INSEAD Day 4 - 728x90

Britain

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.
  • Six EU countries urge Israel to stop settlement expansion in West Bank

    LONDON, UK-  Six European countries on Saturday called on Israel to stop expanding its settlements in  Palestine's West Bank. Britain, France, Germany, Italy, Spain and Poland have also jointly condemned the recent attack on Israeli citizens by Palestinian groups. In a joint statement, they said, "We urge the Israeli government...
  • EU and Britain agree on Northern Ireland trade deal

    Prime Minister Rishi Sunak and European Commission president Ursula von der Leyen adopted the deal at a meeting in Windsor, west of London. The deal follows more than a year of tense talks over the "Northern Ireland Protocol", which has unsettled the province 25 years on from a historic peace...
  • British Steel to slash 260 jobs

    The company employs about 4,000 workers in the UK.
  • Iran hits back at EU and Britain, imposes retaliatory sanctions

    Taking retaliatory action for imposition of sanctions against the Islamic Republic, Iran has slapped 36 individuals and entities from the European Union and Britain with sanctions. According to the Iranian foreign ministry, Tehran has placed the names on its "sanctions list for supporting terrorism and terrorist groups" as well as...
  • ‘Suspected IS attack in Syria death toll rises to 68’

    The death toll from an attack blamed on the Islamic State group in Syria has risen to 68, a war monitor said, the deadliest attack in over a year. "A total of 61 civilians and seven soldiers have been killed in the attack," said Rami Abdel Rahman, who heads the...
  • Bahrain loses state immunity bid in spyware lawsuit in UK filed by dissidents

    According to Saeed Shehabi and Moosa Mohammed, Bahrain infected their computers with FinSpy spying software, allowing agents access their data.
  • UK’s biggest retailer Tesco to cut 2100 jobs as inflation hikes costs

    Tesco plans to cut about 1,750 management roles.
  • Iran vows response to new EU, UK sanctions over protests

    The EU and Britain on Monday slapped another round of sanctions on Iran which has been rocked by protests since the September 16 death of Amini, a 22-year-old Iranian Kurd who had been arrested for allegedly breaching the country's strict dress code for women. "The move by the European Union...
  • Iran executes two more men in connection with protests

    PARIS, FRANCE -  Iran on Saturday executed two men for killing a paramilitary force member during unprecedented protests sparked by the death in custody of a young woman. The latest hangings double the number of executions to four over the nationwide protests, which escalated since mid-September into calls for an end...
  • More than 45,000 migrants made Channel crossing to UK last year

    Migrant issue has become a huge political problem for the Conservative government, which has promised to bring down illegal immigration and break the smuggling gangs that carry out the crossings.
  • Surging UK energy bills spark tensions among tenants

    In Britain, the average domestic energy bill has roughly doubled over the last 12 months. That has helped push inflation to the highest level in four decades, in turn creating a cost-of-living crisis as wages fail to keep pace, despite the government's partial subsidy for fuel.
  • Iran says Jordan summit is a good opportunity for nuclear talks

    TEHRAN, IRAN - Iran's foreign minister said Monday that a summit to take place this week in Jordan will be a "good opportunity" for negotiations aimed at restoring the 2015 nuclear accord. On-off talks to revive the deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), started in April...
  • Saudi Arabia, Britain sign Defence Cooperation Plan

    The plan reaffirms the UK’s enduring commitment to working with Saudi Arabia on promoting regional security and stability.
  • UK economy posts growth as GDP rises 0.5% in October

    Gross domestic product fell 0.6 percent in September after businesses closed for the royal funeral, and Britain's economy shrank by 0.2 percent in the third quarter, according to the Office for National Statistics (ONS).
  • Glencore to pay US$180m

    Payment for settling graft claims against firm in DR Congo.
  • Britain eyes digital trade accord with Ukraine, boost in bilateral relations

    Britain's Trade Secretary Kemi Badenoch and Ukrainian Economy Minister Yulia Svyrydenko will meet in London to unveil the deal, the government said in a statement. "Trading digitally is particularly important in the current conflict, where damage to Ukrainian infrastructure and warfare makes it much harder to trade physically," the statement...
  • EU uncovers US$2.3-billion cross-border tax fraud

    The EU announced the discovery of a sophisticated US$2.3-billion VAT tax fraud that triggered raids in 14 countries, including France, Germany, Greece and Spain. Over 600 people participated in the scheme, "believed to be the biggest VAT carousel fraud ever investigated in the EU," according to the European Public Prosecutor's...
  • UK ousts China from new nuclear project Sizewell

