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.

The US and Venezuela’s vast oil reserves: key questions amid sanctions, geopolitics and energy

After a US military operation that seized Nicolas Maduro, President Donald Trump said he wants to allow American oil companies...
  • The country has the largest proven reserves in the world, with 303.221 billion barrels, according to OPEC.
  • Sanctions imposed in 2019 by Trump during his first term contributed to production plunging to a historic low of 350,000 b/d the following year.

At least 80 Yemeni separatists killed in fighting, strikes since Friday

At least 152 members of the UAE-backed STC forces were wounded and 130 were taken captive, a military official from...
  • Saudi-backed forces began on Friday operations to retake swathes of territory seized by the UAE-backed STC.
  • Yemen's presidency on Saturday announced the retaking of resource-rich Hadramawt, following an apparent retreat of the STC.

Maduro now in New York jail as Trump says US to ‘run’ Venezuela

The US president's announcement followed a lightning pre-dawn attack in which commandos grabbed Maduro and his wife while air strikes...
  • Trump said he was "designating people" from his cabinet to be in charge in Venezuela, but gave no further details.
  • In another surprise, Trump indicated US troops could be deployed, saying Washington is "not afraid of boots on the ground."

Bondi shooting responders honoured at Sydney Ashes Test

Sydney, Australia -- England and Australia's cricket teams honoured at the fifth Ashes Test in Sydney on Sunday emergency service...
  • The on-field guard of honour ahead of the clash was accompanied by loud applause from the sold-out crowd.
  • The biggest cheer came when hero Ahmed al Ahmed, who ran towards one of the attackers and wrestled the gun from him, walked out.

Yemen separatists announce two-year transition towards independence in south

Yemen's UAE-backed separatists on Friday announced the start of a two-year transitional period towards declaring an independent state after their...
  • The Southern Transitional Council (STC), whose forces came under fire from deadly Saudi-led coalition airstrikes on Friday, said the process would include dialogue and a referendum
  • SCT forces seized large swathes of Yemen's south, run by a fractious government with competing agendas, in a lightning and largely unopposed offensive last month

Norway closes in on objective of 100 percent electric car sales

Oslo, Norway -- Norway came close to its objective of selling only zero-emission cars in 2025, with electric vehicles accounting...
  • Although Norway is Western Europe's largest exporter of petroleum products, it has led the shift to electric vehicles.
  • A record 179,549 personal vehicles were registered in 2025, beating the previous high set in 2021, the Norwegian Road Federation (OFV) said on Friday.

Seven killed as Saudi coalition strikes UAE-backed forces in Yemen

Following the strikes, a military spokesman for the STC said it was in a "decisive and existential" war with Saudi-backed...
  • Saudi Arabia and the UAE have for years supported rival factions in Yemen's government-run territories, but the STC's offensive has angered Riyadh and left them at loggerheads.
  • The air raids came shortly after pro-Saudi forces launched a campaign to "peacefully" take control of military sites in Hadramawt.

Somaliland denies it will host Palestinians, Israeli base

The breakaway region of Somaliland on Thursday denied allegations by the Somali president that it would take resettled Palestinians or...
  • Israel last week became the first country to recognise Somaliland as an "independent and sovereign state", triggering protests across Somalia
  • Somaliland unilaterally declared independence in 1991 and has enjoyed far more peace than the rest of conflict-hit Somalia, establishing its own elections, currency and army

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.
  • Tesla is expected to announce its total EV sales for last year on Friday.
  • Shenzhen-based BYD, which also produces hybrid cars, announced the data in a statement published to the Hong Kong Stock Exchange, where it is listed.

Yemen separatists say Saudi-backed forces to deploy in seized territories

A surprise STC offensive seizing resource-rich Hadramawt and Mahra has pushed the UAE and Saudi Arabia, officially allies in Yemen,...
  • On Tuesday, the Saudi-led coalition in Yemen struck what it said was a shipment of Emirati weapons destined for the separatists.
  • But a source close to the Saudi government told AFP on Thursday that Saudi Arabia's security needs would only be met if the STC "move out of Hadramawt and Mahra".

Trump says ‘time running out’ as Iran threatens response to any attack “like never before”

In his latest post on Truth Social, Trump did not mention the protests but said Iran needed to negotiate a...

Latest News

Putin speaks to Israel, Iran leaders to help ‘de-escalate’ the situation: Kremlin

Russian President Vladimir Putin on Friday held calls with the leaders of Israel and Iran, the Kremlin said, offering mediation amid...

Saudi, Qatar, Oman convinced Trump to ‘give Iran a chance’: senior Saudi official

Two diplomatic sources told AFP on Thursday that the security posture at Qatar's Al-Udeid Airbase had been lowered after a...

Gaza ceasefire enters phase two despite unresolved issues between Israel and Hamas

The most contentious questions remain Hamas's refusal to publicly commit to full disarmament, a non-negotiable demand from Israel, and Israel's...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Trump to Iranians on his Truth Social platform: ‘Keep protesting’, ‘help on its way’

US President Donald Trump urged Iranians on Tuesday to keep protesting against the country's theocratic leadership, telling them "help is on...
  • Trump, who has repeatedly threatened Iran with military intervention, said Iranians should continue their nationwide protests
  • The Norway-based NGO Iran Human Rights (IHR) said it had confirmed 648 people killed during the protests, including nine minors

World Bank lifts 2026 growth forecast, warns of softer demand

The bank expects world GDP growth of 2.6 percent this year, according to its latest global economic prospects report. The...
  • But the rate still marks a slowdown from the 2.7% pace seen in 2025, with the Bank warning that the 2020s are "on track to be the weakest decade for global growth since the 1960s".
  • As countries adjust and policy uncertainty recedes, the bank anticipates that trade growth will firm up again in 2027.

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...
  • Tehran has sought to completely cut off internet access as protests sparked by economic grievances have gathered pace
  • A blackout of the internet delivered by ground cables to PCs and mobile phone masts has lasted over three and a half days