INSEAD Day 4 - 728x90

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.

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

Trump imposes full travel bans on seven more countries, Palestinians

Other countries newly subjected to the full travel ban came from some of Africa's poorest countries -- Burkina Faso, Mali,...
  • The Trump administration has promised to let in athletes for football's signature competition, but has made no such promises for fans of blacklisted countries.
  • Global Refuge, a Christian-based group that supports refugees, warned that the travel ban would push vulnerable people further into harm's way.

Global coal demand expected to hit record in 2025: IEA

In its annual report on the coal industry, the International Energy Agency said demand was on course to rise by...
  • China and India are usually the main drivers of growth in coal consumption as the two emerging economies race to meet rising demand for electricity.
  • The IEA sees demand in China, the top coal consuming nation, decreasing somewhat over the next five years.

Ancient cures and AI: WHO seeks evidence for traditional medicine

New Delhi, India -- The World Health Organization opens a major conference on traditional medicine on Wednesday, arguing that new...
  • The meeting in New Delhi will examine how governments can regulate traditional medicine while using emerging scientific tools to validate safe and effective treatments.
  • The UN body hopes this push will help make ancestral practices more compatible with modern healthcare systems.

Famed Jerusalem stone still sells despite West Bank economic woes

Sair, Palestinian Territories - Despite the catastrophic state of the Palestinian economy, Faraj al-Atrash, operator of a quarry in the...
  • The war in Gaza, triggered by Hamas's October 2023 attack on Israel, dealt a severe blow to a Palestinian economy that was already in poor shape
  • Israel, which has occupied the West Bank since 1967, has recently set up hundreds of new checkpoints across the territory, paralysing commercial transport

Netflix boss promises Warner Bros films would still be seen in cinemas

Netflix will continue to distribute Warner Bros. films in cinemas if its takeover bid for the storied studio is successful,...
  • "We're going to continue to operate Warner Bros. studios independently and release the movies traditionally in cinema," chief executive Ted Sarandos said
  • In early December, Netflix announced that it had reached an agreement with Warner Bros. Discovery (WBD) to acquire most of the group for $83 billion

US unemployment rises further, hovering at highest since 2021

A deteriorating jobs market could nudge the central bank to lower rates further to boost the economy, despite some policymakers'...
  • The report underscoring a labor market cooldown in the world's biggest economy said the economy lost 105,000 jobs in October.
  • Hiring picked up again in November to 64,000, but this was still a slower pace than before.

First European Union airline flight in 35 years lands in Baghdad

Baghdad, Iraq -- Iraq's transport ministry said Tuesday that a flight operated by Greece's Aegean Airlines had been the first...
  • European airlines have not operated direct flights to Baghdad International Airport for security reasons since the early 1990s, when Saddam Hussein invaded Kuwait.
  • But, after decades of turmoil, Iraq has recently begun to regain a sense of stability and the government is striving to attract foreign investment to bolster the country's economy.

Israeli army to demolish 25 residential buildings in West Bank camp: local authorities

The Israeli army is to demolish 25 residential buildings in the north West Bank's Nur Shams refugee camp later this...
  • In early 2025, Israel's military launched an operation it says is aimed at rooting out Palestinian armed groups from refugee camps
  • During the operation, Israel has destroyed hundreds of houses in the dense network of alleys that make up the refugee camps

Iraqis cover soil with clay to curb sandstorms

Samawah, Iraq -- Deep in Iraq’s southern desert, bulldozers and earthmovers spread layers of moist clay over sand dunes as...

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.

“New Suez Canal on rails”: Egypt high-speed trains to connect Red Sea, Mediterranean

Workers have started laying tracks in the desert east of Cairo for Egypt's first high-speed train, which will link the...

Gazans fear renewed displacement after Israeli strikes

Residents say the strikes have targeted neighborhoods east of the so-called Yellow Line -- a demarcation established under the truce...

Kuwait signs $4.1 billion deal with China to build port

Kuwait City, Kuwait -- Kuwait has signed a deal worth $4.1 billion with China to complete the construction of a...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Tech stocks lead Wall Street higher, gold hits fresh record

Tech firms also led the rally in Asia, with South Korea's Samsung Electronics, Taiwan's TSMC and Japan's Renesas among the...
  • Gold, which benefits from expectations of lower US interest rates, hit a fresh record of $4,442.19, while silver also struck a new peak.
  • The precious metals, which are go-to assets in times of crisis, also benefited from geopolitical worries as Washington steps up its oil blockade against Venezuela.

Billionaire Ellison offers personal guarantee for son’s Warner Bros bid

Washington, United States -- Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile...
  • Netflix shocked the industry December 5 by announcing it had sealed an agreement to buy the film and television studio and HBO Max streaming business for nearly $83bn.
  • Three days later, Paramount launched an all-cash tender offer valuing the entertainment giant at $108.4 billion.

Pressure on Morocco to deliver as Africa Cup of Nations kicks off

Morocco carry a huge weight of expectation into their opening game at the Africa Cup of Nations on Sunday as...
  • Senegal, Ivory Coast, Mohamed Salah's Egypt and a Nigeria side led by Victor Osimhen are the biggest rivals for Morocco at the AFCON
  • Morocco, Africa's best team in the FIFA rankings in 11th place, kick off the tournament on Sunday against minnows Comoros