BlackRock, MSCI Probed by US Lawmakers Over China Investment
A US congressional committee is investigating BlackRock Inc. and MSCI Inc. for allegedly helping to facilitate American investment
2023-08-01 23:49
US Job Openings Fall to Lowest Level Since 2021, Layoffs Ease
US job openings fell in June to the lowest level since April 2021, suggesting some softening in demand
2023-08-01 23:47
Saudi Wealth Fund Hires Banks for Second Bond Sale This Year
Saudi Arabia’s sovereign wealth fund has hired banks for a debut Islamic dollar bond sale to help finance
2023-08-01 21:48
Rex Heuermann - latest: Gilgo Beach murder suspect to appear in court as wife asks for privacy
Gilgo Beach suspected serial killer Rex Heuermann will appear in court on Tuesday for the first time since he pleaded not guilty in the bombshell case two weeks ago. Mr Heuermann will face a hearing at Suffolk County Court in Long Island, New York, according to court filings. It comes days after authorities revealed that a “massive amount” of evidence had been recovered from Mr Heuermann’s home in Massapequa – and after his estranged wife Asa Ellerup pleaded for privacy, saying the couple’s children “cry themselves to sleep” over the shock arrest and that she herself often wakes up “shivering” from the trauma. The 59-year-old suspect was arrested on 13 July and charged with six counts of murder in the deaths of Amber Castello, Megan Waterman and Melissa Barthelemy. He is also the main suspect in Maureen Brainard-Barnes’ killing. The women, all sex workers in their 20s, went missing in 2009 and 2010. Their remains were later found along a stretch of roadway in the Long Island shoreline community of Gilgo Beach. Mr Heuermann pleaded not guilty in his first court appearance on 14 July, where he cried: “I didn’t do this.” Read More Rex Heuermann’s wife pleads to be left alone after his arrest for Gilgo Beach murders Police rule out link between Gilgo beach killings suspect and unsolved murders in Atlantic City in 2006 How the Gilgo Beach serial killer turned the Long Island shore into a graveyard
2023-08-01 20:50
Merck Raises 2023 Sales Forecast as Cancer Drug Keytruda, Gardasil Vaccine Surge
Merck & Co.’s Keytruda and Gardasil soundly beat analysts’ estimates for quarterly sales, driving the company’s annual revenue
2023-08-01 19:25
Ukraine-Russia war – live: Putin’s troops ‘feeling fatigue’ on frontline as another drone strike hits Moscow
A skyscraper in Moscow was the target of a drone attack for the second time in two days, as Volodymyr Zelensky warned Vladimir Putin the "war is returning" to Russia. Russia’s defence ministry claimed its anti-aircraft units downed drones headed for Moscow, but one of them ended up hitting the same high-rise building that was struck last Sunday. Mayor Sergei Sobyanin said that while the attack damaged the facade of the skyscraper’s 21st floor, it didn’t cause any injuries. Ukraine almost never publicly claims responsibility for attacks inside Russia or on Russian-controlled territory in Ukraine, but has increasingly highlighted how destroying Russia’s military infrastructure helps Kyiv’s counteroffensive. This comes as a 10-year-old girl and her mother were among at least six people killed after two Russian ballistic missiles struck an apartment complex and a university building in Zelensky’s hometown yesterday. At least 75 people were injured in the attack on Kyryvi Rih, as Zelensky called it an act of Russian “terror”. The head of Zelensky’s office, Andriy Yermak said the “Russian army is barraging Kherson” and targetting residential areas, adding that four people had been killed and 17 injured in the city. Read More Drones, military confusion and cracks in Putin’s authority: Ukraine’s push to sow discord in Russia’s ranks UK sanctions Moscow judges after British-Russian dissident Vladimir Kara-Murza’s appeal rejected Ukraine says Russian missiles hit another apartment building and likely trapped people under rubble
2023-08-01 17:45
Wall Street Economists Are Looking at a September Rate Pause
Federal Reserve Chair Jerome Powell has left the door open to another interest-rate hike, but Wall Street economists
2023-08-01 17:27
Chinese Developer Country Garden Slides as Funding Woes Worsen
One of China’s last major developers to have so far avoided defaults amid the nation’s property debt crisis
2023-08-01 17:22
Elon Musk ‘stopped Ukraine military using Starlink for military operation’
Billionaire Elon Musk reportedly restricted his Starlink internet access multiple times in Ukraine, which has affected Kyiv’s battlefield strategy. The world’s richest man denied the Ukrainian military’s request to turn on Starlink near Crimea, the Russian-controlled territory, during the ongoing war with Russia, the New York Times reported, citing people familiar with the situation. The Tesla CEO has been providing Starlink service to Ukraine since late February 2022, just days after Russian president Vladimir Putin launched his unprovoked invasion and a cyberattack took down the country’s internet. SpaceX’s Starlink makes up the majority of satellites orbiting Earth with more than 4,000 of them in the low-Earth orbit. Mr Musk’s unilateral hold over his satellite internet technology, which has been an essential part of Ukraine's communications since the war, has raised concerns among officials, according to the report. In February this year, SpaceX announced it had taken steps to prevent Ukraine's military from using the