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.
  • Twitter reported disappointing results on Friday, a miss that the social network attributed to "headwinds" including the uncertainty related to...

    Twitter missed expectations with revenue of $1.18 billion, due to "advertising industry headwinds"

    Uncertainty related to the pending acquisition of Twitter by an affiliate of Elon Musk is also touted as a reason for the results

  • The French Ambassador to the UAE, Xavier Chatel, described the first official visit to France of UAE President Sheikh Mohamed...

    The French Ambassador to the UAE described the first official visit to France of UAE President as successful

    Sheikh Mohamed bin Zayed Al Nahyan's visit underscores deep-rooted friendship between the two countries

  • Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister has issued a decree regulating the grant of title...

    Sheikh Mohammed bin Rashid issued Decree No. (25) of 2022 amending some of the articles of Decree No. (4) of 2010

    Article (1) outlines the definitions in the decree, while Article (2) covers the ownership of granted land

  • French oil group TotalEnergies and shipping giant CMA CGM announced price cuts on Friday as demanded by the government amid...

    French oil group TotalEnergies and shipping giant CMA CGM announce price cuts

    The French government demanded that energy and transport firm cut prices amid calls for windfall taxes

  • The Federal Tax Authority expanded its efforts in collaboration with various government departments, ministries and authorities to protect consumers from...

    During the first half of this year, the FTA carried out 9,948 inspection visits in local markets across the country

    Inspections conducted H1 of 2022 increased by 104 percent compared to 4,878 inspections conducted H1 of 2021.

  • The number of insurance policies increased Y-o-Y by 10.4 percent in Q1 2022 to 2.3 million policies compared to 2.1...

    The number of insurance policies increased Y-o-Y by 10.4 percent in Q1 2022 to 2.3 million policies compared to 2.1 million policies

    Gross Written Premiums increased Y-o-Y by 4.6 percent in Q1 2022 to AED 15.8 billion mostly due to an increase in property and liability insurance premiums

  • The airline ordered 25 Boeing MAX 10 jets worth $3.3bn.

    Boeing has triumphed over its European rival Airbus in the traditional Farnborough battle for orders this year.

    European rival Airbus cancelled a multi-billion-dollar order of 50 single-aisle A321neo jets from Qatar Airways.

  • The developer sold homes valued at $405m in Sharjah.

    The first half results saw completion of the company's first public financing deal, a $350 million sukuk issuance.

    The results come against Sharjah's booming property market, which saw a 65 percent increase in the total value of property sold in 2021.

  • Profits were $476 million compared with just $19 million in the year-ago period.

    US carrier said its first profitable quarter, since the start of the pandemic, was due to operations

    American Airlines expects revenues of 10-12% above the 2019 level in the third quarter of 2022

  • It will acquire US health care provider One Medical for $3.9 bn.

    The massive firm has steadily gone far beyond e-commerce, and earlier this year said its telemedicine service was expanding nationwide in the United States.

    One Medical, which has a network of primary care practices and telemedicine services, has grown to over 750,000 members.