World News

Global cyberscams cost Americans billions as US recovery efforts lag

A US congressional investigation found that efforts to combat overseas scam networks remain fragmented, with no unified accounting of seized funds or money returned to victims

Saudi Arabia's battle with Yemen's Houthi shifts fears to non-oil economy

Weeks of sporadic strikes by the Iran-backed Yemeni militants have claimed dozens of lives, curbed air travel in Riyadh, delayed showpiece events and effectively shut capital city's financial district

China boycotts Kylian Mbappe after perceived insult to Mao Zedong

CCTV has reportedly removed advertisements featuring Mbappe, stopped airing soccer matches involving the Frenchman and deleted all posts related to him from its official Weibo account

Current climate pledges will cut emissions by just 6% by 2035: UN report

The report comes days after another UN report revealed that the 1.5-degree Celsius temperature target was now completely out of reach

Meta eyes record $97.5 billion equity raise to fund AI infrastructure push

The social media giant said it was increasing the common stock offering it announced on Monday from $22.5 billion to $25 billion, priced at $625.00 per share

US lawmakers warn banks, ports of probe over Russian diesel imports

In letters to the heads of major financial institutions, ports and fuel distributors, the lawmakers said companies facilitating imports in violation of US law could face criminal and civil liability

25% of S Asian Americans who backed Trump plan to back Democrats: Survey

The survey lists cost of living (65 per cent), healthcare (53 per cent), jobs and wages (33 per cent) and education (28 per cent) as key issues for the midterm polls

Israel election tests Netanyahu as war, ethnic tensions shape campaign

Netanyahu is seeking to retain power after three years of war and mounting demands for accountability over the October 7, 2023, attack

New UNSC permanent members without veto would be 'second-class': India

China, France, Russia, the UK and the US are the five permanent members of the 15-nation Security Council and enjoy veto powers

Anthropic relies on rival Google, Amazon, Microsoft for 48% of revenue

Amazon, Google and Microsoft customers can buy access to Anthropic's AI models through their existing cloud accounts. The cloud providers bill the customer, keep a fee and pass the rest to Anthropic

Trump approval rises from record low to 32% ahead of midterm election: Poll

The five-day nationwide ​poll also showed that registered voters broadly favored Democrats ​over Republicans by 47% to 36% when asked which party they would pick for Congress

US judge rejects Novo Nordisk bid to halt Eli Lilly's weight-loss drug ads

Weight-loss drugs have become major businesses ‌for large pharmaceutical companies. The US is among a handful of countries that allow direct-to-consumer advertising of prescription medicines

Who are the key investors backing AI startup Anthropic ahead of IPO?

Amazon, Google and leading investment firms have poured billions into the Claude maker, whose public listing will test investor appetite for AI companies beyond Silicon Valley

Lula mobilised millions to win Brazil's election as Bolsonaro contests loss

Lula, who convinced an extra 10.4 million voters to support him in the runoff, is expected to take office on Jan. 5, 2027, for his fourth non-consecutive term

India, US fine-tuning trade pact after concluding most discussions: Goyal

His remarks come days after US Secretary of State Marco Rubio indicated that only a few issues remained to be resolved, expressing hope that the agreement would be concluded shortly

'Looked so corrupt, terrible': Trump questions Brazil election integrity

Luiz Inácio Lula da Silva won re-election after defeating far-right candidate Flavio Bolsonaro in a closely contested presidential run-off

White House completes review of proposal to modernise PERM programme

The Department of Labour proposal seeks to revise the labour market test and other aspects of the PERM programme which were last modified in 2004

Meta eyes record $95 billion equity raise to fund AI infrastructure push

Meta plans $35 billion in stock offerings and a further $60 billion share sale programme to finance AI expansion, as heavy infrastructure spending strains its free cash flow

Serbia's Vucic loses election after 14 years amid student-led protests

The right-wing leader's 14-year hold on power ends as a diverse student-led opposition movement triumphs after two years of protests against his government

Israel heads to poll as Netanyahu's future, coalition math remain uncertain

Opinion polls indicate neither bloc is assured of the parliamentary majority needed to form a government