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WeWork eliminates $4bn in debt after judge approves bankruptcy plan

30 May 2024 at 12:46

Days after co-founder dropped buying bid, the company claims it is set for ‘sustainable, profitable growth’ and to re-emerge next month

A US bankruptcy judge approved WeWork’s Chapter 11 bankruptcy plan, enabling the struggling shared office space provider to eliminate $4bn of debt and handing control over to a group of lenders and real estate tech firm Yardi Systems.

Days after Adam Neumann, co-founder and ex-CEO, confirmed he had shelved a bid to buy the business, WeWork said it expected to emerge from bankruptcy next month.

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© Photograph: Bloomberg/Getty Images

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© Photograph: Bloomberg/Getty Images

Israel in effective control of entire Gaza land border after taking Philadelphi Corridor in south

29 May 2024 at 21:48

The IDF says that it is in ‘operational’ control of the buffer zone on Egypt’s border, a move which risks complicating relations with Cairo, amid Rafah offensive

Israel is in effective control of Gaza’s entire land border after taking control of a buffer zone along the border with Egypt, Israel’s military has said, a move that risks complicating its relationship with Egypt.

In a televised briefing on Wednesday, chief military spokesperson Daniel Hagari said Israeli forces had gained “operational” control over the Philadelphi Corridor, using the Israeli military’s code name for the 14km-long corridor along the Gaza Strip’s only border with Egypt.

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© Photograph: Xinhua/REX/Shutterstock

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© Photograph: Xinhua/REX/Shutterstock

Oil giant ConocoPhillips to buy Marathon Oil in $17.1bn deal

29 May 2024 at 09:01

Takeover is latest by a US conglomerate gambling on fossil fuel production as profits surge on rising energy prices

ConocoPhillips is to buy Marathon Oil in an all-stock deal valued at about $17.1bn as profits at big oil giants surge on rising energy prices.

It is the latest American energy conglomerate to place a vast bet on fossil fuel production. Oil giant ExxonMobil completed its $59.5bn acquisition of the shale group Pioneer Natural Resources earlier this month, and Chevron is vying to get its $53bn deal for the oil producer Hess Corporation across the line.

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© Photograph: John Greim/LightRocket/Getty Images

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© Photograph: John Greim/LightRocket/Getty Images

White House says Israel’s latest actions in Rafah do not cross US red line

29 May 2024 at 04:37

Washington says it is also monitoring Israel’s inquiry into attack on Sunday that killed at least 45 people in Gaza camp

The Biden administration has said recent Israeli operations and attacks in Gaza’s southern city of Rafah do not constitute a major ground operation that crosses any US red lines, adding that it is also closely monitoring an investigation into Sunday’s deadly strike on a tent camp.

Speaking after Israeli tanks were seen near al-Awda mosque, a landmark in central Rafah, the national security council spokesperson, John Kirby, told reporters the US was not turning a “blind eye” to the plight of Palestinian civilians.

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© Photograph: Anadolu/Getty Images

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© Photograph: Anadolu/Getty Images

Papua New Guinea PM blames extraordinary rainfall for deadly landslide

29 May 2024 at 01:22

James Marape says the estimated death toll is more than 2,000 people, as rescue efforts in Enga province continue

Papua New Guinea’s prime minister James Marape has blamed “extraordinary rainfall” and changes to weather patterns for multiple disasters in the Pacific Island nation this year, including a landslide last week which may have killed thousands.

Parts of a mountain in the Maip-Mulitaka area in Enga province in PNG’s north collapsed in the early hours of last Friday and Marape said more than 2,000 people are estimated to have died, with up to 70,000 people living in the area affected by the disaster.

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© Photograph: Juho Valta/AP

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© Photograph: Juho Valta/AP

David DePape apologizes for attacking Paul Pelosi and gets 30-year sentence – again

28 May 2024 at 15:53

DePape, who didn’t get to speak in court in original trial on assault of Nancy’s Pelosi’s husband, gets no change to original sentence

The man who was convicted of assaulting then US House speaker Nancy Pelosi’s husband in 2022 was re-sentenced to 30 years in prison on Tuesday, with no change in the original sentence after the case was reopened so he could speak during his sentencing hearing, local news reported.

