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EU plans 'comprehensive reform' of electricity market

EU plans 'comprehensive reform' of electricity market

The EU plans a "deep and comprehensive" reform of the electricity market to cope with an energy crisis sparked by Russia's war in Ukraine, European Commission chief Ursula von der Leyen said Wednesday.

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Google loses appeal against record EU antitrust fine

Google loses appeal against record EU antitrust fine

The European Union's second-highest court on Wednesday overwhelmingly upheld the EU's record fine against Google over its Android operating system for mobile phones, slightly reducing the fee for technical reasons.

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Health groups call for fossil fuel non-proliferation treaty

Health groups call for fossil fuel non-proliferation treaty

Around 200 health organisations and more than 1,400 health professionals on Wednesday called for governments to establish a binding international treaty on phasing out fossil fuels, which they said pose "a grave and escalating threat to human health".

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Asian stocks slump, tracking US losses after inflation report

Asian stocks slump, tracking US losses after inflation report

Asian markets dropped on Wednesday, tracking losses in the United States and Europe as traders responded negatively to higher-than-expected US inflation data that raised fears of a prolonged period of interest rate hikes.

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Foxconn strikes $19.4 bn deal to make chips in India

Foxconn strikes $19.4 bn deal to make chips in India

Taiwanese electronics giant Foxconn will invest $19.4 billion to make semiconductors in India with local conglomerate Vedanta, backed by New Delhi's push to boost tech self-reliance after a global chip shortage.

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Taiwan says beauty queen barred from waving flag in Malaysia

Taiwan says beauty queen barred from waving flag in Malaysia

Taipei accused China on Wednesday of pressuring organisers of a Malaysian trade event into barring a Taiwanese beauty queen waving the island's flag on stage.

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Roadside bomb claimed by Pakistan Taliban kills eight in northwest

Roadside bomb claimed by Pakistan Taliban kills eight in northwest

A bomb killed the former head of a pro-government militia and seven others in northwestern Pakistan, officials said Wednesday, in an attack claimed by the local Taliban.

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Almodovar withdraws from English film project with Blanchett

Almodovar withdraws from English film project with Blanchett

Oscar-winning Spanish director Pedro Almodovar has withdrawn from directing his first English-language feature "A Manual for Cleaning Women" starring Cate Blanchett with production to continue without him, his brother confirmed Wednesday.

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Three detained in France over assault on football star

Three detained in France over assault on football star

French police on Wednesday arrested three men over last year's assault on Paris Saint Germain and national football team star Kheira Hamraoui that rocked the women's game in the country, prosecutors said.

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Shares in Chinese conglomerate Fosun dive on report of watchdog scrutiny

Shares in Chinese conglomerate Fosun dive on report of watchdog scrutiny

Club Med owner Fosun, one of China's largest private-sector conglomerates, saw billions wiped off its value on Wednesday as jittery investors reacted to a media report that the group was under regulatory scrutiny.

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