Author: Press Room

Standard Chartered on Tuesday announced it would cut more than 15% of its corporate functions roles by 2030, while setting higher medium-term profitability targets.The workforce reduction is part of the lender’s efforts to raise income per employee by around 20% by 2028, StanChart said. According to its 2025 annual report, corporate function roles include employees in human resources, corporate affairs and supply chain management. Of its roughly 82,000 employees, about 52,000 work in support roles, while the remainder are classified as part of its business workforce.The lender also aimed for a 15% return on tangible equity in 2028, up more than three percentage…

In a savvy move, Corazon Mining has locked in a deal to snap up 100 per cent ownership of the high-grade Chalice gold project, 50 kilometres northwest of Norseman, from Westgold Resources.The transformational acquisition hands the company an established, high-grade gold system sitting on a single granted mining lease within Western Australia’s infrastructure-rich Higginsville district.In a big show of support, major gold producer Westgold will emerge with a 19.9 per cent strategic stake in Corazon upon completion, potentially forging a powerful foundation for a long-term operational partnership between the two companies.The new deal is funded by A$8M in cash up…

The minister added that about 30 per cent of the combat ship project components were locally sourced and expressed hope that the percentage could be increased in future naval projects.”This has always been our goal, and this incident involving Norway will push us to further strengthen our focus on ensuring we are not overly dependent on foreign countries,” said Khaled.“In addition, the government must be more cautious in procurement dealings with other countries that could potentially take similar action against Malaysia.” Khaled reportedly said he hoped that members of the Association of Southeast Asian Nations (ASEAN) regional bloc that are not close allies…

Beirut, Lebanon – On May 9, Lebanon’s Prime Minister Nawaf Salam made his second official visit to the Syrian capital Damascus since the fall of the al-Assad regime in 2024. The trip came as both Lebanon and Syria suffer ongoing Israeli attacks and occupation of their territories.It also marks the continuation of a ‘new framework’ for relations between the two countries, analysts told Al Jazeera. That followed years of Syria exerting its political and security influence over Lebanon, and the Lebanese group Hezbollah’s military support for President Bashar al-Assad during Syria’s civil war.Recommended Stories list of 3 itemsend of list“Damascus…

Pete Hegseth hit the campaign trail Monday, an unusual move for a defense secretary, stumping in Kentucky for Ed Gallrein, a Trump-backed challenger to Republican congressman and frequent Trump critic Thomas Massie. Ed O’Keefe has more.

NEWYou can now listen to Fox News articles! U.S. Attorney for the District of Columbia Jeanine Pirro vowed that her office is coming after juveniles who wreak havoc in the nation’s capital, along with their parents, after yet another violent brawl in the city’s Navy Yard, this time at a Chipotle restaurant.”These are not harmless gatherings. They are violent and they are disruptive. And you can see from what happened at Chipotle this past weekend, it was not just violence occurring between individuals. It was simply destruction of property. It was a takeover of a restaurant by individuals who felt…

A pharmacy dispensed a mislabelled pill organising pack for an elderly, vision-impaired man, who later died from a drug overdose, a coroner has bee told.

Cyber police took “swift and coordinated action”, the report said, adding that members of the public were encouraged to “consciously resist vulgar and violent content and promptly report illegal activity”.“Streamers who chase attention through vulgarity and violence will face legal consequences,” read a statement released by China’s Ministry of Public Security, adding that social media platforms were required to “strengthen content censorship and adopt a zero‑tolerance policy toward rule‑violating accounts”.“The public is encouraged to consciously resist vulgar and violent content and promptly report illegal activity to jointly safeguard a healthy online ecosystem,” the ministry said.“SPECTACLE” OR FUELLING VIOLENCE?China has been…

NEWYou can now listen to Fox News articles! The Oklahoma City Thunder came into Game 1 of the Western Conference Finals having not lost an NBA Playoffs game since Game 6 of the NBA Finals last year.But they hadn’t faced Victor Wembanyama and the San Antonio Spurs yet, and the 7-foot-4 big man finished with a remarkable stat line — 41 points,  24 rebounds , three blocks and 12 made free throws — in a thrilling, double-overtime victory, 122-115, over the Thunder to set the tone for this series. FOX Sports listed Wembanyama with 41 points and 24 rebounds, and…

Published On 19 May 202619 May 2026Victor Wembanyama outduelled Shai Gilgeous-Alexander to lead the San Antonio Spurs to an epic 122-115 double-overtime triumph over the Oklahoma City Thunder in game one of the NBA Western Conference finals.Wembanyama scored 41 points and pulled down 24 rebounds in the thrilling game on Monday. He forced the second overtime with a dazzling three-pointer and delivered nine of the Spurs’ 14 points in the second overtime as San Antonio handed the defending champions their first defeat of these playoffs.“It was, like, sheer willpower,” 22-year-old Wembanyama told broadcaster NBC after the game.The French star played…