Social Responsibility

Daughter of tycoon Mike Lynch rescued after superyacht sinks off Sicily

Daughter of tycoon Mike Lynch rescued after superyacht sinks off Sicily

Divers successfully located Hannah Lynch, daughter of British tech tycoon Mike Lynch, among the submerged remains of a luxury yacht on Friday evening, a reliable source said. Hannah, 18, was the last of six people missing after the Bayesian hit a severe storm and sank early Monday. Authorities confirmed six bodies were recovered from the yacht, including tech entrepreneur Mike Lynch and his daughter; Morgan Stanley International Chairman Jonathan Bloomer and his wife Judy, a charity trustee; and Clifford Chance attorney Chris Morvillo and his wife Neda, a jewelry designer. Earlier this week, the death of Recaldo Thomas, a Canadian…
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Nvidia in the spotlight in the last week of a volatile August

Nvidia in the spotlight in the last week of a volatile August

As we bid farewell to another tumultuous month in the financial markets, Nvidia stands out as a beacon of interest for investors and market analysts. The technology sector, known for its rapid growth and equally rapid fluctuations, has seen its fair share of ups and downs this August. In this context, Nvidia’s performance in the coming week is highly anticipated, potentially offering insights into broader market trends and the health of the sector. Why Nvidia? Nvidia, a leader in graphics processing units (GPUs) and artificial intelligence (AI) technologies, often serves as a barometer for the technology industry. The company’s innovative…
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Deutsche Bank shares up 4% after settlement of major Postbank acquisition lawsuit

Deutsche Bank shares up 4% after settlement of major Postbank acquisition lawsuit

Deutsche Bank has successfully negotiated settlements with about 60 percent of the plaintiffs in a long-running legal battle over allegations that it undervalued its acquisition of Postbank. That acquisition occurred more than a decade ago. In a recent announcement, Deutsche Bank revealed that it has finalized agreements with more than 80 claimants at a rate of 31 euros ($34.53) per share, as originally offered by the bank. This agreement is expected to positively impact Deutsche Bank's third-quarter pre-tax profit of 430 million euros. By the close of trading at 4.25pm ​​in London, Deutsche Bank shares had risen 3.95%, hitting a…
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Former pardoned man arrested in New York on several assault charges

Former pardoned man arrested in New York on several assault charges

In a recent turn of events, a former New York drug dealer whose 10-year federal sentence was commuted by former President Donald Trump in 2021 has been arrested on domestic violence and assault charges. Court documents reveal that Jonathan Braun, 41, now faces charges in Nassau County Court on Long Island for physically assaulting his 75-year-old father-in-law and his wife. On Tuesday, authorities allege Braun punched his father-in-law twice in the face as the older man tried to defend his daughter. Braun also allegedly pushed his wife out of bed on July 17, causing serious injuries to her legs, and…
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