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☆ Israeli policeman acquitted in killing of autistic Palestinian
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +3 min

[1/2] Rana al-Halaq, the mother of Iyad al-Halaq, an unarmed autistic Palestinian man who was shot dead by Israeli police, sits surrounded by pictures of her son in her family home in East Jerusalem, July 6, 2023. REUTERS/Sinan Abu MayzerJERUSALEM, July 6 (Reuters) - An Israeli court on Thursday acquitted a policeman who shot dead an autistic Palestinian in 2020, ruling that the victim was mistaken for a militant under circumstances arising from the "unique intensity" of trying to secure Jerusalem. Prosecutors in 2021 filed negligent manslaughter charges in Jerusalem District Court against the policeman. The Israeli justice ministry department, which oversees investigations of the police, said it will decide how to proceed after studying the verdict. The unarmed Halaq ran away, prompting a pursuit in which one officer shot at his legs and missed, after which the defendant fatally shot him in the stomach, the indictment said.

Persons: Rana, Iyad, Sinan Abu Mayzer JERUSALEM, Miriam Lomp, clasping, Kheiry, Halaq, Dan Williams, Roleen Tafakji, Sinan Abu Mayzer, Devika Organizations: REUTERS, Prosecutors, Court, police, West Bank, Palestinian Foreign Ministry, Thomson Locations: East Jerusalem, Jerusalem, Israel, Old City

Such a penalty would be far higher than any previously imposed by Brussels. But China’s stuttering economy and Beijing’s focus on elections in the United States and Taiwan next year are driving a calculation by Chinese policymakers that it is still worth engaging. But the Chinese are looking beyond the United States, and 2023. “Beijing policymakers are hedging their bets,” Rana Mitter, director of Oxford University’s China Center, told DealBook. “They believe that the Biden administration is using softer language but in practice seeking to contain China.

Persons: Illumina, Janet Yellen, Biden, Yellen’s, ” Rana Mitter, DealBook, “, ” Organizations: European Union, Financial Times, Economic, China, Oxford University’s China Center Locations: Brussels, China, Beijing, United States, Taiwan, Tianjin, Netherlands, Washington

☆ A Blood Test Predicts Pre-eclampsia in Pregnant Women
▼ + stars: | 2023-07-03 | by ( Roni Caryn Rabin | ) www.nytimes.com time to read: +1 min

To what extent the test will improve outcomes and save lives is not clear, however, as there is no effective treatment for pre-eclampsia, which usually eases after birth. “We don’t have a therapy that reverses or cures pre-eclampsia other than delivery of the baby, which is more like a last resort,” Dr. Woelkers said. The new blood test, made by Thermo Fisher Scientific, has been available in Europe for several years. It is intended for pregnant women who are hospitalized for a blood pressure disorder in the 23rd to 35th weeks of gestation. “A lot of women will have edema and headaches.” (Edema means swelling.)

Persons: “, Woelkers, ”, Sarosh Rana Organizations: Fisher, University of Chicago Locations: Europe

CARE Hospitals Group, according to another investor source, is in talks to sell a 70% stake to U.S. investment giant Blackstone (BX.N) in a deal valued at $800 million. MORE ATTRACTIVE THAN EVERAs government hospitals became increasingly overburdened and incomes rose in India's vast middle class, demand for private healthcare rose over the years. "The India healthcare opportunity has always been attractive, but never more than now. In 2022, PE investors spent $3.2 billion buying stakes in hospitals in India. "Big private hospitals are more reliable," said 35-year-old G. Chavan said as he accompanied his wife to see a doctor.

Persons: Rana Mehta, PwC's, Atlantic, Indira, Blackstone, Gaurav Sharma, Investcorp, Nishant Sharma, Sharma, Chavan, Sriram, Aditya Kalra, Simon Cameron, Moore Organizations: PwC, General Atlantic, CARE Hospitals, Blackstone, CARE, Kedaara Capital, ASIA'S PACE, Temasek, Reuters Graphics, Apollo Hospitals, Thomson Locations: India, PUNE, Pune, Indira, Bahrain, Mumbai, Manipal, Asia

☆ Niantic Is Laying Off Around 25% of Its Workforce, Shutting Down Some Games
▼ + stars: | 2023-06-29 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Niantic Is Laying Off 230 Employees, Shutting Down Some Games
▼ + stars: | 2023-06-29 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

