Thursday, March 21, 2024

Reddit begins trading on New York Stock Exchange

Social media giant Reddit began trading on the New York Stock Exchange on Thursday.

The platform priced its initial public offering on Wednesday at $34 a share - it's the first major social media site to go public since 2019.

Sally Patterson reports from New York.

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US tables "immediate ceasefire" at the UN Security Council

The United States has tabled a revised ceasefire resolution to be
voted on by the UN Security Council.
The document calls for an "immediate ceasefire" tied to the release of
all hostages.
Washington has blocked previous attempts to pass such a ceasefire
resolution, with some saying this marks a significant step in its
approach to the conflict.
Jody Jacobs has more from the United Nations in New York.

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UK report recommends women be compensated for pension age change

A report has recommended that thousands of women in the UK should be compensated over changes to their pension age. The government says it is looking into the suggestion, which would mainly affect women born in the 1950s. Julia Chapman reports. 

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Immigration in focus for Biden on Texas trip

U.S. President Joe Biden is in Texas as he continues to seek support
for his re-election campaign.

The visit comes as the fate of a controversial Texas immigration law
remains uncertain.

William Denselow reports from Austin, Texas.

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UK Interest Rates Held At Highest Level For 16 Years

The Bank of England has decided to keep interest rates unchanged for the fifth time in a row.


They remain at 5.25%, the highest it's been for 16 years.


John Bevir reports.


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Reddit debuts on NYSE as tech IPO market heats up

Shares of the social media platform Reddit will begin trading on the New York Stock Exchange today [THURSDAY].


It's the first major social media IPO in nearly five years and the second tech IPO this week.


Ira Spitzer reports.


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Centre-right given mandate to form government in Portugal


In Portugal, the leader of the centre-right Democratic Alliance party has been invited to try to form a government after inconclusive elections earlier this month.

Luis Montenegro has already ruled out a coalition with the far-right Chega party, which now holds 50 seats in parliament.

Our Southern Europe correspondent Giles Gibson has more.

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Brussels hosts first ever Nuclear Energy Summit

Intro:


The world's first nuclear energy summit in Brussels will focus on using nuclear power in sustainable development. 


Officials and energy executives from all over the world are attending the summit today.


Abby Throndson has more. 


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EU leaders summit in Brussels to focus on Ukraine and Middle East

Intro:


EU leaders meeting in Brussels today to discuss military assistance to Ukraine and fresh sanctions on Hamas operatives.


They will also focus on bolstering Europe's own defence capabilities, as Ishan Garg reports from the summit venue. 


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Russia carries out mass missile attack against Kyiv

Air raid sirens and loud explosions rang out across Kyiv as Russian forces launched dozens of missiles targeting the Ukrainian capital overnight. 

Megumi Lim reports from Kyiv  

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PM Modi speaks to Russian and Ukrainian counterparts over a telephonic conversation

India says Prime Minister Narendra Modi spoke to Ukrainian President Volodymyr Zelenskyy just hours after speaking with Russian President Vladimir Putin this week.

India has not criticised Russia's war in Ukraine but has repeatedly call for peace.

It's also pitching itself as a possible mediator in the ongoing conflict.

Sreoshi Mukherjee reports... 

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Hate crimes surge in France in wake of Hamas attacks

French officials say that hate crimes have surged in the country, with a marked spike in the final quarter of last year - following the Hamas attacks in Israel and the subsequent war in Gaza. Toni Waterman has more from Paris.

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Binance Executives Remain in Detention After Nigeria Court Appearance

INTRO


Two executives from Binance, the world's largest cryptocurrency exchange, will remain in detention for at least two more weeks in Nigeria after appearing in court for the first time on Wednesday.


They were detained in Nigeria last month when they flew into the country following a government crackdown on cryptocurrency exchanges.


Correspondent Ajeck Mangut reports. 


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Senior US State Department official claims of 'electoral irregularities' in Pakistan's polls

Intro:

A senior US State Department official claims the Biden administration has identified 'electoral irregularities' in Pakistan's February polls.

Islamabad has denied the charge, stating that the elections were free and fair.
 
Hira Mustafa has more

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DEATHS AFTER TORRENTIAL RAIN IN DRC

INTRO:

Two people have died and twenty-seven others are injured after heavy rains swept through Maniema province in the east-central part of the Democratic Republic of Congo. Several houses were also destroyed in the downpour which has left many people homeless. Chris Ocamringa has more in this report from Kinshasa.

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India's main opposition party alleges witchunt ahead of polls

Indian opposition leader Rahul Gandhi has alleged his party is being targeted by tax authorities ahead of a national election next month.

Gandhi says his party's bank accounts have been frozen and the Congress party has been slapped with a notice for a tax query dating back three decades.

India will vote to elect a new government next month, with Prime Minister Narendra Modi widely expected to win a rare third term.

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UK GOVT INSISTS RWANDA SCHEME ON SCHEDULE DESPITE NEW DEFEATS

The UK government says it can still meet its target of deportation flights to Rwanda within weeks, despite another defeat in Parliament.

The House of Lords inflicted another series of defeats on the government's flagship Rwanda migration policy.

The proposed amendments to the plan to deport asylum seekers are likely to delay the passage of the bill until after Easter.

Hein de Haas from the International Migration Institute says spending money on clearing the asylum backlog would be more effective.

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US urges India's probe into Pannun assassination plot to proceed quickly and transparently

The United States has said it is working with  India to hold accountable those behind a plot to allegedly kill a Sikh separatist on American soil.


The US has called this 'a serious issue' between both nations.

 

Priyata Brajabasi has more


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US sides with Delhi, says frontier region part of Indian territory

The US says it recognises a frontier region in India's east as part of Indian territory.

The comments come a day after India's Foreign Ministry accused China of making 'absurd' territorial claims.

India and China share a 2000 mile long border- disputed in many parts.

Neha Poonia has more.

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Official Results Show Prabowo Subianto is Clear Winner of Indonesian Election

Indonesia's Prabowo Subianto says he'll be a president for all Indonesians after official results of last month's election showed he was the clear winner.


Prabowo and his running mate Gibran Rakabuming - son of President Joko Widowdo - will be sworn in later this year.


Patrick Fok reports.


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