Page 360 - World News

WTO overhaul targets fairer trade, easier decision-making to end paralysis

Trump's sweeping tariffs have forced countries to line up to negotiate bilateral trade deals with Washington, bypassing the multilateral framework

Orthodox Party quits Israeli cabinet but throws Netanyahu a lifeline

The Shas decision means Netanyahu does not face the threat of early elections, for now, nor does it undermine his efforts to secure a possible Gaza ceasefire

Diageo CEO Debra Crew steps down, CFO Nik Jhangiani to be interim chief

Crew had led Diageo as CEO since June 2023, having joined the board as a non-executive director in 2019

Nvidia CEO downplays role in lifting US ban on chip sales to China

He met US President Donald Trump before his trip and his company announced this week it had received assurances that sales to China would be approved

US will have Indonesia-type trade deal with India: Donald Trump

The Indian team is in Washington for the fifth round of negotiations for the proposed bilateral trade agreement

Morgan Stanley profit rises as trading gains from market volatility

Institutional Securities, which houses the bank's Wall Street operations, posted revenue of $7.6 billion in the second quarter, compared with $7 billion, a year ago

Goldman's profit jumps as market turbulence powers record equities trading

The results capture a growing trend of market turmoil boosting trading desks across Wall Street as investors rebalance their portfolios to manage tariff-related risks

UK lifts 5-year ban on Pak's national carrier PIA ahead of privatisation

The UK imposed a ban on PIA in 2020 after one of its aircraft crashed into a Karachi street, resulting in the death of nearly 100 people

We will have access to India, says Trump after striking Indonesia deal

Trump announces full US market access and reduced tariff for Indonesia and says India is working along the same line in securing a trade deal

China's 600 kmph Maglev train turns 5.5-hour trip into 2.5-hour ride

China unveils its fastest ground transport yet - a 600 kmph maglev train that could cut Beijing-Shanghai travel time to 2.5 hours, combining speed of flight with safety of rail

Russia launches attacks on four Ukrainian cities, at least 15 injured

No date has yet been publicly set for a possible third round of direct peace talks between delegations from Russia and Ukraine

Tariff-free trade deal unlikely with US, says Canadian PM as deadline nears

Canada's PM Mark Carney says the chances of a tariff-free trade deal with the US are slim as Donald Trump is set to impose 35% tariffs on Canadian imports from August 1

Israel-backed aid organisation says 20 killed at distribution site in Gaza

The Gaza Humanitarian Fund said 19 people were trampled in a stampede and one person was fatally stabbed in the violence near a distribution hub in the southern Gaza city of Khan Younis

US sends third-country deportees to small African kingdom of Eswatini

The US has already deported eight men to another African nation, South Sudan, after the Supreme Court lifted restrictions on sending people to countries where they have no ties

Drones strike three oil fields in northern Iraq's Kurdistan region

Two drones attacked the DNO ASA-operated Peshkabir field around 6am local time, the Directorate General of Counter Terrorism in Kurdistan said in a statement

Democrats troll Trump and his loyal base over Jeffrey Epstein case

Conspiracy theories over Epstein's death in prison and potential evidence in his sex trafficking case, including an alleged client list, have been a fixation for the right, 1 egged on by Trump himself

Audit finds $21 mn financial irregularities in Pakistan Cricket Board

The auditors said providing security was the responsibility of governments, and disagreed with the PCB's explanation that visiting international teams were given extra safety guarantees

NASA's Roman telescope to unlock 100,000 cosmic explosions in major survey

From dying stars to feeding black holes, the Roman Space Telescope's upcoming survey is set to unlock the secrets of dark energy and the universe's most powerful blasts

China fuelling AI goals with state backing, open source, infra funding

China is quickly closing the gap with the United States in the contest to make technologies that rival the human brain

US immigration flexes authority to expand detention without bond hearing

Todd Lyons, ICE's acting director, wrote employees on July 8 that the agency was revisiting its extraordinarily broad and equally complex authority to detain people, effective immediately