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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%.
  • Shadowy militant group claims latest UAE drone attack

    Alwiyat al-Waad al-Haq (True Pledge Brigades), which is believed to have ties with pro-Iran armed factions in Iraq, said it...

    Alwiyat al-Waad al-Haq (True Pledge Brigades), which is believed to have ties with pro-Iran armed factions in Iraq, said it launched four drones at dawn on Wednesday

    The UAE announced the interception and destruction on Wednesday of three "hostile drones", which follows three previous drone and missile attacks

  • UAE-trained Giants put brakes on Yemen’s Houthi rebels

    The Giants Brigades was established in 2015 on Yemen's western coast after the Saudi-led coalition's intervention that same year.

    The UAE, a member of the coalition with strong influence in southern Yemen, began funding, training, and arming the Giants

    This made them a critical component of the Emirati-backed Security Belt force tasked with protecting the south

  • UAE-Bahraini Light-1 CubeSat launched into orbit from ISS

    The UAE-Bahraini Light-1 CubeSat was successfully launched into orbit from the International Space Station, in cooperation with the Japan Aerospace...

    Light-1 CubeSat is a collaborative initiative of the UAE Space Agency, Bahrain’s National Space Science Agency, Khalifa University of Science and Technology, and NYU Abu Dhabi.

    The Light-1 CubeSat represents the region’s first scientific mission to monitor and study Terrestrial Gamma-ray Flashes (TGFs) from thunderstorms and lightning.

  • Israel signs defense agreement with Bahrain in Gulf first

    Defense Minister Benny Gantz, making his first visit to Bahrain, said the memorandum of understanding, that covers intelligence, procurement and...

    Gantz toured the guided missile destroyer USS Cole, which is set to make its way to Abu Dhabi to help defend the UAE.

    The US base in Bahrain lies just across the Gulf from Iran. The waters are crossed by hundreds of oil and cargo vessels every day.

  • South Africa tax authority uncovers $1.8 bn gold scam: report

    South Africa's tax authority has uncovered a 1.8-billion-dollar gold scam, in which coins and jewelry were illegally smelted into gold...

    Coins and jewelry were illegally smelted into gold bars for sale overseas, the amaBhungane Centre for Investigative Journalism said.

    Sale of gold within South Africa carries a tax, but gold exports do not. So the companies created fake invoices to claim that they had paid tax.

  • Erdogan eyes Ukraine summit with Putin on Kyiv visit

    The veteran Turkish leader's talks with his Ukrainian counterpart Volodymyr Zelensky come with Kyiv hesitant to accept US warnings that...

    The veteran Turkish leader's talks with his Ukrainian counterpart Volodymyr Zelensky come with Kyiv hesitant to accept US warnings that President Putin is preparing to invade

    Erdogan has also tried to talk down the prospects of war while pursuing his own diplomatic track separate from those followed by European leaders

  • UAE reports new drone attack as US to send warship, jet

    The United Arab Emirates on Wednesday said it prevented another drone attack over its territory, after Washington said it will...

    The latest attack follows missile and drone assaults the Houthis said they carried out this year in which three people have been killed

    The rebel attacks on the UAE have added a new dimension to Yemen's long-running war, which has killed an estimated 377,000 people directly or indirectly

  • US to send warship, fighter jets to UAE after Houthi attacks

    The deployment, to "assist the UAE against the current threat", follows a phone call between Defense Secretary Lloyd Austin and...

    The USS Cole guided missile destroyer will partner with the UAE Navy and make a port call in Abu Dhabi, while the US will also deploy fifth-generation warplanes.

    Other actions include "continuing to provide early warning intelligence (and) collaborating on air defense", the US embassy in the UAE said.

  • Turkey attacks Kurdish targets in Iraq and Syria

    Turkey has launched deadly strikes against Kurdish targets in Iraq and Syria, where Kurdish forces were still reeling from the...

    The raids on Tuesday night targeted shelters, tunnels, caves, ammunition depots, bases and training camps operated by the outlawed Kurdistan Workers' Party (PKK)

    The Syrian Observatory for Human Rights said the Syria strikes hit a Kurdish-run power station near the town of Al-Malikiyah in Hasakeh province

  • Queen Elizabeth II to mark 70 years on the throne

    The sovereign's record-breaking reign as head of state began when she was aged 25 and watching wildlife in a remote...

    The sovereign's record-breaking reign as head of state began when she was aged 25 and watching wildlife in a remote part of Kenya with her husband, Prince Philip

    She has since become the one constant in an era of rapid social and political change, a figurehead of modern Britain and a living link to its post-war and imperial past

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