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.

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.

Israel says Gazans who landed in S. Africa unexpectedly had third-country approval

Israeli authorities said on Saturday that 153 Palestinians who turned up unexpectedly in South Africa, triggering questions from its president,...
  • After landing in Johannesburg on Thursday, the Gazans were kept aboard their plane for 12 hours because they did not have departure stamps from Israel in their passports
  • The home affairs ministry finally allowed the passengers to disembark when an NGO said it would provide them with accommodation

Google announces $40 billion Texas investment to expand AI infrastructure

Google announced Friday a major $40 billion investment in Texas through 2027 to build new cloud computing and artificial intelligence...
  • The investment will fund new data center campuses in northern Texas, adding to Google's presence in the Lone Star State that spans more than 15 years, the company said
  • "Our latest investment in Texas is designed to not only support Texas' workforce, but to ensure the US retains the technical backbone to lead the world in AI," Google said

EU approves ADNOC’s purchase of Germany’s Covestro

Brussels, Belgium -- The European Commission on Friday greenlit the takeover of German chemical firm Covestro by UAE state oil...
  • Plastics maker Covestro accepted a bid from the Abu Dhabi National Oil Company in October, valuing the company at 12 billion euros ($14 billion).
  • ADNOC has promised to inject around 1.2 billion euros into the chemicals firm through the issuance of new shares under the terms of the takeover.

Saudi prince, eyeing defense pledge, to meet Trump after long US absence

Saudi Arabia is unlikely to agree to normalization with Israel at this stage, with Prince Mohammed's priority set for firmer...
  • A US-Saudi investment forum spotlighting energy and artificial intelligence will take place in Washington during the prince's visit, the event's website says.
  • As Riyadh embarks on ambitious tourist and entertainment projects to diversify its oil-reliant economy, it has sought to de-escalate regional tensions -- including with Iran.

Global CO2 emissions to hit record high in 2025, making 1.5°C target nearly impossible

Global fossil fuel emissions are set to hit a new high in 2025, according to research published Thursday that also...
  • The annual Global Carbon Budget report looks at humanity's emissions of planet-heating CO2 from burning hydrocarbons, cement production and land use
  • The failure to cut planet-heating emissions is overshadowing the COP30 in the rainforest city of Belem -- the conference taking place this week without the presence of the US

Rubio says US ‘optimistic’ for UN resolution on Gaza, backing an international force

US Secretary of State said the United States was speaking with different countries on ways to "balance their interests here,...
  • Rubio said the United States was speaking with different countries on ways to "balance their interests here, and how that's structured beyond just the security force."
  • The United States last week started circulating the draft resolution that would follow up on a ceasefire in the two-year war championed by President Donald Trump

Negotiations under way on Hamas fighters trapped in Gaza tunnels: sources close to talks

An Israeli government spokesperson told AFP earlier this month that Prime Minister Benjamin Netanyahu "is not allowing safe passage for...

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.

G20 grapples with splintering world order

"Too many countries are retreating into geopolitical blocs or the battlegrounds of protectionism," Canadian Prime Minister Mark Carney told reporters....

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,...

Most Read

Trump pushes Ukraine to accept his plan for ending the war ahead of Nov 27 deadline

"He'll have to like it, and if he doesn't like it, then you know, they should just keep fighting," Trump...
  • "He'll have to like it, and if he doesn't like it, then you know, they should just keep fighting," Trump told reporters who asked about Zelensky's less-than-enthusiastic response
  • "At some point he's going to have to accept something," Trump added during the Oval Office meeting with New York City's future mayor Zohran Mamdani

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.