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.
  • San Francisco, United States -- OpenAI released a keenly awaited new generation of its hallmark ChatGPT on Thursday, touting "significant" advancements...

    ChatGPT-5 is rolling out free to all users of the AI tool, which is used by nearly 700 million people weekly, OpenAI said in a briefing with journalists.

    Co-founder and chief executive Sam Altman touted this latest iteration as "clearly a model that is generally intelligent."

  • It will pay $843m in H1 dividend.

    The first-half revenue of AED 14.6 billion ($3.97 bn), EBITDA of AED 7 billion, operating profit of AED 3.7 billion.

    DEWA’s total energy generation Including Energy import from IPPs soared to a high of 16.9 TWh.

  • The US president unveiled the levy at the White House on Wednesday ahead of the imposition of sweeping tariffs on...

    shares in Taiwan's TSMC -- world's largest contract maker of chips -- soared nearly 5% after the government said the company will not be affected.

    Trump has previously accused Taiwan of having stolen the US chip industry, and earlier this year, TSMC unveiled a plan to invest an extra $100 billion in the United States.

  • Tokyo, Japan -- Airline ANA said Thursday that, together with a US start-up, it hopes to have electric "air taxis"...

    ANA and California-based Joby Aviation said they will establish a joint venture with a view to deploying more than 100 of the five-seater aircraft.

    The project primarily envisages trips between Narita and Haneda airports and Tokyo, although the routes can diversify in the future.

  • Washington, United States -- Apple will invest an additional $100 billion in the United States, taking its total pledge to...

    In February, Apple said it would spend more than $500 billion in the United States and hire 20,000 people, with Trump quickly taking credit for the decision.

    Trump, who has pushed US companies to shift manufacturing home by slapping tariffs on trading partners, claimed that his administration was to thank for the investment.

  • Dubai, UAE --  Nearly 60 percent of travelers in the UAE trust Artificial Intelligence (AI) to plan every aspect of...

    A recent report by Tourism Economics on behalf of Arabian Travel Market says 21 percent using it before their most recent trip.

    The research also confirmed that travel firms are harnessing AI to enhance customer service and drive economic impact.

  • We’re witnessing a period of dramatic adjustment in international trade, as tariffs and geopolitical tensions disrupt or reorient supply chains....

    While globalization has driven global trade, imbalances threaten its future legitimacy

    Multinational corporations should champion localization strategies that prioritize wealth equity

  • The company posted 31% increase in revenue.

    The second quarter of 2025 delivered one of the Group’s strongest quarterly performances, with revenue rising 22.5 percent year-on-year to AED27.5 billion.

    Revenue growth was supported by solid contributions from core operating segments, it said.

  • Riyadh, Saudi Arabia -- Neo Space Group (NSG), a Public Investment Fund (PIF) company, has announced the launch of the...

    NSG stated that the EO Marketplace will bring together a growing network of EO data providers and value-added service providers offering advanced geospatial analytics

    The platform is built to empower public sector agencies, Saudi companies, and international users by offering a wide range of high-resolution satellite imagery

  • Washington, United States -- Tesla announced an "interim" compensation award worth about $29 billion for Elon Musk on Monday, asserting...

    The award comes as Tesla challenges a Delaware court ruling that struck down a 2018 package of about $55.8 billion.

    The move comes amid a fierce battle for top engineering talent as companies like Google and Meta compete for leadership on artificial intelligence.