ISLAMABAD, June 23 (Reuters) - At least 350 Pakistanis were on an overloaded boat that capsized and sank in open seas off Greece last week, Pakistan's Interior Minister said on Friday, promising to arrest and prosecute the human smugglers responsible. Another 193 Pakistani families have taken DNA tests to try to identify those who died in one of Europe's deadliest shipping disasters in recent years, he said. Pakistan said it has arrested several human traffickers and their agents who told authorities that their ring leader was based in Libya. These human smugglers had charged around $8,000 a person to take them to Europe illegally through the sea route after flying legally to Dubai, Egypt and Libya, authorities said. Reporting by Asif Shahzad, writing by Tanvi Mehta; Editing by Shivam Patel, Christina Fincher and Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.

Persons: Rana Sanaullah, Sanaullah, Asif Shahzad, Tanvi Mehta, Shivam Patel, Christina Fincher, Conor Humphries Organizations: Pakistan's, Thomson Locations: ISLAMABAD, Greece, Egypt, Syria, Pakistan, Pylos, Libya, Europe, Dubai

☆ At least 209 Pakistanis were on board migrant boat that sank off Greece, data suggests
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +2 min

June 22 - At least 209 Pakistanis were on an overloaded boat that capsized and sank in open seas off Greece last week, according to data shared with Reuters on Thursday by a Pakistani investigative agency. Hundreds of people from different countries are believed to have been on board the vessel, in what is seen as the worst sea disaster in years for the region. Pakistan is yet to officially confirm how many of its citizens were on the boat, but kick-started a DNA sampling effort to help Greece identify those who died. The data shared by the FIA showed that 181 people were from Pakistan and 28 from Pakistan-administered Kashmir. Greece has charged nine Egyptian men over the shipwreck, the worst in the Mediterranean Sea this year, and placed them in detention pending trial.

Persons: Rana Abdul Jabbar Organizations: Reuters, Federal Investigation Agency, FIA, FIA Islamabad, Officials, Thomson Locations: Greece, Libya, Pakistan, Kashmir, Pylos

☆ Greece boat tragedy: At least 209 Pakistanis were on board, data suggests
▼ + stars: | 2023-06-22 | by ( Gibran Naiyyar Peshimam | ) www.reuters.com time to read: +2 min

[1/2] A undated handout photo provided by the Hellenic Coast Guard shows migrants onboard a boat during a rescue operation, before their boat capsized on the open sea, off Greece, June 14, 2023. The FIA has been tasked by the Pakistan government with handling investigations into the tragedy. Pakistan is yet to officially confirm how many of its citizens were on the boat, but kick-started a DNA sampling effort to help Greece identify those who died. The data shared by the FIA showed that 181 people were from Pakistan and 28 from Pakistan-administered Kashmir. The FIA said 29 suspected human smugglers had been arrested in Pakistan so far over the case.

Persons: Rana Abdul Jabbar, Gibran Naiyyar, Sudipto Ganguly, Gareth Jones Organizations: Hellenic Coast Guard, REUTERS, Reuters, Federal Investigation Agency, FIA, FIA Islamabad, Officials, Thomson Locations: Greece, KARACHI, Pakistan, Pakistani, Libya, Kashmir, Pylos

☆ Uber Is Laying Off 200 People in Its Recruiting Team
▼ + stars: | 2023-06-21 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, 65c34ed

☆ Customer Ratings Have Become Meaningless. ‘People Hand Out 5 Stars Like It’s Candy.’
▼ + stars: | 2023-06-05 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

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David Solomon has been Goldman Sachs' CEO for over four years since succeeding Lloyd Blankfein. There's been a lot of talk about the morale at Goldman Sachs. Solomon said there were fewer "partner transitions at Goldman Sachs" in 2022 than any year "going back to 2014." Meanwhile, Solomon's expensive foray into consumer banking raised the ire of some longtime Goldman partners, as Insider has previously reported. The fresh faces among the Goldman Sachs executives who took the stage at the bank's investor day highlight the leadership changes under Solomon.

