INSEAD Day 4 - 728x90

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

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.

New Hezbollah leader says will accept ceasefire with Israel if terms ‘suitable’

Qassem replaces Hasan Nasrallah who was assassinated by Israel on September 27 after more than 30 years at the helm...
  • 'If the Israelis decide that they want to stop the aggression, we say we accept, but under the conditions', Qassem said
  • But Hezbollah "will not beg for a ceasefire", clarified the new new leader of the Lebanese group

Bitcoin close to record as cautious markets eye US election

The surge in the price of bitcoin is seen as a bet on a Republican victory, as Donald Trump has...
  • The leading digital currency was trading around US$72,400 at 0300 GMT, after climbing as high as US$73,563.63 in late US trade.
  • The surge in the price of bitcoin is seen as a bet on a Republican victory, as Donald Trump has emerged as the pro-crypto candidate.

How harmful are microplastics to human health?

A New England Journal of Medicine study found microplastics in blood vessels are linked to higher risks of heart attack,...
  • These tiny pieces of plastic have been detected almost everywhere on Earth, from the deepest oceans to the highest mountains, as well as in the air, water, soil and food chain
  • Every day humans ingest, inhale or otherwise come in contact with microplastics, which are less than five millimetres (0.2 inches) and mostly invisible to the naked eye

Hezbollah names Naim Qassem as leader; Israel vows he “won’t last long” amid escalating conflict

Hezbollah's Qassem, succeeding slain Nasrallah, pledges resistance as Israel intensifies Gaza strikes, killing scores. International anger grows after Israel's UNRWA...
  • Hezbollah pledged to keep "the flame of resistance burning" until victory is achieved against Israel after all-out war erupted on September 23
  • Qassem had long operated in the shadow of Nasrallah, a towering leader who was one of the most enigmatic and influential figures in the Middle East

Mideast at ‘most dangerous juncture’ in decades: UN official

The UN's special coordinator for Middle East peace warned that the region was at its "most dangerous juncture" in decades
  • Israel's retaliatory offensive has killed at least 43,020 Palestinians in Gaza
  • And in Lebanon, at least 1,700 people have been killed since September 23

Asian shares rise as markets await tech results

Asian markets mostly rose Tuesday with investors looking ahead to the release of US economic data and the earnings reports...
  • Oil market concerns shifted focus on potential oversupply in 2025
  • Investors are also awaiting the Bank of Japan's rate decision later this week

‘Amazing’ AI de-ages Tom Hanks in new film ‘Here’

Los Angeles, United States - Tom Hanks has praised the "amazing" use of artificial intelligence to de-age him "in real time"...
  • Hanks portrays his character from an idealistic teen, through various stages of youth and middle age, to a frail, elderly man
  • But rather than just relying on makeup, filmmakers teamed up with AI studio Metaphysic on a tool called Metaphysic Live, to rejuvenate and "age up" the actors

Updates: Israel slaps ban on United Nations and kills more than 150 in Lebanon and Gaza

Shunning international pressure, Israeli parliament passed a bill banning a United Nations aid agency, and also intensified its strikes against...
  • UNRWA has provided essential aid, schooling, healthcare and assistance across the Palestinian territories and to Palestinian refugees
  • US President Joe Biden said: "We need a [Gaza] ceasefire. We should end this war. It should end, it should end, it should end."

Global VC investment falls to lowest level in nearly seven years

 Global VC investment fell from a five-quarter high of US$95.5 billion in Q2'24 to a nearly seven-year low of US$70.1...
  • Global VC investment drops from US$95.5 billion to US$70.1 billion quarter-over-quarter
  • AI accounts for six of ten largest VC deals globally in Q3'24

Iran FM says ‘received indications’ before Israeli attack

Araghchi said the "necessary measures" were taken when the attack unfolded, adding that he had been in contact with military...
  • "We had received indications since the evening about the possibility of an attack that night," Araghchi told reporters without specifying the nature of the indications
  • US news website Axios on Saturday said Israel has "sent message to Iran" ahead of its attack and warned it "against a response"

Frida Kahlo painting auctions for $54.6 mn, record for woman artist

New York, United States - A self-portrait by legendary Mexican artist Frida Kahlo sold for $54.66 million in New York...

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‘God’s Influencer’ to become first millennial saint

Computer whiz Carlo Acutis, who died of leukemia in 2006 aged 15, will be raised to sainthood by Pope Leo...

Israel military says controls 40 percent of Gaza City, the largest urban centre in the Palestinian territory

In a televised briefing, Israeli military spokesman Brigadier General Effie Defrin said that "we hold 40 percent of the territory...

Amazon’s Starlink rival lands first major airline deal

Washington, United States -- JetBlue Airways will become the first airline to use Amazon's Project Kuiper satellite network to power...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Gaza ‘genocide’ exposes Europe’s failure to act: top EU official

"The genocide in Gaza exposes Europe's failure to act and speak with one voice," European Commission vice president Teresa Ribera...
  • The EU has struggled to take steps over the war in Gaza due to deep divisions between member states pushing for action against Israel and those backing the country.
  • The splits are also present inside the EU's executive, where Spanish commissioner Ribera has expressed frustration over the failure to push on the issue.

Italian fashion icon Giorgio Armani dead at 91

Rome, Italy -- Italian fashion legend Giorgio Armani, king of a high-end lifestyle empire, has died at the age of...
  • The Italian icon was credited with inventing red-carpet fashion, but also moved into a younger and less expensive range through Emporio Armani.
  • His death came just weeks ahead of celebrations marking 50 years of his eponymous label.

Turkey bans concert by French singer over support for Israel

Istanbul, Turkey - Turkish authorities Wednesday said they have banned a planned concert Friday in Istanbul by Enrico Macias after...
  • The Istanbul governorate said in a statement that it had wanted to prevent any demonstrations on the sidelines of the concert "against the genocide of the terrorist state Israel."
  • The 86-year-old singer told AFP that he has performed in Turkey for 60 years and is "deeply surprised and saddened not to be able to see my audience."