Page 569 - World News

US Fed holds rates steady, cites risk of higher inflation, unemployment

The Fed's policy rate has been unchanged since December as officials struggle to estimate the impact of President Donald Trump's import tariffs

Disney earnings soar on resilient streaming growth, US parks revenue

"Despite questions around any macroeconomic uncertainty or the impact of competition, I'm encouraged by the strength and resilience of our business," Disney CEO Bob Iger said

Pakistan is 'trying to avoid' full-fledged war, says Defence Minister Asif

India launched Operation Sindoor early Wednesday, hitting nine terror targets in PoK and Punjab in retaliation for the terror attack in Pahalgam on April 22 that killed 26 people

World Bank unveils $1 bn support plan to boost Sri Lanka's economy

The initiative aims to expand economic opportunity, strengthen local industry and attract private capital to support long term growth, the release said

Xi Jinping arrives in Moscow on 4-day visit, attend V-Day celebrations

According to Kremlin foreign policy aide Yuri Ushakov, in a tete-a-tete over tea on Thursday, Putin and Xi are scheduled to discuss sensitive international issues

Uber shares dip as Q1 revenue misses expectations amid slow growth

Uber has struggled to match the high growth from the post-pandemic quarters and is also contending with lower ride prices with some customers seeking cheaper transport options

Who is He Lifeng, the Chinese official leading high-stakes US trade talks?

He Lifeng, China's Vice Premier and close ally of Xi Jinping, is set to lead crucial trade talks with the US in Switzerland amid rising tensions, as both sides face escalating tariffs

'Arranged at the request of the US': China on high-level trade talks

US-China trade war: Beijing urges respectful dialogue ahead of high-level trade talks with Washington in Switzerland

Trump plans to announce US will call Persian Gulf Arabian Gulf: Officials

Arab nations have pushed for a change to the geographic name of the body of water off the southern coast of Iran, while Iran has maintained its historic ties to the gulf

Russian missile-and-drones attack kills 2 people in Ukraine's capital

Eight people were also wounded in the attack, including four children, the Kyiv City Military Administration said in a post on Telegram

Do not travel to Pakistan: US government issues advisory to its citizens

This latest travel advisory for US citizens came after India launched strikes on nine terror sites in Pakistan on Wednesday

Russia to host China, Brazil leaders for 80th anniversary of WWII victory

Victory Day, which is celebrated in Russia on May 9, has become the country's most important secular holiday

Kim Jong Un urges more artillery output as North Korea deepens Russia ties

Kim urged workers to further accelerate artillery shell production, calling it crucial to strengthening the fighting efficiency of his armed forces

US Embassy warns of possible mass shooting threat at 3 sites in Honduras

The three target locations mentioned are the Elliot Dover Christian School in Tegucigalpa, the Centro Civico in Tegucigalpa, and an unnamed mall in Tegucigalpa

Cardinals begin conclave to elect new pope with faithful seeking direction

The papal conclave will begin with a single ballot on the first day and then four rounds of voting each day afterward until a candidate receives two-thirds of the vote

Operation Sindoor: Pakistan stock market bleeds, Karachi index tanks 5.5%

Karachi Stock Exchange: Operation Sindoor was conducted on the day India has planned civil defence mock drills across 244 districts

Columbia University lays off 180 after Trump pulls $400 mn for antisemitism

Those receiving non-renewal or termination notices Tuesday represent about 20 per cent of the employees funded in some manner by the terminated federal grants

China condemns CIA recruitment videos as 'provocation', vows retaliation

Foreign Ministry spokesperson Lin Jian, speaking at a briefing on Tuesday, called the CIA's campaign "a serious infringement on China's national interest and pure political provocation"

Only 21 hostages held by Hamas in Gaza now believed to be alive, says Trump

One American, Edan Alexander, had been among the 24 hostages believed to be alive, with the bodies of several other Americans also held by Hamas after its Oct. 7, 2023 assault on Israel

China cuts key rate, reserve ratio amid escalating US trade tensions

People's Bank of China cut the seven-day reverse repurchase rate to 1.4 per cent from 1.5 per cent, according to Governor Pan Gongsheng