Shares rose more than 2% before the market open. Photo: Bloomberg Boeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America’s most storied manufacturers. Board Chair Larry Kellner has also told the company he doesn’t plan… Continue reading Boeing CEO Dave Calhoun to step down this year, board chairman to exit | World News
Tag: World
Space World plans to connect data centres in 7 major cities in a year | Company News
The Space World group plans to connect all data centres in seven major cities with an optical fibre network in less than a year, founder and chairman Ankit Goel (right) told Business Standard. Space World subsidiary Constl, a fibre-based digital infrastructure provider, is rolling out the largest network of neutral, point-to-point optical… Continue reading Space World plans to connect data centres in 7 major cities in a year | Company News
US Judge dismisses lawsuit by Musk’s X against hate speech researchers | World News
X had sought millions of dollars in damages, arguing that the nonprofit’s reports led to the exodus of advertisers and the loss of ad revenue. Photo: Bloomberg A federal judge has dismissed a lawsuit by Elon Musk’s X Corp. against the non-profit Center for Countering Digital Hate, which has documented the increase in hate… Continue reading US Judge dismisses lawsuit by Musk’s X against hate speech researchers | World News
Ericsson to slash 1,200 Swedish jobs in bid to cut costs amid lower sales | World News
By Rafaela Lindeberg and Kati Pohjanpalo Ericsson AB, one of the world’s biggest providers of 5G networking equipment, said it will cut 1,200 jobs in Sweden, reducing costs as it faces lower sales from mobile providers. The company also plans to cut costs separately by eliminating facilities and the use of… Continue reading Ericsson to slash 1,200 Swedish jobs in bid to cut costs amid lower sales | World News
UK court to rule on Mar 26 whether Assange can challenge extradition to US | World News
The Australian computer expert has been held in a British high-security prison for the past five years. | Photo: AP A London court is due to rule whether WikiLeaks founder Julian Assange gets one final appeal in England to challenge extradition to the United States on espionage charges. Two judges are scheduled to… Continue reading UK court to rule on Mar 26 whether Assange can challenge extradition to US | World News
Explosion near police station in Kenya kills 4 people, including 3 officers | World News
An explosion at a small hotel located near a police station in northeastern Kenya killed four people, including three officers, and wounded several others on Monday, authorities said. The blast in the town of Mandera, which is on the border with Somalia, was caused by an improvised explosive device that had been planted… Continue reading Explosion near police station in Kenya kills 4 people, including 3 officers | World News
Donald Trump’s social media company to be traded on Nasdaq from March 26 | World News
Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump’s media business in a Friday vote. The common stock… Continue reading Donald Trump’s social media company to be traded on Nasdaq from March 26 | World News
Trump wins pause of $454 mn civil fraud ruling, avoiding asset seizures | World News
Donald Trump won a bid on Monday to pause his $454 million civil fraud judgment if he posts a $175 million bond within 10 days, in a victory for the former U.S. president that blocks New York state authorities from taking steps to seize his assets. The decision by a mid-level state appellate… Continue reading Trump wins pause of $454 mn civil fraud ruling, avoiding asset seizures | World News
UK set to pin China-affiliated hackers for cyberattack on election watchdog | World News
Britain’s government is expected to blame a string of cyberattacks targeting the U.K.’s election watchdog and lawmakers on hackers linked to the Chinese government, Officials are expected to announce Monday measures against cyber organizations and individuals affiliated with the Chinese government for an attack that may have gained access to information on tens of millions… Continue reading UK set to pin China-affiliated hackers for cyberattack on election watchdog | World News
Doctors in South Korea submit resignations, widening medical school dispute | World News
Later Monday, an unspecified number of senior doctors went ahead and handed in their resignations, according to doctors involved in the protests Senior doctors at major hospitals in South Korea began submitting their resignations en masse Monday in support of medical interns and residents who have been on a strike for five weeks over… Continue reading Doctors in South Korea submit resignations, widening medical school dispute | World News