Malaysia has rejected an offer to host the 2026 Commonwealth Games – putting it at risk of being cancelled for the first time since the Second World War. Officials said the Commonwealth Games Federation’s (CGF) offer of £100m in funding was insufficient and they had not been left with enough time to plan. Malaysia, which
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Loading… Loading… While the crypto community is cheering the meme coin rally, this real-world asset (RWA) token Ondo Finance ONDO/USD reported a 23.3% surge in valuation. What Happened: Santiment data, as cited by Crypto News, indicates the number of whale transactions of at least 100,000 worth of ONDO increased to 91 from 68 in the
In a blow to Walt Disney, activist Nelson Peltz received a powerful endorsement in his battle against the entertainment conglomerate on Thursday, when proxy advisory firm Institutional Shareholder Services (ISS) recommended shareholders elect him to the board. ISS, whose recommendations can sway hundreds of investors’ votes, said Peltz, a large Disney shareholder, could ensure the board does its job well as it tackles questions
For when you need your fast food on the fly. Wendy’s customers around the country may soon be able to receive their orders via drone, thanks to a bold new collaboration between DoorDash and Alphabet’s Wing, the food delivery company announced. A pilot program rolled out Thursday in Christiansburg, Va., has drones dropping off burgers,
Nike warned on Thursday that its revenue in the first half of fiscal 2025 would shrink by a low single-digit percentage as the world’s largest sportswear maker scales back on franchises to save costs. Nike’s warning came after the stock market closed, and shares were down 5.6% in extended trading. Executives acknowledged that Nike’s direct-to-consumer strategy was not driving growth as expected
Former CNN anchor Chris Cuomo “isn’t surprised” by the grandiose wish list his old colleague and ex-pal Don Lemon sent to Elon Musk — before the X boss told him to take a hike last week, The Post has learned. Cuomo, who moved on to NewsNation after being fired by CNN, couldn’t help but admire the
Dont have enough airline miles for that free flight? United Airlines is now letting people pool and share their frequent-flyer points with family and friends, a feature currently offered by some smaller carriers. United said Thursday that a pool leader can pick up to four other people to set up a joint account in its
Diane Abbott has said she is “glad” police are investigating alleged racist comments made by Conservative Party donor Frank Hester. The remarks, first reported by the Guardian, were said to have been made by businessman Frank Hester during a company meeting in 2019, where he said Ms Abbott made him “want to hate all black
Home Secretary James Cleverly used a private chartered flight to visit Rwanda at a cost of £165,561.53 to the taxpayer, government documents have revealed. The latest transparency data from the Home Office showed Mr Cleverly took the flight in December last year as he headed to Kigali to sign a new treaty with the African
Police are investigating alleged racist comments made by a major Tory party donor about former Labour MP Diane Abbott. The remarks were made by businessman Frank Hester during a company meeting, where he said Ms Abbott made him “want to hate all black women” and she “should be shot”. A West Yorkshire Police spokesperson said
Listen to a recap of the top stories of the day from Electrek. Quick Charge is now available on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
Bahrain’s sovereign wealth fund has completed a deal to take full ownership of McLaren Group, one of the most revered names in British manufacturing, after years of negotiations to put the company on a stable long-term footing. Sky News understands that McLaren will announce later on Friday that the recapitalisation of the supercar manufacturer and
Is today the moment the world’s top diplomatic body comes together in a collective call for a ceasefire in Gaza? Or will messy, discombobulating and cynical geopolitics get in the way? Will Russia vote for an American resolution? At 9am New York time (1pm UK time) the United Nations Security Council will vote on a
SEAT S.A. shared its full 2023 financial results earlier today while also outlining its plans for the future. Part of its strategy includes bringing its Cupra EVs over to the US market, beginning with the all-electric version of the Formentor crossover as well as a larger SUV. SEAT Cupra, S.A.U., better known as Cupra, is
US Energy Secretary Jennifer Granholm speaks during the CERAWeek oil summit in Houston, Texas, on March 18, 2024. Mark Felix | AFP | Getty Images HOUSTON — The Biden administration this week sought to reassure skeptical oil and gas executives that a pause on liquified natural gas exports from new projects would be short-lived and
A person records the Reddit mascot as it rings the opening bell, at the New York Stock Exchange (NYSE) in New York City, U.S., March 21, 2024. Brendan McDermid | Reuters Reddit shares jumped as much as 70% in their debut on Thursday in the first initial public offering for a major social media company
Microsoft is releasing its first Surface PCs featuring a dedicated Copilot button on the keyboard for quickly accessing the chatbot, following through on a promise it made in January. The addition of the button, to the left of the arrow keys, represents the biggest change to the computer keyboard in decades. While Microsoft is not
Ian is joined by Rebecca Klar, technology and policy reporter at The Hill, to talk about the US government suing Apple for allegedly maintaining an illegal monopoly on smartphones. Also, hear the latest as the Bank of England votes to keep interest rates unchanged for another month at 5.25%. Meanwhile, thousands of women may be
Loading… Loading… After a subdued couple of years that followed a stellar performance in 2021, the market for initial public offerings (IPOs) is expected to recover some ground in 2024. The market for new listings was, during 2022 and 2023, hit by rising inflation and interest rates, which raised funding costs and made markets more
Loading… Loading… On Tuesday, large-cap indices experienced a downturn, while small caps surged, reflecting investor attention on stock valuations. The iShares Russell 2000 ETF IWM climbed by over 1%, on track for its fourth consecutive session of gains, representing the lengthiest streak since late 2023. Blue-chip stocks declined by 0.4%, while the Nasdaq 100 dipped