US shares sink over 2 per cent on global economy worries
US shares sank more than 2 per cent on Thursday with the Dow dropping to its lowest level for 2015 as worries spread about the strength of the world economy.
The broad-based selloff capped a day of sharp falls from Asia to Europe, as concerns mounted that China’s slowdown would drag on global growth.
The Dow Jones Industrial Average finished down 358.04 points (2.06 per cent) at 16,990.69.
Greece’s Tsipras resigns, calls snap polls to beat party revolt
Greek Prime Minister Alexis Tsipras announced his resignation and called for snap elections on Thursday, as he went on the offensive to defend the country’s massive bailout after it triggered a rebellion within his own hard-left party.
Tsipras did not give a date for the new polls but they are expected to be held on Sept 20, the state news agency ANA said, citing government sources.
In a live televised address to the nation, the 41-year-old premier said he had worked hard to secure the best possible rescue package for his country, but he now needed a clear new mandate from the Greek people after it cost him his parliamentary majority.
Jimmy Carter says cancer has spread to brain
Jimmy Carter, the former US president turned Nobel peace laureate and global humanitarian, revealed Thursday he has cancer on his brain but said he feels at peace and grateful for having lived a full life.
The 90-year-old Carter told a press conference that the finding of the four melanoma spots stemmed from a procedure in which a tumor was removed from his liver earlier this month.
“They did an MRI and found that there were four spots of melanoma on my brain,” Carter told reporters in Atlanta.
Santa Claus files for bankruptcy in Finland
Santa Claus is broke and has filed for bankruptcy in Finland, or at least a popular tourist attraction on the Arctic Circle has done so.
According to court documents on Thursday, Dianordia, a company which fulfils the dreams of children and their families from all over the world to meet Santa Claus in person, needs a bit of Christmas cheer.
Tax authorities have filed a bankruptcy case in court as Dianordia owes over €200,000 (S$314,000) in taxes.
Jennifer Lawrence tops list of highest-paid actresses
The odds really were in Jennifer Lawrence’s favour last year as she raked in US$52 million (S$73 million), topping a ranking of the highest-paid actresses by a wide margin.
The Hunger Games star easily surpassed the US$35.5 million second-place Scarlett Johansson earned over the past 12 months, according to Forbes magazine’s annual estimates of the earnings of Hollywood’s top female stars, released Thursday.
All told, four women made more than US$20 million from their acting and endorsements, before taxes and fees, while 21 male actors did, underlining a lingering pay gap in Tinseltown.