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Boeing to cut 10% of workforce

The company has projected a large third-quarter loss.

AviLease acquires 9 aircraft from Avolon

AviLease had purchased 13 aircraft from Avolon in 2023.

ADNOC L&S to pay $136.5m dividend

This is equivalent to 6.78 fils per share, the company said.

‘TAQA’ prices $1.75bn dual tranche

The 12-year senior unsecured notes are sized $850m.

Samsung says planning job cuts

The layoffs could affect about 10 percent of the workforce.
  • Xi hails Middle East thaw in call with Saudi crown prince

    In his first comments on the matter to be made public since the deal was struck, Xi said the dialogue...

    Beijing brokered an agreement between Tehran and Riyadh on March 10 to restore diplomatic ties following a seven-year freeze

    Long bitter rivals, Iran and Saudi Arabia have engaged in a series of proxy conflicts in the region, such as the protracted fighting in Yemen

  • Binance, crypto firm, hit with US charges for violating trade rules

    The charge sheet accuses Binance of failing to uphold standards that are required of a company operating as a derivatives...

    CFTC chairman said the charges against Binance were part of a campaign to find and stop misconduct in the volatile and risky digital asset market

    The allegations targeted Binance founder Changpeng Zhao, also known by his Twitter handle CZ, and three entities that make up his crypto empire

  • Scotland’s first Muslim leader’s rise underlines ‘new norm’ in UK

    The newly-elected head of the Scottish National Party (SNP) joins the growing ranks of leaders from Britain's old imperial possessions...

    One of the new SNP leader's chief adversaries in the Edinburgh parliament will be Scottish Labour leader Anas Sarwar, who is also of Pakistani heritage.

    Chancellor of the Exchequer Jeremy Hunt is now the only white holder of one of the four "great offices of state" in British politics.

  • Israel PM caves in, pauses judicial reform that split nation

    Lawmakers were scheduled to vote this week on a central part of the proposals, which would change the way judges...

    After nearly three months of increasing tensions, the legislation will now be considered further in the next session of parliament, which begins in the second half of April

    The judicial proposals have sparked concern from Israel's allies, including the US, who welcomed Netanyahu's pause as an opportunity to create time to compromise

  • Saudi bus crash kills 20 pilgrims on way to Mecca: state media

    Riyadh, Saudi Arabia--A bus ferrying pilgrims to the holy city of Mecca burst into flames after a collision on a bridge...

    According to state media the bus was carrying pilgrims to the holy city of Mecca when it burst into flames after a collision on a bridge

    Al-Ekhbariya channel reported that the victims had "different nationalities" but did not mention them or provide a breakdown

  • Tunisia appeals to Europe for ‘more understanding’

    Calling for "constructive discourse" from the European Union after many leaders warned the country is facing a crisis that could...

    The minister said that his country depends on its own resources, and on the economic support of its partners, including the EU

    EU economy commissioner said that the visit gave him a chance to reaffirm EU's attachment to the values of democracy

  • ‘Hotel Rwanda’ hero arrives in Qatar after release from jail: diplomats

    Rusesabagina was released late Friday after 938 days in prison under an accord, mediated by Qatar, between the US government...

    The 68-year-old, whose 25-year jail term was commuted by President Paul Kagame, was to undergo medical checks before flying to the United States on Wednesday

    Rusesabagina was a hotel manager who helped save hundreds of lives during the 1994 genocide and his story was turned into "Hotel Rwanda" featuring Don Cheadle

  • Biden bans government use of spyware like Pegasus

    The White House said commercial spyware poses a distinct intelligence threat to the United States and has been found on...

    Biden's order was not a full ban on commercial spyware, but would apply to any program deemed a US security risk, or that is used for political abuse by other governments.

    It also did not restrict spyware developed by US government agencies themselves, like the CIA or National Security Agency, the leading electronic intelligence body.

  • Criminals set to use ChatGPT for fraud, other cybercrimes: Europol

    Created by US startup OpenAI, ChatGPT appeared in November and was quickly seized upon by users amazed at its ability...

    Europol said the criminals may use phishing, disinformation and malware to do more online frauds.

    ChatGPT can also be used to write computer code, especially for non-technically minded criminals. the agency said.

  • Israel president says judicial reform must stop ‘immediately’

    The government argues the changes are needed to rebalance powers between lawmakers and the judiciary. Yoav Galant, the former defence...

    Herzog made the call following large demonstrations in Tel Aviv overnight where protesters again charged that the judicial overhaul package threatens Israel's democracy

    The plan to hand more control to politicians and diminish the role of the Supreme Court has ignited a wave of protests and been questioned by Israel's top allies including the US