Page 844 - World News

France's looming trilemma: No confidence, no government, no budget

Does that mean France is hurtling toward a constitutional crisis? Not exactly. France's Constitution offers several scenarios that could keep the country's affairs more or less in order

President Biden offers $7.5 billion for Samsung SDI-Stellantis hub

The funding, which could easily be canceled by the incoming Trump administration if not finalized by inauguration day

Hezbollah attack draws Israeli strikes, 11 killed, ceasefire limit tested

In the United States, President-elect Donald Trump demanded the immediate release of Israeli hostages held by the Palestinian militant Hamas group in Gaza

'All hell to pay if hostages not released': Trump issues warning to Hamas

US President-elect Donald Trump said that despite global concern over the Israeli hostages, there has been no significant action taken

China announces ban on Germanium, Gallium exports to US in tit-for-tat move

Gallium, germanium, antimony and superhard materials are no longer allowed to be exported to America as an overall principle, the Ministry of Commerce said in a statement Tuesday

South Korean President Yoon Suk Yeol declares emergency martial law

He did not cite any specific threat from the nuclear-armed North, however, instead focusing on his domestic political opponents

South Korea Parliament rejects President Yeol's martial law declaration

The military said activities by parliament and political parties would be banned, and that media and publishers would be under the control of the martial law command

French govt on the brink of collapse: Here are the possible futures

A no-confidence vote is scheduled Wednesday in parliament in the wake of a divisive budget debate, with a strong chance of being successful

Russia approves $320 million management buyout of Carlsberg assets

Carlsberg, whose shares fell 1.3% in late morning trading, said it would receive a cash consideration, as well as Baltika Breweries' shareholdings in Carlsberg Azerbaijan and Carlsberg Kazakhstan

AT&T targets $18 bn in free cash flow by 2027, driven by 5G, fiber growth

The wireless carrier aims to double its fiber internet availability and enhance its 5G network, offering customers bundled discounts on high-speed fiber data and wireless phone services

Microsoft faces legal action in Britain over cloud computing licences

Microsoft in 2020 introduced new licence fees for running its software on major cloud providers

Oil prices climb nearly 1% as traders await outcome of Opec+ meet

Opec+ is likely to extend its latest round of output cuts until the end of the first quarter at its Dec 5 meeting

Over 30 killed, thousands displaced due to floods in Malaysia, Thailand

The floods have affected tourism, with Malaysian officials urging citizens to defer travel plans to southern Thailand, a popular holiday destination

Chinese chip companies say they can withstand fresh US export curbs

Capital expenditure by the Chinese chip industry next year will likely fall by $10 billion, or about 30 per cent year-on-year, to $35 billion, as a result of these curbs, Jefferies analysts said

US commerce dept expands list of Chinese firms subject to export controls

The 140 companies newly included in the so-called entity list are nearly all based in China but some are Chinese-owned businesses in Japan, South Korea and Singapore

Top cities for expats in 2024: Zurich, Vienna, & Auckland lead the pack

Switzerland's Zurich has earned the top spot for its outstanding public services, low crime rates and strong commitment to sustainability, followed by Vienna, Austria for its cultural vibrancy

Iskcon says lawyer defending Chinmoy Das attacked in Bangladesh. Details

An Iskcon spokesperson claimed that the lawyer is critically injured and undergoing treatment in the ICU

Nomura has room to cut further $187 mn in costs: CEO Kentaro Okuda

The measures come on top of Nomura's existing plan to cut 62 billion yen ($414 million) of costs in the short- and medium-term, which include optimising information technology

Trump's bizarre offer to Trudeau at meet on tariffs: Here's what happened

Justin Trudeau met US President-elect Donald Trump for dinner to discuss the Republican leader's proposed tariffs on Canada. Here's what reportedly happened at the meeting.

Trump's win forces party to reassess how it reaches voters: DNC's chairman

Harrison made similar arguments in a memo being distributed Tuesday to Democratic Party leaders and donors around the country