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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%.
  • Iran MPs demand Western guarantees in nuclear talks

    Iranian MPs urged the government Sunday to secure Western guarantees at Vienna talks to restore the 2015 nuclear deal, state...

    In a letter addressed to President Ebrahim Raisi and read at parliament, 250 MPs out of the 290-strong assembly, set out several conditions for reaching a deal.

    It came amid growing signs over the weekend that a deal could be struck between Iran and world powers, including the United States.

  • Saudi Arabia looks to start fifth round of direct talks with Iran

    Saudi Arabia may initiate another round of direct talks with Iran despite a “lack of substantive progress” in previous rounds.

    Prince Faisal said if the 2015 nuclear pact was revived that should be “a starting point, not an end point” in order to address regional concerns

    Iranian Foreign Minister Hossein Amir Abdollahian said his country was “ready to achieve a good deal at the earliest possible time"

  • Israel sees Iran nuclear deal ‘shortly,’ warns it will be weaker

    Israeli Prime Minister Naftali Bennett , who has been a staunch opponent of the 2015 deal, said his country will...

    The 2015 Iran nuclear agreement offered Tehran sanctions relief in exchange for curbs on its nuclear program.

    But the United States unilaterally withdrew in 2018 under then-president Donald Trump and reimposed heavy economic sanctions.

  • Bahrain government launches scheme to extend health services to citizens

    Bahrain government has launched a health scheme, “Medic in Every Home”, aimed at extending health services and reaching out to...

    The project aims to enhance Bahrain’s rating on the third and fourth Sustainable Development Goals and increase the survival rate of the injured.

    Medic in Every Home was one of the three innovative ideas which were declared winners of the third edition of the Government Innovation Competition (Fikra).

  • UAE warns of drone threat as Abu Dhabi conference starts

    The UAE warned Sunday of the rising threat of drone attacks, such as those launched against it by Yemen's Houthi...

    The Unmanned Systems Exhibition (UMEX) kicked off in Abu Dhabi, with regional and Western military and industry representatives

    The UAE is part of a Saudi-led military coalition that has been fighting in Yemen since 2015 to support the government against Iran-backed Houthi rebels

  • SFD launches $135m infra projects

    The projects have been inaugurated in Djibouti.

    The projects include two new development initiatives in the water and housing sector

    The fund has also laid the foundation stone for a project in the transportation sector

  • US reaffirms Russia could attack Ukraine ‘at any time’

    US Press Secretary Jen Psaki said President Joe Biden was due to hold a rare Sunday National Security Council meeting...

    Western officials in Munich continued to raise the alarm about Moscow's intentions towards Ukraine

    However, Ukrainian President Volodymyr Zelensky pushed back against Washington's dire predictions for an invasion

  • UAE and Hungary to collaborate in energy sector

    UAE Energy Strategy 2050 aims to increase the contribution of clean energy in the total energy mix from 25 per...

    The two sides also discussed an exchange of expertize and best practices in infrastructure, housing and transport

    The ministers of UAE and Hungary met on the sidelines of Dubai Expo 2020 and discussed cooperation in energy

  • The chances of reviving Iran nuclear accord are dwindling: Scholz

    The chances of reviving the Iran nuclear accord are dwindling and the "moment of truth" has arrived for Tehran's leadership,...

    The 2015 Iran nuclear agreement had offered Tehran sanctions relief in exchange for curbs on its nuclear program

    The Iranian foreign minister is due to address the Munich Security Conference later on Saturday

  • Ukraine blames Russia-backed rebels of killing a soldier

    Ukraine's army on Saturday reported the first death of a soldier in weeks and accused Moscow-backed rebels of sharply escalating...

    The joint military command for east Ukraine said a soldier received a fatal shrapnel wound in the conflict zone running across two separatist regions near the Russian border

    Moscow formally denies being involved in the conflict and calls it a Ukrainian internal affair

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