World News
US economy growth sluggish at 1.5% in Q2, consumer spending rises 3.4%
The US economy grew at a sluggish 1.5 per cent pace from April through June. But consumer spending stayed strong.
 "US economy growth sluggish at 1.5% in Q2, consumer spending rises 3.4%")
Iran's supreme leader is seriously wounded, not dead: Donald Trump
US President Donald Trump said that he believes Iran's supreme leader is seriously wounded but not dead.
 "Iran's supreme leader is seriously wounded, not dead: Donald Trump")
17 killed, nearly 500 missing as flash flood sweeps through Nepal districts
The flood surged through the Bhote Koshi River at around 9 am (local time) affecting Rasuwa and Dhading districts bordering Tibet
 "17 killed, nearly 500 missing as flash flood sweeps through Nepal districts")
India, China can help resolve West Asia conflict, says Hillary Clinton
Clinton said China, in particular, can put pressure on Tehran, as it is one of the biggest buyers of oil and gas from Iran
 "India, China can help resolve West Asia conflict, says Hillary Clinton")
Deloitte to pay $21.5 mn to settle US workplace discrimination claims
Deloitte to pay $21.5 million to settle US government's allegations of race- and sex-based discrimination in hiring, promotions, staffing and employee programmes
 "Deloitte to pay $21.5 mn to settle US workplace discrimination claims")
L&T wins 13 orders since July, signalling revival in West Asia business
While the engineering giant only shares a range instead of giving out the exact order value, a Bloomberg News estimate pegs the average at about ₹1.11 trillion in the ongoing quarter
 "L&T wins 13 orders since July, signalling revival in West Asia business")
Moonshot AI in talks with Microsoft, Amazon, Google over K3 revenue sharing
Any deal could mark the first big revenue-sharing pact between a Chinese AI firm and a major US cloud company
 "Moonshot AI in talks with Microsoft, Amazon, Google over K3 revenue sharing")
Trump floats renaming Lake Ontario to 'Lake America' amid trade war
The water body serves as a natural border separating the province of Ontario from New York state and forms part of the five Great Lakes of North America
 "Trump floats renaming Lake Ontario to 'Lake America' amid trade war")
Bill Gates seeks meeting with Xi Jinping to push global AI safety efforts
Gates' staff are working to finalize a meeting with Xi for his next China trip, his spokesperson said, scheduled tentatively for November
 "Bill Gates seeks meeting with Xi Jinping to push global AI safety efforts")
Pakistan's former PM Imran Khan's sons say his life at risk in prison
Kasim and his brother Sulaiman Isa also urged the international community to pressure Pakistan for human rights violations against its former premier
 "Pakistan's former PM Imran Khan's sons say his life at risk in prison")
Global economy in tug-of-war between oil shock and AI boom: IMF chief
She said the global economy was witnessing a tug-of-war between the negative supply shock from West Asia and the positive demand shock from AI
 "Global economy in tug-of-war between oil shock and AI boom: IMF chief")
14 infants killed in fire at major hospital in Pakistan's Islamabad
The fire occurred at the Pakistan Institute of Medical Sciences (PIMS), the largest public hospital in the capital
 "14 infants killed in fire at major hospital in Pakistan's Islamabad")
Hyundai Motor plans 100 new, fresh models with focus on US hybrid push
The plan, launched at Hyundai's CEO Investor Day in Seoul on Wednesday, will see South Korea's biggest automaker enter 18 new segments
 "Hyundai Motor plans 100 new, fresh models with focus on US hybrid push")
Indian oil companies to avoid Iran-blacklisted vessels amid security risks
The named vessels could be fined, detained and have their cargoes confiscated, according to a post on X from the Persian Gulf Strait Authority, a new body set up by Iran to manage Hormuz
 "Indian oil companies to avoid Iran-blacklisted vessels amid security risks")
PM Takaichi says Japan will 'protect' ICC from US push to dismantle
The sanctioning of Akane and a senior trial lawyer by the US marks the latest escalation of attacks on the court by Washington, which says the ICC has unfairly targeted the US and Israel
 "PM Takaichi says Japan will 'protect' ICC from US push to dismantle")
Trump admin weighs more trade penalties against Canada after retaliation
Trump and Carney were close to a possible deal, but talks broke down late Friday, and 50% tariffs on about $20 billion in Canadian goods came into effect just after midnight
 "Trump admin weighs more trade penalties against Canada after retaliation")
India calls on international community to safeguard critical sea lanes
At a UNSC debate, India said secure maritime routes are vital for uninterrupted supplies of food, fertilisers and fuel, warning conflicts can disrupt global trade and worsen food insecurity
 "India calls on international community to safeguard critical sea lanes")
Trump submits civil nuclear agreement with Saudi to Congress for review
The agreement was signed last month in Washington by US Energy Secretary Chris Wright and his Saudi counterpart
 "Trump submits civil nuclear agreement with Saudi to Congress for review")
Proposed additional H-1B fee could push high-value jobs overseas: FIIDS
FIIDS said an extraordinary fee could make legitimate hiring economically impractical and unintentionally encourage companies to place high-value jobs overseas
 "Proposed additional H-1B fee could push high-value jobs overseas: FIIDS")
Sikh separatist Pannun says FBI warns him of new 'credible' life threat
The threat comes as Nikhil Gupta, who pleaded guilty to federal conspiracy charges in Feb, awaits a Nov 20 sentencing in Manhattan federal court for plotting in 2023 with others to assassinate Pannun
 "Sikh separatist Pannun says FBI warns him of new 'credible' life threat")