Author: Press Room

These are the stocks posting the largest moves in midday trading.

Coventry wins the race to succeed Thomas Bach and will be first African to become International Olympic Committee chief.Kirsty Coventry has smashed through the glass ceiling of the International Olympic Committee (IOC) to become the organisation’s first woman and first African president in its 130-year history. The Zimbabwean swimming great, already a towering figure in Olympic circles, emerged victorious on Thursday in the race to replace Thomas Bach, securing the top job in world sport and ushering in a new era for the Games. “It’s a really powerful signal,” she smiled as the victory sunk in. “It’s a signal that…

Elon Musk’s Department of Government Efficiency on Wednesday sharply cut back the number of federal real estate leases it claimed to have terminated, signaling that the group is losing at least some internal battles to get rid of government office space.For weeks, Mr. Musk’s group said on its website that it had terminated more than 700 leases, and saved more than $460 million in the process.But around 1 a.m. Wednesday, the group eliminated references to 136 of those cancellations. That reduced its savings by $140 million, or almost 30 percent of the total for lease cancellations it had claimed a…

Fire authorities have extended the region’s prohibited burning period to at least March 28 amid concerns about dry conditions and not enough rain across most of the Augusta-Margaret River shire.The conditions are shaping up to mirror last year when official fire control measures were changed five times before the traditional winter spell where home and property owners could catch up with burn-offs on their own land.However, the Shire of Augusta-Margaret River in consultation with the Department of Fire and Emergency Services and the Department of Biodiversity, Conservation and Attractions had consensus on the first extension of the season.“The current dry…

Cellphone video shows the arrest of Columbia University anti-Israel activist Mahmoud Khalil by federal immigration agents.The two-minute clip shows several immigration agents confronting Khalil inside the lobby of his university-owned residence, informing him that he is “going to be under arrest” and ordering him to “stop resisting.””There’s no need for this,” Khalil replies as he is placed in handcuffs. “I’m going with you. No worries.” The video perspective comes from “his wife, who is 8 months pregnant,” American citizen Noor Abdalla, an ACLU social media post said.MAHMOUD KHALIL BLAMES ‘ANTI-PALESTINIAN RACISM’ FOR ARREST IN FIRST STATEMENT SINCE ICE DETAINMENT Screenshot of…

The uncertainty Canada faced during U.S. President Donald Trump‘s first term “doesn’t come close” to the current uncertainty around his tariffs, Bank of Canada governor Tiff Macklem said Thursday. Speaking at an event in Calgary, Macklem said that while the Canadian economy entered 2025 on a strong footing after years of COVID-19 disruptions and inflation, the outlook for the year is not rosy.“The Canadian economy managed a soft landing. Unfortunately, we’re not going to stay on the tarmac for long,” he said.Macklem said Trump’s first term in office created uncertainty in the relatively stable trading relationship between the U.S. and…

PONTE VEDRA BEACH, Fla. — Two thick, beefy strong boys with snug polos and holstered pistols walked, chests out, up to the area behind TPC Sawgrass’ 12th green Sunday. As they approached the hill, another security officer smiled at two of the day’s main characters.“It’s the Bash Brothers!” the man joked.The three of them waited behind the green in the moments before play restarted at the final round of the Players Championship after a four-hour weather delay halted what appeared to be Rory McIlroy’s runaway moment. By then, roughly two-thirds of the massive crowd understandably left, but the ones who…

A hard-line Hindu group’s call for the removal of the tomb of a 17th-century Mughal ruler has ignited tensions with Muslims in the western Indian state of Maharashtra, leading to communal violence and the imposition of a curfew.The violence, which occurred this week in the city of Nagpur, centered around the tomb of Aurangzeb, a Muslim emperor of India whom Hindu nationalists have vilified as a tyrant who brutalized Hindus.The clashes were contained by midweek, and the demand that the tomb be demolished has gone unheeded. But the flare-up showed how right-wing Hindus have seized on a long-ago history of…

The New York Court of Appeals, the state’s highest court, blocked a law on Thursday allowing non-citizens to vote in local elections. A former New York City Council member responded to the ruling by saying it should have been an “open and shut case” and that the law was “embarrassing.”In a court filing by New York City attorneys, the city said that non-U.S. citizens make up about a third of the adult population in the city. The near unanimous, 6-1, decision blocks a law passed in 2021 by New York City’s majority Democratic city council that would have made nearly 1 million…

At least 91 Palestinians have been killed and dozens wounded in air strikes across the Gaza Strip after Israel resumed bombing and ground operations, the enclave’s health ministry says, effectively ditching a two-month-old ceasefire.After two months of relative calm, Gazans were again fleeing for their lives after Israel effectively abandoned a ceasefire, launching a new all-out air and ground campaign against the Gaza Strip’s dominant Palestinian militant group Hamas.Israeli aircraft dropped leaflets on residential neighbourhoods, ordering people out of Beit Lahiya and Beit Hanoun towns in the north, the Shejaia district in Gaza City and towns on the eastern outskirts…