Israeli military strikes targets in southern Beirut

The Israeli military early on Friday carried out strikes on targets in southern Beirut for the first time in nearly a week. At least 11 airstrikes have hit the district of Dahiyeh from about 2 am (0000 GMT), according to Lebanese security sources and e…

Amazon’s Q3 profit up more than 50% to $17.4 billion

Amazon, the world’s largest online retailer, on Thursday posted $17.4 billion in operating profit in the third quarter – an annual increase of more than 50% and significantly higher than expectations. And, the anticipates a noticeable increase in opera…

Humbert stuns Alcaraz to reach quarter-finals in Paris

Ugo Humbert caused a major upset in the Paris Masters, defeating world number two Carlos Alcaraz 6-1, 3-6, 7-5 in front of a home crowd late on Thursday. The 26-year-old Frenchman will next face Jordan Thompson in the quarter-finals, after the Australi…

Boeing now offering striking workers 38% pay rise

US aircraft manufacturer Boeing has made an improved offer to thousands of striking workers, including a 38% pay rise over four years, the IAM trade union said on Thursday. The trade union’s 33,000 members at Boeing will be asked to vote on the proposa…

Intel delights stock market with revenue forecast

Struggling US chip-maker Intel has positively surprised Wall Street with its revenue forecast for the current quarter on Thursday. The company’s shares, which have been badly shaken in recent months, rose by around 10% at times in after-hours US tradin…

Apple posts $14.7bn net income despite EU tax bill

Apple on Thursday posted a net income of $14.7 billion in the past quarter despite a huge tax bill in Ireland, a significant decline compared to the nearly $23 billion posted a year ago. Meanwhile, the iPhone maker’s total net sales rose 6% year-on-yea…