Page 267 - World News

Pfizer to lower prescription drug costs for Medicaid in deal with Trump

Under the agreement, New York-based Pfizer will charge most-favoured-nation pricing to Medicaid and guarantee that pricing on newly launched drugs

US government shutdown looms as lawmankers' talks fail to reach deal

The Republican-controlled Senate is expected to vote on a temporary spending bill that has failed once already, with no sign that a second vote will bring success

Boeing begins early development of new aircraft to replace 737 MAX jets

The new narrowbody aircraft programme aims to restore market confidence after 737 MAX crises and strengthen Boeing's position against Airbus

Trump sets new tariffs on lumber, wood products in bid to boost US industry

Trump said the planned actions will 'strengthen supply chains, bolster industrial resilience, create high-quality jobs and increase domestic capacity utilization for wood products'

Trump, Netanyahu back Gaza war plan; Hamas asked to free hostages in 72 hrs

Donald Trump and Benjamin Netanyahu agreed on a 20-point Gaza plan calling for an immediate ceasefire, hostages' release and a temporary Palestine board led by Trump and Tony Blair

PM Modi welcomes Trump's Gaza plan: 'Viable pathway to long term peace'

Prime Minister Narendra Modi welcomed US President Donald Trump's 20-point Gaza peace plan after he met with Israeli Prime Minister Benjamin Netanyahu

Trump to launch 'TrumpRx', to make drugs cheaper for Americans, says report

After talks with US President Donald Trump, global pharma giant Pfizer is further expected to announce a $70 billion investment in research, development and domestic manufacturing

US consumer confidence drops to five-month low on job market worries

The Conference Board's report showed the share of consumers saying jobs were plentiful declined to the lowest level since February 2021

Global air passenger traffic expected to hit 9.8 billion in 2025: Report

In the Asia Pacific region, the traffic number is forecast to reach 3.6 billion passengers in 2025, with Southern and Southeast Asia driving growth while East Asia's outlook remains cautious

UN mission urges Taliban to restore internet access across Afghanistan

The UN mission said the internet outage spread since it was first imposed by the Taliban on Sept. 16 and became nationwide on Sept. 29

Russia backs Donald Trump's Gaza peace plan, calls for end to conflict

The plan calls for an immediate halt to hostilities in Gaza and the release of all hostages held by Hamas within 72 hours

Israel invites India to help rebuild regions, hails its role in West Asia

Reuven Azar also welcomed Prime Minister Narendra Modi's reaction to the 20-point peace plan and said India can contribute significantly to the region

Nearly 10 dead in blast near Frontier Corps headquarters in Balochistan

The attack took place near Quetta's Frontier Corps (FC) headquarters and was captured on CCTV footage. Following the attack, the Balochistan Health Department imposed an emergency in hospitals

Caution sets in: Equities fall, gold hits record amid US shutdown fears

MSCI's broadest index of Asia-Pacific shares outside Japan, however, rose almost 0.5 per cent, poised for a gain of over 5 per cent this month

Six killed, at least 19 injured in powerful blast in Pakistan's Quetta

The blast occurred near Zarghoon Road in Quetta and an emergency was imposed in the hospitals across the city

World's major cities see 26% increase in extreme hot days: Study

Delhi, one of the cities where the population has grown by at least half since 2013, is among those facing worsening heat stress

Toyota claws back China market share with $15,000 electric vehicle launch

The world's biggest carmaker notched another bumper month of sales in August, putting it on track for its first annual growth in China in four years

Gaza peace proposal agreed to by Trump, Netanyahu: All you need to know

Hamas faces a bitter tradeoff the proposal demands that the militant group effectively surrender in return for uncertain gains

South Africa, Nigeria set to exit FATF's 'grey list' in October plenary

The two nations were put under heightened scrutiny by the Financial Action Task Force in February 2023 for shortcomings in tackling illicit financial flows

Kash Patel's replica pistol gifts to NZ officials destroyed under gun laws

The plastic 3D-printed replica pistols formed part of the display stands Patel presented to at least three senior New Zealand security officials in July