The cancellations underscore how quickly geopolitical tensions can...
Category:
International News
Latest
Japan shuts down world’s largest nuclear plant hours after restart
TEPCO, as the utility is known, said it was forced to stop the...
Soft Market: Munich Re plans relocation of jobs to India Poland
In early January, it became known that the world's second-largest...
Red Sea, Black Sea and Panama Canal: UNCTAD raises alarm on global trade disruptions
The Suez Canal, a critical waterway connecting the Mediterranean Sea to the Red Sea, handled approximately 12% to 15% of global trade in 2023. UNCTAD estimates that the trade volume going through the Suez Canal decreased by 42% over the last two months Geneva: The...
Germany is launching a six-month trial of 4-day work week from Feb 1
A six-month programme starting from Feb 1 will grant a day off every week for hundreds of employees while keeping them on full pay. The study aims to find out if labour unions are right that it could not only leave staff healthier and happier, but also more...
Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails
China Evergrande Group is one of the biggest of a series of Chinese developers that have collapsed since 2020 under official pressure to rein in surging debt the ruling Communist Party views as a threat to China's slowing economic growth Hong Kong: A Hong Kong court...
Red Sea, China risks to US economy seem contained, White House says
Americans have faith in their personal finances while consumer goods are already seeing a slowdown in price increases Washington DC: The Untied States risks some exposure to China's economic slowdown and shipping disruptions in the Red Sea, but they appear contained,...
Bayer ordered to pay $2.25 billion in latest Roundup trial
Bayer was ordered on Friday to pay $2.25 billion to a Pennsylvania man who said he developed cancer from exposure to the company's Roundup weedkiller, the man's attorneys said. A jury in the Philadelphia Court of Common Pleas found that John McKivision's non-Hodgkins...
Italy fines first city for privacy breaches in use of AI
The authority - one of the EU's most proactive in assessing AI platform compliance with the bloc's data privacy regime - last year briefly banned popular chatbot ChatGPT in Italy ROME: Italy's privacy watchdog has fined the northern city of Trento for breaking data...
Oil tanker on fire in Gulf of Aden after missile attack by Houthis
THe US Central Command said its forces had conducted a strike at 3:45 local time on Saturday "against a Houthi anti-ship missile aimed into the Red Sea and which was prepared to launch". They "destroyed the missile in self-defence," CentCom said London: An oil tanker...
US to propose ‘know your customer’ requirements for cloud computing companies
U.S. Commerce Secretary Gina Raimondo The proposed "know your customer" regulation is set to be released as soon as next week. Top cloud providers include Amazon.com's AWS , Alphabet's Google Cloud and Microsoft's Azure unit. "We can't have non-state actors or China...
Microsoft Teams suffers mega outage, company says fixing
There were reports of Teams users not being able to log into at all, while others saw missing messages, missing attachments, delays and more. New Delhi: Microsoft Teams experienced a mega outage in several parts of the world, and the company saw “significant...
Aviation sector sees no fast tech solution to GPS interference problem
GPS interference "can pose significant challenges to aviation safety," and requires that airlines increase data-sharing on jamming and spoofing events, European Union Aviation Safety Agency(EASA) and International Air Transport Association (IATA) said in a joint...