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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.
  • Death toll in US strikes on Iran-linked groups in Syria rises to 19

    The Britain-based Observatory, which has a wide network of sources on the ground, said 19 people were killed in the...

    Further rocket attacks by Iran-backed militias took place late Friday, prompting more strikes by coalition warplanes, the Syrian Observatory for Human Rights reported

    The Syrian government, which is closely allied with Iran, accused the United States of lying about the targets of its air strikes to justify its "act of aggression"

  • Violent scenes in France as protests begin against reservoir construction

    SAINTE-SOLINE, FRANCE - French security forces again clashed with protesters Saturday as campaigners sought to stop the construction of reservoirs for...

    Multiple projectiles and improvised explosives were thrown by protesters, with police responding with tear gas and water cannon.

    Eleven people were already detained after police seized cold weapons, including petanque balls and meat knives, as well as explosives.

  • UAE highlights food, energy insecurity at G20 Finance Track meeting

    CHENNAI, INDIA - The UAE spoke on food and energy insecurity and their implications in the second Framework Working Group...

    The UAE delegation highlighted emerging uncertainties in the finance sector.

    The delegation discussed effective ways to promote global financial stability.

  • EU, Germany reach deal on fossil fuel car phaseout

    BRUSSELS, BELGIUM - The European Union and Germany on Saturday said they had struck a deal after a dispute over the...

    A landmark deal to prohibit new sales of fossil fuel cars from 2035 is key to the bloc's ambitious plan to become a "climate-neutral" economy by 2050.

    Germany demanded that the EU provide assurances the law would allow the sales of new cars with combustion engines that run on synthetic fuels.

  • Muharrem Ince, a combative spoiler enters Turkey’s election campaign

    Six disparate parties have built an anti-Erdogan alliance and -- after a year-long debate -- rallied around the candidacy of...

    Ince's last-minute entry into the election race that was shaping opposition's best chance yet to defeat Erdogan has ruffled feathers across the political spectrum

    Eurasia Group analyst Emre Peker said Muharrem Ince's ability to draw votes away from Kilicdaroglu will make his position crucial in the likely runoff on May 28

  • Qatar brokers release of ‘Hotel Rwanda’ hero Paul Rusesabagina

    His detention sparked criticism in the West and among rights groups, and highlighted Rwanda's record of crushing political dissent and...

    Shortly before midnight on Friday, Rusesabagina arrived at the Qatari ambassador's residence in Kigali, a US official said

    He will likely stay there for "a couple of days" before flying to Qatar, which helped broker his release, and then to the United States

  • China has not yet delivered arms to Russia: US President

    Ottawa, Canada--US President Joe Biden on Friday said he believed China has not sent arms to Russia after President Vladimir Putin's...

    The president told reporters in Canada that he had been hearing that China will provide weapons to Russia, but they haven't yet

    While maintaing that he didn't take China or Russia lightly, he added that reports of their rapprochement were "exaggerated"

  • US enters into deal with Canada on illegal migration during Biden trip

    Face-to-face talks between Biden and Trudeau covered a range of areas where both sides are pushing for improvements. A joint...

    Biden signalled a resolution to one irritant in the close relationship, with a deal on managing the growing issue of undocumented migration on US, Canada border

    The two leaders also reaffirmed support for pro-Western Ukraine "for as long as it takes" in its war to push back Russian invasion, and issued a warning to China

  • Biden says not seeking conflict with Iran after strikes that killed 14

    The US president sought to lower the temperature on Friday, saying the United States "does not seek conflict with Iran,...

    Pentagon said a US contractor died, and another contractor and five military personnel were wounded by a kamikaze drone "of Iranian origin"

    In response, US Defense Secretary Lloyd Austin said Thursday that, at Biden's direction, he had ordered the precision air strikes tonight in eastern Syria

  • Greece, Italy to discuss rail ‘restart’ after tragedy: PM

    Following last month's rail tragedy, Greece's prime minister said that he would discuss with Italy safety improvements on Geek trains...

    The prime minister said that his Italian counterpart Giorgia Meloni accepted an invitation to talks in Athens before the Greek general election in May

    Late last month, two trains collided head-on after running on the same track for several kilometers (miles), killing 57 people