INSEAD Day 4 - 728x90

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.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

COP30 dragged into clash over gender language

Negotiators say the effort -- by Paraguay, Argentina, Iran, Indonesia, Malaysia as well as the Holy See -- seeks to...
  • The issue has become so sensitive that COP30's Brazilian presidency has elevated it from technical negotiations to a higher political level.
  • At stake is a revamped Gender Action Plan (GAP) meant to guide work for the next decade, including efforts to mainstream gender across climate programs.

Italy’s Leonardo launches joint venture with UAE defence firm

Milan, Italy -- Italian defense group Leonardo said Wednesday it had agreed to launch a joint venture next year with...
  • Details of the sectors covered by the joint venture have yet to be announced.
  • But it will cover a range of Leonardo's solutions "spanning sensors, system integration, and platforms", the Italian group said in a statement.

Flydubai inks $13bn Boeing deal for 75 jets as city’s airlines build up

State-owned flydubai and its long-haul partner airline, Emirates, have been the chief deal-makers at this week's Dubai Airshow, the largest...
  • Dubai, the UAE's commercial jewel, will soon start work on a new airport with capacity for a world-leading 150 million passengers a year, slated to open in 2032.
  • Dubai's current international airport announced a record quarter of 24.2 million passengers. The facility has been the busiest for international passengers for the past 11 years.

Nvidia, Microsoft invest $15 billion in AI startup Anthropic, creator of the Claude chatbot

Nvidia and Microsoft announced Tuesday investments totaling $15 billion in AI startup Anthropic, creator of the Claude chatbot, amid frenzied...
  • AI chip powerhouse Nvidia committed up to $10 billion while Microsoft—which owns 27 percent of Anthropic rival OpenAI—pledged up to $5 billion to the maker of Claude AI models
  • The deal was part of an agreement that saw Anthropic commit to buying $30 billion in Microsoft's cloud computing capacity and adopt the latest versions of Nvidia's chip technology

UN Security Council votes for international force for Gaza, path to a future Palestinian state

Trump posted on social media that the vote "acknowledging and endorsing the BOARD OF PEACE, which will be chaired by...
  • There were 13 votes in favor of the text, which US President Trump claimed would lead to "further Peace all over the World," with only Russia and China abstaining -- but no vetoes
  • But Hamas, which is excluded by the resolution from any governance role in Gaza, said the resolution did not meet Palestinians' "political and humanitarian demands and rights."

Turkey seeks to host next COP as co-presidency plans with Australia falter

Turkey wants to host next year's UN climate change talks and is ready to organise the event alone if there...
  • Australia and Turkey are locked in a stalemate over who should host the 31st United Nations Climate Change Conference (COP31) in 2026
  • The host is selected by consensus, so unless Australia or Turkey withdraws or the countries agree to share the conference, both will miss out

Cervical cancer vaccine push has saved 1.4 million lives: Gavi

Geneva, Switzerland - A three-year campaign to bring vaccines against human papillomavirus (HPV) to low-income countries has prevented 1.4 million...
  • Cancer caused by HPV disproportionately affects low-income countries, which often lack screening services and access to treatment
  • These countries accounted for 90 percent of the 350,000 cervical cancer deaths recorded in 2022, according to Gavi

UN Security Council set to vote on Trump’s Gaza plan, deployment of international force

The draft, which has been revised several times as a result of high-stakes negotiations, "endorses" the plan, which allowed for...
  • The draft, which has been revised several times as a result of high-stakes negotiations, "endorses" the plan, which allowed for a ceasefire between Israel and Hamas to take hold
  • The latest version of the text authorizes the creation of an International Stabilization Force (ISF) that would work with Israel and Egypt and newly trained Palestinian police

Rory McIlroy wins seventh Race to Dubai title

Dubai, United Arab Emirates -- Rory McIlroy was on Sunday crowned the DP World Tour’s Race to Dubai champion for...
  • At the Earth course of Jumeirah Golf Estates on Sunday, Fitzpatrick (66) made a birdie on the 72nd hole of regulation play to set the mark at 18-under par.
  • It is Fitzpatrick’s third DP World Tour Championship title (2016 and 2020) and a 10th DP World Tour victory in 195 starts.

Samsung plans $310 bn investment to power AI expansion

Seoul, South Korea -- South Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next...
  • The business group's flagship Samsung Electronics is already one of the world's top memory-chip makers, providing crucial components for the AI industry.
  • South Korea is also home to SK hynix, another key player in the global semiconductor market.

US-Israel-Qatar meeting seeks to salvage Gaza peace deal amid strain over Israeli strike on Doha

Axios also reported White House envoy Steve Witkoff hosted the meeting, with Mossad spy chief David Barnea representing Israel and...

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Pope urges Lebanese to stay in their country despite difficulties

Leo emphasized the need for peace, using the word more than 20 times during the address, without mentioning any specific...

‘Dinosaur tartare’ and holograms: Dubai AI chef sparks awe and ire

Dubai, United Arab Emirates -- A Dubai restaurant has opened that prides itself on having the world's "first AI chef",...

The tiring task of repairing Gaza’s tattered banknotes

Nuseirat, Palestinian Territories - With a pot of glue, a blade and a keen eye, Manal al-Saadani repairs tattered banknotes...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Hezbollah says has ‘right’ to respond to Israel’s killing of military commander

Hezbollah's leader on Friday said the group had the right to respond to Israel's assassination of its top military chief...
  • In a televised speech, Naim Qassem called the killing of Haytham Ali Tabtabai "a blatant aggression and a heinous crime", adding that his group had "the right to respond."
  • Qassem insisted that the Iran-backed group has respected the November 2024 ceasefire that sought to end over a year of hostilities with Israel

Negotiations under way on Hamas fighters trapped in Gaza tunnels: sources close to talks

An Israeli government spokesperson told AFP earlier this month that Prime Minister Benjamin Netanyahu "is not allowing safe passage for...
  • Israeli media has reported that for weeks that between 100 and 200 Hamas militants have remained trapped in a network of tunnels under the city of Rafah
  • A prominent Hamas member in Gaza told AFP that the group estimated their number to be between 60 and 80, and said they were "under siege" but would not surrender

Singapore AI teddy back on sale after recall over sex chat scare

Singapore, Singapore -- A plushy, AI-enabled teddy bear recalled after its chatbot was found to engage in sexually explicit conversations...
  • Singapore-based FoloToy had suspended its "Kumma" bear after a consumer advocacy group raised concerns about it and other AI toys on the market.
  • The Kumma bear "looks sweet and innocent. But what comes out of its mouth is a stark contrast," researchers have said.