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.
  • Washington, United States - Russian Ambassador to Washington, Anatoly Antonov, on Friday asked the United States to remove sanctions barriers...

    Antonov's statement comes in response to comments by US National Security Adviser Jake Sullivan, who expressed skepticism about a swift return to the initiative

    Ambassador Antonov stressed that Russia has consistently expressed its willingness to reopen the doors to the initiative provided its concerns were addressed

  • Tel Aviv, Israel - US Secretary of State Antony Blinken is considering a trip to the Middle East in October...

    The US State Department has also issued a statement marking the third anniversary of the historic Abraham Accords

    US National Security Adviser Jake Sullivan and Middle East czar Brett Mcgurk have also made visits to Riyadh in July and last week

  • New York, US--The UAE has announced the launch of a new digital response platform that will support disaster-affected countries to...

    The digital-response platform will let disaster-hit countries to communicate what aid is needed, allowing partners to accelerate aid delivery

    The UAE private sector during the last five years has made contributions to the tune of US$ 250 million to humanitarian efforts globally

  • Paris, France - Irish regulators on Friday handed out a 345-million-euro ($369-million) fine to TikTok over data breaches, part of a...

    Ireland issues the most stringent fines on this front as Dublin hosts the European offices of several big tech firms and data privacy is enforced by local regulators.

    The EU has had little success in getting tech companies to pay more taxes in Europe, where they are accused of funneling profits into low-tax economies.

  • TRIPOLI, LIBYA - Over a decade of bloody power battles in Libya have resulted in vital infrastructure falling into disrepair, culminating...

    Libya has been wracked by conflict and division ever since a NATO-backed uprising toppled and killed longtime dictator Moamer Kadhafi in 2011.

    Tripoli-based prime minister blamed the tragedy on the absence of adequate development plans and the "effect of the years" on the dams.

  • DUBAI, UAE - The UAE and China's Hainan Province have signed four major private-sector agreements aimed at boosting the rapidly...

    UAE Minister of State for Foreign Trade promoted the country’s unrivalled access to global markets, which have been enhanced by CEPA program.

    He highlighted the growing relationship between Hainan and the UAE, which resulted in bilateral non-oil trade doubling in 2022 to reach $900 million.

  • Tehran, Iran - Iran has seized two oil tankers allegedly carrying smuggled fuel in the Gulf and arrested their crews, state...

    "The seized tankers... flying the flags of Panama and Tanzania were transporting more than 1.5 million litres (400,000 gallons) of Iranian oil and gas," an official said.

    In recent weeks, the US military has intensified its presence in the Gulf, accusing Iran of seizing vessels, or attempting to, in this shipping lane.

  • Dubai, UAE -- The talks between Turkey and China to build a nuclear power plant in eastern Thrace are progressing and...

    Senior officials from the Chinese government visited eastern Thrace and saw the sites where the construction is planned, Middle East Eye reported.

    Russia is already building a power plant in Akkuyu that will become partly operational next year.

  • HANOI, VIETNAM  - A delegation of 80 Saudi businessmen, representing over 50 companies, and representatives from national specialized bodies and...

    The visit aims to explore investment opportunities, enhance trade, investment and industrial cooperation between Saudi Arabia and Vietnam.

    The visiting delegation was briefed on the production lines at Zamil Steel Building Vietnam Co and witnessed the skill of the workers.

  • TEHRAN, IRAN  – The foreign minister of Qatar said the procedures for the transfer of Iran’s unfrozen foreign assets to...

    Qatar has been a mediator in talks that led to a prisoner exchange deal between Iran and the United States.

    The deal involves the release of five prisoners from each side and the unfreezing of some US$6 billion worth of Iranian funds.