Page 1239 - World News

Bonn climate meet: Countries make little progress on financing issues

The NCQG is the new amount that developed nations must mobilize annually starting in 2025 to support climate action in developing countries

Europe vs China: Why is EU imposing heavy tariffs on imported Chinese EVs?

EU tariff on Chinese EVs explained: The new tariffs are set to take effect from July 4, unless ongoing discussions with Chinese authorities yield a different outcome

Sri Lanka economic recovery hinges on sustaining ongoing reforms: IMF

The IMF on Thursday noted that Sri Lanka's economy has started recovering, inflation remained low, revenue collection was improving, and reserves continued to accumulate

Chinese journalist who sparked #MeToo movement gets 5-year jail term

Huang Xueqin, formerly an investigative journalist in Guangzhou, played a pivotal role in catalysing China's #MeToo movement

Microsoft to invest $7.16 bn in new data centres in northeastern Spain

Aragon's regional government said the U.S. tech giant had applied for a construction permit to build data centres at a site outside city of Zaragoza, confirming a report by local newspaper El Heraldo

EU's new AI rules: Industry opposed to revealing guarded trade secrets

The European Union's recently enacted AI Act will be implemented in phases over the next two years, giving time to regulators to enforce the new laws

PM Modi, French President discuss ways to further strengthen partnership

It is Prime Minister Modi's first foreign trip after assuming office for a third time this month. The two leaders last met when French President visited India to attend the 75th Republic Day of India

Tesla CEO Musk's pay package gets nod from 77% of votes at investor meet

In 2018, 73% of Tesla investors had voted in favor of the same pay package, which was voided by a Delaware judge this year

China successfully tests new high-payload, low-cost commercial cargo drone

HH-100 prototype has a payload capacity of 700 kg and a full range of 520 km; it may be used in fighting for forest fires or delivering relief material

Chinese military books sold for less than $1; spy agency issues warning

Chinese national Zhang came across military-themed books at the recycling station, and purchased four of them for six yuan ($0.83)

Canada's may be on track to align with Nato's military spending guidelines

Nato Secretary-General Jens Stoltenberg has said that he expects around two thirds of the alliance's 32 member countries to spending 2% of GDP on their defence budgets this year

Iran installs advanced centrifuges amid tensions high over nuke programme

So far, Iran has been enriching uranium in those cascades up to 2 per cent purity

Italian PM Giorgia Meloni welcomes guest with 'Namaste', video goes viral

The heads of G7 nations reached Italy to participate in the 2024 Summit. PM Modi also arrived in Italy to participate in the G7 meeting, where India is invited as an outreach country

Baltimore port reopens 11 weeks after Francis Scott Key Bridge collapse

The 2.6-km-long, four-lane Francis Scott Key Bridge over the Patapsco River collapsed on March 26 after the 984-foot ship Dali' crashed into it. The crew onboard the crippled ship included 20 Indians

Austrian group accuses Google of tracking users on Chrome browser

NYOB has filed a complaint with the Austrian data protection authority claiming that Google's new 'Privacy Sandbox' still allows tech giant to track browser users

Evergrande liquidation law firm probing PwC, others for potential claims

Evergrande was ordered to be liquidated by a Hong Kong court in January, after it failed to deliver a concrete restructuring plan for its $23 billion worth of offshore debt deemed to be in default

Tax burden in UK highest since 1949; election pledges won't bring relief

Election pledges not to raise tax have been common since 1997, when Tony Blair promised not to raise income tax or VAT

Bank of Japan decides to trim bond buying, keep rates steady at 0-0.1%

BOJ will continue to buy government bonds at the current pace of roughly 6 trillion yen ($38 billion) per month for now

Apple faces gender pay discrimination lawsuit, women employees seek justice

The lawsuit seeks compensation for lost wages as well as declaratory and injunctive relief for all affected women

Oil prices set for best week in over 2 months on positive demand outlook

The Organization of Petroleum Exporting Countries (OPEC) stuck to a forecast for relatively strong growth in global oil demand for 2024 and Goldman Sachs projected solid US fuel demand this summer