India, China appear to mend fences as direct flights resume
India and China have resumed direct commercial flights for the first time in five years, marking a cautious thaw in relations between the two Asian gi...
Italy’s Prime Minister Giorgia Meloni says rising energy prices are the main economic concern for her government.
Speaking at the annual Confindustria meeting in Bologna, Meloni said her team is looking into whether speculation is driving prices up.
“The government is working on an analysis of the functioning of the Italian market to understand whether possible anomalies in the formation of the unique national price could be the cause of unjustified price increases,” she said.
“If there were speculations on the backs of who produces and creates employment, it would be unacceptable.”
Her remarks followed a speech by Confindustria President Emanuele Orsini, who warned that Italian businesses are struggling to stay competitive due to high energy costs.
"Our companies continue to suffer from an energy (price) surcharge of more than 35% over the European average, even reaching peaks of 80% when compared to the largest European countries," Orsini said.
He urged the government to reform energy pricing and cut overall costs for businesses, including those tied to electricity.
He also called for fewer hurdles to produce energy from renewable sources and a return to the production of nuclear energy, which was banned in Italy in 1987.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
India and China have resumed direct commercial flights for the first time in five years, marking a cautious thaw in relations between the two Asian giants.
Cameroon's incumbent President Paul Biya, 92 has been announced as the winner of the country's Presidential election amidst allegations of election irregularities.
The UN has appealed for the safe evacuation of civilians trapped in Sudan’s el-Fasher, as paramilitary forces claim to have captured the army’s main base in the city.
When Javier Milei assumed Argentina's presidency on 10 December 2023, the self-proclaimed "anarcho-capitalist" inherited one of the world's most troubled economies.
U.S. President Donald Trump said on Monday that he hoped to secure a trade deal with China to add to a series of agreements reached during his ongoing visit to Asia, as he arrived in Tokyo to a royal welcome.
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