INSEAD Day 4 - 728x90

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.
  • In a bid to boost prices, the Organization of the Petroleum Exporting Countries (OPEC) headed by Saudi Arabia and Russian-led allies...

    In December, eight OPEC+ countries announced they would start phasing out 2.2 million bpd of voluntary supply cuts from April.

    The decision to stick to the alliance's timetable to unwind cuts comes after Trump said last month that he would ask Saudi Arabia and OPEC to lower oil prices.

  • Syrian President Ahmed al-Sharaa met Saudi Crown Prince Mohammed bin Salman in Riyadh, marking his first foreign visit and signaling...

    Al-Sharaa’s visit signals Syria’s pivot away from Iran and closer ties with the Gulf states

    Saudi Arabia is leading efforts to reintegrate Syria into the regional fold and push for sanctions relief

  • Davos, Switzerland -- Peter-Lucas Jones, a Kaitaia native, who has been listed in the prestigious Time100 AI 2024 List, was...

    Peter-Lucas Jones, a Time100 AI 2024 List honoree, discussed AI's role in preserving the Te Reo Maori language at the World Economic Forum in Davos.

    His team at Te Hiku Media developed Te Reo Maori natural language processing tools and an automatic speech recognition model.

  • Davos, Switzerland -- In the next five years, millions of jobs will be created. Governments, employers, and education institutions, therefore,...

    The key report findings highlighted that there will be 78 million new job opportunities by 2030 but urgent upskilling is needed to prepare workforces.

    The fastest-growing skills by 2030 will include technological skills alongside human skills, such as cognitive skills and collaboration.

  • Davos, Switzerland -- Some of the biggest problems in the world today are systemic problems, which cannot be resolved with...

    From 200 organizations in 2020, Catalyst Now has grown to 3,800 organizations working in 140 countries.

    It's for the first time that there's a Social Innovation House in Davos. There is a commitment to do it again next year.

  • The newly inaugurated president remarked that he would “like to meet with President Putin soon” and “get the war ended,”...

    The newly inaugurated president said he would reduce the US corporate tax rate from 21% to 15%, with foreign companies manufacturing goods in the US benefiting directly

    Trump also indicated that lowering oil prices could be a key step towards ending the Ukraine-Russia war, urging Saudi Arabia and OPEC to reduce the cost of oil

  • Davos, Switzerland -- The transformation seen in the labor market brought about by green transition and new technologies has raised...

    Nilsson said that in the green transition, the new jobs that have been created are of lower quality and workers are less protected.

    AI can reduce discrimination in hiring but the technology itself can be rigged to increase discrimination, she warns.

  • Davos, Switzerland -- The world labor market is nearing the pre-Covid levels but gender gap and other concerns remain, International...

    Houngbo said he saw the unemployment gap between young women and young men to the disadvantage of women.

    The most important thing is that the private and public sectors need to step up investment in reskilling, he said.

  • Davos, Switzerland - The world is grappling with challenges that demand collective action, but rising nationalism and geopolitical tensions are...

    The world faces problems that can only be solved if people and countries come together, Dr. Masood said

    He pointed to US-China tensions as a major barrier to addressing shared global challenges

  • Gaza, Palestine - The United Nations Relief and Works Agency for Palestine Refugees (UNRWA), confirmed today that the reconstruction process...

    UNRWA said that the agency can contribute to rehabilitating the infrastructure in the camps and returning employees to work inside them, and operating their wells.

    The agency emphasized that locating the missing—numbering in the thousands beneath the rubble—requires meticulous planning and the expertise of specialized teams