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Amazon signs $11.57 billion deal for satellite firm Globalstar to challenge Musk’s Starlink

April 14, 2026, 8:20 a.m. ET Amazon.com said on Tuesday it would acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it looks to take on bigger rival SpaceX’s Starlink. Shares of satellite company Globalstar were up more than 9% in premarket trading, after gaining over 6% in the past two weeks following media reports of the companies’

A devotee dressed as a townsperson takes part in a Way of the Cross reenactment in Arraijan, Panama, Good Friday, April 3, 2026. (AP Photo/Matias Delacroix)

Hormuz Mission Talks to Focus on Sanctions, Seafarer Releases, Shipping Readiness – Source

PARIS, April 14 (Reuters) – ⁠Diplomatic ⁠meetings led ⁠by France and Britain ​this week to discuss a ‌potential future multinational ‌mission will be ⁠structured ⁠around a series of working groups, ranging ​from possible sanctions on Iran to cooperation with industry ​to ensure maritime transit, a ⁠person familiar ⁠with the ⁠matter said. According ​to the person,

Hong Kong retiree gets one year in jail for seditious social media comments

Hong Kong retiree gets one year in jail for seditious social media comments

Former salesman Raymond Chong Wai-man, 61, pleaded guilty on Tuesday at West Kowloon Court to knowingly publishing 53 seditious Facebook posts that denigrated the central and local authorities between March 26, 2024 and November 29 last year. Chong, a father of two, drew official ire after commenting on the inferno in Tai Po that engulfed

One of Wall Street’s Premier Indicators Just Hit a 74-Year Low — and It Suggests a Big Move in Stocks Is Imminent

Until recently, the stock market appeared unstoppable. The dynamic Dow Jones Industrial Average (^DJI +0.63%), benchmark S&P 500 (^GSPC +1.02%), and artificial intelligence-inspired Nasdaq Composite (^IXIC +1.23%) had all reached record-closing highs since late October. But mounting uncertainties have investors second-guessing the current bull market. Despite a mammoth rally in equities last week, one of

Secretary for Home and Youth Affairs Alice Mak. Photo: Jonathan Wong

Hong Kong’s basketball betting U-turn ‘aligns with Beijing gambling clampdown’

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New York’s Met to debut glittering global jewellery exhibition in Hong Kong

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Diamond-studded necklaces, golden pectorals and ceremonial small swords are among about 200 jewellery and decorative pieces, covering 4,000 years of history across five continents, to be showcased in Hong Kong from Wednesday. Titled “Treasures of Global Jewellery from the Metropolitan Museum of Art: The Body Transformed”, the show at the Hong Kong Palace Museum marks

This Bond ETF Could Be the Best Buy for the Next 5-10 Years

It often feels as if investors are facing massive uncertainty and volatility on all fronts. Whether it’s worries about high valuations of tech stocks, a possible artificial intelligence (AI) bubble, or ongoing energy price shocks and disruptions from the Iran War, many investors are looking for a safe place to land. The past 16 years

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Public universities admit 65 non-local DSE pupils last year, a fivefold jump since 2022

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The number of non-local students admitted to Hong Kong’s public universities with Diploma of Secondary Education (DSE) qualifications has risen fivefold in four years, according to the Education Bureau. By comparison, the number of local DSE candidates who qualified for those universities fell by 5 per cent over the same period, the bureau said on

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Put Not Your Trust in Techno-Kings

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A devotee dressed as a townsperson takes part in a Way of the Cross reenactment in Arraijan, Panama, Good Friday, April 3, 2026. (AP Photo/Matias Delacroix)

China Evergrande’s Billionaire Boss Falls From Circles of Power to Fraud Plea

HONG KONG, April 14 (Reuters) – Mingling with power brokers at centenary celebrations of the ⁠Chinese ⁠Communist Party on July 1, 2021, a beaming ⁠Hui Ka Yan betrayed no sign of the pressure mounting on his property company, China Evergrande Group, the world’s most ​indebted. Hui looked relaxed in navy-blue suit and open-necked shirt as

Luke Ferraris, Mark Newnham and wife Donna celebrate My Wish's win

Newnham, Fownes battle for Hong Kong trainers’ title

There’s no prize money for winning the Hong Kong trainers’ championship. Not a cent. It’s all sporting pride and glory – every trainer in this town wants it on the CV, wants their name up on that board, wants to be called champion. And here’s the other thing people forget: the championship isn’t decided by

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