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New mega-refinery helps Kuwait to record capacity: minister

New mega-refinery helps Kuwait to record capacity: minister

Kuwait said Wednesday its refining capacity had reached a record 1.8 million barrels per day as it inaugurated one of the region's biggest refineries which started operating at full capacity in recent months.

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Why UK major firms are facing takeover attempts?

Why UK major firms are facing takeover attempts?

Mining giant Anglo American, cyber security firm Darktrace and Royal Mail parent IDS -- three major UK companies in the midst of big takeover bids.

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Anglo American nixes BHP request to extend takeover talks

Anglo American nixes BHP request to extend takeover talks

Mining giant Anglo American rejected a request by Australian rival BHP to extend talks on a $49 billion takeover offer beyond a looming Wednesday deadline, possibly ending a bid to create a copper titan.

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Blinken to announce Moldova 'support' as meets President Sandu

Blinken to announce Moldova 'support' as meets President Sandu

US Secretary of State Antony Blinken on Wednesday headed for talks with Moldova President Maia Sandu aimed at showing robust support for the frontline country's Western aspirations as alarm grows over Russian gains elsewhere.

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Hong Kong arrests 7th person under new security law for Tiananmen posts

Hong Kong arrests 7th person under new security law for Tiananmen posts

Hong Kong police arrested a seventh person on Wednesday under its new security law in relation to social media posts about commemorating Beijing's 1989 Tiananmen Square crackdown.

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Rich nations met $100 bn climate finance goal two years late: OECD

Rich nations met $100 bn climate finance goal two years late: OECD

Wealthy countries met their target of providing $100 billion in annual climate aid to poorer countries for the first time in 2022 though two years later than promised, the OECD said Wednesday.

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Stocks fall on rates outlook; oil rises on attack

Stocks fall on rates outlook; oil rises on attack

Asian and European stock markets slid Wednesday on worries over the global interest-rate outlook, while oil extended gains after an attack on a ship in the Red Sea stoked worries about crude supplies.

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Street battles, Israeli strikes rock Gaza's Rafah

Street battles, Israeli strikes rock Gaza's Rafah

Street fighting and Israeli bombardment rocked Gaza's far-southern Rafah on Wednesday, Palestinian residents and officials said, a day after Israeli tanks rolled into the centre of the city near the Egyptian border.

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Samsung Electronics workers' union announces first strike

Samsung Electronics workers' union announces first strike

A major union representing tens of thousands of people at South Korean tech giant Samsung Electronics said Wednesday that workers will go on strike for the first time, potentially threatening key global semiconductor supply chains.

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India's capital hits record 50.5 Celsius in fierce heat wave

India's capital hits record 50.5 Celsius in fierce heat wave

Temperatures in India's capital soared to a record-high 50.5 degrees Celsius (122.9 Fahrenheit) Wednesday, as authorities warn of water shortages in the sprawling mega-city.

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