INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

US Fed set to hold rates steady as it guards against inflation

Washington, United States - The US central bank is expected to hold interest rates steady Wednesday after its key policy...

Economy

Cross-border payments and financial inclusion drive stablecoin popularity

London, United Kingdom -- Stablecoins -- a form of cryptocurrency backed by traditional assets -- are gaining traction, with the...

Business
Geostrategy

Eleven years since revolt , Libya transition grinds on

Libyans on Thursday mark 11 years since the revolt that toppled dictator Moamer Kadhafi, but the democracy many hoped for...
  • Former interior minister Fathi Bashagha won the support of Tripoli-based High State Council after east-based parliament to become the new Prime Minister of the country
  • UN appointed Prime Minister Abdulhamid Dbeibah has insisted that he will hand over power to an elected government
Geostrategy

France warns Iran only days left to agree nuclear deal

"It is not a question of weeks, it is a question of days," French Foreign Minister Jean-Yves Le Drian told...
  • "It is not a question of weeks, it is a question of days," French Foreign Minister Jean-Yves Le Drian told the Senate
  • Iran has called on the US Congress to say that Washington would commit if an agreement on nuclear talk is reached in Vienna
Arts & Culture

Kuwait army allows women in combat roles, but without guns

Head of Kuwaiti Women's Cultural and Social Society has vowed legal action against ministry's restrictions while calling them discriminatory and...
  • Kuwaiti women condemned military and defense ministry over banning female soldiers from carrying weapons, called the policy "one step forward, two steps back"
  • Head of Kuwaiti Women's Cultural and Social Society has vowed legal action against ministry's restrictions while calling them discriminatory and unconstitutional
Business

Israel strikes town south of Damascus: Syrian state media

This is the second Israeli aerial strike on Syria this month, after the Jewish state targeted anti-aircraft batteries on February...
  • This is the second Israeli aerial strike on Syria this month, after the Jewish state targeted anti-aircraft batteries on February 9
  • "The shelling targeted a regime military post," Rami Abdel Rahman, who heads the Syrian Observatory for Human Rights, told AFP
Business

Google to overhaul ad tracking system on Android devices

Google announced plans Wednesday to limit ad tracking on its Android operating system running on billions of devices, a sensitive...
  • Apple has about 50 percent of the US smartphone market while Google's Android software is used on roughly 85 percent of smartphones globally
  • At present, the internet search giant assigns an identity to Android-powered devices, which enables advertisers to have a profile of people's online habits
Geostrategy

Iran calls for US ‘political statement’ on nuclear deal

Iran urged the US Congress on Wednesday to issue a "political statement" that Washington will stay committed to a possible...
  • The accord offered Tehran sanctions relief in exchange for curbs on its nuclear program, but then US president Donald Trump unilaterally withdrew from it in 2018.
  • The talks in the Austrian capital resumed in late November after a pause following the June election of President Ebrahim Raisi.
Economy

Markets rally on hopes for easing Russia-Ukraine tensions

While not verified, the claims by Russia provided some much-needed relief for investors, who had grown increasingly fearful of a...
  • While not verified, the claims by Russia provided some much-needed relief for investors, who had grown increasingly fearful of a conflict in Eastern Europe
  • The mood lifted after Russia's defence ministry said some of the more than 100,000 soldiers amassed around Ukraine in recent weeks had started to return
Science

Strong protection for babies born to Covid-vaccinated moms: study

The CDC carried out a study involving 379 babies aged up to six months, who were hospitalized in 20 pediatric...
  • Babies born to mothers vaccinated during pregnancy were less likely to be hospitalized with severe Covid
  • A baby who died because of Covid during the research was born to a mother who was not vaccinated
Business

Facebook co-workers now ‘Metamates’ as image evolves

Zuckerberg shared his note to employees on his Facebook page, the revamped credo coming on the heels of the internet...
  • Zuckerberg shared his note to employees on his Facebook page, the revamped credo coming on the heels of the internet giant being renamed Meta in October
  • "As we build the next chapter of our company as Meta, we just updated the values that guide our work," Zuckerberg wrote
Business

Online privacy and profit clash with fortunes at stake

At the heart of the issue is how much internet companies should know about people's online lives, which is key...
  • Facebook and Google have faced steadily stricter rules since the EU passed a data privacy law in 2018
  • This law requires firms to seek direct consent of users before installing cookies on their computers

US Fed set to hold rates steady as it guards against inflation

Washington, United States - The US central bank is expected to hold interest rates steady Wednesday after its key policy...
Economy

Company News

Latest News

Butter chicken battle hits Indian court

Moti Mahal, one of the city's oldest restaurant chains, accuses rival of falsely taking credit for inventing the marinated chicken...
Arts & Culture

Israel bombs Rafah crowded with 1 million Palestinians

US Secretary of State Antony Blinken left Israel without securing a pause in fighting, wrapping up his fifth crisis tour...
Geostrategy

Disney profit beats forecasts

The company is looking to tap into the passion for video games.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Gucci owner says profit fell 17%

Sales retreated 4 percent to 19.57 billion euros.
  • Kerin reported a 17 percent drop in net profit to $3.2 billion
  • Sales of the Gucci owner retreated four percent to 19.57 billion euros

Shipping giant Maersk’s profit sinks

The company warned of "uncertainty" due to Houthi attacks.
  • Maersk said its net profit reached $3.8 billion last year, slightly more than forecast by analysts but down sharply from the $29.2 billion logged in 2022
  • The group lowered its 2024 forecast for its core profit -- earnings before interest, tax, depreciation and amortization -- to a range of between $1 billion and $6 billion

Pakistanis vote with Khan in jail, Sharif tipped to win

The Pakistan Muslim League-Nawaz (PML-N) is expected to win the most seats in Thursday's vote, with analysts saying its 74-year-old...
  • Adding to the concerns about the integrity of the vote, authorities announced just before polls opened that they had suspended mobile telephone services across the country
  • Pollsters had predicted a low turnout from the country's 128 million eligible voters following a lacklustre campaign overshadowed by the jailing of former prime minister Imran Khan