At least 24 people have died in South Korea’s worst wildfires, with most victims in their 60s and 70s and 26 injured, 12 critically. The fires have forced over 23,000 people to evacuate, destroyed 17,000 hectares of forest, and killed 18 within a few days, making it the deadliest wildfire in the country’s history. The fires, fueled by strong winds, have ravaged multiple counties, including Uiseong where a 1,300-year-old temple and national treasures were lost, prompting a national emergency response.
Full Article
Warner Bros Discovery shareholders reject chief executive David Zaslav’s $52mn pay package
Warner Bros Discovery shareholders voted against CEO David Zaslav's $52 million pay package amid significant share price declines, although the vote is nonbinding. Zaslav's compensation has faced scrutiny since a $247 million stock options-heavy package was awarded in 2021, with investors criticizing the board's alignment of his pay to cash flow goals. Amidst nearly 60% share value losses since the 2022 merger and a lowered credit rating by S&P Global, analysts suggest a potential spin-off...
Read more