Subsidiary of US consulting firm pays $122 million to resolve South Africa bribery case involving Indian ex-executive
A subsidiary of global consulting company McKinsey has agreed to a $122.85 million settlement with US prosecutors in a South African bribery case involving a former Indian executive, officials said. “McKinsey Africa has agreed to pay a criminal penalty of more than $122
Netanyahu thanks Trump for ‘strong’ statement warning Hamas to release hostages
Israeli Prime Minister Benjamin Netanyahu has thanked US President-elect Donald Trump after the latter called for the hostages held in Gaza to be released by Hamas the day he takes charge as president. In a post on X, Netanyahu on Tuesday expressed his
S. Korea, US postpone key nuclear deterrence talks: Pentagon spokesperson
South Korea and the US have put off key nuclear deterrence talks and a related exercise originally set to take place in Washington this week, a Pentagon spokesperson said, after South Korean President Yoon Suk Yeol’s short-lived declaration of emergency martial law. Seoul
I haven’t seen George Soros in 50 years, don’t talk to him: Jim Rogers
Ace American investor and financial commentator Jim Rogers has revealed that he has not seen US billionaire George Soros — with whom he founded Quantum Fund long ago — in about 50 years and does not talk to him anymore. In 1970, Rogers
India to explore closer collaboration with US in Trump 2.0 govt: S. Jaishankar
External Affairs Minister S. Jaishankar on Monday said that India would be exploring more “collaborative possibilities” with the US once the Donald Trump-led administration takes over. Addressing the CII Partnership Summit 2024 on the theme of ‘India and the World,’ S. Jaishankar said:
‘Not fair to comment on policies of new US administration under President-elect Trump’: State Department spokesperson Miller
US State Department spokesperson Matthew Miller has said that it will not be appropriate for him to comment on President-elect Donald Trump’s policies, as he has not yet assumed office, adding that he is proud of President Joe Biden’s foreign policy. The spokesperson
Biden pardon issue shows US DOJ’s politically motivated actions: Sushant Sareen
Sushant Sareen, senior fellow at the Observer Research Foundation (ORF) and foreign policy expert, criticised US President Joe Biden’s unexpected decision to issue a pardon for his eldest son, Hunter Biden, and slammed the US Department of Justice (DOJ) for “politically motivated actions”.
US retailers use Trump tariff threats to urge shoppers to buy more: Report
Many US businesses are urging customers to buy now before President-elect Donald Trump’s proposed tariffs potentially raise costs and prices, local media reported. Throughout his campaign, Trump promised to impose tariffs of 60 percent on all Chinese goods and across-the-board tariffs of 10
South Korean opposition leader says US-North Korea talks more likely after Trump election
South Korean opposition leader Lee Jae-myung stated on Friday that the possibility of dialogue between North Korea and the United States seems higher under the incoming Trump administration. He urged the South Korean government to formulate a strategy to ensure that the country
US private-sector activity picks up pace as firms look forward to new government: survey
The S&P Global Flash US Composite PMI, which gauges activity in the manufacturing and services sectors, rose to 55.3 in November from 54.1 in October, according to the surveys published on Friday. This accelerates a previously climbing trend and suggests activity is expanding
Top air force commanders of South Korea, US, Japan discuss cooperation
The top air force commanders of South Korea, the United States, and Japan have held talks to discuss ways to strengthen their cooperation, such as expanding joint air drills, officials said. This is the latest in their trilateral security cooperation amid North Korea’s
Trump attacks China, says US has greatest military
In a confrontation with China, “we will kick their ass,” Republican Presidential Candidate Donald Trump has said at a campaign rally, asserting, “We have the greatest military in the world.” Speaking out against what he asserted was the weakening of respect for the
Explained: Why US handed over landmines to Ukraine in big policy shift
The US decision to send anti-personnel landmines to Ukraine was triggered by a change in Russian battlefield tactics favouring infantry over mechanised units, US Defence Secretary Lloyd Austin said. “They don’t lead with their mechanised forces anymore,” Austin told reporters while on a
US envoy says solution to Hezbollah-Israel conflict ‘within our grasp’
US envoy Amos Hochstein said on Tuesday that a solution to the conflict between Hezbollah and Israel is close, adding that he has held constructive talks with Lebanese Parliament Speaker Nabih Berri. “It is now within our grasp… As the window is now,
Yoon, Biden hold farewell summit in Peru
South Korean President Yoon Suk Yeol and US President Joe Biden held a farewell summit in Peru as they reflected on their partnership and reaffirmed efforts to strengthen the bilateral alliance, Yoon’s office said. The meeting on Friday followed a trilateral summit with
S Korea, US, Japan unveil secretariat establishment, slam N Korea-Russia on Ukraine war expansion
The leaders of South Korea, the US, and Japan announced the establishment of a secretariat for trilateral cooperation and condemned North Korea and Russia’s decision to “dangerously expand” Moscow’s war in Ukraine as they met on the margins of a multilateral summit in
Trump announces Matt Gaetz as nominee for attorney general
US President-elect Donald Trump on Wednesday announced that he was nominating Matt Gaetz, a Republican Congressman from Florida, as his pick for the next attorney general, with the task of ending the partisan weaponizing of the Justice Department. “Matt is a deeply gifted
US Senate Republicans elect John Thune as majority leader
US Senate Republicans on Wednesday elected John Thune, a senator from South Dakota and the current Republican whip, to succeed Mitch McConnell as the next majority leader in the upper chamber. In a secret ballot, Thune, 63, defeated two contenders: John Cornyn of
Mike Johnson wins Republican nomination to retain House speakership
House Speaker Mike Johnson on Wednesday won the Republican nomination to remain in the position, after U.S. President-elect Donald Trump appeared to back him during a meeting with House Republicans. Johnson, a Louisiana Republican, was elected House Speaker in a full chamber vote
Government efficiency ‘czar’ Musk to cut a lot of waste in US govt: Mark Mobius
With Elon Musk leading the new Department of Government Efficiency (DoGE) under Donald Trump’s presidency in the US, the tech billionaire will be able to cut down on a lot of waste in the US government, ace global investor Mark Mobius has said.