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.

Putin says Russia will ‘certainly’ achieve its goals in Ukraine including seizing the territories

Russian President Vladimir Putin said on Wednesday Moscow would "certainly" achieve its goals in the offensive in Ukraine, including seizing...
  • "The goals of the special military operation will certainly be achieved," Putin told a meeting with defence ministry officials in Moscow
  • His hawkish comments come as Ukraine on Monday hailed "progress" made on the question of future security guarantees for Kyiv

Trump imposes full travel bans on seven more countries, Palestinians

Other countries newly subjected to the full travel ban came from some of Africa's poorest countries -- Burkina Faso, Mali,...
  • The Trump administration has promised to let in athletes for football's signature competition, but has made no such promises for fans of blacklisted countries.
  • Global Refuge, a Christian-based group that supports refugees, warned that the travel ban would push vulnerable people further into harm's way.

Global coal demand expected to hit record in 2025: IEA

In its annual report on the coal industry, the International Energy Agency said demand was on course to rise by...
  • China and India are usually the main drivers of growth in coal consumption as the two emerging economies race to meet rising demand for electricity.
  • The IEA sees demand in China, the top coal consuming nation, decreasing somewhat over the next five years.

Ancient cures and AI: WHO seeks evidence for traditional medicine

New Delhi, India -- The World Health Organization opens a major conference on traditional medicine on Wednesday, arguing that new...
  • The meeting in New Delhi will examine how governments can regulate traditional medicine while using emerging scientific tools to validate safe and effective treatments.
  • The UN body hopes this push will help make ancestral practices more compatible with modern healthcare systems.

Famed Jerusalem stone still sells despite West Bank economic woes

Sair, Palestinian Territories - Despite the catastrophic state of the Palestinian economy, Faraj al-Atrash, operator of a quarry in the...
  • The war in Gaza, triggered by Hamas's October 2023 attack on Israel, dealt a severe blow to a Palestinian economy that was already in poor shape
  • Israel, which has occupied the West Bank since 1967, has recently set up hundreds of new checkpoints across the territory, paralysing commercial transport

Netflix boss promises Warner Bros films would still be seen in cinemas

Netflix will continue to distribute Warner Bros. films in cinemas if its takeover bid for the storied studio is successful,...
  • "We're going to continue to operate Warner Bros. studios independently and release the movies traditionally in cinema," chief executive Ted Sarandos said
  • In early December, Netflix announced that it had reached an agreement with Warner Bros. Discovery (WBD) to acquire most of the group for $83 billion

US unemployment rises further, hovering at highest since 2021

A deteriorating jobs market could nudge the central bank to lower rates further to boost the economy, despite some policymakers'...
  • The report underscoring a labor market cooldown in the world's biggest economy said the economy lost 105,000 jobs in October.
  • Hiring picked up again in November to 64,000, but this was still a slower pace than before.

First European Union airline flight in 35 years lands in Baghdad

Baghdad, Iraq -- Iraq's transport ministry said Tuesday that a flight operated by Greece's Aegean Airlines had been the first...
  • European airlines have not operated direct flights to Baghdad International Airport for security reasons since the early 1990s, when Saddam Hussein invaded Kuwait.
  • But, after decades of turmoil, Iraq has recently begun to regain a sense of stability and the government is striving to attract foreign investment to bolster the country's economy.

Israeli army to demolish 25 residential buildings in West Bank camp: local authorities

The Israeli army is to demolish 25 residential buildings in the north West Bank's Nur Shams refugee camp later this...
  • In early 2025, Israel's military launched an operation it says is aimed at rooting out Palestinian armed groups from refugee camps
  • During the operation, Israel has destroyed hundreds of houses in the dense network of alleys that make up the refugee camps

Ukraine hails ‘real progress’ in Zelensky’s talks with US envoys to end the war with Russia

Kyiv's negotiator Rustem Umerov wrote on social media that the marathon diplomacy in the German capital had been "constructive and...
  • Ukraine hopes to convince Washington that a ceasefire must be agreed without prior territorial concessions to Russia
  • Trump has pushed strongly for an end to the war but an initial 28-point plan last month was seen as favouring Moscow's position

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,...

Latest News

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...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

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.