INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

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.

OpenAI halts MLK videos as deepfakes spark outrage

Washington, United States -- OpenAI has suspended its Sora 2 artificial intelligence tool from creating videos of civil rights icon...

Jailed Khan’s allies running close race in Pakistan poll

The PML-N had been expected to win the most seats following Thursday's vote, with analysts saying its 74-year-old founder Nawaz...
  • Unofficial tallies on local TV stations had independents in the lead for many of the remaining seats up for grabs in the 266-member assembly
  • Before the first results were officially announced, PTI chief organiser Omar Ayub Khan said he was confident the party had done enough

L’Oreal net profit jumps 8.4%

The company's profit surged to US$6.8bn last year.
  • The cosmetics giant in statement said its net profit jumped to $6.8 billion while sales grew 7.6 percent
  • In North Asia, its sales fell 5.8 percent to $11.52bn, but in South Asia sales jumped 23.2 percent to $3.66bn

Russia cannot be defeated in Ukraine: Putin

During a two-hour long interview with the former Fox News host Tucker Carlson, Russia's President Vladimir Putin defended his decision...
  • It was the first interview of Putin by a Western journalist since 2019
  • Putin said a deal "can be reached" on imprisoned Wall Street Journal reporter

Palestinian official says Hamas still seeks truce despite Israeli denial

"We expect the negotiations to be very complex and difficult but Hamas is open to discussions and the movement is...
  • Israel's Prime Minister Benjamin Netanyahu on Wednesday dismissed the organization's ceasefire proposal, calling it "bizarre".
  • The Palestinian official said a Hamas delegation would meet Egyptian officials in Cairo from Thursday to again discuss the details of ceasefire.

US strikes destroy two Houthi missile systems in Yemen

Washington, US - The United States military confirmed on Thursday its forces conducted multiple strikes against Houthi missile systems as the...
  • US "conducted self-defense strikes against two Houthi mobile anti-ship cruise missiles prepared to launch against ships in the Red Sea," CENTCOM said.
  • The strikes "will protect freedom of navigation and make international waters safer and more secure for US Navy and merchant vessels", it said.

Scientists in UK create new fusion record

LONDON, UK - Scientists in Britain announced on Thursday they had smashed a record for generating fusion energy in the final...
  • Over 300 scientists and engineers from EUROfusion contributed to JET's landmark experiments over 40 years.
  • Proponents believe it could one day help tackle climate change by providing an abundant, safe and clean source of energy.

World sees first 12 months above 1.5C warming level, says climate monitor

PARIS, FRANCE -  Earth has endured 12 consecutive months of temperatures 1.5C hotter than the pre-industrial era for the first time...
  • Recent months have seen a global onslaught of extremes, including devastating drought gripping the Amazon basin
  • The UN's IPCC climate panel had already warned that the world will likely crash through 1.5C in the early 2030s.

Siemens posts increased Q1 profit

The company said orders nearly doubled in mobility division.
  • The group, whose products range from trains to factory equipment, made a net profit of 2.4 billion euros ($2.6 billion) between October and December
  • "Siemens again delivered a strong quarter, maintaining a trajectory of profitable growth," CEO Roland Busch said in a statement

Qatar eyes second successive Asian Cup in final against Jordan

Doha, Qatar - An Asian Cup full of late goals and surprises reaches a climax on Saturday when hosts and holders...
  • With much of the crowd behind them and as reigning champions, Qatar will be expected to beat a Jordan side ranked 29 places below them by FIFA
  • In striker Akram Afif, Qatar have one of the players of the tournament and he scored a glorious goal against Iran to take his tally to five in six games

Butter chicken battle hits Indian court

Moti Mahal, one of the city's oldest restaurant chains, accuses rival of falsely taking credit for inventing the marinated chicken...
  • The lawsuit, running to over 2,000 pages, claims that Moti Mahal's founder first crafted the dish by adding a rich tomato-based gravy to leftover chicken to keep the pieces moist
  • The restaurant is seeking 20 million rupees ($240,000) in damages, and wants the court to bar Daryaganj from claiming its family pioneered the recipes

Iran says no longer bound by ‘restrictions’ on its nuclear programme

Iran said on Saturday that it was no longer bound by restrictions on its nuclear programme as a landmark 10-year...

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Israel expands Gaza campaign ahead of Netanyahu’s US visit

The intensified operations came after days of mounting calls for a ceasefire, with US President Donald Trump -- whom Netanyahu...

Gaza mourns those killed in Israeli strike on seafront cafe

Once a bustling seafront spot where young people could hope for a rare respite from war, Gaza City's al-Baqa cafe...

Eight-country coalition aims to tax luxury air travel

Seville, Spain -- Countries including France, Kenya, Barbados and Spain on Monday launched a coalition to push for taxes on...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Saudi Arabia to host Italian Super Cup in December

Rome, Italy -- Next season's Italian Super Cup will be played for the fourth time in Saudi Arabia but in...
  • "The dates for the Super Cup are December 18 and 19 for the semi-finals, and the 22 for the final," said Lega Serie A boss Ezio Simonelli.
  • "We don't yet know where these matches will be played, either in Riyadh or Jeddah. The choice will be made by the Saudis. I would be more in favor of Jeddah," he added.

Trump administration threatens new Harvard cuts over Jewish rights

New York, United States - The Trump administration on Monday accused Harvard of violating the civil rights of its Jewish...
  • Harvard has been at the forefront of Donald Trump's campaign against top universities after it defied his calls to submit to oversight of its curriculum
  • Trump and his allies claim that Harvard and other prestigious US universities are unaccountable bastions of liberal, anti-conservative bias and anti-Semitism

British FM David Lammy in Turkey to bolster trade ties

Britain's top diplomat David Lammy held top-level talks in Ankara Monday that touched on developments in the Middle East and...
  • It was the first official visit by the British foreign secretary who took office a year ago, and held talks with his Turkish counterpart Hakan Fidan and President Erdogan
  • Speaking after the talks, Fidan said the pair discussed the 12-day Iran-Israel war that ended nearly a week ago, and the importance of shoring up the ceasefire