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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%.
  • Trump eyes Erdogan’s help to end Ukraine war

    NATO member Turkey has sought to maintain good relations with both of its Black Sea neighbors since the Russian invasion...

    Trump said on his Truth Social network that Erdogan had also invited him to visit Turkey and that the Turkish leader would be meeting him in Washington

    "I look forward to working with President Erdogan on getting the ridiculous, but deadly, War between Russia and Ukraine ended -- NOW!" Trump posted

  • Iran says Israel’s Netanyahu dragging US into ‘disaster’ in region

    Tehran, Iran - Iran's Foreign Minister Abbas Araghchi on Monday accused Israeli Prime Minister Benjamin Netanyahu of attempting to drag...

    Araghchi also accused Netanyahu of "attempting to brazenly DICTATE what President Trump can and cannot do in his diplomacy with Iran."

    Iran's top diplomat cited US support for Israel in its war in Gaza against Palestinian group Hamas since the unprecedented October 2023 attack by the militants

  • Pakistan conducts second missile test, India readies civil defence drills

    Islamabad, Pakistan - Pakistan conducted a second missile test and India ordered civil defence drills in an escalating stand-off over...

    New Delhi blames Islamabad for backing an attack on tourists last month - the deadliest against civilians on the Indian-administered side of the Himalayan territory for years

    Pakistan rejects the accusations, and the two sides have exchanged nightly gunfire since April 24 along the de facto border in Kashmir, the militarised Line of Control

  • Damascus club shooting sparks fears of restriction on freedoms

    A deadly shooting Monday at a Damascus club, days after another attack on the capital's nightlife, has sparked fears, adding...

    Since the fall of longtime ruler Bashar al-Assad in December, the international community has been pressing the new authorities to respect personal freedoms

    The Syrian Observatory for Human Rights monitor said gunmen attacked Karawan "with automatic weapons and opened fire, killing a woman and wounding others."

  • Iran unveils new ballistic missile with 1,200 km range

    Iran on Sunday unveiled a new solid-fuel ballistic missile with a range of 1,200 kilometres (745 miles), state television reported,...

    Western nations have raised concerns about Tehran's missile capabilities, accusing it of destabilising the Middle East

    Iran supports the "axis of resistance" network of militant groups opposed to Israel, including Yemen's Huthi rebels

  • Huthis report U.S. strikes after missile hits Israel airport, Netanyahu vows revenge and future retaliation

    Israeli Prime Minister Netanyahu warned of future retaliation, saying Israel had acted against Iran-backed Huthis before and “will act in...

    The Huthi-run Saba news agency said the strikes included two targeting Arbaeen street in the capital as well as one on the airport road, blaming them on "American aggression."

    The Huthis, who control swathes of Yemen, have launched missiles and drones targeting Israel and Red Sea shipping throughout the Gaza war, acting in solidarity with Palestinians

  • US Fed expected to pause cuts again and wait for clarity on tariffs

    Washington, United States -- The US Federal Reserve is widely expected to extend a recent pause in rate cuts this...

    Most economists expect the tariffs introduced since January to push up prices and cool economic growth, at least in the short run.

    Financial markets overwhelmingly expect the Fed to announce another rate cut pause on Wednesday, according to data from CME Group.

  • Trump’s solar tariffs could drive Asia transition boom

    Bangkok, Thailand -- Massive planned US duties on solar panels made in Southeast Asia could be a chance for the...

    Earlier this month, Washington announced plans for hefty duties on solar panels made in Cambodia, Vietnam, Thailand and Malaysia.

    Southeast Asia accounted for nearly 80 percent of US solar panel imports in 2024.

  • UAE says citizens can again travel to Lebanon

    The announcement comes after Lebanon's President Joseph Aoun met with his UAE counterpart Mohamed bin Zayed in Abu Dhabi on...

    UAE imposed the travel ban and withdrew diplomats from Beirut in solidarity with Saudi Arabia, after a Lebanese minister criticized the Riyadh-led military intervention in Yemen.

    Lebanese citizens were not banned from travelling to the UAE, although some experienced difficulties obtaining visas.

  • Global rice output in 2024/25 likely to expand by 1.5%: FAO

    Rome, Italy --  The Food and Agriculture Organization of the United Nations (FAO) released a new Cereal Supply and Demand...

    FAO’s latest forecast for 2025 wheat production is pegged at 795 million tons, on par with the previous year.

    FAO’s new forecast for world cereal utilization in 2024/25 stands at 2 870 million tons, a 1.0 percent increase over the 2023/24 level.