Smog in the country's second-largest city Lahore has risen to dangerous levels.

Brent crude futures rose above $80 a barrel for the first time since early May amid signs of

By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist hedge fund Starboard Value's CEO Jeff Smith said on Tuesday that Rupert Murdoch's

Microsoft has made a major change to its proposed takeover of the developer of Call of Duty, in yet another attempt to get it completed. The company is hoping to buy Activision Blizzard for $69 billion, or £54 billion, in what would be one of the biggest sales ever. But it has faced intense regulatory scrutiny, including by the UK’s Competition and Markets Authority, which has looked to block the deal. Now it has said that it has sent a fresh proposal for how the takeover would work in an attempt to convince the CMA that the deal should go ahead. But it has stressed that there is still no “green light” for the deal. It came as the regulator confirmed on Tuesday that Microsoft‘s original plan to buy the computer games company “cannot proceed”. Under the new proposal, Microsoft would sell off its rights to offer games via the cloud for new or existing Activision PC or console games for the next 15 years outside the European Economic Area (EEA). It will instead sell those rights to Ubisoft, a rival developer known for the Assassin’s Creed and Far Cry games series. This is designed to ensure that gamers have access to Activision Blizzard’s games, even on consoles and computers not made by Microsoft. The CMA will now launch a new probe into this deal, a so-called Phase 1 investigation. CMA chief executive Sarah Cardell said: “The CMA has today confirmed that Microsoft‘s acquisition of Activision, as originally proposed, cannot proceed. “Separately, Microsoft has notified a new and restructured deal, which is substantially different from what was put on the table previously “This is not a green light. We will carefully and objectively assess the details of the restructured deal and its impact on competition, including in light of third-party comments.” Microsoft president Brad Smith said: “Under the restructured transaction, Microsoft will not be in a position either to release Activision Blizzard games exclusively on its own cloud streaming service, Xbox Cloud Gaming, or to exclusively control the licensing terms of Activision Blizzard games for rival services.” It marks a new twist in the case, the biggest fight the CMA has taken on since gaining new post-Brexit powers. At one point the case looked like as though it would only end after a court battle. In January 2022 Microsoft announced that it planned to buy Activision Blizzard, the company behind the Call Of Duty and World Of Warcraft games, for an eye-watering sum. When the UK was still an EU member, a deal of that size would have been assessed by regulators in Brussels. But after Brexit the CMA now has the power to investigate such deals itself. Although both companies are American, both have significant businesses in the UK so their tie-up could have a significant impact on competition here. Activision Blizzard chief executive Bobby Kotick said: “For us, nothing substantially changes with the addition of this divestiture: our merger agreement with Microsoft, closing deadline, and the cash consideration to be paid for each Activision Blizzard share at closing remain the same. “We will continue to work closely with Microsoft and the CMA throughout the remaining review process, and we are committed to help Microsoft clear any final hurdles as quickly as possible. “This has been a longer journey than expected, and I am very proud of how focused everyone has remained on delivering great games.” Additional reporting by agencies Read More Meta could finally launch Threads feature everyone is waiting for Japanese scientists hoping for a message from alien life imminently iPhone 15 could bring two major changes to fix battery life Meta could finally launch Threads feature everyone is waiting for Japanese scientists hoping for a message from alien life imminently iPhone 15 could bring two major changes to fix battery life

The shingled one-room structure where Arthur Miller worked at his home in Connecticut, from 1958 until his death in 2005, has been sitting behind the Roxbury town hall

A Russian missile attack in Ukraine has killed a 10-year-old boy and his grandmother

HOUSTON The head of Exxon Mobil's multi-billion-dollar shale oil business on Oct. 25 is scheduled to be appear

Reza Baluchi tried to "run" from Florida to London in a homemade vessel during hurricane season.

BYD Co.’s sales of electric and plug-in hybrid vehicles hit a record in November, helped by price cuts

A video showing Wagner chief Yevgeny Prigozhin’s thoughts on death has been shared on a Telegram channel linked to the mercenary group, just hours after its chief and co-founder were feared to have died in a plane crash. Prigozhin, a former prison convict and one of Vladimir Putin’s closest associates until he launched a failed military coup in June, is believed to have died in the plane crash between Moscow and St Petersburg. The Grey Zone Telegram channel, which provides both official and unofficial updates on Wagner activities, hailed Prigozhin as a hero and a patriot who died at the hands of unidentified “traitors to Russia” earlier on Wednesday. And it later shared an undated video showing the Wagner chief’s remarks on death. “‘We will all go to hell, but we will be the best in hell,’ sums up Yevgeny Prigozhin,” the channel said in a post citing excerpts from an old interview. Prigozhin can be seen laughing in the video while seated inside a low-lit makeshift tent and talking to some people. The time and location of the video is not known. The Telegram channel Gray Zone also published remarks on death by the Wagner chief’s close associate and co-founder Dmitry Utkin, who is heard but not seen in the video. Utkin, the co-founder of the Wagner group, is also said to be among the victims of the plane crash. “Death is not the end, it’s just the beginning of something else,” the channel quoted Utkin as saying. Almost two months after the military coup staged by Prigozhin near Moscow, Russian authorities on Wednesday evening claimed he and Utkin were among 10 people onboard a plane which crashed in the Tver oblast north of Moscow with no survivors. Prigozhin’s death leaves the Wagner Group leaderless and raise questions about its future operations in Africa and elsewhere. No official comment has been released from the Kremlin or the Russian defence ministry on the whereabouts of Prigozhin, who was a self-declared enemy of the army’s leadership over what he had argued was its incompetent execution of Russia’s war in Ukraine. Prigozhin’s mercenary fighters waged a brutal battle – dubbed the “meat grinder” – in Bakhmut last year in winter, where they eventually handed Moscow its biggest territorial gain in many months. But a few months later, Prigozhin accused Mr Putin’s defence ministry of starving him of ammunition and supplies. He spent months criticising the way Russia was handling its Ukraine invasion, and had tried unsuccessfully to topple defence minister Sergei Shoigu and Valery Gerasimov, the chief of the General Staff. The 62-year-old, who said he should be called “Putin’s butcher”, spearheaded the mutiny against Russia’s top army brass which Mr Putin said could have tipped Russia into civil war. Wagner fighters shot down Russian attack helicopters during the revolt, killing an unconfirmed number of pilots and infuriating the military. The mutiny ended in just 24 hours as Prigozhin ordered his soldiers to return to their bases, but the incident was described as “treason” in a public address by Mr Putin. He later said that he had pardoned Prigozhin following talks over tea in Moscow. Read More Ukraine war - live: Wagner chief Prigozhin and co-founder ‘killed’ in Russia plane crash as Putin at concert Who is Yevgeny Prigozhin? Wagner Group mercenary chief feared dead in plane crash What was Vladimir Putin doing as Wagner chief rival ‘killed’ in plane crash? Prigozhin has made plenty of enemies – including Putin. This is the result Independent verified footage shows plane wreck believed to be carrying Yevgeny Prigozhin

The number of Americans applying for unemployment benefits was unchanged last week, remaining at historically low levels in another sign that the U.S. job market remains strong in the face of higher interest rates

“Barbie” is set to open across the Middle East on Thursday, but moves by Kuwait and Lebanon to ban the film over its themes on gender and sexuality have raised questions over how widely it will be released