Japan approves record $785bn budget, boosts defence spending
Japan's cabinet has approved a record-high $785 billion budget for the next fiscal year - including the largest allocation for defence spending ever....
McLaren will make motorsport history on 5 December by auctioning a 2026 Formula One car before it has turned a wheel, alongside a 2026 IndyCar and the team’s first 2027 World Endurance Hypercar, in a sale organised by RM Sotheby’s ahead of the Abu Dhabi Grand Prix.
McLaren confirmed the F1 car, set to be driven by either Oscar Piastri or Lando Norris, is part of a trio of future race chassis being offered. The IndyCar, to be raced by Mexican driver Pato O’Ward in next year’s Indianapolis 500, and the hypercar, which will contest the 2027 24 Hours of Le Mans, complete the line-up.
Chief executive Zak Brown said it would be the first time in Formula One history that a future car has been sold before its public unveiling. The 2026 model, expected to be named the MCL40 after this season’s MCL39, will be the first built under new technical and engine regulations.
The winning bidder will take delivery in 2028 and receive a 2025 show car on lease in the meantime, with behind-the-scenes team and event access included. The IndyCar and hypercar will be delivered after their respective campaigns conclude.
McLaren remains the only team to have won the motorsport ‘Triple Crown’, the Monaco Grand Prix, Indianapolis 500 and Le Mans 24 Hours, and aims to build on that legacy when it returns to endurance racing in 2027.
A majority of Russians expect the war in Ukraine to end in 2026, state pollster VTsIOM said on Wednesday, in a sign that the Kremlin could be testing public reaction to a possible peace settlement as diplomatic efforts to end the conflict intensify.
Military representatives from Cambodia and Thailand met in Chanthaburi province on Wednesday ahead of formal ceasefire talks at the 3rd special GBC meeting scheduled for 27th December.
In 2025, Ukraine lived two parallel realities: one of diplomacy filled with staged optimism, and another shaped by a war that showed no sign of letting up.
It’s been a year since an Azerbaijan Airlines plane crashed near Aktau, Kazakhstan, killing 38 people. Relatives and loved ones mourn the victims, as authorities near the final stage of their investigation.
The White House has instructed U.S. military forces to concentrate largely on enforcing a “quarantine” on Venezuelan oil exports for at least the next two months, a U.S. official told Reuters, signalling that Washington is prioritising economic pressure over direct military action against Caracas.
Director James Cameron has shared the key reasons behind the global success of Avatar: Fire and Ash, the third installment in one of the highest-grossing film franchises of all time. In an interview with China Media Group in Hainan Province, Cameron spoke about the universal appeal of the film.
Tesla CEO Elon Musk has become the world’s richest individual, with a net worth of US$749 billion, after the Delaware Supreme Court reinstated $139 billion in stock options that were voided last year, according to Forbes’ billionaires index.
A rare pair of bright-green Nike “Grinch” sneakers worn and signed by the late NBA legend Kobe Bryant have gone on public display in Beverly Hills, ahead of an auction that could set a new record for sports memorabilia.
The Games of the Future 2025 kicked off with an opening ceremony, merging physical sports and digital e-sports to create a unique "phygital" category.
In a ground-breaking development, artificial intelligence (AI) is taking on new forms in Japan, where it has extended to a more personal and intimate domain being romantic relationships.
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