MOSCOW: Russian oil giant Lukoil will sell its overseas assets, the company said late Monday, after it was hit with US sanctions over the war in Ukraine. US President Donald Trump last week slapped Russia with his first significant sanctions package, targeting two top oil companies, Lukoil and Rosneft, after
NEW YORK: Google unveiled a plan Monday to restart a nuclear facility in Iowa to power the company’s artificial intelligence infrastructure in the latest collaboration between tech giants and electric industry players. Under an announcement with electric power company NextEra Energy, the Duane Arnold Energy Center, which shuttered in 2020, would
SEOUL: South Korea’s economy expanded 1.2 per cent in the third quarter, lifted by strong exports and a surge in consumption following government-issued spending vouchers, preliminary data from the Bank of Korea showed yesterday. Private consumption grew 1.3 per cent, marking the fastest pace in three years, as President Lee
GUANGZHOU: Passengers on the first direct flight between India and China in five years touched down on Monday, after Asia’s giants lifted a long-term air travel suspension as they cautiously rebuild relations. IndiGo flight 6E1703 from Kolkata landed in the southern Chinese city of Guangzhou shortly before 4 am (2000
MADRID: Jude Bellingham’s goal helped Real Madrid beat Barcelona 2-1 to win a tense Clasico and move five points clear of their bitter rivals at the top of La Liga on Sunday. Champions Barcelona won all four times the teams were pitted against each other last season but in his
VALENCIA: Tens of thousands of people took to the streets of Spain’s eastern city of Valencia on Saturday to mark the first anniversary of floods that killed 229 people and to denounce the handling of the disaster. Demonstrators, many carrying photos of the victims, called on regional leader Carlos Mazon
KINGSTON: Hurricane Melissa was cutting a deadly path through the Caribbean on Sunday, strengthening into a Category 3 storm as it crawled along a worryingly slow course toward Jamaica and the island of Hispaniola. Melissa has already been blamed for three deaths in Haiti this week, as its outer bands
BANGKOK: Thailand mourns the death of former Queen Sirikit, mother of King Maha Vajiralongkorn and widow of the nation’s longest-reigning monarch, who passed away Friday at 93, the palace confirmed. Prime Minister Anutin Charnvirakul described her passing as a “great loss to the nation” and said he would delay his
GENEVA (Switzerland): UN Secretary-General Antonio Guterres said Wednesday it was now clear that efforts to cap global warming at 1.5 Celsius above pre-industrial levels would fail in the short term. Ahead of next month’s COP30 climate summit in Brazil, Guterres said going beyond 1.5°C would result in “devastating” yet predictable
BEIJING: The deepening ChinaASEAN comprehensive strategic partnership continues to serve as a key anchor for regional growth and stability, injecting renewed momentum for Asia’s economic development and integration, China’s Foreign Ministry spokesperson Guo Jiakun said. Speaking at his daily press conference on Wednesday, he said China and ASEAN countries are