KUALA LUMPUR, Malaysia (AP) – Malaysia’s government said Tuesday that it was seeking $251 million in compensation from Norwegian company Kongsberg Defense & Aerospace AS after Norway abruptly revoked an export permit that scuttled a naval missile defense deal for Malaysia’s combat ships.
NEW YORK (AP) - The U.S. stock market gave back more of its record-setting rally. The S&P 500 fell 0.7% Tuesday for its third straight loss since setting its latest all-time high. The Dow Jones Industrial Average dropped 0.6%, and the Nasdaq composite sank 0.8%. The declines followed mixed moves for stock markets abroad, while oil prices eased.
MALE, Maldives (AP) – Divers on Tuesday recovered the bodies of two of the four remaining Italians who died deep inside an underwater cave in an atoll in the Maldives last week, a spokesperson for the Indian Ocean nation said, while describing “very challenging” conditions like poor visibility and strong currents.
CANNES, France (AP) – The Cannes Film Festival can function like a global water cooler for movies, with prevailing issues and anxieties tending to come to the surface at the event. This year, the topic du jour is artificial intelligence.
BEIJING (AP) – A 5.2 magnitude earthquake struck south China’s Guangxi region early Monday, killing two people, toppling buildings and triggering the evacuations of thousands, state media reported.
OAKLAND, Calif. (AP) – After prevailing in its court fight with Elon Musk, OpenAI – the ChatGPT maker valued at $852 billion – remains on track for what could be one of the largest initial public offerings in history.
HONG KONG (AP) – A Hong Kong court on Tuesday concluded final arguments in a national security trial for two former organizers of the city’s vigils remembering the 1989 Tiananmen Square crackdown.
MANILA, Philippines (AP) – The Philippine Senate convened as an impeachment court Monday for the trial of Vice President Sara Duterte over criminal charges, in a time of deep divisions that erupted into an exchange of gunfire last week in the chamber.
NEW YORK (AP) – U.S. prosecutors asked a judge Monday to dismiss criminal fraud and conspiracy charges against Indian billionaire Gautam Adani, who had been accused of duping investors in a massive solar project in India. Adani, one of the world’s richest people, was accused in 2024 of paying massive bribes to ensure the project’s success.
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