Page 1355 - World News

Prez Xi launches Information Support Force, a new wing of Chinese military

The leadership and structures of the PLA Space Force and the PLA Cyberspace Force have been rearranged

Climate change's 'physical risks' are increasingly catching up with banks

But as temperatures soar around the world, triggering a deadly cocktail of wildfires, storms and drought, banks are now being forced to pay greater attention to what are known as "physical risks"

Apple removes WhatsApp, Threads from its China App Store on Beijing request

US politicians have cited national security concerns in their push to force the company to either sell TikTok to a non-Chinese owner or face a ban in the US market

Sony, Apollo discuss proposal to make joint bid for Paramount Global

The competing bid, which is still being structured, would offer cash for all outstanding Paramount shares and take the company private

G7 warns of new sanctions on Iran for drone attack, urges de-escalation

Italian Foreign Minister Antonio Tajani, who chaired the meeting of ministers of industrialised countries, said the agenda of the three-day meeting was changed on Friday

Originals, steps against password sharing help Netflix add 9.33 mn users

Despite the growth, Netflix shares were down 4.6% to $582.70 at 6:03 pm New York time. They were up 25% this year through the close of regular trading Thursday

5 Japanese escape unhurt in suicide bombing attempt in Pakistan's Karachi

The security guards killed one terrorist while another blew himself up in an attempt to get close to the van

WHO says wider warning about contaminated J&J cough syrup 'likely'

Nigeria's regulator recalled a batch of Benylin syrup last Wednesday, having found a high level of diethylene glycol in the product during routine testing

P&G raises annual core profit forecast on resilient demand, price hikes

Even as P&G raised prices of its products over the last two years, demand for its daily-use items such as big name brands Tide and Pampers has held steady

American Express beats estimates on high spending by wealthy customers

''We continue to attract high-spending, high credit-quality customers to the franchise," chief executive officer Stephen Squeri said in a statement

Sundar Pichai consolidates teams to create AI products faster at Google

The changes, Pichai wrote, 'will help us work with greater focus and clarity toward our mission'

After India and Vietnam, Apple looks to manufacture products in Indonesia

American tech giant does not have a manufacturing base in Indonesia, where iPhones and Apple computers have a strong following

India delivers BrahMos missiles to Philippines as part of $375 mn deal

The export of ground systems for the BrahMos supersonic cruise missile system along with the missiles started last month itself

Dubai rains: Indian Embassy in UAE notifies travel advisory for passengers

Dubai International Airport has temporarily limited the number of inbound flights due to unprecedented weather conditions

US vetoes widely supported UNSC resolution on Palestinian statehood

Israel's Foreign Minister Israel Katz praised the US for vetoing what he called a shameful proposal

Nissan trims annual operating profit estimate by 14.5% on lower sales

Nissan's quarterly sales performance was also hurt by stronger-than-expected US demand for hybrids, Uchida said, a trend that has especially benefited rival Japanese automaker Toyota

Lufthansa executives seek to persuade EU regulators over ITA stake buy

Guillaume Loriot, the European Commission's deputy director general for mergers, and lawyers as well as officials from national competition agencies will also be there

Ukraine claims it shot down a Russian bomber; Moscow says its plane crashed

The Russian defense ministry said the warplane crashed in a deserted area in Russia's southern region of Stavropol

Taiwan tracks six Chinese PLA military aircraft and six naval vessels

China has been using grey zone tactics more frequently since September 2020, gradually expanding the number of military planes and navy vessels in the Taiwan area

Blackstone nears deal to sell S Korean pharma wholesaler to MBK Partners

The sale would mark Blackstone's first major exit in South Korea, a market in which it established a locally-based team two years ago