INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Meta buys China-founded AI agent Manus

Singapore, Singapore -- Facebook owner Meta has agreed to acquire Manus, an artificial intelligence agent created by a company founded...
  • However, analysts warned the deal could fall foul of regulators at a time of fierce technological rivalry between Washington and Beijing.
  • Exceeding the capabilities of AI chatbots like ChatGPT, AI agents can autonomously perform complex tasks for users, and are seen as having huge potential.

Saudi Arabia condemns ‘dangerous’ UAE moves in Yemen after striking shipment

Riyadh also backed a demand from Yemen's presidential council for Emirati forces to withdraw from the country within 24 hours,...
  • In recent weeks, separatists backed by the UAE seeking to revive the formerly independent state of South Yemen have made sweeping territorial gains in a lightning offensive.
  • The UAE said "the shipment in question did not contain any weapons, and the vehicles unloaded were not intended for any Yemeni party."

Netanyahu to meet Trump in Florida for talks on Gaza peace plan, Iran

Israeli Prime Minister Benjamin Netanyahu will meet Donald Trump in Florida on Monday, with the US president pushing to move...
  • Netanyahu is also expected to try to shift some focus onto Iran, amid reports he will call for more US strikes on the Islamic republic
  • He will bring up the "danger Iran poses not only to the region of the Middle East, but the United States as well," Israeli spokeswoman said

Somali president to visit Turkey after Israeli recognition of Somaliland

Somalia's president is to visit close ally Turkey on Tuesday following Israel's recognition of the breakaway territory of Somaliland, Turkey's...
  • Turkey denounced Israel's recognition of Somaliland, a self-proclaimed republic, calling it "overt interference in Somalia's domestic affairs"
  • Ankara, a close ally of Somalia, provides military and economic assistance to the country that has been devastated by civil war

China says to launch digital currency action plan

Beijing, China -- China will on January 1 launch an "action plan" for boosting management and operations of its digital...
  • The "action plan" will see banks pay interest on balances held by clients in digital yuan -- a move to incentivize broader adoption of the currency.
  • The plan also includes a proposal to establish an international digital yuan operations centre in the eastern financial hub of Shanghai, the report said.

Emirates mining company challenges Guinea license withdrawal

Dakar, Senegal -- Mining company Axis International said Monday it was seeking World Bank arbitration against Guinea for withdrawing its...
  • Guinea, which has been run by a junta since a coup in 2021, has cancelled dozens of licences for international and domestic companies mining bauxite, gold, iron ore or diamonds.
  • had operated Guinea's second-biggest bauxite mine with estimated reserves of more than 800 million tons since 2010.

France’s screen siren Brigitte Bardot dies at 91

Saint-Tropez, France - French film sensation Brigitte Bardot, a symbol of sexual liberation in the 1950s and 1960s who reinvented herself...
  • Tributes were paid to the star who was known as "BB" in her home country, with Macron calling her a "legend" of the 20th century
  • Bardot became a global star after appearing in "And God created Woman" in 1956, and went on to appear in about 50 more movies

Israel’s recognition of Somaliland ‘threat’ to regional stability: Somali president

Somaliland declared independence from Somalia in 1991 and has for decades pushed for international recognition. A self-proclaimed republic, it enjoys...
  • But it has been diplomatically isolated since its unilateral declaration of independence.
  • Egypt, Turkey, the six-nation Gulf Cooperation Council and the Saudi-based Organisation of Islamic Cooperation all condemned the decision.

A saint, a monk, a rock: Bulgaria’s euro coin designs

Sofia, Bulgaria -- Ancient rock art, a patron saint and a monk will be emblazoned on euro coins from Thursday,...
  • Bulgaria will become the 21st country to adopt the euro on Thursday.
  • The single currency first rolled out in 12 countries on January 1, 2002, and has since regularly extended its influence, with Croatia the last country to join in 2023.

Iraqis cover soil with clay to curb sandstorms

Samawah, Iraq -- Deep in Iraq’s southern desert, bulldozers and earthmovers spread layers of moist clay over sand dunes as...
  • Iraq has long suffered from sand and dust storms, but in recent years they have become more frequent and intense as the country falls prey to the effects of climate change.
  • Iraqi authorities have warned that these suffocating storms will intensify further, adding urgency to efforts to address the root of the problem.

Drones dive into aviation’s deepest enigma as MH370 hunt restarts

Washington, United States - Nearly 12 years after Malaysia Airlines flight MH370 vanished with 239 people on board, the search...

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Air India probe of Boeing 787 fuel control switches finds no issues

Mumbai, India - Air India's inspection of the locking feature on the fuel control switches of its existing Boeing 787...

Israeli airstrike kills five Palestinians in West Bank

Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...

Dubai roads, airport reel from floods after record rains

Power outages were reported around Dubai, which was dotted with flooded areas and submerged and abandoned cars. One road tunnel...

Heavy storms soak Gulf as Oman toll rises to 18

Flooding hit many areas of Dubai and Abu Dhabi, the UAE capital, and cut off major roads, snarling traffic and...

Number of journalists killed on job in 2023 declines despite Gaza: RSF

In the first 11 months of 2023, 45 journalists were killed carrying out their work, down from 61 last year,...

Netanyahu to meet Trump in Florida for talks on Gaza peace plan, Iran

Israeli Prime Minister Benjamin Netanyahu will meet Donald Trump in Florida on Monday, with the US president pushing to move...

Somali president to visit Turkey after Israeli recognition of Somaliland

Somalia's president is to visit close ally Turkey on Tuesday following Israel's recognition of the breakaway territory of Somaliland, Turkey's...

China says to launch digital currency action plan

Beijing, China -- China will on January 1 launch an "action plan" for boosting management and operations of its digital...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

France’s screen siren Brigitte Bardot dies at 91

Saint-Tropez, France - French film sensation Brigitte Bardot, a symbol of sexual liberation in the 1950s and 1960s who reinvented herself...
  • Tributes were paid to the star who was known as "BB" in her home country, with Macron calling her a "legend" of the 20th century
  • Bardot became a global star after appearing in "And God created Woman" in 1956, and went on to appear in about 50 more movies

Israel’s recognition of Somaliland ‘threat’ to regional stability: Somali president

Somaliland declared independence from Somalia in 1991 and has for decades pushed for international recognition. A self-proclaimed republic, it enjoys...
  • But it has been diplomatically isolated since its unilateral declaration of independence.
  • Egypt, Turkey, the six-nation Gulf Cooperation Council and the Saudi-based Organisation of Islamic Cooperation all condemned the decision.

A saint, a monk, a rock: Bulgaria’s euro coin designs

Sofia, Bulgaria -- Ancient rock art, a patron saint and a monk will be emblazoned on euro coins from Thursday,...
  • Bulgaria will become the 21st country to adopt the euro on Thursday.
  • The single currency first rolled out in 12 countries on January 1, 2002, and has since regularly extended its influence, with Croatia the last country to join in 2023.