Britain's Lloyds Banking Group has priced the stock market listing of its TSB business at below book value. As Joel Flynn reports it's aiming to attract investors amid a flurry of new issues.
Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant. Japan's legacy automakers have fallen behind newer rivals like America's Tesla and China's BYD in the emerging all-electric auto sector.
Apple Inc. CEO Tim Cook said on Tuesday in Hanoi the U.S. tech giant wanted to boost its investment in Vietnam, state media reported. Cook made the statement at a meeting with Vietnamese Prime Minister Pham Minh Chinh during his visit to Vietnam, a key manufacturing hub for Apple. Separately, in a statement released on Monday on its website, Apple said it would increase its spending on suppliers in Vietnam, where it has created some 200,000 jobs.
South Korea on Tuesday marked the 10th anniversary of the country's worst maritime disaster, when hundreds of schoolchildren died after the overloaded Sewol ferry capsized and sank."South Korea had to change after the Sewol ferry disaster.
Astronomers identified the largest stellar black hole yet discovered in the Milky Way, with a mass 33 times that of the Sun, according to a study published on Tuesday.As Gaia's telescope can give a precise position of stars in the sky, astronomers were able to characterise their orbits and measure the mass of the star's invisible companion -- 33 times that of the Sun.
Iran will respond to any action against its interests, President Ebrahim Raisi said on Tuesday, according to the Iranian Student News Agency, a day after Israel warned it will respond to Tehran's weekend drone and missile attack. "We categorically declare that the smallest action against Iranian interests will certainly be met with a severe, widespread and painful response against any perpetrator," Raisi told the Qatari Emir Sheikh Tamim bin Hamad al-Thani. Israel's military Chief of Staff, Herzi Halevi, said on Monday that Iran's attack on Israel - which was a retaliation after the April 1 bombing of the Iranian embassy compound in Damascus - warranted a response.
Israel's foreign minister said on Tuesday he was urging countries to place sanctions on Iran's missile programme and proscribe its Revolutionary Guard Corps as a terrorist organisation after Iran's first-ever direct attack on Israel. "Alongside the military response to the firing of missiles and drones, I am leading a diplomatic attack against Iran," Foreign Minister Israel Katz said in a social media post. Katz said he sent letters to 32 countries and spoke with numerous counterparts, calling on them to "place sanctions on Iran's missile project and declare the Revolutionary Guard a terror organisation, as a way to stop and weaken Iran."
A teenager has been accused of wounding a Christian bishop and priest during a church service in a second high-profile knife attack to rock Sydney in recent days that authorities on Tuesday declared an act of terrorism. The 16-year-old was overpowered by the shocked congregation at Christ the Good Shepherd Church after he allegedly stabbed Bishop Mar Mari Emmanuel and Fr. Isaac Royel during a service on Monday night that was being streamed online.
The FBI has opened a criminal investigation into the container ship Dali that struck the Francis Scott Key Bridge in Baltimore in March.
Former President Donald Trump’s fundraising operation picked up the pace during the first three months of the year while Democratic Senate and House candidates reported massive quarterly hauls as the battle for Congress takes shape, new federal filings show.
Orange lava bubbles and pops, occasionally spewing large fountains from a volcano that has been erupting for a month in Iceland, the second-longest eruption since the region's volcanic activity reawakened in March 2021.This scenario is similar to the first eruption in the region, near Mount Fagradalsfjall in March 2021, which lasted six months.
German Chancellor Olaf Scholz said Tuesday he hoped Berlin and Beijing could help achieve a "just peace" in Ukraine, as he met President Xi Jinping in the Chinese capital.Meeting with Xi at Beijing's Diaoyutai State Guesthouse on Tuesday, Scholz told the Chinese leader he hoped to discuss "how we can contribute more to a just peace in Ukraine".
The US ambassador to the United Nations visited the heavily-fortified border between North and South Korea Tuesday, urging Pyongyang to return to talks as global enforcement of UN sanctions stumbles."We urge Russia and China to reverse course and once again to urge Pyongyang to choose diplomacy and come to the negotiating table," Thomas-Greenfield said.
One way or another, the flame that's to burn at the Paris Olympics will be kindled Tuesday at the site of the ancient games in southern Greece. Lookers-on included a small, enthusiastic group of tourists from the northwestern French region of Brittany, where the ship's homeport of Nantes is, waving French and Breton flags.
Philippine President Ferdinand Marcos Jr. said Tuesday police seized the largest haul of methamphetamine in the country in years without anybody being killed, in a subtle criticism of his predecessor’s notoriously deadly crackdown on illegal drugs. Police seized nearly 1,630 kilograms (1.8 tons) of methamphetamine Monday from a van and arrested its driver at a checkpoint in Alitagtag town in Batangas province south of Manila. "This should be the approach in the drug war for me and the most important objective is to stop the smuggling of illegal drugs into the Philippines,” Marcos said, adding that the newly seized drugs came from outside the country.
China's economy expanded far more than expected in the first quarter of 2024, data showed Tuesday, but disappointing retail and industrial figures suggested leaders face severe headwinds to hit their annual growth target.Reflecting those difficulties, last month also saw a fall in property prices in China's major cities, data showed.
The Maui Fire Department is expected to release a report Tuesday detailing how the agency responded to a series of wildfires that burned on the island during a windstorm last August — including one that killed 101 people in the historic town of Lahaina and became the deadliest U.S. wildfire in more than a century. The release comes one day before the Hawaii Attorney General is expected to release the first phase of a separate comprehensive investigation about the events before, during and after the Aug. 8 fires. The reports could help officials understand exactly what happened when the wind-whipped fire overtook the historic Maui town of Lahaina, destroying roughly 3,000 properties and causing more than $5.5 billion in estimated damage, according to state officials.
Alabama voters are set to cast their ballots Tuesday to decide party nominees for the state's 2nd Congressional District, which was redrawn by a federal court to boost the voting power of Black residents. Democrats are aiming to flip the Deep South seat, and Republicans, with control of the U.S. House of Representatives on the line, will try to keep it under the GOP column. A federal court redrew the district in October after ruling that the state’s previous congressional map — which had only one majority-Black district out of seven in a state that is about 27% Black — illegally diluted the voting power of Black residents.
A powerful storm system capable of unleashing damaging hail, wind and tornadoes is expected to barrel through parts of the Mississippi Valley and Midwest Tuesday after triggering tornado watches in the Plains overnight.
Nearly three weeks since Baltimore’s Francis Scott Key Bridge collapsed under the impact of a wayward cargo ship, crews are using the largest crane on the Eastern Seaboard to haul the wreckage to a nearby salvage yard. The heaviest section so far weighed about 450 tons (408 metric tons). In the salvage yard Monday morning, workers disassembled the metal trusses by attacking them with propane torches and a pair of giant shears that sliced them into more manageable pieces.
A Ukrainian man who alleges he was tortured by Russian occupying forces has filed a legal complaint halfway around the world in Argentina, an unusual bid to seek accountability for alleged war crimes at a time when prosecutors in Kyiv are overwhelmed. In the filing, reported for the first time, the man accuses one named person, two identified by their call signs or military insignia, and others who are unnamed of using electrocution and unlawful imprisonment as forms of torture in mid to late 2022, the complaint seen by Reuters shows. The man, who asked not to be identified by Reuters because of fears for his family who are still in Russian-occupied parts of Ukraine, filed the complaint with the Federal Court in Buenos Aires on Monday against the people who he says tortured him, the officials who ran the detention center in southern Ukraine where he says he was held, and his superior at work who he accuses of facilitating the abuse.
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