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China must resolutely prevent anyone from splitting Taiwan from us: Xi

At a symposium commemorating the 130th anniversary of the birth of former Chinese leader Mao Zedong, Xi said the motherland "must be reunified and will inevitably be reunified"

Explosions in Red Sea off Yemen's coast, unmanned aircraft sighted: UK

Two unmanned aircraft were observed before two explosions occurred 5 nautical miles from a vessel located 50 nautical miles west of Hodeidah on Yemen's west coast, the United Kingdom said

Oil extended gains as investors eye Middle East tensions, US rate cut

While hopes of rate cuts and conflict in the Red Sea have led to a rebound in crude prices, Maersk's announcement of a restart of shipping routes through the waterway has alleviated supply concerns

Payment woes delay supply of Russian Sokol oil crude to India: Report

IOC is the only state refiner that has an annual deal to buy a variety of Russian grades, including Sokol, from Russian oil major Rosneft. Sokol oil is supplied to IOC by Sakhalin-1 LLC

Foreign shareholders freeze participation in Russia's Arctic LNG 2: Report

The project, seen as a key element in Russia's drive to boost its LNG global market share to 20 per cent by 2030 from 8 per cent, was already facing difficulties due to US sanctions

Japan automakers to invest $4.3 bn in Thailand over 5 years: Thai govt

Toyota Motor and Honda Motor will invest about 50 billion baht each, while Isuzu Motors will invest 30 billion baht and Mitsubishi Motors 20 billion baht, spokesperson Chai Wacharoke said

Gaza war far from over: Netanyahu reaffirms; Israel's budget deficit swells

Israel's war with Hamas in Gaza will likely cost it at least another 50 billion shekels ($14 billion) in 2024 and result in a near-tripling of its budget deficit, the Finance Ministry said on Monday

China to provide consular assistance to Vivo employees arrested in India

India's financial crime-fighting agency last week arrested two senior employees of Vivo's India unit, a move the company vowed to challenge legally

Apple explores deals with news publishers to train its GenAI system: Report

The news organizations contacted by Apple include Conde Nast, publisher of Vogue and the New Yorker; NBC News; and IAC, which owns People, the Daily Beast and Better Homes and Gardens

British billionaire Jim Ratcliffe takes stake in Manchester United

The club said $200 million of Ratcliffe's planned investment would be paid on closing of the deal, and a further $100 million by the end of 2024

Nvidia raises $15 mn for non profits helping Israel-Hamar war-hit civilians

Employees from more than 30 countries donated a total of $5 million, which the company matched and doubled to $10 million under a special program introduced to help those affected by the war

Palestinian death toll reaches 20,424 amid Israel war: Hamas-run Gaza govt

Israel says it has achieved almost complete operational control over northern Gaza and is preparing to expand a ground offensive against Hamas militants to other areas

Tesla to recall over 120,000 vehicles in US: Road safety regulator

The Elon Musk-led automaker has released an over-the-air (OTA) software update to address the issue, the National Highway Traffic Safety Administration (NHTSA) said

Nike forecast cut rattles sportswear stocks as consumer spending stumbles

The company also laid out a $2 billion cost-saving plan on Thursday and said it was adopting a "more prudent approach" to planning for the rest of the year

Centre asks state-run banks to review top 20 insolvency cases monthly

The government has asked for reviews of insolvency cases as there are delays in admission of cases in insolvency courts

UK recession might be under way after economy shrinks in Q3: Report

Q2 output also cut to 0.0% from 0.2% growth

US new home sales fall to one-year low in Nov, decline 'likely temporary'

New home sales decreased 12.2% to a seasonally adjusted annual rate of 590,000 units last month, the lowest level since November 2022, the Commerce Department's Census Bureau said

Oil extends weekly gains, up 1% as tensions over Red Sea attacks persist

More maritime carriers are avoiding the Red Sea due to attacks on vessels carried out by the Houthi militant group, who say they are responding to Israel's war in Gaza

Aimed at boosting ties, Taiwan, Canada sign bilateral investment agreement

The Foreign Investment Promotion and Protection Arrangement is part of Canada's plan to increase trade and influence in the Indo-Pacific region

UK economy shrinks in Q3 as GDP contracts 0.1%, shows signs of recession

The medium-term outlook for the UK economy is far more optimistic than these numbers suggest," Hunt said in a statement