Author: News Desk

Tesla founder Elon Musk is moving forward with his original offer of buying Twitter for the price of $54.20 a share, a filing with the US Securities and Exchange Commission on Tuesday showed. The proposed deal, first reported by Bloomberg News, matches the original offer price Mr Musk made to the San Francisco-based microblogging platform in April. “We received the letter from the Musk parties which they have filed with the SEC. The intention of the company is to close the transaction,” a statement from Twitter issued on Tuesday afternoon read. TNN

London : Prince William delivered his first speech as heir to the British throne at a wildlife protection summit Tuesday, signaling that the royal family will continue to champion environmental causes as King Charles III is forced to step back from front-line campaigning. William delivered the keynote speech at the United for Wildlife global summit in London, addressing some 300 representatives of law enforcement agencies, conservation groups and corporations that are working to combat the trade in illegal wildlife products, which is estimated at $20 billion annually. The prince and his Royal Foundation created United for Wildlife in 2014 to protect…

Stockholm : This year’s Nobel Prize in physiology or medicine has been awarded to Swedish scientist Svante Paabo for his discoveries on human evolution. Thomas Perlmann, secretary of the Nobel Committee, announced the winner Monday at the Karolinska Institute in Stockholm, Sweden. Paabo has spearheaded research comparing the genome of modern humans and our closest extinct relatives, the Neanderthals and Denisovans, showing that there was mixing between the species. The medicine prize kicked off a week of Nobel Prize announcements. It continues Tuesday with the physics prize, with chemistry on Wednesday and literature on Thursday. The 2022 Nobel Peace Prize…

India’s T20 World Cup campaign suffered a body blow on Monday after pace spearhead Jasprit Bumrah was ruled out of the tournament with a back injury. India had already lost star all-rounder Ravindra Jadeja – to a knee injury – for the tournament that starts in Australia on October 16. And now the absence of their best white-ball bowler has stunted an already weak bowling attack. “The BCCI Medical team has ruled out Team India fast bowler Jasprit Bumrah from the ICC Men’s T20 World Cup squad. The decision was taken following a detailed assessment and in consultation with the specialists,”…

Port-Au-Prince : Haiti on Sunday said at least seven people have died of cholera in a surprise return of the disease. The disease killed some 10,000 people through a 2010 outbreak that has been blamed on a United Nations peacekeeping force. The Pan American Health Organization in 2020 said Haiti had gone a year with no confirmed cholera cases. “According to the information we have, the number of deaths is about 7 to 8,” said Health Ministry General Director Laure Adrien during a press conference, adding that officials were struggling to get information from hospitals. “There was one death during…

Bahrain : The Higher Court of Appeal issued today its verdict in the violations case of the Future Bank (FB) and ruled unanimously to convict six officials from the bank and a number of legal persons for money laundering. The case included the Future Bank, the Central Bank of Iran (CBI) and a number of Iranian banks, Chancellor Wael Boallay, Senior Advocate General and Deputy Attorney General, has stated. The Higher Court of Appeal handed down imprisonment sentences to the FB officials ranging from five to ten years and fined each BD 1 million for each of the 166 money…

Riyadh : Minister of Finance and National Economy, Shaikh Salman bin Khalifa Al Khalifa, chaired Bahrain’s delegation at the 117th meeting of the GCC Financial and Economic Cooperation Committee, and the joint meeting of the Ministers of Finance and Governors of the Central Banks in the GCC countries with the Director General of the International Monetary Fund. The meeting is being held in Riyadh, the Kingdom of Saudi Arabia, with the participation of the GCC Secretary General. During the 117th meeting of the Financial and Economic Cooperation Committee, discussions focused on ways of boosting joint cooperation and reviewed issues on the…

Seoul :  Antitrust regulators in the United States and Britain may decide next month whether to approve a deal by South Korea’s largest carrier Korean Air Lines Co. to buy its smaller rival Asiana Airlines Inc., industry sources said Sunday. Currently, antitrust regulators of five nations, including the European Union, China and Japan, are reviewing Korean Air’s combination with Asiana. The company has received approval from nine other countries, including South Korea. Seoul’s regulator gave conditional approval to the deal in February. Korean Air is in talks with foreign airlines and local low budget carriers to find alternative carriers that…

New Delhi :  Indian Prime Minister Narendra Modi launched 5G services in India on Saturday, calling it a step towards the new era. The launch in select cities will cover the entire country over the next couple of years, a government statement said, Modi launched the much-awaited services that aim to provide seamless coverage, high data rate, less delay in internet connectivity and highly reliable communications in presence of India’s telecom leaders. “This event will be etched in history,” Modi said at the launch. “It was a step towards the new era in the country and the beginning of infinite…

Bahrain : Labour Minister, Jamil bin Mohammed Ali Humaidan, the Chairman of the Occupational Safety and Health Council, inaugurated today the fourth Foulath Conference on health, environment and occupational safety, which is organized by Foulath Group under his patronage from October 2 to 4. Themed “Healthy and Safe Lifestyle”, the event is being organized by Foulath Group at its premises in Salman Industrial City, in Hidd, in the presence of its Executive Director Dilip George and the participation of workers from the government sectors, social partners, experts and speakers from Bahrain and beyond. The conference aims to review the best…