Page 44 - World News

Amazon receives $600 mn in tariff refunds, to reimburse some shoppers

The US government has begun issuing billions of dollars in refunds collected from importers after the Supreme Court ruled that President Donald Trump lacked the authority to impose some of the levies

Japan set to launch intelligence bureau in Takaichi's security push

The bureau, headed by veteran police official Kazuya Hara, 58, will be responsible for coordinating intelligence gathering and distilling it for a new National Intelligence Council headed by Takaichi

Trump announces deal for Hamas to disarm in Gaza but hurdles remain

The White House announcement on Thursday comes nine months after a US-brokered ceasefire was signed

Anthropic AI models hacked 3 organizations during cybersecurity tests

Anthropic said in a blog post Thursday that it made the discovery after performing a review of its own cybersecurity tests, following OpenAI's announcement of a breach

Trump weighs $100,000 fee for foreign students to work after graduation

If implemented, the fee would put a popular post-graduate visa extension out of reach for many students

Gold climbs as weaker dollar, easing inflation lift bullion prices

The dollar fell 0.8% as the yen strengthened, while traders remained on alert for possible intervention by Japanese authorities to prop up the battered currency

Iran war widens as Egypt port drone strike sparks Suez route fears

No group has claimed responsibility, the cabinet said, adding that authorities were taking measures to protect Egypt's national security

US grants Amazon's Zoox first approval for steering-wheel-free robotaxis

US regulators have allowed Amazon-owned Zoox to commercially deploy up to 2,500 steering-wheel-free robotaxis annually, subject to state approvals and added safety oversight

Meta's AI splurge lays bare its compute conundrum, cash flow shrinks by 91%

Pressed by analysts for details on Meta's plans, Zuckerberg framed compute as a scarce strategic asset that the company should keep and build around, rather than simply sell for short-term profit

Microsoft Azure revenue tops $100 bn as cloud growth hits 4-year high

Chief Financial Officer Amy Hood said she expected growth in the cloud unit to accelerate further in the current quarter, to about 45 per cent.

Samsung chip profit jumps 250-fold, signs long-term AI supply deals

The company's net profit for the quarter ended June 30 climbed to 71.27 trillion won ($49.2 billion).

Federal Reserve's 'hawkish hold' muddies path for stocks and bonds

The Fed's decision to hold rates while signalling a hawkish stance has heightened uncertainty, leaving investors to navigate volatile stock and bond markets without clear forward guidance

Fed leaves rates unchanged; three policymakers dissent in favour of a hike

Warsh, who took over as Fed chair in May, has said he has "no tolerance" for inflation that has remained above the central bank's 2 per cent target for more than five years

Social dialogue key as AI reshapes labour markets in Asia-Pacific: ILO

ILO specialist says stronger industrial relations and worker participation are essential to ensure AI-driven change improves jobs without widening inequality

Iran claims to destroy three US F-35 jets, damage three more in Jordan

Iran claims it destroyed US F-35 fighter jets at Jordan's Al-Azraq Air Base after American strikes on Qeshm Island, as tensions between Tehran and Washington escalate

US GDP grows less-than-expected at 1.5% despite strong consumer spending

US economic growth slowed to 1.5% in the second quarter as weaker net exports offset robust consumer spending and strong AI-led business investment

SpaceX tightens supply chain rules, excludes Chinese nationals, components

SpaceX is carrying out detailed supplier audits and asking partners worldwide not to deploy Chinese nationals at factories making products for the company

Hope dwindles for rescue in Japan as earthquake death toll rises to 23

Nearly 23,000 homes were still without electricity and more than 10,000 people were staying in the roughly 400 shelters, where power sources were being added to provide air conditioning

How Warner's streaming gamble sent Christopher Nolan into Universal's arms

Warner Bros' 2021 streaming strategy ended its long partnership with Christopher Nolan. Universal offered a cinema-first approach, leading to the success of Oppenheimer and The Odyssey

Jordanian air defences intercept, shoot down 5 missiles launched from Iran

The interceptions come after the US military said it had completed 'a heavy wave of strikes against Iran,' conducted in response to an earlier Iranian missile attack on a US base in Jordan