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

Israel okays deal with Lockheed Martin to buy F-35 fighter jets

Israel has approved buying a third squadron of advanced F-35 fighter jets manufactured by Lockheed Martin in a $3-billion deal,...
  • In May 2018, Israel's military said it had become the first country to use F-35s in combat.
  • The deal to purchase 25 F-35 jets- expected to be signed in coming months - will expand the country's fleet of the aircraft to 75.

OIC calls for measures to prevent Quran burning incidents

The Saudi Arabia-based Organization of Islamic Cooperation called for collective measures to avoid future Quran burnings, days after a copy...
  • The OIC urged member states to "take unified and collective measures to prevent the recurrence of incidents of desecration of copies of the" Quran.
  • The burning of the holy book coincided with the start of the Eid al-Adha holiday and the end of the annual hajj pilgrimage in Saudi Arabia.

Hundreds more arrested in fifth night of French rioting

Protesters, mostly minors, have torched cars, damaged infrastructure and clashed with police in an outpouring of rage since an officer...
  • The interior ministry said police had made 719 arrests overnight -- still a provisional tally -- after around 1,300 the previous night.
  • Some 45,000 police had been deployed across France, the same number as the night before, and backup was dispatched to the previous days' flashpoints, including Lyon,

Iran exhorts France ‘to end violent treatment’ of protesters

France has been rocked by a major wave of violent street protests sparked by the fatal police shooting of a...
  • Iranian Foreign Ministry spokesman Nasser Kanani on Twitter also urged Iranian citizens to "refrain from making unnecessary trips to France"
  • The unrest in France has made headlines in newspapers in the Islamic republic, which was hit last year by nationwide protests

Protesters keep pressure on Israel PM over reform plan

The demonstrators have kept up the pressure with weekly rallies against Netanyahu, who returned to power last December at the...
  • As they have done every Saturday for months, protesters thronged Tel Aviv to demonstrate against the government's judicial overhaul proposa
  • In March, as the mass protests were backed by sweeping industrial action, Netanyahu announced a "pause" to allow for talks on the reforms

In AI tussle, Twitter restricts number of posts users can read

The decision was made "to address extreme levels of data scraping" and "system manipulation" by third-party platforms, Musk said in...
  • In the wake of Elon Musk's announcement, "goodbye Twitter" was a trending topic in the United States
  • The day before, he had announced that it would no longer be possible to read tweets on the site without an account

Israel launches air strikes on govt-held city of Homs in Syria

Citing a military source, Syrian state news agency SANA said that Israel carried out air strikes near the government-held city...
  • Quoting a source, SANA said Syrian air defenses intercepted some missiles, adding that there were some "material" losses
  • The targeted area, according to the Syrian Observatory for Human Rights war monitor, was a Hezbollah stronghold housing arms depots

Saudi Arabia discusses tennis tournaments in Kingdom

LONDON, UK - Novak Djokovic warned on Saturday that the "integrity and tradition" of tennis must be preserved should the sport...
  • Saudi Arabia has been signing up veteran football stars such as Cristiano Ronaldo and Karim Benzema to play in their domestic league.
  • Saudi Arabia is also financing golf's rebel LIV series and already hosts a Formula One Grand Prix.

Universe’s mysteries in focus as Europe launches Euclid space telescope

WASHINGTON, US - Europe's Euclid space telescope is scheduled to blast off Saturday on the first-ever mission aiming to shed...
  • The launch of Euclid telescope is planned from Cape Canaveral in Florida at 11:12 am local time (1512 GMT) on a Falcon 9 rocket of the US company SpaceX.
  • A major difference between Euclid and other space telescopes is its wide field of view, which takes in an area equivalent to two full moons.

EU support for Ukraine’s membership unequivocal, says Spanish PM

Spanish Prime Minister Pedro Sanchez said that his visit to Kyiv on the first day of Spain's EU presidency showed...
  • Ukraine applied for EU membership just five days after Russia's invasion on February 24, 2022.
  • It is hoping to begin formal negotiations this year on what it needs to do to firm up its membership bid.

Israel flattens high-rise as it tells Gaza City residents to flee

An Israeli strike flattened a high-rise in Gaza City on Saturday -- the second in as many days -- after...

Company News

Latest News

UN: Israel’s strikes on Gaza hospitals may constitute war crimes, urges independent probe

The UN's 23-page report, "Attacks on Hospitals During the Escalation of Hostilities in Gaza," documented 136 strikes on 27 hospitals...

Maysa Sabreen made first woman chief of Syrian central bank

Damascus, Syria -- Syrian authorities have appointed Maysa Sabreen as interim central bank governor, a bank official told AFP on Tuesday,...

South Korea’s Yoon: from star prosecutor to president facing arrest

Yoon is under investigation for his martial law declaration and faces criminal charges of insurrection, which could result in life...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Cambridge study warns of perils in AI-driven ‘intention economy’

London, United Kingdom -- Conversational artificial intelligence (AI) tools may soon "covertly influence" users' decision making in a new commercial frontier...
  • The marketplace emerging for "digital signals of intent" could, in the near future, influence everything from buying movie tickets to voting for political candidates.
  • Our increasing familiarity with chatbots, digital tutors and other so-called "anthropomorphic" AI agents is helping enable this new array of "persuasive technologies".

Asia stocks mostly down after Wall St. losses

The "Santa Claus rally" got off to a good start but US stocks then fell across the board on Friday,...
  • S&P 500 and the Nasdaq both dropped more than one percent
  • Jeju Air shares tumbled more than eight percent after one of its planes crashed in South Korea

Former US president Jimmy Carter dies aged 100

Carter had been in hospice care since mid-February 2023 at his home in Plains, Georgia -- the same small town...
  • Carter died "peacefully" at his home in Plains, "surrounded by his family," the Carter Center said in a statement
  • Carter was the longest-lived US president -- an outcome that seemed unlikely back in 2015 when the Southern Democrat revealed he had brain cancer