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

Indirect talks on ending Gaza war begin in Sharm El-Sheikh: Egypt media

Behind closed doors and under tight security, negotiators will speak through mediators shuttling back and forth, only weeks after Israel...
  • The Hamas delegation, led by top negotiator Khalil al-Hayya who survived the attack in Doha, held a meeting with Egyptian intelligence officials ahead of the talks.
  • Trump, whose envoy Steve Witkoff and son-in-law Jared Kushner are expected in Egypt, has urged negotiators to "move fast" to end the war in Gaza.

What are regulatory T-cells? Nobel-winning science explained

Paris, France -- The Nobel Prize in Medicine was awarded on Monday to three scientists for discovering how a particular...
  • There are now over 200 clinical trials testing treatments involving regulatory T-cells, according to the Nobel ceremony.
  • However the breakthroughs which won Monday's Nobel have not yet led to a drug that is currently in wide use.

China’s chip challenge: the race to match US tech

Beijing, China - China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle...
  • Ramping up its chip industry is a way for Beijing to beat restrictions imposed by Washington on exports of the most advanced chips -used to power AI systems
  • The United States cites national security concerns, such as the risk of giving China a military advantage, for the block, a geopolitical bind that shows no sign of easing

Turkey bans Oct 7 Robbie Williams concert over ‘safety concerns’

Istanbul, Turkey - Turkish authorities have banned a Robbie Williams concert scheduled for October 7 in Istanbul over "safety concerns"...
  • The concert would have occurred on the anniversary of the devastating Hamas-led attacks in Israel that triggered war in Gaza and a global protest movement against it
  • The British singer Williams, whose wife is Jewish, performed in Israel in 2015 and 2023  despite calls from pro-Palestinian activists to boycott the country

Iran says cooperation with UN nuclear watchdog ‘no longer relevant’

Iran's top diplomat said Sunday that cooperation with the United Nations nuclear watchdog was no longer relevant following the reimposition...
  • "The Cairo agreement is no longer relevant for our cooperation with the IAEA (International Atomic Energy Agency)," Foreign Minister Abbas Araghchi said
  • The deal had set up a framework to resume cooperation and allow the watchdog to inspect Iranian sites, after Tehran suspended cooperation following Israeli and US strikes

Vietnam defies US tariffs with 8.2% growth in third quarter

Hanoi, Vietnam -- Vietnam recorded economic growth of 8.2 percent in the third quarter, among the highest increases in more...
  • Finance Minister Nguyen Van Thang said the figure -- excluding the surge in 2022 driven by a post-Covid recovery -- was "the highest quarterly growth since 2011".
  • The Southeast Asian manufacturing hub achieved growth of 7.96 percent in the second quarter.

Hamas calls for swift hostage-prisoner swap as talks set to begin

Foreign ministers of several countries, including Egypt, said the talks were a "real opportunity" to achieve a comprehensive and sustainable...
  • The diplomatic push follows Hamas's positive response to Trump's roadmap for an end to the fighting and the release of hostages in exchange for Palestinians in Israeli jails.
  • The White House said Trump had also sent two envoys to Egypt -- his son-in-law Jared Kushner and Middle East negotiator Steve Witkoff.

Bangladesh deploys warships to protect prized hilsa fish

Dhaka, Bangladesh -- Bangladesh's defense force said it has deployed warships and patrol aircraft as part of a special surveillance...
  • The herring-like hilsa return from the Bay of Bengal to rivers each year to lay eggs.
  • Bangladeshi authorities said on Saturday they had imposed a three-week ban on fishing from October 4-25 to safeguard the spawning areas.

Bitcoin hits record high above $125,000

Tokyo, Japan -- Bitcoin reached a new record high on Sunday, rising above the $125,000 mark. The cryptocurrency reached $125,689,...
  • The cryptocurrency reached $125,689, shooting above its previous August record of around $124,500.
  • Bitcoin has enjoyed a strong upward momentum with investors cautious about the US government shutdown.

Syria selects members of first post-Assad parliament

Damascus, Syria -- Syria will select members of its first post-Assad parliament on Sunday in a process criticized as undemocratic,...
  • more than 1,500 candidates -- just 14 percent of them women -- are running for the assembly, which will have a renewable 30-month mandate.
  • Sharaa is to appoint 70 representatives out of the 210-member body.

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

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'...

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...

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

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Deja vu? Trump accused of economic denial and physical decline

Washington, United States -- An aging president faces poor poll numbers and suspicions about his health but insists that America...
  • According to a poll by the University of Chicago for the Associated Press, published Thursday, only 31 percent of Americans are satisfied with Trump's economic policy.
  • Like his predecessor, Trump today is trying to steer some of consumers' discontent toward big corporations suspected of inflating prices.

Hamas says weapons are ‘legitimate right’, open to proposals that preserve it

"Resistance and its weapons are a legitimate right guaranteed by international law and are linked to the establishment of a...
  • "We are open to studying any proposals that preserve this right while guaranteeing the establishment of a Palestinian state."
  • The US-sponsored ceasefire, in effect since October 10, remains fragile as Israel and Hamas accuse each other almost daily of violations.

Gunmen kill 11 at Jewish festival on Australia’s Bondi Beach, one of the biggest tourist draws

Police declared the shooting a "terrorist incident" and said they had found suspected "improvised explosive devices" in a vehicle near...
  • The shooting took place during an anncual "Hanukkah by the Sea" event at Bondi Beach which police said was attended by over a thousand people
  • Prime Minister Benjamin Netanyahu accused Australia's government of having fuelled anti-Jewish sentiment in the period leading up to the shooting