World News

Jeff Bezos shakes up Blue Origin staff incentives ahead of SpaceX IPO

Bezos's efforts to make staff incentives more competitive come on the back of an intensifying rivalry between Blue Origin and Elon Musk's SpaceX

Iran enforces new rules in Hormuz; mandates prior permits for vessels

Shipping companies planning to navigate the chokepoint will now receive electronic instructions from an address affiliated with the Persian Gulf Strait Authority

Iran foreign min meets Chinese counterpart as Trump pauses effort in Hormuz

It was the first time since the start of the war that Araghchi has travelled to China, whose close economic and political ties to Tehran give it a unique position of influence

Trump looks for a silver bullet to end Iran war, but there may be none

The president is trying to ratchet up the economic pressure on Tehran, but Iran's government is unlikely to make a deal without a big, face-saving compromise

White House insists war in West Asia is over, even while missiles fly

The White House is turning to rhetorical leaps as President Trump tries to put the biggest political crisis of his presidency behind him

China services activity grows at faster rate in April, shows private PMI

The RatingDog China General Services purchasing managers' index, compiled by S&P Global, rose to 52.6 in April from 52.1 in March, staying above the 50-mark that separates expansion from contraction

China didn't challenge US naval blockade on Iran in Hormuz, says Trump

Trump noted China's reliance on oil shipments through the Strait of Hormuz and said Beijing has maintained a respectful stance regarding the ongoing situation

US shuts consulate in Pak's Peshawar citing safety of diplomatic personnel

The State Department spokesperson said the US will continue to engage meaningfully with the people and officials of Khyber Pakhtunkhwa to foster economic ties, promote regional security

Iran denies UAE's missile attack claims, warns against retaliatory action

The remarks come after a sharp rebuke from the UAE, which denounced the 'renewed unprovoked Iranian aggression' involving the deployment of drones and missiles

Trump pauses Project Freedom in Hormuz in push for deal with Iran

Trump cited 'Great Progress' toward 'a Complete and Final Agreement with Representatives of Iran', however, he added that a US blockade would 'remain in full force and effect'

US proposes resolution to UNSC to defend free navigation, secure Hormuz

US State Secy Marco Rubio stated that the proposal comes at the direction of US President Donald Trump in conjunction with Bahrain, Saudi Arabia, the United Arab Emirates, Kuwait, and Qatar

Major military operations against Iran over, Op Epic Fury concluded: Rubio

Rubio says the major US military operation against Iran is over but is stopping short of saying the conflict is over or cannot be restarted

Oil prices fall over $2 after Trump pauses Strait opening for possible deal

Trump said on Tuesday while the operation to reopen the Strait of ‌Hormuz will be paused, the blockade will remain in force

At least 2 killed, 3 injured in shooting at shopping centre in Texas

It was not a random act of violence and the attacker knew both of the people who were fatally shot, Carrollton Police Chief Roberto Arredondo said

Trump says great progress in agreement with Iran, suspends Project Freedom

In a post on Truth Social, Trump said, "Great progress has been made toward a complete and final agreement with representatives of Iran"

Hegseth, Caine say US-Iran ceasefire is not over despite fresh attacks

The defence secretary confirmed that the ceasefire remains in effect despite some Iran strikes and the ongoing US blockade

Trump congratulates PM Modi on 'historic, decisive' election victory

BJP scripted history by securing more than two-thirds majority in the West Bengal assembly polls, ending the 15-year rule of Chief Minister Mamata Banerjee

White House says Trump's drug pricing deals could save $529 billion

Cost-of-living issues are at the forefront of voters' concerns and higher energy prices tied to the Iran war have deepened the public's anxiety

US-Iran ceasefire holds after Hormuz clashes, UAE missile strikes

Violence had erupted after US President Donald Trump announced "Project Freedom," which he described as a humanitarian effort to guide neutral ships stranded in the Gulf through Hormuz

26 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