DIRS.INFO The most relevant business & tech news

☆ Chinese warplane fired flares, put Australian Navy helicopter in danger, Canberra says
▼ + stars: | 2024-05-06 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

The Chinese jet “dropped flares about 300 meters (984 feet) in front of the Seahawk helicopter and about 60 meters (197 feet) above it,” Marles said in an interview with 9 News on Monday. The MH-60 Seahawk is a twin-engine helicopter and carries a crew of three, according to the Australian Navy. “They’re in international waters, international airspace, and they’re doing work to ensure that the sanctions that the world has imposed through the United Nations on North Korea, due to their intransient and reckless behavior, are enforced,” the prime minister told CNN affiliate Nine News. According to Australian public broadcaster ABC, Australian Navy Vice Adm. Mark Hammond raised the Toowoomba incident in a meeting with Chinese navy Adm. Hu Zhongming at an international naval symposium in Qingdao. Earlier in 2022, Australia said a Chinese warship used a laser to “illuminate” an Australian P-8A aircraft in waters north of Australia.

Persons: Anthony Albanese, Richard Marles, ” Marles, Albanese, “, ” Albanese, “ We’ve, ”, Maj, Rob Millen, Peter Dutton, Xi Jinping, ” Dutton, Mark Hammond, Hu Zhongming, Hammond Organizations: South Korea CNN —, Seahawk, Nations, Defense Ministry, Australian Defense, Australian Navy, United Nations, North, Australian Defense Ministry, CNN, Nine, Royal Canadian Navy, Australian Defence Force, Nine News, Australian, ABC, ” ABC, Pilots Locations: Seoul, South Korea, South Korea CNN — Australia, North Korea, Canberra, Beijing, China, Canadian, South, Ottawa, Australia, Philippines, Japan, United States, Chinese, Toowoomba, Qingdao, “, South China Sea, ”, Australian

☆ What’s next for Zee shares? Here’s what Wall Street analysts are saying after Sony merger was called off
▼ + stars: | 2024-01-23 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Shares of the Indian media house fell 34% on Tuesday, while investors shrugged off the impact on the $124 billion Japanese media and technology giant Sony. ZEEL-IN 1Y mountain What are analysts saying about Zee shares, moving forward? Citi sharply slashed its price target on Zee's stock from 340 Indian rupees to 180 Indian rupees. Zee has not stated whether it will pursue the merger while the litigation with Sony could hinder improvements in operations or explore a merger with other players," the analysts added. Similarly, Elara analysts added, "Possibility of any other strategic/financial partner buying majority stake in Zee could provide respite to valuation multiples."

Persons: Motilal Oswal, Zee, Motilal, Aliasgar Shakir, Karan Taurani, Pulkit Chawla, Emkay, Zee's, Punit Goenka, Chawla Organizations: Zee Entertainment, Sony, Zee, Citi, Wall, Reliance, Disney Star India, Motilal Oswal, Star, Disney, Netflix, Amazon Prime, Reliance Industries, Media, Elara, RIL, Zee Management, Quintillion Business Media, Bloomberg News, NDTV Locations: India, Zee

☆ Mass visa cancellations at Saudi airport puts relations with Nigeria in spotlight
▼ + stars: | 2023-11-16 | by ( Nimi Princewill | ) edition.cnn.com time to read: +5 min

Abuja, Nigeria CNN —Diplomatic relations between Saudi Arabia and Nigeria have come under scrutiny after 177 Nigerians were refused entry to the country on Monday. The mass cancellation of visas occurred as Nigera’s President Bola Tinubu was still in Saudi Arabia after holding bilateral talks with the Saudi government. “There was a total lack of sensitivity (by Saudi officials) because the president (of Nigeria) was visiting that country,” Okhai said. Saudi Arabia is a popular pilgrimage destination for thousands of Nigerian Muslims. However, Monday’s deportation of Nigerian nationals is not the first time travelers have been refused entry to Saudi Arabia.

