World News

Paramount's $54 bn debt poses major challenge in Warner Bros takeover bid

Paramount has a temporary financing package in place for the combined company, but it hasn't locked in a maximum rate on more permanent borrowings for the transaction

China rejecting Nvidia's H200 chips, pushing for self-reliance: Sacks

Sacks' comments raise questions about whether Nvidia will be able to recover revenue from China, a data centre market it has removed entirely from its forecasts

Trump names Hassett, Warsh as top contenders for Federal Reserve chair

Trump previously signalled that he already made up his mind, saying Monday he had a "a pretty good idea" of who to nominate

Trump signals start of land strikes on drug operations in Latin America

The US president for days has been pledging to broaden the effort, which comes after the Pentagon has launched a series of attacks on what it has called drug-smuggling boats

US justice dept seeks to block contempt probe in mass deportation case

In an April 16 order, the judge said he gave the administration "ample opportunity to rectify or explain their actions" but concluded that "none of their responses has been satisfactory"

Trump sued by preservationists over new White House ballroom project

The project has prompted criticism in the historic preservation and architectural communities, and among his political adversaries, but the lawsuit is the most tangible effort thus far

US Navy admiral overseeing Trump admin's boat strikes hands over command

In farewell remarks, Holsey did not mention the military operations or the reasons for his early retirement, but he urged his successor to uphold longstanding partnerships in the region

Thai, Cambodian leaders have agreed to renew ceasefire after clashes: Trump

The original ceasefire in July was brokered by Malaysia and pushed through by pressure from Trump, who threatened to withhold trade privileges unless Thailand and Cambodia agreed

Pak PM interacts with world leaders, including Russian Prez in Turkmenistan

Shehbaz held a detailed meeting with Turkish President Recep Tayyip Erdogan, where he expressed his firm resolve to further strengthen bilateral cooperation with Turkey

USFDA preparing to issue 'black box' warning on Covid-19 vaccines

A black box warning is the strongest caution for prescription drugs and is usually reserved for alerting patients to possible adverse reactions that could lead to death or serious injury

EU to indefinitely freeze Russian assets, removing obstacle to Ukraine loan

The loan would be paid back by Ukraine only when Russia pays Kyiv war damages, making the loan effectively a grant that advances future Russian reparations payments

Elon Musk's Mars mission adds risk for investors to red-hot SpaceX IPO

Musk has always maintained that sending humans to Mars was his lifelong ambition

House Democrats release photos of Trump, Clinton from Epstein's estate

The photos released Friday were separate from the case files that the Department of Justice is now compelled to release

US sanctions Maduro's nephews as pressure campaign against Venezuela grows

The new sanctions on Franqui Flores, Carlos Flores and Efrain Campo come a day after Trump announced that the US had seized an oil tanker off the coast of Venezuela

Asian stocks rise higher cautiously as tech sector rattled by Oracle

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7 per cent, tracking mostly higher US markets on Thursday - the Dow and Russell 2000 indices hit new highs but the Nasdaq fell

Disney invests $1 bn in OpenAI, to license characters for Sora video tool

As part of the licensing deal, Sora and ChatGPT Images will start generating videos using licensed Disney characters such as Mickey Mouse, Cinderella and Mufasa, from early next year

Thai PM calls early election amid border clashes and parliamentary turmoil

The Thai premier said he had a call scheduled late on Friday with US President Donald Trump, who intervened in July to broker a fragile truce the last time fighting erupted

Historic floods in Washington wash away homes, leave families stranded

Washington is under a state of emergency and evacuation orders are in place for tens of thousands of residents

India eases Chinese business visas, cuts approval time to under a month

India has cut extra scrutiny to clear China business visas within four weeks, easing delays for firms needing technicians and equipment as New Delhi recalibrates ties amid US tariffs

Japan lifts tsunami advisory after 6.7 magnitude quake strikes country

Friday's quake followed a 7.5 magnitude earthquake earlier this week in the north that caused injuries, light damage and a tsunami in Pacific coastal communities