INSEAD Day 4 - 728x90

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

TECOM profit up 9%

Revenue, occupancy drive earnings higher

DAE H1 profit $229m

Growth triggered by higher earnings, stron cash flow

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.

Trump vows revenge after troops in Syria killed in alleged IS ambush

The deadly attack had been "an ambush by a lone ISIS gunman," who was "engaged and killed," US Central Command...
  • Trump called it "an ISIS attack against the US, and Syria, in a very dangerous part of Syria, that is not fully controlled by them."
  • The incident is the first of its kind reported since Islamist-led forces overthrew longtime Syrian ruler Bashar al-Assad in December last year

US envoy Witkoff to meet Zelensky, Europe leaders in Berlin at weekend

US President Donald Trump's special envoy will meet with Ukraine's Volodymyr Zelensky and other European leaders in Berlin this weekend,...
  • Ukrainian officials said they recently sent Washington an updated plan building on Trump's original 28-point peace proposal to end the war
  • Trump's plan, publicly revealed last month, was accused of echoing Moscow's key demands, including Ukraine giving up crucial territory to Russia

Qatar announces $430 mn in support for Lebanon

A visiting Qatari official on Monday announced a multi-million dollar aid package for Lebanon, primarily to support the country's crumbling...

Latest News

US could run Venezuela, tap its oil for years, Trump says less than a week after toppling Maduro

The United States could run Venezuela and tap into its oil reserves for years, President Donald Trump said in an...

Some food preservatives linked to higher cancer, diabetes risk

Paris, France -- Eating some common food preservatives is linked to a slightly higher risk of eventually developing cancer and...

Yemen separatist leader fled to UAE: Saudi-led coalition

Aidaros Alzubidi was accused of high treason and removed from Yemen's Presidential Leadership Council on Wednesday, while the coalition bombed...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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US energy secretary says will control Venezuelan oil sales ‘indefinitely’

US Energy Secretary Chris Wright said Wednesday that Washington will control sales of Venezuelan oil "indefinitely," a day after President...
  • Trump said Tuesday that 30–50 million barrels of Venezuelan crude will be shipped to US ports, with the revenue under his control
  • On Saturday, US special forces snatched Maduro and his wife from Caracas and whisked them to New York to face trial on drug charges

Yemen separatists set for Riyadh talks after fighting: official

The leader of Yemen's separatists is heading to Riyadh on Tuesday for talks, a Yemeni official told AFP, after days...
  • Saudi Arabia had called for talks between the Yemeni factions in Riyadh at the request of Yemen's government
  • The Saudi-organised talks indicate the beginning of de-escalation efforts after clashes in Yemen's government-run areas

Venezuelan parliament swears in interim president after Maduro’s ouster

Venezuela's parliament swore in Delcy Rodriguez as interim president on Monday, two days after US forces seized her predecessor Nicolas...
  • Rodriguez, who has indicated she will cooperate with Washington, took the oath of office during a ceremony in the National Assembly
  • Parliament denounced the capture of leftist leader Maduro while vowing support for his stand-in Rodriguez after the US military attack