NEW YORK – COVID-19 cases are rebounding in New York State as the BA.2 sub-variant of Omicron contributes to the majority of infections. The 7-day average of COVID-19 cases per 100,000 people increased to 17.8 on Sunday, up from 8.2 three weeks ago, according to the latest data issued by the state’s authorities on Monday. … Read more
According to authorities, a 12-year-old child riding in a parked car in Brooklyn was tragically shot on Thursday night after his family stopped to eat. According to officials, a torrent of bullets landed on the automobile, and the youngster, who was seated in the passenger seat, was wounded many times. Assistant Chief Michael Kemper said … Read more
DUBAI: A giant white diamond named “The Rock” enters the world of the auction in Dubai for the first time on Friday. The bidding price for the precious diamond is expected to go as high as up to $30 million. The 228.31-carat pear-shaped gem, which was mined and polished in South Africa more than 20 … Read more
OTTAWA – Canadian Prime Minister Justin Trudeau lambasted trucker-led protests that have shut down central Ottawa in anger at Covid-19 health rules, as France and New Zealand moved Thursday to stop their own copycat convoys. Police in Canada have threatened to arrest protesters who have joined the blockade of the Ambassador Bridge that links Windsor and the … Read more
Cheryl Delsangro of Las Vegas said she rescued a dog Labrador retriever, Benny, from a Utah kill shelter. Delsangro, a retired competitive figure skater, said she taught Benny how to skate on the rink using custom-made skates. Benny made his New York debut at Wollman Rink in Central Park, where he performed to raise money … Read more
TAIPEI: Every day, Aiden Lee joins the hundreds of thousands of people getting around Taipei on two wheels. But when most of his fellow riders head to a petrol pump to refuel, he takes his e-motorbike to one of Taiwan’s increasingly commonplace battery-swapping stations — tech its creators say could supercharge the shift from fossil … Read more
LeBron James scored a team-high 33 points and Anthony Davis returned to spark the offence as the Los Angeles Lakers beat the short-handed Brooklyn Nets 106-96 on Tuesday in New York. James shot 14-of-21 from the floor and added seven rebounds and six assists for the Lakers, who have lost five of their last eight … Read more
CAIRO: Dubai’s Emirates Airline on Tuesday said that it would suspend flights to several destinations in the United States from January 19, until further notice due to concerns regarding 5G mobile deployment, Reuters reported. The move is “due to operational issues related to the planned rollout of 5G mobile network services in the United States,” the company … Read more
WASHINGTON: Multiple states have begun investigating potential violations in how Facebook, now known as Meta Platforms Inc (FB.O), runs its virtual-reality Oculus business, Reuters quoted three sources familiar with the matter. Two of the sources said the US Federal Trade Commission was also involved in the antitrust investigation. Meta did not immediately respond to a request for … Read more
NEW YORK: Boston Celtics legend Sam Jones, a lightning-fast guard and clutch shooter whose 10 NBA titles rank second in league history, has died at age 88, a team spokesman announced Friday. Jones, inducted into the Basketball Hall of Fame in 1984, was a key spark in the Celtics’ 1960s dynasty, averaging 17.7 points and 4.9 rebounds … Read more
BEIJING: Beijing has tightened the rules on overseas listings by Chinese firms in a series of new regulations that increase scrutiny of companies seeking to raise funds on foreign stock markets. China has stepped up scrutiny of major overseas listings after a controversial New York IPO by ride-hailing giant Didi Chuxing went ahead this year, despite … Read more
WASHINGTON: US health authorities on Monday halved the recommended isolation time for people with asymptomatic Covid-19, as President Joe Biden warned Americans not to panic amid a surge of cases threatening wider social disruption. Speaking about the rapidly spreading Omicron variant, Biden said some US hospitals could be “overrun,” but the country is generally well … Read more
This Christmas, supermodel Bella Hadid helped families in need. She collaborated with a New York City food bank in handing out groceries and toys. Read more: Bella Hadid opens up about mental health issues & anxiety The 25-year-old Victoria Secret Model shied away from the spotlight this holiday season. Instead of posting photos of herself … Read more
With inflation expected to remain high for some time, the US central bank is likely to raise interest rates soon after it ends its bond-buying programme in March, a Federal Reserve board member said on Friday. The Fed earlier this week announced it will accelerate the end to its stimulus programme after inflation last month … Read more
