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UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.
  • Iran says may end nuclear arms ban if sanctions reimposed

    Iran is set to meet with Britain, France and Germany for talks on its nuclear program on Friday after the...

    Iran is set to meet with Britain, France and Germany for talks on its nuclear program on Friday

    For Tehran, the goal of the talks on Friday is to avoid a "double disaster" scenario

  • Palestinian leader Abbas lays ground for succession

    Palestinian president Mahmud Abbas announced his replacement . Under current Palestinian law, the speaker of the Palestinian Legislative Council (PLC)...

    Abbas, 89, still rules despite his term as head of the Palestinian Authority ending in 2009

    The decree comes on the same day that a ceasefire entered into force in Lebanon

  • Five forgotten conflicts of 2024

    he wars in the Mideast and Ukraine-Russia have dominated world headlines in 2024 but several other conflicts are ravaging countries...

    The conflict in Sudan has left tens of thousands dead and some 26 million facing severe food insecurity

    THe Democratic Republic of Congo has endured internal and cross-border violence for over 30 years

  • Biden-brokered truce deal halts Israel-Hezbollah war; Netanyahu plans to go full force against Gaza and Iran

    Under US-brokered terms, Lebanon's army regains border control, curbing Hezbollah activity, while Israel vows to maintain security operations if threats...

    US President Joe Biden announced the ceasefire agreement on Tuesday, as Israeli Prime Minister Benjamin Netanyahu said his ministers had agreed to a halt

    Under the terms of the Lebanon truce, Israel will maintain "full" freedom to act against Hezbollah should the Iran-backed group pose any new threat, Netanyahu said

  • A downed Israeli flag (left) on a destroyed building, and a Lebanese flag (right) painted on a damaged building in the southern Lebanese village of Meiss El-Jabal, amid the ongoing war between Israel and Hezbollah. (AFP)

    Israel intensifies attacks before ceasefire deadline as Lebanon seeks “immediate halt”

    US president says ceasefire takes effect on Wednesday at 4:00 AM Beirut time, as Lebanese officials accuse Israel of trying...

    The US and France have spearheaded the truce efforts, and G7 foreign ministers in Italy called on for an "immediate ceasefire"

    The international community is called upon to act swiftly to stop this [Israeli] aggression and implement an immediate ceasefire, says Lebanese PM

  • Debris are scattered among damaged buildings in the neighborhood of Rweiss in Beirut's southern suburbs, a day after it was hit by Israeli airstrikes, on November 24, 2024, as the war between Israel and Hezbollah continues. (AFP)

    EU urges immediate halt to Israel-Hezbollah war as Israeli attacks kill more in Gaza and Lebanon

    Israeli attacks have killed dozens in Gaza and Lebanon is the past 24 hours, while EU chief visits Beirut asking...

    Dozens feared killed, including women and children, in Gaza and Lebanon in Israeli attacks in the past 24 hours

    European Union chief says the EU is ready to provide 200 million euros ($208 million) to help bolster the Lebanese armed forces

  • Rocket fire wounds four UN peacekeepers in Lebanon

    Italian Defence Minister Guido Crosetto said two 122 mm rockets appeared to have hit a bunker on the base. The...

    "UNIFIL strongly urges combating parties to avoid fighting next to its positions"

    The peacekeepers were wounded by shards of glass when windows shattered

  • Putin hints at strikes on West in ‘global’ Ukraine war

    In a defiant address to the nation, Russia's president railed at Ukraine's allies granting permission for Kyiv to use Western-supplied...

    The Kremlin strongman spoke out after a day of frayed nerves, with Russia test-firing a new generation intermediate-range missile at Ukraine

    Ukraine's President Volodymyr Zelensky branded the strike a major ramping up of the "scale and brutality" of the war by a "crazy neighbour."

  • Hezbollah says Israel ‘cannot impose conditions’ for truce

    U.S. envoy Amos Hochstein announced "additional progress" in Lebanon-Israel ceasefire talks, heading to Israel to finalize an agreement amidst escalating...

    "Israel cannot defeat us and cannot impose its conditions on us," Hezbollah leader Naim Qassem said in an address broadcast shortly after Hochstein announced his travel plans

    Israeli Foreign Minister Gideon Saar, in a near-simultaneous statement, said any ceasefire deal must ensure Israel still has the "freedom to act" against Hezbollah

  • US envoy presses Israel-Hezbollah truce bid in Lebanon visit

    Hochstein said an end to the war was "now within our grasp", while Hezbollah-allied parliament speaker Nabih Berri, said the...

    The United States and France have spearheaded efforts for a truce in the conflict

    Hochstein said an end to the war was "now within our grasp"