World news

With the country facing a record squeeze on living standards, public perception of companies that are believed to be over-earning is putting pressure on the government to intervene.

The Chinese carmaker has reached out to Didi’s top executives and expressed its interest in becoming a major shareholder in the firm, said the people, who asked not to be identified as the information is private. FAW pledged to help Didi resolve issues related to data security, paving the way for a Hong Kong listing, the people said.

From the Ukraine conflict to warnings of climate cataclysm and soaring inflation, the world#39;s political and business elites tackled some gloomy matters in their first Davos summit in more than two years. Instead of the usual snowy winter wonderland of past gatherings, grey skies and rain added to the gloomy mood during the four-day forum that wrapped up May 26. Here is a roundup of the main issues tackled by the WEF:

Sri Lanka is reeling under its worst economic crisis since independence in 1948, with a severe shortage of foreign exchange severely curtailing imports, including essentials such as fuel and medicines

"The US plans to install the same amount of offshore wind as Germany, to have installed 30 GW (gigawatt) offshore by 2030,�

More than 5,000 Ukrainian prisoners of war were being held in the self-proclaimed Donetsk People’s Republic

Since Sri Lanka’s public debt is assessed as "unsustainable," the IMF has said that it requires "sufficient assurance" from the country that it will restore debt sustainability during the debt restructuring process, a media report on Friday quoted the global crisis lender as saying.

Video of Brazilian man suffocated to death in police car sparks outrage  India Today

The talks will include US special representative for North Korea Sung Kim and his counterparts in Japan and South Korea

Kinder recalls 3,000 tonnes of chocolate over Salmonella fears  WION

Shanghai Economy Improves Fitfully as End of COVID Lockdown Nears  U.S. News & World Report

US slams Putin’s food-for-sanctions relief plan  Hindustan Times

Whitby: Ghoulish gathering smashes 'vampire' world record  BBC

Ukraine War Diaries: 'COVID was good training for now'  Sky News

Toronto police kill man carrying gun near schools  The Indian Express

China and Russia veto new UN sanctions on North Korea  India TV News

Ex-Rebel Frontrunner in Colombian Vote, Could Shake US Ties  U.S. News & World Report

Injured South Korean Fighter Back From Ukraine Faces Investigation  U.S. News & World Report

Russia was slapped with unprecedented sanctions after Putin ordered troops into neighbouring Ukraine on February 24.

Politicians or billionaires- Who do you trust less? Elon Musk asks  Hindustan Times

Kings of the combustion age such as General Motors and Volkswagen are falling behind local players in the booming electric vehicle (EV) market in China, a country that#39;s key to funding and developing their electric and autonomous ambitions.

The markets, however, focused on Alibaba#39;s quarterly revenue and earnings beat in a sharply weakening economy and sent its shares surging 15%. Analysts said the results were more resilient than expected.

White House Welcomes Fiji to Its Indo-Pacific Economic Plan  U.S. News & World Report

The put-to-call ratio on the coin hit a 12-month high at 0.72, meaning that many traders are loading up on hedges in the event it embarks on another leg lower and its losses deepen.

Chinese premier Li Keqiang gives dire growth warning in unpublished remarks  Hindustan Times

The American Nightmare | An India Today Infographic  India Today

Monkeypox scare: Now, US confirms 9 cases across seven states  Zee News

As part of the alleged scam, thieves have masqueraded as members of the Bored Ape Yacht Club, a popular collection of NFTs, as well as the Azuki collection, the MoonBirds project and the Okay Bears NFT community, which has more than 150,000 Twitter followers, Narang found.

'Impossible to isolate Russia', Putin warns, Zelensky fears genocide: 10 points  Hindustan Times

After the increase, the price of petrol will be at Rs 179.85, diesel at Rs 174.15, kerosene at Rs 155.95 and light diesel at Rs 148.41.

China Pig Breeders Go High-Tech in Self-Sufficiency Push  U.S. News & World Report

The talks would focus on enhancing economic cooperation and supply-chain resiliency, falling short of a traditional free-trade agreement, according to the people.

The remaining 13 council members all voted in favor of the U.S.-drafted resolution that proposed banning tobacco and oil exports to North Korea, whose leader Kim Jong Un is a chain smoker. It would also blacklist the Lazarus hacking group which the United States says is tied to North Korea.

Three months into its invasion of Ukraine, Russia has abandoned its assault on the capital Kyiv and is trying to consolidate control of the industrial eastern Donbas region, where it has backed a separatist revolt since 2014.

Ardern made the announcement to reporters after delivering the commencement address at Harvard University during a visit to the United States. The U.S. and New Zealand are close allies, but the meeting with Biden had been uncertain after Ardern tested positive for COVID-19 earlier this month.

The NHTSA told Reuters the agency "is aware of the incident and has reached out to the manufacturer for information."

Guatemala President Could Still Attend Americas Summit, Minister Says  U.S. News & World Report

Russia Slams Sanctions, Seeks to Blame West for Food Crisis  U.S. News & World Report

Flying museum to honor Maradona ahead of World Cup  The Associated Press - en Español

Palestinians: Israel Deliberately Killed Al Jazeera Reporter  U.S. News & World Report

Finnish PM Says Russian Actions in Ukraine a 'Turning Point'  U.S. News & World Report

Instagram down for thousands of users: Downdetector  Hindustan Times

Powerful 7.2-magnitude quake rocks southern Peru  Hindustan Times

Trump must testify in New York probe, appeals court rules  The Indian Express

Iranian Oil Tanker's Cargo Seized in Greece After US Request  U.S. News & World Report

Facebook to roll out updated privacy policy from July 26  Hindustan Times

Moldova's Ex-President Placed Under 30-Day House Arrest  U.S. News & World Report

World Champion Raikkonen to make top-tier NASCAR Cup Series debut at Watkins Glen  Formula 1

Russia-Ukraine war could cause global recession: World Bank chief  Zee News

Afghanistan's Taliban Step up Coal Exports to Boost Local Budget  U.S. News & World Report