INSEAD Day 4 - 728x90

France

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.
  • France says ‘nothing ruled out’ to thwart Russia in Ukraine

    French Prime Minister Gabriel Attal told the RTL broadcaster that there was "no consensus" on any "official" deployment of ground troops. "But no dynamic can be ruled out. We will do whatever it takes to ensure that Russia cannot win this war," he said, using the same words as Macron...
  • Renault Scenic model wins Car of the Year at Geneva auto show

    Renault unveiled a new electric vehicle and its Scenic model won the Car of the Year award at the first Geneva auto show since 2019, giving a boost to the French automaker's electrification plans. The Renault Scenic, an electric SUV, won the coveted Car of the Year prize, the French...
  • Qatar ruler to arrive in Paris for discussions on Gaza

    The gas-rich country has emerged as the key player in mediation between Israel and Hamas to agree a truce in Gaza and release more hostages abducted by the Hamas fighters in its attack on Israel on October 7. It hosts the political bureau of Hamas but also enjoys warm relations...
  • Expelled from France, imam vows to challenge decision in court

    Soliman, Tunisia - A Tunisian imam expelled from France for alleged hate speech said on Friday he would take legal action in a bid to overturn the decision. Mahjoub Mahjoubi, from the town of Bagnols-sur-Ceze in the south of France, denounced his removal as "arbitrary". The 52-year-old was arrested and then...
  • EDF’s net profit is $10.8bn

    EDF cut its large debt by increasing nuclear production.
  • Recognizing Palestine state not a taboo for France, says Macron

    "The recognition of a Palestinian state is not a taboo for France," he said at a joint press conference in Paris with Jordan's King Abdullah II. Macron also repeated a warning against Israel attacking the city of Rafah, the southernmost point in the besieged and bombarded Palestinian territory of Gaza.
  • Old joke: Apes also like to tease, meaning trait could be ancient

    Paris, France - A boisterous young chimpanzee slaps an adult in his family on the back, then scampers away and looks back to see the response to his cheekiness. Nothing yet, so the young chimp Azibo rolls back and dishes out another slap, this time provoking a reaction: the distracted adult...
  • EU adopts fallow land exemption after farmer protests

    Brussels, Belgium - The European Commission on Tuesday officially extended an exemption from contested rules to leave a share of agricultural lands fallow, which had become a flashpoint for protesting farmers across the bloc. First lifted in 2023 in response to market disruptions caused by Russia's invasion of Ukraine, the rules...
  • Hermes profit soars 28 percent

    The luxury giant posted a profit of US$4.6bn in 2023.
  • L’Oreal net profit jumps 8.4%

    The company's profit surged to US$6.8bn last year.
  • Palestinian official says Hamas still seeks truce despite Israeli denial

    "We expect the negotiations to be very complex and difficult but Hamas is open to discussions and the movement is keen to reach a ceasefire," added the official, who is familiar with the negotiations. "The two parties will hold several rounds of negotiations indirectly," he said on condition of anonymity
  • World sees first 12 months above 1.5C warming level, says climate monitor

    PARIS, FRANCE -  Earth has endured 12 consecutive months of temperatures 1.5C hotter than the pre-industrial era for the first time on record, Europe's climate monitor said Thursday, in what scientists called a "warning to humanity". Storms, drought and fire have lashed the planet as climate change -- supercharged by the...
  • Qatar eyes second successive Asian Cup in final against Jordan

    Doha, Qatar - An Asian Cup full of late goals and surprises reaches a climax on Saturday when hosts and holders Qatar face a Jordan side looking to make yet more history. The 88,000-capacity Lusail Stadium, where Lionel Messi's Argentina beat France in the World Cup final 14 months ago, will...
  • EU seeks 90 percent drop in greenhouse emission by 2040

    Strasbourg, France - The EU on Tuesday urged a 90-percent cut to its greenhouse gas emissions by 2040, even as the bloc's transition to a greener future was clouded by a widespread farmers' revolt. "Based on the best available science, and a detailed impact assessment, we are recommending that the 2040 target...
  • Israeli settler violence ‘must stop’: French FM

    French minister denounced anti-Palestinian rhetoric and "even calls to commit war crimes" by Israeli officials, after some Netanyahu allies have appeared to endorse Jewish re-settlement of the Gaza Strip after the war. Sejourne called for supporting the West Bank-based Palestinian Authority of president Mahmud Abbas.
  • OECD predicts rise in global economy amid Middle East ‘risk’

    The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk, with disruptions in Red Sea shipping threatening to increase consumer prices. Global growth "proved unexpectedly resilient" in 2023, reaching 3.1 percent as inflation declined faster than anticipated..
  • Paris Olympics’ organizers worry heatwave can spell trouble for games

    A new study presenting "climate simulations to anticipate worst-case heatwaves during the Paris 2024 Olympics" has focused minds after it warned that the French capital faced a not insignificant risk of record-breaking high temperatures. The research, published in December in the Npj Climate and Atmospheric Science journal, looked at the risk...
  • Hamas weighs Gaza truce as Israeli onslaught nears fifth month

