Author: ALJAZEERA

Truong My Lan accused of illegally transferring $4.5bn in latest development in country’s biggest-ever fraud case.A Vietnamese real estate tycoon sentenced to death for her role in the country’s biggest-ever fraud case is facing new charges for crimes including money laundering. Truong My Lan, the head of developer Van Thinh Phat, was found by police to have illegally transferred some $4.5 bn in and out of the country, state media said on Thursday. The Ministry of Public Security recommended that Lan be prosecuted for money laundering, fraudulent appropriation of property, and illegal transport of currency, the state-run Thanh Nien newspaper…

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Brussels, Belgium – Elections for the European Parliament traditionally focus on issues such as the cost of living, farm policies, climate change and the European Union’s migration policy. But as the continent prepared for this week’s critical votes, a new topic surged to the forefront – Palestine. How EU politicians are addressing Israel’s war on Gaza, violence in the occupied West Bank and the future of Palestine has become a central theme driving political discourse and voters’ choices in the 27-nation bloc. “Personally, I perceive it [Palestine] as a crucial factor that allows voters to see the true colours of…

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Israeli forces have bombed a United Nations-linked school in central Gaza, killing at least 32 displaced Palestinians and injuring dozens more, according to officials and local media. Hamas, which governs the Gaza Strip, condemned the predawn attack on Thursday as a “horrible massacre” and said many women and children were among those killed and wounded. The Palestinian Wafa news agency put the death toll at 32. The agency said that thousands of displaced Palestinians were sheltering at the Nuseirat camp’s al-Sardi school, which is linked to the UN agency for Palestinian refugees (UNRWA), when it came under attack. Ismail al-Thawabta,…

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Taipei, Taiwan – Ozempic is big business in China. Last year, the Danish pharmaceutical giant Novo Nordisk doubled its sales of the diabetes drug in the country to almost $700m – 5 percent of Ozempic’s global sales. Ozempic was approved in China to treat diabetes in 2021, but it has been its anti-obesity ingredient, semaglutide, that has fuelled demand for what many Chinese refer to as the “internet celebrity weight-loss drug”. Chinese female influencers and vloggers have promoted the use of Ozempic on Chinese social media. The same platforms are also the birthplace of a number of “beauty challenges” that…

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Washington, DC – United States President Joe Biden has suggested that Israeli Prime Minister Benjamin Netanyahu is prolonging the war on Gaza for political reasons, an accusation that highlights the apparent tensions between the two leaders. In a TIME Magazine interview published on Tuesday, the US president said there is “every reason for people to draw” the conclusion that Netanyahu is perpetuating the conflict for his own political ends. Biden’s remarks come as his administration pushes for a truce deal and exchange of captives between Israel and Hamas that Washington says would lead to an “enduring ceasefire” and the eventual…

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Outgoing CEO Dave Calhoun’s slated appearance comes after whistleblowers alleged problems in production of aircraft.Boeing’s outgoing chief executive will appear at the United States Senate to answer questions about whistleblowers’ claims of safety lapses at the aircraft giant. CEO Dave Calhoun’s slated appearance on June 18 comes after four whistleblowers told a Senate hearing in April that there were serious problems with the production of the 737 MAX, the 787 Dreamliner and the 777 aircraft. Senator Richard Blumenthal, who chairs the Permanent Subcommittee on Investigations, said Calhoun’s testimony would be a “necessary step” in addressing Boeing’s failures and regaining public…

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Dozens wounded in attacks on Bureij, Maghazi as only remaining working hospital in area ‘overflowing’ with patients, health official says.At least 15 people have been killed in Israeli ground and air attacks on the Bureij and Maghazi refugee camps in central Gaza, a Palestinian health official has said. “More than 15 martyrs and dozens of injuries reached the Al-Aqsa Martyrs Hospital in the last several hours,” a spokesperson for the Ministry of Health told reporters from outside the hospital grounds in central Gaza’s Deir el-Balah. If the “aggression” on the areas in central Gaza does not come to a halt,…

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Chipmaker’s market capitalisation passes $3 trillion after latest rally in stock price.Nvidia has overtaken Apple to become the world’s second-most valuable company, with furious demand for the chipmaker’s shares taking its valuation to over $3 trillion. Shares of Nvidia gained 5.2 percent on Wednesday to close at $1,224.40, lifting the company’s market capitalisation to $3.012 trillion. Microsoft, the world’s most valuable company, rose 1.91 percent, while Apple gained 0.78 percent. Nvidia’s rally continues an extraordinary streak of gains for the California-based firm, whose graphics processing units have fuelled a boom in artificial intelligence (AI). The company’s revenues have soared more…

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The first technical assessment by an international organisation says the hostilities impede data collection to prove famine is under way in northern Gaza, preventing a formal declaration of it.Famine is likely already under way in northern Gaza, an independent group of experts has warned in a new report. “It is possible, if not likely,” that famine is already stalking the enclave, the Famine Early Warning Systems Network (FEWS NET) said as it released its report on Tuesday. The continuing conflict in Gaza between Israel and Hamas, and the restrictions on humanitarian access to the enclave, have impeded the data collection…

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