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

UN experts urge FIFA, UEFA to suspend Israel over Gaza genocide

"Sports must reject the perception that it is business as usual," the eight independent UN experts the in a statement....
  • Their comments came after the UN Independent International Commission of Inquiry (COI) said that "genocide is occurring in Gaza" and that Israel was to blame.
  • The experts said countries that host international organizations and sporting competitions with Israel must not "remain neutral in the face of genocide".

‘The time for peace has come:’ Macron recognizes Palestinian state at landmark UN summit

Israeli Prime Minister Benjamin Netanyahu has vowed not to allow a Palestinian state and far-right members of his cabinet have...
  • Macron, speaking at a summit that Israel and its chief backer the United States did not attend, called for an end to the war in Gaza
  • "The time for peace has come, as we are just moments away from no longer being able to seize it," Macron said in an address in the General Assembly

Hamas releases video of Israeli-German hostage seen alive

Hamas' armed wing released a video on Monday showing an Israeli-German hostage alive, the second such footage of him shared...
  • Hostages and Missing Families Forum and the captive's family identified him as Alon Ohel, who was abducted by Palestinian militants during their October 7, 2023 attack
  • In the video Ohel, 24, dressed in a black t-shirt, appeals to Prime Minister Benjamin Netanyahu to secure the release of all captives still held in Gaza

Nvidia to invest up to $100 bn in OpenAI data centers

San Francisco, United States - Nvidia said Monday it will invest up to $100 billion in OpenAI, building infrastructure for...
  • The strategic partnership aimed at deploying massive data center capacity unites generative AI star OpenAI with the leading maker of chips powering the technology
  • "Compute infrastructure will be the basis for the economy of the future," OpenAI chief executive Sam Altman said in a joint release

Israel says will not allow Gaza-bound aid flotilla to break its blockade

The Global Sumud Flotilla, also carrying prominent pro-Palestinian advocates including Swedish climate activist Greta Thunberg, set sail for Gaza earlier...
  • Israeli foreign ministry said the vessels would be allowed to dock at Ashkelon from where the aid could be delivered to Gaza.
  • Prior to its departure, the organizers of the flotilla said that two of its boats were targeted by drone attacks.

IEA feels the heat as Washington pushes pro-oil agenda

Paris, France -- No stranger to ire from oil-producing nations, the International Energy Agency (IEA) is facing pressure from the...
  • The United States, the world's biggest oil producer, is threatening to withdraw from the global energy authority unless internal changes are made.
  • In recent years, the IEA has increasingly charted a decline in fossil fuels and a massive renewables boom.

‘I don’t recognise my country,’ says Angelina Jolie

San Sebastian, Spain - American actress Angelina Jolie said Sunday she no longer recognises her country, voicing concern over threats...
  • Her comments come as worries grow over free speech in the United States, after President Donald Trump's crackdown on critical media
  • "Anything, anywhere, that divides or, of course, limits personal expressions and freedoms and, from anyone, I think is very dangerous," she added

Who recognises the State of Palestine, who doesn’t, and why does it make a difference?

Here is an overview of diplomatic recognition of the state, which was unilaterally proclaimed by the Palestinian leadership in exile...
  • Several other countries including France, Belgium, Luxembourg and Malta are expected to follow suit during a summit on the future of the two-state solution
  • Russia, alongside all Arab countries, almost all African and Latin American countries, and most Asian countries including India and China are already on the list

Embattled Turkey opposition re-elects leader at party congress

Turkey's main opposition CHP re-elected its leader Ozgur Ozel at an extraordinary congress Sunday as the party fights off a...
  • The move comes as the Republican People's Party (CHP), seeks to shore up its leadership as opponents of President Recep Tayyip Erdogan have faced a series of lawsuits and arrests
  • At Sunday's 22nd extraordinary congress in the capital Ankara, delegates overwhelmingly re-elected Ozel who won all 835 valid votes cast as another 82 were ruled invalid.

Israel’s Netanyahu says peace with Lebanon and Syria possible

Prime Minister Benjamin Netanyahu said Sunday that Israel's war with Lebanese militant group Hezbollah had created the possibility for peace...
  • Syria and Israel have technically been at war since 1948, but the two countries opened direct negotiations after the ouster of long-time ruler Bashar al-Assad
  • In Lebanon, meanwhile, Israel has continued to strike Hezbollah targets despite a November ceasefire that sought to end more than a year of hostilities with the Iran-backed group

Some food preservatives linked to higher cancer, diabetes risk

Paris, France -- Eating some common food preservatives is linked to a slightly higher risk of eventually developing cancer and...

Latest News

US-Israel-Qatar meeting seeks to salvage Gaza peace deal amid strain over Israeli strike on Doha

Axios also reported White House envoy Steve Witkoff hosted the meeting, with Mossad spy chief David Barnea representing Israel and...

Mediators Qatar and Egypt call for next steps in fragile Gaza truce

"Now we are at the critical moment... A ceasefire cannot be completed unless there is a full withdrawal of the...

Divided US Fed set for contentious interest rate meeting

When the Fed last met in October, Chair Jerome Powell asserted that another rate cut in December was "not a...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Netflix’s $83 billion takeover of Warner Bros reshapes Hollywood as regulators prepare intense antitrust scrutiny

Streaming giant Netflix said Friday it will buy film and television studio Warner Bros. Discovery for nearly $83 billion, the...
  • The acquisition, which will face regulatory scrutiny by the Trump administration and is opposed by top names in Hollywood, gives Netflix access to a vast film catalog
  • It does not include cable channels such as CNN, TNT, TBS and Discovery, which are being spun off by Warner Bros. Discovery before the deal is due to close.

Abu Dhabi showdown – how the F1 title can be won

Paris, France - AFP Sport assesses how the 2025 Formula One drivers' title can be won at the season finale...
  • "All" Norris has to do to claim his maiden title is finish on the podium at Yas Marina, irrespective of where his two title rivals finish.
  • But on a cautionary note Norris has failed to make the top three in six races this year, including his disqualification from second in Las Vegas due to a technical infringement

Trump says Putin wants to end war, US to hold new talks with Ukraine

Trump's envoy Steve Witkoff and son-in-law Jared Kushner huddled into the early hours with Putin in the Kremlin but reached...
  • Steve Witkoff and Jared Kushner huddled into the early hours with Putin in the Kremlin but reached no breakthrough on halting Europe's worst conflict since World War II
  • The Kremlin said afterward it found parts of the US plan to end the war unacceptable, even though the proposal includes Ukraine ceding parts of the eastern Donbas region