INSEAD Day 4 - 728x90

Geostrategy

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Israel strike kills 3 Hizbollah-affiliated paramedics in Lebanon

According to the Hizbollah-affiliated Islamic Health Committee, three volunteer paramedics died "due to a direct Zionist attack on an emergency...
  • Israeli said it struck Hizbollah targets including "military compounds"
  • Hizbollah and Israel have been exchanging near-daily fire since October 7

Macron’s leadership: A tale of arrogance and chaos

Facing graft allegations, divisive remarks on NATO and Islam, and widespread protests, his presidency underscores challenges of governing in today's...
  • Facing graft allegations, divisive remarks on NATO and Islam, and widespread protests, his presidency underscores the challenges of governing in today's geopolitical landscape.
  • With Macron's leadership increasingly under scrutiny and his term limit approaching, France stands at a crossroads, questioning the future of its leadership and direction.

European Union slaps $1.9bn fine on Apple over violation of rules

Brussels, Belgium - The EU on Monday hit Apple with a more than 1.8-billion-euro fine ($1.9 billion) for violating the bloc's...
  • The $1.9 billion penalty is the third-biggest antitrust fine ever imposed by the European Commission
  • The iPhone maker immediately vowed to appeal the first ever antitrust fine slapped on Apple by Brussels

Iran declares 41 percent voter turnout in key elections

Tehran, Iran - Iran on Monday announced a turnout of 41 percent in last week's elections for parliament and a key...
  • "Around 25 million people participated, with a turnout of 41 precent," Interior Minister Ahmad Vahidi told a press conference in Tehran.
  • The vote was the first since nationwide protests broke out following the September 2022 death in custody of 22-year-old Mahsa Amini.

Western countries shelve plans to censure Iran at UN nuclear meet

Western powers will not censure Iran over its lack of cooperation with the UN nuclear watchdog at its Board of...
  • The issues include expanding its nuclear work, deactivating agency surveillance devices for monitoring Iran's nuclear program and barring senior inspectors.
  • The so-called E3 group -- France, Germany and the United Kingdom -- initially planned to censure Iran for its lack of cooperation with the agency.

UNRWA head seeks General Assembly support after backlash

The head of the UNRWA is set to defend his organization's work at the General Assembly, after crippling backlash over...
  • The UNRWA's ability to carry out its mandate is "seriously threatened," Lazzarini said.
  • The agency has been at the center of controversy since Israel accused about a dozen of its employees of involvement in the October 7 attack.

Diplomacy the ‘only way’ to end Israel-Hizbollah clashes: US envoy

"A diplomatic solution is the only way to end the current hostilities" and achieve "a lasting fair security arrangement between Lebanon...
  • Israel and Hizbollah movement have been exchanging near-daily fire since October, raising fears all-out conflict could spread across the region.
  • Hochstein held talks with other senior officials including Prime Minister Najib Mikati and army chief Joseph Aoun in a push to halt violence along the border with Israel.

Israel destroys home of Palestinian accused of killing settlers

Israel routinely demolishes the homes of Palestinians accused of carrying out attacks, arguing that such measures act as a deterrent, while critics say it...
  • The apartment of Moaz al-Masry, who was killed by Israeli forces following the April 7 attack, was demolished in the early hours
  • Masry, along with two others, was accused of shooting dead Israeli settler Leah Dee and her daughters Maia and Rina

UN says ‘delusional conspiracy theories’ behind global violence

Geneva, Switzerland - The pernicious "'great replacement' conspiracy theories" spreading in many countries are "delusional" and racist and are directly spurring...
  • United Nations High Commissioner for Human Rights Volker Turk also took aim at the "war on woke", which he stressed was "really a war on inclusion"
  • Turk insisted that racially mixed and multicultural societies were not something to fear but should be seen as a benefit to people everywhere

US Vice President calls for ‘immediate ceasefire’ in Gaza

Taking an unusually sharp tone, Harris demanded Israel "do more to significantly increase the flow of aid" into Gaza, where...
  • Kamala Harris's comments on Sunday came as Washington led a push to lock in a truce before Ramadan
  • According to a senior US official, Israel has broadly accepted the terms of proposal to pause the five-month-old war

Venezuelan parliament swears in interim president after Maduro’s ouster

Venezuela's parliament swore in Delcy Rodriguez as interim president on Monday, two days after US forces seized her predecessor Nicolas...

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Palestinian mother ‘destroyed’ after image used to deny Gaza starvation

Montreal, Canada - Palestinian-Canadian Faiza Najjar was able to leave Gaza last year, but could not bring her four adult...

Netanyahu floats ‘allowing’ Palestinians out of Gaza as mediators renew truce push

For Palestinians, any effort to force them off their land would recall the "Nakba", or catastrophe -- the mass displacement...

Zelensky says US summit in Alaska a ‘personal victory’ for Putin

Ukrainian President Volodymyr Zelensky said Tuesday that Russian counterpart Vladimir Putin had scored a "personal victory" by getting invited to...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Iran security chief meets officials in Iraq before Lebanon visit

Ali Larijani, the head of Iran's top security body, met with senior officials in Iraq on Monday, ahead of a...
  • Tehran has suffered a series of blows in its long-running rivalry with Israel, including during 12 days of open war between the two countries in June
  • Israel, briefly joined by the United States, struck Iranian nuclear facilities, while Israel has also devastated Hamas and Hezbollah since late 2023

Accumulating bitcoin a risky digital rush by companies?

London, United Kingdom - US President Donald Trump's media group and Tesla, the electric carmaker owned by tech billionaire Elon...
  • Companies frequently own bitcoin to take part in sector activities such as "mining", which refers to the process of validating transactions in exchange for digital tokens
  • Other players who had core operations totally unrelated to cryptocurrency, such as Japanese hotel business MetaPlanet, have switched to buying bitcoin

US toughens terrorism ban of Pakistan separatist fighters

The United States on Monday toughened its terrorist designation of separatist militants in Pakistan's southwest Balochistan province who were behind...
  • The State Department listed the Baloch Liberation Army (BLA) as a foreign terrorist organization, which makes it a crime in the United States to provide support to the group
  • Washington had already listed the BLA under the less severe label of specially designated global terrorists, which targets financial resources