Page 1322 - World News

BP Q1 results: Net profit slides 40% to $2.7 billion, misses forecasts

The London-based company held its dividend at 7.27 cents per share and maintained the rate of its share buyback programme at $1.75 billion over the next three months, similar to the previous quarter

Putin begins his 5th term today: Key events during his 24 years in power

On May 7, 2000, after winning election with about 53% of the vote, Putin is inaugurated for his first four-year term

Malaysia defends companies supplying weapons to Israel at defence show

More than 1,300 companies from 60 nations are participating in Defence Services Asia and the concurrent National Security Asia exhibitions that started Monday

5 workers dead, 49 still missing after building collapsed in South Africa

Authorities said a further 21 workers had been rescued from the rubble and taken to various hospitals, with at least 11 of them suffering severe injuries

Thailand extends visa waiver plan for Indian, Taiwanese tourists for 6 mths

The temporary extension follows the success of the initial waiver in November last year. Indian and Taiwanese tourists are normally eligible to stay in Thailand for 15 days under a visa-on-arrival

China suspected of UK's defence ministry payroll breach: Reports

Government suspects China was behind the hack of the armed forces payroll system that is run by an external contractor and includes data of both current and some past armed forces members

Saudi Aramco maintains $31 bn dividend despite lower net income in Q1

The Saudi government, which directly holds about 82.2 per cent of Aramco, relies heavily on the company's payouts, which also include royalties and taxes

Microsoft hit with Spanish startups' complaint over its cloud practices

The Spanish Startup Association, which represents more than 700 startups in Spain, cited a number of allegedly anti-competitive practices by Microsoft in recent years

More civilians will be killed in Rafah despite Israel's claims: Borrell

There are no safe zones in Gaza, EU's top diplomat Josep Borrell told journalists

Japan describes US President Biden's 'xenophobia' comment as regrettable

Last week Biden said "xenophobia" in economies from China to Japan and India was hobbling their growth, while arguing at a Washington fund-raising event that migration has been good for the US

Boeing stops its first astronaut launch because of Atlas rocket glitch

The decision to reschedule the flight for Friday was made after a ULA team worked overnight to test the valve and examine how serious the issue was

Sunita Williams strapped in seat when Starliner mission was called off

First crewed flight of Boeing's Starliner spaceship was to depart from the Kennedy Space Centre when launch was cancelled due to an issue with an oxygen relief valve

Amazon to spend $9 bn over next 4 yrs to expand cloud infra in Singapore

AWS also announced a collaboration with the Singapore Government, public sector organisations, and enterprises to help accelerate the adoption of AI

Floods in Southern Brazil kill at least 75 over 7 days, 103 people missing

The heavy rains were the fourth such environmental disaster in the state in a year, following floods in July, September and November 2023 that killed 75 people

Storms bring tornadoes to Oklahoma, Kansas; forecasts warn more to come

National Weather Service said that more than 3.4 million people, 1,614 schools and 159 hospitals in Oklahoma, portions of southern Kansas and far north Texas, face the most severe threat for tornadoes

China's EV maker Nio strikes deal with larger rival BYD to source batteries

Nio currently buys most of its batteries from industry-leader CATL

UBS reports income of $1.8 bn; 1st profit since Credit Suisse takeover

The group's wealth management arm reported $27 billion in net new assets for the first quarter of the year, compared to $22 billion for the three months prior

Pro-Palestinian protestors retake MIT protest site, other buildings

Sam Ihns, a graduate student at MIT studying mechanical engineering aid the group has been at the encampment for the past two weeks

Gaza may be Biden's Vietnam but ready to battle Trump, says Bernie Sanders

Privately, Sanders has felt less enthusiastic in recent days about making the political case on Biden's behalf as the Gaza crisis worsened

The 2024 Met Gala: All you need to know about theme, dress code and more

Affectionately known as 'fashion's biggest night out,' the Met Gala is an annual fundraising event for the Metropolitan Museum of Art in New York City, traditionally held on the first Monday of May'