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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
  • Iran mocks US failure to stop exports of oil cargo

    Iran said that US attempts to seize its tankers and oil cargo had failed to stop exports that are subject...

    The comments by Iran's oil minister, Jawad Owji, came after US court documents showed the United States had seized the cargo of two tankers accused of carrying Iranian crude

    The United States had previously issued a number of warrants to seize the cargo of tankers carrying Iranian oil to different countries

  • Condemnation pours in after Houthi attack on Saudi refinery

    From the UAE to Egypt, Jordan, and Bahrain, and from the OIC to the Arab Parliament, the attack is being...

    Regional and global condemnation is pouring in after a drone strike by the Houthi rebels of Yemen hit Saudi Arabia

    The pre-dawn attack on Friday caused a fire but did not disrupt supplies, officials have said

  • US says it is up to Russia, Iran to revive nuclear deal

    US State Department spokesman Ned Price has said the US has announced a pause on nuclear negotiation with Iran, and...

    Vienna talk between world powers and Tehran appeared close to its goal until Russia's sudden demand on nuclear accord

    The US said that western sanctions on Russian in response to invading Ukraine are entirely unrelated to the JCPOA

  • Ukraine war to ‘deeply destabilise’ food supply in Europe, Africa: Macron

    “Europe and also Africa will be very deeply destabilised as regards food because of what can’t be planted right now...

    “Europe and also Africa will be very deeply destabilised as regards food because of what can’t be planted right now in Ukraine,“ Macron told reporters

    The French leader added that still more economic punishment would be piled on Russia if it continues its invasion of its neighbour

  • US seized cargo of ships allegedly carrying Iranian crude

    Several weeks ago US authorities seized the oil which they said left Iran in 2020 and was then transferred to...

    Several weeks ago US authorities seized the oil which they said left Iran in 2020 and was then transferred to other vessels using surreptitious means.

    The court case was made public only recently, after the oil was resold for between $38 million and $45 million

  • UN dismisses Russia claim of Ukraine-US bioweapons

    Russia called a meeting of the 15-member Security Council to repeat its previously made, unsubstantiated claims that Ukraine, with US...

    Washington and Kyiv have denied the existence of laboratories intended to produce biological weapons in Ukraine

    Linda Thomas-Greenfield, the US' envoy to the UN, accused Russia of requesting the meeting jut so it could spread disinformation’

  • Rights groups want Tunisia to revoke freedom-choking draft law

    The leaked draft law could permit authorities to dissolve civil society groups at will without going through the courts.

    A total 13 groups, which includes major organizations like Amnesty International and Human Rights Watch, oppose the draft.

    Draft laws in the North African country no longer go through parliament since its President suspended the legislature last year.

  • Saudi World Defence Show sees tensions between Russia, Ukraine

    Maxim Potemkov, sales director of one of the exhibiting Ukrainian companies, said there was a wall of silence between the...

    Russian military hardware at the World Defence Show in Riyadh this week far outstripped the display at the Ukrainian pavilion.

    The number of staff at the Ukrainian pavilion was severely diminished by the war, which broke out two weeks ago.

  • Saudi Arabian oil refinery hit by Yemen rebel drone attack

    Saudi energy ministry said the pre-dawn attack on the refinery in Riyadh caused a small fire that was brought under...

    The attack did not result in any injury or death, nor was the supply of oil or its derivatives affected, the ministry said.

    The Houthis said they fired three drones at the Aramco refinery and six more at the oil giant's facilities in the southwestern cities of Jizan and Abha.

  • Israeli lawmakers reinstate controversial citizenship law

    The law was passed after a fractious late night session that exposed deep fault lines in the governing coalition of...

    The law was passed after a fractious late night session that exposed deep fault lines in the governing coalition of Prime Minister Naftali Bennett

    Known as the "citizenship law", it reinstates a ban that was first enacted in 2003 during the second Palestinian intifada, or uprising.

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