Business News
The volcano in front of the Mirage Hotel and Casino erupted for the last time ahead of its July 17, 2024, closure. Hundreds of workers went on strike early Friday morning at a hotel near the Las Vegas Strip. Around 700 hospitality workers walked off the job at Virgin Hotels Las Vegas as contract negotiations … Read more
By Brenda Goh WUXI, China (Reuters) – A former student went on a stabbing rampage at a vocational college in eastern China, killing eight people and injuring 17, police said on Sunday, prompting further soul-searching just days after the deadliest attack in the country in a decade. Saturday’s knife attack took place at the Wuxi … Read more
Michael Calvey was one of the west’s biggest champions of investing in Russia — even after security services threw him in a cell in “Kremlin Central”, a VIP wing of a notorious Moscow prison. Now, the founder of private equity firm Baring Vostok is glad to be out. The Oklahoman, 57, has emerged from a … Read more
As President-elect Donald Trump makes a flurry of choices to fill out his incoming administration’s Cabinet, the lobbying for key positions has been fierce behind closed doors — and sometimes publicly. Now billionaire and key Trump ally Elon Musk is calling for more direct public input into the decision-making process for at least one top post: the head of the … Read more
In a viral video, Bengaluru autorickshaw driver Pavan Kumar claimed that a woman passenger booked two autos for the same trip, causing confusion. According to him, she used two different apps—Ola and Rapido—leading to two autos arriving for her. The video, filmed by Pavan himself, shows him insisting that she had booked his ride through … Read more
Investors Are Betting on a Market Melt-Up
PM Images The global economy will experience another year of solid growth in 2025, with the U.S. outperforming expectations while the euro zone lags behind amid fresh tariffs expected from the incoming Trump administration, said Goldman Sachs. The investment firm expects worldwide GDP
Scandinavian Airlines flight SK957 had to return to Europe instead of completing service to Miami, after severe turbulence over Greenland sent passengers and baggage flying. (Credit: Sammy Solstad) A Scandinavian Airlines flight was rerouted back to Europe after severe turbulence forced its return, according to a statement. Flight SK957 with service to Miami traveled back … Read more
KYIV (Reuters) – Blasts shook Ukraine’s capital Kyiv and other cities while neighbouring Poland scrambled its air force early on Sunday after the two countries said a Russian missile attack was under way. “Due to the massive attack by the Russian Federation using cruise missiles, ballistic missiles and unmanned aerial vehicles on objects located, among … Read more
Xavier Niel, one of Europe’s top technology investors, believes the region can succeed in creating leading artificial intelligence companies even without the billions in capital raised by US competitors — as long as founders are not tempted to cash out too early. “I think we can create big things with a few hundred million euros,” … Read more