Page 833 - World News

Elon Musk becomes first person to reach $400 billion in net worth

On Wednesday, SpaceX and its investors agreed to purchase $1.25 billion of shares from employees and other company insiders. The deal, which values the privately held space exploration firm at about

US core inflation stays firm with 4th straight 0.3% increase, fuels concern

The so-called core consumer price index - which excludes food and energy costs - increased 0.3% for a fourth straight month, Bureau of Labor Statistics figures showed Wednesday

Syria's interim PM Bashir vows to rebuild country amid financial crisis

Two senior U.S. congressmen, a Republican and a Democrat, wrote a letter calling for Washington to suspend some sanctions on Syria. The most punishing war-time U.S. sanctions are up for renewal this

Wells Fargo CEO expresses increased confidence in regulatory fixes

The bank is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing problems from its fake-accounts scandal, Reuters reported exclusively

ReNew Energy offered to be taken private in $2.82 bln deal: US SEC filings

That represents an 11.5 per cent premium to the stock's closing price of $6.34 on Nasdaq on Dec. 10. The offer's valuation is based on a total of 398.61 million diluted shares outstanding as of Aug 1

Russia may soon launch another hypersonic missile at Ukraine: Warns US

Putin has claimed that the Oreshnik, or hazel tree, is impossible to intercept and that it has destructive power comparable to that of a nuclear weapon, even when fitted with a conventional warhead

US Supreme Court tosses case involving securities fraud suit against Nvidia

At issue was whether the plaintiffs cleared the heightened legal bar for bringing private securities fraud suits set under a 1995 federal law called the Private Securities Litigation Reform Act that

Explosion in Afghan capital kills Taliban refugee minister, 2 others

Haqqani was the most high-profile casualty of a bombing in Afghanistan since the Taliban returned to power and the first Cabinet member to be killed since the takeover

Israeli strike on Gaza kills 19, including children: Palestinian officials

Israel's retaliatory offensive has killed over 44,000 Palestinians in Gaza, according to local health officials. They say women and children make up more than half the dead but do not distinguish

AI startup sued after chatbot tells teen to kill parents over screen time

A Texas lawsuit has accused Character.AI of endangering children, alleging its chatbot suggested a teen kill his parents over screen time disputes and exposed another to harmful content

Ukraine's Zelenskyy asks for security guarantees at Paris meet with Trump

Zelenskiy believes Putin fears only Trump and possibly China in the international arena and that any lasting peace would require Washington to be 'truly strong'

TikTok challenges Canadian govt order to shut down operations in country

The company said Tuesday that it filed an application for a judicial review with the Federal Court in Vancouver on December 5, which seeks to set aside the order for TikTok to wind-up business

Oil prices rise as China's policy easing stirs demand optimism

Bloomberg News reported on Tuesday that the U.S. government was weighing harsher sanctions against Russia's lucrative oil trade, seeking to tighten the squeeze on the Kremlin's war machine just weeks

Biden approves security memo to help Trump on China, Iran, N Korea, Russia

The officials, who spoke on the condition of anonymity under ground rules set by the White House, said the classified memorandum would not be made public because of the sensitivity of its findings

Ex-South Korean defence minister attempts suicide amid martial law scandal

Kim Yong-Hyun, the former defence minister of South Korea, accused of advising President Yoon to impose martial law, attempted suicide before his arrest. He now faces rebellion charges

From book on Russian military to pills: What rebels found in Assad's palace

During their invasion of Bashar al-Assad's palace, Syrian rebel fighters made several discoveries, including luxury cars, all-terrain vehicles, motorcycles, and an armoured truck

Australian police launch operation, probe increased antisemitic attacks

Jewish leaders say prejudice against their community has reached unprecedented levels, with most incidents reported in Sydney and Melbourne

Iran intends to maintain relations with Syria even after ally's ouster

On Tuesday, Iran government's spokesperson Fatemeh Mohajerani called for 'respect for Syria's territorial integrity'

Oil prices up on China's monetary policy shift, demand expectations

Chinese crude imports grew annually for the first time in seven months in November, up more than 14 per cent from a year earlier

Chinese authorities may consider a weaker yuan as Trump trade risks loom

Letting the yuan depreciate could make Chinese exports cheaper, thus blunting the impact of tariffs, and creating looser monetary settings in mainland China