    French Foreign Minister Stephane Sejourne was in Egypt and US Secretary of State Antony Blinken expected in the region in the coming days to push for a ceasefire and hostage release. The health ministry in the territory, most of which has been left uninhabitable by Israeli bombardments, said at least...
  • UAE is the most popular destination for global workers, says report

    Dubai, UAE – The United Arab Emirates is the most popular country for international talent seeking employment visas, a report reveals.   The global HR platform,Deel, has released findings from its Annual Global Hiring Report and revealed UAE attracts a large number of international talent. This marks a significant milestone...
  • EU gives accent to landmark rules on artificial intelligence

    Brussels, Belgium - The European Union's 27 member states on Friday approved landmark rules on reining in artificial intelligence, passing a key last hurdle after tough negotiations to the very end. Brussels first proposed an AI law in 2021 but spent most of last year racing to greenlight the draft text after...
  • Pegasus used in Jordan to spy on key figures, says report

    Paris, France - Hackers have used the notorious Pegasus spyware to break into the phones of dozens of journalists and activists in Jordan over the past four years, according to the findings of an investigation released Thursday. The Access Now NGO highlighted 35 cases of hacking that date back to 2019,...
  • Over 70 percent of musicians fear AI, says French-German study

    PARIS, FRANCE - More than two-thirds of musicians fear that artificial intelligence will make it impossible to make a living, according to a study by French and German music societies published on Tuesday. Based on a survey of over 15,000 people in the industry, France's Society of Authors, Composers and Music...
  • Iran puts three satellites simultaneously into orbit

    Western governments including the United States have repeatedly warned Iran against such launches, saying the same technology can be used for ballistic missiles, including ones designed to deliver a nuclear warhead. Iran has countered that it is not seeking nuclear weapons and that its satellite and rocket launches are for...
  • French court censures parts of controversial immigration law

    PARIS, FRANCE - France's top constitutional authority on Thursday rejected parts of a controversial immigration bill adopted under pressure from the right, in a ruling applauded by government but slammed by the far right. The bill adopted last month is a flagship reform of President Emmanuel Macron's second term, but the...
  • Imane Ayissi brings African tradition to Paris couture

    PARIS, FRANCE - Imane Ayissi is on a mission to put authentic African textiles in the spotlight but faces an uphill battle as a pioneer African couturier at Paris Fashion Week. The bark of the Obom tree, kente cloth from Ghana and kapok fibres from Burkina Faso are some of the...
  • Wounded Gazans get medical care on French hospital ship

    Israel responded with a military offensive that has killed at least 25,105 people in Gaza, mostly women and children, according to the health ministry in Hamas-run Gaza. The healthcare system has almost entirely collapsed, with hospitals overwhelmed and doctors having to treat a growing number of casualties with dwindling resources.
  • Quiet and not-so-quiet luxury at Paris Fashion Week

    PARIS, FRANCE - The Paris Fashion Week menswear shows draw to a close on Sunday. Here are some of the highlights among the 40-plus runway shows of the past few days.   Quiet luxury The watchword of high-end fashion last year was quiet luxury, thanks in large part to the success of...
  • France flooded with applications for electric car leasing scheme

    Paris, France - The French government has been flooded with applications from low-income households to lease a subsidized electric car from 100 euros ($109) a month, Environment Minister Christophe Bechu said on Friday. President Emmanuel Macron unveiled the plan on social media in December as part of efforts to reduce carbon...
  • IEA says oil production to rise but demand to be halved in 2024

    Paris, France - World oil supply will continue to rise this year, the International Energy Agency said on Thursday, as it predicted that demand growth would continue a downward slide throughout 2024. The Paris-based IEA, which advises oil-consuming nations, said it expects increase in global oil demand to halve from 2.3...
  • Europe new car sales rebound in 2023: industry group

    Automakers are facing a 2035 deadline set by the European Union to phase out sales of new combustion engine vehicles. Sales of hybrid cars also soared last year, up by nearly 30 percent.
  • Counterfeit products cost Europe $13 billion, 200,000 jobs a year

    Paris, France - Counterfeit products -- mainly clothes -- cost the European economy 16 billion euros a year and result in nearly 200,000 lost jobs, the EU's Intellectual Property Office said Tuesday. The findings, based on data from 2018 to 2021, show that fakes take the biggest toll on the clothing...
  • France president calls for talks to release Gaza hostages

    In a video posted online and broadcast at a meeting in Tel Aviv in support of the hostages, Emmanuel Macron said that France does not abandon its children and "that is why we have to resume negotiations again and again for their release." He said that France is determined that...
  • Top global leaders to attend WEF meet amid Gaza, Ukraine war

    Paris, France - US Secretary of State Antony Blinken, Israeli President Isaac Herzog and Middle East leaders will attend a World Economic Forum in Davos next week dominated by the war in Gaza, the WEF said Tuesday. Argentina's libertarian new president, Javier Milei, French President Emmanuel Macron and Chinese Premier Li...
  • 2023 hottest recorded year as Earth nears critical threshold