China Mobile is aiming to raise $7.64 billion in a Shanghai share listing, documents filed on Tuesday showed, after the telecoms giant was delisted in New York tensions between Beijing and Washington worsened. The 48.7 billion yuan initial public offering would be one of the largest on China’s domestic stock markets for a decade, according … Read more
LONDON: World oil prices fell by more than 5 per cent on Monday, as energy demand fears grew over the fast-spreading Omicron coronavirus variant. In morning deals, Brent North Sea crude tumbled 5.1 per cent to $69.79 per barrel and New York’s West Texas Intermediate oil lost 5.7 per cent to $66.84. The rapid spread … Read more
NEW YORK: The New York City lawmakers are poised to decide on Wednesday whether to prohibit most new buildings from using natural gas, a move that would make the nation’s most populous city a showcase for a climate change fighting policy that has been both embraced and blocked around the country, AP reported. The measure is expected … Read more
The emergence of the Omicron variant has thrown early signs of recovery in the global supply chain into doubt across the world, including in the Middle East and North Africa, Arab News reported. “There may still be swings, but overall, I think the worst is over,” said Esben Poulsson, who chairs the International Chamber of Shipping, on … Read more
PORTLAND: New York City boss Ronny Deila says his team are ready to rip up the form book once more when they take on the Portland Timbers in Oregon on Saturday looking to claim the club’s first Major League Soccer crown. After an Eastern Conference playoff run which included away victories over the top-seeded New … Read more
Bahrain has revived its age-old pearl industry, as it looks to other sources of revenue to diversify its oil economy, Arab News reported. The Bahrain Institute for Pearls and Gemstones recently announced that it has examined over 10 million pearls from across the world since it was established in 2017. It said its commercial laboratory has become … Read more
RIYADH: Major US stock exchanges delisted 179 companies between 2020 and 2021, according to a report carried by Finbold.com. Citing data the report said in 2021, the number of companies on Nasdaq and the New York Stock Exchange stands at 6,000, dropping 2.89 per cent from last year’s figure of 6,179. In 2019, the listed … Read more
BEIJING: China’s largest e-commerce group Alibaba said on Monday it is appointing a new chief financial officer and reorganising its e-commerce businesses, amid a regulatory crackdown in the technology industry, Arab News reported. The company said in a statement that Toby Xu will succeed Maggie Wu as its new CFO from April 1, 2022. Xu joined Alibaba … Read more
NEW YORK, Dec 4, 2021 (AFP) – The personal computer that Wikipedia founder Jimmy Wales used when programming the online reference resource 20 years ago is going under the hammer, along with an NFT memorializing his first edit on the platform, auctioneers said Friday. The Strawberry iMac was the machine Wales “used for development and research … Read more
RIYADH: US investment bank Moelis and Co plans to open an office in the Saudi capital Riyadh and will soon begin hiring staff in the kingdom, Bloomberg reported. The New York-based company sees the kingdom attracting more foreign investors and benefiting from an “energy supercycle,” Vice Chairman Eric Cantor said in an interview. The boutique financial adviser, … Read more
NEW YORK: After nearly two years of pandemic gloom, American consumers appear primed to spend generously for the holidays in spite of worries over inflation and item availability. Retailers have seen strong buying interest this fall, with robust “back to school” and Halloween sales fueling optimism about the holiday season, which kicks off this week with … Read more
RIYADH: US Ford Motor Co will explore buying chips directly from GlobalFoundries, as a response to a global semiconductor shortage that’s crimped profits and production, Bloomberg reported. The Dearborn Michigan-based automaker said Thursday it’s forming a “strategic collaboration” with GlobalFoundries, which went public in a $2.6 billion listing last month and recently moved its headquarters from California … Read more
NEW YORK: Twitter has spoken – after Elon Musk polled his more than 62 million followers on whether he should sell 10 per cent of his Tesla shares, by Sunday a majority had voted “yes.” “I was prepared to accept either outcome,” said Musk, who regularly takes to Twitter to make unexpected announcements or surprising … Read more
A rescue crew from New Jersey went down a rocky crack inside a New York state park to free a dog who had been trapped for five days. Specialist cave rescuers collaborated with the Ulster County Society for the Prevention of Cruelty to Animals and Minnewaska State Park Preserve forest rangers to organize the rescue … Read more