☆ Under Xi Jinping, China's military has become an untouchable nationalist symbol
▼ + stars: | 2023-05-26 | by ( Nectar Gan | ) edition.cnn.com time to read: +11 min

Yue’s alleged transgression: “uglifying” and “insulting” China’s military, the People’s Liberation Army (PLA). Under Xi, China passed a law in 2018 to ban the slander of national “heroes and martyrs,” a crime punishable by up to three years in prison. To outsiders, it may appear puzzling that China’s military, the largest and one of the most powerful in the world, would be so easily offended by a seemingly tame joke. Xi has staked his legitimacy on returning China to its former greatness, and a strong and powerful military plays a key role in driving that nationalist agenda. He has also ramped up China’s military posturing, sending fighter jets and warships to the Taiwan Strait and around the disputed islands with Japan.

☆ IQE's annual revenue falls 2% on weak orders
▼ + stars: | 2023-05-17 | by ( ) www.reuters.com time to read: +1 min

May 17 (Reuters) - British chip components maker IQE Plc (IQE.L) reported a 2% drop in its annual revenue on Wednesday, hit by reduced orders amid weak demand for consumer electronics. Revenue on a constant currency basis fell to 151.2 million pounds ($190.83 million) for the full-year ended December 2022, from 154.1 million pounds a year earlier. The Cardiff-based company reported a wider operating loss of 73 million pounds, driven by non-cash impairment of goodwill of 62.7 million pounds relating to its wireless operating segment. London-listed IQE said current trading was impacted by temporary semiconductor industry setbacks entailing subdued customer forecasts, orders and related revenue. It expects revenue for the half year ending June 30 to be between 50 million pounds and 56 million pounds.

He had remained inside for hours after being granted bail, saying he was not being allowed to leave by security officials. It's not the security agencies, it's one man – the army chief," he said, without naming him. He has since been a vocal critic of current army chief General Asim Munir. [1/7] Security officers escort Pakistan's former Prime Minister Imran Khan, as he appeared in Islamabad High Court, Islamabad, Pakistan May 12, 2023. "The Islamabad High Court has given a two-week bail and also ordered the (anti-graft body) not to arrest Imran Khan during this period," another of Khan's lawyers, Faisal Chaudhry, told Reuters.

ISLAMABAD, May 9 (Reuters) - Pakistan's former Prime Minister Imran Khan was arrested on Tuesday by an anti-graft agency on corruption charges. While prime minister, Khan promoted the trust at official events. Khan has publicly described her as his spiritual leader and said she helped guide him towards a spiritual path. The anti-graft agency that arrested Khan had summoned Hussain late last year to submit answers on the land donated to the trust. The interior minister alleged Hussain gave the land in Jhelum and Islamabad to Al-Qadir Trust in exchange for that favour.

☆ Factbox: What is the corruption case against Pakistan's Khan?
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +2 min

ISLAMABAD, May 9 (Reuters) - Pakistan's former Prime Minister Imran Khan was arrested on Tuesday on corruption charges. Al-Qadir Trust is a non-governmental welfare organization set up by Bushra Watto, Khan's third wife, and Khan in 2018 when he was still in office. While prime minister, Khan promoted the trust at official events. Khan has publicly described her as his spiritual leader and said she helped guide him towards a spiritual path. The interior minister alleged Hussain gave the land to Khan through the Al-Qadir Trust in exchange for that favour.

May 9 (Reuters) - Pakistan's anti-graft watchdog arrested former Prime Minister Imran Khan at Islamabad High Court on Tuesday, in a dramatic move that threatens fresh turmoil in the nuclear-armed country. You won't get any other opportunity," the Pakistan Tehreek-e-Insaf (PTI) party wrote on Twitter. In most of the cases, Khan faces being barred from holding public office if convicted, with a national election scheduled for November. Previous attempts to arrest Khan from his Lahore home resulted in heavy clashes between his supporters and law enforcement personnel. Political infighting is common in Pakistan, where no prime minister has yet fulfilled a full term and where the military has ruled for nearly half of the country's history.