David DePape was originally sentenced to 30 years in prison on 17 May for forcibly entering Pelosi’s home in San Francisco early on 28 October 2022 and clubbing her husband, Paul, in the head with a hammer in a politically motivated attack.

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© Photograph: Arthur Dong/EPA

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© Photograph: Arthur Dong/EPA

Adam Neumann drops bid to acquire bankrupt WeWork

28 May 2024 at 08:52

Former CEO of shared office space provider was ousted from company in 2019 following botched attempt to take it public

The WeWork founder Adam Neumann has shelved his bid to acquire the bankrupt shared office space provider.

It emerged earlier this year that Neumann, who was ousted from the business in 2019 following a botched attempt to take it public on the stock market, was seeking to buy the business. His new real estate venture, Flow Global, submitted a bid of more than $500m to take over WeWork and its assets.

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© Photograph: VCG/Visual China Group/Getty Images

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© Photograph: VCG/Visual China Group/Getty Images

Ukraine war briefing: Death toll from Russian strikes on Kharkiv DIY store rises to 16

26 May 2024 at 20:56

More than 40 people were wounded in the attack, while several more are still missing. What we know on day 824

The death toll from Russian strikes on a hardware store in the eastern Ukrainian city of Kharkiv rose to 16 on Sunday, authorities said, as rescuers continued to search the charred debris for bodies. The dead included a 12-year-old girl. Another 43 people were wounded and several people were listed as missing.

Ukraine’s president, Volodymyr Zelenskiy, released a desperate video plea calling on world leaders to attend a “peace summit” in Switzerland. Zelenskiy appealed in particular to the US president, Joe Biden, and the Chinese leader, Xi Jinping, to attend the summit, which is due to start on 15 June. “Please, show your leadership in advancing the peace – the real peace and not just a pause between the strikes,” said Zelenskiy in English. Biden has not yet confirmed his attendance and it is not known whether China will attend – “negotiations are ongoing” over Beijing’s participation, Zelenskiy’s aide Mykhailo Podolyak said in an interview last week.

Zelenskiy is set to meet Spanish prime minister Pedro Sánchez in Madrid on Monday, as well as King Felipe VI. Earlier this month, Zelenskiy postponed all upcoming foreign visits, including the trip to Spain that had been scheduled for 17 May, after Russia launched an offensive in the north of the Kharkiv region.

Ukrainian prosecutors said Russian shelling on Sunday killed three people in three different towns in the Donetsk region, another focal point for the Russian military’s onslaught. Prosecutors in Donetsk region, which Russia has annexed though it does not control all of its territory, said civilians had died in Siversk in the north of the region and further south in Krasnohorivka and Chasiv Yar.

Russian forces have also taken over the village of Berestove in Ukraine’s northeastern Kharkiv region, the Tass news agency reported, citing Russia’s defence ministry. The report could not be verified.

Italy’s prime minister Giorgia Meloni reiterated her opposition to weapons supplied to Ukraine being used on Russian soil, after Nato chief Jens Stoltenberg told the Economist the restriction should be lifted. “I don’t know why Stoltenberg said such a thing, I think we have to be very careful,” Meloni told Italian television, while adding that “I agree that Nato must remain firm, not give the signal that it is giving in.”

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© Photograph: Sergey Kozlov/EPA

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© Photograph: Sergey Kozlov/EPA

‘They’re out of control’: flock of 100 feral chickens torments village

26 May 2024 at 11:36

Residents of Snettisham, Norfolk, say birds are destroying their gardens, while food left out for them is attracting rats

The clucking nuisance of about 100 feral chickens has left residents of a Norfolk village spitting feathers, with locals claiming the birds destroy their gardens and keep them awake.

Dwellers in Snettisham, Norfolk, have said their life is being made “hell” as the chickens swarm in from a nearby wood. It is unclear who owns the land the chickens live on, but villagers believe numbers have soared recently.

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© Photograph: ACM1988/Getty Images/iStockphoto

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© Photograph: ACM1988/Getty Images/iStockphoto

Israel-Gaza war: anti-government protesters clash with Tel Aviv police and demand hostage deal

25 May 2024 at 23:02

Demonstrators also called for resignation of Israeli PM Benjamin Netanyahu and for fresh elections

Scuffles between Israeli police and protesters have erupted in Tel Aviv after thousands gathered to demonstrate against the government and demand that it bring back the hostages being held by Hamas in Gaza.

