Author: ALJAZEERA

Trump Media & Technology Group closes 16 percent higher, giving the company a market capitalisation of nearly $8bn.Shares of former Donald Trump’s social media company soared by as much as 59 percent on the first day of trading on Wall Street, boosting the former United States president’s expected windfall as he faces a growing list of legal bills. The Trump Media & Technology Group reached $79.38 per share at its peak on Tuesday, before closing 16 percent higher at $57.99, giving the company a market capitalisation of nearly $8bn. Trump Media’s rip-roaring market debut, despite operating losses of $10.6m for…

Leftist opposition leader’s assassination caused turmoil in wake of 2011 uprising that brought down President Ben Ali.A court in Tunisia has sentenced four people to death and two to life imprisonment for their role in the assassination of opposition leader Chokri Belaid 11 years ago. The sentences were confirmed on Wednesday by the deputy public prosecutor of the anti-terror judicial division. A total of 23 people had been charged in connection with the murder, with sentences ranging from two to 120 years handed down to other defendants, with five acquitted. Dozens of Belaid supporters had gathered near the court in…

NewsFeedHamas leader Ismail Haniyeh, on a visit to Iran, says Israel is experiencing “unprecedented political isolation”, a day after the UN Security Council called for a ceasefire in the Gaza war.Published On 26 Mar 202426 Mar 2024 Source link

S Iswaran accused of receiving gifts worth $14,000 from individual who had business dealings with Transport Ministry.Singapore’s former Transport Minister S Iswaran has been slapped with eight new charges in a rare corruption case involving the city-state’s ruling People’s Action Party (PAP). The charges relate to allegations that Iswaran obtained valuable goods worth about 18,956 Singapore dollars ($14,077) from an individual who had business dealings with the Transport Ministry, the Corrupt Practices Investigation Bureau (CPIB) said in a statement on Monday. “Singapore adopts a strict zero-tolerance approach towards corruption,” the CPIB said. “Any person who is convicted under section 165…

NewsFeedThe UN Security Council has passed its first resolution demanding an immediate ceasefire in Gaza after nearly six months of war. Here are some of the key takeaways.Published On 26 Mar 202426 Mar 2024 Source link

The announcement is part of a series of top-level staff changes at embattled US plane maker.Boeing says Chief Executive Officer Dave Calhoun will step down at the end of the year as part of a management shake-up at the embattled United States aircraft manufacturer. The company also said on Monday that Chairman Larry Kellner would leave the board and be replaced by Steve Mollenkopf. Stan Deal, Boeing Commercial Airplanes president and CEO, will retire, and Stephanie Pope will lead that business. Calhoun has been under pressure since a near-catastrophic incident in January when a panel on a 737 MAX 9…

After more than five months of fighting and five vetoed draft resolutions, United Nations Security Council (UNSC) members on Monday successfully passed a resolution calling for an immediate ceasefire between Israel and Hamas in Gaza. The United States abstained from voting while the remaining 14 UNSC members voted in favour of the resolution, which was proposed by the 10 elected members of the council. The resolution calls for an “immediate ceasefire for the month of Ramadan respected by all parties leading to a lasting, sustainable ceasefire”. It additionally calls for the release of the Israeli captives taken by Hamas on…

The sanctions identify a company and individuals accused of collaborating with the Chinese government to launch cyberattacks.The United States and the United Kingdom have announced sanctions against a Chinese company and two individuals after an alleged cyber-espionage operation targeted millions of people, including legislators, voters and prominent Beijing critics. In announcing the sanctions on Monday, the US and UK traced the “malicious cyber activity” back to intelligence operations within the Chinese government. A statement from the US Treasury Department identified the sanctioned organisation as Wuhan Xiaoruizhi Science and Technology Company Ltd. The announcement described it as a front company for…

NewsFeedPro-Palestinian protesters obstructed a military parade for Greece’s Independence Day, standing in the way of a tank and waving the Palestinian flag. Greece has been one of Israel’s leading European supporters during the war on Gaza.Published On 26 Mar 202426 Mar 2024 Source link

Seattle, United States – For those watching developments at Boeing, the question was not whether there was going to be a shake-up at the top, but when. When Boeing announced on Monday that its CEO Dave Calhoun would be stepping down at the end of the year, some wondered why it had taken so long. Calhoun, 66, was appointed in 2020 to revive the company’s fortunes amid one of the worst public trust crises in its 100-year-old history, following two fatal crashes of Boeing 737 MAX jets in 2018 and 2019. The crashes killed 346 people and resulted in the…