Consumers accused Starbucks of trying to capitalize on the desire...
Category:
International News
Latest
South Korean president orders probe into data leaks across financial industry
Lee Jae Myung, President,South Korean “The entire financial sector...
Flydubai co-pilot attacked pilot with axe in attempted ‘terrorist attack’, UAE says
The confirmation of the weapon used in the attack is also...
Climate change reshaping health outcomes and straining healthcare systems in Asia
The annual financing gap for health-focused climate adaptation across Asia-Pacific stands at approximately US$3.52 billion through to 2030, more than six times the funding currently available Mumbai:Across Asia, climate change is reshaping health...
558 people are missing in Tibet after floods that left hundreds of others also missing in Nepal
Chinese state broadcaster CCTV reported that 260 of the 558 missing people were foreigners and two villagers were rescued. At least three people were killed as of Thursday morning, it said. UDIN DHUNGA, Nepal:China’s Xinhua News Agency said Thursday that mudslides in...
Iran, Oman agree to share Strait of Hormuz revenue
“Agreements have been reached regarding each country’s share of the strait’s waters as well as Iran and Oman’s share of its revenues,” the Islamic Revolutionary Guard Corps’ spokesman Hossein Mohebbi said on Wednesday, according to the state-run Sepah News agency....
Sharia-compliant Qatar Islamic Insurance Group receives license to set up operations in GIFT-IFSC
It will be joining other leading players Abu Dhabi National Insurance Company, Doha Insurance Group and Kuwait Reinsurance Company, from the gulf region to open offices in GIFT IFSC. Mumbai:Qatar Islamic Insurance Group (QIIG), a leading Sharia-compliant insurance...
Meta reaches $16.68 billion settlement over social media harms to children
The settlement resolves claims brought by 29 U.S. states, and will end a federal trial that had been one of the highest-profile tests yet of allegations that social media companies harmed young users. Meta will impose daily usage limits and restrict nighttime usage by...
MS Amlin expands cyber portfolio with senior underwriting hires
“As market conditions evolve, we are focused on broadening out parts of our existing portfolio where we see the potential for further growth. Cyber is one of those areas, and we believe there is a clear opportunity to build a larger and more meaningful position in the...
Sudden flood sweeps through northern Nepal, Nearly 100 killed, over 750 missing
Nepal Foreign Minister Shisir Khanal told the parliament that an earthquake hit the Tibet region at 8:37 am (local time) and the flash floods were reported three minutes later, suggesting the tremors may have caused a glacial outburst which triggered the floods. The...
Some oil companies to avoid ships on Iran blacklist
Some of the tankers Iran listed are owned or chartered by Saudi Aramco and Abu Dhabi National Oil Co (ADNOC). The ships have been used for shuttling crude, refined products and liquefied natural gas (LNG) out of the Gulf for STS transfer off Fujairah in the UAE or...
Chinese hackers ramping up attacks after integrating DeepSeek
DeepSeek is the AI of choice for Chinese hackers because it’s relatively powerful with very low cyber guardrails,” said Charles Li, chief analyst at TeamT5. “Western models are highly sought-after but their guardrails are much more strict and require a lot more effort...
Japan’s Tokio Marine eyes insurer Suncorp as preferred takeover target, FT reports
Tokio Marine reviewed several takeover targets over the past months, including Insurance Australia Group (IAG) and Suncorp, as well as Canada’s Intact Financial Corp., the report said. Japanese insurer Tokio Marine has identified Australian insurer Suncorp as a...