Page 965 - World News

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

Nasa's SpaceX Crew-8 mission delayed due to adverse weather; what's next?

As per Nasa's latest communication, the weather remains less than ideal for a planned undocking. Forecasts indicate that conditions may become more favourable later in the week

Weak China demand slows Holiday Inn owner IHG's revenue growth in Q3

IHG's licensing agreement with The Venetian Resort and The Palazzo in Las Vegas will end on Jan. 1, 2025, removing 7,092 rooms or about 0.7 per cent of its system from its portfolio, the owner of the

Hezbollah fires rockets at Israel as Blinken returns to push for ceasefire

Experts say Hamas and Israel remain deeply at odds and are unlikely to make significant concessions before the Nov. 5 US presidential election, which could upend US policy

Oil prices fall as Blinken visits Israel, China's weak demand weighs

US Secretary of State Antony Blinken arrived in Israel on Tuesday, the first stop on a Middle East tour in which he will seek to revive talks to end the Gaza war and defuse the spillover conflict

China holds live-fire drills near Taiwan, week after large-scale exercise

Taiwan's Defense Ministry said China's drills were part of an annual exercise and was tracking them. It cannot be ruled out that it is one of the ways to expand the deterrent effect in line with

Norway's DNB exceeds Q3 profit forecast as lending volumes increase

Europe's biggest banks are healthier than at any point since the financial crisis, but investors are seeking reassurance that they can trust their longer-term earnings power as interest rates fall

HSBC appoints Pam Kaur as first female CFO, announces major restructuring

HSBC did not say what the projected cost savings might be or indicate how many jobs would be affected, but more details could emerge when the bank reports third-quarter results on Oct. 29

UK borrowing surpasses forecasts again as Reeves prepares for budget

Alex Kerr, an economist with Capital Economics, said the figures highlighted the limited scope Reeves had to increase day-to-day spending without raising taxes

China's Q3 economic losses from natural calamities surge to $32.3 billion

In September, the financial hub of Shanghai was brought to a standstill by Typhoon Bebinca, the most powerful tropical cyclone to directly hit the city in 70 years. Earlier that month, Super Typhoon