Author: Admin
[CANBERRA) Australia and New Zealand are the world’s biggest users of cocaine, as global consumption of the illicit drug reaches record highs, the United Nations Office on Drugs and Crime (UNODC) said in its latest report.While more people use cocaine in the Americas than anywhere else, per-capita consumption is most prevalent in Australia and New Zealand, according to the World Drug Report 2025. Waste-water analysis suggests most people there are using cocaine only occasionally, the report said.Some 3 per cent of those aged 15 to 64 in Australia and New Zealand used cocaine in 2023, the report said. That’s almost…
Dinari, a startup that offers blockchain-based U.S. stocks, has secured a broker-dealer registration for its subsidiary, a move the company says makes it the first tokenized equity platform to secure such approval in the United States. The move would allow San Francisco-based Dinari to offer stock trading via blockchain technology for the first time to investors in the U.S., an offering that crypto companies like Coinbase and Kraken are also actively exploring as firms look to capitalize on an evolving U.S. regulatory stance toward cryptocurrencies.Dinari is working with the U.S. Securities and Exchange Commission before going live with its offering in…
[SINGAPORE] Malaysian glove maker Top Glove on Thursday (Jun 26) posted a net profit of RM34.7 million (S$10.5 million) for its third quarter ended May, 31 per cent down from a profit of RM50.7 million in the previous corresponding period. This translated to a lower earnings per share of 0.43 sen, down from 0.63 sen in Q3 of FY2024. The decline in its bottom line came despite the group recording top-line growth for the period, with revenue up 30 per cent at RM830.3 million, from RM636.9 million in the year-ago period. Q3’s higher revenue was driven by a 45 per cent…
Snack maker Kellanova’s shares rose Thursday on news that its proposed merger with Mars Inc. had cleared U.S. regulators.The U.S. Federal Trade Commission announced late Wednesday that after nearly a year of investigation, it determined that a merger between Mars and Kellanova wouldn’t threaten competition in the market.Kellanova shares were up nearly 1% in morning trading. Mars is privately held.McLean, Virginia-based Mars makes sweet snacks like M&M’s, Snickers and Skittles as well as Ben’s Original rice and pet food. Chicago-based Kellanova, which was created in 2023 when the Kellogg Co. split into two companies, owns brands including Cheez-its, Pringles, Eggo,…
SAN FRANCISCO :Amazon’s AWS recently lost a key vice president helping oversee generative artificial intelligence development as well as the company’s Bedrock service, as the competition for talent heats up.Vasi Philomin told Reuters in an email that he left Amazon for another company, without providing specifics. A company spokesperson confirmed that Philomin had recently left after eight years with Amazon. Philomin helped lead generative AI efforts and product strategy, and oversaw foundation models known as Amazon Titan.The spokesperson said Rajesh Sheth, a vice president previously overseeing Amazon Elastic Block Store, had assumed some of Philomin’s responsibilities. Philomin left Amazon earlier…
When Jayson Tatum ruptured his right Achilles tendon in the Celtics’ conference semifinals loss the the New York Knicks, everything about Boston’s immediate future changed. But what won’t change is the Celtics’ front office’s prudence in making sure he has the space and time to make a full recovery.Boston president of basketball operations Brad Stevens said the All-Star is progressing well following surgery last month. But asked about whether the team had put a potential timeline on Tatum’s return, Stevens was definitive that there would be no rushing the star’s rehabilitation.”We don’t and we won’t,” Stevens said Wednesday night following…
Bob Pockrass FOX Motorsports Insider Need help filling out your NASCAR in-season tournament bracket?Well, here is a look at mine in picking the matchups that will run concurrently with the regular-season races over the next five weeks. Either take these picks as gold or as a sign to pick my losers. But use at your own risk. Denny Hamlin drives during the NASCAR Cup Series The Great American Getaway 400 My picks are in bold and the seeding (determined by best finish in the last three races) is in parentheses. Obviously, my matchups beyond the first round are dependent on…
Washington — White House press secretary Karoline Leavitt said Thursday that the Trump administration doesn’t have any meetings scheduled with Iran, one day after President Trump said that the U.S. and Iran would talk and meet “next week.””We don’t have anything scheduled as of now,” Leavitt told reporters during Thursday’s press briefing, adding that she spoke with Middle East envoy Steve Witkoff on Thursday morning and the administration continues to be in “close communication” with the Iranians and intermediaries such as the Qataris.”We are in touch, and if there is a meeting, we will let you know, as we always…
Tesla executive and longtime Elon Musk confidant Omead Afshar has left the company, a person familiar with the matter said on Thursday, marking another senior departure as the electric-vehicle maker grapples with slowing global demand. Afshar was part of the CEO’s office and began overseeing sales and manufacturing operations in Europe and North America last year. He joined Tesla in 2017 and quickly rose through the ranks to become one of Musk’s trusted lieutenants, playing a central role in major projects including the construction of the Texas Gigafactory.Demand for Tesla’s EVs has tumbled in Europe and North America as Musk…
LABUBU, an elf-like plush toy with pointy ears and nine serrated teeth, has become a global sensation, worn by celebrities including Rihanna and Dua Lipa. These dolls are sold out in stores from Singapore to London; a human-sized version recently fetched a whopping US$150,000 at an auction in Beijing. With all the social media buzz, it is worth asking if we are witnessing the rise of a new-age collectible, or whether Labubu is a mere fad destined to fade.Investors certainly want to know. Pop Mart International Group, the Chinese manufacturer behind this trendy toy, has rallied 178 per cent this…