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.

Deepfakes can clone your voice in 5 seconds, tech firms mount defense

Las Vegas, United States -- Tech firms are fighting the scourge of deepfakes, those deceptively realistic voices or videos used...
  • Hong Kong police recently revealed that a multinational firm employee was tricked into wiring $26m to crooks who staged a videoconference with AI avatars of his colleagues.
  • A recent study by identification start-up iBoom found that a scant tenth of one percent of Americans and Britons were able to correctly tell when a picture or video was a deepfake.

Netanyahu says Gaza strikes ‘only the beginning’, future negotiations ‘only under fire’

Hamas has not responded militarily so far, and in a statement urged friendly countries to "pressure" the United States to...
  • The strikes, by far the largest since a truce took effect in January, killed more than 400 people across the Gaza Strip
  • Netanyahu said in a video statement on Tuesday evening "Hamas has already felt the strength of our arm in the past 24 hours

Trump, Putin agree halt to Ukraine energy attacks but no ceasefire

Donald Trump and Vladimir Putin agreed Tuesday on a halt in Russian attacks against Ukrainian energy targets -- but fell...
  • The US and Russian leaders spoke for more than an hour and a half and both expressed hopes for repairing relations between the countries
  • However, there was no agreement from the Russian president for Washington's proposed full 30-day ceasefire in Russia's invasion of its pro-Western neighbor

Geopolitical tensions buffet markets, gold and oil prices climb

Gold and oil prices climbed on fears of escalating tensions in the Middle East after Israel launched its most intense...
  • Wall Street opened lower but European stocks rose in afternoon trading as investors prepared for German lawmakers to vote on a massive spending boost for defense and infrastructure
  • Investors are eyeing this week's policy decisions from the US Federal Reserve, Bank of Japan and Bank of England, with all three forecast to stand pat on interest rates.

Google says to buy Wiz for $32 bn

The all-cash deal brings Wiz into the Google Cloud operation.
  • The deepening influence of AI makes "cybersecurity increasingly important in defending against emergent risks and protecting national security," the companies said.
  • The transaction, the largest ever sought by Google or parent Alphabet, will test Trump's openness to large takeovers after resistance to such deals by Biden's administration.

Israel pounds Gaza in strikes that rescuers say killed 220, Hamas says Netanyahu torpedoing ceasefire

In a statement, Hamas said "Netanyahu and his extremist government have decided to overturn the ceasefire agreement, exposing the prisoners...
  • An Israeli official told AFP that the operation "will continue as long as necessary, and will expand beyond air strikes."
  • Hamas said Israel had decided "to overturn the ceasefire agreement, exposing the prisoners in Gaza to an unknown fate."

Nvidia showcases AI chips as it shrugs off DeepSeek

San Francisco, United States - Nvidia chief Jensen Huang is expected to showcase cutting-edge chips for artificial intelligence (AI) and...
  • Industry watchers expect Huang to spotlight Nvidia's latest Blackwell line of graphics processing units (GPUs), including new updates in the works
  • The AI boom propelled Nvidia stock prices to stratospheric levels until a steep sell-off early this year triggered by the sudden success of DeepSeek

Trump cuts to US-funded media put reporters at risk: RSF

President Donald Trump's dismantling of US-funded international media outlets such as Voice of America could put their journalists at risk,...
  • The Trump administration began mass layoffs Sunday at Voice of America and other US-funded media
  • Trump signed an executive order gutting VOA's parent, the US Agency for Global Media

Webb telescope directly observes exoplanet CO2 for first time

The gas giants are not capable of hosting extraterrestrial life, but do offer clues in a lingering mystery about how...
  • The HR 8799 system, 130 light years from Earth, is only 30 million years old -- just a baby compared to our solar system's 4.6 billion years.
  • A US-led team of researchers used Webb to directly detect carbon dioxide in the atmosphere of all four of the system's known planets, according to the study.

OECD lowers global growth projections over tariffs, uncertainty

"We are navigating troubled waters," said the OECD's chief economist Alvaro Santos Pereira as he summed up the world's economic...
  • While global economic activity remained "resilient" in 2024 with a 3.2 percent increase in GDP, the OECD trimmed back its 2025 projection from 3.3 percent growth to 3.1 percent.
  • That was due to "higher trade barriers in several G20 economies and increased geopolitical and policy uncertainty weighing on investment and household spending".

Pope urges Lebanese to stay in their country despite difficulties

Leo emphasized the need for peace, using the word more than 20 times during the address, without mentioning any specific...

Latest News

Asian markets rise as traders prepare for expected US rate cut

Asian stocks rose again Tuesday to extend another record day on Wall Street as traders locked in bets on a...

Arab League, OIC joint session urges review of Israel ties after Qatar attack

Arab and Muslim leaders called for a review of ties with Israel after emergency talks in Doha on Monday following...

Elon Musk buys $1 billion in Tesla shares, stock prices go up 6%

New York, United States - CEO Elon Musk bought about $1 billion worth of shares in Tesla, according to a...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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UN rights expert says complicity with Gaza ‘genocide’ ‘shame of our time’

Albanese added that "this genocide has something different, is openly incited, cynically denied and relentlessly supported, armed and weaponized, while...
  • "Arms trade and diplomatic engagement with Israel continue unabated," she said.
  • "Far too many states continue to look away, normalize the suffering and even profit from it," she added.

WTO fishing deal: the net results

Agreed by more than 100 WTO members, the agreement sets binding rules requiring governments to consider the legality and sustainability...
  • Broader rules regarding subsidies for activities that contribute to overcapacity and overfishing remain under negotiation.
  • The deal bans subsidies to any vessel or operator engaged in illegal, unreported and unregulated (IUU) fishing, or the fishing of overexploited stocks.

Turkey court tries case that could oust opposition leadership

Tens of thousands of people protested in Ankara ahead of a key court hearing Monday targeting Turkey's main CHP opposition...
  • Critics say the vote-buying case is a politically motivated attempt to undermine CHP which won a huge victory over President Recep Tayyip Erdogan's AKP in 2024 local elections
  • Its popularity has grown since it led Turkey's biggest street protests in a decade, triggered in March by the jailing of its presidential candidate, Istanbul mayor Ekrem Imamoglu