Page 931 - World News

It could take 350 years for Gaza to rebuild if blockade remains: UN report

Once a ceasefire is reached, a return to the pre-October 2023 status quo would not put Gaza on the path needed for recovery and sustainable development, the report said

Joe Biden praises Slovenia PM for aiding major US-Russia prisoner swap

Deal was completed in August, and is the largest US-Russian prisoner swap in post-Soviet history, involving 24 people, many months of negotiations and concessions from other European countries

US FAA finalizes pilot training, certification rules for air taxis

Joby CEO JoeBen Bevirt said the rule "will ensure the U.S. continues to play a global leadership role in the development and adoption of clean flight."

Four US Fed policymakers favour more rate cuts, but differ on pace

The remarks provide a small taste of what's expected to be a broad but closed-door debate of the appropriate path for policy at the Fed's upcoming policy meeting, on Nov. 6-7

IMF upgrades US economic outlook, lowers expectations from Europe, China

IMF expects the US economy the world's largest to expand 2.8 per cent this year, down slightly from 2.9 per cent in 2023 but an improvement on the 2.6 per cent it had forecast for 2024 back in July

Isolationism has hurt America and world: Yellen to global finance leaders

Yellen was opening the IMF and World Bank annual meetings on Tuesday by highlighting US economic growth since the nation was in the grips of the Covid-19 pandemic

Honda recalls 780,000 vehicles in North America on fuel pump concern

Honda said because of defective high-pressure fuel pump core, cracks may form inside fuel pump, which can grow during driving, leading to possible fuel leaks or fuel smell while idling or driving

Ivory Coast expects cocoa output to grow by 10% in current season

The director of domestic marketing at the Coffee and Cocoa Council (CCC), Arsene Dadie, said although the first projections for the 2024/25 harvest showed positive signs in September

China gives $100,000 as humanitarian assistance to Sri Lanka after floods

The president's office in a statement said Chinese Ambassador Qi Zhenhong met Dissanayake and handed over the donation

Close to finalising $50 bn Ukraine loan with US contributions: US Treasury

Yellen told that the Russian sovereign assets, mostly held in Europe, will remain immobilized

Germany's disease control centre reports 1st case of new mpox variant

The Robert Koch Institute said the person was infected abroad but didn't give any further details, including on where the case was being treated

Ukraine's potato harvest drops 18% due to poor weather; inflation spikes

Often dubbed 'second bread', potatoes are a staple of the Ukrainian diet, with average consumption at about 130 kg per person a year, well above average bread consumption of up to 20 kg a year

Only US green light on Nato invitation will sway Germany: Zelenskyy

Volodymyr Zelenskyy said Russia was also likely looking at the postelection scenario in the US to assess the possibility of cease-fire talks with Ukraine

GM overcomes US sales drop; China JV losses drag Q3 profit to $3 bn

While other automakers have gotten stuck with too many high-priced vehicles when many buyers are looking for lower costs, GM has yet to see such a shift, Jacobson told reporters

South Korea hints at arming Kyiv after reports of North's troops in Russia

The officials agreed to take phased countermeasures, linking the level of their responses to progress in Russian-North Korean military cooperation, according to the statement

GE Aerospace raises profit forecast on strong demand for aftermkt services

Production issues at Boeing and Airbus have led to slower delivery of newer planes, troubling the airline industry, which is seeing unprecedented demand for air travel

Toll from Israeli strike near hospital climbs to 13, say Lebanese officials

The airstrike late Monday hit a building facing the main government hospital in the capital

Comet Tsuchinshan-Atlas dazzles in skies across world, here's how to see it

The social media has been flooded with the breathtaking pictures of the Comet Tsuchinshan-Atlas, leaving astronomers and skywatchers in awe

Here's a list of airlines suspending flights amid tensions in Middle East

The Franco-Dutch group's low-cost unit Transavia cancelled flights to and from Tel Aviv, Amman and Beirut until end-March

China's Horizon Robotics raises $696 mn in largest Hong Kong IPO of 2024

At the set price, the IPO is the largest in Hong Kong in 2024, eclipsing China Resources Beverage which on Friday finalised its $650 million new share sale. It is also the largest tech sector IPO