Australia to cap foreign student numbers in 2025 as part of migration crackdown
The move is intended to balance the growing influx of foreign students with the need to ensure that local students have adequate access to educational...
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Abrdn finance chief Jason Windsor set to replace Stephen Bird as CEO
Stephen Bird's departure in May followed a challenging tenure marked by significant client withdrawals and a controversial rebranding. Jason Windsor, who has been serving as interim CEO, is now the leading candidate to take on the role permanently.
Warren Buffett’s Berkshire Hathaway cuts $75.5 billion in stock holdings, raises cash reserves
Berkshire Hathaway’s recent decision to cut its stake in Apple by nearly 49% and reduce its Bank of America holdings is a strategic move amid rising cash reserves. This adjustment follows a surge in Bank of America shares and comes at a time of increased market volatility.
Coca-Cola to appeal U.S. tax court ruling
Coca-Cola argues that both the IRS and the Tax Court have fundamentally misunderstood and misapplied specific tax regulations. The company is preparing to mount a vigorous defense in its bid to overturn the ruling, which has significant legal and financial implications for the company and potentially other multinational corporations.
Hershey stock drops 5.3% after Q2 earnings miss and lowered 2024 outlook
The company's organic, constant currency net sales fell by 16.8%, largely due to reduced retailer inventory levels in North American and international markets.
Space industry growth diverges from broader market trends, new study reveals
The study, conducted by the Space Economy Institute, highlights a stark divergence between the growth trajectories of the space industry and traditional financial markets.
Violent clashes erupt in Northwest England after deadly stabbing at dance event
Local authorities have condemned the violence and called for calm, urging the community to avoid further escalation. "The violence and attacks on places of worship are unacceptable and will be dealt with firmly," said a spokesperson for the local police department.
Colombia’s President Petro urges transparent vote count in Venezuela amid protest violence
Petro's call for transparency aligns with broader international concerns about the Venezuelan electoral system, which has faced scrutiny from both regional and global actors.
Supreme Court rules Vodafone Idea not liable for TDS on payments to non-resident operators
The case centered on whether Vodafone Idea, one of India's largest telecom service providers, should have been withholding TDS on payments made to foreign operators for interconnectivity and bandwidth services.
Standard Chartered announces $1.5 billion share buyback program
Standard Chartered plans to repurchase up to $1.5 billion of its shares, totaling approximately 228,843,817 shares, from August 1, 2024, to January 30, 2025. The shares will be canceled, with the buyback set to occur on the London Stock Exchange and other UK-recognized exchanges.
Hamas leader Ismail Haniyeh’s death: Potential fallout and regional implications
The question arises: will Iran remain passive if it finds out that Israel was potentially involved in the Haniyeh's killing?
France supports Moroccan autonomy plan for western Sahara
France’s backing comes amidst ongoing international debate over the status of Western Sahara, a territory claimed by both Morocco and the Sahrawi Arab Democratic Republic (SADR).
UK preacher Anjem Choudary sentenced to life for terrorism charges
During the trial, evidence presented by the prosecution highlighted Choudary’s extensive efforts to radicalize individuals and orchestrate operations in support of terrorism.
NISAR launch delayed until 2025: A setback for Earth observation
NISAR, a collaborative project between NASA and the Indian Space Research Organisation (ISRO), aims to revolutionize Earth observation with its advanced radar technology.
NASA prepares for August launch of Crew-9 Mission
Crew-9 will be the ninth operational mission under NASA's Commercial Crew Program, which aims to transport astronauts to and from the International Space Station (ISS) using private spacecraft.
Innovative freight transport: Merging hovercraft and ground effect technologies
Further advancements in this field are expected as researchers and engineers refine the technologies and address challenges related to stability and cargo capacity.
Russia’s nuclear threat to space: A modern-day Cuban Missile Crisis
Russia has increasingly invested in space-based technologies that include potential nuclear weapons platforms and advanced anti-satellite systems. The latter, designed to disrupt or destroy satellites vital for global communication, navigation, and weather forecasting, could significantly undermine international security.