Author: ALJAZEERA

Musk hails ‘awesome shareholder base’ after vote to restore compensation deal rejected by US judge.Elon Musk has won back his $44.9bn pay package at electric carmaker Tesla after shareholders voted to restore the compensation deal in a ringing endorsement of his leadership. The vote at Tesla’s annual meeting on Thursday came after a judge in the US state of Delaware threw out the deal after finding that the company’s board was too close to Musk and had not protected shareholders’ interests. “I just want to start off by saying, hot damn, I love you guys!” a jubilant Musk said as…

NewsFeedA video has emerged showing Israeli forces using a medieval-style catapult called a trebuchet near Lebanon’s southern border, where fighting with the armed group Hezbollah continues. Another video showed an Israeli archer launching burning arrows.Published On 14 Jun 202414 Jun 2024 Source link

US ambassador says returned assets can be used for original purpose of bettering the lives of everyday Malaysians.Malaysia has been handed back $156m in assets linked to the 1MDB scandal after an investigation by the United States, the US embassy in Kuala Lumpur has said. US ambassador to Malaysia Edgard D Kagan said the funds were the fourth tranche of assets to be returned to the country following a probe by the US Department of Justice. “This extraordinary sum of money is going back to the people of Malaysia where it belongs and where it can finally be used for…

NewsFeedSaudi Arabia has deployed robots in the holy cities of Medina and Mecca to help pilgrims undertaking the Hajj.Published On 14 Jun 202414 Jun 2024 Source link

Taipei, Taiwan – Earlier this year, electric car enthusiast Anders Berner eagerly opened the door of a BYD Seal to take the sedan on a test drive outside the Danish capital, Copenhagen. Berner was already impressed by how far Chinese EV makers like BYD Auto had come in a short time. “Many Chinese EVs are made with excellent materials and have been put together well – they are high-quality cars,” Berner, a mechanical engineer by trade, told Al Jazeera. “And in terms of battery technology for EVs, Chinese companies are leading the field.” Berner is among those who believe that…

More than 1.5 million Muslim pilgrims have gathered in Saudi Arabia’s Mecca for the start of Hajj, taking place this year against the harrowing backdrop of Israel’s continued onslaught on the Gaza Strip. The annual pilgrimage began on Friday with crowds of robed worshippers circling the Kaaba, the black cubic structure at Mecca’s Grand Mosque, many expressing sadness eight months into the Israel-Hamas war. “Our brothers are dying, and we can see it with our own eyes,” said 75-year-old Zahra Benizahra from Morocco. After more than eight months of war, Palestinians in Gaza were not able to travel to Mecca…

Eight former engineers accuse CEO Elon Musk of overseeing a ‘pervasively sexist culture’ at the rocket company.Eight former SpaceX engineers have filed a lawsuit accusing the rocket company and its CEO Elon Musk of firing them for raising concerns about the treatment of female employees. In a lawsuit filed in California on Wednesday, the former employees alleged that Musk personally ordered their termination after they circulated a letter within SpaceX raising concerns about the billionaire’s sexually charged comments on social media. The lawsuit accuses Musk of overseeing a “pervasively sexist culture” and “‘Animal House’ environment”, with women evaluated on their…

Beirut, Lebanon – Hezbollah fired more than 200 missiles and rockets across its southern border on Wednesday in one of its heaviest attacks on northern Israel since the 2006 war. The day before, Israel had assassinated Taleb Abdullah, the most senior Hezbollah commander killed since October 8. What happened on Tuesday and Wednesday is the latest intensification of hostilities between Israel and Lebanon, as negotiations for a ceasefire between Israel and Hamas seem to be coming to a head. Israel has killed more than 37,000 Palestinians in Gaza since October 7, the day Hamas led an attack on Israel, killing…

Washington’s latest sanctions announcement comes as US President Joe Biden attends the G7 summit in Italy.The United States has rolled out new sanctions against more than 300 individuals and firms accused of aiding Russia’s war effort in Ukraine, including entities in China, South Africa, the United Arab Emirates and Turkey. US Treasury Secretary Janet Yellen said on Wednesday the measures target Moscow’s remaining avenues for obtaining materials and equipment needed to sustain the war. “We are increasing the risk for financial institutions dealing with Russia’s war economy and eliminating paths for evasion, and diminishing Russia’s ability to benefit from access…

From a father-of-two who planned to leave his job to a 29-year-old due to visit his family in August, two dozen Indians from the southern state of Kerala died in a fire that ripped through a labour-housing facility in Kuwait, leaving their families bereft. India’s Ministry of External Affairs on Thursday said 40 Indians died in the blaze at a building housing workers in Kuwait’s Mangaf city, which also killed at least nine others, including three Philippine nationals. Kuwait’s Foreign Minister Abdullah al-Yahya told reporters on Thursday that one person succumbed to injuries, taking the number of deaths to at least…