Category: World

Romanian President Nicușor Dan is preparing to nominate Eugen Tomac as prime minister, seeking to break a month-long political deadlock and restore fiscal direction in one of the European Union’s most strained economies.Tomac, a member of the European Parliament and leader of the People’s Movement Party, has emerged as the presidency’s preferred option after talks among mainstream parties failed to produce a stable governing formula. His expected nomination comes after Ilie Bolojan’s administration was brought down by a no-confidence motion

MMC Port Holdings Sdn Bhd has approached prospective bidders for a minority stake in the business, shifting attention from a delayed public listing to a private transaction that could test investor appetite for one of Southeast Asia’s most significant port platforms.The move follows the postponement of an initial public offering that had been expected to rank among Malaysia’s largest listings in more than a decade. The company, controlled through MMC Corp by Tan Sri Syed Mokhtar Al-Bukhary, had been preparing

Bull and Hon Hai Technology Group, better known as Foxconn, will manufacture artificial intelligence and cloud infrastructure in Europe under a strategic partnership designed to strengthen the region’s computing supply chain and reduce dependence on external technology providers.The project will use Foxconn’s manufacturing base in Pardubice in the Czech Republic and Bull’s factory in Angers, France, to produce AI systems and related components for European AI factories, neo-cloud providers, enterprises, research institutions and cloud service providers. The initiative is expected

FIFA has confirmed the final squad lists for the 2026 World Cup, naming a record 1,248 players across 48 national teams for the expanded tournament in Canada, Mexico and the United States.The lists mark the last major administrative step before the competition opens on 11 June, with the final scheduled for 19 July after 104 matches across the three host countries. Each participating association has submitted a 26-man squad, creating the largest pool of players ever assembled for a World

Washington and Tehran exchanged fresh military strikes across the Gulf, placing new pressure on a fragile ceasefire and raising the risk of wider disruption around one of the world’s most important energy corridors.US forces intercepted Iranian ballistic missiles and drones aimed at neighbouring Middle East countries and then struck a military ground control station on Iran’s Qeshm Island, near the Strait of Hormuz. The operation followed what the US military described as attempted attacks by Iran across the region on

Spiro has raised $215 million in equity financing to expand its electric motorcycles, battery-swapping network and energy infrastructure across Africa, marking one of the largest funding rounds for the continent’s clean mobility sector.The Nairobi-based electric mobility platform said the investment was backed by institutional investors from Europe and Africa, including Impact Fund Denmark and Equitane, alongside continuing support from long-standing partners such as FEDA. The company did not disclose the valuation attached to the round.The funding gives Spiro fresh capital

Typhoon Jangmi lashed the Tokyo metropolitan area on Wednesday, bringing heavy rain, swollen rivers, power cuts and widespread disruption to air and rail services after striking central Japan and moving towards the country’s most densely populated region.The storm, classified as a severe tropical storm as it crossed parts of Japan, pushed flood risks higher across central and eastern prefectures, with authorities warning residents in vulnerable areas to move early to safer ground. River levels rose sharply in parts of Tokyo,

Gold has overtaken US Treasuries as the world’s largest reserve asset by market value, marking a significant change in the composition of official reserves and underlining how central banks are adjusting to geopolitical risk, high debt levels and uncertainty over the dollar-based financial system.The European Central Bank’s latest review of the international monetary system shows gold accounted for 27 per cent of total official foreign reserves at the end of 2025, ahead of US Treasuries at 22 per cent and

Swiss watch exports fell sharply in April as shipments to the United States slumped from a distorted high base created last year, when brands and distributors rushed inventory across the Atlantic before higher US tariffs took effect.Exports dropped 16.6 per cent year on year to CHF2.13 billion, with the United States accounting for the largest drag on the industry’s monthly performance. Shipments to the US, still the sector’s biggest market, fell 56.4 per cent to CHF372.3 million, reversing the exceptional

Swiss watch exports fell sharply in April as shipments to the United States slumped from a distorted high base created last year, when brands and distributors rushed inventory across the Atlantic before higher US tariffs took effect.Exports dropped 16.6 per cent year on year to CHF2.13 billion, with the United States accounting for the largest drag on the industry’s monthly performance. Shipments to the US, still the sector’s biggest market, fell 56.4 per cent to CHF372.3 million, reversing the exceptional

Swiss watch exports fell sharply in April as shipments to the United States slumped from a distorted high base created last year, when brands and distributors rushed inventory across the Atlantic before higher US tariffs took effect.Exports dropped 16.6 per cent year on year to CHF2.13 billion, with the United States accounting for the largest drag on the industry’s monthly performance. Shipments to the US, still the sector’s biggest market, fell 56.4 per cent to CHF372.3 million, reversing the exceptional

Moscow’s main security agency said it had uncovered a foreign intelligence operation that placed spyware on mobile phones used by senior officials, intensifying Russia’s long-running confrontation with Western governments over cyber espionage, communications security and control of digital infrastructure.Russia’s Federal Security Service said the operation involved the compromise of thousands of devices, including phones used by officials, diplomats and people linked to government agencies. The agency alleged that foreign intelligence services had used sophisticated surveillance software to infiltrate mobile devices

