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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%.
  • Iran opposes Lebanese govt’s decision to disarm Hezbollah: Khamenei adviser

    Iran opposes the Lebanese government's decision to disarm the Tehran-backed militant group Hezbollah, a senior adviser to supreme leader Ayatollah...

    "The Islamic Republic of Iran is certainly opposed to the disarmament of Hezbollah," international affairs adviser Ali Akbar Velayati said

    The Lebanese cabinet on Tuesday authorised the army to draw up a plan to establish the state's exclusive control over weapons

  • Armenia and Azerbaijan commit to a lasting peace after decades of conflict at summit with Trump

    The two former Soviet republics "are committing to stop all fighting forever, open up commerce, travel and diplomatic relations and...

    Armenian Prime Minister Nikol Pashinyan and Azerbaijan's longtime President Ilham Aliyev said Trump's mediation should earn him a Nobel Peace Prize

    The two former Soviet republics "are committing to stop all fighting forever, open up commerce, travel and diplomatic relations and respect each other's sovereignty."

  • Putin-Trump summit to meet on Friday on Ukraine: what we know so far

    On his Truth Social site on Friday, Trump announced that his meeting with Putin would be held in the far-north...

    Trump has spent his first months in office trying to broker peace but multiple rounds of peace talks, phone calls and diplomatic visits have failed to yield a breakthrough

    On his Truth Social site on Friday, Trump announced that his meeting with Putin would be held in the far-north US state of Alaska on August 15, later confirmed by the Kremlin

  • Israel plans to ‘take control’ of Gaza City, sparking wave of criticism

    European Council chief Antonio Costa warned "such a decision must have consequences" for EU-Israel ties, while Germany said it was...

    China, Turkey, Britain and the UN's rights chief as well as numerous Arab governments issuing statements of concern.

    Israeli opposition leader Yair Lapid denounced the cabinet's move as "a disaster" that could result in "the death of the hostages.

  • Netanyahu’s Gaza plan: Hamas accuses Israel PM of sacrificing hostages for personal interest

    "Netanyahu's plans to escalate the aggression confirm beyond any doubt his desire to get rid of the captives and sacrifice...

    "Netanyahu's plans to escalate the aggression confirm beyond any doubt his desire to get rid of the captives and sacrifice them in pursuit of his personal interests. Hamas said

    The statement was issued as Netanyahu was convening his security cabinet to vote on an expansion of the military campaign in Gaza

  • Trump to host Armenia, Azerbaijan for historic ‘Peace Signing’ Friday

    US President Donald Trump announced he will host the leaders of Armenia and Azerbaijan on Friday for what he called...

    Armenian Prime Minister Nikol Pashinyan and President Ilham Aliyev of Azerbaijan "will join me at the White House for an official Peace Signing Ceremony," Trump said Thursday

    Baku and Yerevan, sworn enemies for decades, went to war twice over the disputed Karabakh region, which Azerbaijan recaptured from Armenian forces in a lightning 2023 offensive

  • A day after Hezbollah’s rebuff, Lebanon cabinet meets again on the group’s disarmament

    With Washington pressing Lebanon to take action on the matter, US envoy Tom Barrack has made several visits to Beirut...

    With Washington pressing Lebanon to take action on the matter, US envoy Tom Barrack has made several visits to Beirut in recent weeks

    Prime Minister Nawaf Salam said Tuesday that the government had tasked the military with developing a plan to restrict arms to state forces by the end of 2025.

  • Turkey, Senegal discuss defence industry, security cooperation

    Turkey's President Recep Tayyip Erdogan said he discussed defence and security cooperation with Senegal's visiting prime minister Ousmane Sonko on...

    "Today we discussed joint steps that we can take in the areas of security, the defence industry and the fight against terrorism," Erdogan told a televised press conference

    "We are pleased with the growing interest of our African brothers in Turkish defence products. We look forward to further strengthening our solidarity," he said.

  • Israel seeks full control of Gaza, won’t keep or govern it: Netanyahu

    "We want to hand it over to Arab forces that will govern it properly without threatening us and giving Gazans...

    Fox News said the interview occurred just before Netanyahu was to attend a security cabinet meeting on Gaza war plans.

    Netanyahu is expected to seek approval at the meeting for an expansion of military operations, including in densely populated areas where hostages are believed to be held.

  • Trump announces 100% chip tariff, pressuring Asian producers

    The US president unveiled the levy at the White House on Wednesday ahead of the imposition of sweeping tariffs on...

    shares in Taiwan's TSMC -- world's largest contract maker of chips -- soared nearly 5% after the government said the company will not be affected.

    Trump has previously accused Taiwan of having stolen the US chip industry, and earlier this year, TSMC unveiled a plan to invest an extra $100 billion in the United States.