijing saying it has now inked over two trillion dollars in contracts around the world

    Xi announced on Wednesday that key Belt and Road lenders the China Development Bank and the Export-Import Bank will now offer an additional $100 billion in loans

  • US orders 2,000 more troops to be ready to deploy to Middle East: report

    Washington, United States - The US Defense Secretary Lloyd J. Austin III has ordered the preparation of approximately 2,000 additional...

    These troops, currently stationed in the United States and Europe, may not serve in combat roles but would offer advice and medical support to Israeli forces

    While the final decision on deployment has not been made, increasing the troops' readiness enhances the Pentagon’s ability to respond swiftly to the evolving security situation

  • UN chief slams ‘collective punishment’ of Palestinians

    Antonio Guterres, speaking at an economic forum in China, condemned the October 7 Hamas attacks on Israel that killed more...

    Guterres appealed for an "immediate humanitarian ceasefire" in the war between Israel and Hamas in Gaza

    He called on Hamas for the "immediate and unconditional release of hostages" taken during Hamas's assault

  • Outrage, condemnation over deadly Gaza hospital strike as Russia, UAE call for UNSC meeting

    The 57-member Organisation of Islamic Cooperation denounces Israel's backers for granting the country "impunity in its war in Gaza, taking...

     The OIC Secretary-General held the Israeli occupation fully responsible for the consequences of its "crimes" and "terrorist practices"

    GCC statement said that targeting the hospital is glaring evidence of the serious violations by the Israeli occupation forces who do not recognize international conventions

  • Neighboring nations fear repercussions of Gaza conflict

    As Israel advises around 1.1 million residents of northern Gaza Strip to evacuate, concerns grow about the potential ripple effects...

    With Israel advising a significant portion of Gaza's population to evacuate, the potential repercussions on neighboring Lebanon, Jordan and Egypt are being gauged

    As the situation unfolds amid the Middle Eastern conflict, the strategies and stances of key players, including Lebanese Hizbollah and Hamas, come to the forefront

  • Emirati investments in Turkey reach $5.6 billion in 2022

    ABU DHABI, UAE – Ahmet Burak Daglioglu, Head of the Investment Office of the Turkish Presidency, said that the cumulative...

    UAE currently stands as Turkey's 13th largest trade partner for exports and the 15th largest for imports.

    From 2014 to 2022, the total foreign direct investment from Turkey to the UAE amounted to approximately $1.1 billion

  • Markets fall as Biden set for Middle East diplomacy drive

    US and European stock markets mostly fell and oil prices rose as US President Joe Biden prepared for a trip...

    Wall Street opened in the red, with the tech-heavy Nasdaq shedding more than one percent, while Frankfurt and Paris fell 0.6 percent afternoon deal.

    "Understandably, not many people are in the mood to put their hard-earned cash at risk in these uncertain economic times," said an expert.