Search Site

Trends banner

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

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
  • Kuwait, KSA agree on plan to develop joint offshore gas field

    The project is a joint endeavor between the Saudi-based Aramco Gulf Operations Company and Kuwait Gulf Oil Company.

    The project is a joint endeavor between the Saudi-based Aramco Gulf Operations Company and Kuwait Gulf Oil Company

    The gas output will be divided evenly between the Gulf Arab neighbors, at a time where soaring consumption has led to growing demand for energy in the two countries

  • Biden tells US businesses to ‘harden’ defenses against Russia cyber threat

    Biden cited "evolving intelligence that the Russian government is exploring options for potential cyberattacks."

    Biden cited "evolving intelligence that the Russian government is exploring options for potential cyberattacks."

    Biden said the US government would "continue to use every tool to deter, disrupt, and if necessary, respond to cyberattacks against critical infrastructure."

  • Zelensky rules out surrender, presses Putin for talks

    "Ukraine cannot fulfil Russian ultimatums," Zelensky said. "We should be destroyed first."

    "Ukraine cannot fulfil Russian ultimatums," Zelensky said. "We should be destroyed first."

    Moscow has meanwhile ramped up its air and sea operations, flying 300 sorties in the past 24 hours

  • Oil prices soar on Saudi, Russian supply fears

    Oil prices soared Monday as a weekend attack on Saudi facilities and discussions among European Union members over banning Russian...

    At a meeting Monday, EU nations remained split over banning Russian energy imports, with Germany, reluctant given its huge reliance on Russian gas.

    Kremlin spokesman Dmitry Peskov warned that an oil embargo "is a decision that will hit everyone."

  • Untapped groundwater offers ‘vast potential’: UNESCO report

    UNESCO stated that about 99 percent of all of the liquid groundwater on Earth is groundwater, although the resource is...

    Water consumption is expected to increase by one percent annually over the next 30 years, UNESCO said, driven by population growth and demand from industry and agriculture.

    Groundwater currently constitutes about 50 percent of the water withdrawn for domestic use worldwide, and 25 percent of the volume used for irrigation.

  • Lebanon central bank chief charged with enrichment, money laundering

    A Lebanese judge Monday charged central bank chief Riad Salameh with "illicit enrichment" and money laundering after he failed to...

    Central Bank chief Riad Salameh's brother Raja was charged with "facilitating money laundering" after he was arrested last week over financial misconduct.

    The judge is overseeing several legal cases against the central bank governor, who has repeatedly failed to show up at hearings.

  • Egypt and Saudi Arabia to boost bilateral economic cooperation

    Hala Al-Saeed, Egypt’s minister of planning and economic development, discussed ways to enhance future cooperation between Egypt and Saudi Arabia...

    A discussion was held between Egypt's minister of planning and Saudi Arabia's minister of trade.

    The minister of Egypt stressed her keenness to consolidate relations between the Egyptian and Saudi business communities.

  • Ukraine Rejects Putin’s Ultimatum to Surrender Mariupol

    The UN has described the humanitarian situation in the city as "extremely dire" with "residents facing a critical and potentially...

    US president will meet leaders from NATO, the G7 and would also travel to Poland for crisis talks over Russian invasion

    Earlier Russia said that Ukraine had until 5am on March 21 to surrender, threatening a "court martial" if not

  • Iraq digs up mass grave containing bodies of IS fighters, relatives

    Iraqi authorities said Sunday that they had exhumed the remains of 85 Islamic State group fighters and their relatives from...

    The remains of 35 people killed between 2016 and 2017 were dug up on Saturday while 50 were found on Sunday.

    It is the first announcement of a mass grave of IS fighters killed during the 2016-2017 battle to recapture Mosul, the extremist group's former stronghold.

  • India pitches for collaboration with GCC in steel sector

    "As part of the Steel Week, one-to-one meetings were held with leading players in steel production and logistics industries based...

    "One-to-one meetings were held with leading players in steel production and logistics industries based in the UAE," the Indian Ministry of Steel said in a statement

    The Indian government has recently launched a flagship scheme for specialty steel called Production-Linked Incentive

In Brief

Most Read