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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.
  • UN warns of ‘hellish scenario’ as aid to Gaza stalls

    According to Lynn Hastings, UN humanitarian coordinator for the Palestinian territories, the conditions required to deliver aid to "the people of Gaza do not exist." He said that since the end of truce, Israeli forces have pushed into southern Gaza, "forcing tens of thousands... into compressed spaces, desperate to find...