Meanwhile, a small US military vessel and what appeared to be a strip of docking area washed up on a beach near the southern Israeli city of Ashdod on Saturday, not far from the US-built pier on which the Israeli military said humanitarian aid is moving into the Palestinian territory.

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© Photograph: Amir Levy/Getty Images

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© Photograph: Amir Levy/Getty Images

Ukraine war briefing: Zelenskiy says Kyiv’s forces have taken control of Kharkiv border area

24 May 2024 at 21:42

President’s comments at odds with Russian claims over Vovchansk border town; US announces new $275m aid package for Ukraine. What we know on day 822

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© Photograph: Telegram/@oleksiykuleba/AFP/Getty Images

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© Photograph: Telegram/@oleksiykuleba/AFP/Getty Images

Stage collapses at Mexico campaign rally leaving nine dead

23 May 2024 at 05:33

Wind causes part of stage to fall at event for presidential candidate Jorge Álvarez Máynez in San Pedro Garza García

Nine people were killed and at least 50 others injured when a stage structure collapsed at a campaign event for the Mexican presidential candidate Jorge Álvarez Máynez, local officials have said.

Mexico’s president, Andrés Manuel López Obrador, said a gust of wind caused the accident in the city of San Pedro Garza García in the northern state of Nuevo León.

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© Photograph: Miguel Sierra/EPA

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© Photograph: Miguel Sierra/EPA

OpenAI and Wall Street Journal owner News Corp sign content deal

22 May 2024 at 17:39

Deal lets ChatGPT maker use all articles from Wall Street Journal, New York Post, Times and Sunday Times for AI model development

ChatGPT developer OpenAI has signed a deal to bring news content from the Wall Street Journal, the New York Post, the Times and the Sunday Times to the artificial intelligence platform, the companies said on Wednesday. Neither party disclosed a dollar figure for the deal.

The deal will give OpenAI access to current and archived content from all of News Corp’s publications. The deal comes weeks after the AI heavyweight signed a deal with the Financial Times to license its content for the development of AI models. Earlier this year, OpenAI inked a similar contract with Axel Springer, the parent company of Business Insider and Politico.

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© Photograph: Michael Dwyer/AP

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© Photograph: Michael Dwyer/AP

‘Dunkirk spirit’: convoy of Ulez scrappage scheme vehicles arrives in Ukraine from London

20 May 2024 at 20:57

Some vehicles that do not meet standards in ultra-low emission zone are being donated to help relief efforts

A convoy of 20 vehicles donated to Ukraine through London’s ultra-low emission zone (Ulez) scrappage scheme arrived over the weekend, a charity has said.

More than 100 vehicles have been donated to Ukraine through the Ulez programme since it was permitted from 15 March, with around half delivered so far.

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© Photograph: Nick Turpin/TFL/PA

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© Photograph: Nick Turpin/TFL/PA

Ukraine war briefing: Russian forces launch deadly attack on Kharkiv lakeside resort

19 May 2024 at 20:47

Six people killed and dozens wounded after two waves of strikes on resort on edge of city, with more attacks in wider region killing five. What we know on day 817

Russia struck a lakeside resort on the edge of Kharkiv on Sunday and attacked villages in the surrounding region, killing at least 11 people and wounding scores. Prosecutors said six people were killed in the resort, with one missing and 27 wounded. Rescuers said the initial strike was followed by a second strike about 20 minutes later, targeting emergency crews at the scene in a “double tap”. “There were never any soldiers here,” said Yaroslav Trofimko, a police inspector who arrived after the first strike and was then caught up in the second. Another five people were killed and nine injured later in the day in two villages in Kupiansk district. Local governor Oleh Syniehubov said Russian forces shelled two villages of the district with a self-propelled multiple rocket launcher. Prosecutors said one person was killed in Russian shelling in the town of Vovchansk, a town at the centre of a Russian incursion launched just over a week ago. Three people were wounded. The missile strikes were the latest in what have been constant Russian attacks in recent weeks on the Kharkiv region of north-eastern Ukraine, where Russian troops have launched an offensive.

