INSEAD Day 4 - 728x90

Global

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.

Hundreds flee as Gaza’s main hospital evacuated

Hundreds of people fled after Israel's army ordered the evacuation of Gaza's main hospital where over 2,000 people were trapped...
  • Israel has been pressing military operations inside the hospital, searching for the Hamas operations center it says lies under the sprawling complex.
  • Israel has vowed to destroy Hamas in response to the October 7 attacks which Israeli officials say killed about 1,200 people, most of them civilians.

Germany, Turkey leaders hold divergent views on Israel-Hamas war

BERLIN, GERMANY - Germany and Turkey's leaders traded barbs on Friday over Israel's war on Hamas, with Frank-Walter Steinmeier stressing the...
  • Turkey’s President Erdogan is on a controversial visit to staunch Israel defender Germany, made more tricky by his accusations directed at Tel Aviv.
  • Erdogan has been increasingly critical of Israel's war against Hamas, triggered by the group's attack that Israel said killed around 1,200 people.

Saudi Arabia, CARICOM countries hold first summit for strategic partnership

RIYADH, SAUDI ARABIA - Since its foundation, the Kingdom has been keen to build bridges of communication with all the...
  • The convening of the summit will contribute to mutual support for various global nominations of the Kingdom and CARICOM, including Saudi Arabia's bid to host Expo 2030.
  • It will enhance coordination on regional and international issues of common interest, boosting tourism cooperation, and highlighting Saudi Arabia's tourist attractions.

Nations start negotiations over global plastics treaty at Nairobi meet

Nairobi, Kenya -- Nations grappling with the plastic "suffocating" nature and leaching into food and the human body began fresh...
  • Around 60 so-called "high ambition" nations have called for binding rules to reduce the use and production of plastic
  • Kenyan President William Ruto described plastic pollution as "an existential threat to life, to humanity and everything in between."

Dubai Airshow 2023 to see 1,400 exhibitors from 95 countries

DUBAI, UAE – The biggest edition of the Dubai Airshow, a significant global event for the aerospace, space and defense...
  • More than 1,400 exhibitors from 95 countries and over 300 international speakers will gather at the at Dubai World Central.
  • Dubai Airshow 2023 is also set to welcome leading and new airlines from across the globe, ready to showcase new concepts to the industry.

Arab, Muslim leaders summit condemns Israel over Gaza offensive

Arab and Muslim leaders condemned Israeli forces' "barbaric" actions in Gaza but declined to approve punitive economic and political steps...
  • The summit took place against a backdrop of widespread anger in the Middle East and beyond over Israel's aerial and ground offensive in Gaza.
  • Israel's offensive in Gaza killed over 11,000 people, mostly civilians and many of them children, according to the Hamas-run health ministry.

Israel faces global calls to protect civilians in Gaza

The suffering and death in Gaza has prompted growing calls for a halt in five weeks of fighting in order...
  • The Gaza health ministry says Israeli fighting has killed more than 11,000 people, also mostly civilians and many of them children
  • Almost 1.6 million people have been internally displaced since October 7, the UN agency for Palestinian refugees (UNRWA) said

European Euclid space telescope unveils first images

Darmstadt, Germany - The first images from Europe's Euclid space telescope were released on Tuesday, showing a nebula resembling a horse's...
  • Euclid blasted off in July on the world's first-ever mission aiming to investigate the enduring cosmic mysteries of dark matter and dark energy.
  • The first five images were unveiled during a press conference at the European Space Operations Centre in Darmstadt, Germany.

UN calls for overhaul of financial system to help poorest countries

The UN called for an overhaul of the global financial system to help the world's poorest countries and their struggle...
  • The 46 so-called least developed countries, or LDCs, suffered a sharp economic slowdown in the first years of the COVID-19 pandemic.
  • As a consequence of the economic slowdown, an additional 15 million people have been pushed into extreme poverty, the UN body said.

Record number of patent applications filed globally in 2022, says WIPO

GENEVA, SWITZERLAND - Global patenting activity soared to new records in 2022, fueled by Indian and Chinese innovators, but an...
  • China, the US, Japan, Republic of Korea and Germany were the countries with the highest numbers of patent filings in 2022.
  • innovators from around the world submitted 3.46 million patent applications in 2022, marking a third consecutive year of growth.

Israeli airstrike kills five Palestinians in West Bank

Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...

Company News

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Amman Chamber of Industry exports for January-February 2024 reaches $1.3bn

AMMAN, JORDAN - Amman Chamber of Industry (ACI) exports amounted to US$1.3 billion (JD926 million) during the last two months...

Aid boat ready to set sail from Cyprus for Gaza

A boat laden with food for Palestinians in war-ravaged Gaza was "ready" to set sail from Cyprus, an NGO said,...

Iran hits out at UN experts report on 2022 protests

TEHRAN, IRAN – Tehran on Saturday strongly condemned a UN report on the Islamic republic's response to mass protests in 2022,...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

US President orders military to set up a port in Gaza for aid, say officials

President Joe Biden will tell Congress that he has ordered the US military to set up a port in Gaza...
  • US officials said the "significant capability will take a number of weeks to plan and execute".
  • US officials were careful to stress that American troops would not be on the ground in Gaza.

UN agency exhorts Israel to allow port for Gaza aid transfer

Rome, Italy - The UN's food agency on Thursday said it was pressing Israel to allow it to use the Ashdod...
  • "We have several requests with the Israelis," World Food Program (WFP) Deputy Executive Director Carl Skau told AFP in Rome.
  • "We want to use the Ashdod port, which would be much more efficient than going through Jordan or even Egypt," Skau said.

Hamas expresses dissatisfaction over Israel’s stance on Gaza truce

A senior Hamas official confirmed that the group's delegation in talks seeking a Gaza truce left Cairo for consultations in...
  • Hamas has been insisting on a complete withdrawal of Israeli forces from Gaza, the return of displaced people to their homes.
  • Israel has been asking for a list of all hostages still alive in Gaza, a task Hamas says it is unable to complete.