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COVID 19 Articles
David’s Bridal plans to spin off AI platform Pearl into publicly traded company
David’s Bridal plans to separate its artificial intelligence platform Pearl into an independent publicly traded company with a target valuation of approximately $350 million, expected to close in the first half of 2027.
Comcast beats earnings expectations as media revenue offsets weakness in connectivity
Comcast surpassed third-quarter earnings expectations, with its Peacock streaming service posting a quarterly profit and media revenue rising 13% year-over-year, offsetting weakness in connectivity and theme parks.
Earnings beats are now the norm. What the stock market needs to keep rallying
Third-quarter earnings season begins with high expectations for nearly 30% profit growth, while tech faces pressure to sustain momentum with guidance.
Bank of America shares drop after third-quarter revenue miss and regulatory penalty
Bank of America shares fell nearly 5% after the bank reported a $1.2 billion regulatory penalty and trading revenue that missed expectations by roughly $570 million in the third quarter.
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Who is Alejandro Betancourt, the colourful oil baron behind US-Venezuela oil deal?
The US has granted North American Blue Energy Partners control of 17 Venezuelan oil fields under a deal led by oil baron Alejandro Betancourt López, who faces investigations in multiple countries but has never been convicted.
South Africa’s Sharpeville massacre survivors start legal fight for justice and compensation
Survivors of South Africa’s 1960 Sharpeville massacre are pursuing legal action to overturn an indemnity law that has protected perpetrators from prosecution for over six decades.
Sydney police investigate second possible mistaken identity shooting in two days
Sydney police are investigating two fatal shootings in consecutive days that may have resulted from mistaken identity cases linked to organised crime, leaving two men dead.
Why Nepal floods should worry India
Nepal’s devastating floods pose risks that extend across its borders into India, with major Himalayan river systems creating complex flood dynamics affecting multiple Indian states, particularly Bihar.
Trump $1 coin makes him first living president on US currency in a century
The US Mint launched a special $1 coin featuring Donald Trump’s portrait, making him the first living president on American currency in a century.
Thursday briefing: What life is like in a West Bank village under siege from Israeli settlers
A new UK government ban on Israeli settlement trade is expected as violence escalates in the West Bank, where residents like Loui Abu Ridi face months-long sieges by settlers blocking access to food and medicine.
Wife of British man at risk of deportation from Sweden calls on Burnham to intervene
A British man detained in Stockholm faces deportation despite an ongoing court appeal, prompting his Swedish wife to call on the UK prime minister to intervene in what she describes as a Brexit-related crisis affecting multiple British families in Sweden.
Pakistan’s Punjab allows ‘secret’ terrorism trials: Why it’s controversial
Punjab has passed legislation allowing terrorism trials to be conducted in near-total secrecy, with judges, prosecutors, and witnesses remaining anonymous. The law has drawn criticism from opposition politicians, lawyers, and rights groups who worry it violates due process protections.
Russia to close Goethe-Institut centres as Germany tensions escalate
Russia says it will close Goethe-Institut cultural centres in Moscow, Saint Petersburg, and Yekaterinburg after Germany shut a Russian cultural facility in Berlin.
Norway seizes Russian ship in Arctic over Crimea compensation claim
Norway seized a Russian ship in the Arctic to enforce a $4.22 billion compensation claim by Ukrainian energy firm Naftogaz over assets Russia expropriated in Crimea.
‘An impasse’: EU ministers fail to break deadlock over Israel and Ukraine
EU ministers failed to reach consensus on trade sanctions against Israel and military support for Ukraine at a two-day gathering in Ireland, with divisions preventing coordinated European action on both issues.
Yair Netanyahu, Israeli PM’s son, angers UK right over Falklands
Yair Netanyahu’s comments supporting Argentina’s Falkland Islands claim have drawn criticism from British right-wing figures typically supportive of Israel, complicating diplomatic relations.