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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%.
  • Bahrain prison inmates suspend strike after 36 days

    According to some activists at least 800 inmates joined the strike, the biggest in Bahrain's history. But Bahraini authorities said...

    The strike was suspended on Monday, after a meeting between jail officials and a group of prisoners

    The prisoners can now have extra family visits and some inmates have been released from solitary confinement

  • Red Cross warns death toll may surge as 10,000 missing in Libya floods

    The death toll from freak floods in eastern Libya is expected to soar dramatically, with 10,000 people reported missing, the...

    World Health Organization spokeswoman Margaret Harris meanwhile described the situation in Libya as "a calamity of epic proportions".

    In eastern Libya, the storm hit the coastal town of Jabal al-Akhdar especially hard, as well as Benghazi, where a curfew was declared.

  • WTO says era of de-globalization is closer than it appears

    Geneva, Switzerland - The de-globalization of international trade is far from being a reality, but "the first signs of fragmentation" are...

    After this phase of slowing globalization, the question is "whether we are moving towards a phase of deglobalization", said WTO official Ralph Ossa.

    "We're quite far away from deglobalizing, but at the same time, you start seeing... the first cracks in the system," the WTO official said.

  • Iraq asks Sweden to extradite accused in Quran burning incident

    STOCKHOLM, SWEDEN - Baghdad has asked Sweden to extradite Iraqi refugee Salwan Momika, who stoked international outrage by desecrating the Quran,...

    The Swedish government has condemned the desecrations of the Quran but upheld the country's laws regarding freedom of speech and assembly.

    The accused in the Quran burning incident said that Iraq was seeking his extradition to try him according to Islamic law.

  • Normalization of Israeli-Saudi ties hit Palestine, security barriers

    Despite Israel's strong determination and increasing US mediation efforts, the establishment of diplomatic relations between Tel Aviv-Riyadh still face serious...

    The Chinese-mediated restoration of diplomatic ties between Saudi Arabia and Iran served as a catalyst for US efforts to advance Tel Aviv-Riyadh ties.

    For Israel, the normalization of relations with Arab countries has remained an important strategic goal for years.

  • A third of the global population still without internet: UN study

    Around 100 million more people are able to access the internet since last year's census by the International Telecommunication Union...

    That means 67 percent of the world's population, or 5.4 billion people, are now online. However, the other 2.6 billion people are still without access.

    With the developed world already online, the biggest growth areas for connectivity are in low-income countries.

  • WFP warns fund cuts could push 24m people to brink of starvation

    Geneva, Switzerland - The World Food Program said Tuesday that shrinking funding was forcing it to drastically slash rations in many...

    WFP said it had been struggling to meet growing global needs for food assistance while facing a funding shortfall of over 60 percent this year.

    WFP estimates that 345 million people worldwide are facing acute food insecurity, at level three or higher on the UN's five-scale food insecurity classification.

  • Building less, repurposing more key to low construction sector emissions

    The industry is responsible for 37 percent of global carbon dioxide emissions and growing urbanization is spurring the construction of...

    Mushrooming urban environments -- which add new buildings in an area equivalent in size to Paris every five days -- damage life-sustaining ecosystems.

    Building less and repurposing existing structures generates 50-75 percent fewer emissions than new constructions, a report said.

  • Red Cross seeks over $100m aid for quake-hit Morocco

    GENEVA, SWITZERLAND - The Red Cross appealed on Tuesday for more than $100 million to provide desperately needed assistance in Morocco,...

    The Red Cross said the funds were needed for "health, water, sanitation and hygiene, shelter relief items and basic needs".

    Search and rescue teams from Morocco and abroad continued to dig through the rubble of homes, hoping for signs of life.

  • Oslo Accords promise turned into ‘destroyed dreams’ in Gaza

    Oslo Accords were meant to lead to a free Palestine, but years of stalled negotiations and violence have left any...

    Unemployment is rife with about 70 percent of young people without a job in Gaza, where residents regularly suffer power cuts and inadequate access to clean water

    Daily struggles in the impoverished territory have been exacerbated by a crippling Israeli-led blockade since Hamas Islamists took control in 2007, two years after Israel withdrew