Author: Press Room

KUALA LUMPUR: Malaysia has agreed to terms and conditions of an agreement with exploration firm Ocean Infinity to resume the search for the wreckage of the missing Malaysia Airlines flight MH370, its transport minister said on Wednesday (Mar 19). Flight MH370, a Boeing 777, was carrying 227 passengers and 12 crew when it vanished en route from Kuala Lumpur to Beijing in 2014 in one of the world’s greatest aviation mysteries. The decision will enable commencement of seabed search operations in a new location estimated to cover 15,000 sq km in the southern Indian Ocean, based on a “no find,…

President Trump said on Wednesday that the Iran-backed Houthi militant group in Yemen would be “completely annihilated” by U.S. military strikes and warned Tehran to “immediately” stop supplying it with military equipment and general support and “let the Houthis fight it out themselves.”His remarks, posted on social media, came as the U.S. military continued a wave of attacks on Houthi targets in Yemen as part of what American officials said was an effort to stop the militant group’s attacks on commercial ships in the Red Sea.“Tremendous damage has been inflicted,” Mr. Trump said of the effects of the strikes, which…

Minnesota Senate Republicans on Thursday will make a motion to expel their colleague Sen. Justin Eichorn following a federal criminal charge that he solicited sex from someone he thought was 17, but turned out to be an undercover officer.Eichorn, a Republican from Grand Rapids, is charged with attempted coercion or enticement of a minor. Prosecutors said he answered an online ad that was part of an operation targeting sex trafficking by Bloomington police and other law enforcement. The fallout at the state Capitol was swift following his arrest. Senate Republicans called on him to resign, as did other lawmakers across party lines…

The Federal Reserve left interest rates unchanged on Wednesday for a second straight meeting. The March meeting was the central bank’s most direct acknowledgment to date that President Trump’s policies are set to have a real impact on the economy, stoking significant uncertainty about where inflation, growth and — ultimately — interest rates are headed. Here are the takeaways:Tariffs took center stage during the news conference with Jerome H. Powell. The Fed chair went as far as saying that tariffs likely mean “further progress may be delayed” on getting inflation back to the central bank’s 2 percent target. That recognition…

Meme coins have found a special place in cryptocurrencies’ large and ever-changing realm, inspiring investors. Shiba Inu (SHIB) and Pepe Coin (PEPE) have become well-known challengers with unique communities and stories.  As of March 8, 2025, investors are closely weighing which digital assets present a more attractive investment possibility. Let’s investigate both to decide on a superior investment this March.Shiba Inu (SHIB): The meme contenderOften called the “Dogecoin killer,” Shiba Inu has created a strong community since its birth. On March 8, 2025, SHIB was trading at approximately $0.000013. As per the projections for 2025, the low and the high…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Data centre operator CoreWeave will seek to raise as much as $2.7bn in a US initial public offering that is expected to be the largest tech listing of the year, according to people close to the matter.The New Jersey-based start-up would kick off a roadshow with investors to generate interest for its shares as soon as this week, the people said. It will ask investors to pay $47 to $55 per share, selling 49mn shares at the IPO.Bankers for the company had…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Prudential suffered a slowdown in profit growth in 2024 as challenges in its core China market weighed on the life insurer. The FTSE 100 group said on Thursday morning in Hong Kong that new-business profit, a measure of expected earnings from recently sold products, rose by 11 per cent to $3.08bn in 2024, at constant currencies. While new-business profits rose, a stalling of growth in Prudential’s mainland China and Hong Kong markets meant the increase in 2024 was far smaller than the…

The Education Department is reviewing its systems after students in public schools were blocked from accessing a website set up by the Keep the Sheep campaign because it was deemed ’armful or inappropriate’.

The brother of Jose Ibarra, a 26-year-old Venezuelan illegal immigrant convicted of killing 22-year-old nursing student Laken Riley Feb. 22, 2024, while she was jogging on the University of Georgia campus, was sentenced to prison and deportation after he pleaded guilty to having a fake green card during the murder investigation. Diego “Gocho” Ibarra, 29, of Venezuela, was sentenced Wednesday to four years behind bars after pleading guilty to two counts of possession of a fraudulent document July 15, 2024. The sentence was above the federal sentencing guideline range, and he will not be eligible for parole.Riley’s killer, Jose Ibarra, lived…

As spring break takes full swing, flights and travellers are flowing in and out of Kelowna, B.C., in high numbers. Kelowna International Airport (YLW) is handling between 6,500 to 7,500 people daily, according to Sam Samaddar, the airport’s CEO. The airport is building on an already busy year, seeing a growth of about 10.5 per cent in the first two months of 2025 compared to last year, with expectations for a busy March ahead.For many, travel plans this year may look a bit different. Ongoing tensions between the U.S. and Canada have led some to stay local or avoid the…