World News

US jobless claims dip as labour market stays stable despite risks

Unions representing some of the civil servants have challenged the layoffs, resulting in reinstatements. Agencies have a Thursday deadline to submit plans for large-scale layoffs

White House withdraws Dave Weldon as pick for CDC director: Report

Vaccine critic Dave Weldon, President Donald Trump's pick to lead the US Centers for Disease Control and Prevention, was set to appear in front of the Health, Education, Labor and Pensions Committee

US FTC dismisses Amazon trial delay, insists DOGE cuts won't derail case

FTC reverses claim of resource constraints, says Amazon trial will proceed as scheduled despite DOGE-driven budget cuts and staff reductions under the Trump administration

Trump threatens 200% wine tariff if EU does not remove whiskey tariff

This comes a day after Trump pledged more tariffs after his government's 25 per cent tariffs on all steel and aluminium imports invited retaliatory action from the European Union and Canada

Stretch of Amazon cleared to build highway for COP30, sparks controversy

The Amazon is vital for absorbing carbon and maintaining biodiversity. Many argue that clearing land for a road goes against the purpose of a climate summit.

Russia criticises US ceasefire idea for Ukraine as Putin plays hardball

Trump had said in the White House on Wednesday that he hoped the Kremlin would agree to the US proposal for a 30-day ceasefire that Ukraine said it would support

EU carbon border policy may hurt global climate cooperation: Study

These recommendations are particularly crucial for India-EU negotiations on the CBAM as part of the ongoing Free Trade Agreement discussions

Escalating trade war threatens oil demand as Opec+ boosts supply, says IEA

Oil is trading near $71 a barrel in London after sinking to the lowest since 2021 last week, following Opec+'s decision to gradually restart halted production from April

Canada sounds the alarm as US trade war escalates ahead of G7 Summit

Ahead of G7 Summit, Canada urges allies to resist US trade war, calling tariffs an economic weapon and warning that no country is immune to Washington's coercion

Pope marks 12th anniversary of papacy in hospital, condition improving

A chest X-ray confirmed improvements, the Vatican said on Wednesday, just two days after days after doctors declared he's no longer in imminent danger of death

They're worth it, even if it leads to recession: Lutnick on Trump policies

US President Donald Trump has dismissed concerns over his policies, including tariffs, leading to a recession

Who is Alexsej Besciokov, Lithuanian crypto kingpin arrested in Kerala?

Alexsej Besciokov faces multiple charges, including money laundering, conspiracy to violate sanctions, and operating an unlicensed money-transmitting business

Taiwanese prez calls for tougher steps against rising Chinese infiltration

Lai cited a range of recent incidents involving China that fall into a gray area of psychological warfare short of open armed conflict

Asian shares fall despite Wall St rebound as investors eye trade war moves

Chinese markets slipped as investors watched for the next steps in President Donald Trump's trade war

Musk's efficiency drive falls short as US federal spending hits record high

Citing data from the Treasury Department, the report states that the federal spending last month stood at $603 billion. This stands in stark contrast to Musk's claim of saving over $100 billion

TikTok faces April 5 ban: Will Trump step in or let the deadline stand?

After assuming office, Donald Trump issued an executive order granting TikTok a 75-day delay, pushing the ban to April 5. Yet, TikTok has taken no steps to prevent the looming restriction

Trump tariffs spark business uncertainty, says JPMorgan Chase's Jamie Dimon

JPMorgan Chase CEO Jamie Dimon's comments come as stock markets have been affected by changing tariff policies and investor confidence remains shaky amid trade tensions

Trump warns Russia of major financial consequences if ceasefire rejected

While Ukraine has already accepted the US-backed ceasefire, Russia has remained hesitant, stating that it was 'studying' the proposal

Sunita Williams, Butch Willmore's return delayed as rocket faces glitch

According to an Associated Press report, the new crew consisting of four astronauts from the US, Japan, and Russia, will have to get to the ISS first before Williams and Willmore can head home

FEMA reviews migrant shelter aid, says smuggling laws were violated

The Department of Homeland Security has significant concerns that federal grants used to address a surge of migration under former President Joe Biden were used for illegal activities