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

Erdogan pushes Putin on ‘limited ceasefire’ at ports, energy facilities in Russia-Ukraine war

Speaking on the sidelines of a summit in Turkmenistan, Erdogan told Putin that efforts to end the war were valuable,...
  • Erdogan's remarks came on the heels of several attacks on Russia-linked tankers in the Black Sea, some of which were drone attacks claimed by Kyiv
  • The attacks sparked harsh criticism from Ankara, which summoned envoys from both Russia and Ukraine, warning the strikes amounted to a "worrying escalation."

Israel says Hamas ‘will be disarmed’ after group proposes weapons freeze

Israel said Thursday that Hamas "will be disarmed" as part of the US-sponsored peace plan for Gaza, after a top...
  • Top Hamas leader Khaled Meshaal told Qatari news channel Al Jazeera that the militant group is open to a weapons "freeze", but rejects the demand for total disarmament
  • Shosh Bedrosian, spokeswoman for the Israeli prime minister's office, said "Israel will continue to follow the 20-point plan. There will be no Hamas inside of the Gaza Strip."

US launches pact for AI supply chains with key Asia-Pacific allies to face China

The United States signed an agreement on the supply chains with key Asia-Pacific allies concerned about China's growing clout --...
  • Dubbed the "Pax Silica," adapting the Latin terms for peace and silicon, a key material in AI, the partnership aims to secure supply chains
  • China has quickly taken a dominant position in the race for resources in the fast-growing area of artificial intelligence, mining around 70 percent of key rare earths

Trump demands CNN get new owners in Warner bidding war

US President Donald Trump said Wednesday that he wants to ensure CNN gets new ownership as part of the Warner...
  • Warner Bros Discovery has become the center of a bidding war between Paramount — led by CEO David Ellison, son of Trump ally Larry Ellison — and streaming giant Netflix
  • "I think any deal should — it should be guaranteed and certain that CNN is part of it or sold separately," Trump told business leaders Wednesday at the White House

Hamas proposes weapons ‘freeze’ in return for long-term truce: leader to Al Jazeera

A top Hamas leader told Qatari news channel Al Jazeera on Wednesday that the militant group is open to a...
  • "This is the idea we're discussing with the mediators, and I believe that with pragmatic American thinking... such a vision could be agreed," top Hamas leader Khaled Meshaal said
  • As for the international peacekeeping force, Meshaal said the group was open to its deployment along Gaza's border with Israel, but was against its operation inside Gaza

Trump says US will allow sale of Nvidia AI chips to China

Washington, United States - President Donald Trump said Monday he had reached an agreement with President Xi Jinping to allow...
  • "President Xi responded positively! $25% will be paid to the United States of America," Trump wrote, without providing details on how the payment mechanism would work
  • "We applaud President Trump's decision to allow America's chip industry to compete to support high paying jobs and manufacturing in America," an Nvidia spokesperson told AFP

UNRWA chief denounces Israeli police’s seizure of agency’s Jerusalem assets

The compound in Israeli-annexed east Jerusalem has been empty of UNRWA staff since January, when the law banning its operations...
  • "Today in the early morning, Israeli police accompanied by municipal officials forcibly entered the UNRWA compound in East Jerusalem," Philippe Lazzarini said on X
  • Lazzarini has been declared persona non grata by Israeli authorities, who banned his agency from operating inside the country early this year

AI tools help choose best embryos, increase success rate for IVF

Paris, France -- Artificial intelligence tools can now help choose the most promising embryos for in vitro fertilisation (IVF), although...
  • The facility in the French capital carries out more than 2,300 IVF procedures every year.
  • Tools using AI such as machine learning have been shown to help doctors select the embryos that have the best chance of being successfully implanted or frozen for later.

Saudi Arabia, Qatar sign high-speed rail deal to link capitals

The train would reach speeds exceeding 300 kilometers per hour and the trip would take roughly two hours between Riyadh...
  • A direct flight between the cities clocks in at around 90 minutes.
  • The project, set to be completed in six years, expects to serve 10 million passengers per year, the statement said.

Palestine, Syria celebrate reaching Arab Cup quarter-finals

Celebrations erupted on the pitch and in the stands in Doha on Sunday when both Palestine and Syria made it...
  • For both sides, reaching the knockout stage in the regional tournament hosted by Qatar was magnified by the all-too recent memory of conflict in their homelands
  • For both sides, reaching the knockout stage in the regional tournament hosted by Qatar was magnified by the all-too recent memory of conflict in their homelands

Gold tops $5,000 for first time on Trump policy unrest

While turbulence over Trump's ambitions for Greenland and pressure on the Federal Reserve have provided the most recent support for...

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Saudi strikes Yemen after separatist leader skips talks

A Saudi-led coalition struck the home province of Yemen's UAE-backed separatist leader on Wednesday, after he failed to show up...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Oil prices gain, as equities extend record run higher

Oil prices have experienced choppy trading since the surprise US raid Saturday on Caracas that saw Venezuelan president Nicolas Maduro...
  • Brushing off geopolitical concerns, some major stock markets have begun the new year with new all-time highs, having smashed records in 2025.
  • Seoul rose more than one percent Tuesday to top 4,500 points for the first time, helped by another strong rally in chip giant SK hynix.

US operation in Venezuela undermined international law: UN

"States must not threaten or use force against the territorial integrity or political independence of any state," Ravina Shamdasani, spokeswoman...
  • Shamdasani said the UN rights office had spent years reporting on the "continued deterioration" in Venezuela.
  • But she dismissed US justifications for its actions, saying accountability for rights violations "can't be achieved by military intervention in violation of international law".

Venezuela’s interim leader names commission to handle Maduro’s release

Venezuela's interim president Delcy Rodriguez on Sunday created a commission to seek the release of president Nicolas Maduro and his...
  • Rodriguez tapped her brother Jorge, president of the National Assembly, and Foreign Minister Yvan Gil to co-chair the commission
  • Accused of drug trafficking and terrorism, Maduro was detained in a New York jail Saturday and is due in court Monday