Britain and Finland will sign a strategic partnership on Monday to strengthen ties and counter the threat of Russian aggression, UK foreign secretary David Cameron has said. The two countries will declare Russia as “the most significant and direct threat to European peace and stability”, according to a Foreign Office press release. “As we stand together to support Ukraine, including through providing military aid and training, we are clear that the threat of Russian aggression, following the war it started, will not be tolerated,” said Cameron. The countries will work together to counter Russian disinformation, malicious cyber activities and support Ukraine’s recovery, reconstruction, and modernisation, according to the Foreign Office.

Ukrainian president Volodymyr Zelenskiy said Ukraine’s armed forces have strengthened their positions in Kharkiv this week and that they were “effectively destroying” occupying forces in Donetsk region, particularly near Chasiv Yar. “In fact, the occupiers fail to achieve their goal of stretching our forces thin and weakening Ukraine across a wide front from the Kharkiv to the Donetsk regions,” he said.

The Ukrainian military shelled areas of Russia’s southern Belgorod region on Sunday, injuring at least 13 people and damaging dwellings, regional governor Vyacheslav Gladkov said. Gladkov wrote on Telegram that multiple-launch rockets hit the town of Shebekino, injuring 11 people, including three children. Seven apartment buildings sustained damage. On the town’s eastern fringe, in the village of Rzhevka, two people were injured in shelling by the Ukrainian military, Gladkov said. At least one dwelling was badly damaged. The reports could not be independently verified. Ukraine has staged frequent attacks on towns and villages on Russian regions on its border.

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© Photograph: Evgeniy Maloletka/AP

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© Photograph: Evgeniy Maloletka/AP

French forces launch ‘major operation’ in New Caledonia, as unrest claims another life

19 May 2024 at 00:36

Operation will aim to retake road linking airport with Noumea, as the capital’s mayor says the situation is ‘not improving’

French forces have launched a “major operation” to regain control of a road linking New Caledonia’s capital Noumea to the main international airport, as another person was killed in a sixth night of violent unrest.

Officials said more than 600 heavily armed gendarmes were dispatched to secure Route Territoriale 1, the main road connecting the capital with the airport. Flights to and from New Caledonia’s main island have been cancelled since the unrest began, stranding travellers and cutting off trade routes.

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© Photograph: Delphine Mayeur/AFP/Getty Images

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© Photograph: Delphine Mayeur/AFP/Getty Images

Indonesia’s Ibu volcano spectacularly erupts forcing nearby villages to evacuate

18 May 2024 at 23:25

The volcano on the remote island of Halmahera spewed grey ash clouds into the sky as streaks of purple lightning flashed around its crater

A volcano on the remote Indonesian island of Halmahera has spectacularly erupted, spewing a grey ash cloud into the sky and forcing people from seven nearby villages to evacuate, authorities have said.

Mount Ibu erupted on Saturday evening, sending ash 4km into the sky, as streaks of purple lightning flashed around its crater, according to information and images shared by Indonesia’s volcanology agency.

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© Photograph: PVMBG/EPA

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© Photograph: PVMBG/EPA

Rudy Giuliani indicted for role in Arizona fake-elector scheme

18 May 2024 at 18:42

Ex-New York mayor last of 17 defendants to be served in plot to overturn Donald Trump’s election loss to Joe Biden in 2020

Former New York mayor Rudy Giuliani is the last of 17 defendants to be served an indictment in Arizona’s fake-elector case for his role in an attempt to overturn Donald Trump’s loss to Joe Biden in the 2020 election, the Arizona attorney general said.

Kris Mayes posted the news regarding the Trump-aligned lawyer on her Twitter/X account late Friday.

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© Photograph: Bonnie Cash/Reuters

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© Photograph: Bonnie Cash/Reuters

Fresh floods in Afghanistan kill at least 60 after heavy rain brings devastation

18 May 2024 at 13:00

Thousands of homes and farming land damaged in Ghor province, a week after over 300 people killed in flash floods

At least 60 people have been killed in a fresh bout of heavy rain and flooding in central Afghanistan, according to an official.

Dozens others remained missing, said Abdul Wahid Hamas, spokesperson for Ghor’s provincial governor, on Saturday. He said the province had suffered significant financial losses, with thousands of homes and properties damaged and hundreds of hectares of agricultural land destroyed in the floods on Friday, including in the province’s capital city, Feroz Koh.

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© Photograph: AFP/Getty Images

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© Photograph: AFP/Getty Images

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