World News

Jack Dorsey's Block to join S&P 500 index, replacing Hess after merger

The changes will go into effect prior to the start of trading on July 23, according to a press release from S&P Dow Jones Indices

Trump sues Wall Street Journal, Murdoch for $10 bn over Epstein article

The suit alleges that the WSJ article falsely linked Trump to Epstein and included fabricated evidence, causing damage to his reputation

Iraq confirms drone attack 'findings' without naming who targeted its bases

The attacks on several military bases, including some housing US troops, damaged radar systems at Camp Taji, north of Baghdad, and at Imam Ali Base in Dhi Qar province

Trump's birthright citizenship order remains blocked amid legal battles

The Trump administration may still appeal or seek to narrow LaPlante's order, but for now, the push to end birthright citizenship for children of undocumented or temporary migrants is stalled

Trump grants pollution rule waivers to plants citing security needs

Among the exempted operations were taconite iron ore plants in Minnesota owned by the United States Steel Corp. and six facilities owned by Cleveland-Cliffs Inc. in Minnesota and Michigan

Wall St dips after report of Trump eyeing steep tariffs on EU goods

Industrial giant 3M fell about 5 per cent after the company said the impact of tariffs will mostly be felt in the second half of the year

Trump seeks 15-20% minimum tariffs on EU goods despite trade talks

Trump has also been unmoved by the latest EU offer to reduce car tariffs, and would keep duties on the sector at 25 per cent as planned, the report said citing unnamed sources.

President Donald Trump will sign new cryptocurrency bill into law on Friday

The measure is meant to bolster consumer confidence in the rapidly growing crypto sector. Its passage comes as Trump makes it a mission to make the US the crypto capital of the world

Zelenskiy says talks with Russia for peace, needs 'more momentum'

Two rounds of talks between Ukraine and Russia in Turkey earlier this year have yielded little more than an agreement to exchange prisoners and soldiers' remains

Zara founder's global deal spree shields his $104 billion from tax

The Inditex SA founder's family office, Pontegadea, snapped up a five-star Paris hotel, a Florida apartment block and a building on Barcelona's iconic Diagonal Avenue as part of transactions

Fed holds off on rate cuts as inflation risks outweigh Trump pressure

Powell and other Fed officials said they expected price increases to quicken this summer

Low value, high stakes: Why nations are racing to mine rare earth minerals

While rare earth mineral trading generates modest revenue, their strategic value far outweighs market price as governments move to mitigate geopolitical risk and secure defence-relevant supply

In a first, Netflix dives into generative AI with new sci-fi series debut

Netflix has used generative AI to create VFX in its upcoming sci-fi series El Eternauta, marking its first official move into AI-driven production, without replacing human creators

Germany deports 81 Afghan nationals, 2nd flight since Taliban's return

More than 10 months ago, Germany's previous government deported Afghan nationals to their homeland for the first time since the Taliban returned to power in 2021

China issues safety warning for its nationals studying in Philippines

The brief warning Friday did not identify any specific incidents but told students to increase their safety awareness should they choose to study in the Philippines

Indian-origin Subway owner arrested over US visa fraud, fake robberies

Chandrakant 'Lala' Patel and four police officers face visa fraud charges in a decade-long scam exploiting US immigration laws through staged crimes

EU targets Russia's energy revenue, shadow fleet with new sanctions

The move comes as European countries start to buy US weapons for Ukraine to help the country better defend itself

Fearless Felix, skydiver who jumped from space, dies in paragliding crash

Felix Baumgartner, who jumped from the edge of space and broke the sound barrier in freefall in 2012, died in a motorised paragliding crash near Italy's Adriatic coast

MAGA hats burnt as Trump dismisses Epstein files backlash as 'hoax'

US President Donald Trump is facing difficulty managing the political fallout, amid suspicions that the administration is concealing information about Epstein's crimes to shield the wealthy elite

Civil rights work slows as Trump dismantles education dept: Agency data

The Education Department's civil rights branch lost nearly half its staff amid mass layoffs in March, raising questions about its ability to address a deep backlog of complaints from students