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Author's articles
Search resumes in Sicily yacht sinking with finance boss among missing
Specialist divers on Tuesday launched a fresh search for six people, including UK tech tycoon Mike Lynch and the chairman of Morgan Stanley International, missing since their yacht capsized off the Italian island of Sicily. The chair of Morgan Stanley International, Jonathan Bloomer, who testified for Lynch, was also missing alongside his wife, Judy, the UK insurer Hiscox said on Tuesday.
Chinese property firm Kaisa strikes debt restructuring deal
Chinese property developer Kaisa has reached an agreement with creditors for partial repayment of its debt, the company said Tuesday, a positive development as it battles to avoid liquidation.
One year in, EU turning up heat in big tech fight
If 2024 already looks like an annus horribilis for big tech in the EU, the months ahead could prove a winter of discontent as the bloc wields a fortified new legal armoury to bring online titans to heel.
Asian markets fluctuate ahead of key earnings and Powell
Asian investors trod carefully Tuesday after the latest bounce in optimism fuelled by hopes Federal Reserve boss Jerome Powell will signal an interest rate cut in a highly anticipated speech to top central bankers this week. Asian investors are a little more cautious.
Trump shares doctored images showing Taylor Swift support
Donald Trump shared doctored images showing Taylor Swift and her fans supporting his presidential campaign, in an apparent effort to tap into the pop singer's mega star power in the US election.
US orders Boeing 787 inspections after LATAM plane plunge
US regulators said Monday they ordered inspections of pilot seats on hundreds of Boeing 787 planes following a March flight in which the plane's sudden plunge led to passenger injuries. The move is in response to a March flight on a New Zealand-bound plane operated by LATAM Airlines that suddenly lurched downward while flying from Sydney to Auckland, injuring some 50 passengers.
Kenya govt plans to reinstate some taxes to raise $1.2 bn
The Kenyan government plans to raise about $1.2 billion by reinstating some unpopular taxes contained in a finance bill that was scrapped in the face of deadly street protests, a government minister said. Finance Minister John Mbadi told private station Citizen TV on Sunday that the government was considering about 49 tax measures to try to raise roughly 150 billion shillings ($1.2 billion).
Government cronies co-opt beloved Hungary lakeside, locals warn
Ringed by once-free beaches and green parks, Hungary's Lake Balaton has delighted generations of holidaymakers -- but now, locals warn, private developers are fencing off the sandy bays for rich visitors, with the nationalist government's blessing. "If this can be done here in Balatonfoldvar... then not a single beach in Balaton is safe," warned the head of the activist group, Karoly Herenyi.
Asian markets get week off to largely positive start
Asian markets mostly rose Monday following last week's strong performance, with traders focused on a closely followed meeting of central bank chiefs where the Federal Reserve's Jerome Powell is due to deliver a key speech. Most Asian markets picked up the baton Monday.
AFP
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