probe | Common News Update

Mar302021 by adminNo Comments

With ship now freed, a probe into Suez Canal blockage begins

World

SUEZ, Egypt -- Experts boarded the massive container ship Tuesday that had blocked Egypt's vital Suez Canal and disrupted global trade for nearly a week, seeking answers to a single question that could have billions of dollars in legal repercussions: What went wrong?As convoys of ships again began traveling through the artery linking the Mediterranean and Red Seas, a canal service provider said more than 300 vessels carrying everything from crude oil to cattle were waiting for their turn, a process that will take days. Egyptian government officials, insurers, shippers and others similarly waited for more details about what caused the skyscraper-sized Ever Given to become wedged across the canal on March 23.When blame gets assigned, it will likely lead to years of litigation to recoup the c...

Feb152021 by adminNo Comments

Rangers probe follows break up of Glasgow house party by police

Sports

Rangers have launched an internal investigation after police broke up a party in Glasgow in the early hours of Sunday morning.Covid-19 lockdown restrictions mean no indoor mixing of households is allowed in Scotland under normal circumstances.The Scottish Premiership club issued a short statement on Twitter."Rangers are aware of an alleged incident which is subject to an internal investigation," the Scottish Premiership leaders said. "We will make no further comment."A Police Scotland spokesman said: "We received a report of a gathering at a property in Hayburn Lane, Glasgow, around 1.10am on Sunday, 14 February."Officers attended and those in attendance left. Ten people were issued with fixed penalty notices for breaching coronavirus regulations."It is not clear if any Rangers players wer...

Feb142021 by adminNo Comments

UAE’s Hope probe: First photo from Mars mission released

Technology

The United Arab Emirates has published the first image of Mars sent by its space probe.The picture, taken on Wednesday, shows sunlight coming across the surface of Mars, as well as the planet's north pole and largest volcano, Olympus Mons. The image comes from the spacecraft named Hope, or Amal in Arabic, which swung into orbit around Mars on Tuesday following a seven-month flight. Image: The probe is called Hope, or Amal in Arabic It is a triumph for the Arab world's first interplanetary mission and makes the UAE the fifth nation to ever reach the red planet.The £160m satellite aims to provide a picture of the Martian atmosphere by studying daily and seasonal changes on the planet and is the first of three space missions due to reach...

Feb92021 by adminNo Comments

Emirates to broadcast commentary on arrival of Mars probe

Science

Feb. 9 (UPI) -- A United Arab Emirates spacecraft, the Mars orbiter Hope, is scheduled to enter orbit around the Red Planet about 10:30 a.m. EST Tuesday. The probe will be the first since NASA's Insight lander in November 2018 to reach the planet. Hope (or Al Amal in Arabic) will study the Martian atmosphere for at least two years. Advertisement But first, it must fire thrusters for 27 minutes to achieve its intended orbit, as teams of scientists and space enthusiasts around the world await word on its fate. "It's going to be incredible. I mean, this is the moment, especially, that the engineers have been working toward for six years," Pete Withnell, a program manager for the Hope mission at the University of Colorado Boulder, said Friday. "To see it unfold will be a momentous occasion f...

Jan282021 by adminNo Comments

Reddit forum’s role in Gamestop shares frenzy faces regulatory probe

Business

US financial market regulators are to review the extraordinary rallies in the shares of struggling gaming retailer Gamestop, part-driven by participants of an investor forum on Reddit.The Securities and Exchange Commission said it was working with fellow regulators to "assess the situation and review the activities of regulated entities, financial intermediaries, and other market participants." The action reflects deep and widespread concern over the functioning of financial markets.Gamestop shares were up by 1,744% in the year to date - with a market value above $ 20bn - at the close of trading on Wednesday night. Image: The share frenzy has attracted White House scrutiny as treasury secretary Janet Yellen monitors developments The v...