Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Oil hits four-week high as US-Iran conflict escalates
July 14 : Oil prices rose on Tuesday to their highest in four weeks, after the U.S. reimposed a naval blockade of Iran and renewed attacks between Washington and Tehran heightened concerns over energy flows through the Strait of Hormuz.Brent crude rose to its highest since June 12 and WTI to its highest since
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EU approves €659 million in German aid for four chip plants
BERLIN, July 14 : The European Commission on Tuesday approved €659 million ($751 million) in German state aid to support four first-of-a-kind semiconductor facilities in Germany, saying the projects will strengthen the EU’s position and autonomy.”Today’s approval of Germany’s support for four new projects i
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Pollution from Musk’s unpermitted xAI power project hits hardest in Black communities
July 14 : Elon Musk’s artificial intelligence company xAI has installed 59 natural gas turbines for its Colossus 2 data center project in Tennessee without securing federal clean air permits, according to communications between regulators and xAI representatives.Potential emissions from the turbines are far
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Tower Semiconductor to invest $3 billion in Japan, backed by government grants
July 14 : Israeli chipmaker Tower Semiconductor said on Tuesday it will invest $3 billion to bolster chip manufacturing in Japan, including $1 billion in grants from the Japanese government.U.S.-listed shares of the company rose more than 18 per cent in premarket trading after the announcement, which is expec
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Rahm plans cautious approach in firm conditions at Birkdale
Birkdale, ENGLAND, July 14 – Jon Rahm will resist the temptation to try to overpower sun-baked Royal Birkdale when the 154th Open Championship starts on Thursday.The firm and dry conditions in the northwest of England are set to offer players the chance to hit the ball huge distances but the Spaniard believes
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Bangladesh floods heighten dengue, cholera risks, says IFRC
Sonakshi Dey, the International Federation of Red Cross and Red Crescent Societies’ (IFRC) Bangladesh programme director, told CNA’s Asia First that aid efforts in the country are being hampered by multiple challenges.
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Brighton sign Croatia defender Vuskovic from Spurs
July 14 : Brighton and Hove Albion have signed Croatia defender Luka Vuskovic from fellow Premier League club Tottenham Hotspur on a five-year contract, both clubs said on Tuesday.• The 19-year-old has joined Brighton on a deal that includes an option for a further year in a transfer that British media repo
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Dollar dips ahead of US inflation data, supported by rate outlook
LONDON, July 14 : The dollar remained in sight of 13-month highs on Tuesday ahead of U.S. inflation data, which will come under extra scrutiny as Middle East tensions boost oil prices, while Federal Reserve Chair Kevin Warsh delivers his first semiannual testimony to Congress.U.S. and Iranian forces traded at
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Samsung Electronics denies report that it is exploring US listing
July 14 : Samsung Electronics denied on Tuesday a report that it was in the early stages of exploring a potential U.S. offering of American Depositary Receipts (ADRs).”Samsung Electronics is not reviewing the possibility of issuing American Depositary Receipts,” a Samsung spokesperson said in a statement.
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Lebanon and Israel hold talks in Rome amid renewed Mideast fighting
BEIRUT: Lebanon and Israel are holding new negotiations under US auspices in Rome on Tuesday (Jul 14), against the backdrop of a regional escalation between Washington and Tehran.The two countries, officially at war for decades, reached a framework agreement on Jun 26, after five rounds of negotiations in Was
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