INSEAD Day 4 - 728x90

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

TECOM profit up 9%

Revenue, occupancy drive earnings higher

DAE H1 profit $229m

Growth triggered by higher earnings, stron cash flow

Google to invest $6.4bn

The investment is its biggest-ever in Germany.
  • Google's plans include a new data center and expansion of an existing center in the western state of Hesse, providing computing power for artificial intelligence.
  • It also plans to expand its offices in Berlin, Frankfurt and Munich, and outlined various projects aimed at reducing its greenhouse gas emissions.

Cristiano Ronaldo says 2026 World Cup ‘definitely’ his last

Riyadh, Saudi Arabia -- Portuguese superstar Cristiano Ronaldo on Tuesday said next year's World Cup would be his last as...
  • The 40-year-old forward, with more than 950 club and international goals, also said he would retire from football in "one or two years".
  • "Let's be honest, when I mean soon, it's probably one or two years I'll still be at the game," he said.

Demand for air con set to triple by 2050, warns UN

Geneva, Switzerland -- Global demand for air conditioning could more than triple by 2050, the United Nations warned on Tuesday,...
  • The UN Environment Programme said demand could surge due to increases in population and wealth around the world, combined with more extreme heat.
  • Rising demand for more polluting and inefficient cooling systems "would almost double cooling-related greenhouse gas emissions over 2022 levels", said UNEP.

Sharaa’s US visit: Syria joins alliance against Islamic State after White House talks

Sharaa, whose rebel forces ousted longtime ruler Bashar al-Assad late last year, was the first Syrian leader to visit the...
  • Sharaa, whose rebel forces ousted longtime ruler Bashar al-Assad late last year, was the first Syrian leader to visit the US since the country's independence in 1946
  • According to the official, Syria will also be allowed to resume diplomatic relations with Washington "to further counterterrorism, security, and economic coordination."

US mediator Kushner and Netanyahu hold talks on the second round of Gaza ceasefire

Kushner, the son-in-law of US President Donald Trump who helped broker the ceasefire, met Netanyahu in Jerusalem on Monday as...
  • Prime Minister Benjamin Netanyahu, meanwhile, said Israel would enforce the ceasefire in Gaza as well as one in Lebanon with an "iron fist".
  • The truce in Gaza, in effect for exactly a month now, has largely halted the war that erupted after Hamas's surprise attack on Israel on October 7, 2023

Indian capital car blast kills at least eight

New Delhi, India - A car explosion in the bustling heart of the Indian capital on Monday killed at least...
  • Police have not given details on the cause, but said that forensic and anti-terrorism agencies were at the site, near the landmark Red Fort
  • The blast took place in the early evening as people returned from work, close to a metro station in the crowded Old Delhi quarter of the city

The Sudanese who told the world what happened in El-Fasher

Port Sudan, Sudan -- "Sixteen killed." "Seven killed." "Thirty-one killed." "People are eating cowhide to survive." "The bombs are getting...
  • AFP's Sudan correspondent documented the grim siege of El-Fasher through civilians like doctors and activists who relayed vital, dangerous updates.
  • These brave sources, including Dr. Ismail and Sheikh Moussa, have all been killed while documenting the ongoing war between the army and the RSF.

UAE ‘probably’ won’t join Gaza stabilization force: senior official

Abu Dhabi, UAE -- The United Arab Emirates is not planning to join the international stabilisation force for Gaza because...
  • The US-coordinated international force has been seen as likely to include troops from Egypt, Qatar and Turkey, as well as the UAE.
  • Last week, US President Donald Trump said he expected the force to be in Gaza "very soon", as a fragile ceasefire holds following two years of war.

No link between paracetamol and autism, major review finds

Paris, France -- There is no clear link between pregnant women taking the common painkiller paracetamol and autism in their...
  • In September, the US president sparked outrage among the medical community by claiming that paracetamol -- also known as acetaminophen -- was associated with higher rates of autism
  • The umbrella review called for better research, pointing out that there has been a "historical and ongoing underinvestment in women's health research".

Amazon rainforest sets stage for toughest climate talks yet as world leaders gather for COP30

The United States, the world's largest economy and second-biggest emitter of greenhouse gases, is absent for the first time in...
  • UN chief Antonio Guterres has acknowledged that it is now "inevitable" the 1.5C threshold will soon be breached, urging that the overshoot be kept as brief as possible
  • The United States, the world's largest economy and second-biggest emitter of greenhouse gases, is absent for the first time in the history of these meetings

Trump at Davos demands ‘immediate’ Greenland talks but rules out force

Trump's quest to take control of Greenland, which he said was needed for national and international security, dominated his address...

Latest News

TSMC says started mass production of ‘most advanced’ 2nm chips

Taipei, Taiwan -- Taiwanese tech titan TSMC has started mass producing its cutting-edge 2-nanometre semiconductor chips, the company said in...

Israel to ban 37 organizations operating in Gaza, aid flow under threat

Apart from MSF, some of the 37 NGOs to be hit with the ban are the Norwegian Refugee Council, World...

Syria reveals new post-Assad banknotes

Syrian leader Ahmed al-Sharaa unveiled on Monday new banknotes replacing those showing ousted ruler Bashar al-Assad and his family, hoping...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Meta buys China-founded AI agent Manus

Singapore, Singapore -- Facebook owner Meta has agreed to acquire Manus, an artificial intelligence agent created by a company founded...
  • However, analysts warned the deal could fall foul of regulators at a time of fierce technological rivalry between Washington and Beijing.
  • Exceeding the capabilities of AI chatbots like ChatGPT, AI agents can autonomously perform complex tasks for users, and are seen as having huge potential.

Saudi Arabia condemns ‘dangerous’ UAE moves in Yemen after striking shipment

Riyadh also backed a demand from Yemen's presidential council for Emirati forces to withdraw from the country within 24 hours,...
  • In recent weeks, separatists backed by the UAE seeking to revive the formerly independent state of South Yemen have made sweeping territorial gains in a lightning offensive.
  • The UAE said "the shipment in question did not contain any weapons, and the vehicles unloaded were not intended for any Yemeni party."

Netanyahu to meet Trump in Florida for talks on Gaza peace plan, Iran

Israeli Prime Minister Benjamin Netanyahu will meet Donald Trump in Florida on Monday, with the US president pushing to move...
  • Netanyahu is also expected to try to shift some focus onto Iran, amid reports he will call for more US strikes on the Islamic republic
  • He will bring up the "danger Iran poses not only to the region of the Middle East, but the United States as well," Israeli spokeswoman said