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

OpenAI announces Broadcom deal as spending spree continues

OpenAI, the company behind ChatGPT, announced Monday it is teaming up with chip giant Broadcom to design and build its...
  • The partnership is the latest in a series of recent announcements by OpenAI as it seeks to strengthen its position as the preeminent company of the generative AI revolution
  • The partnership, which the companies said would launch next year, would provide 10 gigawatts in computing power, requiring roughly the energy needed to power a major city

Nobel economist warns of AI dangers amid “amazing possibilities”

Washington, United States - A winner of this year’s Nobel prize in economics warned Monday that artificial intelligence offers "amazing...
  • The remarks from Canadian Peter Howitt, professor emeritus at Brown University in the United States, came amid growing concerns about how AI will impact society and labor market
  • Howitt was one of three economists honored Monday by the Royal Swedish Academy of Sciences for work on how technology drives and affects growth

As Trump mulls imposing additional 100% tariff, China says will ‘fight to the end’ in trade war

China said on Tuesday it was ready to "fight to the end" in a trade war with the United States...
  • "On the matter of tariff wars and trade wars, China's position remains consistent," an unnamed commerce ministry spokesperson said
  • Concerns spiked over the weekend that the trade war between the world's top two economies will worsen after Trump announced extra 100 percent tariffs on all Chinese goods

Qatar revealed as owner of famed Courbet self-portrait

Paris, France -- Qatar has revealed itself as the owner of a famous self-portrait by French realist master Gustave Courbet...
  • "The Desperate Man" depicts Courbet with a wild-eyed stare looking out of the canvas in a work that is one of his best known alongside "The Stone Breakers".
  • Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani, head of Qatar Museums and sister of the Gulf state's ruler, said the painting was destined for the Art Mill Museum.

Trump hails ‘tremendous day for Middle East’ as leaders sign Gaza declaration

As part of Trump's plan to end the Gaza war, Hamas on Monday freed the last 20 surviving hostages it...
  • In exchange, Israel released 1,968 mostly Palestinians held in its jails, its prison service said.
  • In the occupied West Bank city of Ramallah, huge crowds gathered to welcome home the first buses carrying the released Palestinians.

AI or inequality tipped for economics Nobel

Stockholm, Sweden - The Nobel economics prize wraps up the 2025 season when it is announced on Monday, as experts...
  • Last year it went to Turkish-American Daron Acemoglu and British-Americans Simon Johnson and James Robinson for research into wealth inequality between nations
  • For Micael Dahlen, a professor at the Stockholm School of Economics, it is important to look at the disciplines recognised in previous years

Trump says may warn Putin Ukraine could get Tomahawks if Russia doesn’t end invasion

US President Donald Trump said Sunday he may warn Russian counterpart Vladimir Putin that Ukraine could get Tomahawk cruise missiles...
  • Trump has been mulling potential supplies of the long-range missiles to Kyiv via European allies since his meeting with Putin in Alaska in August failed to produce a peace deal
  • The US leader said Ukrainian President Volodymyr Zelensky had asked for Tomahawks when they were discussing a fresh supply of weapons for Kyiv in a call on Saturday

As Trump heads to the region for peace summit, Hamas, Israel set for hostage and prisoner exchanges

Trump's lightning visit to Israel and Egypt aims to celebrate his role in brokering last week's ceasefire and hostage release...
  • Trump's lightning visit to Israel and Egypt aims to celebrate his role in brokering last week's ceasefire and hostage release deal
  • Speaking to reporters on Air Force One at the start of the "very special" visit, Trump brushed off concerns about whether the ceasefire would endure

Hamas will not govern post-war Gaza: Hamas source close to negotiating committee

Doha, Qatar -- A Hamas source close to the group's negotiating committee told AFP on Sunday that it will not...
  • Hamas' leadership has in the past been divided on key issues, including on the future administration of Gaza.
  • But where there appears to be no division among top members is on the question of disarmament, which the group has long described as a red line.

China accuses US of ‘double standards’ over new tariffs threat

Beijing, China -- China accused the United States of "double standards" on Sunday, after President Donald Trump threatened an additional...
  • China said on Friday that it would impose "special port fees" on ships operated by and built in the US, calling it a "defensive action."
  • The US leader also threatened to pull out of a mooted meeting with Xi at the Asia-Pacific Economic Cooperation summit in South Korea.

Trump reposts suggestion that Rubio become next Cuba leader

President Donald Trump reposted a social media message on Sunday suggesting that US Secretary of State Marco Rubio, born to Cuban...

Latest News

US vows Hamas disarmament in talks on next Gaza phase as regional officials met

US Secretary of State Marco Rubio on Friday urged the disarmament of Hamas but voiced hope for headway on reaching...

Hamas official says Miami talks must end Israel’s truce violations in Palestinian territory

A top Hamas official said Friday that talks in Miami to advance the next phase of the Gaza ceasefire must...

Lebanese, Israeli officials discuss Hezbollah disarmament, security in border areas: PM office

Israel said a Friday meeting involving civilian and military representatives from both Lebanon and Israel was part of broader efforts...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Egypt says $35 billion Israel gas deal ‘commercial’, not ‘political’

Under the agreement, Israel will increase the total volume of gas supplied to Egypt to 130 billion cubic meters, according...
  • Egypt has struggled with energy supplies in recent years, having sought to both meet its domestic needs and position itself as a regional energy hub.
  • Egypt was the first country in the region to sign a peace deal with Israel in 1979, and the two countries have since had decades of close security collaboration.

US, Qatar, Turkey, Egypt to hold talks on next phase of Gaza truce in Miami

Under the second stage, Israel is supposed to withdraw from its positions in Gaza, an interim authority is to govern...
  • But progress has so far been slow in moving to the following phase of October's agreement between Israel and Hamas.
  • Turkey said Foreign Minister Hakan Fidan would attend the talks.

Putin says Russia will ‘certainly’ achieve its goals in Ukraine including seizing the territories

Russian President Vladimir Putin said on Wednesday Moscow would "certainly" achieve its goals in the offensive in Ukraine, including seizing...
  • "The goals of the special military operation will certainly be achieved," Putin told a meeting with defence ministry officials in Moscow
  • His hawkish comments come as Ukraine on Monday hailed "progress" made on the question of future security guarantees for Kyiv