Tuesday, April 28

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Government designates Hezbollah as terrorist entity
World News

Government designates Hezbollah as terrorist entity

Prime Minister Christopher Luxon and Attorney-General Judith Collins made the assessment. Photo: RNZ New Zealand has designated the Iran-backed armed and political group Hezbollah as a terrorist entity. Israel has been waging war on Hezbollah in its base in Lebanon for weeks, in an extension of the war in Gaza. Read more: What is Hezbollah, the Lebanese group trading fire with Israel? The government has also slapped a similar designation on the Houthi movement known as Ansar Allah. The Houthis in Yemen have been attacking shipping in support of Palestinians in Gaza. Prime Minister Christopher Luxon and the Attorney-General Judith Collins made the assessment. "For any organisation [to be designated] ... we have to have evidence and we go through a number of tests under our legislation, t...
Qualcomm says it expects $4 billion in PC chip sales by 2029
Business

Qualcomm says it expects $4 billion in PC chip sales by 2029

Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024.Ann Wang | ReutersQualcomm said on Tuesday that it expects its push into new markets to generate an additional $22 billion per year by 2029.Of that amount, roughly $4 billion will come from PC chips, Qualcomm said at its investor day on Tuesday. The chipmaker just introduced PC processors earlier this year, when it released Snapdragon X for Windows devices.The latest forecast marks an important milestone for Qualcomm CEO Cristiano Amon, who took over the company in 2021 with a promise to get past a reliance on smartphones. In fiscal 2024, Qualcomm's handset business reported $24.86 billion in sales, about 75% of its entire chip business.Qualcomm also said on Tuesday that automotive revenues would rise ...
Rust movie to premiere three years after on-set shooting
World News

Rust movie to premiere three years after on-set shooting

By Anna Maria Jakubek for AFP US actor Alec Baldwin hugs a member of his legal team at the conclusion of his trial on involuntary manslaughter at Santa Fe County District Court in Santa Fe, New Mexico, on July 12, 2024. Photo: AFP / RAMSAY DE GIVE The western Rust will get its world premiere on Wednesday at a Polish film festival, three years on from a shock on-set shooting that killed the cinematographer. Hollywood A-lister Alec Baldwin was accused of violating basic gun safety rules in the 2021 death of Halyna Hutchins, but his involuntary manslaughter trial was dismissed over withheld evidence earlier this year. The late cinematographer's mother Olga Solovey said on Tuesday she refused to attend the festival for the film's promotion "especially now when there is still no justice f...
Odisha: Doctors save life of Army jawan whose heart stopped beating for 1.5 hrs
Health

Odisha: Doctors save life of Army jawan whose heart stopped beating for 1.5 hrs

A dedicated team at AIIMS Bhubaneswar has saved the life of a 24-year-old Army jawan through an advanced Extracorporeal Cardio-Pulmonary Resuscitation (eCPR) procedure. The eCPR procedure revived the young soldier even after his heart had stopped beating for nearly 1.5 hours. The Executive Director of AIIMS Bhubaneswar, Dr Ashutosh Biswas, praised the team`s exceptional efforts, stating, "AIIMS Bhubaneswar has always been at the forefront of integrating medical science with technology to deliver pioneering healthcare. This is a testament to our dedication to saving lives and advancing medical practices." The patient, in critical condition due to heart failure, was referred to AIIMS Bhubaneswar on October 1. Shortly after his arrival, he suffered a cardiac arrest. Despite 40 minutes of c...
China holds its benchmark lending rates as Beijing assesses stimulus measures
Business

China holds its benchmark lending rates as Beijing assesses stimulus measures

The People's Bank of China (PBOC) building in Beijing on Dec. 15, 2022.Bloomberg | Getty ImagesChina's central bank on Wednesday kept major benchmark lending rates unchanged, as Beijing assesses the effects of its existing stimulus measures. The People's Bank of China said it would keep the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%.Market watchers polled by Reuters had expected PBOC to keep the lending rates unchanged this month.There was "no immediate need to adjust the LPR this month," said Bruce Pang, chief economist and head of research for Greater China at JLL, adding that the Chinese leaders were likely still assessing the impacts of recent stimulus. The record-low net interest margins at Chinese commercial banks have limited their ability to support lower lending ra...
Spirit owner Michele Kang makes huge donation to US Soccer
World News

