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.

‘I don’t have a voice in my head’: Life with no inner monologue

Paris, France - Mel May only realised she was different while reading a news article one day. "Wait, what? Some...
  • The idea of not being able to have inner monologue is so new that a clinical name, anendophasia, was only proposed for it in a paper last year
  • The inner monologue has proven extremely difficult to study because it relies on people being able to describe how they think

Israel expands ground offensive in Gaza city, dozens killed as fighting engulfs Shujaiya neighborhood

Prime Minister Benjamin Netanyahu said the army was dividing Gaza and "seizing territory" to force Hamas to free the remaining...
  • Israel has pushed to seize territory in the Gaza Strip in what it said was a strategy to force militants to free hostages still in captivity
  • In Lebanon, Hamas's military wing said its commander Hassan Farhat was killed in an Israeli strike that hit "inside his apartment" in Sidon

Nations divided ahead of decisive week for shipping emissions

London, United Kingdom -- Members of the International Maritime Organization (IMO) are divided over whether to approve a carbon tax on...
  • The carbon tax, the most ambitious measure on the table, would make it more expensive for shipping companies to emit greenhouse gases, encouraging them to curtail emissions.
  • But some member states, including China and Brazil, are proposing other measures, arguing the carbon levy would increase the cost of goods and contribute to food insecurity.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.
  • In the hours before that deadline, TikTok temporarily shut down in the United States and disappeared from app stores, to the dismay of millions of users.
  • Much of TikTok's US activity is already housed on Oracle servers, and the company's chairman, Larry Ellison, is a longtime Trump ally.

Pausing production, raising prices: Automakers shift gears after Trump tariffs

Paris, France -- Automakers have already started to adapt to the 25-percent tariff imposed on car imports by US President...
  • Bank of America estimates that some 7.3 million vehicles, or eight percent of global auto sales, will get hit by the tariff.
  • Trump has stated that the goal of the tariffs is to encourage manufacturing jobs to return to the United States, but it is unclear whether that will be achieved.

Stocks, oil slump as China retaliates and Trump digs in heels

Despite the market turmoil, Trump insisted: "my policies will never change". Wall Street stocks fell more than two percent at...
  • Beijing also imposed exports controls on seven rare earth elements, including gadolinium -- commonly used in MRIs -- and yttrium, utilized in consumer electronics.
  • French President Emmanuel Macron has called for suspending investment in the United States until what he called the "brutal" new tariffs had been "clarified".

First footage of James Cameron directed ‘Avatar: Fire and Ash’ revealed

Las Vegas, United States - Evil Na'vi. Giant volcanoes. Airborne boats. The first-ever footage from "Avatar: Fire and Ash," the...
  • The film "expands the beautiful world of Pandora and introduces two new clans," explained star Zoe Saldana
  • More respected than loved by critics, the previous two "Avatar" films were unprecedented commercial hits

Trump defiant as tariffs send world markets into panic

Wall Street led a global markets bloodbath Thursday as countries around the world reeled from President Donald Trump's trade war,...
  • Shock waves tore through markets in the United States, Europe and Asia after Trump's tariff bombshell
  • Trump dismissed the turmoil, insisting to reporters as he left for a weekend at his Florida golf resort that stocks will "boom."

Macron, on Egypt visit, to go near Gaza to show support for ceasefire

French President Emmanuel Macron will go to an Egyptian port near the Gaza Strip next week to highlight concerns over...
  • Macron will go to Arish, 50 kilometres (30 miles) from Gaza, next Tuesday during a visit to Egypt, officials said
  • Macron is to go to Egypt on Sunday and on Monday will meet the country's President Abdel Fattah al-Sisi

Trump’s tariffs on allies, China could shrink global merchandise trade volumes 1% in 2025, warns WTO

After Trump on Wednesday unveiled a blitz of harsher-than-expected levies aimed at countries around the globe, Ngozi Okonjo-Iweala warned the measures...
  • Trump slapped 10 percent import duties on all nations and far higher levies on imports from dozens of specific countries including China
  • Trump's tariffs come just over a year and a half before US midterm elections, in which the party of the US president is often hammered on the economy

Amazon unveils new AI chip in battle against Nvidia

San Francisco, United States -- Amazon Web Services launched its in-house-built Trainium3 AI chip on Tuesday, marking a significant push...

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Floating wind power sets sail in Japan’s energy shift

Still heavily reliant on imported fossil fuels, Japan has declared offshore wind energy a "trump card" in its drive to...

With cash and aid, Saudi Arabia pursues soft power push in Syria

Saudi Arabia has spent months courting Syria's new leaders, aiming to draw closer a country long dominated by Iran and...

Hamas warns hostages face fate of missing pilot if Israel assault continues

Hamas' armed wing published Saturday "farewell" photographs of most of the remaining hostages in Gaza, warning that Israel's assault on...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Macron risks Israeli backlash with Palestinian recognition, yet seizes historic chance to reshape Middle East diplomacy

France and the UK will be the first permanent UN Security Council members to recognise a Palestinian state and, along...
  • The recognition marks the growing international frustration with Israel over its assault and aid blockades on the Gaza Strip launched in October 2023
  • France and the UK will be the first permanent UN Security Council members to recognise a Palestinian state and, along with Canada, the first G7 members to do so

Trump speaks with Xi, sees progress on TikTok, says will visit China early next year

US President Donald Trump hailed Friday what he called progress with Chinese President Xi Jinping including on selling blockbuster app...
  • The leaders of the world's two largest economies spoke by telephone for the second time since the return to the White House of Trump
  • Trump told reporters ahead of the call that he hoped it would finalize a deal to take out of Chinese hands TikTok, the social media hugely popular with young Americans

Top music body says AI firms guilty of ‘willful’ copyright theft

Paris, France -- AI companies have sucked up the world's entire music catalogue and are guilty of "willful, commercial-scale copyright...
  • AI music generators such as Suno and Udio can produce tracks with voices, melodies and musical styles that echo those of original artists such as the Beatles and Mariah Carey.
  • The Recording Industry Association of America, a US trade group, filed a lawsuit in June 2024 against both companies.