Page 1228 - World News
South Korea's SK Group considers asset sales, mergers as part of overhaul
The group, best known for its chip firm SK Hynix , has become bloated over the past decade and its electric vehicle battery unit has lost billions of dollars
 "South Korea's SK Group considers asset sales, mergers as part of overhaul")
Macron warns of civil war threat if far left or right wins snap election
Macron criticised the far-right's approach to insecurity, arguing that it reduces people to their religion or their origin
 "Macron warns of civil war threat if far left or right wins snap election")
Puerto Rico's power firm suspends $65 mn worth of maintenance projects
Some of the deferred projects include maintenance of more than 100,000 light posts, fire mitigation and repairs on underground circuits, among other improvements
 "Puerto Rico's power firm suspends $65 mn worth of maintenance projects")
Rich Chinese spend millions on Shanghai's luxury property, defying crisis
Shanghai's luxury real estate market is a bright spot in China's bleak property sector
 "Rich Chinese spend millions on Shanghai's luxury property, defying crisis")
Self-confident Asia charts its own course, diversifies ties beyond West
Desire to make an Asia for Asians, without the overbearing influence of the West, is not new
 "Self-confident Asia charts its own course, diversifies ties beyond West")
Singapore costliest city for luxury spending, Hong Kong, London follow
Singapore has continued to attract the ultra-wealthy by maintaining its reputation for political and economic stability
 "Singapore costliest city for luxury spending, Hong Kong, London follow")
VP Kamala Harris, democrats target Trump on abortion ruling anniversary
Kamala Harris called the plan to overturn Roe v Wade 'premeditated'
 "VP Kamala Harris, democrats target Trump on abortion ruling anniversary")
Nvidia hits correction territory as slump wipes out $430 bn in market value
The stock fell 6.7 per cent, its third straight negative session and biggest one-day percentage drop since April
 "Nvidia hits correction territory as slump wipes out $430 bn in market value")
Ukraine set for symbolic start of EU membership talks, alongside Moldova
The two countries will have to navigate not just technical and legal obstacles to membership but also political hurdles
 "Ukraine set for symbolic start of EU membership talks, alongside Moldova")
Airbus cuts key industrial, financial targets, takes hefty space charge
Yielding to growing scepticism among suppliers over its plans for jet output, Airbus lowered its widely watched forecast for deliveries this year to around 770 jets from around 800
 "Airbus cuts key industrial, financial targets, takes hefty space charge")
Midwestern US flooding collapses rail bridge, forces evacuations, kills 2
The bridge connecting North Sioux City, South Dakota, with Sioux City, Iowa, collapsed into the Big Sioux River
 "Midwestern US flooding collapses rail bridge, forces evacuations, kills 2")
Hedging Chinese EV makers get costly with imminent tariffs from EU
After the US said in May it was planning to nearly quadruple tariffs, the European Union this month notified companies including BYD and Geely it will slap levies
 "Hedging Chinese EV makers get costly with imminent tariffs from EU")
Iran's presidential race: Candidates debate foreign policy ahead of vote
Masoud Pezeshkian, a reformist who is a member of parliament, said, We have to resolve our problems with the world, we have to resolve issues about the nuclear deal
 "Iran's presidential race: Candidates debate foreign policy ahead of vote")
US lawmakers question FDA's drug inspection programme in India and China
Two inspectors never found a single compliance issue throughout a combined 24 inspections in India
 "US lawmakers question FDA's drug inspection programme in India and China")
India key ally of US to ward off 'China threat', says Congressman Meeks
US, India and several other world powers have been discussing the need to ensure free, open and thriving Indo-Pacific in the backdrop of China's rising military manoeuvring in the resource-rich region
 "India key ally of US to ward off 'China threat', says Congressman Meeks")
Relationship between India, US is multiplicative: US envoy Garcetti
Garcetti was speaking at the event wherein India's JSW Steel announced its plans to invest $110 million in Bayton, Texas
 "Relationship between India, US is multiplicative: US envoy Garcetti")
Canada to start consultation to impose surtax on Chinese electric vehicles
Canada's move comes weeks after both the United States and the European Commission announced plans to impose higher import tariffs on Chinese EVs
 "Canada to start consultation to impose surtax on Chinese electric vehicles")
Hamas' key weapons operative Muhammad Salah killed in Israeli airstrike
The operation by Israeli Air Force came following IDF intelligence. Salah was part of a project to develop strategic weaponry for the Hamas terrorist organisation
 "Hamas' key weapons operative Muhammad Salah killed in Israeli airstrike")
US expected to send Ukraine $150 mn more in munitions to fight Russia
The continued flow of US munitions, which will be drawn from existing stockpiles, is intended to help Ukrainian forces repel intensified Russian attacks
 "US expected to send Ukraine $150 mn more in munitions to fight Russia")
WikiLeaks founder Julian Assange to plead guilty to be out of prison
Assange has been heralded by many around the world as a hero who brought to light military wrongdoing in Iraq and Afghanistan
 "WikiLeaks founder Julian Assange to plead guilty to be out of prison")