    LONDON, UK - Britain on Tuesday ousted China's nuclear firm CGN from construction of its new Sizewell C nuclear power station, which will now be built with remaining French partner EDF. The announcement came one day after Prime Minister Rishi Sunak warned that the "golden era" of UK-China relations was...
  • Allwyn buys Britain’s Camelot

    Acquisition will likely close in Q1 2023, Czech firm said.
  • Racism or Arab Bias? Western media’s heartburn over FIFA World Cup Qatar 2022

    Even as serious rights violations -- including corruption, human trafficking, racism and discrimination -- persist across Europe and US, Western world opts to focus on Qatar.
  • Global tourism now at around 70% of pre-pandemic levels: UNWTO

    “Our job is to create jobs,” UNWTO Secretary-General Zurab Pololikashvili told tourism sector leaders at the World Travel Market.
  • Nine countries join alliance to boost offshore windpower

    Offshore wind can be deployed at large scale, in short timeframes and at competitive cost, GOWA said in a statement. Other nations joining Tuesday were Belgium, Colombia, Ireland, Norway and the Netherlands.
  • Facing criticism, Rishi Sunak reverses his decision to skip COP27 in Egypt

    A U-turn was hinted at on Tuesday when his spokesman said the decision was "under review" and after reports that Boris Johnson would attend.
  • Russia suspends participation in Ukraine grain deal

    Russia suspended its participation in a pact that allowed grain exports from Ukraine, blaming alleged drone attacks on Russian ships in Crimea. Russia made the announcement after its army accused Kyiv earlier Saturday of a "massive" drone attack on its Black Sea fleet, while Britain rejected Moscow's claims its specialists...
  • UK’s Johnson, Sunak meet amid race for Tory leadership

    Weeks after leaving office, former prime minister Boris Johnson, who returned from a Caribbean holiday, aimed to launch an audacious political comeback. Johnson met with Rishi Sunak to discuss the race, as the feuding pair who once headed Britain's government were poised to battle for the leadership of their fractured...
  • Shortest-serving PM in history leaves scars on the economy

    The crisis-hit PM, elected Conservative leader just six weeks ago on a tax-slashing platform, announced her resignation Thursday. Her budget, peppered with tax cuts and delivered last month, sought to boost growth in Britain's recession-threatened economy and freeze energy prices to ease a cost of living crisis. However, the costly...
  • Will immediately respond to new EU sanctions, says Iran

    Iran vowed an "immediate" response to the European Union as it prepares new sanctions on the Islamic republic after over a month of protests sparked by Mahsa Amini's death. EU foreign ministers met to adopt sanctions on Iran after Amini was detained for allegedly breaching Iran's strict dress code for...
  • Sterling rises with UK finance minister set to unveil spending plans

    Jeremy Hunt was put in place on Friday after Prime Minister Liz Truss sacked Kwasi Kwarteng as she battles to save her political career just weeks after taking the keys to Downing Street. Hunt is tipped to tear up the previous plans and warned at the weekend of tax hikes...
  • Israel PM: World must use force if Iran builds nuclear bomb

    For the past 10 days, various officials have suggested the deal - which US then-president Donald Trump scrapped in 2018 - might not be renewed until at least mid-November, a deadline that Lapid has tried to use to push the West to impose a tougher approach in their negotiations.
  • UK government revokes gas fracking ban in England

    Britain lifted England's moratorium on controversial gas fracking to boost energy security, despite breaking the ruling Conservative party's manifesto pledge.
  • Britain and the world bid adieu to Queen Elizabeth II

    Britain said farewell to Queen Elizabeth II at a historic state funeral attended by world leaders, before a ceremonial journey to her final place of rest. Huge crowds gathered in London to watch as the queen's flag-draped coffin, topped with the Imperial State Crown, was carried slowly to a gun...
  • Egypt looks to regain its glorious past

    As Cairo gears up to open "the largest archaeological museum in the world," Egypt's former antiquities minister Zahi Hawass said he will soon demand the return of its greatest lost treasures.
  • Germany regrets Iran failure to agree to nuclear deal

    German Chancellor Olaf Scholz said Iran has failed to agree to proposals from European countries on reviving a deal on restricting its nuclear program, warning this would derail any accord in the near future. Meanwhile Israeli Prime Minister Yair Lapid visited Germany to persuade Western powers to ditch the pact...
  • Iran terms statement on nuclear talks “unconstructive”

