INSEAD-Day

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.
  • New York, United States - Global oil demand is unlikely to fall by 2050 despite progress on renewable energy, the US...

    In a new report, ExxonMobil said it "sees a plateau in oil demand beyond 2030, remaining above 100 million barrels per day through 2050."

    This would be roughly in line with oil demand last year of 102.2 million barrels per day, according to the International Energy Agency

  • Asian shares crept cautiously higher on Monday, while the dollar and bond yields were on the wane ahead of inflation...

    Oil prices climbed 0.8% after Israel and Hezabollah traded rocket salvos

    The dollar slipped a further 0.5% to 143.64 yen, having fallen 1.3% on Friday

  • Paris, France - French police arrested Telegram chief executive Pavel Durov on Saturday at an airport near Paris for alleged offences...

    The Franco-Russian billionaire, 39, was detained at Le Bourget airport north of the French capital on Saturday evening, one of the officials told AFP

    "Enough of Telegram's impunity," said one of the investigators, adding they were surprised Durov came to Paris knowing he was a wanted man

  • Beijing, China - China dominates the market for electric vehicles. Now it's chasing in the race to build battery-powered humanoids...

    Annual global market for humanoid robots could reach $38 billion by 2035

    Tesla, reiterated it expected to move beyond prototypes to start producing Optimus in small volumes next year

  • Anthropic, the Amazon-backed artificial intelligence startup, on Monday, was hit with a class-action lawsuit in California federal court over alleged...

    "An essential component of Anthropic’s business model is the larges scale theft of copyrighted works"

    This case follows another lawsuit brought against Anthropic last October by Universal Music

  • New York, United States - Boeing has suspended flight testing of its new 777X wide-body jet after identifying the failure of...

    Boeing has been beset in recent years with concerns about safety and quality control, with a near-catastrophic incident on an Alaska Airlines Boeing 737 MAX in January

    Boeing's new chief executive Kelly Ortberg, 64, took over earlier this month on a pledge to restore trust in the embattled manufacturer

  • Social media platform X, formerly Twitter, will shutter its local operations in Brazil following a bitter legal tussle over the...

    A post Saturday from X's Global Government Affairs department said Moraes had "threatened our legal representative in Brazil with arrest if we do not comply with his orders."

    It said the office closure was necessary "to protect the safety of our staff," adding, "the responsibility lies solely with Alexandre de Moraes."

  • Advanced blockchain analysis tools, such as those provided by Chainalysis, are empowering law enforcement agencies and enterprises to counter the...

    Research by Chainalysis found that flow of crypto funds to legitimate services has reached their highest levels since 2021

    Aggregate illicit activity over the same period fell by an impressive 19.6 percent

  • Middle East War

    With tensions soaring in the Middle East, the United States says that Iran along with its proxies might attack Israel...

    Iran and its Lebanese ally Hezbollah have vowed revenge for the killings of Ismail Haniyeh and Fuad Shukr

    The White House warned that a "significant set of attacks" by Iran and its proxies was possible as soon as this week

  • From the autumn, Apple said developers in the EU "can communicate and promote offers for purchases" wherever they want, for...

    The EU said the App Store terms prevented app developers from freely steering consumers to alternative ways to pay

    This makes Apple the first ever tech firm to face accusations of breaching a new law known as the Digital Markets Act