Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is founder & CEO of Digital Self Labs and visiting scholar on financial technology at Georgetown University Law SchoolIn 1758, an English mail coach carrying banknotes was robbed. The robber used one of the stolen banknotes to pay for a room at an inn. The original owner of the banknote asked the Bank of England to stop payment of the note, whereupon the innkeeper sued. The case of Miller v Race rose to England’s highest court judge, who ruled that…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Barclays’ annual general meeting on Wednesday was disrupted by protesters as the UK government prepares to clarify the rules on whether companies can hold gatherings online to cut costs and avoid interruptions by activists. About a dozen pro-Palestinian protesters circumvented heavy security at the meeting in London on Wednesday before interrupting three times in the first 10 minutes. In the latest protest against the UK bank’s relations with Israel, the activists stood on chairs and waved Palestinian flags, chanting “shame on you . . . free,…

A jury in the United States has acquitted three former police officers in the controversial beating death of Tyre Nichols, a 29-year-old father who was killed after a traffic stop in Memphis, Tennessee. On Wednesday, former officers Tadarrius Bean, Demetrius Haley and Justin Smith were found not guilty in a state-level case that included charges of second-degree murder, aggravated assault, aggravated kidnapping, official misconduct and official oppression. This was their second criminal trial, after facing federal charges for Nichols’s death as well. In that case, the three officers were also acquitted of the most serious charges they faced, though they…

Why U.S. fighter jets went overboard in Red Sea What led to 2 U.S. fighter jets going overboard in the Red Sea 02:42 For the second time in just over a week, an F/A-18E Super Hornet fighter jet assigned to the USS Harry S. Truman has been lost in the Red Sea, a defense official confirmed to CBS News. The two pilots aboard the aircraft sustained minor injuries in the ordeal.  The official said in a statement that the Super Hornet was attempting to land on the flight deck of the Truman Tuesday “when an arrestment failed, causing the aircraft…

Chief Justice John G. Roberts Jr. defended the independence of the judiciary and denounced any attempt to impeach judges over disagreements with their rulings during rare public remarks on Wednesday evening.“Impeachment is not how you register disagreement with a decision,” the chief justice told a crowd of about 600 people, mainly lawyers and judges, gathered in Buffalo, his hometown.The remarks were his first since issuing a similar, though also unusual, written statement in March in response to threats by President Trump and his allies to impeach federal judges who have issued decisions against administration policies.The chief justice did not mention…

Descrease article font size Increase article font size A violent group assault at Gyro Park last September, which shocked the city of Kelowna, B.C., has now resulted in guilty pleas from all five teens involved. The attack, which left a 13-year-old girl unconscious, drew widespread attention after graphic footage of the incident circulated widely on social media.In the video obtained by Global News, the young victim is seen being swarmed, punched, and kicked by a group of teens after being lured to the park. At one point, the attackers are shown scooping dirt onto her head as she lies motionless…

Stranded shareholders of AVZ Minerals have been thrown a lifeline after the delisted West Perth outfit inked a sale deal for its Congolese lithium project before Chinese interests could seize control.

SINGAPORE: All Singapore Airlines (SIA) and Scoot flights have been avoiding Pakistani airspace and using alternative flight paths since Tuesday (May 6), a spokesperson said.  This may result in slightly longer flight times for some flights, an SIA spokesperson said on Wednesday in response to queries from CNA.  “SIA and Scoot will assist affected customers by accommodating them on alternative flights, if necessary.” Scoot’s flights to and from Amritsar have also been cancelled until Friday due to the closure of Sri Guru Ram Das Jee International Airport in the city. A full refund will be given if affected passengers choose not…

Check out the companies making headlines in after-hours trading. AppLovin – The AI-powered marketing platform saw shares rallying 13% in extended trading after the company reported stronger-than-expected quarterly results. AppLovin’s posted an EPS of $1.67, higher than an LSEG consensus estimate of $1.45 per share. Revenue of $1.48 billion also came in above expectations. The company also announced it’s selling its mobile gaming business to Tripledot Studios for consideration of $400 million in cash and an approximately 20% ownership stake in Tripledot common equity. Arm Holdings – U.S. traded shares of the chip designer slid 9% after the company’s guidance…

The last time India and Pakistan faced off in a military confrontation, in 2019, U.S. officials detected enough movement in the nuclear arsenals of both nations to be alarmed. Secretary of State Mike Pompeo was awakened in the middle of the night. He worked the phone “to convince each side that the other was not preparing for nuclear war,” he wrote in his memoir.That clash quickly cooled after initial skirmishing. But six years later, the two South Asian rivals are again engaged in military conflict after a deadly terrorist attack against tourists in Indian-controlled Kashmir. And this time there is…