Global News
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Will Hong Kong reopen for business under new leader John Lee?
Lee, a former security chief, is expected to be confirmed Hong Kong's next chief executive on Sunday by a committee of 1,463 elites after running uncontested with Beijing's blessing
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TikTok to launch ad revenue-sharing program for creators
Under the new TikTok Pulse program, companies can place their ads next to user content in specific categories, including health, fashion, cooking, gaming and others—and creators will get a cut
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EU eyes Russian oil import ban amid new bid to evacuate Mariupol
If approved, the oil ban would be the EU's strongest move yet against Russia's strategic energy sector that helps the Kremlin finance its war, but will still not touch its huge gas exports
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US Fed makes biggest rate increase since 2000 to fight inflation
Inflation has become an overriding concern after the world's largest economy saw annual consumer prices surge 8.5 percent over the 12 months to March—the biggest jump since December 1981
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India, France call for immediate end to Ukraine hostilities
India, which imports much of its military hardware from Russia, has long walked a diplomatic tightrope between the West and Moscow—notably refusing to denounce the latter or vote against it at the United Nations over its actions in Ukraine
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Hong Kong more unequal, less free as Carrie Lam leaves office
Lam, Hong Kong's first woman leader, took office promising to heal divisions and tackle livelihood issues, especially a housing crisis, but her tenure was dominated by massive democracy protests and Beijing's subsequent crackdown, as well as a zero Covid policy
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40 million more faced acute hunger in 2021: UN
Among 53 countries facing the problem, the most affected include the Democratic Republic of Congo, Ethiopia, Yemen and Afghanistan where millions face hunger after the country plunged into financial crisis following the Taliban takeover in 2021. Experts now warn Russia's war could lead to a famine
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Sri Lanka tea exports lowest in 23 years hit by fertiliser ban, Ukraine war
Tea is the island nation's biggest export commodity, bringing in about $1.3 billion annually before the current economic downturn, the worst since independence in 1948.
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South Ukraine shows signs Russia has come to stay
Russian forces took control of this port city on the Sea of Azov in the first days of the military campaign they launched in Ukraine in late February, facing almost no resistance
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EU members seek opt-outs from Russian oil embargo
Slovakia, which like Hungary is almost 100 percent dependent for fuel on Russian crude coming through the Druzbha pipeline, has said it will need several years to phase out
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Howard Schultz vows new investments as Starbucks aims to head off union push
Some 250 Starbucks stores have launched unionization campaigns in the United States, with employees voting for a union in 47 stores, said the group, Starbucks Workers United