World News

Trump may name next Fed chair as early as next week: US Treasury chief

Trump has sharply criticized Jerome Powell, whose term as Fed chair ends in May, for not lowering interest rates fast enough

Sony to cede control of Bravia TV business to China's TCL Electronics

Sony Bravia TVs survived due to their positioning at the premium tier of the market, where consumers are willing to pay more for high-end picture and sound quality

Netflix makes all-cash $82.7 billion bid for Warner Bros, blocks Paramount

The new all-cash bid - at $27.75 a share - has unanimous support from the HBO owner's board, according to a Tuesday regulatory filing

Oil steadies as investors assess US tariff threats over Greenland

Fears of renewed trade war escalated after Trump said he would impose additional 10% levies from February 1 on goods imported from European nations if no deal on Greenland was reached

Top EU official questions Trump's trustworthiness over Greenland threat

In a speech at the World Economic Forum in Davos, Von der Leyen said that Trump's planned new tariffs over Greenland are a mistake especially between long-standing allies

EU on cusp of free trade pact with India: Ursula von der Leyen at Davos

She further linked the trade push to upcoming high-level engagement, saying she will travel to India next weekend after the conclusion of the World Economic Forum in Davos

Asean won't endorse election in military-ruled Myanmar, says Malaysia

Citing concerns over the lack of inclusive and free participation, Malaysian Foreign Minister said Asean leaders decided at their summit in October not to send observers to Myanmar

US, Europe to find way out of Greenland dispute: American Treasury chief

Bessent played down fears of escalation after Donald Trump announced tariffs on imports from European allies that oppose US control of Greenland

Trump calls out Britain's 'great stupidity' over Chagos Islands handover

In a Truth Social post, Trump argued that such decisions make it necessary for the US to acquire Greenland

US control of Greenland necessary for global security, says Donald Trump

Trump also posted two pictures suggesting full control over Greenland. One of the photos showed Canada, Greenland and Venezuela as part of the US

Islamic State group claims attack on Kabul restaurant that killed 7

The attack happened at a Chinese restaurant in the Shahr-e-Naw district in the city, according to police spokesperson Khalid Zadran

Musk reignites feud with Ryanair CEO, asks if he should buy the airline

During the process of purchasing Twitter, now known as X, he frequently voiced his disapproval of operations at the company and the decisions made by its CEO at the time

US-Europe have 'never been closer', says Bessent despite Greenland crisis

On Saturday, Trump announced a 10 per cent import tax starting in February on goods from eight European nations that have rallied around Denmark in the wake of his push for US to take over Greenland

Trump heads to Davos to pitch how he'll make housing more affordable

Trump's attention in his first year back has been less on pocketbook issues and more fixed on foreign policy with conflicts in Gaza, Ukraine and Venezuela

Trump flips position to attack UK's Starmer over Chagos Islands deal

Diego Garcia, largest island in the Chagos archipelago, is a remote Indian Ocean island almost 2,000 miles (3,200 kilometers) from the coast of East Africa and is home to a US and UK military facility

China's birth-rate woes shows its age-old struggle to manage 'the masses'

Birth rate numbers released Monday, the lowest since Mao's Communists established the People's Republic in 1949, are the latest development in a millennia-long struggle in China

Trump shrugs off EU resistance, presses Greenland claim ahead of WEF

Trump brushed aside EU resistance on Greenland, confirmed a call with Nato's Mark Rutte and raised the prospect of tariffs, testing European unity ahead of Davos

200% tariff on French wine? Trump warns Macron to join Gaza Peace Board

The Board of Peace is a global body endorsed by the UN Security Council in November last year to monitor and oversee the ceasefire between Israel and Hamas

Luxury real estate brothers to face trial in New York sex trafficking case

The latest iteration of the indictment, filed Thursday, accuses brothers of showering women with free travel and luxury accommodations before drugging and raping them in vacation destinations

UK govt mulls under-16 social media ban, app curbs to cut screen time

The UK may follow Australia in banning under-16s from social media as ministers seek public views on curbing screen time and harmful online features for children