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.
  • Johannesburg, South Africa -- Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for...

    Diamond-dependent Botswana is leading the way and launched a sovereign wealth fund this week to lay the "foundation for a more resilient and diversified future beyond diamonds".

    It is exploring other avenues too, like boosting luxury wildlife tourism, launching into the medicinal cannabis market and exploiting its abundant sunshine for solar power.

  • Taif, Saudi Arabia -- The market value of the camels competing in the final rounds of the 2025 Crown Prince...

    The seventh edition of the festival, organized by Saudi Camel Sports, began on September 2 under the patronage of Prince Mohammed bin Salman bin Abdulaziz Al Saud.

    The competition featured a total of 249 rounds, with prize money exceeding SAR50 million. The final four rounds, covering a distance of 24 kilometers, will be held on Friday.

  • oil

    Paris, France -- Global oil supply hit a record high in August as OPEC+ and other countries ramped up production,...

    Eight key members of OPEC+ group, including Saudi Arabia and Russia, have been gradually increasing production since April after restricting output in recent years.

    Non-OPEC+ nations have also been raising their output, with the IEA saying production from the United States, Brazil, Canada, Guyana and Argentina was "at or near all-time highs".

  • Companies including Germany's Holon and Estonia's Auve Tech displayed small self-driving buses, designed for routes where larger buses with drivers...

    Chinese brands showcased their efforts to create "flying cars", small electric aircraft powered by multiple rotors designed for short journeys.

    Austrian Wolfgang Podleiszek is working on a funky two-wheeled electric car that steers like a segway and needs the driver to lean into corners.

  • New York, United States - Billionaire Elon Musk is at risk of losing his title of world's wealthiest person to...

    Ellison, 81, amassed more than $100 billion in additional wealth Wednesday as Oracle shares skyrocketed after the nearly 50-year old company forecast massive revenue growth

    That rise lifted Ellison's overall wealth to about $406 billion compared with Musk's roughly $440 billion, according to a Forbes real-time billionaire's index

  • Gains for oil prices were relatively modest, while gas futures were unmoved after Israel's strikes Tuesday against Hamas in gas-rich...

    Wall Street had notched fresh highs Tuesday as markets digested weak US jobs data that added to expectations that the Fed will lower US interest rates at their next meeting.

    Tokyo's stock market ended at an all-time high, as did Seoul where traders were hopeful the government will not implement plans to lower the capital gains tax threshold for stocks.

  • The Hague, Netherlands -- A Dutch tech startup said Wednesday it had set a European speed record for its futuristic...

    Hardt Hyperloop said its vehicle had reached 85 kph at the 420 meter European Hyperloop Center test track in the Netherlands and had carried out a complex lane switching test.

    It said the lane switching maneuver -- essential for networked routes -- showed there were no technical barriers to operating at aircraft-like speeds.

  • A steep downward revision to US job creation cemented expectations that the Federal Reserve would begin lowering its benchmark rate...

    US employment growth is likely to be revised down by 911,000 for the 12 months ending in March, official data showed.

    Investors are now looking to consumer inflation data coming Thursday, since a hot reading could keep the Fed from cutting further as it looks to curb price increases.

  • Paris, France -- France's Mistral on Tuesday cemented its position as Europe's top AI hope against far larger US and...

    The 1.7 billion euro ($2bn) cash infusion values Mistral at 11.7bn euros, double its heft last year but a fraction of the $183bn price tag placed on US firm Anthropic this month.

    ASML, a key producer of the machines that churn out the chips powering artificial intelligence models, was the lead investor.

  • London, United Kingdom - The British media group which owns the Daily Express and Daily Mirror tabloids on Monday announced...

    While 135 jobs would be created focusing on live news and video, 321 posts would be axed, the British news giant told AFP via email

    "The changes we are seeing in the landscape right now demand a wholesale change in how we operate and how we tell stories," said Higgerson