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Author: Reuters

NZ begins inquiry into Christchurch’s massacre

WELLINGTON: An inquiry into Christchurch’s mosques shooting massacre began hearing evidence yesterday, as New Zealand Prime Minister Jacinda Ardern prepared to co-host a meeting in France that seeks global support to tackle online violence. A lone gunman killed 51 people at two mosques in Christchurch on March 15 while livestreaming

N. Korea’s Kim orders stronger strike power

SEOUL: The leader of North Korea ordered its military to boost its strike capability as he directed another missile firing, state media said yesterday, as tensions grew over tests that appeared to show preparations for a new advanced missile system. News of the call for “full combat posture” by Kim

Indonesia election tainted, opposition marchers say

JAKARTA: Hundreds of supporters of an opposition presidential candidate marched in Indonesia yesterday to protest against what they called election fraud, as the government warned that efforts to cast doubt on the outcome could amount to treason. The protesters, spurred by unofficial results of last month’s election showing that Prabowo

NZ family scores ‘royal flush’ thanks to baby Archie: Report3

WELLINGTON: All four children in a New Zealand family have Royal namesakes after Britain’s Prince Harry and his wife Meghan named their newborn son Archie earlier this week, it was reported yesterday. “It’s a royal flush – what are the chances?” Jo Stafford, who lives in Otago in the south-eastern

Sticker shock from Trump’s new trade tariffs months away

NEW YORK: It may take three or four months for American shoppers to feel the pinch from President Donald Trump’s latest round of tariff increases, but retailers will have little choice but to raise prices on a wide range of goods to cover the rising cost of imports before too

AB InBev files for IPO of Asia business to raise $5b

HONG KONG: The world’s biggest brewer, Anheuser-Busch InBev, filed plans yesterday to spin off its Asian business via a Hong Kong initial public offering, in a deal which two sources with knowledge of the matter said could be worth at least $5 billion. The move comes as the Belgium-based giant

Uber valued at $82 bln in IPO as market jitters, Lyft woes weigh

NEW YORK: Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a valuation of $82.4 billion, hoping its conservative approach will spare it the trading plunge suffered by rival Lyft Inc. It is an underwhelming result for the most anticipated

Australia faces an election under heavy profiling

SYDNEY / SAN FRANCISCO: Australian political parties are using voter email addresses to find matching social media profiles then combining them with the country’s compulsory electoral roll data, illustrating how privacy scandals have done little to slow the march of data-driven campaigning. While the use of data and public profiles

Berkshire discloses enough about itself: Warren Buffett

OMAHA, Nebraska: Warren Buffett on Saturday rejected a frequent criticism that his Berkshire Hathaway Inc does not disclose enough about its more than 90, often large operating businesses or its common stock investments. Buffett defended Berk-shire’s disclosures in responding to three questions at Berkshire’s annual shareholder meeting in Omaha, Nebraska.