Page 256 - World News

US government shutdown delays release of crucial inflation figures

The Labour Department's monthly inflation data was scheduled for release Wednesday, but late last week was postponed until October 24

EU fines Gucci, Chlo and Loewe €157m for luxury price-fixing scheme

The Commission said the companies' fixing of resale prices breached the bloc's competition rules, harmed consumers and would not be accepted

China raises civil service hiring age to 38 to tackle shrinking workforce

Under the new rule, candidates must be between 18 and 38 years old to apply; those with master's or doctoral degrees can now apply until the age of 43, up from the earlier limit of 40

New Nato members Finland and Sweden to buy more US arms for Ukraine

Over the summer, NATO started to coordinate regular deliveries of large weapons packages to Ukraine to help fend off Russia's war

1 of 4 bodies handed by Hamas is not that of a hostage: Israeli military

Four bodies were handed over by Hamas on Tuesday to ease pressure on the fragile ceasefire

Russia makes more precision drones to attack Ukraine's vital rail network

In the attack in Shostka, less than 70 km from the Russian border, two explosives-laden drones struck two commuter trains in quick succession

Trump calls Brics an attack on dollar, warns of tariffs on member nations

Trump has previously labelled Brics as a coalition of countries working against US interests

Chinese airlines protest US plan to ban flights over Russian airspace

The US side has said such flights give Chinese airlines an unfair cost advantage over American carriers, which cannot cross through Russian airspace

Pakistan, IMF reach staff-level agreement for $1.2 billion loan deal

Last week, an IMF mission led by Iva Petrova concluded talks with Pakistani authorities on the second review of the EFF agreed in 2024 and the first review for the RSF climate loan agreed this year

Trump's trade war unites India and Brazil in a hunt for new markets

Government officials and business executives from Brazil and India are converging this week in New Delhi, seeking to forge new relationships and triple the countries' $12 billion trade partnership

Who is Ashley Tellis, Indian-origin expert held in US over China links?

Ashley Tellis, a leading US-India policy expert, was arrested for keeping over a thousand pages of top secret defence documents at his home

Indian-origin US strategic expert Ashley Tellis held over China links

Tellis is also a senior fellow at the Carnegie Endowment for International Peace, a Washington think tank

If they don't disarm, we will disarm them: Trump issues warning to Hamas

The President's statement on Hamas' disarmament added further clarity to the terms of the US-brokered peace agreement

We're closing up Democrat programmes, says Trump amid ongoing govt shutdown

Earlier on Tuesday, the White House Office of Management and Budget said it would continue to "ride out" the shutdown with additional reductions in force, or RIFs

IMF more upbeat about US growth, but outlook dimmer than last year

The United States' economy will expand 2 per cent in 2025, the IMF projected in its influential semiannual forecast, the World Economic Outlook

I'd be 'very upset' over Chinese military in Argentina: Trump warns Milei

During his successful campaign for president two years ago, Milei at times suggested he would oppose any deals with a communist-run Chinese government, but later softened his stance

US expects support from India, others amid China tensions: Treasury Secy

Scott Bessent's remarks come days after US President Donald Trump announced plans to impose an additional 100 per cent tariffs on China, starting November 1

Asia shares recover, dollar eases as Fed cut bets reclaim spotlight

Powell left the door open to further rate cuts on Tuesday and said the end of the central bank's long-running effort to shrink the size of its holdings may be coming into view

Philanthropist MacKenzie Scott reduces stake in Amazon by $12.6 billion

The latest disclosure, dated Sep 30, shows she holds 81.1 million shares, down 58 million from a year earlier

Na-Ranong dynasty seeks $100 mn for rare deep-water marina in Phuket

A scion of the clan is leading the sale of a 138,000 square meter deep-water marina on the Thai island that was one of the key filming locations for season three of The White Lotus