Category: World

Chinese technology giant Huawei said on Friday the impact of US trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit’s revenue lower by about $10 billion this year. Huawei Technologies’ $100 billion business has been hit hard since mid-May after Washington put the world’s second-largest […]

China announced on Friday it will hit United States imports worth $75 billion with new tariffs as retaliation for Washington’s planned tariff hikes, further intensifying the pair’s bruising trade war. The punitive tariffs of 5 to 10 per cent will apply to 5,078 items from the US, starting September 1 and December 15, China’s state […]

US toymaker Hasbro announced on Thursday that it is acquiring studio Entertainment One, which owns popular cartoon series “Peppa Pig” among other children’s content, for approximately $4 billion. Under the all-cash transaction, Entertainment One shareholders will receive 5.60 ($6.86) per share, according to a statement from Hasbro. In addition to Peppa Pig, the pink swine […]

French President Emmanuel Macron has met with India’s prime minister, discussing climate and other concerns ahead of the G-7 summit but also pressing for dialogue with Pakistan over the crisis in occupied Kashmir. The meeting on Thursday with Indian Prime Minister Narendra Modi was part of a marathon day of diplomacy for Macron, who is […]

Foreign Minister Shah Mahmood Qureshi wrote another letter to United Nations High Commissioner for Human Rights (OHCHR) Michelle Bachelet, directing her attention to the “seriously deteriorating human rights and humanitarian situation” in Indian-occupied Kashmir, a press statement from the Foreign Office said on Friday. Qureshi, in his letter, highlighted the “context and consequences of India’s […]

Iran’s president struck a muscular tone on dealings with the US, saying Thursday that “talks are useless” as Tehran’s nuclear deal with world powers crumbles further. President Hassan Rouhani made the comment in a speech in Tehran during the unveiling of the Bavar-373, a long-range surface-to-air missile system that he described as an improvement to […]

Genocide Watch, a global organisation dedicated to the prevention of genocide, has issued two warning alerts for India — one for the occupied territory of Kashmir and the other for Assam state. According to the website, a ‘Genocide Watch’ warning is declared by the NGO when there are signs of the early stages of a genocide in […]

Facebook Inc said on Thursday it had shut 216 social media pages, groups and accounts in Myanmar, some tied to the army, to stymie efforts to “manipulate or corrupt public debate”. The company closed 89 Facebook accounts, 107 pages, 15 groups and five Instagram accounts, some of which had hundreds of thousands of followers, it […]

South Korea will scrap an intelligence-sharing pact with Japan amid an intensifying dispute over history and trade, South Korea’s presidential office said on Thursday. The decision was made after a meeting of the presidential National Security Council. The deal was due to be automatically renewed on Saturday, unless either side decided to cancel it. Japan […]

A day after considering cutting taxes to promote economic growth, President Donald Trump on Wednesday changed course and said he would abandon the idea because the nation already had “a strong economy”. Trump’s flip-flop came after recent market volatility and economic uncertainty, and amid a debate about whether the United States was heading for a […]