INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

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.

Netflix boss promises Warner Bros films would still be seen in cinemas

Netflix will continue to distribute Warner Bros. films in cinemas if its takeover bid for the storied studio is successful,...
  • "We're going to continue to operate Warner Bros. studios independently and release the movies traditionally in cinema," chief executive Ted Sarandos said
  • In early December, Netflix announced that it had reached an agreement with Warner Bros. Discovery (WBD) to acquire most of the group for $83 billion

US unemployment rises further, hovering at highest since 2021

A deteriorating jobs market could nudge the central bank to lower rates further to boost the economy, despite some policymakers'...
  • The report underscoring a labor market cooldown in the world's biggest economy said the economy lost 105,000 jobs in October.
  • Hiring picked up again in November to 64,000, but this was still a slower pace than before.

First European Union airline flight in 35 years lands in Baghdad

Baghdad, Iraq -- Iraq's transport ministry said Tuesday that a flight operated by Greece's Aegean Airlines had been the first...
  • European airlines have not operated direct flights to Baghdad International Airport for security reasons since the early 1990s, when Saddam Hussein invaded Kuwait.
  • But, after decades of turmoil, Iraq has recently begun to regain a sense of stability and the government is striving to attract foreign investment to bolster the country's economy.

Israeli army to demolish 25 residential buildings in West Bank camp: local authorities

The Israeli army is to demolish 25 residential buildings in the north West Bank's Nur Shams refugee camp later this...
  • In early 2025, Israel's military launched an operation it says is aimed at rooting out Palestinian armed groups from refugee camps
  • During the operation, Israel has destroyed hundreds of houses in the dense network of alleys that make up the refugee camps

Ukraine hails ‘real progress’ in Zelensky’s talks with US envoys to end the war with Russia

Kyiv's negotiator Rustem Umerov wrote on social media that the marathon diplomacy in the German capital had been "constructive and...
  • Ukraine hopes to convince Washington that a ceasefire must be agreed without prior territorial concessions to Russia
  • Trump has pushed strongly for an end to the war but an initial 28-point plan last month was seen as favouring Moscow's position

Deja vu? Trump accused of economic denial and physical decline

Washington, United States -- An aging president faces poor poll numbers and suspicions about his health but insists that America...
  • According to a poll by the University of Chicago for the Associated Press, published Thursday, only 31 percent of Americans are satisfied with Trump's economic policy.
  • Like his predecessor, Trump today is trying to steer some of consumers' discontent toward big corporations suspected of inflating prices.

Hamas says weapons are ‘legitimate right’, open to proposals that preserve it

"Resistance and its weapons are a legitimate right guaranteed by international law and are linked to the establishment of a...
  • "We are open to studying any proposals that preserve this right while guaranteeing the establishment of a Palestinian state."
  • The US-sponsored ceasefire, in effect since October 10, remains fragile as Israel and Hamas accuse each other almost daily of violations.

Gunmen kill 11 at Jewish festival on Australia’s Bondi Beach, one of the biggest tourist draws

Police declared the shooting a "terrorist incident" and said they had found suspected "improvised explosive devices" in a vehicle near...
  • The shooting took place during an anncual "Hanukkah by the Sea" event at Bondi Beach which police said was attended by over a thousand people
  • Prime Minister Benjamin Netanyahu accused Australia's government of having fuelled anti-Jewish sentiment in the period leading up to the shooting

Algeria include son of Zinedine Zidane in AFCON squad

Goalkeeper Luca Zidane, a son of France football icon Zinedine Zidane, was named on Saturday in the Algeria squad for the...
  • The 27-year-old plays for Spanish second-tier club Granada and represented France at youth level before switching his international allegiance to Algeria
  • "I'm sure the players will arrive highly motivated and ready to play in this AFCON," said Algeria coach and former Switzerland coach Vladimir Petkovic after announcing the squad

China’s smaller manufacturers look to catch the automation wave

Yancheng, China -- In a light-filled workshop in eastern China, a robotic arm moved a partially assembled autonomous vehicle as workers...
  • China is already the world's largest market for industrial robots.
  • The first essentially humanless factories are already in operation.

Iran president says ‘rioters’ must not disrupt society

Pezeshkian accused the United States and Israel of "trying to escalate this unrest with regard to the economic discussion and...

Latest News

Norway closes in on objective of 100 percent electric car sales

Oslo, Norway -- Norway came close to its objective of selling only zero-emission cars in 2025, with electric vehicles accounting...

Seven killed as Saudi coalition strikes UAE-backed forces in Yemen

Following the strikes, a military spokesman for the STC said it was in a "decisive and existential" war with Saudi-backed...

Somaliland denies it will host Palestinians, Israeli base

The breakaway region of Somaliland on Thursday denied allegations by the Somali president that it would take resettled Palestinians or...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Yemen separatists say Saudi-backed forces to deploy in seized territories

A surprise STC offensive seizing resource-rich Hadramawt and Mahra has pushed the UAE and Saudi Arabia, officially allies in Yemen,...
  • On Tuesday, the Saudi-led coalition in Yemen struck what it said was a shipment of Emirati weapons destined for the separatists.
  • But a source close to the Saudi government told AFP on Thursday that Saudi Arabia's security needs would only be met if the STC "move out of Hadramawt and Mahra".

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...
  • Armed with cutting-edge deep-sea robots, US investigators are scouring the seabed for clues that have eluded governments
  • The Malaysian government has given the green light for a fresh attempt led by Texas-based marine robotics firm Ocean Infinity

Israel’s Mossad tells Iranian protesters ‘we are with you’

Israel's Mossad spy agency issued a direct call urging Iranians to press on with protests, saying it was supporting them...
  • Protests that began on Sunday with Tehran shopkeepers rallying against Iran's worsening economy have spread to other cities
  • The Iranian rial has dropped against the US dollar and other world currencies, forcing up import prices and hurting retail traders