Author: Press Room

Four out of every five Aussie workers are overwhelmed by changes at work but most executives want to use artificial intelligence to create bigger transitions.

MANILA: A Philippine FA-50 fighter jet and its two-man crew went missing during an overnight operation flying from a base near the central city of Cebu, air force officials said on Tuesday (Mar 4). The jet lost contact with other fighters on the flight “minutes before reaching its target area”, the Philippine Air Force (PAF) said in a statement. Air Force spokeswoman Colonel Consuelo Castillo told reporters it was the “first major incident involving” its squadron of FA-50S, which have previously been used in exercises over the disputed South China Sea. The Philippines has a dozen of the fighters purchased from…

The Muslim holy month of Ramadan has begun. Over the next month, Muslims observing the fast will refrain from eating and drinking from dawn to dusk to achieve greater “taqwa”, or consciousness of God. In this visual explainer, we answer 10 common questions about Ramadan to help you better understand its significance and practices. 1. When is Ramadan this year? Ramadan begins with the sighting of the crescent moon. This year, fasting started on March 1 in many countries, including across the Middle East, Australia, Indonesia, Nigeria and the Americas. Some other nations, such as Bangladesh, India, Malaysia, Pakistan and…

New York City officials are making it easier for illegal aliens to acquire a city residency ID card, in turn making it easier for them to obtain housing and free healthcare, according to reports.City Council members passed a change backed by Mayor Eric Adams that opens up 23 additional types of IDs that immigrants can provide to obtain a New York City residency card.The New York Post reported that some of the examples of identification that immigrants can provide include an expired driver’s license; documents from U.S. Immigration and Customs Enforcement (ICE) or the Federal Bureau of Prisons; and about…

A former Bronx, New York daycare owner has been sentenced to 45 years in prison after a toddler died in her care from ingesting fentanyl in September 2023.The United States Attorney for the Southern District of New York announced on Monday that Grei Mendez pleaded guilty in October to charges including conspiracy to distribute narcotics resulting in death.The charges stem from the death of 22-month-old Nicholas Dominici, who was exposed to fentanyl at the daycare.Three other children also suffered serious injuries and had to be hospitalized after authorities found two 2-year-old boys and an 8-month-old girl, who were unresponsive, in…

Next-generation 911 service — which would allow Canadians to send texts or video to summon help — won’t be implemented for another two years. The Canadian Radio-television and Telecommunications Commission (CRTC) had set Tuesday as the date for transitioning to next-generation 911. The telecom regulator now says it has moved that deadline to March 2027.In a Friday decision, the CRTC acknowledged the delay means “Canadians will have to wait longer for the enhancements” the new systems will bring.In its initial 2017 decision on modernizing 911 networks, the CRTC said that next-generation 911 service would allow Canadians to “stream video from…

Senate Democrats faced backlash on Monday after the Protection of Women and Girls in Sports Act failed to garner the votes it needed to break the filibuster.Republicans needed 60 votes but only received 51. No Democrats sided with Republicans on the bill. Two Democrats were absent from the vote, as were two Republicans. The bill failed, 51-45. President Donald Trump signs an executive order barring biological male transgender athletes from competing in women’s or girls’ sporting events on Feb. 5, 2025. (AP Photo/Alex Brandon)The Protection of Women and Girls in Sports Act would require Title IX to treat gender as “recognized based…

Sweeping tariffs on imports from Canada, Mexico and China went into effect just after midnight on Tuesday, raising U.S. tariffs to levels not seen in decades and rattling foreign governments and businesses that depend on international trade.As of 12:01 a.m. Tuesday, the Trump administration added a 25 percent tariff on all imports from Canada and Mexico. The administration also added another 10 percent tariff on all imports from China. That comes on top of a 10 percent tariff on Chinese goods put into effect just one month ago and a variety of older levies, including those that remain from the…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Donald Trump has imposed a swath of tariffs on Canada, Mexico and China, sparking an immediate retaliation from Beijing and sending stocks lower as fear mount over a global trade war.A 25 per cent tariff on imports from Canada and Mexico went into effect on Tuesday alongside an additional 10 per cent levy on Chinese imports.The tariffs on China come on top of a previous 10 per cent levy that Trump imposed on Chinese imports last month.The US president has said the…

Latest news on ETFsVisit our ETF Hub to find out more and to explore our in-depth data and comparison toolsIndustry figures have welcomed ambitious plans by Euronext, the stock exchange group, to consolidate the thousands of exchange traded product listings scattered across its seven bourses on to one venue.However, some are sceptical about whether Euronext can achieve its aim — particularly by the end of the September, which is believed to be its target — given the political sensitivities around the health of national stock exchanges.Euronext has more than 3,300 ETP listings spread across the Milan, Amsterdam, Paris, Oslo, Brussels,…