Flash floods caused by heavy rains have devastated villages in northern Afghanistan, killing 315 people and injuring more than 1,600, authorities said on Sunday, as villagers buried their dead and aid agencies warned of widening havoc. Thousands of homes were damaged and livestock wiped out, the Taliban-run refugee ministry said, while aid groups warned of damage to health care facilities and vital infrastructure, such as water supply, with streets left coated in mud. In the Nahrin district of B

World News May 12, 2024

South Korea's SK Hynix has agreed to sell its nearly 50% stake in its foundry unit based in China to a Chinese state-owned enterprise, according to regulatory filings and media reports. SK Hynix System IC said in a regulatory filing that it plans to sell a 21.3% stake in its foundry unit in Wuxi to China's state-owned Wuxi Industry Development Group Company for 205.4 billion won ($150.81 million). In a separate filing, SK Hynix System IC said it will also sell its intangible assets,

Technology May 8, 2024

Korean Air will sell five of its planes to US aerospace firm Sierra Nevada Corporation, the airline said in an exchange filing on Wednesday. Sierra Nevada recently won a $13 billion US Air Force contract to develop a successor to the E-4B Nightwatch, known as the Doomsday plane due to its ability to survive a nuclear war and act as a command and control centre during emergencies. Sierra Nevada did not immediately respond to a request for comment. The Korean Air planes being sold are four-engined

Industry May 8, 2024

Israel called on civilians to evacuate parts of Rafah on Monday in what appeared to be preparation for a long-threatened assault on Hamas holdouts in the southern Gaza Strip city where more than a million war-displaced Palestinians have been sheltering. Instructed by Arabic text messages, telephone calls and flyers to move to what the Israeli military called an "expanded humanitarian zone" 20 kilometers away, some Palestinian families lumbered out under chilly spring rain, witnesses sa

World News May 6, 2024

Three Israeli soldiers were killed in a rocket attack claimed by Hamas armed wing, near the southern Gaza Strip city of Rafah, where Palestinian health officials said at least 19 people were killed by Israeli fire Sunday. Hamas's armed wing claimed responsibility on Sunday for an attack on the Kerem Shalom crossing into Gaza that Israel said killed three of its soldiers. Israel's military said 10 projectiles were launched from Rafah in southern Gaza towards the area of the crossing, wh

World News May 6, 2024

The Islamic Resistance in Iraq, a group of Iran-backed armed groups, launched multiple attacks on Israel using cruise missiles on Thursday, a source in the group said. The source told Reuters the attack was carried out with multiple Arqub-type cruise missiles and targeted the Israeli city of Tel Aviv for the first time. The Islamic Resistance in Iraq has claimed dozens of rockets and drone attacks on US forces in Iraq and Syria and on targets in Israel in the more than six months since the Israe

World News May 3, 2024

TAIPEI, Taiwan - Taiwan's quake-hit county of Hualien was rattled by dozens of aftershocks late on Monday and early on Tuesday, but only minor was damage reported and no casualties. Largely rural and sparsely populated Hualien was hit by a 7.2 magnitude earthquake on April 3 which killed at least 14 people and there have been more than 1,000 aftershocks since. Buildings shook across large parts of northern, eastern and western Taiwan, including in the capital Taipei, swayed throughout the n

World News April 23, 2024

United Nations Secretary-General Antonio Guterres on Sunday warned members not to further escalate tensions with reprisals against Iran, while the US warned the Security Council it would work to hold Tehran accountable at the UN. Guterres, speaking to a meeting of the UN Security Council, told member states that the UN charter bars the use of force against the territorial integrity or political independence of any state as he also condemned Iran's attack on Israel. Iran launched a swarm of

World News April 15, 2024

CAIRO - A Hamas delegation headed by the group's deputy chief in Gaza, Khalil Al-Hayya, will go to Cairo on Sunday for Gaza ceasefire talks, in response to an invitation extended by Egyptian mediators, the group said in a statement on Saturday. US CIA Director Bill Burns arrived in Cairo on Saturday evening to attend Sunday's talks, sources at Cairo airport told Reuters. Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani and an Israeli delegation were expected to take par

World News April 7, 2024

An earthquake with a preliminary magnitude of 6.1 hit Iwate and Aomori prefectures in northern Japan on Tuesday, the Japan Meteorological Agency said. The epicenter was northern coastal part of Iwate Prefecture, the agency said, adding that a tsunami warning had not been issued. There were no reports of immediate damage. (Reuters)

World News April 2, 2024

The Dutch government is expected to lay out initial plans on Thursday to keep the country's largest company ASML, from moving operations outside the Netherlands over concerns ranging from anti-immigration policies to infrastructure problems. Semiconductor equipment maker ASML, Europe's largest tech company, shocked the Dutch government into action after CEO Peter Wennink went public with complaints about policy, including ending a tax break for skilled migrants which would make it hard

World Business March 28, 2024

Two people suspected of carrying out a deadly attack near Moscow on Friday have been detained in Russia's Bryansk region following a car chase, lawmaker Alexander Khinshtein said on Telegram on Saturday. Other suspects fled into a nearby forest on foot, Khinshtein said. Camouflage-clad gunmen opened fire with automatic weapons at concertgoers near Moscow on Friday, killing at least 60 people and injuring 145 in an attack claimed by Islamic State militants.

World News March 23, 2024

Robert Bosch GmbH, Lennox International and Samsung Electronics are among the industrial firms competing to acquire heating and ventilation assets worth over $6 billion from Johnson Controls International, people familiar with the matter said on Friday. Milwaukee-based Johnson Controls has been working with its advisers to sell its residential and light commercial businesses, including includes a US business and a 60 percent stake in an air-conditioning venture with Japan's Hitachi called

Market March 23, 2024

Nvidia shares dipped in premarket trading on Tuesday after having more than tripled in value in the past year, as the dominant AI chip supplier unveiled its latest flagship product that is expected to further cement its lead in the industry. Shares of Wall Street's third most-valuable firm were down about 1 percent, with some analysts saying investors had already factored in the launch and were looking out for more details. "If the brand-new Blackwell chip didn't trigger a fresh r

Industry March 19, 2024

MOSCOW -- President Vladimir Putin won a record post-Soviet landslide in Russia's election on Sunday, cementing his already tight grip on power in a victory he said showed Moscow had been right to stand up to the West and send its troops into Ukraine. Putin, a former KGB lieutenant colonel who first rose to power in 1999, made it clear that the result should send a message to the West that its leaders will have to reckon with an emboldened Russia, whether in war or in peace, for many more y

World News March 18, 2024