news and current affairs.
Najib denied house arrest, must return to prison
A Malaysian court just shut down the former prime minister's attempt to finish his prison term at home. Najib Razak will stay in Kajang Prison after the High Court in Kuala Lumpur rejected his request. The ruling centered on a special order for house arrest allegedly issued by the former king. Judge Alice Loke Yee Ching declared that order invalid, stating the king's power to grant clemency must be used judiciously and for public benefit, not unilaterally. The judge focused on constitutional procedure. The king holds the power to pardon or reduce sentences under Article 42, but must consult a pardons board. That board had already cut Najib's original twelve-year sentence for the 1MDB corruption scandal down to six years, also slashing...
Sudan war hits 1,000 days as RSF tightens grip on Kordofan
The conflict in Sudan is entering an even more brutal stage. UN officials warned the Security Council that the paramilitary Rapid Support Forces, or RSF, are advancing in the Kordofan region. They now control the city of Babanusa in West Kordofan and have captured Heglig in South Kordofan. This push prompted forces from neighboring South Sudan to cross the border, reportedly to protect the critical Heglig oil fields. A senior humanitarian director, Edem Wosornu, identified Kordofan as the new epicenter of violence. She cited reports of drone strikes killing over one hundred civilians in South Kordofan in just a few days. These attacks hit a kindergarten and a hospital in the town of Kalogi, leading to dozens of child deaths. She called...
Mangione’s McDonald’s bag search under scrutiny in NYC trial
Day eight of the pre-trial hearings for Luigi Mangione focused heavily on police procedure in two different states. Mangione faces murder charges in New York for the shooting of UnitedHealthcare CEO Brian Thompson, but was arrested in Altoona, Pennsylvania. His defense is fighting to toss out key evidence from that arrest, arguing about improper searches and recorded statements. The first witness was an Altoona police evidence custodian, Patrolman George Featherstone. He described the department's standard process for inventorying an arrestee's belongings, meant to safeguard property and ensure officer safety. In Mangione's case, everything found on him and in his backpack was treated as potential evidence for New York investigators...
Trump picks envoy for Greenland, Denmark cries foul
So the guy just casually decides to appoint a special envoy for Greenland. That's the move. Donald Trump named Louisiana's governor, Jeff Landry, to this new gig, claiming Landry gets how vital Greenland is for American national security and will push U.S. interests. For anyone keeping score, Greenland is not a separate country; it runs its own internal stuff but is part of the Kingdom of Denmark. The response from Denmark and Greenland's leadership was basically a unified side-eye. The Danish Prime Minister, Mette Frederiksen, and Greenland's Premier, Jens-Frederik Nielsen, put out a statement together telling the U.S. to respect borders and sovereignty. They reiterated that you can't just annex another place, not even using security...
Apple slammed with €98m fine over double-consent app rule
Italy just dropped a massive fine on Apple, hitting them for nearly one hundred million euros. The country's antitrust body ruled that Apple abused its dominant market position with its App Tracking Transparency feature. The specific problem, according to regulators, was a "double consent" rule. They said Apple forced third-party app developers to show its own tracking permission pop-up, while those developers still had to run their own separate prompts to follow broader EU privacy law. This made developers ask users for the same thing twice, which Italy called unfair and disproportionate. The investigation found this move hurt Apple's commercial partners. After the ATT rule started, user consent rates dropped, which slashed...
Howard bolts to Switzerland as UK tax heat rises
Another ultra-rich finance guy just ditched the UK. Alan Howard, who started the giant hedge fund Brevan Howard, officially changed his residency to Switzerland. The guy is worth billions, depending on which rich list you check, and he built his firm in London back in 2002. It now handles tens of billions in assets. He’s apparently gone back to Geneva, a city he lived in for years before. He’s not alone, not even close. This is part of a massive wave of wealthy people bailing. Property investors, the Livingstone brothers, went to Monaco. The Revolut founder, Nik Storonsky, set up in the UAE. Jeremy Coller from private equity and even steel tycoon Lakshmi Mittal have also moved or split time between places like Switzerland and Dubai...
Coates cashes in £280m as Bet365 profits plunge
Man, the numbers in these gambling CEO paychecks are just a different reality. Denise Coates, who runs Bet365 from its base in Stoke-on-Trent, just bagged at least two hundred and eighty million pounds for the last year. That’s salary plus dividends, even though the company's actual pre-tax profit got chopped almost in half, falling to three hundred and forty-nine million. The firm's total turnover did go up a bit to four billion, but their costs exploded by over three hundred and twenty-five million as they tried to expand globally. Breaking down her insane payday, the accounts show a straight salary of one hundred and four million. As the main owner, she also gets a huge chunk of a dividend pot of over three hundred and fifty...
Ellison bets billions to outbid Netflix for Warner Bros
Alright, so the mega-billionaire tech bro Larry Ellison just went full wallet warrior in this Hollywood studio cage match. He slapped down a personal guarantee for over forty billion dollars to back his son David's company, Paramount Skydance, in their insane attempt to buy Warner Bros Discovery. That whole deal is valued at over one hundred billion. This is a direct power play against Netflix, which has its own eighty-something billion-dollar offer on the table for Warner's studios and streaming stuff. The Warner board told shareholders to reject the Paramount Skydance bid last week, calling the financing shaky, which is exactly why Daddy Ellison stepped in with this "irrevocable" promise to cover the equity part and any potential...
UK firms flop in EU sales, blame Brexit bungles
Right, the post-Brexit trade glow-up is apparently not happening. New polling from the British Chambers of Commerce shows that over half of UK companies, we're talking 54 percent, can't grow their sales in Europe. This is getting worse, not better, with that number jumping up 13 points from just last year. Their big take is that the main EU-UK trade deal, the TCA, is basically a dud for most exporters. Nearly all the nearly one thousand firms asked were small or mid-sized outfits. The Prime Minister, Keir Starmer, is pushing for a reset with Brussels, but businesses are saying it's moving at a snail's pace. The specific headaches are a real buffet of bureaucratic misery. Companies keep complaining about customs paperwork nightmares...
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