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

Israel confirms remains returned are officer Goldin killed in 2014 Gaza war

Jerusalem, Undefined - Israel said the remains it received on Sunday from Hamas were those of Lieutenant Hadar Goldin, an...
  • Goldin was the 24th deceased hostage whose remains have been returned by Hamas since the start of the ceasefire on October 10 that has halted the latest war in Gaza
  • "Today, we are united in having finally brought him back to his parents and his family to be laid to rest in Israel," Netanyahu said in a video statement posted on X

Palestinians recount ‘black hole’ of Israeli detention

Jerusalem, Undefined -- Denied contact with his lawyer for months, now freed Palestinian prisoner Shady Abu Sedo said he lost...
  • Several rights groups have denounced what they say is a form of incommunicado detention for Palestinian prisoners, hampering the legal defense of detainees.
  • The rights group says that 18 doctors and dozens of other health professionals from Gaza are still languishing without charge in Israeli prisons.

Ukraine scrambles for energy with power generation at ‘zero’

Kyiv, Ukraine -- Ukraine was scrambling to turn lights and heating back on Sunday after Russian attacks targeting energy infrastructure...
  • launched hundreds of drones at energy facilities across the country overnight into Saturday.
  • The attacks interrupted electricity, heat and water supplies in several cities, with state power firm Centerenergo warning generating capacity "is down to zero".

China’s consumer prices rose in Oct, reversing stagnation

Beijing has struggled to maintain a strong economic recovery from the pandemic, as it fights a debt crisis in its...
  • The consumer price index, a key measure of inflation, rose 0.2 percent year-on-year last month, according to the National Bureau of Statistics (NBS).
  • Consumer prices were stagnant in July followed by two months of decline.

Tunisian opponents go on collective hunger strike to support jailed figure

Tunis, Tunisia - Prominent Tunisian opposition figures including Rached Ghannouchi said Friday they would go on hunger strike in solidarity...
  • Jawhar Ben Mbarek, co-founder of the National Salvation Front, Tunisia's main opposition alliance, launched a hunger strike last week to protest his detention since February 2023
  • In April, he was sentenced to 18 years behind bars on charges of "conspiracy against state security" and "belonging to a terrorist group" in a mass trial criticised by rights group

Turkey issues genocide arrest warrant against Netanyahu, senior officials in his govt

The announcement was met with a firm rebuttal from Israel. Foreign Minister Gideon Saar said Israel "firmly rejects, with contempt"...
  • The Istanbul prosecutor's office said in a statement that a total of 37 suspects were targeted by the arrest warrants, without providing a full list
  • The announcement was met with a firm rebuttal from Israel. Foreign Minister Gideon Saar said Israel "firmly rejects, with contempt" the charges

Chinese ship scouts deep-ocean floor in South Pacific

Beijing, China -- A Chinese research vessel docked in the Cook Islands Saturday as it probed the Pacific nation's deep-sea...
  • Huge areas of seabed around the Cook Islands are carpeted in polymetallic nodules, lumpy rocks studded with rare earths and critical minerals such as cobalt, nickel and manganese.
  • Fringed by sparkling lagoons, South Pacific nation the Cook Islands has opened its vast ocean territory for deep-sea mining exploration.

At COP30, nations target the jet set with luxury flight tax

Rooted in the idea that a small elite of premium flyers should pay more for their outsized contribution to global...
  • Diplomats from the coalition of more than 10 countries are pushing for more to come aboard.
  • Countries that do not yet have such a tax would commit to imposing levies on business and first-class tickets as well as private jets.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.
  • The Danish firm said Saturday that it "does not intend to make an increased offer to acquire Metsera."
  • The company "will continue to assess opportunities for business development and acquisitions that... further its strategic objectives," it said.

Kazakhstan to join Abraham Accords as Trump pushes Mideast peace

Washington, United States - Kazakhstan said Thursday it will join the Abraham Accords between Israel and mainly Muslim nations, in...
  • The central Asian republic has had diplomatic ties with Israel for decades, unlike the four Arab states that normalized relations with Israel under Abraham accords
  • But with Trump aiming to shore up his fragile Gaza ceasefire deal, Washington is pushing to get as much support as possible behind a wider peace initiative

European leaders vow ‘unflinching’ response to Trump’s plans to annex Greenland

The US president, who will address the annual gathering of global elites on Wednesday, has put the transatlantic alliance to...

Latest News

“Hell to pay”: Trump warns Hamas after Netanyahu talks, threatens Iran with fresh strikes

US President Donald Trump warned Iran of fresh strikes and said Hamas would have "hell to pay" if it fails...

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...

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

Most Read

Somali president to visit Turkey after Israeli recognition of Somaliland

Somalia's president is to visit close ally Turkey on Tuesday following Israel's recognition of the breakaway territory of Somaliland, Turkey's...
  • Turkey denounced Israel's recognition of Somaliland, a self-proclaimed republic, calling it "overt interference in Somalia's domestic affairs"
  • Ankara, a close ally of Somalia, provides military and economic assistance to the country that has been devastated by civil war

China says to launch digital currency action plan

Beijing, China -- China will on January 1 launch an "action plan" for boosting management and operations of its digital...
  • The "action plan" will see banks pay interest on balances held by clients in digital yuan -- a move to incentivize broader adoption of the currency.
  • The plan also includes a proposal to establish an international digital yuan operations centre in the eastern financial hub of Shanghai, the report said.

Emirates mining company challenges Guinea license withdrawal

Dakar, Senegal -- Mining company Axis International said Monday it was seeking World Bank arbitration against Guinea for withdrawing its...
  • Guinea, which has been run by a junta since a coup in 2021, has cancelled dozens of licences for international and domestic companies mining bauxite, gold, iron ore or diamonds.
  • had operated Guinea's second-biggest bauxite mine with estimated reserves of more than 800 million tons since 2010.