A man rides bicycle on a snow-covered street after snowfall in Frankfurt am Main, western Germany, on December 29, 2024. Kirill Kudryavtsev | Afp | Getty Images Annual inflation in the euro zone rose for a third straight month to reach 2.4% in December, statistics agency Eurostat said Tuesday. The preliminary reading was in line … Read more
Scores dead in Shigatse as magnitude 7.1 earthquake hits Tibet
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Reuters More than 1,000 buildings have been damaged by the earthquake At least 95 people have been confirmed dead and 130 are injured after a major earthquake struck the mountainous Tibet region on Tuesday morning, Chinese state media say. The earthquake that hit Tibet’s holy Shigatse city around 09:00 local time (01:00 GMT) had a … Read more
US pauses select restrictions on Syria, offering hope on Western sanctions | News
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Washington opens the way for transactions needed for humanitarian purposes, in a move seen as an ‘important step’ towards easing the West’s sanctions regime on the country. The United States has announced it is easing select restrictions on Syria’s transitional government. The US Treasury late on Monday issued a general licence, lasting six months, that … Read more
Hurdles remain as Israel and Hamas once again inch toward a ceasefire deal
JERUSALEM — Israel and Hamas once again appear to be inching toward a ceasefire that could wind down the 15-month war in Gaza and bring home dozens of Israelis held hostage there. Both Israel and Hamas are under pressure from outgoing U.S. President Joe Biden and President-elect Donald Trump to reach a deal before the … Read more
Tencent shares fall 5% in Hong Kong after U.S. designates it as a Chinese military company
Jonathan Raa | Nurphoto | Getty Images Shares of Chinese tech heavyweight Tencent Holdings tumbled 5.3% in Hong Kong after the company was added to a list of “Chinese military companies” by the U.S. Department of Defense. The move mirrors the almost 8% fall in Tencent’s U.S. depository receipts on Wall Street. Other Chinese companies … Read more
Trump Jr to visit Greenland after dad says US should own the territory
Donald Trump Jr is planning to visit Greenland, two weeks after his father repeated his desire for the US to take control of the autonomous Danish territory. The US president-elect’s son plans to record video footage for a podcast during the one-day private visit, US media report. Donald Trump reignited controversy in December when he … Read more