In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases. With the announcement, the maker of iPhones tops its own record for largest buyback value announced in the US. In 2018, the…
Beirut: EU chief Ursula von der Leyen on Thursday announced $1 billion in aid for Lebanon during a visit to the country mired in an economic meltdown exacerbated by a migrant crisis and the threat of war with Israel. “I can announce a financial package of $1 billion for Lebanon that would be available from this…
Scores of New York police officers entered Columbia University’s campus on Wednesday, a day after pro-Palestine student protesters barricaded and occupied a building inside the campus. Here Are 10 Points On US University Protests Police officers, in tactical gear and helmets, marched into the campus and climbed up to the second floor of Hamilton Hall…
In Ukraine, a picturesque estate nicknamed the ‘Harry Potter Castle’ has been destroyed by a Russian missile attack that also claimed the lives of four people, CNN reported. The missile attack on the Southern Ukrainian city also injured 30 others, including two children and a pregnant woman. Nearly 20 residential buildings and infrastructure facilities were also damaged…
Washington: The founder of cryptocurrency firm Binance was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed. Changpeng Zhao, a Canadian, resigned from his post at the world’s largest cryptocurrency exchange platform late last year as part of…
Dubai: Dubai announced on Sunday that work had begun on a new terminal at Al Maktoum International Airport, which the Gulf emirate’s ruler said will become “the world’s largest” at a cost of almost $35 billion. “We approved the designs for the new passenger terminal at Al Maktoum International Airport, and (are) commencing construction of the…
Islamabad: Pakistan Prime Minister Shehbaz Sharif discussed a new loan programme with IMF Managing Director Kristalina Georgieva on Sunday, his office said in a statement. Shehbaz Sharif and Kristalina Georgieva met on the sidelines of the World Economic Forum in Riyadh. Islamabad is seeking a new, larger long-term Extended Fund Facility (EFF) agreement with the fund…
Milan: Italy’s antitrust authority has fined two subsidiaries of Amazon 10 million euros ($10.70 million) for alleged unfair commercial practices, the regulator said on Wednesday. According to the watchdog, Amazon has “significantly restricted consumers freedom of choice” by automatically pre-setting the ‘Subscribe&Save’ option, for regular scheduled deliveries rather than one-off purchases, for a wide selection of…
Washington: As many as 65,960 Indians officially became US citizens, making India the second-largest source country for new citizens in America after Mexico, according to a latest Congressional report. An estimated 46 million foreign-born persons resided in the United States in 2022, approximately 14 per cent of the total US population of 333 million, according to…
US Comedian Arj Barker has come under fire after he asked a mother and her baby to leave his stand-up set at the Melbourne International Comedy Festival. According to New York Post, the incident happened on April 20 when Trish Faranda was attending the comedy show with her seven-month-old daughter Clara and a friend. After Clara made a…