The consumer products giant takes a US$200 million tariff hit from China, Canada, and US$600 million from global sources.

Oil prices jump over US$2 after US treasury secretary Scott Bessent warned China could face tariffs for buying Russian oil.

The US treasury secretary also criticises Beijing for buying Iranian oil and selling tech that fuels Russia’s war in Ukraine.

“The worst-case scenario of famine is now unfolding in the Gaza Strip,” said the UN-backed group of organisations, used as a monitor to gauge malnutrition. “Immediate, unimpeded” humanitarian access ...

It follows a call by the Palestinian UN delegation for both Israel and Hamas to withdraw, enabling the Palestinian Authority ...