Stars protest by wearing red pins supporting a ceasefire between Israel and Hamas on the Oscar red carpet. Several celebrities wore red pins calling for a truce between Gaza and Israel. The arrival of the stars was delayed.
Alibaba's US Shares Drop as Weak Core Business Offsets Buyback
After the Chinese internet giant announced lower-than-expected sales, Alibaba Group Holding Ltd. shares dropped in US trading. Catherine Lim of Bloomberg Intelligence discusses her thoughts on the findings. She is a speaker on Bloomberg Television.
Southeast Asian heatwave: hotter weather caused by El Nino and climate change
Many Southeast Asian regions are experiencing extremely high temperatures due to a heatwave. The Philippines, Thailand, Vietnam, and Indonesia are among the nations roasting in the extreme heat for the entire month.
Switzerland's National Bank lowers its surprise rate.
Different monetary policy strategies are being used by central banks around the globe to combat inflationary pressures. The first significant central bank in the developed world to lower interest rates this cycle was the Swiss National Bank (SN. It seems that a more substantial decline in inflation than anticipated is the main cause of the SNB's movement.
Israel-Hamas Conflict | The US says it will reject any new UNSC resolution.
The program As hopes for a ceasefire dwindled, Israel's Army persisted on Sunday in its assault to demolish Hamas in southern Gaza. Israel has centered its military operations in Khan Younis, the Hamas stronghold in Gaza, during the battle that has lasted for more than four months.
Mexico: A boat capsizes in Oaxaca, Mexico, leaving eight Chinese migrants dead.
In Mexico, where a vessel overturned, and eight Chinese nationals were discovered dead on the country's southern coast. The prosecutor's office reported one man and seven ladies on board.
UK arts sector crisis: Creative sectors are heavily hurt by financial cuts.
For decades, the UK arts sector has contributed significantly to the country's global cultural impact. However, years of financial cuts for colleges and artistic institutions have changed the narrative. And when the cost of living rises, creative businesses struggle to thrive.
Israel-Hamas conflict | The US stops supporting UNRWA.
Before resuming assistance to the UN agency for Palestinian refugees, the US says it wants to see "fundamental changes". The only US location where Chinese people are permitted entry without a visa for a maximum of 14 days is the Commonwealth of the Northern Mariana Islands (CNMI), a US territory in the Pacific.
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Study: 90% of the Himalayas will experience year-round drought at 3°C warming.
Roaring results from a ground-breaking study conducted by East Anglian University experts have shown that almost 90% of the Himalayan region is at risk of experiencing drought for more than a year. This is a three-degree Celsius increase in global warming.
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