Maersk To Slash 3,500 Jobs As Profits, Revenue Plunge
Danish shipping giant Maersk said Friday it would slash 3,500 jobs as net profit and revenue plunged in the third quarter due to a sharp fall in freight rates.
First US Citizens Leave Gaza As Biden Promises Effort
President Joe Biden said Wednesday that the first US citizens were able to leave the war-hit Gaza Strip after weeks of diplomacy and mounting frustration by hundreds of US citizens trapped in the conflict.
Disney To Complete Takeover Of Hulu With $8.6 Bn Deal
The Walt Disney Company on Wednesday announced it will buy Comcast's $8.6 billion stake in Hulu, completing its takeover of the streaming service.
Shakespeare In Space To Mark First Folio 400th Anniversary
A portrait of English playwright William Shakespeare and a speech from "A Midsummer Night's Dream" have been sent into space in a weather balloon to mark the 400th anniversary of the publication of his first collected works.
Biden V Trump, The Unwanted Rematch For America's Soul
While the stakes could hardly be higher for American democracy, voters are increasingly turned off by the apparently inevitable rematch between Joe Biden and Donald Trump.
Stocks Rally And Dollar Drops On Hopes Fed Rates Have Peaked
Stocks and oil prices rose while the dollar weakened Thursday as a much-needed burst of confidence flows across world markets after the Federal Reserve hinted it has come to the end of its long-running interest rate hiking cycle.
Uruguay FM Resigns Over Leaked Calls On Fugitive Drug Trafficker
Uruguay's foreign minister resigned abruptly Wednesday, after the release of recordings in which he allegedly seeks to cover up information involving Sebastian Marset, an accused cocaine trafficker and subject of an international manhunt.
Japan PM Unveils $113 Bn Stimulus As Poll Numbers Slump
Japanese Prime Minister Fumio Kishida announced a stimulus package worth more than $100 billion on Thursday as he tries to ease the pressure from inflation and rescue his premiership with his poll ratings at a record low.
Split US Congress Quarrels Over New Aid To Israel And Ukraine
President Joe Biden wants Congress to quickly pass billions of dollars in new aid for both Israel and Ukraine, but the Republican-controlled lower chamber on Thursday is set to consider a bill that puts Kyiv on the back burner.
More Than 165,000 Afghans Flee Pakistan After Deportation Order
More than 165,000 Afghans have fled Pakistan in the month since its government ordered 1.7 million people to leave or face arrest and deportation, officials said Thursday.
Energy Giant Shell Announces Rise In Profits
British energy giant Shell on Thursday said net profit rose 4.5 percent to $7 billion in the third quarter from a year earlier, as it benefits from high oil prices.
France, Britain Hit By Record Winds Of Storm Ciaran
Storm Ciaran battered northern France with record winds of nearly 200 km per hour, killing a lorry driver, while southern England and other parts of western Europe remained on high alert Thursday amid warnings of flooding, blackouts and major travel disruptions.
Djokovic Return Win, Medvedev Loses Cool And Zverev Grinds Through
Novak Djokovic returned to the court on Wednesday, cruising past Tomas Martin Etcheverry 6-3, 6-2 and strengthening his hold on top spot in the rankings after his two closest rivals both lost at the Paris Masters.
'Dire' Economy Prompts Mass North Korean Embassy Closures
From Angola to Hong Kong, North Korea is rapidly shuttering its overseas embassies, as Pyongyang's economy sputters and Kim Jong Un embraces 'new Cold War' diplomacy with Russia, experts say.
Climate Funding Fall Shows Action 'Stalling' As Needs Grows: UN
International funding for climate resilience in developing countries slumped in 2021 despite increasingly ferocious impacts, the United Nations said Thursday, as Secretary-General Antonio Guterres warned action was "stalling" even as the need to protect people increases.
US Senate Approves Biden Pick For Israel Ambassador
Senators voted Tuesday to confirm President Joe Biden's nominee for US ambassador to Israel, filling a crucial posting that had been vacant for months as America's closest ally in the Middle East battles Hamas militants.
Yemen's Huthi Rebels Vow More Attacks On Israel
Yemen's Iran-backed Huthi rebels on Tuesday pledged more attacks against Israel if its war on Hamas in Gaza continues, saying it had already fired drones and ballistic missiles in three separate operations.
Toyota Hikes Annual Forecast As First-Half Net Profit Doubles
Toyota ramped up its annual net profit forecast to $26.1 billion on Wednesday after reporting it more than doubled in the first six months of the year.
California Jury Says Tesla's Autopilot Not To Blame In Fatal 2019 Crash
A California jury on Tuesday rejected a claim that a Tesla car involved in a fatal 2019 crash had a manufacturer's defect in its "Autopilot" self-driving feature, according to a court spokesperson.
'AI' Named Collins Word Of The Year
The abbreviation of artificial intelligence (AI) has been named the Collins Word of the Year for 2023, the dictionary publisher said on Tuesday.
China Lithium Boom Harming Fragile Tibetan Plateau: Report
China's booming electric vehicle industry is fuelling a lithium rush in the Tibetan plateau that risks damaging the troubled region's fragile ecology and deepening rights violations, research published Wednesday said.
One Year On, Peace Holds In Tigray But Ethiopia Still Fractured
An accord signed a year ago between the rivals in Ethiopia's Tigray war has brought peace to the shattered region, but ignited yet another conflict in the increasingly fractured nation.
Panic And Mortar Fire: Civilians Flee M23 Push In East DR Congo
A mother guided her bawling five-year old boy across rocks close to Bambo, a town in eastern DR Congo, as mortar fire rained down nearby.
Europe's Economic Powerhouse Tests A Shorter Working Week
Maximilian Hermann's weekend starts on Friday morning, when he puts his motorcycle helmet on and takes his bike out for a ride to the southern German Alps.
AI Anxiety As Computers Get Super Smart
From Hollywood's death-dealing Terminator to warnings from genius Stephen Hawking or Silicon Valley stars, fears have been fueled that artificial intelligence (AI) could one day destroy humanity.
Trump's Adult Sons, Codefendants In Fraud Trial, Set To Testify
Donald Trump's two adult sons are expected to begin taking the witness stand this week in the civil trial for financial fraud that threatens to deal a heavy blow to his business empire.
US Fed Likely To Hold Rates Again Despite Strong Economic Growth
The Federal Reserve is widely expected to announce Wednesday that it will keep interest rates at a 22-year high in a bid to tackle inflation without harming the buoyant US economy.
Massacre On Mali's Niger River
Regular passengers of the "Tombouctou", a ferry whose route runs along the Niger River in northern Mali, are accustomed to hearing gunfire from the riverbank during their journeys.
Singing Contest Amplifies South Africa's Opera Dreams
In his previous life, Luvo Maranti didn't read music and the only thing he knew about opera was who Luciano Pavarotti was.
Israel Presses Gaza Incursion, Vowing No 'Surrender' To Hamas
Israeli troops pushed deeper into Gaza Tuesday, driving tanks and armoured bulldozers through the rubble of shattered buildings and hunting for Hamas militants who carried out the worst attack in Israel's history.