World news
- World
Vice Media files for bankruptcy, lenders to purchase it for USD 225 million
San Francisco: Vice Media Group has filed for bankruptcy and the company’s lenders, Fortress Investment Group, Soros Fund Management and Monroe Capital, agreed to purchase the company for $225 million — just…
- World
Italy’s public debt exceeds USD 3 trillion for the first time
Rome: The Bank of Italy said that the country’s public debt climbed above $3 trillion in the latest reporting period. In its latest report on Monday, the central bank said that the…
- Pakistan
Pakistan seeks China’s bailout amid persistent IMF deadlock
Islamabad: Pakistan is now looking for a ‘Plan B’ for averting full fledge eruption of the balance of payment crisis if the International Monetary Fund (IMF) continues to delay the revival of…
- World
Argentina’s interest rate soars to 97 per cent as inflation reaches 100 per cent
Buenos Aires: The Central Bank of Argentina raised its key interest rate by six percentage points to 97 per cent in an effort to tackle soaring inflation that has reached 30-year highs.…
- World
Sri Lanka’s debt restructuring likely to be complete by September: IMF
Colombo: The IMF has expressed hope that Sri Lanka’s debt restructuring process would be completed by September, which is also the time for the global lender’s formal review of the bailout facility…
- World
Cyclone Mocha: Nearly 2,000 affected in Sri Lanka
Colombo: One is reportedly missing and nearly 2,000 people have been affected in Southern Sri Lanka due to the indirect influence of extremely severe cyclonic storm ‘Mocha’ in the Bay of Bengal.…
- World
Erdogan calls to refrain from early vote announcement as count underway
Ankara: Turkish President Recep Tayyip Erdogan has urged to avoid “hastily” announcing the presidential election’s results as the counting of votes is still underway. While the presidential election was held in such…
- Pakistan
Pak court warns Imran of bail cancellation for missing hearing
Islamabad: A Pakistani court on Wednesday warned former prime minister Imran Khan that it may cancel his interim bail as it expressed its staunch dissatisfaction over the Pakistan Tehreek-e-Insaaf (PTI) chief’s persistent…
- World
US reports over 10,000 weekly child Covid cases
Washington: More than 10,000 child Covid-19 cases were reported in the US in the week ending on April 27, according to the latest report by the American Academy of Pediatrics (AAP) and…
- World
Renowned MasterChef Australia judge Jock Zonfrillo passes away at 46
Jock Zonfrillo, a renowned chef and a judge on the popular TV show MasterChef Australia, has died at the age of 46. His family confirmed the news of his passing in a…
- World
Evacuation orders lifted for parts of village near Japan’s Fukushima nuke plant
Tokyo: The Japanese government on Monday lifted an evacuation order for parts of Iitate village near the disaster-hit Fukushima Daiichi nuclear power plant. The move means there are no entry restrictions currently…
- World
Man jailed for threatening British Indian ex-minister Priti Patel
London: A 65-year-old man has been jailed for five months for mailing a threatening letter to former Home Secretary Priti Patel after admitting to sending a grossly offensive letter to the Indian-origin…
- World
Chinese hackers outnumber our cyber staff 50 to 1: FBI director
New York: The US Federal Bureau of Investigation (FBI) Director Christopher Wray has revealed that Chinese hackers outnumber FBI cyber staff 50 to one. The disclosure came as the US and other…
- World
China’s Ding Liren beats Nepomniachtchi in tie-breaker to become the new World Chess Champion
Astana: China’s Ding Liren made history by becoming the 17th FIDE World Champion in chess, defeating Ian Nepomniachtchi in the final game of the tiebreak here on Sunday. Both Ding and Nepomniachtchi…