World News

Hong Kong overtakes Switzerland as world's largest offshore wealth hub

The shift comes as global private fortunes expand at their fastest clip since 2021, defying tariffs and macroeconomic instability to reach a total of $333 trillion

US regulators poised to approve Paramount's takeover of Warner Bros

The Department of Justice staff attorneys seemed swayed by arguments from top Paramount executives that the deal would not hurt other studios and creative talent

UAE's Adnoc exports another LNG shipment through Strait of Hormuz to India

The Umm Al Ashtan, which is managed by Adnoc Logistics & Services, reappeared northwest of Muscat, Oman, loaded with a cargo and listing its destination as India

Trump set to meet Cabinet as he looks to seal deal to end Iran war

Trump is projecting confidence that he's closing in on a deal that will reopen Hormuz and provide him a credible argument that Iran's nuclear capability has been diminished enough to declare victory

Why Switzerland's 10-million population cap is worrying executives

On June 14, Switzerland will vote on a plan to cap the population at 10 million, requiring a severe reduction in immigration

China supports 'active mediation' by Pakistan between US, Iran: Wang Yi

China is the president of UNSC for May and hosted a Council debate on 'Upholding the purposes and principles of the UN Charter and strengthening the UN-centred international system'

Pak will have to face consequences for cross-border terrorism: India at UN

Parvathaneni's strong response against Pakistan came during the UNSC debate on 'Upholding the purposes and principles of the UN Charter and strengthening the UN-centred international system'

Joe Biden sues Justice Department to block release of audio, transcripts

Biden's lawyers argued that the disclosure would 'constitute an unwarranted invasion of President Biden's privacy'

Canada, Germany sign LNG deal as Carney looks to diversify from US

The official said up to 1 million metric tons (1.1 million US tons) of liquefied natural gas per year will be exported

Canada imposes 21-day self-isolation for travellers from Ebola-hit regions

An official said the measures are being implemented out of an 'abundance of caution' and will stay in place until August 29

Nasa unveils 3-phase plan for permanent moon base; 3 missions this year

Nasa unveiled a $20 billion plan to set up a permanent base on the moon, equipped with lunar rovers and drones

'False narrative': BP's ousted chairman Manifold disputes wrongdoing claims

BP unexpectedly fired Manifold on Tuesday after eight months on the job, citing 'serious concerns' related to 'governance standards, oversight and conduct'

Nasa picks Jeff Bezos' Blue Origin, Firefly, others for moon base contracts

The announcement comes after Nasa unveiled a reorganization of its internal structure on Friday, combining various departments and promoting officials into new positions

Approx $20.6 billion of tariff refunds on way to importers: US govt

However, the govt's latest declaration to the US Court of International Trade also included an admission of a significant error in its last report to federal judge overseeing the tariff refund process

1 dead, 9 missing in chemical tank implosion at Washington state mill

The facility, which employs about 1,000 people, makes material for tissues, printing paper, cups, plates, cartons and other goods

'Everything checked out perfectly': Trump wraps up 3-hour medical visit

The 79-year-old president spent more than three hours at Walter Reed National Military Medical Centre for what the White House described as preventive medical and dental checkups

Pakistan's role as mediator problematic, says US senator Lindsey Graham

Graham's remarks came as Pakistan's Defence Minister Khwaja Asif said he is not in favour of Islamabad joining the Abraham Accords

Exceptionally early heat wave shatters records, causes deaths across Europe

The UK Health Security Agency issued an amber health alert for large parts of the country through Thursday, warning of a potential health risk, particularly among older people

Israel targets new Hamas leader in Gaza, Palestinians report 3 dead

The strike came less than two weeks after Israel killed the previous head of Hamas' military wing, Izz al-Din al-Haddad

'Gone absolutely crazy': Trump again slams media coverage on Iran conflict

Trump's outburst came through a Truth Social post in which he called out the media outlets and democrats over the framing of the narrative around the conflict