INSEAD Day 4 - 728x90

Climate Change

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.

Climate change parches Morocco breadbasket amid policy pitfalls

Berrechid, Morocco -- Around this time every year, Moroccan wheat farmer Abderrahim Mohafid is usually preparing for his spring harvest, but...

Business

Paris Olympics’ organizers worry heatwave can spell trouble for games

A new study presenting "climate simulations to anticipate worst-case heatwaves during the Paris 2024 Olympics" has focused minds after it...

Economy

UAE climate change ministry, EDB to finance agro ventures

UAE Ministry of Climate Change and Environment and Emirates Development Bank sign a Memorandum of Understanding to finance agricultural SMEs...
  • UAE Ministry of Climate Change and Environment and Emirates Development Bank ink pact to finance agricultural SMEs
  • This move will help to contribute to the UAE’s sustainable economic development and food security

Floods deepen misery in Iran as death toll rises to 80

At least 80 people have been killed and 30 others are missing in floods that have wreaked havoc across Iran...
  • President Ebrahim Raisi visited flood-ravaged areas in Firouzkouh region east of the capital to assess the situation
  • Videos and pictures posted by Iranian media and on social media showed houses and cars surrounded by grey mud, and people trying to recover their belongings
Geostrategy

Heatwave causes 1,700 deaths in Spain and Portugal, says WHO

The World Health Organization's European office has said the heatwave baking Europe has caused over 1,700 deaths on the Iberian...
  • WHO official says that exposure to extreme heat often exacerbates pre-existing health conditions
  • The international organization has called for joint action to tackle climate change
Science

Testing of Barakah Nuclear Plant’s last unit successful

The Emirates Nuclear Energy Corporation has successfully completed the Hot Functional Testing on Unit Four, the last of its four...
  • Emirates Nuclear Energy Corporation successfully completes Hot Functional Testing on the last of its four units of Barakah Nuclear Energy Plant
  • Results demonstrate that all systems perform in accordance with the highest quality and safety standards under normal operating conditions
Science

Are EVs driving towards greener world or uncertainty?

Studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery...
  • Recent studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery production.
  • Wider adoption of EVs will hinge on affordability which, in turn, is reliant on battery production and robust charging infrastructure
Economy

Libyans at boiling point amid summer power cuts

The people of Libya are enduring electricity cuts of up to 18 hours a day, despite their country sitting atop...
  • The electricity crisis is just the latest trial for Libyans after a decade of insecurity, fuel shortages
  • Many of Libya's seven million people have turned to unreliable, gas-guzzling and polluting generators for electricity
Science

‘Hydrocarbon trade must finance transition to clean energy’

A study in the journal Nature Climate Change found that within this century, parts of the Gulf region could be...
  • The international community largely agrees that climate change poses an existential threat to the planet.
  • Meteorologists are predicting more frequent and intense episodes of extreme weather in coming years.
Science

Record-breaking temperature leaves Europe in discomfort

A fierce heatwave in western Europe has left much of the continent wilting under a scorching sun, feeding ferocious wildfires...
  • On Monday the 38.1C recorded in Suffolk, in eastern England, made it the hottest day of the year and the third-hottest day on record
  • For nearly a week now, armies of firefighters and a fleet of waterbombing aircraft have battled blazes that have mobilized much of France's firefighting capacity
Geostrategy

Iran orders complete shutdown as sandstorm hits Tehran

In April, Tehran's Air Quality Control Society said dust clouds originated from "countries to the west of Iran".
  • While the region has always been battered by sandstorms, dust clouds have become more frequent and intense in recent years.
  • The trend is linked to climate change and associated with overgrazing and deforestation, as well as the overuse of river water.

Weathering sandstorms, Iraqis grit teeth and battle on

Another sandstorm has darkened Iraqi skies and it's hard to breathe, but Baghdad motorcycle delivery rider Milad Mitti doesn't have...
  • Iraq, still recovering from decades of war, is now facing new environment challenges on an unprecedented scale
  • Most Iraqis never bothered with face masks when the Covid pandemic was in full swing, but they do now

Climate change parches Morocco breadbasket amid policy pitfalls

Berrechid, Morocco -- Around this time every year, Moroccan wheat farmer Abderrahim Mohafid is usually preparing for his spring harvest, but...
Business

Company News

Latest News

Oman revives CO2-busting mangroves as climate threat lurks

Oman, a minor oil producer compared with its neighbours the United Arab Emirates and Saudi Arabia, is moving quickly in...

COP28 wide open to private sector, says climate talks chief

ABU DHABI, UAE -  Upcoming UN climate talks in Dubai will be open to the private sector on an unprecedented scale,...
Geostrategy

1.5C goal on the line as countries gear up for key climate talks

Paris, France -- Facing record-shattering temperatures and a geopolitical tinderbox, countries are scrambling to lay the groundwork for crucial UN climate...
Geostrategy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Geostrategy

COP28 summit targets 68% cooling emissions cut by 2050

"Without policy intervention, direct and indirect emissions from air conditioning and refrigeration are projected to rise 90 percent above 2017...
  • Cooling methods currently account for over seven percent of global greenhouse gas emissions, according to the United Nations
  • The UN has said there are already an estimated 3.6 billion cooling appliances being used globally, but that figure is expected to soar
Business

QFZ, Samsung C&T ink MoU

The two will collaborate in green, sustainable technologies.
  • Both the parties will work together to achieve sustainability objectives within the free zones in Qatar through energy transition.
  • QFZ, Samsung C&T will also explore co-investment opportunities in green infrastructure within the free zones.

‘Too hot outside’: Saudis take to walking, jogging in malls

Roughly one in five Saudi adults is obese, according to an in-depth study published by the World Bank last year...
  • Roughly one in five Saudi adults is obese, according to an in-depth study published by the World Bank last year that described the issue as "alarming"
  • To help bring that percentage down, the Saudi Sports for All Federation now organizes races such as the Riyadh Marathon, which this year drew thousands of runners