Author: Press Room

Virgin Australia has returned to the sharemarket after a five-year hiatus with a massive $685m initial public offering on Wednesday, and it could influence the future health of the Australian economy.In the biggest IPO of the year, the Bain Capital-owned airline has decided to return to the ASX amid a rise in domestic tourism and spending.The offer will almost halve Bain’s stake in the airline from about 70 per cent to 39.4 per cent.Qatar Airlines, which recently invested in Virgin, will reportedly keep its 23 per cent holding.If successful, Virgin’s listing in the market will be seen as a sign…

“DEAL WITH TRUMP” In a bid to fill a long-running power vacuum, Lee nominated Kim Min-seok, a four-time lawmaker, as his prime minister on Tuesday. He also announced former unification minister Lee Jong-seok as spy chief. Kim made waves when he predicted in August last year that Yoon may declare martial law, roughly three months before Yoon’s short-lived decree to impose martial law. The government under a caretaker acting president had made little progress in trying to assuage crushing tariffs announced by US President Donald Trump that would hit some of the country’s major industries, including autos and steel. “President…

Trump signed a proclamation which also restricts the travel of people from an additional seven countries.United States President Donald Trump has signed a proclamation imposing a full travel ban on people from 12 countries and restricting the citizens of seven other countries, The Associated Press news agency reports. The banned countries include Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen. In addition to the ban, which takes effect on Monday, there will be heightened restrictions on people from Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan and Venezuela. “I must act to protect the national…

Vigil held for victims of Colorado attack Vigil held for injured victims of Colorado firebombing attack 02:23 Washington — A federal judge in Colorado temporarily blocked federal immigration officials from removing the wife and five children of the man charged in Sunday’s attack in Boulder from the country or the state.U.S. District Judge Gordon Gallagher issued brief relief to Hayem El Gamal, the wife of Mohamed Soliman, and their children in order to preserve the court’s jurisdiction over the case. “Moreover, the court finds that deportation without process could work irreparable harm and an order must issue without notice due to…

NEWYou can now listen to Fox News articles! LIV Golf star Phil Mickelson reacted on social media as a local California lawmaker talked about millions of gallons of sewage being dumped from Mexico into the water near San Diego.San Diego County District 5 Supervisor Jim Desmond spoke at a recent meeting about beaches around the historic Hotel Del being closed during Memorial Day weekend. He also mentioned Navy SEALs and other towns being affected by the sewage crisis from Mexico. Phil Mickelson (Peter Casey-Imagn Images)Desmond said in the meeting that the only solution is for Mexico to build and maintain…

NEWYou can now listen to Fox News articles! Florida high school students taking a course at a local college were reportedly assigned to complete a sexuality-focused questionnaire that asked if they were gay and blamed heterosexuals for overpopulating the planet. The course and sexually focused questionnaire was part of a Miami-Dade College course offered to high school students, The Daily Wire reported. Titled “Preparing for Student Success,” the course was designed for students to develop academic goals and come up with strategies to succeed in college and was offered in Miami-Dade County, the news outlet stated.  However, the students were asked…

Concerns over the pediatric ward closure at Kelowna General Hospital (KGH) continue to grow a week and half into the service disruption. “We’re a huge city. This should not be happening,” said Louise Harris, a Kelowna mother of six. “As a parent this is very concerning.”The pediatrician ward closed on May 26 for six weeks, possibly longer, as Interior Health (IH) struggles to recruit and retain physicians at the hospital.The health authority has confirmed that since the ward’s closure, it has transferred six pediatric patients to other hospitals across the health region. 2:08 Kelowna ER doctor speaks out on staffing…

Three-time French Open champion Novak Djokovic is under-rated at the age of 38, despite continuing to deliver world-class performances.That was the message from Germany’s Alexander Zverev after his quarter-final loss to the Serbian superstar on Wednesday.The 28-year-old, a finalist last year, was trying to become only the fourth man in the Open era to reach the French Open semi-finals in five consecutive years, after Djokovic, Rafael Nadal and Roger Federer.Instead he bowed out of the tournament, having lost in four sets to Djokovic, who will play Italian world No.1 Jannik Sinner for a spot in Sunday’s final.”I think it was…

ISLAMABAD: More than 200,000 Afghans have left Pakistan since the government renewed a deportation drive in April, Islamabad’s interior ministry told AFP. Pakistan has launched a strict campaign to evict more than 800,000 Afghans who have had their residence permits cancelled, including some who were born in Pakistan or lived there for decades. According to the ministry, more than 135,000 Afghans left Pakistan in April, while the number dropped to 67,000 in May and more than 3,000 were sent back in the first two days of June. Millions of Afghans have poured into Pakistan over the past several decades, fleeing…

Jessie J was diagnosed with “early breast cancer,” the U.K. pop singer said on social media on Wednesday.The 37-year-old artist, whose real name is Jessica Ellen Cornish, said she was diagnosed with breast cancer before her latest single “No Secrets” was released in April. She said she will undergo surgery following her performance at Summertime Ball on June 15, an annual music festival in London.”Cancer sucks in any form, but I’m holding onto the word ‘early,'” she told her nearly 14 million followers on Instagram in a video.Jessie J said she’s sharing her diagnosis partly because she’s “not processing it,”…