Page 1233 - World News
EU electric car sales fall in May as German demand slumps, says industry
Overall new car sales in the bloc fell by 3 per cent in May from the same month in 2023, the second drop this year
 "EU electric car sales fall in May as German demand slumps, says industry")
Russia obliterates front-line Ukraine towns by retrofitting bombs
Other cities that have been devastated by the weapons include Avdiivka, Chasiv Yar and Vovchansk, and Russia has nearly unlimited supplies of the bombs
 "Russia obliterates front-line Ukraine towns by retrofitting bombs")
Why does the rise of Nvidia and AI remind people of the dot-com boom?
Chipmaker Nvidia surpassed Microsoft to become the world's most valuable company amid the AI boom. Are there parallels with the dot-com boom and bust?
 "Why does the rise of Nvidia and AI remind people of the dot-com boom?")
India, Australia, and France pledge to work for rules-based Indo-Pacific
The overall situation in the Indo-Pacific came up for detailed deliberations at the third 'India-France-Australia trilateral focal points'
 "India, Australia, and France pledge to work for rules-based Indo-Pacific")
Amid war with Israel, bank heists have become the latest headache for Gaza
These thefts, amounting to millions of dollars, accounted for about one-third of the cash stored in now inaccessible vaults in Gaza
 "Amid war with Israel, bank heists have become the latest headache for Gaza")
New Petrobras chief sworn in amid market fears of increased govt control
President Luiz Inácio Lula da Silva, who nominated Chambriard, attended the ceremony at a Petrobras research center in Rio de Janeiro
 "New Petrobras chief sworn in amid market fears of increased govt control")
BoE may keep interest rate at 16-yr high of 5.25% despite inflation fall
Despite the welcome decline, some policymakers on the bank's Monetary Policy Committee appear to be still concerned over the scale of price increases in the crucial services sector
 "BoE may keep interest rate at 16-yr high of 5.25% despite inflation fall")
Sunita Williams stuck in space: After launch, Starliner's return delayed
Everything you need to know about Sunita Williams' space mission, Boeing Starliner setbacks and delays
 "Sunita Williams stuck in space: After launch, Starliner's return delayed")
Govt allows 2,000 tonnes non-basmati white rice exports to Malawi, Zimbabwe
According to the notification, exports of 1,000 tonnes of non-basmati rice were allowed to each of the countries
 "Govt allows 2,000 tonnes non-basmati white rice exports to Malawi, Zimbabwe")
Vaccine group Gavi seeks $11.9 bn to immunise world's poorest children
The amount will be finalised at a meeting on Thursday in Paris, where donors will make pledges for the organisation's plan for 2026-2030
 "Vaccine group Gavi seeks $11.9 bn to immunise world's poorest children")
WestJet to resume normal operations as mechanics rescind strike notice
WestJet is now attempting to resume normal operations after the airline said on Wednesday 40 flights would be cancelled over June 18-19
 "WestJet to resume normal operations as mechanics rescind strike notice")
Judge turns Houston bankruptcy court into profitable venture for girlfriend
Judge David R Jones of Houston's bankruptcy court faced allegations of bias due to his romantic relationship with attorney Elizabeth Freeman, leading to his resignation
 "Judge turns Houston bankruptcy court into profitable venture for girlfriend")
Nippon-US Steel deal may hike decarbonisation costs, say shareholders
Nippon Steel, the world's fourth biggest steelmaker, last year announced a $15 billion takeover offer for US Steel
 "Nippon-US Steel deal may hike decarbonisation costs, say shareholders")
Carrying Adidas, Nike fakes to US? Customs can destroy counterfeit goods
An individual may possess one counterfeit item per type for personal use only, not for sale. Possession of quantities exceeding this limit is prohibited, as per US Customs and Border Protection rules
 "Carrying Adidas, Nike fakes to US? Customs can destroy counterfeit goods")
Tech tycoon who wants to 'live forever' edits his own DNA on secret island
Bryan Johnson, CEO of Kernel, a leading neurotechnology firm, previously made waves by infusing his son's plasma to rejuvenate himself
 "Tech tycoon who wants to 'live forever' edits his own DNA on secret island")
Greek-owned ship sinks in Red Sea after attack by Iranian-backed Houthis
Following the attacks by the Hamas terror group, tensions have boiled in the Middle East, with key regional actors condemning the humanitarian crises caused by the war, as reported by CNN
 "Greek-owned ship sinks in Red Sea after attack by Iranian-backed Houthis")
Houthi rebels launch boat-borne attack against Greek-owned ship in Red Sea
Yemen's military spokesman Brig. Gen. Yahya Saree claimed responsibility for the attack, identifying the vessel targeted as the Liberian-flagged, Greek-owned bulk carrier Tutor
 "Houthi rebels launch boat-borne attack against Greek-owned ship in Red Sea")
Asian stocks hold on to gains; BoE in focus ahead of rate decision meeting
Apart from the BoE, investors will also watch out for central bank decisions from Switzerland and Norway on Thursday to set the tone for global rates outlook
 "Asian stocks hold on to gains; BoE in focus ahead of rate decision meeting")
Global fossil fuel use, emissions hit records in 2023, says report
Overall global primary energy consumption hit an all-time high of 620 Exajoules (EJ), the report said
 "Global fossil fuel use, emissions hit records in 2023, says report")
Deal between Putin, Kim requires immediate military assistance: North Korea
The deal could mark the strongest connection between Moscow and Pyongyang since the end of the Cold War
 "Deal between Putin, Kim requires immediate military assistance: North Korea")