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BP to up oil and gas output, slash clean energy spend in overhaul
BP plans to increase production of its more profitable oil and gas business and slash investment in cleaner energy, the British energy giant announced Wednesday to the dismay of environmentalists.
Los Angeles wildfires costliest in history: Munich Re
German reinsurance giant Munich Re said Wednesday that last month's huge wildfires in Los Angeles had been the costliest "in the history of the insurance industry".
Australia's Kuhnemann cleared over suspect bowling action
Australian spinner Matthew Kuhnemann was cleared on Wednesday by cricket's governing body after undergoing testing to determine whether his bowling action was legal.
'Brat' icon Charli XCX picks up Brit award for best songwriter
British pop sensation and "brat summer" icon Charli XCX Wednesday won the Brit award for best songwriter of the year, putting her in pole position to scoop up the most honours in a weekend ceremony.
Power restored, curfew lifted after Chile's massive blackout
Chileans were able to return to a sense of normalcy on Wednesday after a curfew expired and authorities said power was restored to most homes following the country's worst blackout in well over a decade.
AB InBev posts record sales in 2024 despite beer volumes slipping
AB InBev, the world's leading brewer whose portfolio includes Budweiser, Corona and Stella Artois, said revenue hit a record level in 2024 although beer volumes slid.
Radio host axed after 'unacceptable' remarks about Australia women's team
A radio host in Australia who made "unacceptable" and "disgusting" comments about the national women's football team was taken off air on Wednesday, local media reported.
Hamas says to swap four Israeli hostages' bodies for prisoners
Hamas said it would exchange the bodies of four Israeli hostages for more than 600 Palestinian prisoners on Thursday, capping the first phase of a Gaza ceasefire deal.
Hong Kong to slash public spending, civil service jobs
Hong Kong's finance chief unveiled a "belt-tightening" budget on Wednesday that aimed to end the city's string of record-high deficits by 2028 while seeking growth in areas such as artificial intelligence.
Taiwan sends forces in response to China 'live-fire' drills off island
Taiwan sent forces on Wednesday in response to China's "live-fire" drills off the self-ruled island, Taipei's defence ministry said, condemning the exercises as dangerous.
Aston Martin cuts jobs as weak China demand weighs
Aston Martin Lagonda announced Wednesday it would cut about five percent of its workforce as weak Chinese demand contributed to losses widening at the luxury car group last year.
Erosion of multilateralism threatens global stability: S.Africa leader
The erosion of multilateralism threatens global growth and stability, President Cyril Ramaphosa warned Wednesday at a G20 finance meeting in South Africa marked by the absence of the US Treasury secretary.
Stellantis says 2024 profits fall 70% on N. America troubles
The Stellantis car giant -- which includes Fiat, Chrysler, Jeep and Peugeot -- on Wednesday reported a 70 percent fall in 2024 profits against the previous year because of troubles in North America.
'Joyful' South Koreans hope rising births will continue
South Koreans rejoiced Wednesday at news that the number of births had risen for the first time in about a decade -- a rare bright spot for a country facing a deepening demographic decline.
Thousands mourn Bibas family, symbols of Israel's hostage ordeal
Thousands of mourners, carrying flags and orange balloons, joined the funeral procession Wednesday for Shiri Bibas and her two sons, who were killed in Gaza captivity and had become symbols of Israel's hostage ordeal.
Rights decline but bright spots in South Asia: Freedom House
Freedom declined around the world last year with authoritarians solidifying their grip, but South Asia led a series of bright spots, Freedom House said Wednesday in its annual report.
Indonesia agrees deal with Apple that could end iPhone sales ban: reports
Indonesia has struck a deal with Apple for the tech giant to invest in the country, local media reported a minister as saying Wednesday, in a move that could end a ban on iPhone 16 sales in Southeast Asia's biggest economy.
US says Gaza ceasefire talks on track
The United States said talks for a second phase of a Gaza ceasefire deal were on track, as Hamas said Israel agreed to release Palestinian prisoners in exchange for the bodies of four Israeli hostages.
Tech surge helps Hong Kong lead most Asian markets higher
Hong Kong stocks resumed their impressive start to the year on Wednesday as they rocketed more than three percent on the back of a surge in tech firms fuelled by fresh optimism over the sector in China.
Cook Islands PM beats no-confidence vote, slams New Zealand
The Cook Islands' prime minister survived a no-confidence vote on Wednesday, blaming "misinformation" from former colonial ruler New Zealand for destabilising his Pacific country.
Taiwan dispatches forces in response to China 'live-fire' drills off island
Taiwan dispatched forces on Wednesday in response to China's "live-fire" drills off the self-ruled island, Taipei's defence ministry said, condemning the exercises as dangerous.
Hong Kong to slash public spending, build AI institute
Hong Kong will cut public spending and restore fiscal balance by mid-2027 after a string of huge deficits, the city's finance chief said Wednesday as he unveiled growth plans including an artificial intelligence institute.
Golf star Lydia Ko to stick to fairways over catwalks
Lydia Ko said Wednesday she would rather grace the fairways on the golf course than strut down the catwalk after appearing on the cover of the latest edition of Vogue in South Korea.
Israelis mass for funeral of Bibas hostages killed in Gaza
Thousands of mourners, carrying flags and orange balloons, gathered Wednesday for the funeral procession of Shiri Bibas and her sons, who were killed in Gaza captivity and had become symbols of Israel's hostage ordeal.
India slammed for one-venue 'farce' in Champions Trophy
Former cricketers and pundits have slammed India's "undeniable" advantage of playing all their Champions Trophy matches in Dubai, while the other seven teams have to shuttle between three venues in Pakistan, and the UAE.
Sufi leader plans for Vatican-like state in Albania
In Albania's capital, Baba Mondi envisions a Vatican-like state for his Bektashi faith on a tiny scrap of land that would serve as a model for love and tolerance.
Chinese treasures restored in the heart of Beijing
In a workshop tucked away in Beijing's historic Forbidden City, a restorer hunched over a centuries-old figurine, using a cotton bud to delicately clean its dusty crevices after years hidden in storage.
US-born Eileen Gu's training budget censored on Chinese internet
Chinese authorities appear to have censored a document showing plans to spend more than $6.6 million this year on training for two American-born winter sport athletes, including double-Olympic gold medallist Eileen Gu.
Power restored to most homes after Chile's massive blackout
Chilean authorities said they restored power to most homes on Wednesday, hours after a massive, rare blackout caused transport chaos in the capital and forced the president to declare a state of emergency and curfew across much of the country.
South Korea births rose last year on surge in marriage
The number of births in South Korea rose last year for the first time in more than a decade on the back of a rise in marriages, officials said on Wednesday, bucking a trend for a country battling a demographic crisis.
'45 seconds!': Oscar nominees urged to tighten speeches as gala looms
"How many seconds do we have?"
Lakers' Doncic makes triple-double in winning reunion with Dallas
Luka Doncic faced his old team the Dallas Mavericks for the first time since his shock move to the Los Angeles Lakers and served up a triple-double in a 107-99 win on Tuesday.