AIG and Onex Partner in $7 Billion Acquisition of Convex

American International Group (AIG) and Canadian investment firm Onex Corporation have agreed to acquire specialty insurer Convex Group in a transaction valued at $7 billion, marking one of the largest insurance deals of 2025. Deal Structure Onex announced it will take a 63% controlling stake in Convex, while AIG will acquire 35%, with the remaining […]

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President Trump and Xi Meet in Busan to Seek Breakthrough in U.S.-China Trade Standoff

U.S. President Donald Trump and Chinese President Xi Jinping held their first face-to-face meeting in six years on Thursday, 30 October 2025, in the South Korean port city of Busan, aiming to ease tensions and restore stability between the world’s two largest economies. The high-stakes encounter took place on the sidelines of the Asia-Pacific Economic […]

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South Sudan at risk of return to war, UN investigators warn

Addressing the UN General Assembly, the Commission on Human Rights in South Sudan highlighted escalating armed clashes, political detentions, and widespread human rights violations, calling for coordinated efforts to safeguard civilians and uphold justice. “South Sudan’s political transition is falling apart,” Commissioner Barney Afako told the Assembly. “The ceasefire is not holding, political detentions have […]

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NEC to Acquire U.S. SaaS Provider CSG Systems in $2.9 Billion Deal

Japanese technology giant NEC Corporation has announced a definitive agreement to acquire CSG Systems International, a U.S.-based software-as-a-service (SaaS) provider, in a transaction valued at approximately US$2.9 billion (JPY 438.5 billion), including debt. The deal, unveiled on 29 October 2025, underscores NEC’s ambition to expand its global digital services portfolio and strengthen its position in […]

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Rolls-Royce Achieves World First with 100% Methanol Marine Engine Test

Rolls-Royce has successfully tested the world’s first high-speed marine engine powered entirely by methanol, marking a major milestone in the global transition toward cleaner shipping fuels. The breakthrough, announced on 27 October 2025, positions methanol as a viable alternative to conventional marine fuels and underscores the company’s commitment to advancing sustainable propulsion technologies. The test […]

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‘Global perspective’ key to moving humanity forward in space

The role helps galvanise greater understanding of the transformative potential of space technology in addressing global challenges, including climate change, disaster management and sustainable development. Professor Cox told UN News that “we have to operate in certain areas as a single planet; space is one of the best examples of that,” adding that it does […]

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These new drugs are cheap, dangerous, and just a click away

Imagine a world where you can buy recreational drugs online and receive them in the post. Well, this world already exists, and not just with one or two substances, but hundreds. These drugs are known as new psychoactive substances (NPS), and their popularity shows no signs of slowing down. They are created with one very […]

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UN chief condemns Gaza killings, urges full respect for ceasefire

“The Secretary-General strongly condemns the killings due to Israeli airstrikes of civilians in Gaza yesterday, including many children,” UN Spokesperson Stéphane Dujarric told correspondents in New York. “He condemns all actions that undermine the ceasefire and endanger civilian lives.” Reassurances given Mr. Dujarric said António Guterres noted “the importance of the parties’ renewed assurances to […]

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Reported massacre at hospital in Sudan’s El Fasher leaves 460 dead

The World Health Organization says it’s appalled and deeply shocked by reports that 460 patients and their companions have been killed at Saudi Maternity Hospital in the city. Director-General Tedros Adhanom Ghebreyesus said that prior to this latest attack, WHO has verified 285 attacks on healthcare in Sudan with at least 1,204 deaths and over […]

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Nissan Partners with BYD to Meet EU CO₂ Emission Targets for 2025

Japanese automaker Nissan has confirmed its decision to join a carbon emissions pooling agreement with Chinese electric vehicle (EV) manufacturer BYD, in a strategic move to meet the European Union’s fleet-wide CO₂ targets for the 2025 calendar year. The partnership allows Nissan to offset its higher emissions from internal combustion engine vehicles by leveraging BYD’s […]

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