FedEx shares jump after hours as massive cost-cutting measures kick in
FedEx shares soared more than 15% after hours Tuesday after the company reported results that topped analysts' estimates in both earnings and revenue.
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Duterte eyes Senate in Philippine midterms, threatening Marcos
MANILA -- Former Philippine President Rodrigo Duterte and his two sons are reportedly planning to run for the Senate in the 2025 midterm elections, a move that could create political instability in the country.
India's Adani Group to lift capex to $15.6bn in fiscal 2025, CFO says
AHMEDABAD, India (Reuters) -- Indian ports-to-power conglomerate Adani Group will increase capital expenditures in fiscal year 2025 to 1.3 trillion rupees ($15.6 billion) from 700 billion rupees a year earlier, Chief Financial Officer Jugeshinder Singh said on Tuesday.
North Korea’s latest missile test likely ended in failure, South Korea’s military says
SEOUL, South Korea (AP) — A North Korean ballistic missile test on Wednesday likely ended in failure, South Korea’s military said, days after the North protested the recent regional deployment of a U.S. aircraft carrier for a new trilateral military drill with South Korea and Japan.
India’s Modi to visit Russia for first time since Ukraine war, underscoring Delhi-Moscow ties
The Kremlin’s foreign policy aide, Yuri Ushakov, announced Modi’s trip on Tuesday, saying the exact dates of the visit will be confirmed later. Tass news service reported earlier that the Indian leader was set to spend two days in the country in early July.
Wednesday Briefing: Major Protests in Nairobi
Kenya’s president, William Ruto, deployed the military yesterday to crack down on what he called “treasonous” protesters, after demonstrators furious over the passage of a package of tax increases stormed the Parliament building in the capital, Nairobi, climbed in windows and set fire to the entrance.
Tesla recalls Cybertruck to fix faulty windshield wipers, loose trim
Tesla has issued two more recalls for its Cybertruck pickups in the U.S., as the automaker continues to face challenges with its newest electric vehicle about six months after beginning deliveries.
Novo Nordisk's Wegovy weight loss drug approved in China
Novo Nordisk said Tuesday that its Wegovy weight loss treatment has been approved in China for long-term weight management, opening up the blockbuster drug for sale in the world's second largest economy.