Lifestyle Turkish court sentences Kavala to life in prison A Turkish court sentenced philanthropist Osman Kavala to life in prison on Monday finding him guilty of attempting to overthrow the government by financing 2013 nationwide protests, in a case that Europe’s top court and Ankara’s Western allies said was politically motivated. Kavala, 64, has been in jail for 4-1/2 years without a conviction and […] April 27, 2022
Media & Advertising Turkish President Erdogan plans visit to Saudi’s Crown Prince Turkish President Tayyip Erdogan plans to visit Saudi Arabia on Thursday and meet Crown Prince Mohammed Bin Salman as Ankara tries to mend ties with Riyadh after dropping a legal case on the killing of journalist Jamal Khashoggi in Istanbul. Relations have been tense since a Saudi hit team killed Khashoggi at the kingdom’s Istanbul […] April 27, 2022
Saudi Arabia, France pledge $30m for Lebanon aid France and Saudi Arabia announced a joint development fund for crisis-hit Lebanon on Tuesday, pledging an initial $30 million to support food security and the country’s crippled health sector, a French embassy statement said. The funds will be routed to humanitarian projects to provide emergency aid, including food, to the most vulnerable populations in Lebanon, […] April 27, 2022
‘Great Resignation’ sees more companies offer equity to staff Companies in North America and Europe plan to give more employees an equity stake in their businesses to help retain talent amid a pandemic-induced “GreatResignation”, a survey showed on Wednesday. Global Equity Organization (GEO), a not-for-profit body tracking global share plans and executive compensation, said 25 percent of North American companies and 22 percent of European firms surveyed said they […] April 27, 2022
Erdogan ready to lift all coronavirus measures in Turkey President Tayyip Erdogan said on Tuesday that Turkey is ready to lift all measures against the coronavirus, adding that mask wearing will no longer be obligatory indoors. Speaking after the final meeting of the advisory science council, Erdogan said masks will still be mandated on public transport and in medical institutions until daily new cases […] April 26, 2022
Media & Advertising Advertisers unfriend as Facebook owner heads for dismal quarter Facebook-owner Meta Platforms is expected to report its slowest quarterly ad revenue growth in a decade on Wednesday, as businesses pull back on ad spending against the backdrop of soaring inflation worldwide and the war in Ukraine. Global advertising and marketing budgets will be strained further if the Ukraine crisis drags on in the coming […] April 26, 2022
Britain to allow poultry outside as bird flu threat recedes A mandatory housing order for poultry and captive birds in Britain is to be lifted, effective May 2, with the threat of bird flu now decreasing after the country’s worst-ever outbreak. The four chief veterinary officers, with responsibilities for England, Scotland, Wales and Northern Ireland, announced the move in a joint statement on Monday, opening […] April 25, 2022
Turtle Beach explores options to defend against hedge fund Turtle Beach Corp is looking at strategic alternatives including a possible sale, the company said, as it seeks to defend itself against a hedge fund which is seeking to replace all of the gaming equipment company’s six board members. Investment advisory firm Donerail Group and Turtle Beach have both made regulatory filings urging the company’s […] April 25, 2022
UnitedHealth to sell claims business for $2.2bn UnitedHealth Group has agreed to sell Change Healthcare’s claims editing business for $2.2 billion in a move some analysts say could ease regulatoryhurdles in the way of an $8 billion merger between the healthcare companies. Earlier this year, the U.S. Department of Justice (DoJ) sued to stop the acquisition for giving UnitedHealth access to competitors’ data, forcing the companies to […] April 25, 2022
Dubai school operator Taaleem in preliminary talks for IPO Dubai school operator Taaleem is in preliminary talks with banks for an initial public offering in Dubai, two sources told Reuters, a transaction that would test market appetite for UAE’s education sector. The private education sector in the United Arab Emirates (UAE) is recovering from a slowdown during the peak of the coronavirus pandemic. Schools […] April 8, 2022