SpaceX IPO bombshell: $1.9bn losses ahead of Musk’s trillionaire moment
Financial documents released on Wednesday (20 May) ahead of SpaceX going public - in what is expected to be Wall Street’s biggest ever l...
Authorities have confirmed that seven people were killed when a plane crashed while attempting to land at Statesville Regional Airport in North Carolina on Thursday morning. Former NASCAR driver Greg Biffle and members of his family are believed to have been on board the aircraft.
The aircraft, a Cessna C550, went down around 10:20 a.m., according to a statement from the Federal Aviation Administration (FAA). An airport spokesperson said that the plane crashed as it attempted to return to the runway. The airport also confirmed the incident on its official Facebook page.
Public records indicate that the plane is owned by GB Aviation Leasing, with former NASCAR driver Greg Biffle listed as the manager. Emergency crews responded to the scene to contain the fire and investigate the cause of the crash.
The FAA and local authorities are continuing their investigation, and further updates are expected as more information becomes available.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Day four of the World Urban Forum (WUF) in Baku brings a packed agenda on sustainable cities and the global housing crisis, with sessions on green housing, smart cities, public spaces and urban rights taking place on Wednesday (20 May) at Baku Olympic Stadium in Azerbaijan.
At least 21 people have been killed and thousands evacuated after torrential rain triggered flooding, landslides and transport disruption across southern and central China, with authorities warning that more heavy rainfall is expected along the Yangtze River.
Russia’s ambassador to the United Nations Vasily Nebenzya warned on Tuesday (19 May) that Moscow could retaliate against Baltic states if Ukraine launches military drones from that region. Latvia, the United States and Ukraine responded strongly during a UN Security Council meeting.
Russia is considering the possibility of joint projects with the United States and China, Kirill Dmitriev, Head of the Russian Direct Investment Fund, (Russia's sovereign wealth fund), was quoted as saying by state media on Wednesday.
Activists from a Gaza-bound flotilla detained by Israel at sea have been released from prison and are expected to be deported to Türkiye, officials confirmed on Thursday.
NATO fighter jets were activated on Thursday (21 May) after at least one drone entered Latvian airspace, according to Latvia’s armed forces, marking the latest in a series of security incidents across the Baltic region linked to the war in Ukraine.
Russia pledged support for Cuba on Thursday after the U.S. indicted former Cuban president Raúl Castro on murder charges linked to the 1996 downing of exile planes, escalating tensions between Washington and Havana.
Financial documents released on Wednesday (20 May) ahead of SpaceX going public - in what is expected to be Wall Street’s biggest ever listing - revealed the firm made operating losses of $1.94 billion, despite Elon Musk being tipped to become the world’s first trillionaire.
The European Union has moved closer to finalising a trade agreement with the United States in an effort to avoid a new tariff escalation threatened by President Donald Trump. The proposed deal is aimed at stabilising transatlantic trade ties amid mounting economic and political pressure.
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