INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Mediators Qatar and Egypt call for next steps in fragile Gaza truce

"Now we are at the critical moment... A ceasefire cannot be completed unless there is a full withdrawal of the...
  • Hamas said on Saturday that it was ready to hand over its weapons in the Gaza Strip to a Palestinian authority on the condition that the Israeli army's occupation ends.
  • Qatar, alongside Egypt and the United States, helped secure the long-elusive truce, which remains delicate as Israel and Hamas accuse each other of breaching its terms.

Divided US Fed set for contentious interest rate meeting

When the Fed last met in October, Chair Jerome Powell asserted that another rate cut in December was "not a...
  • Minutes from the Fed's most recent meeting showed many officials expect a further uptick in underlying goods inflation as President Donald Trump's tariffs bite.
  • But recent comments from leading Fed officials also reflected support for cutting again because of a weakening labor market, even though inflation is still above Fed's 2% target.

Mediators Egypt, Qatar, others ‘concerned’ about Israel opening one-way Gaza exit

The countries voiced "their absolute rejection of any attempts to expel the Palestinian people from their land" and said they...
  • On Wednesday, Israel said it would open the Rafah crossing from Gaza to Egypt exclusively to allow residents to exit the Palestinian territory "in the coming days".
  • Reopening the Rafah crossing is a part of Trump's peace plan for the Palestinian territory, as well as something UN agencies and other humanitarian actors have long called for

Netflix’s $83 billion takeover of Warner Bros reshapes Hollywood as regulators prepare intense antitrust scrutiny

Streaming giant Netflix said Friday it will buy film and television studio Warner Bros. Discovery for nearly $83 billion, the...
  • The acquisition, which will face regulatory scrutiny by the Trump administration and is opposed by top names in Hollywood, gives Netflix access to a vast film catalog
  • It does not include cable channels such as CNN, TNT, TBS and Discovery, which are being spun off by Warner Bros. Discovery before the deal is due to close.

Abu Dhabi showdown – how the F1 title can be won

Paris, France - AFP Sport assesses how the 2025 Formula One drivers' title can be won at the season finale...
  • "All" Norris has to do to claim his maiden title is finish on the podium at Yas Marina, irrespective of where his two title rivals finish.
  • But on a cautionary note Norris has failed to make the top three in six races this year, including his disqualification from second in Las Vegas due to a technical infringement

Trump says Putin wants to end war, US to hold new talks with Ukraine

Trump's envoy Steve Witkoff and son-in-law Jared Kushner huddled into the early hours with Putin in the Kremlin but reached...
  • Steve Witkoff and Jared Kushner huddled into the early hours with Putin in the Kremlin but reached no breakthrough on halting Europe's worst conflict since World War II
  • The Kremlin said afterward it found parts of the US plan to end the war unacceptable, even though the proposal includes Ukraine ceding parts of the eastern Donbas region

In Data Center Alley, AI sows building boom, doubts

Ashburn, United States -- As planes make their final approach to Washington DC's Dulles Airport, just below lies Ashburn, a...
  • In 2025, private companies are spending roughly $40 billion a month on data center construction in the United States.
  • Data servers deploying ChatGPT-like technologies run very hot and require new-generation liquid cooling.

US private sector lost 32,000 jobs last month in surprise drop

President Donald Trump has been touting the economy's health, and forecasts had incorrectly predicted the monthly data would show a...
  • "Hiring has been choppy of late as employers weather cautious consumers and an uncertain macroeconomic environment," ADP chief economist Nela Richardson said.
  • "While November's slowdown was broad-based, it was led by a pullback among small businesses."

OpenAI declares ChatGPT ‘code red’ over stiff competition: report

Washington, United States -- OpenAI CEO Sam Altman has declared a company-wide "code red" as its ChatGPT technology faces stiff...
  • Altman told employees that the company was "at a critical time for ChatGPT," and that resources must be devoted to fending off the new competition to its chatbot.
  • Altman said that other projects would now be delayed, including a plan to introduce advertising to the chatbot.

Amazon unveils new AI chip in battle against Nvidia

San Francisco, United States -- Amazon Web Services launched its in-house-built Trainium3 AI chip on Tuesday, marking a significant push...
  • The move intensifies competition in the AI chip market, where Nvidia currently dominates with an estimated 80- to 90-percent market share.
  • AWS also announced it is already developing Trainium4, expected to deliver at least three times the performance of Trainium3 for standard AI workloads.

Ancient cures and AI: WHO seeks evidence for traditional medicine

New Delhi, India -- The World Health Organization opens a major conference on traditional medicine on Wednesday, arguing that new...

Latest News

Biden demands assault-weapons ban after 8 killed in Texas mall rampage

Responders, distressed witnesses and police described scenes of panic and horror in Allen, where video footage shared online showed the...

Egypt ex-graft chief freed from prison, charged again: activist

A military court had found Geneina guilty in 2018 of "spreading information to harm the military", after he had said...

UN admits aid failure for Syria as quake toll hits 33,000

Supplies have been slow to arrive in Syria, where years of conflict have ravaged the healthcare system, and parts of...

At least 20 escape Syria prison holding IS inmates after quake

The British-based Syrian Observatory for Human Rights war monitor said it could not verify whether prisoners had escaped, but confirmed...

Musk kicks Kanye West off Twitter for ‘incitement to violence’ 

West has made a series of anti-Semitic comments recently, as the one-time titan of fashion and music appears to have...

US envoy Witkoff to meet Zelensky, Europe leaders in Berlin at weekend

US President Donald Trump's special envoy will meet with Ukraine's Volodymyr Zelensky and other European leaders in Berlin this weekend,...

Erdogan pushes Putin on ‘limited ceasefire’ at ports, energy facilities in Russia-Ukraine war

Speaking on the sidelines of a summit in Turkmenistan, Erdogan told Putin that efforts to end the war were valuable,...

Israel says Hamas ‘will be disarmed’ after group proposes weapons freeze

Israel said Thursday that Hamas "will be disarmed" as part of the US-sponsored peace plan for Gaza, after a top...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Trump demands CNN get new owners in Warner bidding war

US President Donald Trump said Wednesday that he wants to ensure CNN gets new ownership as part of the Warner...
  • Warner Bros Discovery has become the center of a bidding war between Paramount — led by CEO David Ellison, son of Trump ally Larry Ellison — and streaming giant Netflix
  • "I think any deal should — it should be guaranteed and certain that CNN is part of it or sold separately," Trump told business leaders Wednesday at the White House

Hamas proposes weapons ‘freeze’ in return for long-term truce: leader to Al Jazeera

A top Hamas leader told Qatari news channel Al Jazeera on Wednesday that the militant group is open to a...
  • "This is the idea we're discussing with the mediators, and I believe that with pragmatic American thinking... such a vision could be agreed," top Hamas leader Khaled Meshaal said
  • As for the international peacekeeping force, Meshaal said the group was open to its deployment along Gaza's border with Israel, but was against its operation inside Gaza

Trump says US will allow sale of Nvidia AI chips to China

Washington, United States - President Donald Trump said Monday he had reached an agreement with President Xi Jinping to allow...
  • "President Xi responded positively! $25% will be paid to the United States of America," Trump wrote, without providing details on how the payment mechanism would work
  • "We applaud President Trump's decision to allow America's chip industry to compete to support high paying jobs and manufacturing in America," an Nvidia spokesperson told AFP