SoftBank Group Corp is planning to cut headcount at its flagship Vision Fund investing arm, CEO Masayoshi Son said on Monday, after a crash in the value of its portfolio pushed his conglomerate to a record quarterly net loss. Vision Fund, which upended the world of venture capital with splashy bets … Read more
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka has given approval for India’s Lanka Indian Oil Corporation (LIOC) to open 50 new fuel stations, a company official said on Monday, as part of efforts to reduce severe shortages that have crippled the island nation. Sri Lanka is caught in its … Read more
The People’s Liberation Army (PLA) Eastern Theatre Command, which oversees Taiwan, said on Monday it would continue drills in waters near Taiwan island, focusing on anti-submarine and air-to-ship strikes A Chinese military jet flies over Pingtan island, one of mainland China’s closest points to Taiwan. Pic/AFP China on Monday continued its unprecedented military … Read more
Maharashtra chief minister Eknath Shinde is likely to expand his cabinet tomorrow as the Monsoon Session of the state assembly will begin from August 10, according to the order issued in this regard. Former chief minister Devendra Fadnavis likely to get the home portfolio, sources have said. Shinde and Fadnavis, who have been functioning as … Read more
Elon Musk is involved in a legal battle with Twitter. (Reuters File Photo) Elon Musk, the world’s richest man, has admitted that he has a secret Instagram account that he uses for personal purposes. The revelation came during a podcast in which the Tesla chief talked about aliens, his deal to acquire Twitter and other … Read more
A new day, a new week, and a new Wordle puzzle! Let’s solve today’s daily word puzzle to beat the Monday blues! Who knows, while solving today’s Wordle, you might get rid of all the stress! Wordle has now become an inseparable part of our everyday life. The word puzzle is a good game for … Read more
An aggressive push toward renewable energy has run headlong into anxiety over keeping the lights on in California, where the largest utility is considering whether to try to extend the lifespan of the state’s last operating nuclear power plant. California is the birthplace of the modern environmental movement that for decades … Read more
Ukraine said Russian shelling on Saturday had damaged three radiation sensors. (Representational) UN Secretary-General Antonio Guterres called on Monday for international inspectors to be given access to the Zaporizhzhia nuclear plant after Ukraine and Russia traded accusations over the shelling of Europe’s largest atomic plant at the weekend. “Any attack to a nuclear plant is … Read more
The US stocks moved mostly down on Friday, 05 August 2022, with the NASDAQ and the S&P500 indexes settling below the unchanged line after a solid jobs report weighed on tech and related stocks, while the Dow index managed to hold gain line on a jump in banking and energy stocks. At … Read more
Tensions are mounting ahead of this year’s U.N. climate summit, as vulnerable countries ramp up demands for rich countries to pay compensation for losses inflicted on the world’s poorest people by climate change. When diplomats from nearly 200 countries meet on Nov. 7 in the beachside resort town of Sharm El Sheikh, Egypt, negotiations will … Read more
