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Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.
  • Britain reestablishes full Syria ties as FM David Lammy visits Damascus

    In 2011, Britain was among the first countries to acknowledge rebel groups as the official Syrian government after then-president Bashar...

    In 2011, Britain was among the first countries to acknowledge rebel groups as the official Syrian government after then-president Assad's crushing of pro-democracy protests

    Assad was ultimately toppled in December after more than 13 years of fighting by a rebel offensive led by Sharaa, now Syria's interim president

  • Hamas says ready to start Gaza ceasefire talks ‘immediately’ on US-sponsored proposal

    "The movement is ready to engage immediately and seriously in a cycle of negotiations on the mechanism to put in...

    "The movement is ready to engage immediately in a cycle of negotiations on the mechanism to put in place" the US-backed truce proposal," Hamas said

    Trump has been making a renewed push to end nearly 21 months of war in Gaza, where the civil defence agency said 35 people were killed in Israeli military operations on Saturday

  • Israel minister says army will ‘ensure Iran cannot threaten’ country again

    Israeli Defence Minister Israel Katz said the army must draw up a plan to prevent Iran from threatening Israel again...

    "The army must prepare on the intelligence and operational level to ensure that the air force maintains air superiority over Tehran, Israeli Defence Minister Israel Katz said

    Israel launched a bombing campaign against Iran on June 13 following a decades-long shadow war, saying it aimed to prevent it from developing a nuclear weapon

  • Syria ready to work with US to return to 1974 disengagement deal with Israel

    Syria said on Friday it was willing to cooperate with the United States to reimplement the 1974 disengagement agreement with...

    Washington has been driving diplomatic efforts towards a normalisation deal between Syria and Israel, with envoy Thomas Barrack saying last week that peace between the two was now

    Speaking to The New York Times, Barrack confirmed this week that Syria and Israel were engaging in "meaningful" US-brokered talks to end their conflict

  • Settlers and Palestinians clash in West Bank village

    Sinjil, Palestinian Territories - Dozens of Israeli settlers and Palestinians clashed Friday in the occupied West Bank village of Sinjil,...

    AFP journalists saw local residents and activists begin their march before locals reported that settlers had appeared on a hill belonging to the village

    Palestinian youths marched towards the hill to drive away the settlers, setting a fire at its base while the settlers threw rocks from the high ground

  • Russia brushes off talks after largest ever drone and missile barrage on Ukraine

    Russia on Friday said that it sees no immediate diplomatic way out of the war in Ukraine, hours after pummelling...

    The hours-long bombardments sent Ukrainians scurrying for shelters across the country and came after a call between Trump and Russian President Vladimir Putin

    Trump also said he had made no progress in discussions with Putin on ending more than three years of bitter fighting since the Kremlin ordered its troops into neighbouring Ukraine

  • Trump to sign ‘big, beautiful’ bill on US Independence Day

    Trump pushed Republican lawmakers to get his unpopular "One Big Beautiful Bill" through a reluctant Congress in time for him...

    The bill, which includes massive new funding for Trump's migrant deportation drive, is the latest in a series of big political wins at home and abroad for the 79-year-old tycoon.

    Trump forced through the bill despite deep misgivings in the Republican Party -- and the vocal opposition of his billionaire former ally, Elon Musk.

  • Over 500 killed around US and Israel-backed aid distributions in Gaza: UN

    The United Nations and major aid groups have refused to cooperate with the Israel-backed Gaza Humanitarian Foundation over concerns it was designed...

    An officially private effort, the GHF began operations on May 26 after Israel halted supplies into the Gaza Strip for more than two months, sparking famine warnings.

    GHF operations have been marred by chaotic scenes and near-daily reports of Israeli forces firing on people waiting to collect rations in the Palestinian territory.

  • Israel opposition chief discusses Gaza truce with UAE FM

    Jerusalem, Undefined -- Israel's opposition leader said Friday he met with the United Arab Emirates foreign minister in Abu Dhabi...

    The UAE normalized ties with Israel in 2020 as part of the US-brokered Abraham Accords.

    WAM said Lapid and Sheikh Abdullah discussed bilateral ties and regional developments including efforts to reach a ceasefire in Gaza.

  • Iran announces opening of its airspace after war: state media

    Iran announced Thursday that it has reopened its airspace, including over Tehran, after closing it on June 13 due to...

    Tehran's Mehrabad and Imam Khomeini international airports, as well as those in the north, east, west and south of the country, have been reopened and are ready to operate flights

    Domestic and international flights from all airports across the country -- except those in Isfahan and Tabriz -- will operate between 5:00 am and 6:00 pm, authorities said