INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Warren Buffett says will retire from Berkshire Hathaway by year’s end

Buffett transformed Berkshire Hathaway from a medium-sized textile company when he bought it in the 1960s into a giant conglomerate,
  • Buffett's success, coupled with his ability to explain his thinking in clear soundbites, has made him highly influential in the business and financial communities
  • Several years ago, Buffett had already indicated that the 62-year-old Abel would be his pick for successor in an interview with CNBC

OPEC+ countries to open the oil taps despite price slump

Saudi Arabia, along with Russia and six other members of the oil cartel, will implement a production adjustment of 411,000...
  • Saudi Arabia, along with Russia and six other members of the oil cartel, will implement a production adjustment of 411,000 barrels a day out of the ground
  • Numbering a total of 22 countries, most of which are highly dependent on oil, the OPEC group had until recently been exploiting supply scarcity to boost prices

Hamas armed wing releases video of apparently injured Israeli hostage

The armed wing of Hamas, the Ezzedine al-Qassam Brigades, released a video Saturday showing an Israeli-Russian hostage who appeared to have...
  • In the undated four-minute video, the hostage, wearing bandages on his head and left arm spoke in Hebrew, implying he had been wounded in a recent Israeli bombardment
  • AFP and Israeli media identified the hostage as Russian-Israeli Maxim Herkin, who turns 37 a the end of May. His family urged media not to disseminate the video

Trump’s next 100 days: Now comes the hard part

In a dizzying first three months, Trump wielded executive power like no other modern president, signing more than 140 orders...
  • The job gets trickier now for the self-styled dealmaker-in-chief, who must corral fractious Republicans on Capitol Hill to anchor his domestic policies in legislation
  • Trump's political capital will be put to the test as he aims to shepherd his sprawling agenda on tax, border security and energy production through the House and Senate

Murderer of Palestinian-American boy sentenced to 53 years

Washington, United States - An Illinois man was sentenced to 53 years in prison on Friday for the murder of...
  • Joseph Czuba, 73, was convicted in February of fatally stabbing Wadea Al-Fayoumi and attacking the boy's mother, Hanan Shaheen
  • Czuba was the family's landlord and the attack took place a week after the start of the Israel-Hamas war in October 2023

Israel launches new Syria strikes amid Druze tensions

Israel launched more than 20 air strikes inside Syria late Friday, a war monitor said, following up an attack near...
  • The strikes came amid Israeli warnings to the Damascus government not to harm the Druze minority, following recent sectarian clashes
  • An Israeli military statement said its forces had "struck a military site, anti-aircraft cannons and surface-to-air missile infrastructure in Syria."

Cat sole survivor of 115-meter fall at Bryce Canyon National Park

Los Angeles, United States - A cat that fell alongside a couple into a 115-meter-high canyon was the only survivor...
  • The feline "was found in a black soft-sided carrier that was dirty and torn, but seemed to have weathered the fall fairly well," the Best Friends Animal Society said
  • It added that cat's bloodwork showed no signs of abnormality but that staff was awaiting x-rays to determine whether there were any other injuries

Apple expects $900 million hit from tariff war

Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and were disrupting...
  • Cook said he expected "a majority of iPhones sold in the US will have India as their country of origin."
  • Tit-for-tat exchanges have seen hefty US levies imposed on China, with Beijing setting retaliatory barriers on US imports

Israel says intercepts missile fired from Yemen

The Israeli military said Friday it intercepted a missile fired from Yemen, where Huthi rebels recently claimed responsibility for a...
  • Yemen's Iran-backed Huthi rebels have not claimed responsibility for the Friday launch, but said Sunday they had launched a "hypersonic missile" at the Nevatim air base
  • The Huthis are part of Iran's "axis of resistance" against Israel and the United States, portraying themselves as defenders of Palestinians in the Gaza Strip amid the ongoing war

Israel strikes near Damascus presidential palace over Druze violence that kills over 100 people

Israel has since then attacked hundreds of Syrian military sites and on Friday announced its "fighter jets struck adjacent to...
  • Israel has attacked hundreds of Syrian military sites and on Friday announced its "fighter jets struck adjacent to the area of the palace" in the capital Damascus
  • Israel sees the new forces in Syria as jihadists and has warned them to protect the Druze minority, with Defence Minister Israel Katz saying his country could otherwise respond."

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 --...

Latest News

Google infuses Gemini generative AI into home gadgets

Paris, France -- Google said Wednesday it was adding its Gemini generative AI assistant to its smart home devices, saying...

Amazon adds AI muscle to connected home lineup

New York, United States - Amazon on Tuesday unveiled the latest generation of connected products, featuring enhanced artificial intelligence capabilities...

Tony Blair: former UK premier central to Trump’s Gaza plan has long been a contentious figure

Tony Blair, Britain's former prime minister whose legacy was heavily tarnished by the 2003 war in Iraq, has long been...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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AI tool helps Australian researchers treat child epilepsy

Tokyo, Japan -- An artificial intelligence tool that can detect tiny, hard-to-spot brain malformations in children with epilepsy could help...
  • It is the latest example of how AI, which can crunch vast amounts of data, is changing healthcare by assisting doctors with diagnoses.
  • Epilepsy has several different causes, and overall around three in 10 cases are down to structural abnormalities in the brain, experts say.

Human skin cells turned into fertilisable eggs for first time

Paris, France -- Scientists said Wednesday they have turned human skin cells into eggs and fertilized them with sperm in...
  • The technology is still years away from potentially becoming available to aspiring parents, the US-led team of scientists warned.
  • But outside experts said the proof-of-concept research could eventually change the meaning of infertility, which affects one in six people worldwide.

Trump gives Hamas ultimatum of ‘three to four days’ on Gaza deal

The plan calls for a ceasefire, the release of hostages by Hamas within 72 hours, a disarmament of Hamas and...
  • World powers, including Arab and Muslim nations, welcomed the proposal, but Hamas had yet to issue its response.
  • Qatar, which hosts Hamas's exiled leadership, said it would hold a meeting with Hamas officials and Turkey later Tuesday.