WORLD


Moneylife Digital Team 22 July 2024
United States (US) president Joe Biden decided to withdraw from the race to be the next president, following mounting pressure from Democrats after a faltering debate performance against Republican candidate Donald Trump last month. Mr Biden has endorsed 59-year-old Kamala Harris, the incumbent...

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A whistle-blower had raised serious safety concerns about OceanGate's tourist submarine called Titan that went missing with five people during an expedition to the Titanic's wreckage in the North Atlantic. He was later fired after presenting a 'scathing quality control report on the...

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Elizabeth Holmes, the founder of US-based blood-testing company Theranos who was found guilty of defrauding investors, must report to prison by May 30, a court has ruled.   Judge Edward Davila ordered Holmes to turn herself in to the Bureau of Prisons by May 30 to start serving her...

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Mauritius Financial Services Minister Mahen Kumar Seeruttun has told the countrys Parliament that the allegations of the presence of shell companies in Mauritius are false and baseless.   The Mauritius minister gave this reply in response to a question about Hindenburg Research's...

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Google will give around $100 million to The New York Times over three years as part of a broad deal to use its content on some of its platforms, the media reported.   According to the Wall Street Journal, the Alphabet company will use the NYT content on Google News Showcase and some...

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Ken Ward Jr (Mountain State Spotlight)  and   Alex Mierjeski (ProPublica) 28 April 2023
This article was produced for ProPublica’s Local Reporting Network in partnership with Mountain State Spotlight.   Whenever a hard rain fell on Harlan County, Kentucky, the mud, rocks and debris from the Foresters No. 25 mine pounded down the hillside into the community of Wallins...

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Bill Gates, Hillary Clinton, Shah Rukh Khan, Virat Kohli, Priyana Chopra Jonas are some of the popular names among the more than 400K (thousand) users who on Friday lost their Twitter Blue ticks, even as chief executive officer (CEO) Elon Musk removed all legacy verified...

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Chaos prevailed on Twitter on Friday when Elon Musk finally removed all legacy verified accounts with Blue check marks but allowed some celebrities to retain it.   In India, one has to shell out Rs 900 a month (or Rs 9,400 a year) to get Blue Verified status.   As more than 4...

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US prosecutors have arrested Do Kwon, the cryptocurrency entrepreneur behind the crash of two digital currencies (TerraUSD and Luna) that lost over $40 billion last year, and charged him with fraud.   Kwon, the wanted co-founder of Terraform Labs behind a multibillion-dollar crash of...

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Troubled banking giant Credit Suisse says it will borrow up to US$54bn (billion) from the Swiss central bank to shore up its finances.   The lender said it was taking decisive action to strengthen its liquidity as it looked to become a simpler bank, the BBC reported.   Shares...

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The German Federal Financial Supervisory Authority (BaFin) has ordered the US-based Silicon Valley Bank (SVB) to halt the operations of its Germany branch.   SVB, previously the 16th largest bank in the US that had been operational for 40 years, collapsed last week.   The...

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Andy Kroll  and   Andrea Bernstein (ProPublica)  and   Nick Surgey (Documented) 10 March 2023
This story was originally published by ProPublica.   A few months ago, Leonard Leo laid out his next audacious project.   Ever since the longtime Federalist Society leader helped create a conservative supermajority on the Supreme Court, and then received more than a billion...

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Christopher Wray, Director of the US Federal Bureau of Investigation (FBI), has said that the Covid-19 pandemic "most likely" originated from a "Chinese government-controlled lab" in Wuhan city.   In an interview with Fox News on Tuesday, Wray said: "The FBI has for quite some time...

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Gursimran Kaur Bakshi (The Leaflet) 01 March 2023
A disinformation contractor of Israeli origin is known to have meddled in elections across more than 30 countries, including India, through sophisticated technology that creates thousands of fake social media profiles using bots.  —-   Earlier this month, an international...

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No, I am not being facetious, nor have I invented the term. You will find ‘Al Bakistan’ written on the number plates of many cars and bikes in Pakistani Punjab.   The Pakistanis who own these vehicles are not being flippant either. This term proclaims the ‘Arabic’ origin of the people...

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Ryan Gabrielson  and   J David McSwane (ProPublica) 27 February 2023
This story was originally published by ProPublica.   Bonnie Martin kept the bleeding secret for as long as she could. Her sisters, boyfriend and sons knew nothing of her illness until suddenly, during a family gathering in October 2018 at a diner in Annapolis, Maryland, she began...

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IANS 24 February 2023
US President Joe Biden has named Ajay Banga, the former Indian American head of Mastercard, to head the World Bank, the white House said announced on Thursday.   If confirmed by the World Bank Board, Banga will be the first person of Indian descent to head the World Bank. He will...

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IANS 23 February 2023
Though global growth outlook has improved in recent months, it is expected to decelerate during 2023, said the RBI's (Reserve Bank of India's) rate-setting monetary policy committee (MPC), which, in its meeting on 8th February, had raised the repo rate by 25 basis points to 6.50% with...

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IANS 15 February 2023
In a move to boost the transition to electric vehicles (EVs), the European Parliament has approved the law to ban the sale of new gas and diesel cars in the EU, starting in 2035.   The new legislation sets the path towards zero CO2 emissions for new passenger cars and light commercial...

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IANS 13 February 2023
The death toll from the twin earthquakes that rocked Turkey and Syria last week has climbed to 29,605 and 1,414 respectively.   The number of wounded, meanwhile, rose to more than 80,000 in Turkey and 2,349 in Syria, according to official figures released on Sunday.   Turkey...

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