Russia’s armed forces have taken control of the entire Luhansk region of Ukraine, the Russian Defense Ministry claimed Wednesday, but a Kyiv military official denied the claim as Ukrainian President Volodymyr Zelenskyy prepared for talks with U.S. envoys trying to mediate an end to Moscow’s invasion. “Units of the Group of Forces West have completed…
Staff at the property management company at Hong Kong’s inferno-ravaged Wang Fuk Court housing estate acted with disregard for legal requirements, taking such actions as deactivating the fire safety system despite knowing they needed a registered contractor to do so, an evidential hearing has been told. Victor Dawes, lead counsel for an independent committee investigating…
Share prices of Tesla (NASDAQ: TSLA) are up roughly 21% in five days since it was reported that second-quarter vehicle deliveries beat Wall Street’s expectations. However, the electric vehicle (EV) manufacturer’s longer-term downward trend remains in effect as it grapples with high interest rates, competition, and other macroeconomic factors. Could the second-quarter deliveries indicate a…
“Do governments have to do more? Absolutely,…without question. There is a gap between ambition and policies that’s large. It needs to close.” – Mark Carney, United Nations Climate Action & Financial Special Envoy. Now-Prime Minister Mark Carney spoke those words in 2021, commenting on news that the six largest Canadian banks had joined the Net-Zero Banking Alliance (NZBA)…
Today at the New York International Auto Show, Subaru announced its first three-row electric SUV: the Getaway. Like Subaru’s other EVs, the Getaway is based on Toyota’s e-TNGA platform and it shares many features and specs with the 2027 Highlander EV. Initially, all models will come with the company’s Symmetrical all-wheel drive system, 420 horsepower…
Iran on Wednesday rejected statements made by United States President Donald Trump regarding a ceasefire. Trump said he had replied that he would consider a ceasefire if the Strait of Hormuz was “open, free and clear.” (AFP) Iran’s foreign ministry spokesperson said Trump’s remarks claiming Tehran requested for a ceasefire were “false and baseless”, Reuters…
Four of 15 Hong Kong public primary schools at risk of closure due to insufficient enrolment plan to shut down, while nine are seeking to merge with other institutions, the Education Bureau has said. One intended to run Primary One classes privately from the coming school year, it said. The bureau said four schools would…
A significant shift can also be observed in the sectors that have dominated global markets. Of the U.S. listed companies in 1900, nearly 80% of their value was concentrated in sectors that are now small or have disappeared, such as railroads, textiles, iron, coal, and steel. Meanwhile, 70% of today’s U.S. companies come from sectors…
For the third time running, Italy — a former superpower of world football — won’t be going to the World Cup. On Tuesday evening, the four-time world champions were dumped out on penalties by Bosnia-Herzegovina in their crucial qualifier. In many ways, this elimination was hardly even surprising: last year, in the group qualifying stages,…
Hong Kong’s security minister has revealed that authorities are reviewing fire safety laws to expand enforcement powers and toughen penalties as part of a broader crackdown on illegal fuel sales in the city amid surging global oil prices. Secretary for Security Chris Tang Ping-keung said on Wednesday the government’s review included possible penalty increases, expanding…