News in brief
Former South Korean President Yoon Suk Yeol has been sentenced to two years in prison after a Seoul court found him guilty of violating the country's political funding laws. The ruling marks another chapter in the legal challenges facing the former leader following his removal from office and multiple......
Ukrainian authorities have arrested the former commander of the 155th "Anne of Kyiv" Brigade and several members of the unit as part of an investigation into an alleged double murder, in a case that has drawn national attention and prompted a strong reaction from President Volodymyr Zelensky. The......
Ferguson Enterprises has agreed to acquire industrial distributor FloWorks from private equity firm Wynnchurch Capital in a transaction valued at approximately $1.6 billion, reinforcing its strategy to expand beyond traditional construction markets and deepen its presence in industrial distribution. The......
U.S. energy infrastructure company Williams has secured a $5.34 billion investment from a consortium led by Blackstone, providing fresh capital to accelerate the development of a portfolio of power generation projects designed to meet growing electricity demand. The transaction gives the investor group......
Italy's largest telecom tower operator, INWIT, has suffered an early legal setback after an Italian judge rejected its request to temporarily suspend Telecom Italia’s withdrawal from a long-standing tower lease agreement. The ruling marks a significant development in a broader contractual......
Russia has placed selected assets belonging to Dutch paints and coatings manufacturer Akzo Nobel under temporary administration, extending a policy that has increasingly affected foreign-owned businesses operating in the country. The measure was announced through a decree signed by President Vladimir......
Iran has rejected a request from the International Atomic Energy Agency (IAEA) seeking access to its nuclear facilities, highlighting continued tensions between Tehran and the United Nations nuclear watchdog. The announcement was made by Iranian Foreign Ministry spokesperson Esmail Baghaei during a......
France is battling one of its most severe heatwaves in recent years as soaring temperatures continue to fuel large wildfires, including a major blaze in the historic Fontainebleau Forest south of Paris. The fire spread rapidly across hundreds of hectares, prompting a large-scale emergency response......
India is tightening control over renewable energy infrastructure by requiring clean power developers to either give up unused grid connection rights or provide additional financial guarantees if they fail to generate electricity. The move is part of a broader effort by Indian authorities to ensure that......
Air Canada has reached a tentative collective agreement with the union representing thousands of employees across its technical operations, airport services, cargo and logistics divisions, marking a step toward greater labour stability at the country’s largest airline. The proposed four-year deal......
China's Jingye Steel has intensified its dispute with the United Kingdom government, formally demanding what it describes as full and effective compensation following the state's takeover of British Steel. The latest statement marks the strongest public position yet from the Chinese steelmaker......
Maritime traffic through the Strait of Hormuz fell to its lowest level in several weeks on Sunday, highlighting the growing impact of heightened geopolitical tensions on one of the world's most important energy corridors. According to maritime tracking data, only six vessels crossed the strategic......
Former French Prime Minister Édouard Philippe has called for the development of a “sovereign” firefighting aircraft to strengthen France’s ability to respond to increasingly severe wildfires. The Horizons party leader and candidate for the 2027 presidential election argued that......
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