INSEAD-Day

chief

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.
  • Speaking at the CERAWeek conference in Houston, Saudi Aramco Chief Executive Amin Nasser said that the current transition strategy is visibly failing on most fronts. adding that this is "hardly the future picture some have been painting." Fossil fuels accounted for 82% of global consumption last year.
  • Aid to Gaza ‘requires Israel removing’ obstacles, says UN chief

    Antonio Guterres repeated his call for an "immediate humanitarian ceasefire" to alleviate "the plight of Palestinian children, women and men struggling to survive the nightmare in Gaza during a press conference in Cairo. On Saturday, the UN chief had visited the Rafah border crossing with Gaza.
  • Israel spy chief to return to Qatar for Gaza truce talks

    The Israeli prime minister's office said that Benjamin Netanyahu approved an Israeli delegation led by Mossad head David Barnea to go to Qatar" on Friday. Barnea was in Doha Monday but flew back home after talks were restarted following failed efforts to secure a truce before the holy month of...
  • Gaza aid port plans ‘sign of international weakness’: Amnesty

    Agnes Callamard, secretary general of Amnesty, said nobody was holding Israel to account over the delays to deliveries by land to the Gaza Strip. She said the international community must be prepared to hold Israel to account. "We're not holding the stick that will allow for those violations to stop,"...
  • Hamas still open to Gaza truce talks, says Ismail Haniyeh

    Hamas chief said in a televised speech that Israel was unwilling to meet Hamas's conditions for a deal that would have seen hostages held by fighters exchanged for Palestinian prisoners in Israel. Mediators had been pushing for a new truce in the war, now in its sixth month.
  • West Bank situation an obstacle between Israel-Palestine peace, says EU

    EU foreign policy chief Josep Borrell said the situation in the Israel-occupied West Bank posed a major obstacle to finding a long-term solution for peace between Israel and the Palestinians. "The West Bank is the real obstacle for the two-state solution," Borrell said at the Munich Security Conference.
  • UN chief terms Israeli rejection of two-state solution ‘unacceptable’

    In a speech to the Security Council, UN Secretary General Antonio Guterres demanded that "Israel's occupation must end." Guterres warned that "this refusal and the denial" of the right to statehood to the Palestinian people would indefinitely prolong a conflict that has become a major threat to global peace and...
  • 136 UN employees killed in Gaza War, says UN chief   

    NEW YORK, US - UN Secretary-General Antonio Guterres said on Sunday that 136 United Nations employees in Gaza Strip had died in 75 days, something the global organization had "never seen" in its history. "Most of our staff have been forced from their homes," the UN chief added in a...
  • Sudan asks UN to ‘immediately’ end political mission

    The UN chief was informed about the decision by the country's ambassador to the UN, saying Sudan was terminating the United Nations Integrated Transition Assistance Mission in Sudan (UNITAMS) with immediate effect. According to the UN chief's spokesman, Stephane Dujarric, the mission's mandate was scheduled to end on December 3.
  • EU to debate Gaza truce call as top diplomat urges more aid

    Describing the entry of a few dozens trucks of humanitarian aid into Gaza from Egypt as "not enough", EU foreign policy chief Josep Borrell said that it was important to send in the basic things that make water and electricity supply being restored. He made the comments ahead of a...
  • UN chief stresses ‘even wars have rules’ as Israel bombs Gaza

    Describing the situation in Gaza as having reached a dangerous new low, UN Chief Antonio Guterres said that there was an immediate need for humanitarian access throughout Gaza to rush fuel, food and water to people in need. He warned that the blockaded enclave's health system was on the brink...
  • Kremlin denies rumors it had hand in Wagner chief’s death

    The Kremlin dismissed rumors it orchestrated the death of Wagner chief Yevgeny Prigozhin, presumed dead in a plane crash two months after leading a mutiny in Russia. It announced by decree that paramilitary fighters will have to swear an oath to the Russian flag, as part of measures to rein...
  • Iran appoints West-sanctioned official as supreme court chief

    TEHRAN, IRAN - Iran on Sunday appointed Mohammed Jafar Montazeri, who is under US and British sanctions, to head the Islamic republic's top court. Montazeri was named the supreme court chief after the "opinions of all the court judges" were taken into consideration, the judiciary's Mizan Online website said. The 75-year-old,...
  • UN backs Sudan envoy as army seeks his replacement

    NEW YORK, US -  United Nations chief Antonio Guterres said he was "shocked" by a letter from Sudanese army chief Abdel Fattah al-Burhan, reportedly requesting the replacement of special envoy Volker Perthes amid a brutal war with paramilitaries. Guterres "is proud of the work done by Volker Perthes and reaffirms his full confidence...
  • UN chief calls for protection of biodiversity on International Mother Earth Day

    NEW YORK, US -  UN Secretary-General António Guterres issued a statement calling for urgent action to protect the environment and combat climate change on the occasion of International Mother Earth Day. Guterres highlighted the crucial relationship between humanity and the natural world, stating that our health and survival depend on...
  • Turkey president Erdogan’s chief rival defends Kurds ahead of vote

