Ex-Hedge Fund Boss Fights SEC at Supreme Court With Musk’s Help
Hedge-fund manager George Jarkesy said he didn’t recall more than 800 times during questioning at the SEC about
2023-11-28 18:50
At least nine dead as Ukraine and Russia hit by powerful snow storms
At least nine people have died due to extreme weather conditions as a winter storm lashed parts of Russia and Ukraine, knocking out power from hundreds and thousands of households. The severe cold struck war-torn Ukraine at a time when thousands of both Russian and Ukrainian troops were engaged in intense fighting in the eastern towns near the Black Sea almost 22 months into Vladimir Putin's invasion. Kyiv fears Moscow could attack its power grids with air strikes this winter. The "storm of the century" killed at least four people in Russia and occupied Crimea after it struck the southern part of the country over the weekend. Dagestan, Krasnodar and Rostov, as well as the occupied Ukrainian territories of Donetsk, Lugansk, Kherson, Zaporizhzhia and Crimea have been struggling with the violent weather conditions, the authorities said. At least 1.9 million people were affected by power cuts in Russia, according to energy minister Nikolay Shulginov. In Ukraine, at least five people were killed and almost 1,500 towns and villages were left without power after storms dumped up to 10 inches of snow in some places. "Unfortunately, as of now, there are some deaths. The highest number is in the Odesa region - five people," Ukrainian president Volodymyr Zelensky said in his nightly video address. Schools were ordered to shut, while traffic was halted on 10 highways. Southern Odesa, the Mykolaiv regions, and central Kyiv were the worst affected places, with initial power cuts reported in 40,000 homes in the capital region. Ukraine is likely to be hit with more snow and rain on Tuesday, according to forecasters. Nearly 2,500 people were rescued following a snowstorm in Odesa, local governor Oleh Kiper said. About 849 vehicles have been towed out, including 24 buses and 17 ambulances, he announced on Telegram, adding that all those trapped by the snow since the start of the snowstorm had now been rescued. On Monday evening, the boiler facility in Odesa, where a 100-metre pipe broke and fell on Sunday, resumed operations. Huge waves crashed over beachside areas of the Black Sea coast, killing one person. One man, who "went out to look at the waves" died in the Russian-annexed Crimean peninsula, said Oleg Kryuchkov, an adviser to the region's Russian-installed governor. Vladimir Konstantinov, a Crimean lawmaker, said the peninsula had experienced an "armageddon"-like scenario. "Old-timers can't remember this kind of wind and waves," he added. In the resort cities of Sochi and Anapa, one person died and several people were injured when hundreds of trees were blown down. In neighbouring Moldova, four people were reported dead during the cold snap that hit the region over the weekend. Two dead bodies were recovered from inside a car buried in a snowdrift in the southeastern area of Coscalia and another outside the capital. Ukraine's border service said that two border crossings in the Odesa region to Moldova reopened after a temporary suspension on Sunday, but traffic conditions remained difficult. Read More Russian court extends detention of Wall Street Journal reporter Gershkovich until end of January Germany is having a budget crisis. With the economy struggling, it's not the best time Russia-Ukraine war live: Putin resorts to ‘energy terrorism’ as snow hits Odesa Chechen warlord Kadyrov offers Putin 3,000 more fighters amid heavy Russian losses Russian forces encircle Avdiivka and ‘ready to storm city’ ICC prosecutors halt 13-year Kenya investigation that failed to produce any convictions
2023-11-28 18:18
Taiwan Cuts 2023 Growth Outlook to Lowest Since Financial Crisis
Taiwan cut its growth forecast for this year to the slowest pace since the global financial crisis in
2023-11-28 17:53
Chinese AI firm SenseTime denies research firm Grizzly's claim it inflated its revenue
SenseTime, a major Chinese artificial intelligence company known for its facial recognition technology, has rejected claims by a research company that it has inflated its revenue
2023-11-28 17:53
Scholz Says Unforgivable If Budget Shock Halts Germany’s Transformation
German Chancellor Olaf Scholz promised that his government will forge ahead with investments needed to modernize the economy
2023-11-28 17:51
Russian court extends detention of US reporter Gershkovich
By Guy Faulconbridge and Filipp Lebedev MOSCOW (Reuters) -A Russian court said on Tuesday it had extended the detention of
2023-11-28 17:50
UK Inflation More Home-Grown, Says BOE Deputy Governor
UK inflation is becoming more “home-grown” and will be “challenging to squeeze out of the system,” according to
2023-11-28 17:48
Iceland volcano – live: Almost 100 earthquakes strike in seismic swarm during eruption fears
Almost 100 earthquakes shook Iceland from midnight today, as the country remains apprehensive about an imminent eruption. The strongest earthquake with a magnitude of 3.35 hit Vatnafjoll in South Iceland this morning at 5.56am, report the Icelandic Met Office. Yesterday night a seismic swarm started around the dike intrusion just north of the evacuated town of Grindavik. The Icelandic Met Office continues to warn of the “persistent likelihood of an imminent eruption”. In its latest update, the forecaster said there were around 100 earthquakes on Monday, with a “swarm” near the town which lasted just over an hour before midnight. A fortnight ago, Grindavik was evacuated after magma-induced seismic activity tore vast chasms through the streets of the town. While hundreds of earthquakes are still hitting the surrounding area daily, “seismic activity continues to decrease”, said the Icelandic Met Office, adding: “The likelihood of an imminent volcanic eruption diminishes with time.” However, one civil protection official told theThe Independent “It is still dangerous here ... I have never seen anything like it before. Usually we will have a few minutes warning to get out, but with the weather like it is today, we have even less.” Read More What to do with Grindavík: Has Iceland’s #1 selfie spot just emerged out of the ground? Is it safe to travel to Iceland? Your rights if you have a holiday booked Every resident of an Icelandic town was evacuated due to a volcano. Daring rescuers went back to save the pets
2023-11-28 17:29
127 Malaysians, suspected to be victims of job scams, rescued from Myanmar fighting
Malaysia's government says more than 120 suspected victims of job scams have been rescued after being stranded by fighting in northern Myanmar between the military and armed ethnic groups
2023-11-28 16:56
Bayer Sees No Quick Fixes After Bankers Game Out Breakup
Bayer AG hired several teams of bankers for a strategy simulation game that studied various breakup scenarios, according
2023-11-28 16:53
Norway’s $1.5 Trillion Wealth Fund Recommends Adding Private Equity
Norway’s $1.5 trillion wealth fund recommended that private equity be added to its investment portfolio, reflecting a broader
2023-11-28 16:29
Russian court extends detention of Wall Street Journal reporter Gershkovich until end of January
Russian media say a court in Moscow has extended the detention of Wall Street Journal reporter Evan Gershkovich, arrested on espionage charges, until Jan. 30
2023-11-28 16:27