Persons: Bola Tinubu, It’s, ”, ” Victor Okhai, ” Okhai, Reno Omokiri, ” Omokri, Mohamed bin Zayed Al Nahyan Organizations: Nigeria CNN —, Air, country’s Ministry, Hajj, Saudi, Jeddah …, Africa Summit, Guinea Bissau, African Diaspora Foundation, CNN, United Arab Emirates, UAE, reoccurrence Locations: Abuja, Nigeria, Saudi Arabia, Jeddah, Mecca, Saudi, Guinea, Independence, Kingdom of Saudi Arabia

OTTAWA, Nov 2 (Reuters) - The Canada Energy Regulator (CER) on Thursday ordered the Trans Mountain oil pipeline expansion project to stop work in a wetland area near Abbotsford, British Columbia, after inspectors found several environmental and safety-related non-compliances. Trans Mountain Corp, the Canadian government-owned corporation building the expansion project, said the order applies to a specific work area of about 800 metres. Work on the oil pipeline expansion project is more than 95% complete, Trans Mountain said. Prime Minister Justin Trudeau's Liberal government bought the pipeline in 2018 to ensure the expansion project went ahead. In 2021, Trans Mountain was ordered to stop work for four months to protect hummingbird nests along a one-kilometer section of its route.

Persons: Justin Trudeau's, Ismail Shakil, Nia Williams, Leslie Adler, Diane Craft, Aurora Ellis Organizations: OTTAWA, Canada Energy Regulator, Canadian, Trans Mountain Corp, U.S ., Justin Trudeau's Liberal, Thomson Locations: Abbotsford, British Columbia, Alberta, Coast, Asia, U.S . West Coast, Trans

Cincinnati might be where Hamlin nearly died after going into cardiac arrest before being resuscitated on the field on Jan. 2. “I’m super thrilled. I’m super excited. It’s unlikely Hamlin — who missed practice Wednesday due to an illness — will suit up Sunday. I mean, we experienced it, but as long as he’s good, I’m good.”Safety Micah Hyde said Hamlin has motivated the entire team.

Persons: Damar Hamlin, Hamlin, —, “, ” Hamlin, “ I’m, ”, “ That’s, Hamlin —, He’s, Dane Jackson, Micah Hyde, ” Hyde, Buffalo’s, Hamlin’s, commotio, I’m, Abbott, trepidation, he’s, haven’t, I’ve, Josh Allen, Allen, Rasul Douglas, Brandon Beane, Kaiir Elam, ___ Organizations: Buffalo Bills, Bengals, Associated Press, Bills, Cincinnati, Pittsburgh, Tampa Bay Locations: ORCHARD, Cincinnati, Pittsburgh, Buffalo, Green

ORCHARD PARK, N.Y. (AP) — Bills safety Damar Hamlin is active against the Miami Dolphins on Sunday, and set to appear in his first regular season game since having a near-death experience on the field at Cincinnati in early January. Hamlin was a healthy scratch through the Bills first three games this season, and gets the nod with starting safety Jordan Poyer sidelined by a knee injury. Hamlin was starting in place of Hyde when he went into cardiac arrest after making what appeared to be a routine tackle in the first quarter against the Bengals. Political Cartoons View All 1190 ImagesHis heart stopped as a result of commotio cordis, which happens when a direct blow at a specific point in a heartbeat causes cardiac arrest. Doctors have assured Hamlin he can resume playing without any fear of setbacks or reoccurrence.

