INSEAD Day 4 - 728x90

Global

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Apple’s changes contradicts European rules, 34 firms complain

Brussels, Belgium - Changes Apple is making to its services in the European Union "make a mockery" of new antitrust rules...

Business

World resource extraction could surge 60 percent by 2060, UN warns

Paris, France - Extraction of Earth's natural resources could surge 60 percent by 2060, imperiling climate goals and economic prosperity, the...

Economy
Geostrategy

Civilians leave Azovstal as Ukraine fears fresh Russia offensive

Ukrainian President Volodymyr Zelensky said that hundreds of people had been removed from the Azovstal steel plant in Azov, and...
  • Earlier, Ukraine's defense ministry said Russia had resumed their assault on the Azovstal site, despite talk of a truce to help trapped civilians
  • Fighting continues on many other fronts, and Ukraine's defense ministry has said it has destroyed another Russian vessel in the Black Sea
Geostrategy

Ukraine claims it sank Russia’s warship near Black Sea

The traditional parade of the Russian Black Sea fleet on May 9 this year will be held near Snake Island...
  • Ukraine's defense ministry said in a statement an armed drone had destroyed a Serna-class landing craft
  • Earlier this month Ukraine said its drones destroyed two Russian patrol boats, also near Snake Island
Business

Indonesia seizes tanker for defying palm oil export ban

The Indonesian Navy has seized a tanker that was carrying palm oil out of the country in violation of an...
  • Indonesia, the world's largest producer of palm oil, prohibited its export last week to counter skyrocketing domestic prices and shortages
  • The ship was carrying 34 containers containing refined, bleached, deodorized (RBD) palm olein which is temporarily prohibited for exports
Geostrategy

UN attempts rescue as Russia pummels Mariupol

The Russian military had announced a three-day ceasefire at the site starting on Thursday, but a Ukrainian commander said there...
  • Since failing to take Kyiv early on in its invasion, which began February 24, Russia has focused its efforts on Ukraine's east and south
  • Seizing Mariupol would allow it to link the pro-Russian regions in eastern Ukraine to Crimea, which it annexed in 2014
Geostrategy

WHO claims 13-16 million people died due to Covid in 2020-21

The WHO declared Covid an international public health emergency on January 30, 2020, after cases of the new coronavirus spread...
  • The figures give a more realistic picture of the worst pandemic in a century, which killed around one in 500 people worldwide.
  • The figures are extremely sensitive due to how they reflect on the handling of the crisis by authorities around the world.
Economy

Inequality widens in Britain as financial sector salaries increase

Salaries in Britain's financial sector have surged in recent months, widening inequality amid the nation's cost-of-living crisis, a study showed...
  • Average monthly pay in the industry jumped 31 percent in February from December 2019, propelled by high-earners.
  • The news comes as many Britons face a cost-of-living crisis, slammed by decades-high inflation and rising taxation.
Economy

Infantino says Qatar migrant workers take pride from hard work

FIFA President Gianni Infantino said migrant workers take pride from hard work when he was asked about the conditions of...
  • "Let's not forget one thing, when we speak about this topic, which is work, even hard work, tough work," Infantino said
  • "When it comes to the building of World Cup stadiums -- we are investigating all these matters with external entities -- it is actually three persons who died," he added
Business

Iran oil minister meets Venezuela President amid rising oil prices

The two countries are said to have discussed ways to ‘overcome’ the effects of US sanctions against both nations.
  • Javad Owji's visit to Venezuela came just weeks after a visit by US officials in the midst of rising global oil prices
  • In March, a US delegation held a meeting with Maduro, whose very legitimacy as president Washington disputes
Geostrategy

Russia steps up Ukraine fight as EU braces for gas paucity

The United States has been warning that Russia is preparing to formally annex regions in Ukraine’s east, while the European...
  • Russia's Foreign Minister Sergei Lavrov has meanwhile sparked outrage by alleging Adolf Hitler may have ‘had Jewish blood’
  • This has invoked a conspiracy theory in a bid to discredit Ukraine's President Volodymyr Zelensky — who is of Jewish ancestry
Economy

Pakistan and Saudi Arabia to discuss extending term of $3 bn loan

The latest sign of support follows a visit to Saudi Arabia by new Prime Minister Shahbaz Sharif, who has inherited...
  • In recent years, Saudi has provided Pakistan with $4.2 bn of support in the form of the $3 bn loan deposited with the central bank as well as $1.2 bn in deferred oil payments.
  • Saudi Arabia also pledged "to further enhance the financing of petroleum products" at a time when the South Asian country is suffering from frequent power cuts.

Apple’s changes contradicts European rules, 34 firms complain

Brussels, Belgium - Changes Apple is making to its services in the European Union "make a mockery" of new antitrust rules...
Business

Company News

Latest News

Countries pledge to raise $12 billion to help coral

The pledge comes with coral around the world under particularly acute stress because of record warm seas this year.
Geostrategy

Oil industry is an integral part of climate solutions, says COP28 head

President of the upcoming COP28 climate talks Sultan Al Jaber, also the head of UAE state-owned oil firm ADNOC, told...
Geostrategy

mRNA COVID vaccine experts awarded Nobel Medicine Prize

Kariko, 68, and Weissman, 64, longstanding colleagues at the University of Pennsylvania in the US, have won a slew of...
Science
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Economy

ADB capital reforms unlock $100bn to support Asia and the Pacific region

MANILA, PHILIPPINES - The Asian Development Bank (ADB) approved capital management reforms that unlock US$100 billion in new funding capacity...
  • The expansion of available funds will be further leveraged by mobilizing private and domestic capital required to tackle the climate crisis.
  • The reforms also create a Countercyclical Lending Buffer to support ADB developing member countries facing unexpected crises.
Geostrategy

The many ways US government shutdown affects people

WASHINGTON, US - The United States is heading toward a government shutdown this weekend with no foreseeable way out of a...
  • Sharp disagreements in the Republican Party has prevented passage of the bills needed to keep the government funded and open.
  • The credit ratings agency Moody's warned this week that a shutdown would be "credit negative" for US sovereign debt.
Geostrategy

1bn tons of food wasted every year while 783m people face hunger: FAO

Rome, Italy - The UN Food and Agriculture Organization (FAO) and the UN Environment Program (UNEP) said one billion tons...
  • The agencies said that stopping food loss and waste boosts food security, saves resources and helps reduce our carbon footprint.
  • Both the bodies called for urgent action from the public and private sector as well as consumers to save and preserve food