World News

Amazon wins partial dismissal of US antitrust lawsuit for illegal monopoly

Last year, the FTC alleged Amazon.com, which has 1 billion items in its online superstore, was using an algorithm that pushed up prices US households paid by more than $1 billion

Pfizer to further reduce stake in Haleon, offers to sell 540 million share

The US company intends to sell 540 million Haleon shares, according to a statement on Monday

Royal Philips' 1st female top executive in 133-yr history begins her tenure

Charlotte Hanneman, 45, is taking over as the CFO of the Dutch maker of medical equipment, succeeding Abhijit Bhattacharya

Inflation in Europe falls below 2%, paves way for faster interest rate cuts

Tuesday's official figure coupled with an anemic growth outlook could pave the way for faster interest rate cuts from the ECB, which has already trimmed rates twice

Samsung to slash thousands of jobs as part of worldwide restructuring

The South Korean company has about 147,000 staff overseas, more than half of its total employee of more than 267,800, according to its latest sustainability report

Israel launches small ground raids against Hezbollah as fight intensifies

There were no reports of direct clashes between Israeli troops and Hezbollah militants on Lebanese soil. The last time the two enemies engaged in ground combat was a monthlong war in 2006

US labour board accuses Apple of imposing unlawful workplace rules

The complaint accuses Apple of "interfering with, restraining, and coercing employees in the exercise of" their rights under federal labor law

Iran preparing to imminently launch missile attack on Israel, warns US

The official, who spoke on the condition of anonymity to discuss the intelligence, said the US is actively supporting Israeli defensive preparations

NSA Doval dials French President Macron; conveys PM Modi's greetings

He also met the Armed Forces Minister of France and discussed enhancing bilateral defence relations and advancing space collaboration, as well as the "evolving" global situation

PepsiCo to buy Texas-based tortilla-chip maker Siete Foods for $1.2 billion

Texas-based Siete Foods, founded in 2014 by Veronica Garza, also makes products such as enchilada sauce and Mexican wedding cookies

Opec+ unlikely to recommend changes in output policy at Oct 2 panel meeting

Oil prices have fallen in 2024 with Brent crude last month slipping below $70 a barrel for the first time since 2021, pressured by concern about global demand and rising supply outside Opec+

Annual Solar eclipse 2024: Why 'Ring of fire' won't be visible in India?

The world will see an annular solar eclipse or the "Ring of Fire" eclipse, on Oct 2. This eclipse takes place when the moon passes between the Sun and Earth but does not completely block the Sun

Boeing considers raising at least $10 billion by selling stock: Report

The planemaker is working with advisers to explore its options, the report said, adding that raising equity is not likely to happen for at least a month

Houthis claim responsibility for drone attack targeting Tel Aviv, Eilat

The Israel Defence Forces confirmed intercepting a UAV several kilometres off the coast of Tel Aviv

Will EU's Oct 4 vote on Chinese EV tariffs spark a trade war with China?

In July this year, the European Union (EU) imposed additional tariffs of up to 37.6 per cent on electric vehicles (EVs) imported from China over suspicions of 'unfair' competition

Back after 300 years, conservative efforts help bring iblis back to Europe

Northern Bald Ibis bird returned to Europe after 300 years, thanks to concerted conservation efforts helping its remarkable resurgence

Russian artillery strike hit market in Ukraine city of Kherson, kills 7

The strike happened as shoppers made their way between stalls at the city centre market, regional Gov. Oleksandr Prokudin said

Taiwan warns of storm surge from Typhoon Krathon, mobilises 40,000 troops

The rail line connecting southern to eastern Taiwan was closed, though the north-south high speed line was operating as normal, albeit with enhanced safety checks for wind and debris

25 feared dead in Bangkok as school bus catches fire; rescue efforts on

Footage shared on social media captured the horrifying moment the bus was completely engulfed in flames

Bidding for Pakistan's national airline delayed to Oct 31: Officials

Pakistan's government has previously said it would sell between 51-100 per cent of the loss-making airline as part of reforms urged by the International Monetary Fund (IMF)