World News

'Massive fleet heading towards Iran': Trump renews warning to Tehran

US President Donald Trump said American warships are moving towards Iran as tensions rise over protests and nuclear concerns, adding the US is ready to act if Tehran escalates

US moves to rewrite defence pact to expand military presence in Greenland

White House spokeswoman Anna Kelly said that if the deal goes through, the US would achieve all its strategic goals in Greenland 'at very little cost, forever,' adding that Trump is hopeful about it

JPMorgan raises CEO Jamie Dimon's pay by 10.3% to $43 million for 2025

The bank has been benefiting from heightened volatility in markets fueling trading activity among its clients, as well as an uptick in dealmaking

Trump says Federal Reserve chair interviews done, has pick in mind

Trump's shortlist includes National Economic Council Director Kevin Hassett, BlackRock executive Rick Rieder, current Fed Governor Christopher Waller and a former governor, Kevin Warsh

WEF 2026 Day 5: Key speakers and major discussions at Davos today

Topics scheduled for discussion include protecting scientific freedom, the future of the internet, mental health, and geopolitical risk outlook for 2026, among others

US walks away from WHO leaving behind $260 million in unpaid dues

The withdrawal notice left the health organisation without its top donor. Between 2022 and 2023, the US contributed nearly $1.3 billion to the WHO

Amazon to cut thousands more jobs in efforts to streamline bureaucracy

The cuts, conducted in rounds on either side of Amazon's busy holiday quarter, echo layoffs the Seattle-based company instituted in late 2022 and early 2023 that ultimately snared about 27,000 people

Woman shot during immigration stop sentenced for illegally entering US

A woman shot and wounded by a Border Patrol agent during an immigration stop in Portland pleaded guilty to illegal entry and was sentenced to one year of probation by a federal court

Venezuela's questionable oil reserve figures give Trump a talking point

South American nation's claim that it sits atop more than 300 billion barrels, 17 per cent of the world's total and surpassing even Saudi Arabia, has long been questioned by some industry experts

India, Namibia sign MoU on election management on sidelines of IICDEM 2026

The MoU was signed by Chief Election Commissioner of India Gyanesh Kumar and Chairperson of the Electoral Commission of Namibia Elsie T Nghikembua, at IICDEM 2026 in Delhi

Apple expands hardware chief Ternus' role in latest sign of CEO candidacy

Cook, who has led Apple since 2011 and turned 65 in November, quietly tapped Ternus to manage the company's design teams at the end of last year

Disney's succession committee closes in on replacement for CEO Bob Iger

As part of the process, Disney has been seeking shareholder feedback on a new pay package for its next CEO

Trump returns to Washington from Davos, hails 'very special' Board of Peace

US President Donald Trump also said that the Greenland structure is being worked on, and it will be amazing for the US

Asian stocks edge higher ahead of BOJ meet as Greenland tariff fears ease

MSCI's broadest index of Asia-Pacific ​shares outside Japan was last up 0.4 per cent, while the Nikkei 225 edged 0.2 per cent higher

TikTok seals long-awaited deal to operate in US, averts nationwide ban

The social media company has officially established a US entity with three managing investors: Oracle Corp., private equity firm Silver Lake Management LLC, and Abu Dhabi-based investment company MGX

Trump sues JPMorgan for $5 bn, alleges account closed for political reasons

In a statement, JPMorgan said that it "regrets" that Trump sued them but insisted they did not close the accounts for political reasons

Trump administration cancels solar projects in Puerto Rico as grid crumbles

The solar projects were part of an initial $1 billion fund created by US Congress in 2022 under former President Joe Biden to help boost energy resilience in Puerto Rico

Trump calls for UN to work with new Board of Peace on Gaza, other conflicts

The reaction came after Trump formally launched the Board of Peace at the WEF, signing its charter and describing the move as a major step towards global conflict resolution

Trump admin halts use of human fetal tissue in NIH funded research

The policy, long urged by anti-abortion groups, expands restrictions issued during President Donald Trump's first term

European pressure forced Trump to drop threats over Greenland: Macron

"Europe can make itself be respected, and that's a very good thing," Macron told reporters, as he arrived in Brussels for an emergency summit