World News
Citigroup names new leaders with corporate banking focus, memo shows
Strengthening the investment banking unit is a central pillar of Jane Fraser's broader effort to revive the global financial group's performance
 "Citigroup names new leaders with corporate banking focus, memo shows")
Soaring debt in richest economies risks slower growth and instability
Record or near-record debt in the United States, Britain, France, Italy and Japan threaten to hamstring growth and sow financial instability around the globe
 "Soaring debt in richest economies risks slower growth and instability")
Boeing posts strongest delivery quarter since 2018 as sales jump nearly 60%
Boeing had 160 commercial deliveries in the quarter, more than double the 57 deliveries in the prior-year period
 "Boeing posts strongest delivery quarter since 2018 as sales jump nearly 60%")
Carney says Trump's tariff threats are bluster ahead of US-Canada FTA talks
Carney noted they are entering a review of the United StatesMexicoCanada Agreement this year and said he expects a "robust review"
 "Carney says Trump's tariff threats are bluster ahead of US-Canada FTA talks")
Meta, TikTok and YouTube to go on trial as parents allege harm to children
The trial against the social media tech giants is expected to include testimony from senior executives, including Meta chief executive Mark Zuckerberg
 "Meta, TikTok and YouTube to go on trial as parents allege harm to children")
US court orders ICE chief to explain why detainees were denied due process
The order comes a day after President Donald Trump ordered border czar Tom Homan to take over his administration's immigration crackdown in Minnesota
 "US court orders ICE chief to explain why detainees were denied due process")
Meta inks $6 bn deal with Corning for AI data center fiber cables: Report
Corning's optical connectivity products are among key components required to support the massive computing and data transmission demands at data centers
 "Meta inks $6 bn deal with Corning for AI data center fiber cables: Report")
India-EU FTA to benefit industry on both sides, spur investments: Goyal
Speaking after the conclusion of the India-EU free trade agreement, Goyal said the pact was a win-win for all sections of industry in India as well as Europe
 "India-EU FTA to benefit industry on both sides, spur investments: Goyal")
India-EU FTA to boost cooperation in maritime sector, cybersecurity: Modi
India and the European Union announced the conclusion of negotiations for the free trade agreement, which officials described as the "mother of all deals"
 "India-EU FTA to boost cooperation in maritime sector, cybersecurity: Modi")
Explained: Why the rules-based international order is being questioned
The rules-based international order, built after World War II to restrain power through law and institutions, is under scrutiny as Western leaders acknowledge gaps in how it has been applied
 "Explained: Why the rules-based international order is being questioned")
Asian shares mostly rise tracking Wall Street gains as gold edges lower
Gains for tech-related shares like Samsung Electronics, which rose 2.9 per cent, helped offset losses for automakers like Kia Corp., which fell 2 per cent
 "Asian shares mostly rise tracking Wall Street gains as gold edges lower")
UK's Starmer heads to China seeking reset in ties amid US strains
First visit by a UK leader since 2018 comes amid trade ambitions and shifting global alliances
 "UK's Starmer heads to China seeking reset in ties amid US strains")
Fed likely to keep rates unchanged as chief Powell pivots back to economics
The central bank's interest rate-setting committee is almost certain to keep its key short-term rate unchanged at about 3.6 per cent, after three straight quarter-point cuts last year
 "Fed likely to keep rates unchanged as chief Powell pivots back to economics")
French lawmakers pass bill banning under-15s from accessing social media
The ban targets popular social media apps including Meta Platforms Inc.'s Facebook and Instagram, ByteDance Ltd.'s TikTok and Snap Inc.'s Snapchat
 "French lawmakers pass bill banning under-15s from accessing social media")
Trump hikes tariffs on South Korea to 25% over inaction on trade deal
The US president hikes import taxes on autos, lumber, and drugs, following South Korea's failure to approve last year's trade agreement
 "Trump hikes tariffs on South Korea to 25% over inaction on trade deal")
Europe cannot defend itself without US support: Nato chief Mark Rutte
Tensions are festering within Nato over US President Donald Trump's renewed threats in recent weeks to annex Greenland, which is a semiautonomous territory of Nato ally Denmark
 "Europe cannot defend itself without US support: Nato chief Mark Rutte")
'Terrorism can never be normalised as Pakistan wishes to do': India at UNSC
Hitting back at Pakistan, India said it is not normal to tolerate use of terror as state policy
 "'Terrorism can never be normalised as Pakistan wishes to do': India at UNSC")
Anta Sports snares 29% stake in Puma for $1.8 bn, becomes top shareholder
The stake sale comes as the German firm seeks to revive its fortunes after it lost ground to Nike and Adidas and also faces competition from fast-growing brands like New Balance and Hoka
 "Anta Sports snares 29% stake in Puma for $1.8 bn, becomes top shareholder")
Taiwan detects 2 Chinese aircraft, 5 naval vessels around its territory
Taiwan's Ministry of National Defense said they have monitored the situation and responded
 "Taiwan detects 2 Chinese aircraft, 5 naval vessels around its territory")
Europe funding 'war' against itself: Scott Bessent on EU-India trade deal
Comments come ahead of India-EU free trade agreement talks and ongoing tariff disputes
 "Europe funding 'war' against itself: Scott Bessent on EU-India trade deal")