    ISTANBUL, TURKEY -  President Recep Tayyip Erdogan's chief rival in next month's election defended Kurdish rights on Tuesday and accused the Turkish leader of inflating ethnic tensions for political gain. Kemal Kilicdaroglu's comments followed weeks of attempts by Erdogan to link the opposition with Kurdish militants who have been fighting against...
  • Lebanon judge to lift travel ban on central bank chief: judicial officials

    Under investigation both at home and abroad on suspicion of fraud, money laundering and illicit enrichment, Riad Salameh has been summoned for a hearing in Paris next month. He is part of a political class widely blamed for the country's economic crisis that the World Bank says is of a...
  • UN chief lands in Iraq for first time in six years to show solidarity

    In a show of solidarity with Iraq, UN head Antonio Guterres arrived in the country for the first time in six years, after a prolonged political crisis there. On arrival he said that he wanted to show solidarity with the people and the democratic institutions of Iraq, pledging support for...
  • Iran, EU diplomatic heads meet at Jordan summit

    SWEIMEH, JORDAN - Iran's Foreign Minister Hossein Amir-Abdollahian met Tuesday with EU foreign policy chief Josep Borrell on the sidelines of a summit in Jordan, an Iranian diplomatic source said. The meeting, which was confirmed by Iran's official news agency IRNA, comes at a time when negotiations in Vienna aimed at...
  • UN chief calls for restraint as Iraq descends into chaos

    Hours after Baghdad’s Green Zone plunged into chaos, UN chief Antonio Guterres has called for "restraint" in Iraq, asking all parties to "take immediate steps to de-escalate the situation." Violence flared up after Moqtada Sadr said he was quitting politics, fueling chaos in which 12 of his supporters were killed.
  • OPEC picks Haitham Al-Ghais of Kuwait as new chief

    Haitham Al-Ghais of Kuwait has taken over as the new secretary general of  the Organization of the Petroleum Exporting Countries on Monday.
  • Libya’s state oil company chief resists move to replace him

    Libya's Tripoli-based government has named a new head of the state oil company to replace veteran technocrat Mustafa Sanalla, who refused to give up his post. Unlike many other Libyan state bodies, the National Oil Corporation, led by Sanalla since 2014, has largely managed to remain neutral in the face...
  • Crown Prince of Saudi Arabia meets with Pakistan army chief

    Saudi Arabia and Pakistan reviewed bilateral relations in a meeting between Crown Prince Mohammed bin Salman and Pakistan army chief Qamar Javed Bajwa.
  • Algerian military officer sentenced to death for ‘high treason’

    An Algerian military officer and close ally of the former army chief has been sentenced to death over charges of "high treason", the French-language daily El Watan reported Sunday. While courts continue to hand out death sentences in Algeria, there has been a moratorium on capital punishment since 1993.
  • KSA not to be blamed for high US energy prices: Turki Al-Faisal

    A former Saudi intelligence head has insisted that the kingdom should not be held responsible for the rising energy costs in the US. Prince Turki Al-Faisal said that it was the White House's policy agenda that was behind the increase in prices.
  • Lebanon central bank chief charged with enrichment, money laundering

    A Lebanese judge Monday charged central bank chief Riad Salameh with "illicit enrichment" and money laundering after he failed to attend a court hearing for the fifth time, a judicial source told AFP. Judge Ghada Aoun also charged Salameh's brother Raja with "facilitating money laundering" after he was arrested last...
  • UN chief flays world powers for ‘criminal’ lack of climate leadership

    UN chief Antonio Guterres blasted world powers for a "criminal" abdication of leadership after the release Monday of an extensive new report on climate change impacts, accusing major polluters of fueling devastating warming that threatens people and planet.
  • UN chief calls on ‘all parties’ to preserve stability in Libya

    UN chief Antonio Guterres called Friday on "all parties to continue to preserve stability in Libya as a top priority," after the country found itself with two competing prime ministers, raising the specter of renewed violence. He reminded "all institutions of the primary goal of holding national elections as soon...
  • WHO chief says how World can end Covid emergency this year

    The countries need to work harder to ensure equitable access to vaccines and treatment, track the virus and its emerging variants, and keep restrictions in place, Tedros Adhanom Ghebreyesus told the UN health agency's executive board.
  • UN chief Antonio Guterres on ‘solidarity’ visit to crisis-hit Lebanon

    Guterres has previously called on Lebanese officials to unite to find solutions to the country's dire economic crisis, dubbed by the World Bank as among the planet's worst since the 1850s. Around 80 percent of Lebanon's population is estimated to be living under the poverty line.
  • UN official to visit Tehran to discuss nuclear program

    The head of the UN nuclear watchdog will visit Tehran Monday to discuss Iran's nuclear program, the spokesman for Iran's atomic agency said, as several key dates approach.
  • Iran ex-central bank chief gets 10-year jail term

    An Iranian court has sentenced the former governor of Iran’s central bank to 10 years in prison for violating the country’s currency system, a judiciary spokesperson said Saturday.
  • Blue hydrogen market will only take off after 2030: Aramco tech chief

    Aramco tech chief says blue hydrogen production can’t be scaled up before 2030 He believes it works very similar to the LNG industry Production of blue hydrogen cannot be scaled up before 2030, and that it works very similar to the LNG industry. This is the assessment of Aramco’s Chief...