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.

Israel to ban 37 organizations operating in Gaza, aid flow under threat

Apart from MSF, some of the 37 NGOs to be hit with the ban are the Norwegian Refugee Council, World...
  • In a territory with 2.2 million inhabitants, "1.3 million people still require urgent shelter support," the ministers of Britain, Canada, Denmark and several other nations said.
  • On Wednesday, the United Nations rights chief Volker Turk described Israel's decision as "outrageous", calling on states to urgently insist Israel shift course.

Syria reveals new post-Assad banknotes

Syrian leader Ahmed al-Sharaa unveiled on Monday new banknotes replacing those showing ousted ruler Bashar al-Assad and his family, hoping...
  • Since the start of Syria's civil war in 2011, the pound has plunged from 50 to around 11,000 against the greenback
  • The removal of the zeros, which does not impact the currency's value, was done to make transactions easier

“Hell to pay”: Trump warns Hamas after Netanyahu talks, threatens Iran with fresh strikes

US President Donald Trump warned Iran of fresh strikes and said Hamas would have "hell to pay" if it fails...
  • Speaking at a news conference with Netanyahu, Trump threatened to "eradicate" any attempt by Tehran to rebuild its nuclear program
  • Trump also downplayed reports of tensions with Netanyahu over the Gaza ceasefire, saying Israel had "lived up" to its commitments

Meta buys China-founded AI agent Manus

Singapore, Singapore -- Facebook owner Meta has agreed to acquire Manus, an artificial intelligence agent created by a company founded...
  • However, analysts warned the deal could fall foul of regulators at a time of fierce technological rivalry between Washington and Beijing.
  • Exceeding the capabilities of AI chatbots like ChatGPT, AI agents can autonomously perform complex tasks for users, and are seen as having huge potential.

Saudi Arabia condemns ‘dangerous’ UAE moves in Yemen after striking shipment

Riyadh also backed a demand from Yemen's presidential council for Emirati forces to withdraw from the country within 24 hours,...
  • In recent weeks, separatists backed by the UAE seeking to revive the formerly independent state of South Yemen have made sweeping territorial gains in a lightning offensive.
  • The UAE said "the shipment in question did not contain any weapons, and the vehicles unloaded were not intended for any Yemeni party."

Netanyahu to meet Trump in Florida for talks on Gaza peace plan, Iran

Israeli Prime Minister Benjamin Netanyahu will meet Donald Trump in Florida on Monday, with the US president pushing to move...
  • Netanyahu is also expected to try to shift some focus onto Iran, amid reports he will call for more US strikes on the Islamic republic
  • He will bring up the "danger Iran poses not only to the region of the Middle East, but the United States as well," Israeli spokeswoman said

Somali president to visit Turkey after Israeli recognition of Somaliland

Somalia's president is to visit close ally Turkey on Tuesday following Israel's recognition of the breakaway territory of Somaliland, Turkey's...
  • Turkey denounced Israel's recognition of Somaliland, a self-proclaimed republic, calling it "overt interference in Somalia's domestic affairs"
  • Ankara, a close ally of Somalia, provides military and economic assistance to the country that has been devastated by civil war

China says to launch digital currency action plan

Beijing, China -- China will on January 1 launch an "action plan" for boosting management and operations of its digital...
  • The "action plan" will see banks pay interest on balances held by clients in digital yuan -- a move to incentivize broader adoption of the currency.
  • The plan also includes a proposal to establish an international digital yuan operations centre in the eastern financial hub of Shanghai, the report said.

Emirates mining company challenges Guinea license withdrawal

Dakar, Senegal -- Mining company Axis International said Monday it was seeking World Bank arbitration against Guinea for withdrawing its...
  • Guinea, which has been run by a junta since a coup in 2021, has cancelled dozens of licences for international and domestic companies mining bauxite, gold, iron ore or diamonds.
  • had operated Guinea's second-biggest bauxite mine with estimated reserves of more than 800 million tons since 2010.

France’s screen siren Brigitte Bardot dies at 91

Saint-Tropez, France - French film sensation Brigitte Bardot, a symbol of sexual liberation in the 1950s and 1960s who reinvented herself...
  • Tributes were paid to the star who was known as "BB" in her home country, with Macron calling her a "legend" of the 20th century
  • Bardot became a global star after appearing in "And God created Woman" in 1956, and went on to appear in about 50 more movies

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...

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.

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...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

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.