Page 936 - World News

Will China's new $550 billion loan measure revive slumping property market?

China's central bank is contemplating additional measures to stimulate the country's property sector, including allowing policy banks and commercial lenders to provide loans to developers

IMF urges Pakistan to invest Rs 1.2 trillion a year for climate resilience

Fund also highlighted that proactive investment in climate-adaptive infrastructure could reduce the negative growth impact

President Zelenskyy heads to EU, Nato to seek backing for 'victory plan'

Zelenskyy will address EU leaders at their summit in Brussels before shuttling across town to meet with Nato defence ministers

TSMC bullish on outlook as AI boom drives Q3 profit past forecasts

TSMC estimated its capital spending in the current quarter would more than double to around $11.5 billion

Nokia joins Ericsson in seeing signs of recovery after mixed Q3 results

Nokia's total addressable market in telecom stands at around $84 billion

China ranks worst in internet freedom globally: US' Freedom House report

Freedom House said that China shared its designation as the world's worst environment for internet freedom with Myanmar

Nestle to restructure after it misses nine-month organic sales forecast

In July, Nestle had said it expected full-year organic sales growth of at least 3 per cent and that its UTOP margin for 2024 would grow moderately

ECB set for second straight rate cut as euro zone economy stagnates

A quarter-point cut on Thursday would lower the rate that the ECB pays on banks' deposits to 3.25 per cent and money markets almost fully price in three further reductions through next March

Human induced climate change behind recent flooding disasters in Nepal

Climate change was responsible for the extreme three day downpours in Nepal about 10 percent more intense

China woes drag down French spirits maker Pernod Ricard's Q1 sales

Pernod Ricard said it was working to mitigate the impact of the Chinese anti-dumping decision on the group's performance but did not provide details

EU thought it had new migration plan but it may be too little, too late

EU leaders want to manage and seal off their borders ever more tightly, embracing initiatives that would have looked unacceptable only a few years ago

Over 20 mn Indians contributing to our society: Saudi Arabia minister

Al-Ghamdi's statement comes after Saudi Arabia's Ministry of Media launched the 'global harmony' initiative in Riyadh

Schneider Electric to buy data centre cooling firm Motivair for $850 mn

The US is the largest market but demand for data centres is growing elsewhere too

McKinsey to cut 500 jobs in China, reducing ties with govt-linked clients

McKinsey's employee restructuring is aimed at separating its China unit from its global operations amid political pressure in the US over its work in Saudi Arabia and China

Liam Payne, former One Direction member, dies at 31 in Argentina hotel fall

Buenos Aires police said in a statement that Payne fell from the third floor of the Casa Sur Hotel in the trendy Palermo neighborhood of Argentina's capital,

China boosts funds for housing projects to support its embattled sector

In late September, the central bank announced measures including cuts in the minimum down payment ratio to 15 per cent for all buyers

US launches strikes on underground weapons storage facilities in Yemen

The Pentagon condemned Houthis for their relentless attacks on US and international vessels

Microplastic pollution is everywhere even in exhaled breath of dolphins

Tiny plastic pieces have spread all over the planet: on land, in the air and even in clouds

Aging farmers face extreme temperatures while harvesting Japan's rice crop

Toshimi Kaiami led a community project in Kamimomi that involved reviving some of the paddy fields abandoned because of the aging population

Vance says 'no' when asked whether Donald Trump lost 2020 election

During a rally in Pennsylvania on Wednesday, where Vance was asked by a reporter about his lack of straight answers so far, he was more declarative