World News

Bangladesh says PM Rahman's India visit hinges on schedule, bilateral talks

Bangladesh's junior minister said said PM Tarique Rahman's proposed visit to India has yet to be finalised, with the timing depending on his "schedule" and the "progress" in bilateral discussions

World stares at food supply chaos as Russia attacks grain ships

Russian attacks on cargo vessels have sharply disrupted shipping from Odesa, threatening to trap millions of tonnes of grain during Ukraine's harvest season.

Gulf oil giants are spending billions to build alternative shipping routes

Gulf countries that have for decades produced much of the world's oil are now intent on breaking their dependence on the narrow waterway.

Maersk raises 2026 outlook again as Q2 profit surges to $3 billion

Maersk's second-quarter profit before interest, taxes, depreciation and amortisation stood at $3.0 ‌billion, well above a median forecast of $2.12 billion in a company-provided poll

S&P 500 CEO pay jumps to record as Musk-inspired compensation plans spread

Even excluding the CEO of Tesla and SpaceX , average compensation for chief executives in the S&P 500 soared 21% to $22.8 million in 2025

Meta says it has shut down 750,000 under-16 accounts in Australia

The figure includes more than 500,000 accounts Meta removed before the law came into effect in December, along with those it has shut down since, the company said

China's Lenovo Q1 results: Revenue jumps 43% to $26.94 billion on AI boom

Lenovo's revenue rose to $26.94 billion in the three months ended June 30, beating analyst expectations of $22.3 billion, as the consumer electronics hardware giant benefited from AI demand

Iran and US make competing claims over control of Strait of Hormuz

"Today ​you see that the Strait of Hormuz is under the management and control of the Islamic ​Republic," Iran's Basij paramilitary unit head Hossein Taeb said

Turkey lays out plans for defence pact with Pakistan and Saudi Arabia

The three Sunni Muslim US allies, ​alarmed by a regional conflagration that ​has brought Iranian missile fire onto Gulf oil exporters, signed the "Mecca Joint Defence ​Agreement" on August 7.

Trump admin deploys AI to crack down on China-linked tariff dodging

White House report accuses dozens of countries of helping China evade US tariffs through third-country transshipments, with the new AI set to track such illicit trade flows

Oracle to cut jobs again as AI boom drives a costly infrastructure race

Oracle is cutting costs even as its cloud business grows rapidly, as debt-funded AI infrastructure spending puts pressure

Americans struggle to make ends meet as inflation stays high: Fed official

A senior Federal Reserve official has warned that lower- and middle-income Americans are struggling to make ends meet, while the central bank may need to raise interest rates if inflation stays high

How South Korea's Kospi entered bull market after last month's sell-off

The gains came as investor interest returned to technology hardware stocks on expectations of continued spending on artificial intelligence infrastructure by large technology companies

Trump enlists pvt sector to boost cyber-offensive arsenal against criminals

A new Trump administration programme will allow private companies under federal oversight to conduct offensive cyber operations against criminal groups targeting Americans

Indian-origin teen kills mother, 14-yr-old brother in Massachusetts

17-year-old Arjun Aravind has been charged with two counts of murder in connection with the deaths of his mother, Sudha Venkatesan, 45, and his 14-year-old brother, Siddharth Aravind

US states issue proclamations to commemorate August 15 as 'India Day'

Delaware is the latest US state, after New York, New Jersey and Massachusetts, to issue a proclamation on the occasion of India's independence day, declaring August 15, 2026, as 'India Day'

Trump reverts to economic squeeze as 'entrenched' Iranian regime resists

Facing munitions shortages and growing pressure over the conflict, the Trump administration is turning again to sanctions and a naval blockade to squeeze Iran's oil exports

Trump sued over paid early access to US policy posts on Truth Social

The suit asks that Trump Media be forced to end both the new paid service, called Truth API, and its exclusive access deal with his company in general

China sees underground market for leaks on Xi's next corruption targets

Secretive online groups are selling purported clues on officials under scrutiny as Xi Jinping's anti-graft campaign fuels anxiety across the political system

White House press secretary Karoline Leavitt to leave role at month's end

Leavitt, who served Trump as a press aide during his first go-around in the White House, has been one of the most visible advocates of Trump's 'Make America Great Again' movement