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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.
  • Iran says technical nuclear meeting with US postponed to Saturday

    A technical, expert-level nuclear meeting between Iran and the United States will be held on Saturday, coinciding with the third...

    Iran's foreign ministry spokesman Esmaeil Baqaei said the decision to reschedule the meeting was made following Oman's proposal and the agreement of the Iranian and US delegations

    Western countries including the United States have long accused Iran of seeking to acquire nuclear weapons -- an allegation Tehran has consistently denied

  • Trump tariffs have increased financial stability risks: IMF report

    The IMF's Global Financial Stability Report (GFSR) was published as world financial leaders gather for meetings in Washington under the...

    GFSR's authors found that "global financial stability risks have increased significantly, driven by tighter global financial conditions and heightened economic uncertainty."

    The Fund also warned that geopolitical risk -- including military conflicts -- could raise risks to financial stability.

  • US envoy to Israel urges Hamas to sign deal so aid can enter Gaza

    The new US ambassador to Israel on Monday called on Palestinian militant group Hamas to accept a deal that would...

    Huckabee's message comes after Hamas on Thursday signalled its rejection of Israel's latest truce proposal, which proposed a hostage-prisoner swap and the entry of aid

    The militants' chief negotiator said the group rejected any "partial" agreements and sought a comprehensive deal including "halting the war" and an Israeli withdrawal from Gaza

  • Davos meet founder Klaus Schwab steps down from WEF board

    Geneva, Switzerland -- The World Economic Forum said on Monday that its founder Klaus Schwab has stepped down from the...

    Schwab told the WEF's board that "as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect.

    The WEF said Vice Chairman Peter Brabeck-Letmathe was appointed board chairman in the interim and that a search committee for replacement had been appointed.

  • Pope Francis is dead at 88, world leaders pay tributes to the energetic reformer

    "Today, we lost a faithful friend of the Palestinian people and their legitimate rights," Palestinian president Mahmud Abbas said, noting...

    His death sets in motion centuries-old traditions that will culminate in the gathering of a conclave of cardinals to choose a successor.

    In the next four to six days the Vatican's cardinals will decide on the pope's funeral date, at which point his coffin will be transferred to St Peter's Basilica.

  • West Bank campus a dystopian shelter for Palestinians uprooted again

    Jenin, Palestinian Territories - On deserted university grounds in the occupied West Bank, Palestinian children run outside nearly empty buildings,...

    Tens of thousands of Palestinians have been displaced from the northern West Bank since Israel launched the offensive dubbed "Iron Wall" on January 21 in the area

    The United Nations agency, UNRWA, provides aid but recent Israeli legislation barring coordination with Israeli military authorities has complicated its work

  • US defense chief shared sensitive information in second Signal chat: US media

    US Defense Secretary Pete Hegseth shared information on forthcoming US air strikes on Yemen in a private Signal chat group...

    Last month, the Atlantic editor-in-chief was accidentally added to a Signal chat where officials discussed the March 15 strikes

    The information shared "included the flight schedules for the F/A-18 Hornets targeting the Houthis in Yemen," the Times reported

  • From tariffs to deportations, Trump’s first 100 days signal imperial shift in US leadership

    Trump has also stepped up the sense of an endless reality show in which he is the star, as he...

    Trump has been driven by a sense of grievance left over from an undisciplined first term that ended in the shame of the 2021 US Capitol riots after his election defeat to Joe Biden

    And while Trump freed hundreds of those attackers from jail on his first day back in office, he is taking no prisoners when it comes to consolidating the power of the White House

  • Gaza rescuers say Israeli air strikes kill 25 and injure dozens of Palestinians

    Gaza City, Palestinian Territories -- Gaza's civil defense agency reported that Israeli air strikes since dawn on Sunday have killed...

    "Since dawn today, the occupation's air strikes have killed 20 people and injured dozens more, including children and women across Gaza," said Mahmud Bassal.

    In a separate statement later, the agency reported that five people were killed in an Israeli drone strike on a group of civilians in eastern Rafah.

  • US aid cuts strain response to health crises worldwide: WHO

    Riyadh, Saudi Arabia -- The United States slashing foreign aid risks piling pressure on already acute humanitarian crises across the...

    Donald Trump has effectively frozen foreign aid funding, moved to dismantle USAID and other programs, and announced plans to leave the WHO.

    Washington, which had long been the WHO's biggest donor, did not pay its 2024 dues, and it remains unclear if the United States will meet its membership obligations for 2025.