Destruction from Indonesia tsunami comes into focus
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US Steel, the 122-year old company that was once America’s biggest, is set to be sold to Nippon Steel
The U.S. Steel Corporation, once America’s largest steelmaker and most valuable company, is set to be acquired by Japanese company Nippon Steel for $14.9 billion. Nippon Steel — the world’s fourth-largest steel producer — clinched the deal with an all-cash offer, outbidding American steelmakers Cleveland-Cliffs and Nucor, per the company’s announcement on Monday. The offer marked a 40%…
The US economy is booming — but Japan and the UK just slipped into recession. Here’s why.
The US economy managed to shake off Wall Street’s gloomy forecasts and dodge a long-predicted slump last year — but the same can’t be said for two other members of the G7. Japan and the UK are both officially in recession, according to figures published Thursday, after Gross Domestic Product (GDP) fell for two consecutive…
Kyiv attacked as world leaders meet at G20
Russia has attacked the Ukrainian capital Kyiv, damaging residential buildings close to the city centre. In what appears to be a nationwide attack, strikes were also reported in Mykolaiv, Chernihiv and Zaporizhzhia, among other places. In Kyiv, three buildings in the Pechersk district were hit, according to mayor Vitaliy Klitschko. World leaders are currently at…
Nigerian troops rescue 62 hostages in crackdown on armed gangs, army says
Mass kidnappings are increasingly common in Nigeria, with armed gangs targeting remote communities where security and government presence is limited. Nigerian troops have freed 62 hostages – and killed two militants in a separate operation – as part of an ongoing offensive against armed gangs, the army has said. Army spokesperson Lieutenant Colonel Olaniyi Osoba…
- Breaking News | News | Russia
Putin arrives in North Korea ahead of talks with Kim Jong Un
Russian President Vladimir Putin arrived in North Korea to a red carpet welcome on Tuesday night at the start of his first visit to the totalitarian state in 24 years. Mr Putin was met on the tarmac by North Korean leader Kim Jong Un and – flanked by a military guard of honour – the…
- Breaking News | News | Ukraine
How is the latest Ukrainian raid into Russian territory different?
Euronews takes a closer look into what we know so far about the ongoing cross-border Ukrainian assault in Russia’s Kursk region that began on Tuesday. In the past, Ukrainian forces have launched a few incursions into Russian territory, with the most recent being in March this year, when three anti-Kremlin armed units crossed into Belgorod…
