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IN THE NEWS

China's Xiaomi to invest nearly $7 bn in chips

China's Xiaomi to invest nearly $7 bn in chips

Chinese tech giant Xiaomi will invest 50 billion yuan ($6.9 billion) in developing high-end smartphone chips, the firm's founder said on Monday.

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Women claim spotlight in India's macho movie industry

Women claim spotlight in India's macho movie industry

India's giant movie industry is known for its macho, men-centric storylines, but a wave of women filmmakers is helping to break the mould.

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Stocks, dollar drop after US loses last triple-A credit rating

Stocks, dollar drop after US loses last triple-A credit rating

Stocks fell with the dollar Monday after Moody's removed the United States' last gold standard sovereign bond rating, citing the growing debt pile that it warned could balloon further.

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Bruno Fernandes: Man Utd's visionary leader

Bruno Fernandes: Man Utd's visionary leader

Bruno Fernandes has been Manchester United's shining light in a desperate season. Now he has one more task -- to drag them over the line in the Europa League final.

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UK-EU set to seal closer ties in first summit since Brexit

UK-EU set to seal closer ties in first summit since Brexit

UK Prime Minister Keir Starmer was set to seal a deal for closer ties with the European Union at a landmark summit on Monday, opening a new chapter after Britain's acrimonious exit from the bloc five years ago.

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Europa League golden ticket offers Man Utd, Spurs salvation

Europa League golden ticket offers Man Utd, Spurs salvation

Manchester United and Tottenham will slug it out in the Europa League final on Wednesday in Bilbao, with both sides desperately seeking salvation from dismal Premier League campaigns through silverware and a golden ticket into next season's Champions League.

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Tanzania opposition leader defiant as he appears for treason trial

Tanzania opposition leader defiant as he appears for treason trial

Tanzanian opposition leader Tundu Lissu appeared in court on Monday for his latest hearing in a treason trial in which he faces a potential death penalty.

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Israel strikes Gaza after 'basic' food aid pledge

Israel strikes Gaza after 'basic' food aid pledge

Israeli strikes killed at least 22 people in Gaza on Monday, rescuers said, after Israel pledged to let a "basic amount" of food into the territory to avert a hunger crisis.

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Markets drop after US loses last triple-A credit rating

Markets drop after US loses last triple-A credit rating

Stocks fell with the dollar Monday after Moody's removed the United States' last gold standard sovereign bond rating, citing the growing debt pile that it warned could balloon further.

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Ryanair annual profit drops 16% as fares fall

Ryanair annual profit drops 16% as fares fall

Irish no-frills carrier Ryanair on Monday said net profit fell 16 percent in its financial year as it cut ticket prices to boost passenger numbers.

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