Australia kicks off global New Year party defying terror threat

December 31, 2016

Sydney, Dec 31: Global terror attacks have cast a pall over 2016 but Australia was today set to defy the threats and ring in the New Year with bumper crowds gathering to watch a firework extravaganza on Sydney's glittering harbour.

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2016 has seen repeated bloodshed, most recently a deadly truck attack at a Berlin Christmas market, a similar incident on Bastille Day in France that killed 86, and atrocities in Turkey and the Middle East.

Some 1.5 million people are packing Australia's biggest city to watch the midnight fireworks, a larger-than-usual crowd due to the weekend timing and warm weather, as the New South Wales state premier urged "business as usual".

"My encouragement to everyone is to enjoy New Year's Eve... in the knowledge that police are doing everything they can to keep us safe," Premier Mike Baird said.

Some 2,000 extra officers have been deployed after a man was arrested for allegedly making online threats against the celebrations.

There were a number of other reported threats this holiday period, in Asia-Pacific and elsewhere.

In Melbourne, police foiled a "significant" Islamic State-inspired Christmas Day terror plot.

Indonesia said it foiled plans by an IS-linked group for a Christmas-time suicide bombing, and 52 died in the Philippines in bomb attacks blamed on Islamist militants.

Israel on Friday issued a warning of imminent "terrorist attacks" to tourists and western targets in India, telling its citizens to avoid public places.

Meanwhile in Japan, shoppers filled markets to buy tuna and crabs -- seen as expensive items of indulgence and special feasts -- for New Year's Day family gatherings.

Security concerns have hit many New Year events with truck blockades a new tactic to try to prevent vehicles ploughing into crowds. Sydney is using garbage trucks as safety barriers.

The German capital has beefed up security after the December 19 carnage, deploying hundreds more police, some armed with machine-guns.

"This year, what's new is that we will place concrete blocks and position heavy armoured vehicles at the entrances" to the zone around Brandenburg Gate, a police spokesman said.

In Cologne, after a wave of sexual attacks last year, 1,800 police will be deployed -- compared to just 140 in 2015.

In neighbouring Austria police will hand out 6,000 free pocket alarms to help stop assaults on women.

In Paris, there will be a firework display again, after muted 2015 celebrations following the November 13 massacre of 130 people.

Nearly 100,000 police, gendarmes and soldiers will be deployed across France against the jihadist threat.

With more than a million people expected to turn out to watch the ball drop in Times Square, New York is deploying 165 "blocker" trucks and some 7,000 police.

Rome has deployed armoured vehicles and greater numbers of security forces around the Coliseum and at St Peter's Square where Pope Francis will celebrate midnight mass.

Moscow police will deploy more than 5,000 officers backed by thousands more from the new national guard and volunteer militia to maintain order.

Thousands traditionally gather in Red Square, but for the second year in a row, the area will be open solely to 6,000 invitees.

London will have 3,000 officers on patrol with crowds flocking to line the banks of the Thames to watch the fireworks around the London Eye Ferris wheel.

In Dubai, the gigantic pyrotechnics off the world's highest skyscraper are going ahead, despite a major tower block blaze nearby last year.

Up to two million people are expected to party at Rio's Copacabana beach.

But with Brazil mired in its worst recession in a century, the fireworks have been cut to just 12 minutes as the state government fights bankruptcy.

Normally boisterous Bangkok will see in the new year on a more sombre note, with prayers and candles replacing parties as the nation grieves for King Bhumibol Adulyadej who died in October.

And, at the stroke of midnight, the celebrations will last one second longer -- a leap second -- decreed by the International Earth Rotation and Reference Systems Service to allow astronomical time to catch up with atomic clocks that have called the hour since 1967.

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News Network
March 31,2020

Washington, Mar 31: The United States has performed over one million coronavirus tests so far, said President Donald Trump on Monday.

"Today, we reached a historic milestone in our war against coronavirus. Over 1 million Americans have now been tested, more than any other country by far, not even close," Trump said during a press briefing.

US Health Secretary Alex Azar said that approximately 100,000 samples are tested for coronavirus daily.

The number of novel coronavirus (COVID-19) cases within the United States surpassed 150,000 and the death toll has reached 2828, according to Johns Hopkins University. 

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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News Network
June 15,2020

Beijing, Jun 15: China is locking now ten more neighbourhoods in Beijing to try and contain the spread of a new coronavirus outbreak linked to a food market, authorities announced Monday.

City official Li Junjie said at a press conference that fresh cases had been found in a second wholesale market in northwestern Haidian district, and as a result, the market and nearby schools would be closed, and people living in ten communities around it placed under lockdown.

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