World News

Why China's rare earth dominance is weakening across global markets

China's export restrictions on rare earths are accelerating investment in new mines and processing capacity worldwide, potentially weakening Beijing's dominance over critical mineral supply chains

Japan, US confirm joint yen-buying intervention, signal more action

The move underscored both countries' resolve to prevent a selloff in the yen and Japanese government bonds (JGBs) from causing global spillovers

AstraZeneca holds talks with Bristol Myers Squibb on $400 billion megadeal

A potential deal would carry regulatory risk because of concerns about how it might be assessed by US antitrust authorities under ‌President Donald Trump's administration

Fact-check: Trump's claims on Iran war, weapons, and oil prices examined

The president misleadingly blamed the Biden administration's weapons transfers to Ukraine for current concerns over munitions stockpiles, among other claims about the Iran war

5.6 magnitude earthquake strikes Egypt's Suez, no damage reported

The Egyptian ‌Red Crescent said it activated its ​emergency response plan in the governorates where the quake was felt

No agreement: Iran rejects Trump claim of Strait of Hormuz reopening deal

According to the semi-official news agency Fars, citing sources connected to Iran's diplomatic team and military leadership, no arrangement has been reached regarding the reopening of the route

US issues travel advisory for Spain's Cueta amid massive migrant crisis

The elevated alert is restricted to Ceuta, which abuts Morocco, while the travel advisory status for mainland Spain and its remaining territories remains unchanged

Negotiations with Oman on Strait of Hormuz near completion, says Iran

The development coincides with US President Donald Trump announcing on Saturday that Washington and Israel have concurred on deferring planned military strikes on Iran

Glasgow hands CWG baton to India as Ahmedabad set to host 2030 Games

Goodbye Scotland. Hello India! The 2030 Games will be held in Ahmedabad, and the Scotland officials handed over the CWG flag and baton to Indian representatives

Trump says US-Iran talks to begin Monday after calling off planned strikes

Trump revealed that diplomatic engagements involving Saudi Arabia, the United Arab Emirates, Qatar and Iran led him to halt what was originally planned as a massive attack

The knives are out for the world's oldest bank as takeover battle heats up

The world's oldest bank faces a high-stakes takeover battle as consolidation reshapes Italy's banking sector and tests Monte dei Paschi's independence

Sanchez isolated as Spain sparks fears of a migration crisis in Europe

Spain's PM Pedro Sánchez faces EU pressure over migration policy after thousands entered Ceuta, reigniting debate on borders, Schengen rules and immigration controls.

Heat pushes Europe's major rivers toward historic lows, disrupting trade

As water levels in the Rhine and Danube fall toward record lows, that's starting to disrupt the transport of chemicals, oil products and other goods, while boosting freight costs

Opec+ likely to approve September output hike, pause further increases

The seven core ​members of Opec+ - ​Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman - have ​been increasing monthly production quotas for most of this year

Indian diaspora in China flags anti-India posts, visa curbs at embassy meet

Indian envoy Vikram Doraiswami, accompanied by Counsellor Nitinjeet Singh and Counsellor Ramesh Singh, interacted with members of the diaspora on a range of issues

Iran's leaders show united front on war strategy but differ over endgame

The unusually open rivalry within theocracy's leadership points to a struggle for control over Iran's postwar future. A huge question mark is where the new supreme leader, Mojtaba Khamenei, stands

AI creates two-speed jobs market in UK as demand shifts to senior talent

Software developers, whose profession has been transformed by AI and suffered dramatic job losses since 2022, are back in demand with postings rising 14%

Trump pauses new strikes, says parameters set for deal to end Iran war

Trump added that the emerging deal would include the immediate, complete, and total opening of the Hormuz Strait, and an end to Iran's nuclear threat

Saudi crown prince urges restraint as Trump weighs fresh strikes on Iran

The crown prince during Saturday's call sought clarity from Trump on what potential new action he's weighing to take against Iran

Iran warns of strikes on other nations' energy fields if US attacks again

Iranian Foreign Minister Abbas Araqchi said Iran would respond decisively to any aggression and discussed the consequences of destabilising actions by the US