INSEAD-Day

airspace

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.
  • Ties between Turkey and Israel have been shattered by Israel's war against Hamas in Gaza, with Ankara accusing Israel of committing "genocide" in the tiny Palestinian territory -- a term roundly rejected by Israel -- and suspending all trade ties in May last year.
  • Iran announces opening of its airspace after war: state media

    Iran announced Thursday that it has reopened its airspace, including over Tehran, after closing it on June 13 due to the war with Israel, according to state media
  • Israel deploys C-Dome defence system for the first time

    On Monday evening, the Israel Defense Forces (IDF) reported an alert in the area of Eilat, which was targeted in February by intercepted ballistic missile fire from Yemen's Houthi rebels, allies of Palestinian Hamas. "The target was successfully intercepted by the 'C-Dome' naval defence system," it said.
  • Airspace open for aid flights to quake-hit Morocco, says Algeria

    ALGIERS, ALGERIA - Algeria will allow aircraft carrying humanitarian aid to quake-hit Morocco to pass through its airspace, the president's office announced on Saturday, suspending a two-year ban on flights to its regional rival. A 6.8-magnitude earthquake struck a mountainous area southwest of the Moroccan tourist hotspot of Marrakesh late Friday,...
  • Saudi Arabia opens airspace to ‘all carriers’, including Israeli airlines

    Saudi Arabia announced Friday it was lifting restrictions on "all carriers" using its airspace, an apparent gesture of openness towards Israel ahead of US President Joe Biden's arrival. The US leader welcomed the "historic" decision, the latest conciliatory move by Riyadh concerning the Jewish state.
  • Bahrain to keep managing air traffic over Gulf waters

    Bahrain will keep managing air traffic in the airspace over international waters in the Arabian Gulf, extending from the borders of the UAE flight information region (FIR) to the borders of Kuwait FIR.
  • Morocco reopens airspace after two-month virus shutdown

    Morocco reopened its airspace on Monday in a bid to breathe life into its crisis-hit tourism sector, two months after it cancelled commercial flights over coronavirus fears. The North African kingdom's latest move was welcomed by tourism businesses who have suffered two lost years due to the pandemic, as well...
  • UAE to receive help from France to secure its airspace

    France said Friday it will help its ally the United Arab Emirates secure its airspace following drone and missile attacks by Yemeni rebels.
  • Algeria bans French military planes from airspace: French army

    France's jets regularly fly over Algerian territory to reach the Sahel region of western Africa, where its soldiers are helping to battle insurgents as part of its Barkhane operation. Algeria was angered last week after France cut visas to citizens of Algeria, Morocco and Tunisia.
  • Algeria closes airspace to all Moroccan planes

      Algeria said Wednesday it has closed its airspace to all Moroccan planes due to "provocations and hostile practices" by its neighbour, in the latest dispute between the countries at odds mainly over Western Sahara. The move comes after Algeria broke off diplomatic ties with Morocco on August 24, accusing...
  • Qatar takes key step to control own airspace

    Qatar said on Tuesday that it has been given a preliminary green light by a UN body on a proposal to control its own airspace.