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.
  • It returned to profit in Q2 after posting a loss in first quarter

    Brazilian plane-maker Embraer returned to profit in the second quarter after posting a loss in the first

    The result was down 16 percent from the $87.9 million net profit it posted for the April-June period last year

  • The bank's profits have been hit by Turkey's soaring inflation.

    ING booked a profit of 1.18 billion euros ($1.2 billion) in the three-month period ending in June.

    ING's net profit took 277-million-euro hit from Turkey's hyper-inflation, which is around 80 percent.

  • The company posted H1 income of $26.33m.

    This income is on an adjusted basis, excluding the prior year's gain on sale and trading results from divested entities.

    In H1 2022, Amanat's healthcare platform continued to record strong year-on-year growth.

  • An Ethiopian delegation of 10 members, comprising decision-makers from the public and private sector, visited Dubai Chambers between July 25-...

    The delegates sought to review Dubai’s success in digital services, and discuss creating potential business partnerships

    The visit included signing deals supporting the Digital Ethiopia 2025 strategy, and exchanging knowledge and expertise.

  • Its profit increased 186 percent in first six months of 2022

    Dubai Aerospace Enterprise reports 186% growth in profit in the first six months of 2022

    DAE says cash flows from operating activities increased by 36 percent to $678.5 million.

  • The UAE’s citizens' housing segment in 2022 achieved significant regulatory progress and received massive financial allocation for federal, local plans...

    The UAE’s citizens' housing segment in 2022 achieved significant progress and got massive financial aid for federal and local plans

    On May 9, the Cabinet adopted a federal housing loan policy to provide loans via partnerships with private sector and national banks.

  • Saudi oil giant Aramco and SABIC Agro-Nutrients Company have obtained the world's first independent certifications recognizing the production of blue...

    TUV Rheinland, a system testing, inspection and certification services provider based in Germany, awarded these certifications to SABIC Agri-Nutrients Company in Jubail.

    SASREF, a wholly owned subsidiary of Saudi Aramco, produced 8,075 tons of blue hydrogen.

  • The new hire will get an annual salary of $78,000. Since the Chief Candy Officer is required to taste thousands...

    Candy Funhouse, a Canadian online candy shop, said it has received more than 100,000 candidates in two weeks.

    On social media, the posting is a big hit with adults and children alike. One Twitter user said that his eight-year-old daughter had made a LinkedIn profile just to apply.

  • Dubai recorded realty transactions worth AED888 million ($241 million) on Wednesday. The real estate market in the emirate recorded 310...

    The real estate market in the emirate recorded 310 sales transactions worth AED668.1 million, in addition to 86 mortgage deals of AED163.78 million.

    A day earlier, Dubai real estate market recorded AED1.2 billion in realty transactions.

  • In 2020 a government bailout saved airline from bankruptcy.

    CEO Carsten Spohr said that airline was back in the black, terming the pandemic as most serious crisis to hit the company

    Lufthansa will start hiring some 5,000 employees to cope with growing chaos at airports