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.
Desperate residents in Bukavu, eastern Democratic Republic of Congo, are facing severe cash shortages as banks remain shut following the M23 rebel group’s seizure of the city. With no access to their funds, many are struggling to afford food, electricity, and basic necessities.
Looting and unrest linked to the M23 rebels have severely disrupted banking services, leaving thousands stranded without cash. Long queues have formed outside local banks and ATMs, but many machines remain empty, further deepening the economic hardship in the region.
Bukavu Resident, Benjamin Murhesa:
"I came to see how I could get a little money for some family expenses, but when I arrived, I found that the ATM behind me has nothing. The machine isn’t turned on. There’s no money in it. We don’t know what else to do – no money at all. We can’t even enter the bank; the doors are closed. There’s no way to get anything so the children can eat."
Residents say they have received no official communication from banks or authorities, leaving them in uncertainty.
Bukavu Resident, Samy Shamamba:
"I can’t even buy electricity, even getting food has become difficult while our money is sitting in these banks and cooperatives. We don’t know what else to do. Life is getting harder. No one says a word to us. I just came from there, I didn’t get any information, not even from the security guard. We’re asking you to plead on our behalf with the authorities. Maybe we can recover our money."
As traditional banking services remain paralyzed, residents have turned to mobile money services. However, limited access and high demand have made this an unreliable solution.
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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