Elon Musk becomes first trillionaire as SpaceX shares jump on Nasdaq debut
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 tril...
Indonesian students and civil society organisations suspended protests on Monday after a week of mounting anger over lawmakers’ pay and the police response, citing fears of tighter security measures following deadly unrest at the weekend.
The demonstrations, which began in Jakarta a week ago, had spread nationwide, growing in size and intensity after a police vehicle fatally struck a motorcycle taxi driver on Thursday evening.
On Sunday, President Prabowo Subianto announced that political parties had agreed to reduce lawmakers’ benefits in an attempt to ease tensions. At least five people have died during the protests. He also instructed the military and police to take firm action against rioters and looters after homes of political party members and government buildings were ransacked or set on fire.
The Alliance of Indonesian Women, a coalition of women-led civil society groups, said it had postponed planned demonstrations at parliament to avoid any crackdown by the authorities.
“The delay is done to avoid increased violent escalation by authorities … the delay takes place until the situations calm down,” the group stated on Instagram on Sunday.
Student organisations likewise called off a protest scheduled for Monday, with one umbrella group saying the decision was made “due to very impossible conditions”.
It remains unclear whether other groups will still mobilise in Jakarta or elsewhere, with some social media posts warning of fake protest flyers.
The unrest has unsettled financial markets, with Indonesia’s stock market sliding more than 3% at the opening of trade on Monday.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
U.S. Donald Trump has said he has cancelled planned strikes on Iranian oil and gas ports announced earlier on Thursday. Trump said he made the decision after senior leadership in Iran agreed to peace talks.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Ukraine will increase military wages and expand recruitment of foreign volunteers, President Volodymyr Zelenskyy announced on Friday, as the armed forces face a critical personnel shortage after more than four years of war with Russia.
Poland will receive a new $4 billion loan from the United States through the Foreign Military Financing (FMF) programme, strengthening defence ties between the two NATO allies as Warsaw continues a major military modernisation drive.
Italian Prime Minister Giorgia Meloni and Polish Prime Minister Donald Tusk have criticised Britain, France and Germany for leaving them out of talks with Russia about a potential future peace deal for Ukraine.
The International Labour Organization has adopted the first-ever international agreement aimed at protecting digital platform workers, marking a major step in regulating labour conditions in the global gig economy.
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