World News

South African police announce sudden end of mine rescue operation

South African police said that rescuers would do a final sweep of the mine on Thursday to ensure no more survivors or bodies were underground

Global stocks rise on US inflation data, upbeat fourth quarter earnings

Adding to the upbeat tone for the stock market were bumper fourth-quarter results from the likes of JPMorgan, which reported its biggest annual profit on record on Wednesday

4 yrs on, US is stronger, prosperous, secure: Biden in letter to countrymen

Biden said he ran for president because he believed that the soul of America was at stake

Trump's energy department pick calls for more LNG and nuclear power

Wright supports some fossil fuel alternatives, such as small nuclear power reactors, which are not yet commercially available, and geothermal power. He has criticized solar and wind power

Pam Bondi faces tough questioning from Democrats over loyalty to Trump

If confirmed, I will work to restore confidence and integrity to the Department of Justice and each of its components, Bondi will say in her opening statement, according to a copy of her prepared

US consumer prices increase slightly above expectations in December

The consumer price index rose 0.4 per cent last month after climbing 0.3 per cent in November, the Labor Department's Bureau of Labor Statistics said

Israel, Hamas reach ceasefire agreement meant to end 15-month Gaza war

The deal, not yet formally announced, outlines a six-week initial ceasefire phase and includes the gradual withdrawal of Israeli forces from Gaza

China places SL on top of its neighbourhood diplomacy: Xi tells Dissanayake

High-quality Belt and Road cooperation and cooperation in various fields have achieved fruitful results, bringing tangible benefits to the two peoples, Xi said

Trump team asks three senior American career diplomats to resign: Report

The team overseeing the State Department's transition to the new administration, the Agency Review Team, has requested that Dereck Hogan, Marcia Bernicat and Alaina Teplitz leave their posts

SpaceX launches two pvt lunar landers towards moon in roundabout journey

The two landers rocketed away in the middle of the night from Nasa's Kennedy Space Centre, the latest in a stream of private spacecraft aiming for the moon

Poland accuses Russia of planning acts of terror against airlines globally

Polish Prime Minister Donald Tusk accused Russia on Wednesday of planning acts of sabotage worldwide that included acts of air terror against airlines.

At least 78 dead at abandoned South Africa gold mine, toll expected to rise

A specialist mining rescue company has been dropping a small cage thousands of metres (feet) into the mine to retrieve survivors and bodies

JPMorgan posts record profits as major US banks thrive in final qtr of 2024

Wells Fargo also topped profit expectations Wednesday with a nearly 50 per cent jump in net income, with earnings of $ 5.1 billion in the fourth quarter, or $ 1.43 per share

Bangladesh HC reduces ULFA leader Paresh Baruah's life term to 14 years

Baruah, who is believed to be living in China, was sentenced to death after a trial in absentia in 2014. His name also figures in the most wanted' list of India's National Investigation Agency (NIA)

Citi beats estimates for Q4 profit, cuts return targets after 'critical' yr

Shares of the third-largest U.S. lender were last up 5 per cent in premarket trading on Wednesday after Citigroup said its board has authorized a new share repurchase program

Biden bids farewell from Oval Office as Trump looms over his legacy

Biden ran for president in 2020 as a transition figure, but opted at the unprecedented age of 80 to run for reelection, convinced he was the only Democrat who could beat Trump

S Korean investigators question impeached Prez Yoon in insurrection probe

His arrest, the first ever for a sitting president in South Korea, is the latest head-spinning development in one of Asia's most vibrant democracies

Opec forecasts oil demand growth in 2026, lowers estimates for 2024

Opec, in a monthly report, said demand will rise by 1.43 million barrels per day in 2026, a similar rate to the growth of 1.45 million bpd expected this year

Xi Jinping talks with Dissanayake, pledges new era in China-Sri Lanka ties

Following this, the two sides signed several MoUs aimed at strengthening collaboration in areas such as economy, social development, and industry, it said

Pakistan cuts charging stations' power tariff by 45% to boost EV adoption

The government is also planning to introduce financing schemes for e-bikes and the conversion of two- and three-wheeled petrol vehicles