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.
  • Tesla's Autopilot program has spurred numerous government investigations as well as media exposes focusing on misuse or vulnerabilities. The system...

    The recall affects models across Tesla's portfolio and will be addressed by an "over-the-air software remedy" typically performed remotely

    The recall covers 2.03 million Tesla vehicles and includes Models S, X, Y and 3. Authorities in Canada said they were recalling 193,000 vehicles there

  • NEOM, Saudi Arabia - Saudi Arabia's $500 billion mega project, has introduced Utamo, a new art and entertainment destination set...

    Described by NEOM as "an innovative and multipurpose event and performance space," Utamo features VIP lounges and signature restaurants

    NEOM envisions Utamo as a venue where "reality and the digital realm converge," aiming to redefine entertainment benchmarks

  • The IMF said the debt relief will facilitate access to additional financial resources that will help it strengthen economy, reduce...

    Its external debt has fallen from 64% of GDP in 2018 to less than six percent of GDP by the end of 2023

    The IMF said that Somalia has implemented a poverty reduction strategy for at least a year

  • The agreement will bolster cross-border ETF cooperation.

    ADX is looking to enhance ties with with leading global financial institutions, including the recent agreement with the New York Stock Exchange

    The agreement between the two bourses is set to provide a robust platform for financial growth and connectivity between the UAE and China

  • The company deals in risk management infrastructure for digital assets.

    Silicon Valley venture capital firm Lightspeed Venture Partners led the round with participation from Mubadala Capital

    Andalusia Labs is a collection of leading technology solutions addressing the security challenges prevalent in the blockchain industry

  • Reeling from a calamitous drop in advertisement revenues and public trust, news media organizations are reworking strategies to create "niche"...

    Many believe news media outlets have been distracted from their role to safeguard space for informed debate on public issues

    Several well trusted media outlets with deep pockets are battling against thinning revenues and being forced to think differently

  • Berlin, Germany -- Axel Springer said Wednesday it was partnering up with the maker of ChatGPT, OpenAI, which will pay the...

    The chatbot's answers would include material otherwise kept behind a pay-wall and offer "links to the full articles for transparency and further information," they said.

    Axel Springer CEO Matthias Doepfner has previously warned that AI threatened to "replace" journalism, while the group has been pursuing its own AI-driven ventures.

  • Doha, Qatar -- Qatar reported a total of 321 real estate transactions worth QR 1.46 billion ($400 million) in November...

    Top-performing municipalities in financial value included Doha, Al Rayyan, and Al Dhaayen. Doha led with transactions worth QR 603 million.

    Mortgage transactions totaled 88, amounting to QR 3.19 billion. Al Rayyan dominated with 38 transactions, followed by Doha with 25.

  • Riyadh, Saudi Arabia -- In the third quarter of 2023, Saudi investors engaged in sell and buy transactions on US...

    This reflects a substantial year-on-year (YoY) fall of SAR 9.15 billion, equivalent to a 40 percent decrease.

    According to a report from the Capital Market Authority (CMA), this decline in trading activity by Saudi investors represents the lowest point since Q4 2019.

  • Dubai, UAE - With the UAE-based G42's decision to align with US directives by severing ties with Chinese tech partners...

    The G42’s move follows concerns raised by US national security personnel regarding potential espionage risks from Chinese firms

    The ripple effect of G42's decision could extend to other tech companies in the Gulf Cooperation Council (GCC) region