Israeli air strikes in Lebanon’s city of Baalbek kill one
A security source said Israeli aircraft targeted a former Hizbollah building near Dar Al Amal Hospital, adding that Israel "conducted another raid on a warehouse west of Baalbek". Strikes have largely remained confined to border regions, but several have hit Hizbollah positions further north in recent weeks
border
TAQA Q1 net income $571m
Net income fell $2.58bn due to one-off items recognized in 2023.
QatarEnergy buys stake in Egypt blocks
It did not disclose the cost of the agreement.
TSMC’s April revenue up 60%
It capitalized on huge wave of demand for chips used in AI hardware.
Etihad reports record Q1 profit
Total revenue increased by $269 million in the same period.
Aramco Q1 profit down 14.5%
Despite lower profit, it will pay $31bn in dividends to Saudi government.