Spirit owner Michele Kang makes huge donation to US Soccer

US women's football team. Photo: Photosport Michele Kang will invest $50 million in US Soccer over five years, making the Washington Spirit's owner the biggest contributor ever to girl's and women's football initiatives through the national program. The donation is the largest ever to US Soccer by a woman. Kang not only is the owner of the NWSL's Spirit, she also is the majority owner of women's teams Olympique Lyonnais Feminin in France and London City Lionesses in England. Investments in women's sports are nothing new to Kang, who donated $85 million in July for women's health initiatives in sports, then donated $7 million to the U.S. women's rugby sevens program after the Paris Olympics, while also creating her own sports science nonprofit. Kang originally purchased a 35 percent stak...
Youth unemployment is highest since 2012. What will it take to fix it? – National
Politics

Youth unemployment is highest since 2012. What will it take to fix it? – National

A new report is warning youth unemployment has reached a “troubling” high, hitting a level not seen since 2012, and it could cost the Canadian economy billions in the next decade. The report by Deloitte, commissioned by The King’s Trust Canada, a national youth charity founded by King Charles III when he was Prince of Wales, noted youth unemployment hit 14.5 per cent in August — the highest since 2012.Failure to address the issue could cost the country $18.5 billion in real GDP growth by 2024, it found.“The report is troubling on several levels,” Farah Mohamed, CEO of the King’s Trust Canada, said in an interview. “What it comes down to is I think we really have to understand that if we do not invest in young people, if we do not create pathways to employment, how is this country going to ...
Comcast will announce the spinoff of cable networks Wednesday, CNBC source says
Business

Comcast will announce the spinoff of cable networks Wednesday, CNBC source says

The Comcast NBC logo is shown on a building in Los Angeles, California, June 13, 2018.Mike Blake | ReutersComcast is moving forward with the spinoff of its cable network channels, people familiar with the matter told CNBC on Tuesday.The separation is expected to take about a year, and an announcement from the company could come as early as Wednesday, the people said.The new entity will be led by Mark Lazarus, the current chairman of NBCUniversal's media group, one of the people said. NBCUniversal's Chief Financial Officer Anand Kini, will serve as the CFO and operating chief of the new entity, the person said.Comcast Chairman and CEO Brian Roberts will maintain a voting position in the company, but will not serve as an officer or on the board of directors, the person added.The spinoff wil...
Donald Trump picks TV’s Dr Oz to run Medicare and Medicaid
World News

Donald Trump picks TV’s Dr Oz to run Medicare and Medicaid

Mehmet Oz and Donald Trump in 2022. Photo: US President-elect Donald Trump has said that he has chosen celebrity doctor Mehmet Oz to serve as administrator for the Centres for Medicare and Medicaid Services. Oz, known as "Dr. Oz", unsuccessfully ran for the US Senate in 2022. Trump, who endorsed Oz in that race, said he would work closely with Robert F. Kennedy Jr., who has been nominated to lead the Department of Health and Human Services. Trump said the pair would take on "the illness industrial complex, and all the horrible chronic diseases left in its wake" as well as cutting what he called waste and fraud. "Our broken Healthcare System harms everyday Americans, and crushes our Country's budget," Trump said in a statement. The agency runs Medicare, the federal health insurance prog...
Dave Coulier defends John Stamos bald cap after fans call it ‘shallow’ gesture – National
Entertainment, Movies

Dave Coulier defends John Stamos bald cap after fans call it ‘shallow’ gesture – National

It can be difficult to know how to support a loved one going through a cancer diagnosis — a lesson John Stamos is learning in real time. In a gesture of support for his friend and Full House co-star Dave Coulier, who was recently diagnosed with “very aggressive” Stage 3 non-Hodgkin lymphoma, Stamos donned a bald cap and helped Coulier shave his head, sharing a carousel of photos to Instagram on Monday night to mark the cancer milestone.“Nothing like throwing on a bald cap and flexing some Photoshop skills to show some love and solidarity with my bro @dcoulier,” Stamos said in the caption. Story continues below advertisement “You’re handling this with so much strength and positivity—it’s inspiring. I know you’re going to get through this, and I’m proud to stand...