INSEAD-Day

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.

COP30 dragged into clash over gender language

Negotiators say the effort -- by Paraguay, Argentina, Iran, Indonesia, Malaysia as well as the Holy See -- seeks to...
  • The issue has become so sensitive that COP30's Brazilian presidency has elevated it from technical negotiations to a higher political level.
  • At stake is a revamped Gender Action Plan (GAP) meant to guide work for the next decade, including efforts to mainstream gender across climate programs.

Italy’s Leonardo launches joint venture with UAE defence firm

Milan, Italy -- Italian defense group Leonardo said Wednesday it had agreed to launch a joint venture next year with...
  • Details of the sectors covered by the joint venture have yet to be announced.
  • But it will cover a range of Leonardo's solutions "spanning sensors, system integration, and platforms", the Italian group said in a statement.

Flydubai inks $13bn Boeing deal for 75 jets as city’s airlines build up

State-owned flydubai and its long-haul partner airline, Emirates, have been the chief deal-makers at this week's Dubai Airshow, the largest...
  • Dubai, the UAE's commercial jewel, will soon start work on a new airport with capacity for a world-leading 150 million passengers a year, slated to open in 2032.
  • Dubai's current international airport announced a record quarter of 24.2 million passengers. The facility has been the busiest for international passengers for the past 11 years.

Nvidia, Microsoft invest $15 billion in AI startup Anthropic, creator of the Claude chatbot

Nvidia and Microsoft announced Tuesday investments totaling $15 billion in AI startup Anthropic, creator of the Claude chatbot, amid frenzied...
  • AI chip powerhouse Nvidia committed up to $10 billion while Microsoft—which owns 27 percent of Anthropic rival OpenAI—pledged up to $5 billion to the maker of Claude AI models
  • The deal was part of an agreement that saw Anthropic commit to buying $30 billion in Microsoft's cloud computing capacity and adopt the latest versions of Nvidia's chip technology

UN Security Council votes for international force for Gaza, path to a future Palestinian state

Trump posted on social media that the vote "acknowledging and endorsing the BOARD OF PEACE, which will be chaired by...
  • There were 13 votes in favor of the text, which US President Trump claimed would lead to "further Peace all over the World," with only Russia and China abstaining -- but no vetoes
  • But Hamas, which is excluded by the resolution from any governance role in Gaza, said the resolution did not meet Palestinians' "political and humanitarian demands and rights."

Turkey seeks to host next COP as co-presidency plans with Australia falter

Turkey wants to host next year's UN climate change talks and is ready to organise the event alone if there...
  • Australia and Turkey are locked in a stalemate over who should host the 31st United Nations Climate Change Conference (COP31) in 2026
  • The host is selected by consensus, so unless Australia or Turkey withdraws or the countries agree to share the conference, both will miss out

Cervical cancer vaccine push has saved 1.4 million lives: Gavi

Geneva, Switzerland - A three-year campaign to bring vaccines against human papillomavirus (HPV) to low-income countries has prevented 1.4 million...
  • Cancer caused by HPV disproportionately affects low-income countries, which often lack screening services and access to treatment
  • These countries accounted for 90 percent of the 350,000 cervical cancer deaths recorded in 2022, according to Gavi

UN Security Council set to vote on Trump’s Gaza plan, deployment of international force

The draft, which has been revised several times as a result of high-stakes negotiations, "endorses" the plan, which allowed for...
  • The draft, which has been revised several times as a result of high-stakes negotiations, "endorses" the plan, which allowed for a ceasefire between Israel and Hamas to take hold
  • The latest version of the text authorizes the creation of an International Stabilization Force (ISF) that would work with Israel and Egypt and newly trained Palestinian police

Rory McIlroy wins seventh Race to Dubai title

Dubai, United Arab Emirates -- Rory McIlroy was on Sunday crowned the DP World Tour’s Race to Dubai champion for...
  • At the Earth course of Jumeirah Golf Estates on Sunday, Fitzpatrick (66) made a birdie on the 72nd hole of regulation play to set the mark at 18-under par.
  • It is Fitzpatrick’s third DP World Tour Championship title (2016 and 2020) and a 10th DP World Tour victory in 195 starts.

Samsung plans $310 bn investment to power AI expansion

Seoul, South Korea -- South Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next...
  • The business group's flagship Samsung Electronics is already one of the world's top memory-chip makers, providing crucial components for the AI industry.
  • South Korea is also home to SK hynix, another key player in the global semiconductor market.

Trump says Afghan man shot two soldiers near White House

President Donald Trump said Wednesday that an Afghan man who fled the Taliban was the suspect in the shooting of...

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...

Israeli strikes kill 21 in Gaza, dozens more wounded: Civil defense

Mahmud Bassal, spokesman for the civil defense agency, Bassal said one strike hit a house in Deir el-Balah in the...

Amazon climate deal a ‘win’ for global unity but fossil fuels untouched

Nearly 200 countries approved the deal by consensus after two weeks of exhaustive negotiations on the fringes of the rainforest,...

G20 summit opens in South Africa without Trump

The Johannesburg gathering is being attended by a host of world leaders including French President Emmanuel Macron, Indian Prime Minister...

Most Read

UAE says will invest up to $50 billion in Canada

The fresh North American investment pledge came after UAE President Mohamed bin Zayed Al Nahyan promised in May to pump...
  • Under the terms of the agreement, the UAE will invest in energy, artificial intelligence, logistics, mining and other priority national and strategic industries in Canada.
  • Foreign direct investment stock from the UAE in Canada stood at $8.8 billion in 2024, while Canadian direct investment stock in the UAE totaled $242 million that same year.

COP30 deal under threat as nations clash over fossil fuels

The draft text unveiled by COP30 host Brazil made no mention of "fossil fuels" or the word "roadmap" that President...
  • Divisions remain not just over fossil fuels but trade measures and finance for poorer nations to adapt to climate change and move to a low-carbon future.
  • More than 30 countries had warned in a letter to Brazil that they would reject any deal that did not include a plan to move away from fossil fuels.

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...
  • The auction house said Kahlo's work was "painted in 1940 during a pivotal decade in her career, marked by her turbulent relationship with Diego Rivera."
  • The artwork depicts the artist sleeping in a bed that appears to float among clouds in the sky, laying beneath a skeleton with legs that are wrapped with sticks of dynamite