World News

Qantas Airways to cut 850 Australian jobs, outsource work to India

The job cuts are expected to begin in mid-2027 and will initially affect Qantas' employees in finance, procurement, human resources and marketing

Nvidia CEO Jensen Huang hired crisis PR firm a year before admitting affair

Nvidia CEO Jensen Huang hired a crisis communications firm in 2025, before admitting to an affair with a former executive of Singapore-based data centre company suspected of Chinese intelligence links

COP31 opens with climate finance clash as rich, developing nations spar

An opening-day fight over climate finance and trade underlined the widening divide between developed and developing nations as COP31 began in Antalya, Türkiye

Iran sets seven conditions for peace as Trump signals war may not resume

The conditions include ending hostilities on all fronts, lifting the naval blockade near the Strait of Hormuz, easing sanctions and releasing Iranian assets held abroad

China's trade surplus tops $1 trn for 2nd straight year, exports jump 35%

China recorded a $1.04 trillion trade surplus in the January-October period, putting it on course to surpass last year's record of $1.2 trillion

Trump says Iran war is 'effectively over': How the conflict unfolded

After eight months of airstrikes, retaliatory attacks, failed negotiations and repeated ceasefire attempts, Trump says US military action in Iran is effectively over. Here's a timeline of the conflic

Trump backs Pete Hegseth as Republicans move to impeach defence secretary

Trump defended Defence Secretary Pete Hegseth amid an impeachment push by Republican Representative Thomas Massie over the Iran war, alleged extrajudicial killings and military strikes

Geopolitics takes Nvidia CEO Jensen Huang's affair scandal to a new level

Huang's disclosure of an affair with a woman identified by US authorities as a Chinese spy has triggered a board investigation, raising questions about national security and implications for AI sector

Anthropic retracts $69.3 bn IPO figures, says revised details to follow

The Claude maker had circulated details showing plans to sell 867 million shares at $70-80 apiece, before telling bankers that the pricing information was inaccurate

Australia to set up AI safety regulator with powers to penalise companies

PM Anthony Albanese said the proposed regulator will oversee AI safety, require companies to report security incidents and allow independent evaluations of their models

Trump signals end of Iran war, says further airstrikes won't be necessary

Trump said Iran's military was 'effectively over' but warned that US forces remained 'locked and loaded'. His remarks came after talks with Qatar's PM on efforts to reach a deal and end the conflict

ExxonMobil signs deal with Venezuela in step toward re-entering the country

The agreement marks a potential step towards ExxonMobil's return to Venezuela after CEO Darren Woods called the country 'uninvestable'

Asian stocks rise amid falling oil prices on hopes of US-Iran talks

Asian markets gained as Brent crude slipped 1% to $91.56 a barrel after Trump signalled a pause in further military strikes against Iran, easing inflation concerns ahead of key US price data

Boeing to cut 5% of commercial aircraft workforce amid production delay

Boeing plans to reduce its Commercial Airplanes workforce by 5%, or around 2,500 roles, as it resets production schedules to give factories and suppliers more time to stabilise output

US Senate advances bill to fast-track data centre, energy project permits

The Senate voted 73-25 to take up legislation aimed at cutting years-long permitting delays for data centres and energy projects, while ensuring data centres pay for the electricity they consume

Trump says war with Iran 'effectively over' after meeting Qatar PM

Trump said military action against Iran was no longer necessary, while warning that US forces remained ready to strike if circumstances changed

Explosion at steel plant in western Turkiye leaves 16 dead, 13 injured

Provincial Governor Suleyman Elban said that a crane fell into a furnace as it was replacing a boiler, causing an explosion in a nearby steel mill

M John Harrison wins 2026 Booker Prize for 'The End of Everything'

The 81-year-old British author becomes the oldest winner of the prestigious literary prize after a six-decade writing career, with his 198-page novel emerging victorious from the 2026 shortlist

FBI looking into Nvidia CEO Jensen Huang's affair with 'Chinese spy': Trump

US President Donald Trump said the FBI was investigating Nvidia CEO Jensen Huang's alleged ties to a Chinese government agent, but added that he did not believe the executive had reason to worry

Deportation policy 'very strong', says Trump, rules out 'amnesty'

Trump has defended his administration's deportation policy, saying he would not support an immigration deal offering amnesty to undocumented immigrants, despite openness to negotiations with Democrats