INSEAD Day 4 - 728x90

President Vladimir Putin

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.
  • Wagner crisis shows Ukraine war is ‘cracking’ Russian power: EU

    EU foreign ministers were scrambling to digest the fall-out from the uprising at their regular meeting in Luxembourg. Sweden's Foreign Minister Tobias Billstrom said the unrest was an "internal affair" for Russia. He insisted that the "most important thing" was supporting Ukraine so it can win back its territory.
  • Turkey says Ukraine grain deal nearing agreement

    The Black Sea Grain Initiative, in place since July after diplomacy by the United Nations and Turkey, allows Ukraine grain exports via port, helping ease shortages and resulting price spikes triggered by Russia's invasion of the breadbasket nation. More than 30 million tonnes of grain and agricultural products have been...
  • G7, EU agree oil price cap to reduce Russia war funding

    The price cap is designed to make it harder to bypass the sanctions by selling beyond the EU. Poland's ambassador Andrzej Sados also said Brussels would take into account Polish and Baltic state suggestions for a "painful and expensive" ninth round of sanctions against Moscow. The White House described the...
  • Apple App Store pulls Russian social network VKontakte

    The British government on Monday sanctioned 92 Russian individuals and entities after President Vladimir Putin's regime held referendums in Moscow-controlled areas of Ukraine -- denounced by Kyiv and its allies as a "sham" -- and stepped up threats against the West. "Sham referendums held at the barrel of a gun...
  • What could happen if Putin used nuclear weapons in Ukraine?

    "Those who are trying to blackmail us with nuclear weapons should know that the wind can also turn in their direction," Putin said, adding: "This is not a bluff." However analysts aren't convinced the Russian president is willing to be the first to unleash nuclear weapons since the US bombed...
  • European Union readies for end of Russia gas, warns won’t pay in ruble

    The European Union warned member states Monday to prepare for a possible complete breakdown in gas supplies from Russia, insisting it would not cede to Moscow's demand that imports be paid for in rubles. The European Commission will on Tuesday propose to member states a new package of sanctions to...
  • After Moscow visit, UN chief to meet Zelensky in Ukraine

    UN Secretary General Antonio Guterres will meet with President Volodymyr Zelensky in Ukraine next week after a stop in Moscow to confer with President Vladimir Putin about the war, the UN said Friday. Guterres will see Zelensky and Ukraine's foreign minister on Thursday, two days after visiting Moscow, the United...
  • Russia’s ruble stages rebound despite Western sanctions

    After a historic collapse in the wake of Russia's military offensive in Ukraine, the ruble has staged a spectacular bounceback, supported by strict capital controls and energy exports. Four days after President Vladimir Putin sent troops into the pro-Western country, the central bank more than doubled its key interest rate...
  • Ukraine: Trudeau announces Canada ban on Russian oil imports

    “Today, we are announcing a ban on all imports of crude oil from Russia, an industry that has benefited President Putin and his oligarchs greatly,” Trudeau told a news conference.
  • Oil price break $100 on Russian ‘military operation’ in Ukraine

    According to the UN, a full-scale Russian invasion on Ukraine would have a devastating global impact that would likely spark a new "refugee crisis", with traders fretting over supplies of key commodities including wheat and metals.