World News

Australia to charge big tech firms 2% levy unless they strike news deals

A proposed News Bargaining Incentive would tax the three big tech companies 2.25% on their local revenues unless they struck agreements

Govt fixes OCI card application fee at $275, scraps 6-mth stay rule

According to the officials, applicants must have a passport valid for at least six months on the date of physical submission and a valid visa for at least three months

BP profit more than doubles as Iran conflict boosts oil trading profits

BP suspended its share buyback program in February to clear the decks for the incoming CEO, and that was maintained

UAE to walk out of Opec, Opec+; India may gain from supply shifts

The UAE, with capacity of around 4.8 million barrels per day, has long been one of the most influential and compliant members of Opec+, and is currently the fourth-largest producer in the alliance

Trump claims Iran has just 'informed the US it's in a State of Collapse'

He added that he believes they will be able to sort out reported divisions within the Islamic Republic government about negotiations with the US

India at UNSC urges early restoration of Hormuz maritime passage route

India is among the top three seafarer-supplying nations, contributing approximately 13 per cent of the global seafaring workforce

Google signs classified AI deal with Pentagon for defense works: Report

Classified networks are used to handle a wide range of sensitive work, including mission planning and weapons targeting

UAE to exit Opec, Opec+, reiterates commitment to stable global oil markets

In a statement on Tuesday, the UAE said the move, effective May 1, 2026, aligns with its broader economic and strategic priorities, including increased investments in domestic energy production

OpenAI missed sales, user targets, fueling spending concerns: Report

Its ChatGPT chatbot also didn't hit the company's target of one billion weekly active users by the end of 2025, the newspaper said

The small UK agency that's a 911 for ships in the Strait of Hormuz

At a military base outside Portsmouth, England, a 24-hour service monitors the Persian Gulf, the Red Sea and part of the Indian Ocean, responding to distress calls

Temasek, LIC, Canadian pension fund in line-up to sell stakes in NSE IPO

It will be one of two large share sales in India this year, along with an issue by billionaire Mukesh Ambani's Reliance Jio Platforms

First LNG shipment exits Hormuz since war began, easing supply concerns

While the potential passage may raise hopes of increased LNG exports from the region, other vessels in the Gulf appear to be remaining in place

Preventing Iranian nuclear weapon remains 'core issue', says Marco Rubio

Asked if he thinks the Iranians are serious about a deal, Rubio said they are skilled negotiators looking to buy time

US guided-missile destroyer USS Rafael Peralta intercepts Iranian tanker

The interception of the M/T Stream comes as American forces maintain a strict maritime restrictive operation in the region

Trump pursues new import taxes to replace tariffs rejected by Supreme Court

Trump's newest tariff push is sure to face more challenges in court but is likely to prove sturdier than the one the Supreme Court tossed out

Indonesia train crash kills 14 near Jakarta; dozens injured, rescue on

The crash occurred Monday when a long-distance train crashed into the rear car of a stopped commuter train at Bekasi Timur Station outside Jakarta

Mexico captures top cartel leader seen as possible successor to El Mencho

Audias Flores Silva, also known as 'El Jardinero' or The Gardener, was seen as a possible successor to El Mencho and the US had a $5 million reward out for information leading to his arrest

'No tolls, no discrimination': UN chief appeals to parties to open Hormuz

Tensions around the Strait of Hormuz have intensified in recent weeks, with disruptions affecting global trade and energy supply chains

White House to review president's security; spotlight on line of succession

The foiled attack at White House Correspondents Association Dinner, has brought into focus the presidential line of succession as several cabinet secretaries were present at the event

Trump not happy with Iran's latest proposal to end war: US official

White House spokeswoman Olivia Wales said Washington "will not negotiate through the press" and reiterated that its red lines remain unchanged as it pursues an end to the conflict