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Ozempic maker lowers outlook

The company posted tepid Q3 results.

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%.
  • Israel says delayed Iran’s presumed nuclear programme by two years

    Western powers have repeatedly expressed concerns about the rapid expansion of Iran's nuclear programme, questioning in particular the country's accelerated...

    Trump has been mulling whether to involve the United States in Israel's bombing campaign, indicating in his comments that he could take a decision before the two week deadline

    Top diplomats from Britain, France and Germany met their Iranian counterpart Abbas Araghchi in Geneva on Friday and urged him to resume talks with the United States

  • Israeli army chief warns of ‘prolonged campaign’ in Iran

    "We have embarked on the most complex campaign in our history to remove a threat of such magnitude, against such...

    Israel launched attacks against Iran last Friday which have combined targeted assassinations of key military personnel with strikes on Iran's nuclear and missile facilities.

    Zamir said the Israeli military had prepared for "years" for the campaign against Iran, even while Israeli troops continue their devastating campaign in Gaza.

  • IAEA warns of nuclear disaster if Israel attacks Iran’s Bushehr plant

    Rafael Grossi, director of the International Atomic Energy Agency (IAEA), told the UN Security Council that he has not yet...

    Grossi warned of equally dire consequences even if Israel strikes the lines that supply electricity to Bushehr, saying such disabling of power could trigger a meltdown.

    In a worst case scenario, evacuations and orders to take shelter would need to be issued for areas within several hundred kilometers of Bushehr, which would include Gulf states.

  • US envoy says Hezbollah involvement in Iran-Israel war would be ‘very bad decision’

    The US special envoy for Syria Tom Barrack warned Lebanese militant group Hezbollah on Thursday against getting involved in the...

    Barrack, who is also the US ambassador to Turkey, is on his first visit to Beirut, where he met top Lebanese officials including parliament speaker Nabih Berri, a Hezbollah ally

    In a statement, Hezbollah leader Naim Qassem said the group will provide Iran "with all forms of support that contribute to putting an end to this tyranny and oppression

  • Iran appoints new Revolutionary Guards intelligence chief

    Major General Mohammad Pakpour, the commander of Iran's Islamic Revolutionary Guards Corps (IRGC), appointed Brigadier General Majid Khadami as the...

    Major General Mohammad Pakpour, the commander of the IRGC, appointed Brigadier General Majid Khadami as the new head of its intelligence division

    He replaces Mohammed Kazemi, who was killed on Sunday alongside two other Revolutionary Guards officers -- Hassan Mohaghegh and Mohsen Bagheri -- in an Israeli strike

  • US military aircraft no longer visible at base in Qatar: satellite images

    Dozens of US military aircraft are no longer on the tarmac at a major US base in Qatar, satellite images...

    Nearly 40 military aircraft -- including transport planes like the Hercules C-130 and reconnaissance aircraft -- were parked on the tarmac at the Al Udeid base on June 5

    The US embassy in Qatar announced Thursday that access to the base would be limited "out of an abundance of caution and in light of ongoing regional hostilities."

  • European, Iranian diplomats to meet as Trump mulls joining Israel campaign

    Iranian Foreign Minister Abbas Araghchi will meet with his French, German, British and EU counterparts in Geneva on Friday to...

    Israel, claiming Iran was on the verge of developing a nuclear weapon, launched air strikes against its arch-enemy a week ago, triggering deadly exchanges

    Iranian Foreign Minister Abbas Araghchi will meet with his French, German, British and EU counterparts in Geneva on Friday to discuss Iran's nuclear programme

  • 21 Palestinians waiting for aid among 72 killed by Israeli forces in Gaza

    Civil defense spokesman Mahmud Bassal told AFP that six people were killed while waiting for aid in the southern Gaza...

    In northern Gaza, Bassal said that nine separate Israeli strikes killed another 51 people, updating earlier tolls provided by his agency.

    At least 300 Palestinians have been killed in recent weeks while trying to reach aid distribution points in Gaza, which is suffering from famine-like conditions.

  • MENA Brief | June 19: GCC central banks hold interest rates steady, Diriyah House launched in London

    As most currencies in the region are pegged to the US dollar, monetary policy follows the decisions taken in Washington,...

    Saudi-based Cluster2 Airports Company signed a strategic MoU with Airbus. The agreement will see the deployment of the Agnet Turnaround platform across Cluster2’s 22 airports.

    Saudi National Bank (SNB) has issued $1.25 billion in Tier 2 bonds at a 6% profit rate under its $10 billion Euro Medium Term Note program.

  • Almost 3,000 Australians seek to flee Israel-Iran conflict

    Australia has started evacuating almost 3,000 citizens caught up in the rapidly spiralling conflict between Israel and Iran, Foreign Minister...

    rescue efforts had been hampered by missile barrages that made it "too risky" for civilian aircraft to land in either country, Wong said

    Some 1,500 Australians had registered to be evacuated from Iran, while more than 1,200 were seeking to get out of Israel, she said