A helicopter carrying Iranian President Ebrahim Raisi and other officials suffered a “crash landing” on Sunday, as reported by state media. The exact condition of President Raisi and other passengers was unclear, with rescue efforts hindered by harsh weather conditions, including heavy fog in the area. At least 40 rescue teams, equipped with drones and
World
Benny Gantz, a centrist member of Israel’s three-member War Cabinet, has recently threatened to resign from the Israeli government if a new plan for the war in Gaza is not adopted within three weeks. Gantz’s ultimatum has put Prime Minister Benjamin Netanyahu in a difficult position, potentially further aligning him with his far-right allies. Gantz
Chet Kapoor, the chairman and CEO of DataStax, had always dreamt of working for tech mogul Steve Jobs. This dream became a reality when Kapoor was hired as an intern at software company NeXT, founded by Jobs. Kapoor spoke about his experience as an intern, mentioning how he worked closely with Jobs, despite initially feeling
The European Commission, the executive body of the European Union, has announced that it is launching a major investigation into Facebook parent company Meta for potential breaches of the bloc’s strict online content law related to child safety risks. The Commission is particularly concerned about the possibility that Meta’s Facebook and Instagram platforms could be
Slovakia’s populist Prime Minister Robert Fico was the victim of a shocking assassination attempt, causing waves of shock and concern across the continent. The 59-year-old leader was shot multiple times and is currently in a life-threatening state, undergoing treatment at a hospital in Banska Bystrica. The attack took place after a government meeting in the
Alibaba, the Chinese e-commerce giant, experienced a significant drop in its net profit in the fiscal fourth quarter. The company reported revenue of 221.9 billion yuan ($30.7 billion), slightly beating LSEG consensus estimates. However, net income attributable to ordinary shareholders plummeted by 86% year on year to 3.3 billion yuan. As a result of these
The Asia-Pacific markets saw a mixed performance on Monday as investors digested China’s April inflation data. While China’s consumer price index exceeded expectations by climbing 0.3% year on year, the producer price index fell by 2.5%, more than the anticipated 2.3% decrease. This discrepancy in data reflects a complex economic situation in the region. Impact
Home Depot is set to report its earnings before the bell this week. Last quarter, the company reported better-than-expected earnings despite consumer trends. However, this quarter, forecasts predict a decline of more than 5% compared to the previous year. The company has faced challenges throughout the year, which have affected its stock performance. Analysts are
China’s consumer prices rose for a third straight month in April, indicating a positive shift in domestic demand. This rise in consumer prices comes after a series of policy support measures implemented by Beijing to stabilize the economy. The increase in consumer prices, which edged up 0.3% in April from a year earlier, suggests a
In a surprising turn of events, the dynamics of trade between Germany and the United States have been showing signs of change. While China has long been Germany’s main trading partner, recent data indicates that the U.S. is steadily climbing to the top spot. The total combined exports and imports between Germany and the U.S.
