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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
  • Gulf bloc says Saudi to host Yemen talks despite rebels’ rejection

    The six-nation Gulf bloc said Thursday it seeks to host discussions between Yemen's warring sides in Saudi Arabia, despite the...

    The secretary-general of the Saudi-based Gulf Cooperation Council (GCC), Nayef al-Hajraf, told reporters discussions would be held between March 29 and April 7 in Riyadh

    "Invitations will be sent to all and the conference will be held in attendance of those who come," he said

  • OPEC Fund approves $233 million for development projects

    The grants were approved at the 179th session of OFID’s Governing Board in Vienna.

    The projects will reportedly, among other things, support economic recovery, help bring up new infrastructure, and boost food security

    Overall, they are expected to benefit public-sector projects and promote sustainable development around the world

  • Russia strikes near Lviv airport as bombardment expands across Ukraine

    Twenty-four hours after Mariupol's once-gleaming whitewashed theatre was hollowed out by a Russian strike, the number of dead, injured or...

    Twenty-four hours after Mariupol's once-gleaming whitewashed theatre was hollowed out by a Russian strike, the number of dead, injured or trapped is still unclear

    Ukraine's ombudswoman Lyudmyla Denisova said a bombshelter in the building had survived the impact, and some "adults and children" had emerged alive

  • UAE calls on international community to pressure Houthis to stop transgressions

    UAE lauded the UN Security Council's decision to list the Houthi militias as a terrorist organisation.

    UAE lauded the UN Security Council's decision to list the Houthi militias as a terrorist organisation

    The country said it supports the UN's efforts to provide basic needs of the Yemeni people

  • UAE foreign affairs minister stresses peaceful resolution of Ukraine conflict

    The ministers of UAE and Russia discussed cooperation between the two countries and ways to enhance the bilateral strategic partnership...

    Sheikh Abdullah bin Zayed Al Nahyan met Russian foreign minister Sergey Lavrov in Moscow and discussed challenges concerning security and stability in the MENA region.

    Al Nahyan also expressed the UAE's deep concern over the humanitarian impact of the conflict on civilians.

  • Lebanon judge arrests central bank governor Riad Salameh’s brother

    A Lebanese judge on Thursday arrested the brother of Central Bank governor Riad Salameh, both of whom are suspected of...

    Central Bank governor Riad Salameh is widely blamed for policies that have hurt Lebanon's economy, both he and his brother have also been accused of embezzling money.

    Judge Ghada Aoun referred Raja Salameh to a judge to probe the brothers on charges of 'money laundering, embezzlement, illicit enrichment and smuggling large amounts of money'.

  • Tunisians snub online poll on reforms as inflation and unemployment bite

    The online questionnaire was launched in January, more than half a year after President Kais Saied sacked the government, froze...

    The results are to be presented to a committee of experts -- hand-picked by Saied -- who will then draft a new constitution ahead of a referendum in July.

    But with just days to go until the portal closes on Sunday evening, only 412,000 people -- under six percent of the seven-million-strong electorate -- had taken part.

  • COVID cases increasing once again, especially in parts of Asia: WHO

    After several weeks of declines, reported cases of COVID-19 are once again increasing globally, especially in parts of Asia, WHO...

     In the past week, the agency has seen an 8 per cent increase in detection of COVID-19 cases, with more than 11 million positive test results.

    In the last 30 days of more than 400,000 sequences sampled, 99.9 percent are Omicron, and 75 percent correspond to the BA.2 variant..

  • Yemen war turns nature reserve back into waste dump

    The ticket office has been abandoned at the entrance to the 19-hectare (47-acre) site in Yemen's southern city of Aden.

    The ticket office has been abandoned at the entrance to the 19-hectare (47-acre) site in Yemen's southern city of Aden

    What was long a haven for flamingos and other migratory birds is now swarmed by crows

  • UAE cargo ship sinks off Iran, all but one crew rescued

    An Emirati cargo ship sank in Gulf waters off Iran, triggering a search and rescue operation in heavy seas Thursday...

    State media reported that the vessel -- a car transporter -- had capsized in heavy winds off the Iranian port of Asalouyeh.

    The search was continuing for the final missing crew member with two rescue vessels combing the waters.

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