07-11-2024 RIYADH: Saudi Arabia’s main mission is to diversify its heavily oil-dependent economy. But that “Vision 2030” project is undergoing a transition of its own. The kingdom’s $950 billion Public Investment Fund (PIF), tasked by Crown Prince Mohammed bin Salman (MbS) with delivery, is increasingly focused on a collection of …
Read More »Taiwanese suppliers move manufacturing abroad
07-11-2024 HANOI/ TAIPEI: Elon Musk’s SpaceX asked Taiwanese suppliers to transfer manufacturing off the island, leading to some relocating portions of their supply chain, according to sources employed by and close to the equipment makers and corporate documents. A source at a company that is one of the numerous subcontractors …
Read More »German liberals bat away Greens’ peace offering on coalition
07-11-2024 BERLIN: The party leaders of Germany’s increasingly loveless coalition met for more crisis talks on Tuesday but a budgetary compromise that could avert the collapse of Chancellor Olaf Scholz’s government still looked elusive. The ideologically inchoate alliance was thrown into disarray when Finance Minister Christian Lindner’s neo-liberal Free Democrats, …
Read More »‘India aims to curb judges’ arbitrary sentences for criminals’
07-11-2024 Bureau Report + Agencies NEW DELHI: India plans to overhaul its criminal sentencing norms to counter accusations of arbitrary punishment, sources said, following public outrage over the 2022 rape conviction of a man within 30 minutes of trial, by a judge who handed him the death penalty. A higher …
Read More »China’s latest cry for more babies may fall on deaf ears
07-11-2024 BEIJING/ HONG KONG: “Having three children is the best” says a vibrant neon pink sign at a wedding expo in the southern Chinese city of Changsha, where visitors can also pick up tips on tying the knot and men can strap on a pregnancy belly to experience childbirth pain. …
Read More »Dozens killed in Gaza, Israel issues new evacuation orders
07-11-2024 GAZA STRIP/ CAIRO: Israel’s military issued new evacuation orders in the north of the Gaza Strip on Tuesday after carrying out strikes across the enclave which Palestinian media and medics said had killed at least 30 people. An air strike damaged two houses in the town of Beit Lahiya …
Read More »Zimbabwe bans police from using mobile phones on duty
07-11-2024 HARARE: Zimbabwe’s government has banned “with immediate effect” police officers from using mobile phones while working. The ban is contained in a memo, ordering police officers to abandon their private communication gadgets while on duty. All officers are required to surrender their mobile phones to their supervisors once they …
Read More »Cyber crimes up by 24% this year: CP C V Anand IPS
Hyderabad Annual Cybersecurity Knowledge Summit, H.A.C.K. 2.0, Unites Leaders to Shape a Secure Digital Future Theme: From Awareness to Action: Shaping a Secure Digital Future Together, we are building a secure digital future for Hyderabad. Hyderabad, Nov.6 (Shoukat-PMI): City police commissioner CV Anand IPS said today that Cyber crimes had …
Read More »ACB Cracks Down on Formula E Racing Scams – 55 Crore Payments to Foreign Firms Uncovered
Hyderabad’6 Nov’24 :The Anti-Corruption Bureau (ACB) has uncovered massive irregularities in the management of Formula E racing in the state. According to the latest update from the ACB, large-scale corruption was identified within the organisation and operation of the Formula E series, leading to a detailed investigation. During their inquiry, …
Read More »Trump and Harris pick up early wins
06-11-2024 WASHINGTON: Donald Trump wins Florida as both he and Kamala Harris pick up several US states. Vote counting is ramping up as polls close in the key battleground states of Georgia and Pennsylvania. Democracy and the economy are the top issues for voters, early exit polls suggest. Americans are …
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