business

Indonesia needs earthquake-proof houses. Building them is a huge challenge

CNN — A deadly earthquake that reduced buildings to rubble in West Java, Indonesia has once again exposed the dangers of living in poorly built homes in one of the most seismically active zones on the planet. Since Monday’s quake, survivors have been sleeping rough or in shelters away from homes vulnerable to collapse as …

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Plane goes off runway at Waterloo Airport in Canada

CNN — A Canadian airport “will be closed to commercial traffic the rest of today” after a Flair Airlines plane “exited the runway” Friday morning during its landing, the airport and the airline said in statements. Flair Airlines flight F8 501 from Vancouver to Kitchener-Waterloo, had 134 passengers onboard, plus crew, when it went off …

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Omicron BQ variants dominant, XBB circulating at low level

A person receives a coronavirus disease (COVID-19) test as the Omicron coronavirus variant continues to spread in Manhattan, New York City, US, December 22, 2021. andrew kelly | Reuters The omicron BQ coronavirus subvariants have risen to dominance in the US as people gather and travel for the Thanksgiving holiday, putting people with compromised immune …

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5 things to know before the stock market opens Friday, November 25

Michael Nagle | Bloomberg | Getty Images Here are the most important news items that investors need to start their trading day: 1. Short day for stocks We hope you had a terrific Thanksgiving. If you’re scheduled to work today, please don’t work too hard. US stock markets are knocking off early, anyway, at 1 …

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Police: Walmart shooter bought gun just hours before killing

CHESAPEAKE, Va. — Authorities investigating the fatal shootings of six people at a Walmart said that the shooter bought the gun just hours before and left a note with grievances against coworkers on his phone. Police in Chesapeake, Virginia, issued a news release on Friday that says they conducted a forensic analysis of Walmart supervisor …

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Hong Kong finds Cardinal Joseph Zen guilty over pro-democracy protest fund

hong kong CNN — A 90-year-old former bishop and outspoken critic of China’s ruling Communist Party was found guilty Friday on a charge relating to his role in a relief fund for Hong Kong’s pro-democracy protests in 2019. Cardinal Joseph Zen and five others, including the Cantopop singer Denise Ho, contravened the Societies Ordinance by …

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Boom economies with Russian wealth, migration

Russians cross the border between Russia and Georgia days after President Vladimir Putin announced a mobilization drive on September 21. Daro Sulakauri | Getty Images News | Getty Images As many economies real from the impact of Russia’s invasion of Ukraine, a select few countries are benefiting from an influx of Russian migrants and their …

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Syed Asim Munir: Pakistan names former spy chief as new head of army

Islamabad, Pakistan CNN — Pakistan on Thursday named former spy chief Lt. Gen. Syed Asim Munir as chief of the South Asian country’s army, ending weeks of speculation over an appointment that comes amid intense debate around the military’s influence on public life. Munir, the country’s most senior general and a former head of the …

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New Malaysian PM Anwar vows to heal divided nation, economy

KUALA LUMPUR, Malaysia (AP) — Long-time reformist leader Anwar Ibrahim was sworn in as Malaysia’s prime minister Thursday and vowed to heal a racially divided nation, fight corruption and revive an economy struggling with the rising cost of living. His rise to the top a was a victory for political reformers who were locked in …

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