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.
  • The World Union of Wholesale Markets (WUWM) Conference 2022, which will be held in the Middle East for the first...

    The World Union of Wholesale Markets (WUWM) Conference 2022 will be held in the Middle East for the first time

    As the world’s largest network of wholesale markets, WUWM represents the industry’s most significant suppliers of fresh food

  • Jordan's Minister of Energy and Mineral Resources on Tuesday announced the formation of a Public-Private Partnership (PPP) council for mining,...

    This Public-Private Partnership is part of the plan for implementation of the economic modernization vision

    The minister said that there is a need for establishing a research center for mining and metallurgy as part of the vision

  • IHG said it would resume its interim dividend

    InterContinental Hotels Group said that profits rose sharply in the first half after Covid travel restrictions were lifted around the world

    IHG, which also owns brands such as Crowne Plaza and Holiday Inn, said that first-half revenues jumped by 52 percent to $1.8 billion.

  • This is the company's highest ever first-half revenue.

    The high revenue is due to a double-digit growth in Managed Solutions and Mobility Solutions.

    The Adjusted EBITDA increased by 5.3 percent year-on-year to AED448 million ($122 million), delivering a robust margin of 59.3 percent.

  • The firm's revenue increased 13 percent to US$1.27 billion

    ADNOC Drilling revenue increased 13 percent to US$1.27 billion compared to the same period last year

    First half EBITDA was $580 million, up 16 percent year-on-year, with a market-leading margin of 45.7 percent

  • More than 40,000 users, including in New York City and Denver, Colorado, reported disruptions when trying to use Google's services,...

    On Twitter, some users posted screenshots of the 500 error message they received while trying to use Google

    Downdetector tweeted that user reports indicate Google Maps is having problems since 0136 GMT

  • The mustachioed 50-year-old with almost half a million Facebook followers posts weekly videos on topics such as protecting fruit trees,...

    The mustachioed 50-year-old with half a million Facebook followers posts weekly videos on topics such as protecting fruit trees and helping people get more from their farms

    With Iraq already witnessing record low rainfall and high temperatures in recent years, Muhamad warned that if the government doesn't act now, the damage will be done

  • The Saudi firm's net profit was fueled by higher sales volume.

    Analysts had predicted a 23-percent decrease in profit along with a 25.7 percent surge in sales

    SABIC Agri-Nutrients, which posted a 262 percent rise in quarterly profit, also beefed up the company’s performance

  • The company slew of acquisitions helped its earnings.

    The performance across all IHC subsidiaries has resulted in a strengthening of the conglomerate’s balance sheet

    The company's strategic acquisition of companies in H1 2022 had a positive impact on the organisation's net worth

  • The firm will sell its full range of products and spare parts.

    The Saudi investment minister Khalid Al-Falih told media that said several international companies, including Google, Alibaba, Microsoft and IBM, intend to invest in the kingdom

    The minister said that investments will be coupled with the development of human resources through partnership of these companies with academies, universities and training centers