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.
  • Airlines are still deep in the red, with losses expected to extend by another $51.8 billion this year.

    Air traffic has bounced back since the easing of restrictions, though it was still 53 percent lower in September than its pre-pandemic levels.

    Airbus will show off its A321neo -- the latest model in Airbus's A320 narrow-body series -- and its twin-aisle A350.

  • The global food trade should hit a record high in both volume and value, according to a new report by...

    The bill is 14 percent higher than last year and 12 percent higher than the previous forecast.

    The increase is also driven by higher price levels of internationally traded food commodities.

  • A respite in the crisis surrounding troubled Chinese developer Evergrande also provided some much-needed support to the region.

    A respite in the crisis surrounding troubled Chinese developer Evergrande also provided some much-needed support to the region

    Analysts said dealers remained hopeful that the inflation spurt would not be long-lasting and flatten out as supply chains normalise

  • Some people conflate the target of zero carbon emissions with the notion that the era of oil, gas, coal, and...

    Carbon emission targets are sometimes misunderstood with the end of oil, gas, and coal

    Oil and gas are still the primary drivers of the global economy, and will continue to be so for decades

  • The draft Intergovernmental Panel for Climate Change report is scheduled for release early next year.

    Helping vulnerable nations cope with the multiplier effect of climate change will require trillions of dollars, according to a draft UN report

    The failure of rich countries to deliver the promised $100 billion a year for vulnerable nations has become a flashpoint at COP26

  • Saudi Arabia has sold two bonds--a sukuk tranche and a conventional bond--for $3.25, the kingdom's National Debt Management Center (NDMC)...

    The value of the first tranche is at $2 billion for a nine-and-a-half-year sukuk maturing in 2031.

    The second tranche of $1.25 billion is for a 30-year bond maturing in 2051.

  • “The governments of the UAE and Bahrain, in light of the fraternal ties and long-term mutual interests between the two...

    According to the Bahrain News Agency, Mumtalakat and Mubadala Investment Co will launch the new fund together

    Bahraini Crown Prince Salman bin Hamad Al Khalifa announced the deal during a visit to the UAE

  • Apple iPhone

    A judge rejected Apple's request to delay letting App Store offerings bypass its payment system as ordered by the court...

    Epic filed the lawsuit to break Apple's grip on the App Store, accusing the iPhone maker of operating a monopoly in its shop for digital goods or services.

    The judge reasoned that Apple's policies not allowing app developers to steer users to payment platforms outside the App Store as being a factor in the "antitrust conduct."

  • Elon Musk, the CEO of Tesla lost $50 billion in two days as shares of Tesla fell for the third...

    According to Bloomberg Billionaires Index, this is the biggest two-day fall in its history.

    his drop in net worth of Elon Musk reduces the gap between him and Jeff Bezos, the second richest man of the world to $83 billion.

  • The Emirates Development Bank (EDB) has signed an MoU with the National Bank of Fujairah (NBF) to offer credit guarantees...

    NBF will offer up to AED10 million financing to an SME, and 50 percent of the facility amount will be either guaranteed or co-lent by EDB.

    The program also aims to support UAE citizens in the startup journey by offering financing facilities of up to AED1 million.

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