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'Crunch' time in debt ceiling talks, as McCarthy, Biden reach for a deal

Any deal would need to be a political compromise, with support from both Democrats and Republicans to pass the divided Congress

OpenAI boss downplays fears ChatGPT maker could leave Europe over AI rules

It also said that the construction was illegal and it was done without obtaining the permission envisaged under the Kerala Panchayat Building Rules

JP Morgan Chase lays off around 1,000 employees of First Republic Bank

JP Morgan Chase is laying off roughly 1,000 employees of First Republic Bank nearly a month after it was seized by regulators.

UK's Treasury chief accepts that recession may be imp to lower inflation

Higher borrowing costs are aimed at making it more expensive for individuals and businesses to borrow, which dampens demand in the economy

Russia says Ukraine attacks border regions, Moscow strike Dnipro clinic

Krasnodar Mayor Yevgeny Naumov said a residential building and an office building were damaged, but there were no casualties

Climbers celebrate Mt Everest 70th anniversary amid melting glaciers

Researchers found that the highest glacier on the mountain, the South Col Glacier, has lost more than 54 metres (177 feet) of thickness in the past 25 years

Pope Francis taps successor as archbishop of Buenos Aires: Vatican

Pope Francis tapped an Argentine bishop with years of ministry in country's prisons as his successor as archbishop of Buenos Aires

Credit Suisse owes millions to Georgia's billionaire ex-prime minister

The judgment published today is wrong and poses very significant legal issues, Credit Suisse said in a written statement

Strong earthquake shakes eastern Japan; no tsunami warning issued

A strong earthquake shook Tokyo and other areas of eastern Japan on Friday, but no tsunami warning was issued.

World Bank approves $300 million financing to help the poor in Lebanon

World Bank approved a USD 300 million additional financing to Lebanon's poor, providing cash payments to help families struggling through historic economic meltdown, institution said in a statement

British Airways cancels flights over glitch ahead of busy holiday weekend

British Airways cancelled dozens of flights on Friday due to computer problems, disrupting the plans of thousands of travellers at the start of a busy holiday weekend.

South Korean Asiana Airlines flight flies with open door, lands safely

A passenger opened a door on an Asiana Airlines flight that later landing safely at a South Korean airport Friday, airline and government officials said.

US, Chinese trade officials express concern over each other's restrictions

Commerce Secretary Gina Raimondo and her Chinese counterpart, Wang Wentao, expressed concern about policies of each other's governments

Debt ceiling talks teeter on brink, as lawmakers leave town without a deal

House Republicans pushed debt ceiling talks to the brink Thursday, displaying risky political bravado in leaving town for the holiday weekend just days before US could face an unprecedented default

Ford EV owners to get access to Tesla Supercharger network next spring

All of Ford Motor Co's current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the US and Canada starting next spring.

Allies to train Ukrainians on F-16s; Jets no magic weapons, warns Pentagon

Defense Secretary Lloyd Austin said that European allies are developing a coordinated program to train Ukrainian forces on the F-16 fighter jet

Iran unveils latest version of ballistic missile amid wider tensions

Iran unveiled on Thursday what it called the latest iteration of its liquid-fuelled Khorramshahr ballistic missile amid wider tensions with the West over its nuclear programme

Covid pill Paxlovid gets full FDA approval after a year of emergency use

Pfizer received full approval on Thursday for its COVID-19 pill Paxlovid that's been the go-to treatment against the coronavirus.

Ukrainian President delivers surprise commencement speech to Johns Hopkins

During a surprise commencement address to graduates of Johns Hopkins University on Thursday morning, Ukrainian President Volodymyr Zelenskyy told them to take advantage of the time

German airline Lufthansa signs deal to buy stake in Italy's ITA Airways

German airline Lufthansa on Thursday signed a deal with the Italian government for a minority share in the long-struggling ITA Airways, formerly Alitalia