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Stocks and oil drop as dollar gains on recession, Ukraine fears
Equities and crude prices fell, while the dollar held at multi-year highs Wednesday as recession fears mount, while traders are also growing increasingly concerned about tensions with Russia after it declared victory in controversial Ukraine annexation polls.
Pie from the sky: drone delivery lands in America
The little aircraft appeared out of the blue sky above a Texas home, deposited its payload of a mid-morning snack in the yard and zoomed off, as deliveries by drone start becoming a reality in America. When an Amazon delivery drone crashed during a test last year and started a brush fire, it was another setback for the company's stumbling drone ambitions.
Typhoon Noru makes landfall in Vietnam
Typhoon Noru barrelled into Vietnam's central coast early Wednesday, the national forecaster said, bringing powerful winds and heavy rain as hundreds of thousands of people took refuge in shelters. More than 200,000 people in Vietnam had taken refuge in shelters overnight, after forecasters predicted the storm would be one of the biggest to hit the Southeast Asian nation.
Elon Musk and Twitter dig for evidence as trial looms
Twitter and Elon Musk sparred in court on Tuesday, each digging for evidence to prevail in a high-stakes trial next month over the billionaire's bid to break his buyout deal. Twitter, which has sued Musk to force him to complete the $44 billion buyout deal, seeks material or testimony to prove he is contriving excuses to walk away because he changed his mind.
US fines 16 Wall Street firms $1.1 bn for lax recordkeeping
US regulators fined 16 Wall Street firms a total of $1.1 billion over failures to keep electronic records such as text messages between employees, the Securities and Exchange Commission announced Tuesday. An SEC press release faulted the companies over "longstanding failures" to maintain and preserve electronic communications that must be available to regulators in the course of oversight.
UN 'committed' to Ukraine 'integrity' within 'recognized' borders
The UN reaffirmed its commitment to Ukraine's "territorial integrity" on Tuesday, as pro-Moscow authorities in several parts of the war-torn nation began claiming victory in annexation votes condemned internationally as a sham.
Brazilian stars add sparkle to election campaign
In bright-red, body-hugging tights with a Workers' Party logo on the rear, Brazilian pop star Anitta seductively caresses a dance pole and urges her 60 million Instagram followers to vote for Luiz Inacio Lula da Silva.
Ex-Nigeria and Chelsea star John Obi Mikel retires
Former Nigeria and Chelsea midfielder John Obi Mikel announced his retirement after a long and decorated career on Tuesday, saying "all good things must come to an end". In his retirement post Mikel wrote: "There is a saying that 'all good things must come to an end', and for my professional football career, that day is today."
Saudi Arabia's crown prince named prime minister
Saudi Arabia's powerful crown prince, Mohammed bin Salman, has been named prime minister, a post traditionally held by the king, in a government shuffle announced Tuesday. Prince Mohammed, who has already been the kingdom's de facto ruler for several years, previously served as deputy prime minister under King Salman as well as defence minister.
AFP
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