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.

Hungary announces ICC withdrawal as Israel’s Netanyahu visits

Budapest, Hungary -- Hungary on Thursday said it will quit the International Criminal Court, just as its Prime Minister Viktor...
  • Set up in 2002, the ICC, based in The Hague, seeks to prosecute individuals responsible for the world's gravest crimes when countries are unwilling or unable to do so themselves.
  • The Palestinian Authority (PA) urged Hungary to "comply with the International Criminal Court's arrest warrant by immediately handing Netanyahu over to bring him to justice.

Gaza rescuers say 25 killed in Israeli strike on school-turned-shelter

Gaza civil defense spokesman Mahmud Bassal told AFP more than 100 others wounded in the strike on Dar al-Arqam School...
  • The Israeli military has in recent days issued a number of evacuation orders to residents in northern neighborhoods of the Gaza Strip.
  • On Monday, it told those living in all areas of the southern city of Rafah and parts of nearby Khan Yunis to leave.

Trump stings friends and foes alike in his tariffs war, countries eye trade talks

The tariff announcements rattled stock markets while safe haven gold hit a new record high, oil prices fell and the...
  • China demanded that the tariffs be "immediately cancelled" and vowed "countermeasures", while France and Germany warned that the EU could hit US tech firms.
  • But EU and other countries also showed willingness to negotiate as they refrained from immediate retaliatory measures, with almost a week until the harsher US levies take effect.

China says opposes new US tariffs, vows ‘countermeasures’

China on Thursday said it "firmly opposes" sweeping new US tariffs on its exports and vowed "countermeasures to safeguard its...
  • US President Donald Trump has ignited a potentially ruinous global trade war after imposing 10 percent levies on imports from around the world
  • Beijing responded to those tariffs with levies of up to 15 percent on a range of US agricultural goods including soybeans, pork and chicken

US university calls for release of detained Turkish student

New York, United States - Tufts University on Wednesday publicly backed its student Rumeysa Ozturk, a Turkish national detained by...
  • Video of Ozturk's arrest by masked agents on a sidewalk has sparked outrage online
  • This has added to concerns about freedom of speech and respect for due process under Trump

Israel’s Netanyahu arrives in Hungary, defying ICC warrant

Israeli Prime Minister Benjamin Netanyahu arrived in Budapest early Thursday on his first trip to Europe since 2023 and in...
  • Hungarian Prime Minister Viktor Orban extended an invitation to Netanyahu last November, a day after the ICC issued the arrest warrant over alleged war crimes in Gaza
  • Orban vowed the EU member would not execute the warrant, despite being an ICC member, saying the court's decision "intervenes in an ongoing conflict... for political purposes".

Military confrontation ‘almost inevitable’ if Iran nuclear talks fail, says French foreign minister

Western countries including the United States have long accused Iran of pursuing a nuclear weapon, which Tehran has denied, insisting...
  • "Our confidence and our conviction remain intact," Barrot said. "Iran must never acquire nuclear weapons."
  • "Our priority is to reach an agreement that verifiably and durably constrains the Iranian nuclear program," he added.

World’s tiniest pacemaker is smaller than grain of rice

Paris, France -- Scientists said Wednesday they have developed the world's tiniest pacemaker, a temporary heartbeat regulator smaller than a...
  • While still years away from being tested in humans, the wireless pacemaker was hailed as a "transformative breakthrough" that could spur advances in other areas of medicine.
  • Millions of people across the world have permanent pacemakers, which stimulate hearts with electrical pulses to ensure they beat normally.

Israel says expanding Gaza offensive to seize ‘large areas’

Defense Minister Israel Katz said Israel would bolster its military presence in the Palestinian territory to "destroy and clear the...
  • An Israeli group representing the families of hostages still held in Gaza said they were "horrified" by Katz's announcement of expanded military operations.
  • Meanwhile, Israel's far-right National Security Minister Itamar Ben Gvir visited Jerusalem's Al-Aqsa Mosque compound on Wednesday, drawing condemnations.

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.
  • Musk's electric vehicle company delivered 336,681 autos in the quarter ending March 31, missing analyst expectations.
  • Tesla shares fell more than six percent in early trading after the deliveries fell by more than expected from the year-ago stretch. Shares later partially rebounded.

Saudi powers forward with deficit spending to fund reforms

The Arab world's largest economy is overseeing a major push to slash its dependence on oil revenues, with officials pouring...

Latest News

Americans would dominate board of new TikTok US entity: W.House

A deal for the Chinese parent company of popular video-sharing app TikTok to sell its US operations would see the...

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...

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

Most Read

UN Security Council votes to reimpose Iran nuclear sanctions

Britain, France and Germany are signatories to a 2015 deal known as the Joint Comprehensive Plan of Action (JCPOA) intended...
  • Amir Saeid Iravani, Iran's envoy to the UN, told the UN Security Council described the vote as the "politics of coercion."
  • "Today's action is hasty, unnecessary and unlawful. Iran recognizes no obligation to implement it," he said.

Israel army says will use ‘unprecedented force’ in Gaza City

Israel has pummeled Gaza City with air strikes and tank fire in its bid to seize it, nearly two years...
  • The assault comes ahead of a planned move by several Western governments, including Britain and France, to recognize a Palestinian state at a UN summit next week.
  • Israeli fire killed at least 33 people across the territory on Friday, 18 of them in Gaza City, according to a tally of figures given by Gaza hospitals contacted by AFP.

After Japanese Softbank, US Govt, Chip-maker Nvidia to buy stake in rival Intel

Shares in chipmaker Intel skyrocketed on Thursday after AI giant Nvidia announced it would invest $5 billion in its struggling...
  • "This marks a fusion of two world-class platforms," said Nvidia CEO Jensen Huang. "Together, we will expand our ecosystems and lay the foundation for the next era of computing."
  • The Trump administration surprised the tech industry last month by taking a 10 percent equity stake in Intel, recognizing the strategic importance of the company