Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan have concluded talks aimed at strengthening bilateral ties and addressing regional security issues, including the situation in war-torn Syria. Wednesday’s meeting in Russia’s Black Sea resort of Sochi lasted for nearly three hours, marking […]
Day: September 29, 2021
Cathie Wood’s Ark Investment sells $270M worth of Tesla stake
Cathie Wood sold a near $270 million stake in Tesla Inc. as the bond selloff hit rate-sensitive technology stocks to spur outflows from her growth-focused funds. Wood’s Ark Investment Management offloaded more than 340,000 Tesla shares across three exchange-traded funds on Tuesday, according to the […]
Energy crunch: China mulls hiking power prices for factories
The Chinese government is considering raising power prices for industrial consumers to help ease a growing supply crunch. The rate hikes for factories could come in the form of higher flat fees, or in rates that are linked to the price of coal, according to […]
Death toll in Ecuador prison riot tops 100: Officials
Officials in Ecuador say more than 100 inmates have been killed and 52 others injured in a riot between rival gangs inside a prison, the latest in a series of deadly clashes in the Andean nation’s overpopulated and understaffed prison system. The country’s prisons bureau […]
Brazil’s Bolsonaro complains about gas prices as inflation soars
Brazil President Jair Bolsonaro is putting pressure on governors and lawmakers to reduce taxes on diesel and cooking gas in a bid to rein in rising energy prices that are hurting his popularity. “There is no reason for cooking gas to cost 50 reais ($9.21) […]
US judge suspends Britney Spears’s father from conservatorship
A judge in the United States has suspended Britney Spears’s father from the conservatorship that has controlled the singer’s life and money for 13 years. Los Angeles Superior Court Judge Brenda Penny on Wednesday agreed with a petition from Spears and her lawyer, Mathew Rosengart, […]
PAHO says it is buying more COVID vaccines for Americas
The Pan American Health Organization (PAHO) has said it is pushing to secure additional COVID-19 vaccines for residents of the Americas amid huge discrepancies in vaccination rates between countries in the region. PAHO, the Americas branch of the World Health Organization (WHO), announced on Wednesday […]
Overseas fans banned from 2022 Beijing Winter Olympics
Next year’s Winter Olympics in Beijing will be held without fans from overseas with tickets restricted to fans living in China because of the COVID-19 pandemic, the International Olympic Committee (IOC) has announced. The IOC also said only fully vaccinated participants at the Games, which […]
China power cuts, UK petrol woes: Why is there an energy crunch?
Unprecedented power cuts in Northern China left millions without electricity, ground factories to a halt and sent workers to the hospital with carbon monoxide poisoning after ventilators lost power during a blackout. “Sorry out of use” signs have become ubiquitous at petrol stations in many […]
Canada court upholds Indigenous child compensation order
A Canadian federal court has upheld a human rights tribunal decision ordering Ottawa to compensate Indigenous children and their families who faced discrimination in the provision of government services, the latest development in a years-long fight by Indigenous rights advocates. The Canadian Human Rights Tribunal […]