INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

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.
  • Last year, the Fed chair used his keynote speech at the Jackson Hole Economic Policy Symposium to indicate the time...

    Powell faces constant attacks from Trump -- who is aggressively pushing the independent bank for rate cuts -- alongside mixed economic data leading him towards a cautious approach.

    Powell has warned that the risks of higher inflation and a weakening jobs market add up to a "challenging situation."

  • London, United Kingdom -- A British woman suffering from motor neuron disease who lost her ability to speak is once...

    Sarah Ezekiel, an artist, was left without the use of her voice after she was diagnosed at the age of 34 with MND while pregnant with her second child 25 years ago.

    AI tools developed by a New York-based ElevenLabs developed voice very close to her original, complete with her London accent.

  • Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy...

    The UAE and Dubai have long welcomed wealthy people from nearby countries, and people helping millionaires to move there told AFP it is seeing more Westerners joining the fray

    The Gulf state's golden visa scheme, meant to attract wealthy or skilled foreigners, allows individuals to obtain a 10-year residence permit

  • Google will provide its Gemini artificial intelligence tools to US federal agencies practically free, the government announced Thursday.

    A suite of AI and cloud computing services called "Gemini for Government" from Google is intended to speed the adoption of the technology across the US government

    AI tools being provided include generation of video, images, or ideas as well as digital "agents" capable of independently tending to complex tasks

  • Hong Kong, China - Asian markets edged mostly upward in muted morning trading on Thursday, one day before a key...

    US Federal Reserve Chairman Jerome Powell, who has resisted public demands by President Donald Trump to cut rates, is scheduled to deliver remarks Friday

    Data last week provided a mixed picture of US inflation, making it uncertain if the Fed will lower rates as many investors expect in September

  • Muscat, Oman -- The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of...

    The value of disposable national income (available for consumption and savings after deducting taxes and other transfers) amounted to US$1.989 trillion.

    The data indicate that the contribution of the non-oil sector to the GCC’s Gross Domestic Product (GDP) at current prices rose to 71.5 percent by the end of 2023.

  • "I'll be setting tariffs next week and the week after, on steel and, I would say, chips. Chips and semiconductors,...

    Trump said the levy rate would be "lower at the beginning" but "very high after a certain period of time," as a way to encourage businesses to relocate operations to the US.

    On August 6, Trump announced a 100 percent tariff on semiconductors from firms that do not invest in the United States.

  • New York, United States - Wall Street stocks finished little changed Thursday as markets absorbed a disappointing inflation report, while...

    The producer price index rose 0.9 percent on a month-on-month basis, much greater than analysts expected following benign consumer pricing data earlier this week

    Among individual companies, Intel surged 7.4 percent following a Bloomberg News report that Trump is considering an investment in the beleaguered chip company

  • Bitcoin hit a new peak at $124,514.59 in Asian trading, before cooling to around $121,500. The world's biggest cryptocurrency is...

    Bitcoin is also winning investor support thanks to strong backing for the cryptocurrency sector from Trump.

    Most European equity indices climbed after major Asian peers ended lower.

  • Human Health and Social Work activities registered the highest growth rate, rising 26 percent compared to the same period last...

    Real Estate activities grew by 7.8 percent, while financial and insurance activities expanded by 5.9 percent.

    Accommodation and food service activities recorded a 3.4 percent increase, and transport and storage rose by 2 percent.