Latest News
- Billionaire Leon Black to testify before congressional panel on Epstein payments
- 14-year-old boy charged with murder after body of missing girl found in Blaina
- Nearly 50,000 missing and 235 dead after twin earthquakes in Venezuela
- European Commission proposes military-age Ukrainian men exclusion from EU scheme
- EU extends economic sanctions against Russia for another year amid ongoing conflict in Ukraine.
- US economy shows signs of stability amid ongoing inflation concerns
- Okanagan man accused of murdering ex-wife presents closing arguments to jury
- Iran’s Revolutionary Guards attack Singapore-flagged ship in Strait of Hormuz
USA News
Leon Black, co-founder of Apollo Global Management, is set to testify before the House Oversight Committee regarding his financial dealings with Jeffrey Epstein. Senator Ron Wyden has questioned Black’s payments exceeding $170 million for services purportedly related to tax advice and estate planning, amid ongoing scrutiny over Epstein’s criminal activities.
EUROPEAN UPDATE
This morning, European Union leaders address energy security and economic stability in response to recent geopolitical tensions.
Key discussions centre on collaborative strategies moving forward.
Iran’s Revolutionary Guards targeted a Singapore-flagged vessel in the Strait of Hormuz with a drone strike, damaging the ship’s bridge. The United Nations’ International Maritime Organization has paused a planned evacuation of vessels in the Persian Gulf, citing safety concerns following the incident. No casualties were reported.
Reddit said on Wednesday that it had priced its shares at $34 each, a figure near the top end of the marketed range. By the end of Thursday’s trading session, the stock had climbed to $50.44, thereby valuing the firm at over $9 billion (£7.1 billion).
The United States has filed a groundbreaking lawsuit against Apple, accusing the tech giant of monopolising the smartphone market and stifling competition. The lawsuit, filed by the Justice Department, says that Apple exploited its dominance over the iPhone app store to lock in both customers and developers.
US Secretary of State Antony Blinken is in the Middle East discussing post-war plans to govern and secure Gaza. His talks with Arab leaders in Saudi Arabia and then Egypt will focus on what the US calls “an architecture for lasting peace”.
Angela Chao, a prominent figure in the shipping industry, tragically lost her life last month during an incident at a Texas ranch, according to authorities.
A federal appeals court has frozen the enforcement of Texas’s contentious immigration law, which is among the strictest of its kind enacted by a US state in recent history.
Donald Trump cannot find a private company to guarantee the $464 million (£365 million) he has to pay in a New York civil fraud lawsuit.
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