Mette Frederiksen has secured a third consecutive term as Denmark’s prime minister after reaching a coalition agreement that ends nearly 10 weeks of political deadlock following the March 24 parliamentary election.The Social Democratic leader will head a centre-left minority administration made up of the Social Democrats, the Moderates, the Green Left and the Social Liberal Party. The deal keeps Frederiksen in power despite a weakened election performance and marks a shift away from the broad cross-bloc government that defined her

Johannesburg has become the opening stage for a European Union push to turn a pledged €12 billion investment package for South Africa into bankable projects, with about 200 companies joining the bloc’s first investment roadshow in the country as competition intensifies over critical minerals.The event, hosted at the Johannesburg Stock Exchange on Monday, marked the first major effort to mobilise private capital under the EU-South Africa Clean Trade and Investment Partnership signed in 2025. The roadshow is aimed at connecting

KLM has cancelled flights to and from Uganda’s Entebbe International Airport after Ebola-related travel controls made crew movements difficult, adding pressure on East Africa’s aviation links as governments tighten health screening for travellers connected to affected areas.The Dutch carrier halted Entebbe services scheduled for May 30 and June 1, saying passengers would be contacted for rebooking or refunds. The affected flights linked Amsterdam with Entebbe via Kigali, a route used by business travellers, aid workers, diplomats and Ugandans travelling through

Florida has filed a civil lawsuit against OpenAI and its chief executive Sam Altman, accusing the artificial intelligence company of knowingly releasing ChatGPT to the public despite safety warnings and alleged risks to children, vulnerable users and wider public safety.The complaint, filed in state court by Attorney General James Uthmeier, marks the first lawsuit brought by a US state against OpenAI over alleged harms linked to its chatbot. It accuses the company of deceptive and unfair trade practices, negligence and

Shareholders of ČEZ have approved a far-reaching plan to separate key customer and network assets from the Czech Republic’s dominant power utility, advancing a government-backed strategy to secure full control over the company’s core electricity generation business.The vote at the group’s general meeting marks a pivotal step in one of Central Europe’s most closely watched energy restructurings. The plan will carve out electricity and gas distribution networks, trading operations and customer sales into a separate subsidiary, creating a structure that

Video assistant referees will have wider authority at the 2026 World Cup after football’s lawmakers approved a clarification allowing intervention for clear attacking fouls committed before the ball is put into play at corners and free kicks.The change means a goal, penalty decision or disciplinary sanction can be reviewed if an attacking player blocks, holds, impedes or otherwise fouls an opponent before the set-piece is taken, provided the offence has a direct impact on what follows. It closes a gap

French police detained 780 people after celebrations over Paris Saint-Germain’s Champions League triumph turned violent across Paris and several other cities, leaving officers injured, shops damaged and vehicles set on fire during a night of disorder that overshadowed the club’s second successive European title.The unrest broke out after PSG defeated Arsenal 4-3 on penalties following a 1-1 draw at the Puskás Aréna in Budapest on Saturday, retaining the Champions League trophy and confirming their status as Europe’s dominant club side.

Millions of Ethiopians began voting on Monday in the country’s 7th General Election, a high-stakes parliamentary and regional contest expected to consolidate Prime Minister Abiy Ahmed’s ruling Prosperity Party while testing public confidence in the electoral process.More than 50 million people are registered to vote across Africa’s second most populous country, where polling stations opened after months of voter registration, candidate nominations, political campaigns, public debates and logistical preparations led by the National Election Board of Ethiopia. The vote will

Copper prices advanced in New York and London as traders moved into a decisive month for the US tariff review that could reshape global flows of the metal used across power grids, construction, electronics and defence manufacturing.Benchmark copper on the London Metal Exchange rose 0.4 per cent to $13,687.50 a tonne on Monday morning in Shanghai trading, while the US Comex contract climbed 1 per cent to $6.45 a pound, putting it on course for its highest close since mid-May.

Paris Hilton and journalist Laurie Segall have launched a 14-part TikTok investigation that names a Canadian pharmacist linked to MrDeepFakes, the shuttered website that became one of the world’s largest hubs for non-consensual AI-generated explicit videos.The series, Searching for Mr. Deepfakes, began streaming on Hilton’s TikTok channel on 27 May and follows Segall’s multi-year effort to identify the people behind the site. It places fresh public attention on David Do, a former pharmacist in the Greater Toronto Area who was

Congo has widened Ebola testing in its eastern provinces after laboratory results showed about 260 positive samples, sharpening concern that the outbreak’s true scale remains unclear despite intensified surveillance.Health authorities are working through expanded diagnostics, case tracing and community screening after suspected infections crossed 1,000, with more than 220 deaths still under investigation. The outbreak, declared on 15 May in Ituri province, has spread into North Kivu and South Kivu, while Uganda has confirmed linked cases, underscoring the risk posed

Thousands of households across southeast England were left without water or struggling with low pressure after record-breaking temperatures collided with a dry spring, placing renewed scrutiny on the resilience of Britain’s ageing water network and the performance of South East Water.The disruption reached more than 20,000 people at its height, with about 8,000 affected in Whitstable, Kent, where residents queued for bottled water and some businesses shut their doors during a busy holiday period. Areas of Kent and Sussex also