Persons: Damar Hamlin, Hamlin, Jordan Poyer, Taylor Rapp, Micah Hyde, what’s, Hyde, commotio Organizations: — Bills, Miami Dolphins, Cincinnati, Bills, Dolphins, Bengals, AP NFL Locations: ORCHARD

☆ FAA orders Musk's SpaceX to take 63 corrective actions on Starship, keeps rocket grounded
▼ + stars: | 2023-09-08 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

The Federal Aviation Administration said Wednesday that SpaceX is not yet clear for another test flight of its Starship Super Heavy launch vehicle. The Federal Aviation Administration on Friday said Elon Musk's SpaceX must keep its Starship Super Heavy rocket grounded, saying the company needs to take 63 corrective actions before it is cleared for another test flight. The FAA has now wrapped its probe into the April launch, which saw the rocket explode mid-flight. In an emailed statement, the agency said a final report "cites multiple root causes of the April 20, 2023, mishap and 63 corrective actions SpaceX must take to prevent mishap reoccurrence." The FAA oversaw the SpaceX mishap investigation while NASA and the National Transportation Safety Board served as official observers.

Persons: Elon, Musk Organizations: Federal Aviation Administration, SpaceX, FAA, Autonomous Flight Safety, NASA, National Transportation Safety Locations: Boca Chica , Texas, Boca Chica, Ukraine, Crimea, Russian

☆ FAA closes investigation into SpaceX Starship rocket that exploded, outlines ‘corrective actions’
▼ + stars: | 2023-09-08 | by ( Kristin Fisher | Jackie Wattles | ) edition.cnn.com time to read: +3 min

CNN —The Federal Aviation Administration announced Friday it has closed its “mishap” investigation into the April SpaceX Starship test flight that ended after the rocket exploded over the Gulf of Mexico. The FAA says the investigation “cites multiple root causes” and “63 corrective actions SpaceX must take to prevent mishap reoccurrence,” the agency said in a statement. SpaceX has said it is ready to try to launch Starship again. But the FAA must issue a launch license, and one of the holdups has been the mishap investigation. “You can think about that launch date slipping probably into ’26.”In August, Free told CNN “my level of concern is the same” after a trip to visit SpaceX’s launch site a month earlier.

Persons: Elon Musk, WjENkdudo9 — Elon, Artemis III, Jim Free, he’s, ”, Free Organizations: CNN, Federal Aviation Administration, SpaceX, FAA, Boca Chica, U.S . Export Control, Boca, Fish and Wildlife Service, NASA, NASA’s, Systems, ”, Aeronautics, Space Engineering Board, Space Studies, National Academies of Sciences, Engineering, Medicine Locations: of Mexico, Boca Chica , Texas, Boca Chica

☆ Vietnamese EV maker VinFast fails to cement meme stock status as eye-popping rally fades quickly
▼ + stars: | 2023-09-01 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Frantic trading in VinFast has raised eyebrows, but it's still far from becoming a meme stock. After a head-scratching six-day winning streak, VinFast has lost 60% this week, cutting its gains since its market debut to about 170%. No meme stock VinFast's short-lived rally is reminiscent of the trading frenzy last year in AMTD Digital, a little-known Hong Kong-based fintech company, where the stock was up more than 20,000% in just two weeks. The stock is now trading at $5.60 apiece, nearly 30% lower than its initial public offering price of $7.80. The SPAC market dried up over the past year as interest rates surged and regulatory pressure ramped up.

Persons: VinFast, Marco Iachini, I'm, Iachini, Alex Harring Organizations: Ford, GM, Vanda Research, AMTD, GameStop, Nasdaq, Black Locations: VinFast, Hong Kong

☆ FAA chief gets grilled by Congress for recent airline groundings and safety concerns
▼ + stars: | 2023-02-15 | by ( Gregory Wallace | ) edition.cnn.com time to read: +4 min

In a letter to Congress in early February, the FAA said it plans to dramatically accelerate replacing its outdated Notice To Air Missions (NOTAM) safety system, whose failure led to a nationwide air travel grounding in January. A contractor working for the FAA unintentionally deleted files related to the key pilot safety system, the FAA said. The near collisions have also raised concerns that the FAA’s safety systems may be insufficient. “Can I sit here today and tell you that there will never be another issue on the NOTAM system? That near collision happened after air traffic controllers cleared the FedEx Boeing 767 to land on Austin’s Runway 18 Left, according to the FAA.

Search resuls for: "reoccurrence"

10 mentions found