Page 795 - World News

India's crude imports could face problems in 2025 due to geopolitical risks

The US Energy Information Administration predicted global oil price benchmark Brent to average $73.58 per barrel in 2025 in its latest short-term energy outlook

Maersk asks customers to remove cargo as workers' strike at US ports looms

According to an advisory on Maersk's website, the conditional agreement on wages is set to expire on Jan. 15. If no agreement is reached by that date, a coast-wide strike on Jan 16 is possible

Europe's Russian gas era comes to an end as Ukraine transit stops

Russia's oldest gas export route to Europe - a pipeline dating back to Soviet days - was set to shut at the end of 2024, as a five-year transit deal between Russia and Ukraine expires

World starts to welcome 2025 with light shows, embraces, ice plunges

Auckland became the first major city to celebrate, as thousands thronged downtown or climbed the city's ring of volcanic peaks for a fireworks vantage point

Dollar gains as US Fed's rate-cut rethink fuels best year since 2015

The dollar advanced against all of its major peers in 2024, with the New Zealand dollar, Norwegian krone and Japanese yen weakening the most against the US currency

Oil prices set for second annual loss in a row, stable day on day

Brent crude futures rose by 42 cents, or 0.6 per cent, to $74.41 a barrel as of 1430 GMT. US West Texas Intermediate crude gained 38 cents, or 0.5 per cent, to $71.37 a barrel

US Defence Secretary Lloyd Austin loses bid to reject 9/11 plea deals

The decision puts back on track the agreements that would have the three men plead guilty to one of the deadliest attacks ever on the US in exchange for being spared possibility of death penalty

China's Dec residential property sales stay flat in sign of stabilisation

The value of new-home sales from the 100 biggest real estate companies for the month remained unchanged from a year earlier at 451.4 billion yuan

China raises salaries of civil servants to boost consumer spending

President Xi Jinping has declared boosting domestic consumption the top priority for 2025, as his government ramps up efforts to bolster a slowing economy

From UK to US and India: World politics took a Left-Right-Left turn in 2024

The 2024 elections were a rollercoaster. Labour roared back in the UK, Trump staged a dramatic return in the US, and PM Modi retained power in India though with a lower mandate

Quadrantids Meteor Shower 2025: Date, time, and how to watch it in India?

The Quadrantids Meteor Shower peak occurs every year and it will peak on January 4, 2025. Generally, meteor showers peak for two days, but Quadrantids peak for a few hours in January

US, Boeing investigators examine site of deadly South Korean plane crash

All but two of the 181 people aboard the Boeing 737-800 operated by South Korean budget airline Jeju Air died in Sunday's crash

Elon Musk rebrands as Kekius Maximus, adopts Pepe image on X: Here's why

Ahead of the New Year, Elon Musk has changed his name to cryptocurrency Kekius Maximus and changed his profile picture to a variation of the controversial Pepe the Frog meme

Humans will soon be able to mine on the Moon; four questions to consider

Now is the time to create the rules and regulations that will protect humanity's shared future in space and ensure the Moon remains a symbol and inspiration for generations to come

Lionel Messi holds IPO for real estate assets, portfolio valued at $232 mn

His arrival in Miami has sparked a boom in interest and business for his Inter Miami team and more broadly for MLS, the main US football league

China defends Covid-19 data-sharing as WHO seeks more information access

China is also the only country that organised experts to share traceability progress with the WHO on many occasions, Mao Ning, spokesperson at the foreign ministry said

Russian missile, drone attack hits multiple targets around Ukraine's Kyiv

Around half of Ukraine's energy infrastructure has been destroyed during the war, and rolling electricity blackouts are common and widespread

China's 2024 GDP growth set to hit target of around 5%, says Xi Jinping

While a precise figure won't be available until next month, the Chinese leader's disclosure capped off a year of economic uncertainty, with the growth goal initially seen as a target without a plan

Year in review: Energy woes to AI boom, top global economic trends of 2024

From continuing energy market volatility driven by geopolitical tensions to the AI boom transforming industries, economic trends have been anything but predictable

South Korea's acting president Sang-mok calls for national harmony, unity

Republic of Korea is in an unprecedentedly serious situation, Choi said in a written statement, citing changes around global trade, diplomacy and security, as well as domestic political uncertainty