Browsing: Main Headlines

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).

Canada is planning to impose limits on the number of temporary residents it lets into the country for the first time. Immigration Minister Marc Miller announced on Thursday plans to gradually decrease the number of temporary residents admitted over the next three years, starting with an initial cap set for September. These limits will affect international students, foreign workers, and asylum seekers.

After eight years since formally applying to join the European Union, Bosnia and Herzegovina, a Balkan nation, is set to commence negotiations for EU membership. Last week, the European Commission, the executive body of the EU, recommended initiating talks, a proposal that has now received approval from EU leaders.

According to Ukraine’s air force, 31 missiles launched by Russia were intercepted over Kyiv overnight. The attack resulted in at least 17 injuries, including one child, with four individuals currently hospitalised due to falling debris, as reported by authorities.

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.

Robinho, a former Brazilian football star, has been arrested and will start his nine-year prison term for a rape conviction. This sentence stems from his involvement in the gang rape of an Albanian woman at a Milan nightclub in 2013, a crime for which he was found guilty in Italy two years prior.

A court in Brazil has ruled that former Manchester City and Real Madrid forward Robinho must serve a nine-year prison sentence for rape in his home country.

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”.

Leo Varadkar, the Irish prime minister, has announced his immediate resignation as party leader and plans to step down as taoiseach once his successor from Fine Gael is appointed.

Portugal set for centre-right minority government The President of Portugal has extended an invitation to centre-right politician Luís Montenegro to establish a minority government. Following…

The Brazilian government has announced the recovery of numerous furniture pieces that were previously reported missing from the official presidential residence when President Luiz Inacio Lula da Silva assumed office in January of the previous year.

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.

In Haiti, police have fatally shot at least three individuals while stopping an assault on the nation’s central bank. An employee informed AFP that a “group of criminals” targeted the Bank of the Republic of Haiti (BRH) on Monday, resulting in up to four casualties and one guard being wounded.

In France’s largest cyberbullying case yet, 28 people have been sent to jail for up to 18 months for harassing an influencer. The judges found them guilty of harassing Magali Berdah, prompted by a campaign led by the French rapper Booba against “thieving influencers.”

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.

A South Korean-flagged tanker, the Keoyoung Sun, has capsized off the west coast of Japan, leading to the rescue of at least eight sailors, while three remain missing.

Scientists say they have, using Crispr gene-editing technology, been able to eliminate HIV from infected cells. The Nobel Prize-winning technology works like scissors, but at the molecular level, cutting DNA so “bad” bits can be removed or inactivated. 

In a recent talk with the BBC, US Secretary of State Antony Blinken said Gaza’s two million people are experiencing “severe levels of acute food insecurity.” 

In Santiago, Cuba’s second-largest city, hundreds of people staged a rare public demonstration on Sunday to protest continued power outages and food shortages.

Evergrande, the struggling Chinese property giant, along with its founder Hui Ka Yan, faces allegations of inflating revenues by $78 billion (£61.6 billion) in the two years preceding the company’s default on its debt.

Japan’s central bank has raised the cost of borrowing for the first time in 17 years. The Bank of Japan (BOJ) increased its key interest rate from -0.1% to a range of 0%-0.1%. It comes as wages have jumped after consumer prices rose.

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.

Nvidia has revealed its latest artificial intelligence (AI) chip, boasting a significant speed boost of 30 times compared to its predecessor.

The White House says senior Hamas leader Marwan Issa has been killed in an Israeli air strike. 

US police have captured a suspected gunman believed to be responsible for a series of deadly shootings in Pennsylvania. Authorities say that the suspect allegedly shot three individuals dead in Levittown on Saturday before fleeing across state lines.