Israel vowed to escalate its response to an attack by the Palestinian militant group Hamas with a ground offensive, while U.S. President Biden pledged support for Israel, confirmed Americans are being held hostage by Hamas and issued a warning to anyone who might seek to take advantage of the situation.
- WorldPalestinians in Gaza say Israeli bombardment feels like new 'Nakba'
Palestinians in Gaza say Israeli bombardment has been so heavy they feel they are living their own "Nakba," the Arabic word for catastrophe that refers to the 1948 war of Israel's creation that led to their mass dispossession.
- Markets
Morning Bid: Fed pivot begins to crystallize
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
- MarketsExxon set to buy shale rival Pioneer for $60 billion in stock -sources
Exxon Mobil is expected to disclose on Wednesday it will buy U.S. rival Pioneer Natural Resources for about $60 billion, a deal that puts it atop the largest U.S. oilfield and secures a decade of low-cost production, according to people familiar with the matter.
