Page 664 - World News

Taiwan detects 6 Chinese aircraft, 8 vessels operating near its waters

According to Taiwan's Ministry of National Defence (MND), four of the six aircraft sorties crossed the median line and entered Taiwan's northern Air Defense Identification Zone (ADIZ)

Bezos' Blue Origin bracing for large job cuts after years of expansion

The magnitude of the job cuts wasn't immediately clear, though one of the people said it will be at least in the hundreds of jobs and potentially reach one thousand or more employees

Morgan Stanley set to sell $3 billion of X debt without any discount

It is the third transaction in a frenetic period of less than a month, during which Morgan Stanley led a group of seven Wall Street banks to sell a total of $6.5 billion in X debt

Elon Musk's all-cash bid for startup undercuts legal attack, says OpenAI

Altman has spurned the buyout offer, saying the company is not for sale

Elon Musk's X agrees to pay about $10 million to settle Trump's lawsuit

That makes X the second social media platform to settle with Trump over the suspension of his accounts following the storming of the US Capitol by his supporters in January 2021

75,000 US federal workers accept Trump's buyout programme, judge approves

The buyout is one of many approaches Trump is taking to slash a civilian workforce of 2.3 million that he has blasted as ineffective and biased against him

Trump readies tariffs on trade partners, setting up major economic showdown

It's time to be reciprocal, Trump told reporters earlier this week. You'll be hearing that word a lot. Reciprocal. If they charge us, we charge them

White House claims Gulf of Mexico has been renamed, calls it a 'fact'

Mexican President Claudia Sheinbaum has brushed off Trump's move, saying the president can use whatever name he prefers for the US portion of the water

Trump speaks to Zelenskyy, discuss meeting set to be held in Munich: WH

Ukrainian President Volodymyr Zelenskyy also took to X to share details regarding his conversation with Trump. He appreciated Trump's genuine interest in shared opportunities

Trump signs proclamations to close steel, aluminium tariff loopholes: WH

Leavitt noted that Trump continues to take bold action to protect the steel and aluminium industries of the US

JPMorgan Chase begins one of several planned layoffs for 2025: Report

The layoffs are a part of the "regular management of the business", a spokesperson said, adding that the bank still has 14,000 open positions

Chevron to cut up to 20% of global workforce amid cost-saving push

At the same time, the company is facing weak margins in its refining business, which reported a loss in the fourth quarter for the first time since 2020

Warner Bros to open its largest Harry Potter studio tour in Shanghai

The country already has one Harry Potter attraction, the Wizarding World of Harry Potter area at Universal Studios in Beijing, which opened in 2021

US defence secy Hegseth rejects troops support, Nato membership for Ukraine

The comments amounted to a major reorientation of US policy as President Donald Trump looks for ways to bring the war in Ukraine to an end

US senate confirms Tulsi Gabbard as Trump's 'director of intelligence'

Gabbard defended her meeting with Assad, saying she used the opportunity to press the Syrian leader on his human rights record

Agreed to begin talks to end Ukraine war: Trump after phone call with Putin

The call followed a prisoner swap that resulted in Russia releasing American schoolteacher Marc Fogel, of Pennsylvania, after more than three years of detention

Meta Platforms tweak accounting formula on AI servers to boost profit

By Meta's reckoning, the shift is expected to reduce the company's depreciation expense by $2.9 billion in 2025, which would, on its own, amount to almost 4% of estimated pre-tax profits for the year

Gold rises 10% in 2025 to $3,000 amid economic uncertainty from US tariffs

Gold's appeal as a haven from risk strengthened further as newly elected U.S. President Donald Trump turned to tariffs to aid struggling domestic industry, despite the risk of sparking a trade war

Opec maintains global oil demand growth forecasts for year 2025, 2026

The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand will rise by 1.45 million barrels per day (bpd) in 2025 and by 1.43 million bpd in 2026

Trump says lower interest rates would go hand-in-hand with tariffs

A Reuters poll showed the Federal Reserve was expected to wait until the next quarter before cutting rates again. Tariffs could fuel US inflation and postpone rate cuts