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.

Saudi powers forward with deficit spending to fund reforms

The Arab world's largest economy is overseeing a major push to slash its dependence on oil revenues, with officials pouring...
  • The state's general budget for 2026 would have total expenditures of 1.313 trillion riyals (350.1 billion dollars).
  • The projected deficit amounts to 3.3 percent of GDP, which is lower than the deficit of 245 billion riyals estimated for 2025.

Saudi powers forward with deficit spending to fund diversification of its oil-dependent economy

Saudi Arabia greenlit its 2026 budget Tuesday, projecting a deficit of 165 billion riyals ($44 billion) as the kingdom presses...
  • The Arab world's largest economy is overseeing a major push to slash its dependence on oil revenues, with officials pouring billions into projects to attract investment and tourism
  • The budget figures will be keenly watched by energy industry experts, with the hopes of gleaning insights into where Saudi Arabia expects oil revenues to head in the near future

If Europe wants war with Russia, ‘we are ready,’ says Putin as he meets US envoys over Ukraine deal

Washington has presented a 28-point draft to end the conflict, later amended after criticism from Kyiv and Europe, which viewed...
  • The comments came as US envoy Steve Witkoff and President Donald Trump's son-in-law Jared Kushner were in Moscow for high-stakes talks on ending the nearly four-year war
  • "They have no peaceful agenda, they are on the side of war," he added, repeating his claim that European leaders were hindering US attempts to broker peace in Ukraine

Amazon tests ‘ultra-fast’ deliveries in two US cities

San Francisco, United States - Amazon on Monday began testing "ultra-fast" deliveries in two US cities, giving some shoppers the...
  • Amazon is piloting its new “Amazon Now” feature in select neighbourhoods, offering items ranging from groceries to electronics
  • Delivery fees for the ultra-fast service start at $3.99 for Prime members and $13.99 for non-members

Bid by Netflix for Warner Bros Discovery signals streaming giant’s ambition to dominate global content production

Streaming giant Netflix has made a mostly cash offer to buy TV and film group Warner Bros Discovery as the...
  • Netflix joined Paramount Skydance and Comcast, the owner of NBCUniversal, in a second round of an auction that was being negotiated throughout the US Thanksgiving holiday
  • The parent company of HBO, CNN and the Warner Bros film studio officially put itself up for sale in October after receiving multiple unsolicited offers

Trump warns Israel not to ‘interfere’ in Syria, days after deadly operation killed 13 people

"It is very important that Israel maintain a strong and true dialogue with Syria, and that nothing takes place that...
  • "It is very important that Israel maintain a strong and true dialogue with Syria, and that nothing takes place that will interfere with Syria's evolution into a prosperous State,"
  • Trump spoke to Israeli Prime Minister Benjamin Netanyahu and invited him for another White House visit, Netanyahu's office said shortly after Trump issued the warning

Trump says US freeze on asylum decisions will last ‘a long time’

US President Donald Trump said Sunday his administration intends to maintain a pause on asylum decisions for "a long time"...
  • "We don't want those people," Trump said. "You know why we don't want them? Because many have been no good, and they shouldn't be in our country."
  • The Trump administration issued the pause in the aftermath of the shooting in Washington on November 26, that left 20-year-old Sarah Beckstrom dead and another guardsman wounded

Trump optimistic after Ukraine talks as Rubio says ‘more work’ needed to end war

US President Donald Trump said Sunday there was a "good chance" of a deal to end the war in Ukraine...
  • An initial 28-point US proposal -- drafted without input from Ukraine's European allies -- would have required Kyiv to withdraw from its eastern Donetsk region
  • A source close to the Kyiv delegation in Florida told AFP on Sunday that "the process is not easy because the search for formulations and solutions continues."

Pope urges Lebanese to stay in their country despite difficulties

Leo emphasized the need for peace, using the word more than 20 times during the address, without mentioning any specific...
  • Urging reconciliation, Leo noted that "there are personal and collective wounds that take many years, sometimes entire generations, to heal".
  • "If we do not work, for example, to heal memories, to bring together those who have suffered wrongs and injustice, it is difficult to journey towards peace," he said.

‘Dinosaur tartare’ and holograms: Dubai AI chef sparks awe and ire

Dubai, United Arab Emirates -- A Dubai restaurant has opened that prides itself on having the world's "first AI chef",...
  • The AI programme -- known as chef Aiman -- is trained on thousands of recipes and decades of culinary research and molecular gastronomy.
  • Chef Aiman can also optimise menus and balance flavours, according to the establishment.

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...

Latest News

Libyans united in grief for army chief killed in plane crash

General Mohammed al-Haddad and his four aides died on Tuesday after a visit to Ankara, with Turkish officials saying an...

Why metal prices are soaring to record highs

London, United Kingdom -- Precious and industrial metals are surging to record highs as the year ends, driven by economic...

Palestinian Authority says Israel tightening control over West Bank with new settlements

The Palestinian Authority condemned on Tuesday Israel's recent approval of 19 settlements in the occupied West Bank, accusing it of...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Gazans fear renewed displacement after Israeli strikes

Residents say the strikes have targeted neighborhoods east of the so-called Yellow Line -- a demarcation established under the truce...
  • Earlier this month, Israeli army chief Lieutenant General Eyal Zamir described the Yellow Line as the "new border line" with Israel.
  • For Palestinian officials, the line is seen as a tool for permanent displacement.

Kuwait signs $4.1 billion deal with China to build port

Kuwait City, Kuwait -- Kuwait has signed a deal worth $4.1 billion with China to complete the construction of a...
  • Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah project would "enhance Kuwait's share in the regional and international trade and global supply chain".
  • Chinese acting charge d'affaires Liu Xiang said the deal "constitutes participation in the 'belt and road' initiative".

Ex-Israeli PM accuses Netanyahu of ‘treason’ over alleged Qatar funding to his aides

Former Israeli premier Naftali Bennett, widely regarded as a leading contender in next year's legislative elections, called on Monday for...
  • Bennet's remarks followed a report which purportedly revealed conversations between Netanyahu's advisers in connection with the case
  • In April 2025, Netanyahu declared that Qatar was "not an enemy" of Israel, defending his two advisers who had been taken into custody