Harvard endowment in talks to sell $1B in private equity holdings
Harvard University’s endowment is in advanced talks to sell about $1 billion in private equity fund interests, a source familiar with the matter told Reuters on Thursday.
Cuba's electrical grid collapsed Wednesday as Hurricane Rafael struck, leaving millions without power and causing widespread damage across the island.
As Hurricane Rafael made landfall, the authorities evacuated at least 70,000 people whilst the powerful category-three storm wreaked havoc across the island.
With winds reaching 185 kilometres per hour, the storm is causing widespread disruption, knocking out power lines and crippling essential services like water and communications.
Cuba’s state-run grid operator cited high winds as the cause of a nationwide power outage affecting all 10 million residents, the second major blackout in less than a month.
The capital of 2 million people is especially vulnerable, with its densely packed homes and poor infrastructure.
Schools, public transport, and flights were suspended until further notice.
Farm provinces producing Cuba's prized tobacco for hand-rolled cigars are expected to take a near-direct hit from the hurricane.
The country's oil-fired power plants are obsolete, and struggle to keep the lights on.
The energy output has also suffered due to a decline in oil imports from Venezuela, Russia, and Mexico.
Forecasters predict Hurricane Rafael will likely move toward the western Gulf of Mexico later this week, although its exact trajectory remains unclear.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
Harvard University’s endowment is in advanced talks to sell about $1 billion in private equity fund interests, a source familiar with the matter told Reuters on Thursday.
President Donald Trump said on Thursday that trade talks with China are underway, pushing back against Beijing’s claim that no consultations have occurred.
South Korea’s data protection authority said Thursday that Chinese AI startup DeepSeek transferred user information and prompt content abroad without user consent during its initial launch in the country.
The United States is preparing to offer over $100 billion in arms sales to Saudi Arabia, according to six sources familiar with the matter. The package is expected to be announced during President Donald Trump’s visit to the kingdom in May.
A 15-year-old boy killed a fellow pupil and wounded three others in a stabbing attack at a high school in the western French city of Nantes on Thursday before he was overpowered by teachers, police said.
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