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Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.
  • Attack on Gaza’s Rafah inevitable, says Israeli PM

    Israeli Prime Minister Benjamin Netanyahu vowed to send ground forces into Gaza's southern Rafah city. The right-wing premier, whose security and war cabinets were also due to discuss latest international efforts towards a truce deal, stressed that "no amount of international pressure will stop us from realizing all the goals...