money News On The Move: California Pizza Kitchen to file for bankruptcy, NASA launches Perseverance rover to Mars
Yahoo Finance's Adam Shapiro and Julie Hyman highlight Thursday's trending headlines.
Yahoo Finance's Adam Shapiro and Julie Hyman highlight Thursday's trending headlines.
Kenya is hosting the Netherlands king and queen as allegations of human rights abuses are mounting, with Kenyans writing hundreds of emails and petitioning the Dutch royals to cancel their visit. Kenya’s government has been accused of arresting and detaining critics, especially after the June 2024 anti-government protests during which demonstrators stormed the parliament and torched a section of it angry over new taxes passed by legislators.
China’s energy and auto giant BYD has announced an ultra fast EV charging system that it says is nearly as quick as a fill up at the pumps. BYD, China's largest EV maker, said Monday that its flash-chargers can provide a full charge for its latest EVs within five to eight minutes, similar to the amount of time needed to fill a fuel tank. It plans to build more than 4,000 of the new charging stations across China.
Asian and European equity markets rallied on Tuesday following another positive day on Wall Street stoked by US data that eased recession fears, while Chinese tech firms helped propel another surge in Hong Kong.Hong Kong, which has piled on more than a fifth since the turn of the year, rose 2.5 percent to lead the gains Tuesday thanks to further buying of Chinese tech firms including Alibaba, Tencent and JD.com.
Australia voiced unease on Tuesday over anonymous letters reportedly offering hefty rewards for information on a Hong Kong activist now living in Melbourne.The letters, first reported in The Guardian newspaper, offered a reward of HK$1 million (US$128,000) to anyone who could provide information about him and the allegations or "take him to Hong Kong or Australia Metropolitan Police".
Hong Kong leader John Lee on Tuesday said criticism of city conglomerate CK Hutchison's sale of its Panama Canal ports deserved "serious attention", after Beijing authorities repeatedly slammed the deal.- 'Bullying tactics' - Before the sale, CK Hutchison's subsidiary in Panama had managed two of the five ports at the canal -- one on Cristobal, on the Atlantic side and the other on Balboa, the Pacific side -- via a government concession since 1997.
A motorbike rider inches slowly over bumpy terrain deep in Cambodia's Virachey national park, carefully adjusting the basket strapped behind him.First, there was 18 hours of travel in cylindrical bamboo baskets transported by car, motorbike and boat.
A major rescue operation continued Tuesday off the southern coast of Cyprus after a migrant boat sank in international waters, with no additional survivors or bodies found since the initial recovery, official said. Authorities Monday said seven bodies had been recovered and two people rescued some 45 kilometers (28 miles) south of Cyprus. The island republic's Joint Rescue Coordination Center confirmed an ongoing operation involving military helicopters, rescue vessels and drones, assisted by a helicopter from a British base on Cyprus.
A man believed to be the last person to see missing University of Pittsburgh student Sudiksha Konanki is asking a court to grant him his freedom, challenging authorities’ treatment of him since the 20-year-old woman’s disappearance nearly two weeks ago.
South Korean police started on Tuesday providing additional security for the leader of the main opposition Democratic Party, after lawmakers had warned of a potential assassination plot targeting Lee Jae-myung, the Yonhap News Agency reported. The move comes after the party had last week urged police to ramp up security for Lee after some of its lawmakers said they were tipped off about an assassination plot against him. Tensions have been running high in South Korea since President Yoon Suk Yeol briefly imposed martial law last December, triggering the country's worst political crisis in decades.
NEW DELHI (Reuters) -Ukrainian Foreign Minister Andrii Sybiha said on Tuesday that Kyiv was not the obstacle for a peace deal with Russia and believes it can achieve just and lasting peace under the leadership of U.S. President Donald Trump. Ukraine was waiting for clarity to emerge on the peace process after the conversation between Trump and his Russian counterpart Vladimir Putin, expected later on Tuesday, Sybiha said during an annual geopolitical conference in New Delhi. Trump has been trying to get Putin to agree to a 30-day ceasefire proposal that Ukraine accepted last week but Ukrainian President Volodymyr Zelenskiy has also consistently said Ukraine's sovereignty is not negotiable and that Russia must surrender the territory it has seized.
