INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

A saint, a monk, a rock: Bulgaria’s euro coin designs

Sofia, Bulgaria -- Ancient rock art, a patron saint and a monk will be emblazoned on euro coins from Thursday,...
  • Bulgaria will become the 21st country to adopt the euro on Thursday.
  • The single currency first rolled out in 12 countries on January 1, 2002, and has since regularly extended its influence, with Croatia the last country to join in 2023.

Iraqis cover soil with clay to curb sandstorms

Samawah, Iraq -- Deep in Iraq’s southern desert, bulldozers and earthmovers spread layers of moist clay over sand dunes as...
  • Iraq has long suffered from sand and dust storms, but in recent years they have become more frequent and intense as the country falls prey to the effects of climate change.
  • Iraqi authorities have warned that these suffocating storms will intensify further, adding urgency to efforts to address the root of the problem.

Saudi-led coalition warns of intervention against Yemen separatists

The statements came a day after reported Saudi airstrikes on separatist positions in Yemen's Hadramawt province — and after Washington...
  • Saudi Defense Minister Khalid bin Salman posted on X that troops from the separatist STC should “peacefully hand over” two regional governorates to the government.
  • In recent weeks, the UAE-backed STC, which seeks to revive the formerly independent state of South Yemen, swept through swaths of the country.

Turkish authorities make further arrests in football betting scandal

The betting scandal in Turkish football deepened on Friday as 29 people, including 14 footballers, were arrested, the Istanbul public...
  • Their arrests follow the incarceration of six referees and the president of top tier club Eyupspor at the beginning of November
  • Amongst those arrested were a former president of Turkish giants Galatasaray, Erden Timur, the vice-president of Eyuspor

Zelensky to meet Trump in Florida on Sunday for talks on how to end the Russian invasion

Ukrainian President Volodymyr Zelensky is to meet US President Donald Trump in Florida on Sunday for talks on how to...
  • The meeting to discuss new peace proposals comes amidst Trump's intensified efforts to broker an agreement to end the conflict
  • The latest plan is a 20-point proposal that would freeze the front line but open the door for Ukraine to pull back troops from the east

China’s high-speed rail network passes 50,000km mark

Beijing, China -- China's sprawling high-speed rail network passed 50,000 kilometers (31,000 miles) in total operating distance with the opening...
  • The country has the world's largest rail network -- one-fifth longer than the circumference of the earth.
  • China's rail network has expanded by around 32 percent compared to 2020, state-owned China Railway added Friday in a statement.

Yemen separatists say Saudi air strikes will not deter them

A Yemeni military official said around 15,000 Saudi-backed fighters were amassed near the Saudi border -- but were not given...
  • There were no immediate reports of casualties in the air strikes, which came amid a dramatic escalation in the decade-long conflict.
  • The strikes came as a Yemeni government official in Riyadh told AFP that Saudi may be considering military action against the separatists if talks fail.

Syria to start replacing currency from Jan 1: central bank chief

Syria's central bank chief said Thursday that the country's currency would start to be replaced with a revamped version from...
  • Central bank chief Abdul Qadir al-Hasriya said that "January 1, 2026, is the start date for the replacement process" for the currency
  • Hasriya said the move comes at a "pivotal national juncture that reflects the beginning of a new economic and monetary era"

14 countries condemn Israel’s expansion of West Bank settlements, say actions ‘violate international law’

Fourteen countries, including France, Britain, and Germany, condemned on Wednesday Israel's recent approval of new Jewish settlements in the occupied...
  • In their statement, the countries stressed such unilateral actions "violate international law" and risk undermining the ceasefire in Gaza
  • They also reaffirmed their "unwavering commitment to a comprehensive, just and lasting peace based on the two-state solution."

Saudi Arabia urges Yemen separatists to cede seized territory

The Kingdom said the military movements in the governorates of (Hadramawt and Al-Mahra), recently conducted by the Southern Transitional Council,...
  • "These movements resulted in an unjustified escalation that harmed the interests of the Yemeni people with all of its segments," it added.
  • The 11-year war in Yemen has pitted the Iran-backed rebels against the internationally-recognized government, backed by a Saudi-led coalition that includes the UAE.

Starlink services disrupted in Iran amid expanding protests and broader measures affecting internet access

Widespread jamming of the Starlink satellite internet service used by some Iranian opposition members is a likely first in peacetime but...

Latest News

Venezuelan parliament swears in interim president after Maduro’s ouster

Venezuela's parliament swore in Delcy Rodriguez as interim president on Monday, two days after US forces seized her predecessor Nicolas...

Oil prices gain, as equities extend record run higher

Oil prices have experienced choppy trading since the surprise US raid Saturday on Caracas that saw Venezuelan president Nicolas Maduro...

US operation in Venezuela undermined international law: UN

"States must not threaten or use force against the territorial integrity or political independence of any state," Ravina Shamdasani, spokeswoman...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

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...
  • "We will not allow Iran to restore its ballistic missile industry, and certainly we will not allow it renew the nuclear programme that we significantly damaged," Netanyahu said
  • Netanyahu's threat comes days after Trump threatened to "eradicate" Iran's nuclear and ballistic missile programme, after the two leaders met in Washington last week

Volatility grips oil market as nervous investors assess Venezuela

Having spiked in an initial reaction to the military operation to apprehend Nicolas Maduro in Caracas, oil prices quickly dropped...
  • But then oil recovered again as investors realized that Venezuela is in no position to make a meaningful impact on oil supply in the short run.
  • Trump's promise to rebuild Venezuela's crude production capacity with the help of American companies meanwhile sent stocks in oil majors soaring.

‘Tuna King’ pays record $3.2 mn for bluefin at Tokyo auction

Tokyo, Japan -- A Japanese sushi entrepreneur paid a record $3.2 million for a giant bluefin tuna Monday at an...
  • The 510.3 million yen price at the new year's auction was the highest since comparable data started being collected in 1999.
  • The previous high was 333.6 million yen for a 278-kilogram bluefin in 2019, after the fish market moved from its traditional Tsukiji area in central Tokyo to a more modern facility