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.
  • Special envoy Hans Grundberg pledged "relentless efforts" to reinvigorate the truce, which lapsed on Sunday after bringing a sharp reduction...

    Grundberg's plan to extend the truce which was initially set to last two months and was renewed twice, to half a year

    The US expressed its "deep concern" at the expired truce, and said that the UN-mediated deal represents the best opportunity for peace

  • Europe must ramp down gas consumption to survive the winter given perilously low stocks amid fears of a total cut...

    The IEA warned of "unprecedented risks" of shortages unless demand is reined in, estimating cuts of nine percent are needed

    IEA said diversification had at least enabled gas stockage facilities to stand at almost 90 percent of capacity at the end of September

  • At the end of her two-day visit to Saudi Arabia, she hailed the kingdom's strong “economic performance and impressive progress...

    Georgieva also hailed the kingdom’s role in supporting countries in the region and “vulnerable countries more broadly that have been impacted by multiple shocks.

    The IMF chief said she held "inspiring discussions with impressive Saudi women who have played a leading role in reducing inequalities and supporting Saudi's economic growth".

  • Turkey's foreign minister signed a deal in Libya's capital Monday allowing for oil and gas exploration in 'Libyan waters'.

    The deal follows an agreement Turkey signed with authorities in Tripoli in 2019, which demarcated the countries' shared maritime borders.

    The deal came at the height of a year-long battle between rival governments vying for control of the capital.

  • UAE's Ministry of Finance (MoF) participated in the third Framework Working Group (FWG) meeting within the G20 Finance Track for...

    The meeting was held in Indonesia and sought to discuss key global economic issues.

    G20 members, invited non-G20 member countries, representatives of the World Bank, IMF, and OECD also attended the meeting.

  • "Efforts are underway with the European coordinator and other mediators, including the foreign ministries of neighboring countries, to exchange messages...

    His remarks come amid on-off talks that have been underway since April 2021 to revive the deal that gave Iran sanctions relief in return for curbs on its nuclear program.

    The landmark Vienna deal has been in tatters since then US president Donald Trump withdrew from it in 2018 and Iran later backed away from its own commitments.

  • Turkish inflation jumped to a new 24-year high exceeding 83 percent in September, official data showed Monday after the central...

    President Recep Tayyip Erdogan, who has focused on growth ahead of a general election in June, has repeatedly railed against higher rates, calling them his "biggest enemy"

    The TUIK state statistics agency said Monday that consumer prices rose by 83.45 percent in September on an annual basis, up from 80.2 percent in August

  • The Gulf Cooperation Council (GCC) has renewed its commitment to continue having a strong partnership with China in order to...

    The sentiment was echoed in a meeting between Secretary General of the GCC, Dr. Nayef Falah Mubarak Al-Hajraf, and China's Ambassador to Saudi Arabia, Chen Weiqing

    The two sides discussed all issues and topics of common interest, and reviewed the cooperation relations between the GCC and China to achieve common interests

  • For most of Gaza's 2.3 million residents, living under a 15-year-old Israeli blockade, power cuts are a daily fact of...

    Gaza bakery owner Bishara Shehadeh began the switch to solar this summer, by placing hundreds of gleaming panels on his rooftop

    Green energy advocates say that solar energy is a vision for a global future as the world faces the perils of climate change and rising energy costs

  • The jump comes after both main contracts suffered hefty losses in recent months on demand fears caused by an expected...

    WTI climbed 3.3 percent to $82.12 and Brent also piled on 3.3 percent to $87.94 ahead of a meeting of the group this week in Vienna

    The reduction in production -- which delegates to OPEC said had not been finalized -- would be the biggest since the pandemic began when crude prices collapsed