Feed Posts

Danish retail billionaire loses 3 children in Sri Lanka attacks

Danish retail billionaire Anders Holch Povlsen lost three children in the attacks in Sri Lanka on Sunday, according to a spokesperson for his company. Povlsen is the owner of Bestseller, a Danish clothing company, as well as the biggest shareholder in online retailer Asos. “We can confirm that Anders lost three children in the attack,”…MORE

Carlos Ghosn is charged for the fourth time

Carlos Ghosn has been indicted on fresh charges of breach of trust. The Tokyo Prosecutors’ Office said Ghosn is suspected of funneling $5 million of Nissan’s money to a car dealership he controlled. The new indictment is the fourth set of formal charges made by Japanese prosecutors against the former chairman of Nissan and Renault.…MORE

PSG crowned Ligue 1 champions as club pays tribute to Notre Dame

Paris Saint-Germain paid tribute to Notre Dame Cathedral as the club was crowned champion of Ligue 1 for the sixth time in seven seasons. Players wore shirts with an outline of the cathedral in place of the regular sponsor and their names were replaced by ‘Notre Dame,’ while fans held a banner aloft before kick-off.…MORE

Sri Lanka’s economy is fragile, and it depends on tourism

A series of deadly attacks could deal a body blow to one of Asia’s fragile economies. Bombs ripped through churches and luxury hotels in Sri Lanka on Easter Sunday, killing at least 290 people and injuring hundreds. Targets included the upmarket Shangri-La hotel in the capital, Colombo. A number of those killed in the eight…MORE

Rep. Seth Moulton enters 2020 race

Massachusetts Rep. Seth Moulton is the latest Democrat to enter the 2020 presidential race, launching a longshot bid Monday that would make the 40-year-old Marine Corps veteran the youngest president in American history. In a campaign video, the Democrat touted his military service and time in Congress and explained why he believes he should be…MORE

Huawei sales; Iran sanctions; Tesla trouble

1. Huawei sales: Chinese tech giant Huawei reported Monday that its sales jumped 39% to 179.7 billion yuan ($26.8 billion) in the first quarter. The private company did not reveal its profits, but it did say that its net profit margin had increased slightly to 8%. Huawei sells more telecommunications equipment than any other company…MORE

Tesla investigates after car appears to explode in China

Tesla is investigating after one of its vehicles appeared to explode in China. A short video of surveillance footage posted on Chinese social media site Weibo showed white smoke emerging from what looks like a white Tesla car parked at a lot in Shanghai. After a few seconds, the electric vehicle bursts into flames and…MORE