Sony CEO Kazuo Hirai to hand over helm to finance chief Kenichiro Yoshida on April 1

​Japan’s Sony Corp said CEO Kazuo Hirai would be handing over the reins to finance chief Kenichiro Yoshida, while it also hiked its annual profit forecast further to a record that highlights the revival in fortune they have both engineered. The change in helm, while a major surprise, is expected to go down well with… Read More Sony CEO Kazuo Hirai to hand over helm to finance chief Kenichiro Yoshida on April 1

UN court draws new borders between Costa Rica and Nicaragua in bid to end decade-long dispute

The UN’s highest court drew new maritime boundaries between Costa Rica and Nicaragua on Friday seeking to end a decades-long frontier dispute, and ordered Managua to pay compensation for environmental damage. In a multi-pronged judgement, the International Court of Justice (ICJ) also ordered Nicaragua to remove a military camp near the river San Juan, which… Read More UN court draws new borders between Costa Rica and Nicaragua in bid to end decade-long dispute

Eighteen injured as van engulfed in flames ploughs into pedestrians in China

A van packed with pressurised gas tanks and bottles full of petrol caught fire and ploughed into pedestrians in front of a Starbucks in Shanghai on Friday, leaving at least 18 people injured, authorities and witnesses said. The incident occurred at People’s Park in the heart of the Chinese financial hub during morning rush hour,… Read More Eighteen injured as van engulfed in flames ploughs into pedestrians in China

Hundreds of miners trapped in South African gold mine rescued

All 955 gold miners trapped underground for more than a day in South Africa after a power cut were rescued unharmed on Friday, to the relief of waiting relatives. “Everybody’s out,” the mine spokesman James Wellsted said, adding that there were no deaths or serious injuries reported. “​There were cases of dehydration and high blood… Read More Hundreds of miners trapped in South African gold mine rescued

U.S. President, Australian Prime Minister to meet on February 23

​U.S. President Donald Trump will meet with Australian Prime Minister Malcolm Turnbull at the White House on February 23, the White House said in a statement on Thursday. “The president and prime minister will discuss a range of shared bilateral, regional, and global priorities, including fighting terrorism, promoting economic growth, and expanding security and defense… Read More U.S. President, Australian Prime Minister to meet on February 23

Alphabet Inc. announces board veteran John Hennessy as Executive Chairman

Google parent Alphabet Inc. replaced long-time Executive Chairman Eric Schmidt with board veteran John Hennessy, a former Stanford University president and one of search engine company’s first users, it said in a regulatory filing on Thursday. 65-year-old Hennessy, a computer scientist with expertise in chip design and deep connections in Silicon Valley, joined Google’s board… Read More Alphabet Inc. announces board veteran John Hennessy as Executive Chairman

Motorola set to acquire Canadian security camera maker Avigilon in C$1.2billion deal

Walkie-talkie maker Motorola Solutions Inc. said on Thursday it would buy Canadian security camera maker Avigilon Corp for C$1.2 billion (an equivalent of $978 million) cash. Motorola’s offer of C$27 per Avigilon share represents a premium of 18.3 percent to Avigilon’s Thursday closing price on the Toronto Stock Exchange. The acquisition would help expand Motorola’s… Read More Motorola set to acquire Canadian security camera maker Avigilon in C$1.2billion deal

Former Cuban leader Fidel Castro’s eldest son ‘Fidelito’ commits suicide

The eldest son of late Cuban revolutionary leader Fidel Castro, Fidel Castro Diaz-Balart, committed suicide on Thursday aged 68 after being treated for months for depression, Cuban state-run media reported. The nuclear scientist, also known as ‘Fidelito’, or Little Fidel, because of how much he looked like his father, had initially been hospitalized and then… Read More Former Cuban leader Fidel Castro’s eldest son ‘Fidelito’ commits suicide