Massive blaze in eight high-rise apartment blocks killed 168 people in one of the world’s deadliest residential building fires Hong Kong has filed manslaughter charges against several people and companies over the world’s deadliest residential building fire in decades, which killed 168 people at a public housing estate last year. The massive blaze , which engulfed seven of the eight high-rise apar...
Massive blaze in eight high-rise apartment blocks killed 168 people in one of the world’s deadliest residential building fires Hong Kong has filed manslaughter charges against several people and companies over the world’s deadliest residential building fire in decades, which killed 168 people at a public housing estate last year. The massive blaze , which engulfed seven of the eight high-rise apartment blocks at the Wang Fuk Court estate in November, prompted a months-long investigation into the cause. Continue reading...
Microsoft (NasdaqGS:MSFT) is cutting several hundred roles in its Azure cloud unit in China. The move is described as a response to rising regulatory pressure on data and cloud services in the country. The changes affect part of a core business area for Microsoft, as Azure underpins its cloud and AI offerings. For investors following NasdaqGS:MSFT, this development sits at the intersection of clou...
Microsoft (NasdaqGS:MSFT) is cutting several hundred roles in its Azure cloud unit in China. The move is described as a response to rising regulatory pressure on data and cloud services in the country. The changes affect part of a core business area for Microsoft, as Azure underpins its cloud and AI offerings. For investors following NasdaqGS:MSFT, this development sits at the intersection of cloud computing, AI infrastructure and geopolitics. Azure is central to the company’s broader cloud...
NVIDIA (NVDA) just signed multi-year agreements in South Korea to secure next generation memory from SK hynix and to support gigawatt scale AI factories with SK Telecom and NAVER, reinforcing its data center centric AI roadmap. See our latest analysis for NVIDIA. Despite heavy news flow and new agreements, NVIDIA’s recent share price momentum has cooled, with the stock down 6.7% over the past week...
NVIDIA (NVDA) just signed multi-year agreements in South Korea to secure next generation memory from SK hynix and to support gigawatt scale AI factories with SK Telecom and NAVER, reinforcing its data center centric AI roadmap. See our latest analysis for NVIDIA. Despite heavy news flow and new agreements, NVIDIA’s recent share price momentum has cooled, with the stock down 6.7% over the past week and 8.7% over the past month, although the 1-year total shareholder return of 40.5% and very...
In recent days, McDonald’s has rolled out its “McDonald’s NEXT” plan, new AI-powered drive‑thru pilots with Google, and FIFA World Cup 26 promotions, while also facing scrutiny after a severe workplace violence incident at a California restaurant left a shift manager badly burned. Together, these developments highlight how McDonald’s push into automation and experiential marketing sits alongside r...
In recent days, McDonald’s has rolled out its “McDonald’s NEXT” plan, new AI-powered drive‑thru pilots with Google, and FIFA World Cup 26 promotions, while also facing scrutiny after a severe workplace violence incident at a California restaurant left a shift manager badly burned. Together, these developments highlight how McDonald’s push into automation and experiential marketing sits alongside renewed questions about workplace safety and operational controls. We’ll now examine how...
Activist investor Elliott Investment Management LP has hit back at Australia’s biggest gold stock Northern Star Resources Ltd. by urging the beleaguered miner’s board to take urgent action and reconsider a sale as its valuation flounders. Northern Star’s chairman Michael Chaney wrote to shareholders on Wednesday saying it was the wrong time to consider a sale of the business or spinning off smalle...
Activist investor Elliott Investment Management LP has hit back at Australia’s biggest gold stock Northern Star Resources Ltd. by urging the beleaguered miner’s board to take urgent action and reconsider a sale as its valuation flounders. Northern Star’s chairman Michael Chaney wrote to shareholders on Wednesday saying it was the wrong time to consider a sale of the business or spinning off smaller assets. The letter was in response to Elliott taking a significant stake in the company a week earlier and urging it to consider a restructure or sale. Elliott responded on Thursday by saying Northern Star’s board “does not understand the magnitude of change required,” to win back investor trust or rescue the company’s valuation. The formidable activist fund called on the board to reconsider a sale process and doubled down on a call for a strategic review. It said the board had presided over years of “operational missteps, poor performance and an overdue CEO departure with no clear succession plan in place.” “A strategic review is now more apparent than it was before the Board published its letter,” it said in the statement. Elliott launched its push for board changes and a review of Northern Star shortly after Chief Executive Officer Stuart Tonkin said in late May he would step down in the coming months following nearly a decade at the helm. Read More: Elliott Buys Stake in Top Australia Gold Miner Northern Star Northern Star confirmed in Wednesday’s letter it had previously received interest for takeovers and mergers , but discussions did not proceed as the offers were deemed to be not in its shareholders’ best interests. The miner has cut guidance repeatedly over the past year as problems at its Kalgoorlie processing plant hampered output and contributed to underperformance relative to peers.
Midfielder delivered complete performance against Costa Rica that should make up Thomas Tuchel’s mind for him It only took eight seconds for Jude Bellingham to steal the lightning’s thunder. Given the nod over Morgan Rogers, Bellingham set the tone for England when their friendly against Costa Rica finally got under way. The No 10 pressed from the front, racing to charge down a clearance from Darr...
Midfielder delivered complete performance against Costa Rica that should make up Thomas Tuchel’s mind for him It only took eight seconds for Jude Bellingham to steal the lightning’s thunder. Given the nod over Morgan Rogers, Bellingham set the tone for England when their friendly against Costa Rica finally got under way. The No 10 pressed from the front, racing to charge down a clearance from Darril Araya, and was key to the way that Thomas Tuchel’s side made light of the unpredictable Florida weather by imposing themselves on inferior opposition from the first whistle. The skies had cleared by the time the game kicked off an hour later than advertised. The torrential downpour earlier in the day arrived after a three-week drought in Orlando, giving England a taste of what they can expect at the World Cup. Will they cope with the ups and downs of an American summer? Here at the agreeably compact Inter&Co Stadium, Tuchel had an encouraging response. The lineup looked close to the one that will face Croatia in Group L on 17 June and, after last Saturday’s glorified training exercise against New Zealand , there was a sense of England’s level rising as they eased to a 3-0 win against Costa Rica . Continue reading...