World News

Weak aircraft demand causes US factory orders to fall in November

There were also decreases in orders for computers and electronic products, and fabricated metal products. But orders for machinery rose as did those for primary metals as well as electrical equipment

Disney, Fox, Warner Bros drop Venu Sports appeal after Fubo merger deal

Fubo in a statement on Monday said it has settled all litigation with Disney and ESPN related to Venu, and also settled all litigation with Fox and Warner Bros Discovery

Ban on TikTok thrusts Apple, Google into US-China geopolitical fray

With less than two weeks to go before the ban kicks in, many influencers are recommending that users change their smartphone settings or get "virtual private networks"

Oil prices edge up to 12-week high on US winter storm, weaker dollar

Brent futures rose 27 cents, or 0.4 per cent, to $76.78 a barrel by 11:33 a.m. EST (1633 GMT), while US West Texas Intermediate crude rose 27 cents, or 0.4 per cent, to $74.23

Jeju Air's problems mount after plane crash that killed 179 people

Jeju Air's stock price, already trading near record lows, has fallen 10% since the crash

Shooting attack on bus carrying Israelis in occupied West Bank kills 3

Palestinians have carried out scores of shooting, stabbing and car-ramming attacks against Israelis in recent years

Fed's vice chair Barr to resign early to avoid dispute with Trump over role

Barr said he was stepping down from his role as the central bank's vice chair of supervision over a year before his term expires, but planned to keep his seat on the Fed's Board of Governor

Study reveals direct link between loneliness, disease causing proteins

The researchers found 175 proteins related to social isolation and 26 proteins linked to loneliness -- although there was substantial overlap, with most of the proteins linked to loneliness

Wall Street hits one-week high as optimism grows over Trump tariffs

In a week packed with economic data and speeches from US Federal Reserve officials, investors will look for clues on the pace of monetary policy easing this year

AI chatbots boost US holiday season online sales by 4% in 2024: Report

Shoppers used AI-based chatbot services 42 per cent more than a year ago, according to Salesforce, which analyzed data from 1.6 trillion page views on its platform

German inflation rises more than expected in Dec on higher food prices

The annual consumer price inflation rate rose to 2.9 per cent, higher than the 2.6 per cent forecast by analysts

France's ex-Prez Sarkozy stands trial over alleged funding by Gadhafi

Sarkozy faces charges of passive corruption, illegal campaign financing, concealment of embezzlement of public funds and criminal association, punished by up to 10 years in prison

US Steel, Nippon move court against Biden blocking $14.9 billion deal

Second lawsuit is against Cleveland-Cliffs, its CEO Lourenco Goncalves, and USW union President David McCall "for their illegal and coordinated actions" aimed at preventing the deal

Why Elon Musk wants America to free UK citizens from 'tyrannical govt'

In a series of posts, Elon Musk criticised UK's Labour govt and PM Keir Stamer for not properly handling issues of child grooming, allowing the exploitation of vulnerable girls to go unchecked

China protests US sanctions for its alleged role in hacking incidents

Chinese Foreign Ministry spokesperson Guo Jiakun said the country has cracked down on cyber attacks and that Washington was using the issue to defame and smear China

Weather extremes of 2024 leading to intense floods, droughts: Report

Global warming, caused by fossil fuel burning, is increasing the strength and rainfall intensity of monsoons, cyclones and other storm systems

Euro zone economy ended 2024 in fragile state as activity contracted: PMI

Headline index was boosted by the bloc's dominant services sector, whose PMI bounced back above breakeven to 51.6 from November's 49.5, but was weighed down by a sharper decline in factory activity

Antony Blinken warns of Russia-North Korea cooperation in space technology

The remarks by Blinken came as North Korea fired a suspected hypersonic missile into the East Sea

Indonesia dishes out first free meals in programme targeting 83 mn people

Despite being centrepiece of an election campaign that catapulted Prabowo to power last year, scheme was rolled out with little fanfare, with no official launch and just 190 kitchens involved

Afghans arrive in Philippines to process visas for resettlement in US

Philippines agreed last July to temporarily host a US immigrant visa processing centre for a limited number of Afghan nationals