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01.10.2024 9:16
9/30: CBS Evening News Southeast ravaged by catastrophic flooding from Helene; Spotlight on home hospice care as Jimmy Carter turns 100

01.10.2024 10:06
Qatar Airways to buy 25% of Virgin Australia from Bain Capital - Nikkei Asia SYDNEY -- Qatar Airways intends to buy 25% of carrier Virgin Australia from U.S. private equity group Bain Capital, in a move that could boost competition in Australia's concentrated aviation sector by creating a stronger rival to national carrier Qantas.The proposed acquisition, if approved by Australia's Foreign Investment Review Board and other regulators, would also see Virgin Australia resume long-haul flights, which the airline suspended after filing for bankruptcy in 2020 before being acquired by Bain.

01.10.2024 10:07
Seoul crowd crush police sent to jail for deadly failings in Itaewon disaster South Korean court hands out three jail terms, one of them suspended, to officers for professional negligence after 159 mostly young people diedA South Korean court has given three police officers prison sentences over their handling of a 2022 Halloween crush in a Seoul nightlife district that killed 159 people.The convictions on Monday are the first over the failure by authorities to prevent or adequately respond to the overcrowding that occurred in the popular Itaewon district. No top-level officials have been charged or held accountable, prompting criticism from bereaved families and opposition politicians. Continue reading... ...

01.10.2024 10:44
Meta to manufacture Quest virtual reality headsets in Vietnam - Nikkei Asia HO CHI MINH CITY -- Facebook owner Meta plans to produce virtual reality headsets in Vietnam from 2025, the two sides said after a meeting that also covered censorship and artificial intelligence. Manufacturing of the Quest 3S will create 1,000 jobs, Meta said Tuesday, marking another key electronics contract for a supply-chain hub that already makes Apple iPads and Dell laptops. The tech giant added it's helping create an AI class at a Vietnamese college.

01.10.2024 10:56
China's CHK Oil seeks to restore terminated Utah oil and gas leases - Nikkei Asia HONG KONG -- CHK Oil, a Hong Kong-listed oil and gas exploration company, said it is seeking to restore drilling rights it lost in the U.S. state of Utah years after their termination.Late Monday night, the Chinese company released its latest interim report -- one month after the deadline under listing rules. CHK said that last Thursday it "filed a request for review" of the order it received from the U.S. Department of the Interior's Bureau of Land Management (BLM) in late 2022, which declared the termination of three of four oil and gas field leases held by CHK subsidiary Shiny One USA.

01.10.2024 11:38
Japan big manufacturer sentiment in September flat at 13: BOJ Tankan The business confidence index for major Japanese manufacturers in September remained unchanged from three months earlier at 13, the Bank of Japan's Tankan survey showed Tuesday, reflecting increased demand for semiconductors, while automakers grappled with weak overseas sales. The index for large nonmanufacturers, including the service sector, rose to 34 from 33, the first improvement in two quarters, as retailers saw favorable sales of clothing and air conditioners amid unusual summer heat. Read full story here

01.10.2024 12:17
Decade-low tariff to boost Indian gold consumption in festive season - Nikkei Asia NEW DELHI -- Boosted by a decade-low tariff, India's consumption of gold is expected to achieve robust growth this year as the festive and wedding seasons are just around the corner.Festival and wedding seasons in the South Asian nation kick off on Thursday, with the biggest Hindu festival of Diwali falling on Nov. 1. During this period, which is considered auspicious, people rush to buy gold as the metal represents luck, and they also tend to keep it for rainy days. On top of seasonal festivities, gold is bought for gifting to a bride, family and friends when there is a wedding in an Indian household.