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

Disney to debut rest of 2021 films in cinemas first

The decision was eagerly awaited by traditional cinemas after the entertainment giant recently chose to release a series of big...
  • The decision was eagerly awaited by traditional cinemas after the entertainment giant recently chose to release a series of big productions such as "Black Widow", "Jungle Cruise"
  • The animated film "Encanto" will be released on the big screen on November 24 and will not appear on Disney's on-demand video platform until December 24

Lanzone is new Yahoo boss

Yahoo has been gradually supplanted by titans like Google
  • Yahoo has been gradually supplanted by titans like Google and was bought this year by private equity firm Apollo Global Management in a deal for Verizon's media properties.
  • Yahoo remains popular with internet users, particularly for its financial and sports news, and claims 900 million monthly users.

Businessman Aziz Akhannouch to head Morocco’s government

The king appointed Akhannouch "head of the government and tasked him with forming a new government", following Wednesday's polls, a...
  • The RNI won 102 of parliament's 395 seats, thrashing the moderate Islamist Justice and Development Party (PJD), which took just 13 seats
  • Akhannouch has hailed "the popular will for change", calling the results "a victory for democracy."

Apple ordered to loosen app payment system

Epic had launched the case to break Apple's grip on App Store.
  • The order says Apple is permanently barred from prohibiting developers from including in their apps "external links or other calls to action that direct customers to purchasing mec
  • The case aims to break Apple's grip on the App Store, and the ruling could have far-reaching consequences across the digital economy

Mars rocks boost case for ancient life

The six-wheeled robot collected its first sample, dubbed "Montdenier" on September 6, and its second, "Montagnac" from the same rock...
  • The six-wheeled robot collected its first sample, dubbed "Montdenier" on September 6, and its second, "Montagnac" from the same rock on September 8
  • Both samples, slightly wider than a pencil in diameter and about six centimeters long, are now stored in sealed tubes in the rover's interior.

US praises Taliban for Afghanistan evacuation

The United States on Thursday praised the Taliban as businesslike and cooperative in facilitating the first evacuation of Americans from...
  • A round-the-clock airlift in the final two weeks of the war shuttled more than 123,000 people
  • “The Taliban have been cooperative in facilitating the departure of American citizens and lawful permanent residents”

Facebook, Ray-Ban debut ‘smart’ shades

Facebook is wading into a market that has already seen 2013's Google Glass, which sparked a privacy backlash over built-in...
  • The "Ray-Ban Stories" shades can take pictures and video upon the wearer's voice commands, and the frames can connect wirelessly to Facebook's platform through an app
  • Notably, the Ray-Ban Stories glasses will not have augmented reality features -- technology that can mesh online computing with visual cues such as mapping or face recognition

AstraZeneca: Nerve disorder a rare side effect

The European Medicines Agency has listed the neurological disorder Guillain-Barre syndrome, which can cause temporary paralysis, as a "very rare"...
  • Guillain-Barre Syndrome was a "very rare" side effect, occurring in under one in 10,000 people
  • The disorder is a nerve inflammation that may cause temporary paralysis and difficulty breathing

Two decades after 9/11, Saudi Arabia seeks economic reform, softer image

Women can drive and cinemas have reopened in the "new" Saudi Arabia under crown prince and de facto ruler Mohammed...
  • Women can drive and cinemas have reopened in the "new" Saudi Arabia under crown prince and de facto ruler Mohammed bin Salman
  • MBS as crown prince is called, has brought a string of economic, social and religious changes

Bitcoin in El Salvador: How will it work?

Bitcoins are loaded onto digital wallets and accessed via a mobile app. To download the wallet, one needs a Salvadoran...
  • Bitcoins are loaded onto digital wallets and accessed via a mobile app. To download the wallet, one needs a Salvadoran ID document
  • To draw or deposit cash (in dollars), the government has erected 200 Chivo automatic teller machines countrywide

UN declares Gaza the hungriest place on earth, says entire population risks famine

Negotiations to end nearly 20 months of war have so far failed to achieve a breakthrough, with Israel resuming operations...

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Top global leaders to attend WEF meet amid Gaza, Ukraine war

Paris, France - US Secretary of State Antony Blinken, Israeli President Isaac Herzog and Middle East leaders will attend a World...

2023 hottest recorded year as Earth nears critical threshold

PARIS, FRANCE - The year of 2023 was the hottest on record, with the increase in Earth's surface temperature nearly crossing...

GSK to buy Aiolos Bio

The focus is on an asthma medication still at the testing stage.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Tokyo’s Nikkei climbs to its highest level since Mar 1990

Tokyo, Japan - Tokyo stocks closed higher on Tuesday on the back of gains in US tech stocks, pushing the Nikkei...
  • The benchmark Nikkei 225 index climbed 1.16 percent, or 385.76 points, to end at 33,763.18
  • In Tokyo trading, chip-linked shares were higher with Advantest surging 6.04 percent to 4,945 yen

Boost investment to avert ‘decade of wasted opportunity’: World Bank

Global growth is set to slow from an estimated 2.6 percent in 2023 to 2.4 percent this year, 0.75 percentage...
  • Growth in advanced economies is expected to slow to just 1.2% this year, while emerging market and developing economies should see growth ease slightly to 3.9%.
  • After seeing reasonable growth in 2023, the United States and China -- the world's two largest economies -- are both likely to slow in the year ahead, the World Bank said.

Nakilat expands its fleet

The Qatari firm placed orders for 6 carriers with HSHI.
  • Upon delivery, Nakilat's LNG fleet will expand to 71 vessels, and the LPG fleet will grow to eight vessels with the addition of the four new vessels.
  • The orders include two cutting-edge LNG carriers with a cargo capacity of 174,000 cum each and four modern Very Large LPG/ Ammonia Gas carriers.