INSEAD Day 4 - 728x90

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.
  • Washington, United States -- A US Navy warship shot down a missile Friday that was fired at it by Yemen's Iran-backed...

    Several shipping firms have diverted from the Red Sea, instead taking the longer and more expensive route around the Cape of Good Hope in South Africa.

    Maritime monitoring agencies meanwhile said two missiles exploded in waters south of Yemen on Friday, though it was unclear if those reports were related to the incident.

  • At this stage, the ICJ is only deciding whether to impose emergency orders on Israel ("provisional measures" in the court's...

    South Africa has asked the ICJ to impose nine orders on Israel, including to immediately suspend military activity and to enable more humanitarian access to Gaza.

    The court could order all nine of the orders, none of them, or even make up its own completely different orders.

  • The top UN court said Israel should do everything it could to prevent any acts of genocide in the Gaza...

    South Africa brought the case before the ICJ, saying Israel violated the UN Genocide Convention.

    The court rulings are binding on all parties, but it has no mechanism to enforce them.

  • According to Axios, Israel has offered Hamas a two-month pause in fighting in Gaza in exchange for the release of...
  • PARIS, FRANCE - France's top constitutional authority on Thursday rejected parts of a controversial immigration bill adopted under pressure from the...

    The bill is a flagship reform of President Macron's second term but its text, hardened under pressure from the right, caused a revolt among ruling party's lawmakers.

    Around a quarter of the 251 lawmakers in Macron's camp voted against the bill or abstained, and several left-wing ministers have registered their opposition to the bill.

  • TRIPOLI, LIBYA - The flood that devastated Libya's eastern port city of Derna last year has impacted up to 1.5 million...

    Nearly 44,800 people were displaced by the disaster, including 16,000 children, and their access to care and education has severely deteriorated since.

    UN humanitarian agency OCHA confirmed 4,352 deaths and over 8,000 missing persons, "making Storm Daniel the deadliest storm in Africa since 1900".

  • "The army called the UNRWA official through the loudspeaker, she went over to them next to the tanks, and they...

    Twelve people were killed Wednesday when two tank shells struck the shelter, where thousands had taken refuge, UNRWA said.

    The health ministry said Israeli forces on Thursday killed 20 people waiting for humanitarian aid to be distributed on the outskirts of Gaza City.

  • HONG KONG - UAE Ministry of Finance Undersecretary Younis Haji Al Khoori announced that the ministry's issuance of bonds and...

    The Islamic Treasury Sukuk launched in 2023 and valued at US$299 million experienced robust demand, with bids received worth US$2.2 billion.

    The UAE is Hong Kong's largest trading partner in Middle East, with non-oil trade reaching $6 billion (AED22.2 billion) in the first half of 2022.

  • Finance Minister Bezalel Smotrich commented after Prime Minister Benjamin Netanyahu was caught on tape allegedly telling hostages' families this week...

    Qatar is the "patron of Hamas and is largely responsible for the massacre committed by Hamas of Israeli citizens", Finance Minister Bezalel Smotrich said on X

    Smotrich's remarks come as Biden's Middle East envoy was in the region for talks aimed at brokering a new deal to free the remaining captives in exchange for a pause in fighting

  • The central bank is tipped to leave rates unchanged for a third consecutive meeting, keeping the benchmark deposit rate at...

    Frankfurt institute launched an unprecedented rate hiking cycle in mid-2022

    ECB watchers will be more interested in president Christine Lagarde's press conference