Last Madoff victim fund payout brings recovery to nearly 94% of Ponzi scheme losses, DOJ says

The US-flagged Stenna Immaculate was struck by the Portuguese-flagged cargo ship Solong off the coast of East Yorkshire, causing a massive fireball and prompting a 12-hour rescue operation. Thirty-six people were rescued, one sailor is missing and presumed dead, and another was hospitalized. An American sailor on board described the harrowing experience of the collision, with flames erupting around him as the Solong continued to drive into his ship for what felt like 10 minutes....

After 'milestone' talks with the United States, Ukraine agreed to Washington's proposal for a 30-day ceasefire with Russia, including resuming military aid and intelligence sharing. U.S. Secretary of State Marco Rubio confirmed the agreement after negotiations in Saudi Arabia, stating that the offer would be taken to Moscow. Ukrainian President Zelenskiy expressed readiness to accept the ceasefire proposal, which involves halting missile and drone attacks along the entire front line. Full Article

Energy Australia is facing charges over a fire at its Yallourn power station, with WorkSafe alleging a failure to provide a safe working environment for employees after a blaze in 2021. Despite no injuries, internal damage was caused, leading to the company accepting a breach of the Occupational Health and Safety Act. Company lawyers argue for a fine without conviction, citing the site's strong safety record spanning over two decades and comprehensive fire safety systems...

Former St Kents student Xavi Taele, a recipient of the Michael Garner Scholarship and named in the New Zealand Under-20 side, is set to debut for the Blues at second five-eighths against the Chiefs in Hamilton. The young midfielder, also the captain of the St Kents First XV, aims to help the struggling Blues team secure a much-needed win in the Super Rugby Pacific competition. Taele's selection showcases the talent and potential he possesses, following...

Ukraine has agreed to a 30-day ceasefire with Russia following US-Ukraine talks in Saudi Arabia, with US Secretary of State Marco Rubio presenting the offer to Russia. The US will restart intelligence sharing and security assistance to Ukraine, aiming for enduring peace negotiations, while Russian responses remain awaited. The shift in America's approach to the conflict may involve Europe in the peace process, with potential further discussions and agreements on critical minerals deals between the...

DeepSeek's AI breakthrough in China has sparked a resurgence in venture capital interest, with Insilico Medicine securing a $110 million series E financing round led by Value Partners. The company, backed by Qiming Ventures, utilizes AI technology for drug development, with several drugs already approved for clinical testing. The success of DeepSeek has also attracted global investors looking to invest in Chinese AI companies, signaling a potential revival in funding opportunities. Full Article