World News

Iran threatens Gulf states of retaliation if US launches new strikes

Iran warned Gulf states of retaliation if US strikes resume, as Israel-Lebanon clashes flared and shipping firms rejected a proposed Hormuz transit arrangement

Warner Bros' misses revenue targets on soft ad sales, weak box-office

Warner Bros Discovery missed Q2 revenue estimates as weak box office and the loss of NBA broadcasts hit studio and advertising sales despite optimism over its Paramount deal

Facelift: South Korean beauty firm targets 'Ozempic face' using human fat

South Korea's L&C Bio plans an injectable skin booster from donated human fat to restore facial volume, targeting cosmetic concerns linked to GLP-1 weight-loss drugs

Congo bans copper and cobalt concentrates exports, official order says

DRC has banned exports of copper and cobalt concentrates to boost domestic processing, a move that pushed London copper prices to a six-month high

Ukraine strikes more oil facilities deep inside Russia, says Zelenskyy

President Volodymyr Zelenskyy said Ukrainian forces targeted refineries deep inside Russia as Kyiv stepped up efforts to disrupt Moscow's wartime economy

Air India's CEO pick was earlier chosen to lead Pakistan's largest airline

Tewolde Gebremariam was earlier shortlisted to head Pakistan International Airlines as it pursued a turnaround following its privatisation

Kospi down 4% as Asian shares fall on tech pullback; oil prices steady

Tech stocks led losses across Asia after Wall Street's AI-driven rally lost steam, while oil prices held in a narrow range as investors weighed prospects for an Iran peace deal

Two Israeli soldiers killed in Lebanon amid rising tensions despite truce

The Israeli military said the soldiers were killed during combat in southern Lebanon as fresh strikes followed alleged Hezbollah ceasefire violations

Iran talks going to be messy, will take time: US Vice-President JD Vance

Vance described Iran's leadership as fractured, saying negotiations would be complex while stressing Washington would use military, economic and diplomatic pressure to secure its objectives

Hiroshima marks 81 yrs since atomic bombing; mayor renews anti-nuclear call

At the annual peace ceremony, Hiroshima's mayor urged world leaders to reject nuclear deterrence and warned that ongoing conflicts risk another nuclear catastrophe

Trump's proposed Golden Fleet could cost up to $275 billion: CBO

The Congressional Budget Office estimates the proposed fleet of 15 nuclear-powered battleships could become the most expensive US warship programme ever undertaken

Trump calls Democrat El-Sayed 'man of hate' after Michigan primary victory

The US president accused Democratic Senate nominee Abdul El-Sayed of hating Jews and Israel, while the candidate rejected antisemitism and defended his positions on Gaza and US aid to Israel

US would prefer deal, says Trump, but warns Iran against nuclear ambitions

Trump maintained that Iran respected the United States after recent developments and reiterated his long-standing position that Tehran must never acquire nuclear weapons

USCIS empowers officers to deny incomplete immigration benefit requests

The US immigration agency has ended the policy that gave applicants extra time to submit missing documents, placing the burden on applicants to prove eligibility at the time of filing

Enemies tried to topple Iran but new leader kept country united: Pezeshkian

The Iranian president said external powers sought to destabilise Iran through war and sanctions, but credited Supreme Leader Mojtaba Khamenei and national unity for keeping the country resilient

Sheikh Hasina vows return to Bangladesh in December despite threats

In her first public media interaction since fleeing to India last year, the former Bangladesh prime minister called for the Awami League ban to be lifted as Dhaka criticised the event

Iran, US signal Hormuz deal near, but key differences still remain

Any breakthrough is likely to hinge on US sanctions relief and Iran's demand for a greater role in controlling the strategic waterway

Eli Lilly raises annual revenue expectation as GLP-1 drugs fuel growth

Eli Lilly raised its full-year revenue forecast after stronger-than-expected quarterly results, driven by robust demand for Mounjaro and Zepbound

Honda raises full-year forecasts, posts first profit rise in six quarters

Honda raised its full-year forecasts after quarterly profit more than doubled, aided by a weaker yen and lower US tariff-related costs

Novo outlook hike falls flat as Wegovy pill sales fail to impress

Novo Nordisk raised its 2026 outlook, but investor sentiment remained subdued as Wegovy pill sales disappointed and CagriSema faced another setback