Author: Press Room

Henderson naval shipbuilder Austal has picked former Credit Suisse Australia boss Richard Gibb to join its board as a non-executive director.Mr Gibb held the top job at Credit Suisse for five years until 2024 and is currently chair of the risk committee at big four bank ANZ. He joins Austal on June 2.Announcing the appointment to the market on Friday, Paddy Gregg-led Austal said Mr Gibb had spent over 35 years in international finance and investment banking.“Richard possesses important international finance, M&A and capital management skills,” Austal chair Richard Spencer said.“When combined with existing board defence and manufacturing operations skillsets,…

LUXEMBOURG: A Luxembourg court on Thursday (May 22) fined Edmond de Rothschild bank €25 million (US$28 million) for its role in a money-laundering scandal in which a Malaysian wealth fund lost billions of dollars. “This is the first time that a Luxembourg banking establishment has been convicted in a money laundering case,” the Grand Duchy’s judicial authorities noted following the punishment in the so-called 1MDB affair, which involved the misappropriation of money from 1Malaysia Development Berhad (1MDB). The fund, created in 2009 as then Prime Minister Najib Razak set out to modernise Malaysia, soon found itself embroiled in corruption allegations,…

These are the key events on day 1,184 of Russia’s war on Ukraine.Here is where things stand on Friday, May 23: Fighting Ukrainian drones disrupted air traffic around Moscow, grounding planes at several major airports on Thursday, as 35 drones targeting the city were downed, according to Russia’s Ministry of Defence. According to the ministry and Moscow mayor’s office, a total of 46 Ukrainian drones targeted Russia’s capital, while an additional 70 drones were launched against other targets across the country. Russia launched 128 drones at Ukraine overnight, according to Ukraine’s air force, with 112 of those drones either shot…

Arlington, Virginia — Soldiers of the U.S. Army’s Old Guard are taking on intensive drills as they prepare to resume next month their sacred and solemn duty of using horse-drawn caissons, or carriages, for servicemembers being laid to rest at Arlington National Cemetery. These horse-drawn funerals were suspended by the Army in May 2023 following the deaths of two of the horses within a 96-hour period back in February 2022, prompting an Army investigation. As CBS News previously reported, other horses pulling the caissons were also suffering painful muscle and tendon injuries. At the time, the Army said that 27 Arlington horses…

NEWYou can now listen to Fox News articles! Tensions were high in the early going between the Indiana Fever and Atlanta Dream Thursday night.The two teams were 48 hours removed from a battle that came down to the final seconds, which the Dream won, 91-90. So, maybe there was some carryover.With less than 30 seconds to go in the first quarter, Caitlin Clark and Rhyne Howard exchanged some words and had to be separated. Howard was playing full-court defense on Clark, who was dribbling up the court.  Atlanta Dream guard Rhyne Howard (10) argues with Indiana Fever guard Caitlin Clark…

Harvard loses federal funding for research grants Steamboat Institute Blankley fellow Amber Duke joins ‘Fox & Friends First’ to discuss her reaction to Harvard losing its federal grant funding and how the institution has responded to the move.  A former Harvard Medical School morgue manager recently entered a plea in relation to an alleged scheme to steal and sell donated body parts.Cedric Lodge, 57, of Goffstown, New Hampshire, pleaded guilty to interstate transport of stolen human remains on Wednesday before Chief U.S. District Judge Matthew W. Brann, according to a news release from the U.S. Attorney’s Office for the Middle…

By Staff The Canadian Press Posted May 22, 2025 3:16 pm Updated May 22, 2025 5:33 pm 1 min read Descrease article font size Increase article font size Quebec recorded a slight drop in the total number of people who died on the province’s roadways last year, but a rise in pedestrian and cyclist deaths. The report by the province’s auto insurance board says 379 people — including vehicle and motorcycle drivers, pedestrians and cyclists — died on roadways in 2024, down one compared with 2023. Get daily National news Get the day’s top news, political, economic, and current affairs headlines,…

A Wembley coffee bar will temporarily transform into a non-alcoholic taproom to support men’s mental health.Pique Coffee has joined forces with Mens Talk to trial two new Friday after-work events — the first of which starts on Friday.Mens Talk, a not-for-profit group dedicated to breaking the stigma around mental health and creating positive futures for men, will get 10 per cent of bar sales during the special openings.Over the past few months, Pique Coffee owners Jase and Claire Millar have been working on a range of alcohol-free drinks and mocktails, including some inspired by coffee, to offer at the Pique…

SINGAPORE: Travellers can expect “very heavy” traffic at Singapore-Malaysia land checkpoints during the upcoming June school holidays and Hari Raya Haji long weekend, the Immigration and Checkpoints Authority (ICA) said on Friday (May 23). The June school holidays runs from May 31 to Jun 29, while the Hari Raya Haji weekend is from Jun 6 to Jun 9. Travellers should expect longer waiting times to clear immigration. “ICA advises travellers to check the traffic situation at the land checkpoints before embarking on their journey,” said the authority. Those who need to travel during this peak period can consider taking cross-border bus services…

The administration of President Donald Trump has taken a hard line against top US universities over their responses to pro-Palestine protests, as well as their diversity initiatives and curricula. The move on Thursday to block Harvard University from enrolling foreign students represents the latest escalation in a months-long standoff, which critics say has been rooted in unfounded claims of rampant anti-Semitism. In a statement, Department of Homeland Security Secretary Kristi Noem said the administration was “holding Harvard accountable for fostering violence, antisemitism, and coordinating with the Chinese Communist Party on its campus”. Harvard has called the latest move “unlawful” and…