    PARIS, FRANCE - The year of 2023 was the hottest on record, with the increase in Earth's surface temperature nearly crossing the critical threshold of 1.5 degrees Celsius, EU climate monitors said on Tuesday. Climate change intensified heatwaves, droughts and wildfires across the planet, and pushed the global thermometer 1.48 C...
  • EVA Air orders 33 Airbus planes

    The deal could be worth as much as $8.5 billion.
  • France drops renewables targets in new energy bill

    The proposed text affirms "the sustainable choice of using nuclear energy as a competitive and carbon-free" source of electricity. But the proposed text sets no such targets for building renewable capacity, in particular wind and solar, whereas previous energy laws did.
  • Energy companies to test CO2 capture in Brazil undersea oil field

    PARIS, FRANCE  - A consortium of Brazilian, British, French and Chinese energy firms will test new technology aimed at capturing CO2 in an undersea oilfield off Brazil in an effort to reduce emissions, TotalEnergies said on Monday. The pilot unit will separate oil from CO2-rich natural gas at the bottom of...
  • France and Jordan airdrop seven tonnes of aid to Gaza

    The French leader posted a photograph of an airman standing on the cargo ramp of a military plane, with parachutes visible in the sky below. The supplies dropped by France and Jordan were equipped with systems that remotely guided them to a Jordanian field hospital operating in the territory, the...
  • Google Chrome begins restricting cookies in first step towards elimination

    Paris, France - Google has begun limiting third-party cookies for some users of its Chrome web browser, a first step towards eventually abandoning the files that have raised privacy concerns. Google, which announced in 2020 that it planned to get rid of cookies, said fully eliminating third-party cookies could only happen...
  • FAO says global food prices fell 13.7 percent in 2023

    World food prices fell in 2023, with considerable declines for grains and oils as supply concerns eased, the UN's Food and Agriculture Organization said. The FAO's cereals price index fell 15.4 percent last year, "reflecting well supplied global markets" compared to 2022, when prices soared after Russia's invasion of Ukraine,...
  • Saudi Arabia, Qatar denounce Gaza’s residents emigration plan

    Saudi Arabia and Qatar condemned comments by two Israeli ministers calling for Palestinians to emigrate from the Gaza Strip. Israel's National Security Minister Itamar Ben-Gvir on Monday called for promoting "a solution to encourage the emigration of Gaza's residents" and the re-establishment of Israeli settlements in the Gaza Strip.
  • Algerian footballer handed suspended sentence over Gaza post

    The comments at issue came in a video of a preacher, Mahmoud Al Hasanat, which Atal posted to his 3.2-million-follower Instagram account five days after Hamas' bloody October 7 assault on Israel.
  • France condemns Israeli minister’s Gaza emigration remarks

    Ben-Gvir on Monday called for promoting "a solution to encourage the emigration of Gaza's residents" and the re-establishment of Israeli settlements in the Gaza Strip. His comments came the day after Smotrich also called for the return of settlers to Gaza, adding that Israel should "encourage" the territory's approximately 2.4 million Palestinians to...
  • Cerberus buys HSBC France retail

    The takeover was finalized for an undisclosed amount.
  • Greece to join US-led naval coalition against Houthi rebels

    The task force announced by US Defense Secretary Lloyd Austin on Monday initially included Britain, Bahrain, Canada, France, Italy, the Netherlands, Norway, Seychelles and Spain. The Iran-backed Houthis say their missile and drone strikes on passing container ships are in support of Palestinians in the Gaza war raging between Israel...
  • Macron says fighting terror does not mean ‘to flatten Gaza’

    President Emmanuel Macron told the France 5 broadcaster, "We cannot let the idea take root that an efficient fight against terrorism implies to flatten Gaza or attack civilian populations indiscriminately." While acknowledging "Israel's right to defend itself and fight terror", Macron said France called for the protection of civilians and...
  • French government battles to save flagship immigration bill

    Paris, France - The French government of President Emmanuel Macron on Tuesday was battling to salvage a flagship immigration reform following deadlock in parliament that risks casting a shadow over his second mandate. After the government bill was rejected by parliament last week, a commission of French lower house MPs and...
  • 79% UAE employees think digital skills crucial for success

    Dubai, UAE – About 79 percent of UAE employees believe digital skills are crucial for business success, and 84 percent feel that new technologies are empowering them to reach their potential, according to a latest ServiceNow survey .  The survey, which included over 5,500 working adults from the UAE, France,...
  • Algerian footballer to face trial in France over Gaza post

    Nice, France - Algerian international footballer Youcef Atal goes on trial in France on Monday accused of inciting hatred after posting a video in which a Palestinian preacher purportedly threatens Israel with a "black day". Atal, who plays for Ligue 1 side Nice, shared the video on his Instagram account, which...
  • Israel faces mounting outrage over Gaza war

    The Israeli government has come under growing pressure from the international community to pause the fighting and do more to protect civilians. The United Nations estimates that 1.9 million Gazans -- around 80 percent -- have been displaced by the war.