Starlink satellite internet service for controlling drones in the region. Following the announcement, Ukrainian presidential advisor Mykhailo Podolyak said SpaceX needed to pick a side in the war against Russia. Ukrainian authorities worried about over-dependence on a single source technology held talks with other satellite internet providers. But they acknowledged none rival Starlink’s reach. “Starlink is indeed the blood of our entire communication infrastructure now,” Mykhailo Fedorov, Ukraine’s digital minister, told NYT. The technology, he said, enabled artillery teams, commanders and pilots to watch drone footage simultaneously while chatting online. According to soldiers, the response times from finding a target to hitting it have been cut to about a minute from nearly 20 minutes. “The huge number of lives that Starlink has helped save can be measured in the thousands,” Mr Fedorov added. “This is one of the fundamental components of our success." Mr Musk also asked the US last year to fund for their internet services to Ukraine because they could not continue the arrangement. The company estimated the cost at nearly $400m over 12 months, according to a SpaceX letter reported by CNN. About 1,300 Starlink terminals purchased through a British supplier stopped working last year after the Ukrainian government could not pay the $2,500 monthly fee for each, according to the report. Meanwhile, defence secretary Lloyd Austin in June approved a Pentagon deal to buy 400 to 500 new Starlink terminals and services, that would provide the Pentagon control of the setting where the internet signal worked inside Ukraine for new devices to carry out “key capabilities and certain missions”. The Independent has reached out to Space X for a comment. Read More Elon Musk’s Starlink satellites are leaking radiation that harms deep space astronomy, study warns 'X' logo installed atop Twitter building, spurring San Francisco to investigate permit violation Ukraine war – live: Putin’s aide says Russia ‘would be forced’ to go nuclear if Kyiv’s pushback is successful
2023-08-01 16:48
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:15
Ukraine-Russia war – live: Moscow skyscraper hit by second drone attack in two days
A skyscraper in Moscow was the target of a drone attack for the second time in two days, as Volodymyr Zelensky warned Vladimir Putin the "war is returning" to Russia. Russia’s defence ministry claimed its anti-aircraft units downed drones headed for Moscow, but one of them ended up hitting the same high-rise building that was struck last Sunday. Mayor Sergei Sobyanin said that while the attack damaged the facade of the skyscraper’s 21st floor, it didn’t cause any injuries. Ukraine almost never publicly claims responsibility for attacks inside Russia or on Russian-controlled territory in Ukraine, but has increasingly highlighted how destroying Russia’s military infrastructure helps Kyiv’s counteroffensive. This comes as a 10-year-old girl and her mother were among at least six people killed after two Russian ballistic missiles struck an apartment complex and a university building in Zelensky’s hometown yesterday. At least 75 people were injured in the attack on Kyryvi Rih, as Zelensky called it an act of Russian “terror”. The head of Zelensky’s office, Andriy Yermak said the “Russian army is barraging Kherson” and targetting residential areas, adding that four people had been killed and 17 injured in the city. Read More Drones, military confusion and cracks in Putin’s authority: Ukraine’s push to sow discord in Russia’s ranks UK sanctions Moscow judges after British-Russian dissident Vladimir Kara-Murza’s appeal rejected The $3.9 billion UN humanitarian appeal for Ukraine is only 30% funded, UN aid official says Ukraine says Russian missiles hit another apartment building and likely trapped people under rubble
2023-08-01 14:57
Lori Vallow sentencing – live: ‘Cult mom’ gets life in prison after claiming murder victims are ‘very happy’
“Cult mom” Lori Vallow has been sentenced to life in prison with no parole for the murders of her two children in a dramatic case that gripped the nation. Vallow, 50, was convicted in May of killing her seven-year-old son Joshua “JJ” Vallow, 16-year-old daughter Tylee Ryan, who vanished without a trace in September 2019. She was also found guilty of conspiring to kill her husband Chad Daybell’s first wife, Tammy, who died in October 2019. The verdict came after prosecutors convinced a jury that Vallow and Mr Daybell conspired with her brother Alex Cox to murder Tammy, JJ and Tylee as part of their bizarre cult beliefs – but also for financial purposes so that they could collect Tammy’s life insurance money and the children’s social security and survivor benefits. Before the sentence was handed down, the court heard victim impact statements from several family members devastated by the harrowing saga that’s seen countless twists and turns over four years. To the surprise of many, Vallow spoke herself and appeared to show no remorse for the deaths of her children and Tammy, claiming they were “busy” and “happy” in heaven. She appeared emotionless as the sentence was handed down. Read More Lori Vallow finally broke her silence at the sentencing. It was too late Lori Vallow claims ‘no one was murdered’ as she breaks silence in bizarre sentencing statement ‘Monster’ Lori Vallow is confronted by victims’ sobbing families at sentencing: ‘Cruel campaign of terror’
2023-08-01 14:25