Author: Gulf News Week
Getty ImagesParamount Skydance’s $111bn (£828mn) acquisition of Warner Bros Discovery has been approved by the US Department of Justice.The approval marks a key development in the merger that will reshape media, allowing a takeover of the Hollywood studio, which owns CNN and HBO, to continue.The sale has been filled with contention, from Paramount’s battle with Netflix over the company to scrutiny over industry consolidation and worries about politics. David Ellison, the leader of Paramount, is the son of Larry Ellison, a major donor to President Donald Trump.But it’s not a done deal yet, as states like California are reviewing the…
Getty ImagesFinnish authorities are investigating an agency which had offered to help some 350 Burmese students enrol in vocational schools across FinlandWhen *Ma Naw Phaw was given the chance to go to a vocational school in Finland, she took it immediately. “It didn’t matter what I studied,” the 19-year-old says. “I just knew I needed a degree to find a good job and earn a decent salary to support my family.”She had been living as a refugee in Mae Sot, a Thai border town, after fleeing the devastating war in Myanmar. Ma Naw Phaw had just started secondary school when…
Watch: David Beckham receives star on the Hollywood Walk of FameThe former footballer was joined by his wife Victoria Beckham and their children, as well as actor Tom Cruise.2 hrs ago
ReutersElon Musk on Friday became the world’s first trillionaire after shares in his SpaceX rocket company soared during the biggest-ever stock market debut.The Tesla and SpaceX founder comfortably cemented his status as the world’s richest man, with his total net worth standing at $1.11tn (£828bn) according to the Bloomberg rich list.It came as the rocket, telecommunications and artificial intelligence (AI) company listed on the Nasdaq stock exchange with a value of $2.2tn.The company said its shares would be offered at $135 each, but trading opened at $150 and briefly reached $176.50 in a show of investor enthusiasm for potential business…
LIVECo-hosts Canada face Bosnia-Herzegovina in their opening game at World CupCo-hosts Canada face Bosnia-Herzegovina at Toronto Stadium.
EPAAn 11-year-old girl called Lyhanna, murdered two weeks ago in south-western France, has been buried amid persistent public anger at failings that left her suspected killer at large.Fellow residents joined the girl’s family for a funeral ceremony before she was interred in the cemetery of the small town of Fleurance, 50km (30 miles) west of Toulouse.Mayors across the broader Gers region called on people to gather in support of the family outside town halls, where flags were flown at half-mast.Lyhanna’s murder provoked a wave of revulsion across France after it emerged prime suspect Jérôme Barella, 41, was denounced nine months…
LIVEElon Musk becomes world’s first trillionaire as SpaceX shares soar on stock market debutThe company’s shares started trading at $150 each (£112) shortly before noon eastern time, above the company’s estimated listing price of $135.
City of MidlandMidland officials spoke briefly at a press conferenceAt least one person is dead and nine were in hospital following a shooting in Texas, officials said on Friday.Police were initially in a “standoff” with the gunman but said the suspect was deceased as of early afternoon on Friday local time in Midland, a town in west Texas some 330 miles (530km) west of Dallas.There are 11 known victims, including the deceased, local officials said during a press conference. Midland Memorial Hospital said it received nine victims, and four are currently undergoing surgery. Another person was taken to Odessa Medical…
Spanish National PoliceFormer Spanish Prime Minister José Luis Rodríguez Zapatero is facing a new investigation following the discovery of luxury watches and jewellery in his safe.Zapatero, a Socialist who governed from 2004 to 2011 and who remains influential in the ruling party, had already been facing a probe into alleged influence peddling relating to his role in the 2021 government bailout of Spanish airline Plus Ultra. That inquiry prompted authorities to raid his office last month, where Spanish media reported they discovered necklaces, bracelets, rings and earrings valued at €1.2m (£1.02m).Zapatero’s spokesman, Luis Arroyo, said “he will provide explanations before…
EPAThe crash killed all but one person on board, and 19 more people on the groundInvestigators looking into the cause of the Air India crash that killed 250 people say they are not yet ready to release their final report. India’s Aircraft Accident Investigation Bureau (AAIB) released an update on Friday, the first anniversary of the disaster, saying “significant progress” had been made in the analysis of evidence relating to the crash but that this was ongoing.It gave few other details, including when the final report might be released.The exact cause of the Boeing 787 Dreamliner crash shortly after taking…