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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 State Department says 60,000 emails taken in alleged Chinese hack

    State Department spokesman Matthew Miller said that the State Department has not formally assigned blame but had no reason to...

    Microsoft revealed in July that a Chinese hacking group had breached its email platform and accessed messages from around 25 organizations including US government agencies

    "It was approximately 60,000 unclassified emails that were exfiltrated as a part of that breach," State Department spokesman Matthew Miller told reporters

  • US and India discuss India-Middle East-Europe Economic Corridor

    Washington, United States - US Secretary of State Antony Blinken and India’s External Affairs Minister S Jaishankar held discussions in...

    The corridor comprises two separate routes: the East corridor connecting India to West Asia/Middle East and the Northern corridor connecting West Asia/Middle East to Europe

    A critical component of this initiative is a rail line that, upon completion, will establish a reliable and cost-effective cross-border ship-to-rail transit network

  • East Libya strongman in Moscow talks with Putin

    Haftar, who sponsors a rival administration to Libya's UN-backed government in Tripoli, has long cultivated close relations with Moscow and relies...

    Kremlin spokesman Dmitry Peskov confirmed Haftar's meeting with Putin, saying the two discussed the situation in Libya and the region as a whole

    The eastern strongman, who arrived in Moscow on Tuesday, had already held talks with Deputy Defense Minister Yunus-Bek Yevkurov during his visit

  • China wants to be world’s strongest nation, says Blinken

    WASHINGTON, US  - China is seeking to surpass the United States as the top power in the world, US Secretary of...

    Asked at a forum about China's intentions, Blinken said, "I think that what it seeks is to be the dominant power in the world -- militarily, economically, diplomatically".

    President Joe Biden's administration, while saying it is clear-eyed on China and stepping up pressure, has also been increasing dialogue in hopes of managing tensions.

  • UAE Council review cybersecurity in Jordan summit

    Amman, Jordan - The UAE Cyber Security Council discussed cybersecurity in the inaugural Jordan Cyber Security Summit 2023, known as...

    The DOT Cyber Summit 2023 explored issues related to cyber policies and strategies, international issues related to cyber risks and threats faced by countries.

    This includes mechanisms for addressing and combating their spread, and reviewing the experiences of countries and their progress in the field of cyber security.

  • EU close to ratify new deal on asylum seeker and migrants

    Part of the aim of the revised policy is for European Union countries to act together should they be faced...

    Once implemented, the new Pact on Migration and Asylum would seek to relieve the pressure on so-called frontline countries such as Italy and Greece.

    Those countries opposed to hosting asylum-seekers -- Poland and Hungary among them -- would be required to pay the ones that do take migrants in.

  • UAE, Egypt central banks ink currency swap deal

    ABU DHABI, UAE - The Central Bank of the UAE (CBUAE) and the Central Bank of Egypt (CBE) on Thursday...

    The CBUAE is keen to deepen its cooperation with the CBE to positively impact the trade and investment, said the Governor of UAE’s central bank.

    This step will bolster cooperation between the financial sectors in both the currencies, said the Governor of Egypt’s central bank.

  • Israel sells Arrow 3 missile defense system to Germany for US$3.5bn

    TEL AVIV, ISRAEL - Israel's US$3.5-billion sale of its Arrow 3 missile defense system to Germany, sparked by security fears after...

    Israeli arms exports reached a new record of $12.5 billion dollars last year, double the amount from three years earlier, says its defense ministry.

    Israel, together with its top ally the United States, has developed hi-tech systems designed to knock incoming rockets and missiles out of the sky.

  • Israel top court hears appeals against rules for removing prime minister

    Israel's top court debated appeals against a law restricting how a prime minister can be removed from office, as current...

    The legislation says that a prime minister can be declared unfit for office due to health reasons.

    The law says a two-thirds majority in cabinet is required to take such a step, before the move is approved by at least 80 of the parliament's 120 members.

  • US allows visa free entry for Israelis citing less discrimination

    The Biden administration made the decision after Israel in July promised a series of steps to comply with longstanding US...

    By the end of November, Israelis will be in the same league as citizens of most Western nations by not needing visas for trips of 90 days or less to the world's largest economy

    A number of lawmakers from Biden's own Democratic Party had urged Blinken not to go ahead before a Saturday deadline and instead exert pressure for greater change.