Tag: Capital

Armenians throng to the capital to demand prime minister’s resignation

Tens of thousands of demonstrators held a protest on Sunday in Yerevan, Armenia’s capital, to call for prime minister Nikol Pashinyan’s resignation after the European nation agreed to hand over control of several border villages to Azerbaijan. The demonstration was the latest in a weeks-long series of gatherings led by a high-ranking cleric in the […]

Fire at a baby care centre kills seven infants in India’s capital

Seven babies have died after a fire broke out in a baby care centre in India’s capital New Delhi on Saturday night, a fire service officer said. Rescuers carried 12 newborns from the centre to a nearby hospital, but seven died due to smoke inhalation, fire officer Atul Garg said. The five others are being […]

One dead, one arrested for alleged capital murder

PHENIX CITY, Ala. (WRBL) – In the early hours of Saturday May 25, the Phenix City Police Department responded to a deadly shooting at Aces Bar and Grill, located at 3928 US HWY 80 West. Officers from the Patrol Division arrived at approximately 1:30 AM and discovered 34-year-old Jacob Sanes, a resident of Smith Station, […]

Shah Capital ends campaign against Novavax board after Sanofi deal

(Reuters) -Hedge fund Shah Capital said on Monday it would withdraw its campaign against the re-election of three directors on Novavax’s board, after the COVID-19 vaccine maker struck a licensing deal with Sanofi. Under a deal signed on May 10, the French drugmaker will take a 4.9% stake in Novavax for $70 million at a […]

China’s Capital Outflow Surges to Highest Since 2016 in April

(Bloomberg) — China’s capital outflows worsened in April, underscoring headwinds for the yuan amid a weak domestic economy and uncertainties over the Federal Reserve’s rate trajectory. Most Read from Bloomberg Local firms purchased the largest amount of foreign exchange from banks since 2016 in April, while exporters held back dollar conversion and residents snapped up […]

U.S. regulators reconsider capital hike for big banks, WSJ reports

(Reuters) – The Federal Reserve and two other U.S. regulators are moving toward a new plan that would significantly reduce a nearly 20% mandated increase in capital for the country’s biggest banks following lobbying efforts by industry CEOs like JPMorgan Chase’s Jamie Dimon, the Wall Street Journal reported on Sunday. Top officials from all three […]