INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Yemen peace push: Houthi delegation to visit Saudi Arabia

The Houthis' visit, expected within the coming days, will raise hopes of a breakthrough in the quagmire conflict that has...
  • Yemen was plunged into war when the Houthis seized control of the capital Sanaa in September 2014, prompting the Saudi-led intervention the following March.
  • The ensuing fighting has forced millions from their homes, causing one of the world's worst humanitarian crises in a country already pummeled by decades of conflict and upheaval.

Global aid effort intensifies for flood-stricken Libya

Military transport aircraft from Middle Eastern and European nations, along with ships, have been ferrying emergency aid to the North...
  • UN has pledged $10 million to support Libya's survivors, including at least 30,000 people it said had been left homeless in Derna
  • Abdel Fattah al-Sisi, the president of Libya's neighbor Egypt, ordered "the establishment of shelter camps" for survivors of the Libyan disaster

NASA to publish long-awaited UFO report

An independent team of 16 researchers shared their preliminary observations in May, finding that existing data and eyewitness reports are...
  • NASA announced last year it was reviewing evidence regarding unidentified anomalous phenomena, or UAPs - which has replaced the term "UFO" in official parlance
  • The United States government has begun taking the issue of UAPs more seriously in recent years, in part due to concerns that they are related to foreign surveillance

Seven dead as clashes resume in Lebanon Palestinian camp

The Ain al-Helweh refugee camp, on the outskirts of the southern city of Sidon, has been rocked by violence since...
  • The renewed fighting on Wednesday killed seven people and wounded 16, Imad Hallak from the Palestinian Red Crescent's Lebanon branch said.
  • The latest deaths bring to at least 16 the number of people killed in the fighting since it broke out on Thursday, the Palestinian Red Crescent said.

President Putin and Kim Jong Un discuss sending North Korean into space

Moscow, Russia--Vladimir Putin and Kim Jong Un discussed the possibility of sending a North Korean into space, Russian news agencies quoted...
  • The visiting North Korean leader and President Putin held talks on Wednesday at a spaceport in Russia's far east
  • Putin said Kim showed "great interest in rocket technology, and they are trying to develop their presence in space"

Drought, fires threaten Lebanon’s northern forests

In the wake of a blistering and dry summer, residents of the mountainous Akkar region near the Syrian border are...
  • A government official blamed the water shortages on both a lack of rain and rising demand
  • Lebanon "doesn't have the logistical capabilities to deal with a huge fire," said Taleb, a resident

Israel strikes on Syria kill two soldiers: state media

During more than a decade of war in Syria, Israel has launched hundreds of air strikes on its territory, targeting Iran-backed forces...
  • Syrian Observatory for Human Rights war monitor said strikes also targeted a weapons depot belonging to Hezbollah
  • Observatory with a network of sources inside Syria confirmed the death of the two soldiers and a fighter

Inflation surges in US for second successive month

Washington, United States - Consumer inflation in the United States picked up in August for a second straight month, according to...
  • The consumer price index (CPI), a key inflation gauge, jumped 3.7 percent from a year ago, picking up pace from July's 3.2 percent figure
  • The Federal Reserve has lifted the benchmark lending rate rapidly since March last year to tamp down demand and sustainably lower inflation

Birkenstock to enter stock market

Birkenstock employs around 6,200 workers globally.
  • The footwear brand announced Tuesday it was preparing to take another step into the big leagues with an IPO in New York.
  • Birkenstock's most famous sandal is the Arizona, which features two wide straps with buckles, on trademark cork and latex soles.

EU chief wants global experts panel to confront AI challenges

Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific...
  • Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific consensus on climate change.
  • The EU is leading the charge on regulating AI, and aims to green light what would be the world's first law covering the technology by the end of the year.

UN rights expert says complicity with Gaza ‘genocide’ ‘shame of our time’

Albanese added that "this genocide has something different, is openly incited, cynically denied and relentlessly supported, armed and weaponized, while...

Company News

Latest News

Pig kidney removed from US transplant patient, but she set record

Washington, United States - Doctors have had to remove the pig kidney implanted in an American woman after her body...

Gaza rescuers say family of 10 killed in Israel strike

A UN rights office report also warned that expanding Israeli evacuation orders were resulting in the "forcible transfer" of people...

Why investors rush to gold in uncertain economic times?

London, United Kingdom -- Why do investors flock to gold when economic times turn tough? As the precious metal reaches...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Trump admits trade war ‘cost’ as markets hit

Jitters about US tariffs hammered Asian stocks again early Friday as President Donald Trump acknowledged a "cost" to his surging...
  • Trump acknowledged "a transition cost and transition problems," but dismissed global market turmoil. "In the end it's going to be a beautiful thing."
  • On Wall Street, the broad-based S&P 500 finished down 3.5 percent on Thursday after soaring 9.5 percent the day before. The Dow Jones shed 2.5 percent and the Nasdaq 4.3 percent

In skies, as on land, European forces face gaps if US pulls back

Leeuwarden, Netherlands - Fighter jets from the United States, France, Finland and Germany roar into the skies from a Dutch...
  • Since returning to office, US President Donald Trump has sowed doubt over Washington's commitment to underpinning European security
  • But if Trump does decide to withdraw US forces, there are fears that could leave European militaries struggling to plug gaps in key areas

Bridges in the Gulf: wealthy states mediate crisis after crisis

Dubai, United Arab Emirates - When US and Iranian negotiators meet in Oman on Saturday they will be just the...
  • Oman is a long-established venue for Iranian talks, while promoting peace is a pillar of Qatar's foreign policy and even enshrined in its constitution
  • More recently Saudi Arabia has caught on, hosting Ukraine ceasefire talks including the latest round in a lavish hotel in Riyadh last month