Indonesia will question hundreds of its citizens arriving in the capital on Tuesday after they were rescued from online scam compounds in Myanmar, the largest batch of arrivals in the country following a multinational crackdown on the operation. Myanmar's Myawaddy scam centres are part of a Southeast Asia network involving criminal gangs trafficking hundreds of thousands of people to help generate illicit revenues running into billions of dollars a year, according to the United Nations. About 200 Indonesians arrived at Jakarta's airport on Tuesday morning from Myawaddy via Thailand and another 200 will land in the afternoon, the chief security minister, Budi Gunawan, said in a news conference.
Bangladesh has rebuked Washington's intelligence chief Tulsi Gabbard, saying her comments on religious violence in the South Asian country were unfounded and risked fanning sectarian tensions. "Political leaders and public figures should base their statements, especially on sensitive issues, on actual knowledge and take care not to reinforce harmful stereotypes, fan fears, or potentially stoke sectarian tensions," the statement said.
The relative calm of a ceasefire between Israel and Hamas came to an abrupt end on Tuesday, when Israel launched dozens of attacks on targets across the Gaza Strip. Israel says the operation is open-ended and expected to expand, raising fears of the 17-month-old war fully reigniting. Israel balked at entering substantive negotiations over the second phase, which were meant to lead to a long-term ceasefire, a full Israeli withdrawal from Gaza and the return of all hostages taken by Hamas in its Oct. 7, 2023 attack on Israel that started the war.
Starliner astronauts Butch Wilmore and Suni Williams will join Crew 9 commander Nick Hague and cosmonaut Alexander Gorbunov for their long-awaited return to Earth.
U.S. Director of National Intelligence Tulsi Gabbard said President Donald Trump is committed to ensuring peace and security through “realism and pragmatism,” in remarks Tuesday before the U.S. leader speaks with Russian President Vladimir Putin. Gabbard did not refer to a particular country or conflict, but said securing peace required “commitment to fostering cultural and economic ties that reduce the likelihood of an escalation to conflict” and “courage to engage directly with both friends and adversaries alike.” Gabbard spoke at the Raisina Dialogue conference in New Delhi on a visit to India that holds special significance: She was the first Hindu elected to Congress when she served as a representative from Hawaii.
A Columbia University student says the subject of bedbugs never arose after he was arrested and flown to a Louisiana detention center by authorities who now say bedbugs helped force the long journey that made him fear he was being immediately deported for his role in campus protests against Israel. Mahmoud Khalil said in a declaration filed in Manhattan federal court Monday that while he was held overnight at a detention center in Elizabeth, New Jersey, "I did not hear anyone mention bedbugs.”
SEOUL (Reuters) -When South Korea's Constitutional Court rules on President Yoon Suk Yeol's impeachment, expected in coming days, few will be watching more closely - or be watched more closely for possible rabble-rousing - than the country's activist pro-Yoon churches. Outspoken pastors and their flocks have emerged among the conservative president's most vocal supporters, demanding in mass rallies, online videos and lawmakers' speeches that he be restored to office after his impeachment over a martial law declaration in December. Invoking their religious faith and ardent anti-communism, they have doubled down on support for Yoon and cast his impeachment not as the reining in of a rogue leader, but as an existential threat to the fight against North Korea and other enemies.
Gaza’s fragile ceasefire shattered early Tuesday as Israel carried out deadly strikes across the enclave and Israeli Prime Minister Benjamin Netanyahu vowed to use “increasing military strength” against Hamas.
PARIS (Reuters) -French far-right leader Marine Le Pen, who in two weeks will learn her fate in an embezzlement trial, says prosecutors demanding she face an instant five-year public office ban have waged an unheard-of assault on her presidential hopes. The 56-year-old National Rally (RN) leader, who leads polls for the 2027 presidential vote, accuses prosecutors of seeking her "political death" by asking judges to bar her from office if convicted - effective immediately even if she appeals. However, ever since the passage of the Sapin II anti-graft law in 2016, a growing number of politicians convicted of corruption have received such bans, which may worry Le Pen as the March 31 verdict approaches.
Israel vowed on Tuesday to continue fighting in Gaza until the return of all hostages as it unleashed its most intense strikes since a ceasefire, with the health ministry in the Hamas-run territory reporting more than 330 people killed.Mohammed Zaqut, head of the health ministry in Hamas-run Gaza, said "at least 330 deaths" had been recorded, "most of them Palestinian women and children".