    Castigating the three European powers for an “unconstructive” statement about negotiations aimed at reviving a 2015 nuclear deal, Iran has asked Germany, France and Britain to provide a solution to end what it called as disagreements “instead of entering the phase of destroying the diplomatic process.”
  • Queen Elizabeth II, longest-serving British monarch, passes away at 96

    The eldest of her four children, Charles, Prince of Wales, who at 73 is the oldest heir apparent in British history, becomes king immediately. Two days earlier the queen appointed Liz Truss as the 15th prime minister of her reign and was seen smiling in photographs but looking frail and...
  • Truss to meet cabinet, face MPs on first full day in power

    The 47-year-old won an internal ballot of Tory members on Monday, securing 57 percent of the vote, after a grueling contest against former finance minister Rishi Sunak that began in July.
  • Workers at Britain’s biggest container port begin eight-day strike

    The Unite union representing the striking Felixstowe staff said the stoppage will have a big impact at the port, which handles around four million containers a year from 2,000 ships.
  • Net zero, Russia war driving nascent hydrogen economy

    Green hydrogen is in sharp focus as governments seek to slash carbon emissions amid record-high temperatures and to safeguard energy supplies hit by the invasion of Ukraine by oil and gas producer Russia. But the "hydrogen economy" has not fully kicked into gear awaiting significant uptake from high-polluting sectors like...
  • Amazon to create 4,000 UK jobs

    This will make it one of the nation's 10 biggest private sector employers.
  • Britain’s new finance minister Nadhim Zahawi inherits a cost-of-living crisis

    Britain's new finance minister, Iraqi-born Nadhim Zahawi, has inherited a cost-of-living crisis that risks pushing the UK economy into recession. The former education minister was parachuted into the Treasury late Tuesday after predecessor Rishi Sunak's shock resignation over the culture of scandal plaguing Prime Minister Boris Johnson. Johnson also lost...
  • Britain offers £50.2m grant to Jordan to expand social net

    The grant is part of an £95 million aid package including £65 million for the social protection sector.
  • Biden visit a shot in the arm for Saudi crown prince

    As Saudi Arabia's Crown Prince Mohammed bin Salman prepares to mark five years as de facto leader, he is finally arriving on the world stage, getting a boost of sorts with the arrival of US President Joe Biden next month. Biden's trip - after Russia's invasion of Ukraine sent oil...
  • BoE set for fifth rate hike in row as inflation soars

    The Bank of England is expected on Thursday to raise its key interest rate for a fifth straight time to cool runaway inflation that is causing a cost-of-living crisis in Britain. Economists widely forecast that the BoE will use a regular meeting to hike borrowing costs by a quarter-point to...
  • Western powers call on Iran to cooperate with IAEA

    The US, Britain, France and Germany on Wednesday urged Iran "to fulfill its legal obligations, and cooperate with the IAEA", after the International Atomic Energy Agency adopted a resolution formally criticizing Tehran.
  • Inequality widens in Britain as financial sector salaries increase

    Salaries in Britain's financial sector have surged in recent months, widening inequality amid the nation's cost-of-living crisis, a study showed Wednesday. Average monthly pay in the industry jumped 31 percent in February from December 2019, propelled by high-earners, the Institute for Fiscal studies (IFS) said in a report. The performance,...
  • Iran urges new meet in Vienna talks ‘as soon as possible’

    Iran called on Monday for a new meeting "as soon as possible" in the talks that have been held in Vienna aimed at restoring its frayed 2015 nuclear deal with major powers. Tehran has been engaged in negotiations with Britain, China, France, Germany and Russia directly and the United States...
  • Meta renews bid for Giphy

    Britain's competition authority had stopped the FB-Giphy merger.
  • Where Paris hides some of its best art

    The Paris contemporary art scene has partly got its mojo back thanks to a slew of new museums, including the Louis Vuitton Foundation and Bourse de Commerce.
  • Ukraine invasion places sharp new focus on calls for UN reform

    Experts say the chances of reforms will remain slim so long as the permanent members refuse to accept any dilution of their power.
  • US, Iran spar over stalled nuclear talks and demands

    Iranian foreign ministry spokesman Saeed Khatibzadeh said that the country's negotiators would not return to Vienna, the site of the year-long talks to restore the nuclear deal — formally called the Joint Comprehensive Plan of Action (JCPOA) — until Washington settles outstanding issues.