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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%.
  • UAE relaxes mask mandate, but with riders

    UAE residents may not wear a face mask in certain places while keeping a safe physical distance of two meters.

    Local authorities are expected to put signs showing the places where people will be allowed not to wear a face mask

    This will happen as long as people adhere to the physical distancing of two meters

  • Abu Dhabi Stem Cells Center to hire 1,000 citizens in 5 years

    The Abu Dhabi Stem Cells Center will hire 1,000 citizens during the next five years in medical and administrative roles,...

    The program will assist private sector institutions in supporting the "The Projects of the 50" initiative on a national level

    The center also declared its plan to enlarge the scope of its program to attract and develop Emirati talent

  • NASA selects Moon site for ice-hunting rover

    The space agency hopes the robot will confirm the presence of water ice just below the surface

    The space agency hopes the robot will confirm the presence of water ice just below the surface

    The mission is part of Artemis, America's plan to return humans to the Moon

  • Lebanon’s health sector is about to collapse: WHO

    Lebanon is undergoing one of the worst economic crises in the world, with economists predicting that hyperinflation is imminent in...

    Basic and life-saving medicines are in short supply, with restrictions in foreign currency severely limiting import

    This has been caused by the Lebanese pound losing 90 percent of its purchasing power since end-2019, and subsequent government policies

  • New Iraq project to reduce flaring at oilfields, consolidate gas production

    The new project, signed in 2017 with oil services company Baker Hughes, will eventually allow 200 million cubic feet of...

    The implementation of the project and the gas exploitation may have to wait 30 months for the completion of infrastructure works

    The amount of gas torched in Iraq annually reached 17.37 million cubic metres last year, says the World Bank

  • SpaceX all-civilian orbital crew completes mission

    Jared Isaacman, who financed the trip with a goal of making space a bit more accessible, said it was heck...

    Jared Isaacman, who financed the trip with a goal of making space a bit more accessible, said it was heck of a ride

    The stated goal of the mission, called Inspiration4, was to encourage the democratization of space

  • Scientist makes whitest paint; it might reduce AC bill!

    Its inventor said this paint was used to cover a roof area of about 1,000 square feet, it could give...

    The paint has a reflectivity of 98.1 percent, as compared to most white paints that have a reflectivity of 80-90 percent

    This means it can reflect heat and light better, which will continue to cool whatever it is coating

  • Dubai Police to use AI to secure Expo 2020

    This would include monitoring visitors for safety from the moment of their arrival to the UAE until they reach the...

    The Dubai authorities have already taken several other steps to secure Expo 2020

    This is especially after it has already been delayed by a year due to the Covid-19 pandemic

  • UN needs another $100trn for SDGs

    The Force for Good initiative has said the UN has funding gap of $84-101 trillion in achieving the SDGs.

    The 17 SDGs are goals that the UN set forward in 2015, which would be accepted by all its members states, to build a better planet

    They include, but are not limited to goals like No Poverty, Zero Hunger, Good Health and Well Being, Quality Education, and Gender Equality

  • World on path to 2.7C warming, warns UN chief

    Instead of the reductions needed to avoid the worst effects of climate change, global emission are likely to see "a...

    The figure would shatter the temperature targets of the Paris climate agreement

    Under the landmark 2015 Paris deal, nations have committed to slash emissions

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