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

Ethiopia inaugurates Africa’s biggest dam, drawing Egyptian protest

Guba, Ethiopia -- Ethiopia inaugurated the continent's largest hydroelectric project on Tuesday in what Prime Minister Abiy Ahmed called a...
  • Towering 170 meters (550 feet) and stretching nearly two kilometers (1.2 miles) across the Blue Nile near the Sudanese border, construction on the dam began in 2011.
  • The $4-billion megastructure is designed to hold 74 billion cubic meters of water and generate 5,150 megawatts of electricity -- more than double Ethiopia's current capacity.

Israeli strikes in Doha kill Hamas negotiator’s son, Qatari corporal

The strikes have drawn condemnation, including from UN chief Antonio Guterres, who condemned Israel's "flagrant violation" of Qatari sovereignty.
  • Among the key Hamas leaders based in Qatar are lead negotiator Khalil al-Hayya and political bureau chief Khaled Meshaal.
  • The strikes have drawn condemnation, including from UN chief Antonio Guterres, who condemned Israel's "flagrant violation" of Qatari sovereignty.

Macron scrambles to find new French PM to stave off a political crisis after Bayrou ousted

On Monday, Bayrou suffered a crushing loss in a confidence vote he had himself called, plunging France into fresh uncertainty...
  • On Monday, Bayrou suffered a crushing loss in a confidence vote he had himself called, plunging France into fresh uncertainty
  • The French presidency said in a statement that Macron "took note" of the outcome and said he would name a new premier "in the next days."

Israeli PM tells Gaza City residents to ‘leave now’ as military ramps up deadly assault

Israel has been intensifying its bombardment of the city in preparation for an operation to conquer it, despite repeated entreaties...
  • Israel has been intensifying its bombardment of the city in preparation for an operation to conquer it, despite repeated entreaties from Western nations and aid agencies to stop
  • On Monday, Israeli forces targeted a fourth high-rise building in Gaza City in as many days, with footage showing the Al-Ruya tower razed to the ground moments after being struck

UK publisher of Daily Express, Mirror tabloids announces job cuts

London, United Kingdom - The British media group which owns the Daily Express and Daily Mirror tabloids on Monday announced...
  • While 135 jobs would be created focusing on live news and video, 321 posts would be axed, the British news giant told AFP via email
  • "The changes we are seeing in the landscape right now demand a wholesale change in how we operate and how we tell stories," said Higgerson

UK’s Starmer to meet Palestinian leader Abbas

Prime Minister Keir Starmer was due to meet Palestinian Authority president Mahmud Abbas Monday, as the UK government edges towards...
  • The meeting "is part of the prime minister's ongoing efforts to reach a political solution to the ongoing conflict in Gaza," Downing Street said
  • Several countries, including Britain have pledged to recognise a Palestinian state during the UN General Assembly later this month

UN rights chief denounces Israeli ‘genocidal rhetoric’ on Gaza

Volker Turk said "shocking and dehumanizing language" has been used by a number of high-level officials, stressing that "this is...
  • In a speech to the UN Human Rights Council, Volker Turk said the occupied Palestinian territory was already "a graveyard".
  • The UN estimates nearly one million people remain in and around Gaza City, where it officially declared a famine last month.

China’s Xi calls on BRICS countries to ‘resist all forms of protectionism’

Beijing, China -- Chinese President Xi Jinping called on the 11-nation BRICS bloc to "resist all forms of protectionism" at...
  • "We must uphold the multilateral trading system with the World Trade Organization at its core and resist all forms of protectionism," he said.
  • Brazilian President Luiz Inacio Lula da Silva had convened a virtual meeting to discuss "the defense of multilateralism".

Colman, Ruffalo among 1,500 film workers to boycott Israeli cinemas

The signatories included British actors Aimee Lou Wood, Josh O'Connor and Tilda Swinton, American actors Ayo Edebiri and Cynthia Nixon,...
  • The letter, organized by the group Film Workers for Palestine, said it was inspired by notable filmmakers who had refused to screen their work in apartheid South Africa.
  • The institutions to be boycotted would include any involved in "whitewashing or justifying genocide and apartheid", or those which partnered with the Israeli government.

Iran will accept nuclear curbs and restrictions to uranium enrichment if sanctions lifted: report

Iran will accept limits on its nuclear programme and restrictions to uranium enrichment if international sanctions are lifted, its foreign...
  • Iran "is ready to forge a lasting bargain that entails ironclad oversight and curbs on enrichment in exchange for the termination of sanctions", wrote Foreign Minister Araghchi
  • The message was addressed to the so-called E3 group of nations -- France, Germany and the UK -- involved talks with Iran over its nuclear programme

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...

Latest News

Trump says Afghan man shot two soldiers near White House

President Donald Trump said Wednesday that an Afghan man who fled the Taliban was the suspect in the shooting of...

Israel launches major West Bank operation, raiding Tubas towns amid escalating violence

The Israeli military said the operation began with air strikes to isolate the area, which were followed by "searches" on...

Israel returns 15 bodies to Gaza after hostage remains identified

It came after Israel announced that a body handed over by Hamas on Tuesday was that of Dror Or, one...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Robots take centre stage at Singapore ‘Olympiad’

Singapore -- The World Robot Olympiad opened in Singapore on Wednesday with hundreds of international students, some as young as...
  • Organizers said 594 teams, comprising 1,571 participants from 91 countries, have registered for competitions to be held on Thursday and Friday on the theme "The Future of Robots".
  • The theme "explores the way robotics can help solve global challenges and improve our lives", according to a fact sheet issued by the organizers.

How China leveraged its rare earths dominance over the US in tariff war

China's stranglehold on the rare earths industry -- from natural reserves and mining through processing and innovation -- is the...
  • Rare earths are crucial for the defence sector -- used in fighter jets, missile guidance systems and radar technology -- while also having a range of uses in everyday products
  • At a high-stakes meeting in South Korea late last month, Trump and Chinese counterpart Xi Jinping agreed to a one-year truce in tariff war between the world's top two economies

Trump sends Witkoff to Moscow in hopes of finalizing Ukraine deal

An initial US plan which was heavily weighted in Russia's favor has been replaced by one taking in more of...
  • Trump posted on his Truth Social platform that there were "only a few remaining points of disagreement" -- but European leaders were skeptical
  • He also expressed hope to meet "soon" with Putin and Ukrainian President Volodymyr Zelensky, "but ONLY when the deal to end this War is FINAL or, in its final stages."