☆ Your Uber Driver ‘Dave K’ Is Arriving Soon. He Might Be the CEO.
▼ + stars: | 2023-05-08 | by ( Preetika Rana | Photographs Carolyn Fong For The Wall Street Journal | ) www.wsj.com time to read: 1 min

While taking a customer to the airport one evening, he had to ignore frantic phone calls from his chief legal officer who was trying to alert him that a hacker had breached Uber’s network. Another trip took him across the Bay Bridge to Oakland—and he swore never to do it again after getting stuck in rush-hour traffic back to the city. Michael Ho Wai Lee/SOPA Images/ZumaJustin Sullivan/Getty

☆ Lyft Stock Falls After Weak Outlook
▼ + stars: | 2023-05-04 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

Lyft plans to pass along some projected annual cost savings to riders and drivers in the form of lower prices and higher earnings. Photo: Mario Tama/Getty ImagesLyft shares fell Thursday after it forecast weaker-than-expected revenue and adjusted earnings in the June quarter, as it rides through a tumultuous period of layoffs and leadership changes. The outlook overshadowed the ride-sharing company’s first-quarter results. Revenue increased 14% to $1 billion in the three months ended March, better than the $982 million that analysts surveyed by FactSet had predicted.

☆ Lyft Grew First-Quarter Revenue During Tumultuous Period
▼ + stars: | 2023-05-04 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

Lyft plans to pass along some projected annual cost savings to riders and drivers in the form of lower prices and higher earnings. Photo: Mario Tama/Getty ImagesLyft shares fell Thursday after it forecast weaker-than-expected revenue and adjusted earnings in the June quarter, as it rides through a tumultuous period of layoffs and leadership changes. The ride-sharing company’s revenue increased 14% to $1 billion in the three months ended March, better than the $982 million that analysts surveyed by FactSet had predicted.

☆ They've been beaten, trolled, threatened with sexual violence but refuse to be silenced
▼ + stars: | 2023-05-03 | by ( Adie Vanessa Offiong | ) edition.cnn.com time to read: +9 min

Ixchíu Hernández had already been the victim of years of online threats -- attempts to humiliate and silence her. Published in April 2021, it reveals: "Online attacks on women journalists appear to be increasing significantly, as this study demonstrates, particularly in the context of the 'shadow pandemic' of violence against women during COVID-19. "Online violence against women journalists is designed to: belittle, humiliate, and shame; induce fear, silence, and retreat; discredit them professionally, undermining accountability journalism and trust in facts; and chill their active participation...in public debate. Ricchiardi-Folwell explains that because of the often-sexualized nature of the attacks, women remain silent about their harassment, which leads them to believe they are alone. Editor's note: This story was originally published in 2021 and updated to reference the latest report by UNESCO.

☆ Uber’s Rides, Delivery Lift First-Quarter Results
▼ + stars: | 2023-05-02 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

Uber’s sales expansion in the quarter was in line with Wall Street’s expectations. Photo: Mario Tama/Getty ImagesContinued demand for Uber Technologies ’ ride-share and delivery services boosted its revenue and adjusted earnings in the first quarter, despite concerns that high inflation and a potential recession could douse spending. The San Francisco-based company said Tuesday that revenue for the three months through March rose 29% from a year earlier to $8.82 billion. It also increased the number of consumers and trips, and the value of transactions, on its platform. The sales expansion was in line with Wall Street’s expectations.

☆ Lyft Says It Will Cut More Than 1,000 People in New Round of Layoffs
▼ + stars: | 2023-04-27 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

Lyft is scaling back on hiring and eliminating jobs after struggling during the pandemic. Photo: lucas jackson/ReutersLyft Inc. said Thursday that it is cutting over 1,000 additional jobs, days after a new chief executive took over and following a round of layoffs of 700 people in November. The latest cuts impact 26% of the company’s employees. The Wall Street Journal earlier reported on the planned cuts.

☆ SK Hynix reports record quarterly operating loss, but expects rebound later this year
▼ + stars: | 2023-04-26 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

In this article .FKRX300 Follow your favorite stocks CREATE FREE ACCOUNTwatch nowSouth Korean chipmaker SK Hynix has reported a record quarterly operating loss of 3.4 trillion won ($2.54 billion) for the first quarter of the year. This is a reversal from the 2.84 trillion won operating profit in the same period last year, and a larger loss from the the 1.89 trillion won operating loss the previous quarter. Employees stand in front of the SK Hynix Inc. logo displayed at the company's office in Seongnam, South Korea, on Monday, July 24, 2017. Shares of SK Hynix were higher by 1.75% in afternoon trade after surging as much as 3.5% earlier Wednesday. "We expect revenues to rebound in the second quarter after bottoming out in the first, driven by a gradual increase in sales volume," SK Hynix also said.

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