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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%.
  • Boursa Kuwait launches ESG reporting guide

    Through it, the bourse aims to drive the embrace of Corporate Sustainability in the Kuwaiti capital market.

    The guide will introduce the ESG universe to companies listed on the stock exchange

    It will also highlight the benefits of ESG disclosure and best practices

  • UAE, Brazil discuss cooperation in space field

    UAE’s Ambassador to Brazil, Saleh Ahmed Al Suwaidi, discussed the ties with Brazilian space agency AEB’s President Carlos Moura. He...

    The two countries discussed various possible areas for cooperation in the space sector

    Brazil also thanked the UAE for its inclusion of space-science topics in Expo 2020 Dubai

  • Success rocks: NASA’s US$2.75bn Perseverance ‘pays’

    The rover succeeds in its second attempt to scoop up a piece of Martian rock for future analysis by scientists...

    The rover succeeds in its second attempt to scoop up a piece of Martian rock for future analysis by scientists on Earth

    Perseverance, NASA's latest Mars rover, had landed on the planet's Jezero crater in February

  • Global cost of dementia to cross $1.7trn by 2030

    The disease, which robs people of their "memories, independence and dignity", is on the rise worldwide but few countries are...

    Figure is set to rise to 78 million by 2030 and 139 million by 2050 as the population grows older

    Yet only a quarter of countries worldwide have a national strategy for supporting people with dementia and their families

  • Depleting seagrass: Experts sound alarm

    Named posidonia oceanica -- or "Neptune grass" -- for the Greek god of the seas, the plant covers at least...

    Named posidonia oceanica -- or "Neptune grass" -- for the Greek god of the seas, the plant covers at least one million hectares of the Mediterranean seabed

    Neptune grass meadows have long fallen prey to boating activity, with official figures estimating some 7,500 hectares in damage along the French coastline alone

  • Yemen receives first shipment of J&J Covid vaccine

    Yemen is desperately short of Covid vaccines to inoculate its population, with as little as one percent of its population...

    This shipment is the first batch of a total of 504,000 doses

    Roughly one percent of the population is vaccinated

  • Abu Dhabi directs residents to take Covid booster shots

    Residents of Abu Dhabi have been directed to take a booster shot of the Sinopharm Covid vaccine by September 20,...

    The booster dose must be taken to enhance immunity and comply with approved health protocol

    Those who don’t receive the third jab will lose their green status on the UAE’s Al-Hosn App

  • Water woes push GCC leaders to act

    The Arab world may be awash in oil and other minerals, but it is lacking in that one commodity upon...

    The GCC region is suffering from a water deficit of 20 billion cu m as of 2018 and it is likely to touch 50 billion cu m by 2030

    This has made water more precious than the fossil fuels in the region and several companies are engaged in mineral water production

  • UAE begins Unit 2 of Barakah Nuclear Power Plant

    The United Arab Emirates has unveiled Unit 2 of the Barakah Nuclear Energy plant, located in Abu Dhabi’s Al Dhafra...

    Unit 2 will be connected to the national electricity grid in the coming months

    When fully operational, the four units of the plant will produce 5.6 GW of electricity while preventing the release of more than 21 million tons of carbon emissions every year

  • Could bats hold the secret to healthy ageing?

    Experts are studying the exceptional longevity of bats in the hope of discovering benefits for humans

    Experts are studying the exceptional longevity of bats in the hope of discovering benefits for humans

    Bats not only live longer than other animals of their size, they also stay healthy longer

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