INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

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.

Venezuela’s interim leader names commission to handle Maduro’s release

Venezuela's interim president Delcy Rodriguez on Sunday created a commission to seek the release of president Nicolas Maduro and his...
  • Rodriguez tapped her brother Jorge, president of the National Assembly, and Foreign Minister Yvan Gil to co-chair the commission
  • Accused of drug trafficking and terrorism, Maduro was detained in a New York jail Saturday and is due in court Monday

Netanyahu says Israel won’t let Iran restore ballistic missile programme

Prime Minister Benjamin Netanyahu said Monday that Israel would not allow arch-foe Iran to restore its ballistic missile programme, just...
  • "We will not allow Iran to restore its ballistic missile industry, and certainly we will not allow it renew the nuclear programme that we significantly damaged," Netanyahu said
  • Netanyahu's threat comes days after Trump threatened to "eradicate" Iran's nuclear and ballistic missile programme, after the two leaders met in Washington last week

Volatility grips oil market as nervous investors assess Venezuela

Having spiked in an initial reaction to the military operation to apprehend Nicolas Maduro in Caracas, oil prices quickly dropped...
  • But then oil recovered again as investors realized that Venezuela is in no position to make a meaningful impact on oil supply in the short run.
  • Trump's promise to rebuild Venezuela's crude production capacity with the help of American companies meanwhile sent stocks in oil majors soaring.

‘Tuna King’ pays record $3.2 mn for bluefin at Tokyo auction

Tokyo, Japan -- A Japanese sushi entrepreneur paid a record $3.2 million for a giant bluefin tuna Monday at an...
  • The 510.3 million yen price at the new year's auction was the highest since comparable data started being collected in 1999.
  • The previous high was 333.6 million yen for a 278-kilogram bluefin in 2019, after the fish market moved from its traditional Tsukiji area in central Tokyo to a more modern facility

US to work with current Venezuela leaders if they make ‘right decision:’ Rubio

The United States is ready to work with Venezuela's remaining leaders if they make "the right decision," Secretary of State...
  • "We're going to judge everything by what they do, and we're going to see what they do," Rubio told CBS News' "Face the Nation."
  • US commandos snatched Maduro from a compound in Caracas on Saturday in a risky operation involving jets, helicopters, warships and ground troops

The US and Venezuela’s vast oil reserves: key questions amid sanctions, geopolitics and energy

After a US military operation that seized Nicolas Maduro, President Donald Trump said he wants to allow American oil companies...
  • The country has the largest proven reserves in the world, with 303.221 billion barrels, according to OPEC.
  • Sanctions imposed in 2019 by Trump during his first term contributed to production plunging to a historic low of 350,000 b/d the following year.

At least 80 Yemeni separatists killed in fighting, strikes since Friday

At least 152 members of the UAE-backed STC forces were wounded and 130 were taken captive, a military official from...
  • Saudi-backed forces began on Friday operations to retake swathes of territory seized by the UAE-backed STC.
  • Yemen's presidency on Saturday announced the retaking of resource-rich Hadramawt, following an apparent retreat of the STC.

Maduro now in New York jail as Trump says US to ‘run’ Venezuela

The US president's announcement followed a lightning pre-dawn attack in which commandos grabbed Maduro and his wife while air strikes...
  • Trump said he was "designating people" from his cabinet to be in charge in Venezuela, but gave no further details.
  • In another surprise, Trump indicated US troops could be deployed, saying Washington is "not afraid of boots on the ground."

Bondi shooting responders honoured at Sydney Ashes Test

Sydney, Australia -- England and Australia's cricket teams honoured at the fifth Ashes Test in Sydney on Sunday emergency service...
  • The on-field guard of honour ahead of the clash was accompanied by loud applause from the sold-out crowd.
  • The biggest cheer came when hero Ahmed al Ahmed, who ran towards one of the attackers and wrestled the gun from him, walked out.

Yemen separatists announce two-year transition towards independence in south

Yemen's UAE-backed separatists on Friday announced the start of a two-year transitional period towards declaring an independent state after their...
  • The Southern Transitional Council (STC), whose forces came under fire from deadly Saudi-led coalition airstrikes on Friday, said the process would include dialogue and a referendum
  • SCT forces seized large swathes of Yemen's south, run by a fractious government with competing agendas, in a lightning and largely unopposed offensive last month

Saudi Arabia, Qatar, six others accept Trump ‘Board of Peace’ invite: statement

Saudi Arabia and seven Muslim-majority countries including Gaza mediators Qatar and Turkey have agreed to join US President Donald Trump's "Board...

Latest News

10 killed in Aleppo building collapse: Syria state media

The five-story building collapsed in the Ferdaws neighbourhood of Aleppo. Civil defence and local authorities evacuated residents from nearby buildings...

Sudanese journalists form union to safeguard press freedom

The journalists' syndicate held elections on Saturday, the first since ousted president Omar al-Bashir dissolved independent unions after rising to...

Morocco bus crash leaves 23 dead, scores injured

An average of 3,500 deaths and 12,000 injuries have been recorded annually in Morocco, according to the National Road Safety...

Tunisia train accident leaves nearly 100 passengers injured

A head-on collision between two passenger trains injured 95 people on Monday morning in the south of the Tunisian capital,...

Iranian jet fighter crashes, three killed, reports state TV

Jet fighter crashed in a residential area of the northwestern city of Tabriz.

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...

Trump tells Cuba to ‘make a deal, before it is too late’

The communist-run island near Florida has been a US foe and ally of Caracas for decades, but Trump has ramped...

Iran president says ‘rioters’ must not disrupt society

Pezeshkian accused the United States and Israel of "trying to escalate this unrest with regard to the economic discussion and...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Yemen presidential council says Saudi coalition to lead all southern forces

The announcement comes a few days after Yemeni forces supported by Saudi Arabia recaptured large swathes of territory from the...
  • The oil-rich neighbors formed the backbone of the coalition fighting Iran-backed Houthi rebels in Yemen, who overran the capital Sanaa in 2014 and still control much of the country
  • But Riyadh and Abu Dhabi now find themselves backing competing factions within the Presidential Council, which is recognized by the international community.

AI toys look for bright side after troubled start

Las Vegas, United States -- Toy makers at the Consumer Electronics Show were adamant about being careful to ensure that...
  • The rapid advancement of generative AI since ChatGPT's arrival has paved the way for a new generation of smart toys.
  • Among the four devices tested by PIRG was Curio's Grok, a four-legged stuffed toy inspired by a rocket that has been on the market since 2024.

Palestinian VP meets diplomat expected to serve on Trump’s Gaza peace board

Palestinian vice president Hussein al-Sheikh met on Friday with former UN Middle East envoy Nickolay Mladenov, who is expected to...
  • The meeting in the occupied West Bank city of Ramallah comes a day after Mladenov held talks with Israeli Prime Minister Netanyahu
  • Bulgarian diplomat Mladenov served as the UN envoy for the Middle East peace process from early 2015 until the end of 2020