Ukraine prosecutors seek $35 million bail for returned ex-leader on January 18, 2022Kyiv: Ukrainian prosecutors on Monday requested $35 million in bail for former leader Petro Poroshenko after his return to the ex-Soviet country earlier in the day despite facing arrest on treason charges. Poroshenko, who served as president from 2014 to 2019, was placed under investigation for high treason and left Ukraine in December. One of […]
World’s 10 richest men’s fortune more than doubled in pandemic on January 17, 2022ANKARA: The world’s 10 richest men have more than doubled their collective fortunes – from $700 billion to $1.5 trillion – in the first two years of the COVID-19 pandemic, UK-based charity Oxfam said on Monday. Incomes of the 99% of the world population have dropped in the same period, and over 160 million people […]
COVID-19 cases rising in Kazakhstan due to omicron variant on January 17, 2022NUR SULTAN: The number of daily COVID-19 cases exceeded 11,000 as cases of the omicron variant have been detected in Kazakhstan, the country’s Health Ministry said on Monday. Kazakhstan reported 11,524 infections in the last 24 hours, bringing the caseload to over 1 million, the ministry said in a statement. With four more deaths, the […]
Chinese shares close higher Monday on January 17, 2022BEIJING: Chinese stocks closed higher on Monday, with the benchmark Shanghai Composite Index up 0.58 percent at 3,541.67 points. The Shenzhen Component Index closed 1.51 percent higher at 14,363.57 points. The combined turnover of stocks covered by the two indices came in at 1.12 trillion yuan (about 176.1 billion U.S. dollars), up from 1.11 trillion […]
Head of Credit Suisse resigns over Covid rules breach on January 17, 2022Zurich: The head of Credit Suisse has resigned less than a year after taking the reins of the scandal-hit bank following reports that he had broken Covid quarantine rules. Antonio Horta-Osorio’s resignation was effective immediately following an investigation commissioned by the board, Switzerland’s second-largest bank said in a statement released Monday. Board of directors member […]
Millions hunker down as storm hits eastern US on January 17, 2022Washington: Millions of Americans hunkered down as a major winter storm hit the eastern United States with heavy snow and ice knocking power out for an estimated 130,000 customers as of early Monday. The National Weather Service (NWS) said the storm was bringing a miserable combination of heavy snow, freezing rain and high winds, impacting […]
Paris fashion gets physical despite Omicron on January 17, 2022Paris: The city may still be deep in the throes of the Omicron surge and adapting to the latest Covid restrictions, but Paris Fashion Week will nevertheless launch Tuesday. The industry is determined to get back on the catwalks after nearly two years during which most brands were forced to retreat online. Despite the complications […]
North Korea fires more suspected missiles, flouts new sanctions on January 17, 2022 Seoul: North Korea fired two suspected ballistic missiles Monday, Seoul said, its fourth weapons test this month as Pyongyang flexes its military muscle while ignoring offers of talks from the United States. Despite biting international sanctions, Pyongyang has conducted a string of weapons tests this year, including hypersonic missiles, as leader Kim Jong […]
China’s birth rate at record low in 2021: official on January 17, 2022Beijing: The birth rate in China plummeted to a record low last year, official data showed Monday. The birth rate of the world’s second-biggest economy slipped to 7.52 births per 1,000 people, according to National Bureau of Statistics data, down from 8.52 in 2020 and the lowest rate since comparative records began in 1978.
North Korea fired railway-borne missiles in third test this year on January 15, 2022Seoul: North Korea fired two railway-borne tactical guided missiles, state media reported Saturday, the country’s third weapons test this month despite a volley of new United States sanctions. South Korea’s military said it had detected the launch of two short-range ballistic missiles Friday afternoon, just hours after Pyongyang accused the United States of “provocation” over […]