Page 946 - World News
US unemployment benefit claims jump to 258,000, at highest level in a year
The Labor Department reported Thursday that applications for jobless claims jumped by by 33,000 to 258,000 for the week of October 3
 "US unemployment benefit claims jump to 258,000, at highest level in a year")
After EU, Google faces painful reckoning in US as antitrust cases rev up
Google criticized the Justice Department's initial proposal as "radical," saying it would have "significant unintended consequences for consumers and businesses
 "After EU, Google faces painful reckoning in US as antitrust cases rev up")
Ethel Kennedy, social activist and widow of Robert F Kennedy, dies at 96
She founded the Robert F. Kennedy Centre for Justice and Human Rights soon after husband's death and advocated for causes including gun control and human rights
 "Ethel Kennedy, social activist and widow of Robert F Kennedy, dies at 96")
Dollar edges down against yen after signs of labour market weakness
The greenback was down 0.39 per cent at 148.71 yen after rising to as high as 149.58 yen for the first time since Aug. 2 . The euro dropped to its lowest since Aug. 9 against the dollar
 "Dollar edges down against yen after signs of labour market weakness")
WTO slightly raises 2024 goods trade forecast but wary of possible setbacks
The WTO said there is some limited upside potential to its forecast if interest rate cuts in advanced economies fuel stronger-than-expected growth without reigniting inflation
 "WTO slightly raises 2024 goods trade forecast but wary of possible setbacks")
Nobel Prize in literature awarded to South Korean author Han Kang
Kang, 53, won the International Booker Prize in 2016 for The Vegetarian, an unsettling novel in which a woman's decision to stop eating meat has devastating consequences
 "Nobel Prize in literature awarded to South Korean author Han Kang")
US consumer prices rise slightly in Sep, keep hopes of rate cut alive
The consumer price index increased 0.2 per cent last month after gaining 0.2 per cent in August, the Labor Department's Bureau of Labor Statistics said
 "US consumer prices rise slightly in Sep, keep hopes of rate cut alive")
Japan's Seven & i, facing a $47 bn Couche-Tard bid, to divest some assets
Operator of 'Seven Eleven stores'- numbering over 80,000 worldwide, has been under pressure from investors to divest from its large portfolio of peripheral businesses
 "Japan's Seven & i, facing a $47 bn Couche-Tard bid, to divest some assets")
US Immigrants demand protection for immigrants shielded from deportation
The panel hearing arguments won't rule immediately. Whatever they decide, the case will almost certainly wind up at the US Supreme Court
 "US Immigrants demand protection for immigrants shielded from deportation")
Google's Nobel prize winners stir debate over company's AI research
Former Google researcher Geoffrey Hinton, meanwhile, won the Nobel prize for physics on Tuesday, alongside US scientist John Hopfield, for earlier discoveries in machine learning
Zelenskyy to meet UK, Nato leaders as he seeks support for peace plan
Ukraine's leader last visited London in July, soon after Starmer's Labour Party government was elected, when he addressed a meeting of the British Cabinet
 "Zelenskyy to meet UK, Nato leaders as he seeks support for peace plan")
Shift to EV-only future likely to bring job losses, warns Toyota chairman
Toyota, the world's biggest automaker by sales, has been more cautious in its approach to EVs than other makers
 "Shift to EV-only future likely to bring job losses, warns Toyota chairman")
Over 3 million without power as Hurricane Milton makes landfall in Florida
About 125 homes were destroyed before the hurricane came ashore, many of them mobile homes in communities for senior citizens
 "Over 3 million without power as Hurricane Milton makes landfall in Florida")
Suspected attacks by Houthi rebels target ship in Red Sea: Officials
At least two more projectiles later fell in the waters around the vessel, which was a distance away from Hodeida, the Houthi-controlled port from which many of the rebels' attacks have been launched
 "Suspected attacks by Houthi rebels target ship in Red Sea: Officials")
China seeks deeper economic ties with Asean as South China Sea row lurks
Asean members and China have been negotiating a code of conduct to govern behavior in the strategic waterway for years but progress has been slow
 "China seeks deeper economic ties with Asean as South China Sea row lurks")
GSK agrees to settle about 80,000 Zantac lawsuits for up to $2.2 billion
Lawsuits against the companies began piling up in both state and federal courts after the US Food and Drug Administration in 2020 asked manufacturers to pull Zantac off the market
 "GSK agrees to settle about 80,000 Zantac lawsuits for up to $2.2 billion")
Uniqlo owner Fast Retailing posts 31% rise in yearly profit, beats estimate
Fast Retailing's operating profit rose 31 per cent to 500.9 billion yen ($3.35 billion) in the 12 months through August from 381.1 billion yen a year earlier
 "Uniqlo owner Fast Retailing posts 31% rise in yearly profit, beats estimate")
Hurricane Milton destroys homes, weakens as it moves across central Florida
Eye of the storm made landfall in Siesta Key, a barrier island town of some 5,400 off Sarasota about 60 miles (100 km) south of the Tampa Bay metropolitan area, home to more than 3 million people
 "Hurricane Milton destroys homes, weakens as it moves across central Florida")
US inflation likely cooled again last month in sign of healthy economy
Fewer than a third of the Republican's campaign contributions have come from donors who gave less than $200
 "US inflation likely cooled again last month in sign of healthy economy")
US inflation likely cooled again last month in sign of healthy economy
The consumer price index is expected to have risen just 2.3 per cent in September from 12 months earlier