World News

Nvidia row: Lutnick pushed to weaken chip rules linked to family business

Cantor Fitzgerald has financial ties to Southeast Asian data centre firms serving Chinese clients as US Commerce Secretary Howard Lutnick weighs tighter curbs on advanced AI chip sales

US air travel woes to persist into Sunday as thousands of flights hit

Airlines on Saturday had canceled more than 6,150 US flights and delayed more than 7,300, according to FlightAware, an aviation website

India, Egypt to work on terms of reference for potential trade agreement

India and Egypt plan to explore a preferential or free trade agreement, with both sides seeking to deepen cooperation in trade, investment, fintech, pharmaceuticals and other sectors

We are working to formalise Quad leaders' summit next week, says US

Modi's visit to the Philippines for the Asean and East Asia Summits comes amid questions over the Quad's future, slow trade negotiations and shifting global alliances

Fresh unrest shuts garment factories in Bangladesh ahead of wage board meet

Protesting workers gathered in Gazipur's Konabari and Mouchak areas, prompting police to use tear gas and sound grenades to disperse them

India is huge market with 'blue ocean opportunity': Aircraft maker Embraer

Bullish on India, one of the world's fastest-growing civil aviation markets, Embraer has projected that Indian market will require at least 500 aircraft in 80 to 146 seat range over the next 20 years

Israel kills top Hamas commander in overnight airstrike on southern Gaza

Meanwhile, Iran's Revolutionary Guard claimed that it struck a radar system at an American helicopter base in Bahrain

Measure AI by results, not number of agents deployed: Oracle's executive

Oracle's Natalia Rachelson said business leaders should pick an outcome they can measure, such as reducing the time spent resolving accounting errors or lowering transport costs,

Ebola outbreak remains out of control in Congo 6 months into response

Six months after an Ebola outbreak was declared in Congo, the disease remains out of control and efforts to contain it are faltering

What travellers need to know about US flights after nationwide ground stop

The longest flight stoppage in 25 years lasted more than four hours and ended around 8:15 pm ET Friday, allowing some domestic flights to take off from US airports

Experts flag heat risks for pregnant women, urge targeted action at COP31

Experts at COP31 call for heat-protection guidelines for pregnant women and better-prepared health systems, warning that only 1% of formal climate finance goes towards health

India votes against UNGA resolution seeking moratorium on death penalty

The UNGA adopted by recorded vote the resolution introduced by Mexico on 'Moratorium on the use of the death penalty', with 133 countries voting in favour of resolution, 33 against and 16 abstentions

China's Panama port dealmaker now faces extradition amid canal tensions

A Chinese businessman arrived in Panama with money and power. Then he sold a port when his luck turned. Now China wants him sent back

The secret Jensen Huang kept for more than a year led to his downfall

Nvidia's leader said his relationship with a female customer was just about business. But what he was concealing eventually led to his resignation from the company he created

Saudi-led coalition intercepts two Houthi missiles targeting Riyadh

The ​Houthis, who control most of the ​populous parts of Yemen, have intensified attacks on the Saudi capital in recent days

Fossil fuel transition coalition presses ahead after Colombia's exit

The coalition will release a progress report outlining steps by member countries to reduce dependence on coal, oil and gas, despite Colombia's withdrawal from the initiative

Pentagon eyes smaller troop cuts across Europe in shift from earlier plans

European allies had previously feared the US might cut as many as 25,000 troops, but a smaller cut is now more likely because the US has looked favorably on increased Nato defence spending

US corporate bonds attract investors as stock market turbulence grows

High-grade US company debt gained 1.2% from the end of September through Friday's close, according to Bloomberg Index total return data

UK govt to expand youth job guarantee program amid rising inactivity

Guaranteed jobs for young people will be rolled out across all areas of Great Britain and, from April next year, will be available to those in program for 12 months, rather than 18 months currently

AI retreat fuels India's stock market comeback in great rotation trade

The MSCI India gauge has rebounded 11% from a six-month low set in October, adding more than $400 billion in value and almost erasing this year's losses