Top Stories

Shell logs record 2022 profit on soaring energy prices

Shell's net profit surged to a record $42.3 billion last year, the British energy giant said Thursday, as Russia's invasion of Ukraine sent oil and gas prices soaring.. The invasion a year ago of Ukraine by its neighbour Russia sent oil and gas prices rocketing.

Gautam Adani: the Indian tycoon weathering stock market panic

Indian industrialist Gautam Adani was until this week Asia's richest man, with a business empire spanning coal, airports, cement and media but now he has been rocked by corporate fraud allegations and a stock crash. . Last week a bombshell report from US investment firm Hindenburg Research claimed the conglomerate had engaged in a "brazen stock manipulation and accounting fraud scheme over the course of decades".

Late Australian cardinal's funeral sparks Sydney protests

Protestors confronted mourners with chants of "shame" outside the funeral of controversial top Vatican cardinal George Pell in Sydney on Thursday.. "And as I heard the chant, 'Cardinal Pell can go to hell', I thought at least they believe in the afterlife," he said to applause. 

India's Adani shares plunge again after stock sale cancelled

Under-fire Indian tycoon Gautam Adani insisted Thursday that the fundamentals of his conglomerate were "strong" even as shares in its companies plunged again after the group cancelled a multi-billion-dollar stock sale.. Adani himself issued a video statement on Thursday in which he insisted that the "fundamentals of our company are very strong, our balance sheet is healthy and assets robust".

Australia to oust monarch from banknotes

Australia will erase the British-based monarch from its banknotes, replacing the late Queen Elizabeth II's image on its $5 note with a design honouring Indigenous culture, the central bank said Thursday.. A British-based monarch has featured on Australian banknotes since 1923, and was on all paper bills until 1953, the year of Elizabeth II's coronation.

Tears and anger as US police beating victim Tyre Nichols laid to rest

Civil rights leaders, family and friends came together in a Memphis church Wednesday to bid farewell to Tyre Nichols, the 29-year-old African American whose fatal beating by police shocked the nation -- and triggered urgent calls for reform.. Speaking though tears, Nichols' mother RowVaughn Wells joined Harris in calling on lawmakers to act -- flanked by the veteran civil rights leader Al Sharpton who delivered the eulogy for her son.

Philippines to expand US access to military bases: official

The United States and the Philippines are expected to announce a deal Thursday that will give US troops access to another four military bases in the Southeast Asian nation, as the longtime allies seek to deter Chinese aggression in the region.. Under the EDCA expansion to be unveiled Thursday, the United States will have access to at least nine military bases across the archipelago.

Ukraine targets oligarch, ex-minister in graft clampdown

Ukraine expanded a clampdown on corruption on Wednesday, launching coordinated searches of residences linked to a divisive oligarch and former interior minister as well as tax offices in the capital.. Law enforcement also raided tax offices in the capital and senior customs officials were fired, Arakhamia said.

Police beating victim Tyre Nichols laid to rest in Memphis

Hundreds gathered in a Memphis church Wednesday to bid farewell to Tyre Nichols, an African American man who died after being brutally beaten by police, with civil rights leaders Al Sharpton leading the high-profile service attended by Vice President Kamala Harris.. Nichols' funeral drew civil rights leaders, politicians and the family members of other Black Americans who lost their lives to police violence.