MPs brand UK financial regulator 'incompetent'

A propeller plane crashed onto a Texas highway, resulting in four individuals being taken to hospitals for treatment. The incident was captured on video, showcasing the dramatic scene of the plane coming down on the road. The cause of the crash and the condition of those involved have not been disclosed at this time. Full Article

Elon Musk's SpaceX reached a valuation of $350 billion through a $1.25 billion secondary share sale at $185 a share, with SpaceX purchasing $500 million in common stock. This valuation marks a 67% increase from its previous high of $210 billion in a June sale, showcasing the company's financial strength and dominant position in the space industry. SpaceX's Starlink satellite internet business and ongoing development of the Starship rocket are key drivers of its success,...

In a soft diplomacy move aimed at countering Chinese influence in the South Pacific, Papua New Guinea will have its own team in Australia's National Rugby League starting in 2028, with Australia committing $380 million over a decade for this initiative. Prime Ministers Anthony Albanese and James Marape announced this deal, along with a bilateral security agreement, to enhance regional security and strengthen ties between the two nations, emphasizing the importance of people-to-people relations in...

In the aftermath of the collapse of the Assad regime in Syria, insurgents are planning to resurrect the state by borrowing weapons from Syrian opposition fighters and utilizing captured government forces' tanks. A youth was seen posing for a picture on top of a tank left on a street in Damascus, symbolizing the rebels' determination to rebuild the country after the regime's downfall. The image captures the rebels' efforts to seize control and establish a...

The Los Angeles City Council voted to raise the minimum wage for over 23,000 tourism workers to $30 per hour by July 2028, with incremental increases starting at $22.50 in July. Labor unions supported the move, citing the need for workers to keep up with rising costs. Some business leaders expressed concerns about the impact on hotels and LAX concessionaires, warning of potential closures and economic repercussions. Full Article

The giant cliffs near Fethiye, Turkey, hold ancient Lycian rock tombs dating back over 2,000 years, reflecting the wealth and status of their occupants with impressive facades and simple interiors. One tomb, discovered in the Demre area, formed a unique link to Santa Claus, sparking archaeological interest and attracting tourists. The elevated placement of the tombs, overlooking land and sea, adds to their mystique and fuels local legends about winged creatures transporting the dead to...