World News

Joe Biden calls for ban on congressional stock trading Washington

President Joe Biden endorsed a ban on congressional stock trading in an interview that's being released this week, belatedly weighing in on an issue that has been debated on Capitol Hill for years.

Congo files complaints against Apple in Europe over conflict minerals

Some Congo mines are run by armed groups involved in massacres of civilians, mass rapes and other crimes. Apple has said none of smelters or refiners of 3T minerals had financed those groups

Trump likely to order changes to encourage domestic oil, gas development

Trump telegraphed similar ambitions on the campaign trail, vowing to "unleash domestic energy production like never before" by ending "delays in federal drilling permits and leases"

Russian lawmakers approve Bill that may remove terrorist tag for Taliban

The lower house of Russia's parliament on Tuesday approved a bill that would set the stage for Moscow to remove the designation of the Taliban in Afghanistan as a terrorist group.

Argentina exits recession in Q3 as Prez Milei eyes growth before mid-terms

Gross domestic product expanded 3.9 per cent from July to September compared to the previous three-month period, better than analysts' expectations for 3.4 per cent growth

Canada's inflation rate dips to 1.9% in November driven by price slowdown

After the substantial reduction in interest rates, triggered by the return of inflation to the bank's target this year, BoC Governor Tiff Macklem indicated last week that further cuts would be more

NASA astronaut shares SpaceX Dragon Undocking video from space station

SpaceX's Dragon cargo capsule undocked from the ISS on December 16, 2024, and headed to earth with 2700 kg of waste

Fed policymakers likely to project fewer rate cuts next year, and why

It may not be all that surprising that a growth upgrade for next year may be back in the cards again this week when Fed policymakers gather to deliver what is expected to be a third interest rate cut

Battle erupts over South Korean court that will determine fate of Yoon

Three of the court's nine justices are directly appointed by the president. Three others are nominated by the Supreme Court head and another three by the National Assembly, and their appointments

Oil dips on demand concerns, focus on US Fed interest rate decision

Brent crude futures eased 32 cents to $73.59 a barrel at 0949 GMT, while US West Texas Intermediate crude was down 44 cents at $70.27 a barrel

Nvidia CEO Jensen Huang sees $76 bn wealth surge, trails Musk, Zuckerberg

Nvidia CEO Jensen Huang gained $76 bn in 2024, driven by Nvidia's AI dominance. With a $115 bn net worth, he ranks third in wealth growth, trailing Musk and Zuckerberg

Why are 70,000 Chinese electric vehicles clogging the Brazilian port?

The backlog of vehicles at Brazilian ports stems from Chinese manufacturers rushing to deliver EVs ahead of the recently reinstated import tariffs as high as 35 per cent

China's largest corruption case: Li Jianping executed for $421 mn fraud

Li Jianping was convicted of embezzling over three billion yuan, or approximately $421 million, in illegal gains

What is Salt Typhoon, the China-linked cyberattack shaking US telecom?

US authorities said the operation aimed to give Chinese actors persistent access to American telecom networks by exploiting vulnerabilities in devices such as routers and switches

Answer to stopping tragedy is to reach ceasefire: US on Israel-Hamas

Miller refused to offer comments on a report by Israeli Maariv Newspaper which said that Egypt has reached on an agreement with the Hamas

Can, but have not blocked any VPNs: Pakistan's telecommunication authority

It was announced by the Pakistan Telecommunication Authority (PTA) chairman Hafizur Rehman on Monday while addressing the launch of the regulator's 'Annual Report'

VW, unions resume last-ditch round of talks for the year on cost cuts

Talks ended after around 13 hours of negotiation in the early hours on Tuesday without a deal but would resume mid-morning, a spokesperson for IG Metall union said

Beijing urges Trump administration to make 'right choice' on US-China ties

The remarks followed President-elect Trump telling his first news conference since his election victory six weeks ago that Chinese President Xi Jinping had been a friend

US army says it bombed Houthi military facility in Yemen's capital

Houthi media office said the strike hit part of the sprawling complex that houses the rebels' Defence Ministry, there were no immediate reports of casualties

Pakistan PM Shehbaz, Army chief Munir discuss security issues in country

It was decided that no leniency will be shown for those who killed security personnel and destroyed state property, the source said