Israel, Greece sign record defence agreement

Israel and Greece have signed their biggest ever defence procurement deal, which Israel said on Sunday would strengthen political and economic ties between the countries. The agreement includes a $1.65 billion contract for the establishment and operation of a training centre for the Hellenic Air Force by Israeli defence contractor Elbit Systems over a 22-year… Read More Israel, Greece sign record defence agreement

At least five dead, dozens injured as police open fire on protesting workers in Bangladesh

At least five people were killed and dozens injured in Bangladesh on Saturday after police opened fire on a crowd of workers protesting to demand unpaid wages and a pay rise at a Chinese-backed power plant, officials and police said. Police opened fire after about 2,000 of the protesters began hurling bricks and stones at… Read More At least five dead, dozens injured as police open fire on protesting workers in Bangladesh

Russia expels ten U.S. diplomats in retaliatory act over recent sanctions

Russia on Friday asked 10 U.S. diplomats to leave the country in retaliation for Washington’s expulsion of the same number of Russian diplomats over alleged malign activity and suggested the U.S. ambassador return home for consultations. The measures, part of a broader retaliatory package, were approved by President Vladimir Putin, as a response to an… Read More Russia expels ten U.S. diplomats in retaliatory act over recent sanctions

U.S. imposes sanctions on Russia over election meddling

The United States on Thursday imposed a broad array of sanctions on Russia, including curbs to its sovereign debt market, to punish it for interfering in last year’s U.S. election, cyber hacking, bullying Ukraine and other alleged malign actions. The U.S. government blacklisted Russian companies, expelled Russian diplomats and barred U.S. banks from buying sovereign… Read More U.S. imposes sanctions on Russia over election meddling

McDonald’s to introduce new training, polices to combat harassment and discrimination

McDonald’s Corp said on Wednesday it will require new training and policies to combat harassment, discrimination and violence at its 39,000 restaurants worldwide, calling for safer work places after it faced lawsuits by some female employees. The burger chain said restaurants, a majority of which are run by franchisees, will be required to meet the… Read More McDonald’s to introduce new training, polices to combat harassment and discrimination

Tesla reaches settlement with former engineer over Autopilot technology source code

Tesla Inc has settled a lawsuit against a former employee who copied the source code of the electric vehicle (EV) maker’s Autopilot technology, according to a U.S. district court filing dated April 15. Tesla filed the lawsuit in 2019, saying its employee Cao Guangzhi, who worked at Tesla for two years, copied the source code… Read More Tesla reaches settlement with former engineer over Autopilot technology source code

Media company ABC names Kimberly Godwin as new president

CBS News executive Kimberly Godwin has been named president of Walt Disney Co’s ABC News, the media company said on Wednesday, becoming the first Black woman to lead the news division of a major broadcast television network. Godwin will join ABC News in early May, replacing James Goldston. In July, ABC News fired senior executive… Read More Media company ABC names Kimberly Godwin as new president

Cryptocurrency exchange Coinbase valued at $86billion in Nasdaq debut

Coinbase Global Inc was valued at $86 billion at the end of its Nasdaq debut on Wednesday, in a choppy day of trading when its valuation went as high as $112 billion. Coinbase’s stock market debut, done through a direct listing where no shares are sold ahead of the opening, marks another milestone in the… Read More Cryptocurrency exchange Coinbase valued at $86billion in Nasdaq debut