Page 571 - World News

EU plans major fine for Musk's X over disinformation, may exceed $1 billion

The penalties, expected this summer, may include a hefty fine and product changes, marking the first enforcement under the EU's Digital Services Act to regulate social media content

BP Chair Helge Lund to step down by 2026 as search for successor begins

Lund had backed BP's 2020 strategy under former CEO Bernard Looney to move away from oil and gas, including an ambition to cut its hydrocarbon output by 40 per cent this decade

US tariffs risk slowing global growth significantly: ADB chief economist

US tariffs impose substantial levies on trading partners, including Southeast Asian nations, with Vietnam, Laos and Cambodia facing some of the highest rates

Trump slaps 44% tariff on quake-hit Myanmar, fuelling economic fears

Myanmar, already struggling with earthquake recovery, now faces a 44 per cent US tariff under Donald Trump's trade policy, threatening key industries and worsening its economic challenges

Sri Lanka's target to be land mines free by 2028 at risk as US reviews aid

Trump administration's suspension of aid threatens Sri Lanka's demining operations, pushing the livelihoods of thousands into uncertainty

London's Canary Wharf office vacancies hit record high amid tenant exodus

London's Canary Wharf struggles to recover from pandemic-era demand slump, even as central city areas and global hubs like New York and Paris show signs of commercial property rebound

Fliers stranded for 40 hours on Virgin Atlantic flight 'freezing in Turkey'

Over 250 passengers have been stranded for over 40 hours at Turkey's Diyarbakir airport after a Virgin Atlantic flight was cancelled due to medical and technical issues

White House sacks NSC officials after Trump meets with far-right activist

Far-right activist and conspiracy theorist Laura Loomer carried a list of people she believed were disloyal to Trump in her meeting with the US President

Donald Trump open to reducing tariffs in return for 'phenomenal' offers

Trump broadly defended his tariff program despite a stock market meltdown, saying he was happy that interest rates were falling and believed that the economic turbulence would settle

A look at turbulent life of S Korean leader Yoon ousted over martial law

Yoon was separately indicted by prosecutors for rebellion, a charge that can carry the death penalty or life imprisonment

Trump admin using new tactics to expel international students: US colleges

Students with revoked US visas now face immediate deportation orders, a shift from past policy that allowed them to remain and complete their studies

Asian stocks slid after Wall Street surrendered to hit by Trump's tariffs

Tokyo's Nikkei 225 lost 2.6 per cent to 33,818.18, and Korea's Kospi fell 0.8 per cent to 2,467.14 after the two countries pivoted to negotiating lower tariffs with Trump's administration

Canada imposes 25% tariff on US vehicle imports to counter Trump's move

Canadian PM said that the revenue generated from these tariffs would be directed toward supporting the country's auto workers and the industry

Israeli strikes kill nine in Syria as tensions rise over Turkish influence

Israel had also struck five cities in Syria late Wednesday, including more than a dozen strikes near a strategic air base in the city of Hama

Trump unveils $5 million gold card to replace investor EB-5 visa scheme

The gold card, priced at $5 million, is set to replace the EB-5 visa scheme, a 35-year-old investor visa programme offering US green card benefits to foreign nationals

South Korean court ousts President Yoon Suk Yeol after martial law debacle

South Korean President Yoon Suk Yeol was removed by the Constitutional Court following his declaration of martial law, triggering fresh elections within 60 days

Trump sued over tariffs by Florida stationery firm claiming 'severe' harm

Simplified is seeking a court order declaring the tariffs unconstitutional and finding that they were adopted in violation of the federal Administrative Procedure Act

Republicans push Trump's 'big' tax breaks, spending cuts amid tariff uproar

Work on the multitrillion-dollar package continues as markets reel from Trump's sweeping tariffs, complicating an already tough political and procedural challenge

Brown University to lose half a billion in federal funds under Trump move

In an email Thursday to campus leaders, Brown Provost Frank Doyle said the university was aware of troubling rumours about government action on its research money

19 states challenge Trump election order; 4th lawsuit filed in a week

The executive order, which was signed just a week ago, included stricter regulations and required documentary proof of citizenship to register to vote in elections