The UN agency claims that Israel is blocking an aid mission to northern Gaza Israel has consistently denied aid convoys to northern Gaza, according to the UN agency for Palestine refugees (UNRWA). Food shortages are worst in northern Gaza, where Israel focused its military offensive in the early days of the war. Israeli authorities vetoed at least 27 of 81 …
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‘Destruction like an earthquake.’ Palestinians return after Israeli forces withdraw from Nuseirat, in central Gaza Dozens of Palestinians visited the central Gaza neighborhood of Nuiserat last week, after Israeli forces withdrew. CNN footage shows the interior of a destroyed building sliced by the bombing, as men and boys in slippers stand atop a large pile of debris. A Palestinian child …
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Israeli airstrikes destroyed the top three floors of a building in Gaza City, in northern Gaza Israeli bombing demolished the top three floors of the Al-Sahaba building in Gaza City, in the northern part of the enclave, on Monday. Footage from the attack showed Israeli airstrikes hitting the eight-storey tower, igniting fireballs and creating huge plumes of smoke. The strike …
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Israeli forces killed two Hezbollah operatives in southern Lebanon Israel’s military said it killed two members of the Iran-backed Hezbollah militant group in southern Lebanon. The Israel Defense Forces (IDF) attacked and killed Hussein Ali Azkul, who it described as “an important terrorist operative” in Hezbollah’s Air Defense Unit, in southern Lebanon. Azkul “was involved in the planning and execution …
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US new home sales surged in March despite rising mortgage rates Sales of newly built single-family homes in the United States surged in March even as mortgage rates remained raised that month. New home sales, which make up about 10% of the market, jumped 8.8% last month to a seasonally adjusted annual rate of 693,000, according to government figures released …
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After Tesla’s sales slump, layoffs and other problems, this is an important earnings report Tesla has had a very bad year so far. Investors will get a sense of just how bad it is after the company reports earnings and offers comments to investors after the bell today. So far this year Tesla shares have fallen 43% at the close …
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PIF, STC to form the largest telecom tower firm in the region Saudi Arabia’s sovereign wealth fund PIF has agreed to buy a 51% stake in Telecommunication Towers Company Ltd (TAWAL) from STC Group, paving the way for the creation of the region’s largest telecommunications tower company, PIF and STC said on Monday. Under the agreement, PIF and STC will …
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The auto industry demands immediate government support The local automotive industry has urged the new government to immediately implement measures to support the sector and restore investor confidence in Pakistan. “Currently, as many as 13 local brands collectively produce more than 40 models with a total capacity of 500,000 units per year,” said Abdul Rehman Aizaz, Chairman of the Pakistan …
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ARL cuts output to 33% as smuggling bites Attock Refinery Limited (ARL) has become the first victim of smuggled petroleum products as the refinery on Monday shut down its main distillation unit, reducing its capacity to just 33%, due to a backlog of unsold diesel stocks. Oil industry sources warned that other refineries may also close their units if uncontrolled …
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