World News

21 killed, 61 injured in blast at fireworks factory in central China

The blast took place around 5 pm on Monday at Liuyang Huasheng Fireworks Manufacturing and Display Co, a fireworks plant located at Guandu township

Berkshire picks Charlie Shamieh to succeed Ajit Jain as insurance chief

Berkshire owns Gen Re, where Shamieh has served as chairman since 2018

Washington Post wins Pulitzer prize for public service; NYT bags three

The New York Times led the awards haul with wins in the Investigative Reporting, Opinion Writing and Breaking News Photography categories

Trump's immigration crackdown hurts some American workers, study finds

Study questions whether stricter immigration enforcement boosts jobs for Americans, noting foreign-born and native-born workers often complement each other rather than compete for the same roles

Meta picks Morgan Stanley, JPMorgan for El Paso data centre financing

Big Tech firms are pouring hundreds of billions of dollars into data centres amid strong demand for artificial intelligence, marking a shift from their long-standing reluctance to raise debt

Elon Musk agrees to pay $1.5 million to settle SEC case over Twitter stake

An SEC spokesperson said the deal, if finalised, would be the largest penalty the agency has levied against an entity or individual for allegedly failing to file a beneficial ownership report on time

Russia declares Victory Day truce; Ukraine to cease fire two days earlier

For years, the Kremlin has used the pomp-filled Victory Day parade to showcase its military might and global clout, and it has been a source of patriotic pride

Secret Service officers shoot gunman near White House after he opens fire

The suspect ran, drew a weapon and shot at the officers, who returned fire, striking him

US naval ops to protect global energy, India's LPG supply: US Treasury secy

Bessent called on Beijing to play a constructive role, particularly ahead of US President Donald Trump's expected meeting with Chinese President Xi Jinping next week

OpenAI prez Greg Brockman tells court his stake in firm is worth $30 bn

The civil lawsuit accuses Altman and Brockman of double-crossing Musk by straying from the San Francisco company's founding mission to be an altruistic steward of a revolutionary technology

Iran will be 'blown off Earth' if it attacks US ships in Hormuz: Trump

Trump took to his social media platform Truth Social to claim that Iran had attacked some ships, including a South Korean cargo vessel, that was being guided through the Strait

Build in US to access markets, says Lutnick; offers L-1 visas for business

Lutnick said the US has flipped the script and was now encouraging companies to set up shop in the US instead of outsourcing production to other countries

Three Indians injured after drone attack sparks fire in UAE's Fujairah

Three Indian nationals sustained moderate injuries after the fire broke out on the FOIZ, the Khaleej Times reported, quoting authorities in Fujairah

AI partnerships surge across Formula One teams, reshape racing strategy

AI can be a key tool enabling teams to navigate new regulations and new cost cap rules, now set at $215 million

China invokes anti-sanctions law over US blacklisting of oil firms

Under the law, introduced in 2021 and most recently revised in April, China can impose countermeasures on companies and individuals, including trade and investment curbs and entry and exit restriction

Microplastics found to trap heat, play role in global climate change

New research finds airborne microplastics trap heat and may amplify global warming, challenging earlier assumptions about their climate impact

UAE oil chief says OPEC exit boosts ability to speed up investment

Adnoc touted its plans on Sunday, saying it's planning to accelerate a growth push with 200 billion dirhams ($55 billion) in oil-project awards as part of an already-announced $150 billion program

US rebuts Iran's claim of striking Navy vessel near Strait of Hormuz

The denial on Monday came as the US remains active in the area near the Persian Gulf, offering to guide ships through the Strait of Hormuz and dislodge Iran's blockade

Iran vows kinetic response to Trump's naval mission in Strait of Hormuz

The US operation, intended to escort stranded vessels out of the strategic waterway, is reportedly scheduled to commence within the coming hours

United Airlines flight hits pole on highway before landing at Newark

United Flight 169 from Venice, Italy, hit a pole on the New Jersey Turnpike around 2 pm local time Sunday before touching down