World News

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

Iraq and Turkiye ink 1-year oil pipeline deal amid Hormuz tensions

Iraqi Oil Minister Bassem Mohammed Khudair al-Abadi said in a statement that the agreement will remain in effect for one year while the two countries finalise a broader framework agreement

US urges its nationals to leave West Asia amid 'complex security situation'

US embassies in Jerusalem and other West Asian capitals released identical security alerts warning American nationals about travel to or within the region

Venezuelans watch fresh government-opposition talks with cautious optimism

The latest talks follow the January capture of then-President Nicolas Maduro by US forces, and will focus on strengthening democracy and restoring rights after nearly three decades of socialist rule

India-China border trade via Shipki La resumes after six-year hiatus

The cross-border trade between India and China through Shipki La, known as the ancient silk route joining India with Tibet, resumed on Saturday after a gap of six years.

OpenAI finds more rogue AI agent escapes during internal investigation

According to Reuters, the additional escapes were limited in scope and there was no indication that any of the AI agents left OpenAI's internal network

China holds military drills near disputed shoal in South China Sea

The Philippines earlier this week presented its bid to the United Nations to extend its seabed to include the disputed shoal

Spain to barricade sea border after 67 die in Ceuta mass migrant crossing

The death toll has climbed to 67, including some who drowned and others who were killed in a stampede to cross a breakwater barrier, the Spanish government said

Europe's heatwaves strain nuclear, hydropower, driving electricity costs

The heat-related strains coincide with a surge in natural gas and coal prices after the collapse of the US-Iran ceasefire once again sharply curtailed traffic through the Strait of Hormuz

Donald Trump orders fresh US strikes on Iran as early as this weekend

The Wall Street Journal reported that Trump has ordered fresh US strikes on Iran as early as this weekend, while CBS said Washington is also considering attacks on Iran's energy infrastructure

White House signals Trump weighing fresh strikes on Iran amid tensions

The White House said Donald Trump is considering fresh strikes on Iran after accusing Tehran of violating a truce, attacking commercial ships in the Strait of Hormuz and killing American soldiers