Page 1340 - World News

Elon Musk once again richer than Mark Zuckerberg as fortunes reverse

The two billionaires switched ranks earlier this month, when Zuckerberg, 39, overtook Musk for the first time since 2020 following news that Tesla's vehicle deliveries fell in 3 months through March

Global wine demand drops to 27-year low as prices hit record high

The fall in demand last year was particularly big in China, estimated at minus 25%

Toyota hits record annual output, sales on account of robust demand

The world's largest automaker by volume, however, saw its sales and production fall in March amid fierce competition in China, the world's largest auto market

Hyundai Motor's Q1 profit drops 2.4%, hurt by weak domestic sales

The world's No.3 automaker by sales along with affiliate Kia Corp sold 1.5 fewer vehicles, delivering 1.007 million units in the first quarter

Blinken in Shanghai; begins contentious talks with Chinese officials

Shortly after arriving, Blinken attended a Chinese basketball playoff game between the local Shanghai Sharks and the Zhejiang Golden Bulls

Business leaders urge Pak PM Shehbaz to initiate trade talks with India

There was a sense of concern among the business leaders over the political instability in the country for which they even advised the Prime Minister to take initiative as the head of the government

US attacks Russia for vetoing UNSC resolution on Outer Space Treaty

US Ambassador to the United Nations Linda Thomas-Greenfield told members of the UN Security Council that by vetoing the resolution, Russia abandoned its responsibility

Meta chief Zuckerberg asks for patience after AI push irks investors

After Meta revealed that it will spend billions of dollars more than expected this year - fueled by investments in artificial intelligence - the company's CEO did his best to soothe Wall Street

282 mn faced acute hunger in 2023, with the worst famine in Gaza: UN

South Sudan, Burkina Faso, Somalia and Mali each host many thousands also facing catastrophic hunger

Some US campuses call in police to break up pro-Palestinian demonstrations

Another 93 people were arrested Wednesday night during a protest at the University of Southern California, the Los Angeles Police Department said. There were no reports of injuries

India-Philippines defence ties should not harm third party: Chinese PLA

India delivered the first batch of the BrahMos missiles over two years after it signed a $375 million deal with the Philippines to supply the weapon systems

Tibetans call on India, other nations to press Beijing over Panchen Lama

Tsering accused the Chinese government of 'brazenly violating' fundamental human rights and freedom of the Panchen Lama

GlaxoSmithKline sues Pfizer, BioNTech over Covid-19 vaccine technology

GSK said in the lawsuit that Pfizer and BioNTech's Comirnaty vaccines violate the company's patent rights in mRNA-vaccine innovations developed "more than a decade before" the outbreak of COVID-19

US, 17 other countries urge Hamas to release hostages, end Gaza crisis

The 18 countries all have citizens held by Hamas six months after the Palestinian militant group launched its Oct. 7 assault on southern Israel and killed 1,200 people

Nasdaq down over 2%, Dow falls 500 points on US GDP growth data

Meta plunged 14.7% after the Facebook-parent forecast higher expenses and lighter-than-expected revenue

New York appeals court overturns Harvey Weinstein's 2020 rape conviction

The state Court of Appeals ruling reopens a painful chapter in America's reckoning with sexual misconduct by powerful figures an era that began in 2017 with a flood of allegations against Weinstein

Electric cars, digital connectivity dominate at Beijing auto show

Electric vehicles accounted for about a quarter of all auto sales in China last year. Hybrids, which have trailed EVs, are expected to be a growing segment going forward

Senate passes bill forcing ByteDance to divest TikTok's US ops or face ban

TikTok, which says it has not shared and would not share US user data with the Chinese government, has argued the law amounts to a ban that would violate the US free speech rights of its users

US banning TikTok? Everything you need to know about the controversy

The TikTok bill relies heavily on the control that Apple and Google maintain over their smartphone platforms

US Senate votes in favor of bill to force TikTok divestment or face ban

The measure, passed by the U.S. House of Representatives on Saturday, has been driven by concerns that China could access Americans' data or surveil them with the app