Trump’s media group receives subpoenas related to Digital World probe

(Reuters) — Blank-check firm Digital World Acquisition Corp. said on Friday former U.S. President Donald Trump’s social media firm was served with two separate subpoenas over its merger plans. The development comes days after Digital World said each of its board of directors received subpoenas from federal prosecutors over the SPAC deal with Trump Media … Read more

‘Ecosystem being created in world, India to make social media accountable’

Calling social media a “very powerful medium,” Union IT minister Ashwini Vaishnaw on Tuesday said that how to make it accountable is a “very valid question” and that an ecosystem is being created across the globe and in India for the same. Self-regulation is a first step in the … Read more

Trump SPAC Digital World gets another subpoena related to SEC probe (NASDAQ:DWAC)

Scott Olson/Getty Images News SPAC Digital World Acquisition, (NASDAQ:DWAC), which is taking Trump’s social media company public, received two more subpoenas related to a Securities and Exchange Commission probe this week. Digital World was informed that on Monday that Trump Media & Technology, or TMTG, received a subpoena from the SEC seeking documents relating to … Read more

NIIF invests $300 million in DP World container terminal subsidiary

Indian government-promoted National Investment and Infrastructure Fund (NIIF) on Wednesday said it has invested USD 300 million or Rs 2,250 crore for a 22.5 per cent stake in Hindustan Ports, a local arm of UAE’s DP World. This is the single largest investment by NIIF’s master fund and takes … Read more

World energy consumption topped pre-pandemic levels in 2021, BP study says (NYSE:BP)

Oli Scarff/Getty Images News The world’s energy consumption rose by 5.8% in 2021 to surpass pre-pandemic levels, which led to a 5.7% increase in greenhouse gas emissions from energy use, BP (NYSE:BP) said in its annual Statistical Review of World Energy, published Tuesday. “Carbon emissions have risen in every year since the Paris goals were … Read more

Gallagher Re Launches Climate Risk Resilience Practice, Led by World Bank’s Bavandi

Gallagher Re, the global reinsurance broker, announced it has launched a global practice focusing on public sector and climate resilience solutions, with responsibility for developing Gallagher Re’s core offering globally and driving profitability as well as developmental impact. Antoine Bavandi Antoine Bavandi has been appointed to the newly created role of global head of Public … Read more

Gallagher Re hires former World Bank executive

Gallagher Re, the reinsurance business of broker Arthur J. Gallagher & Co., said Monday it has named former World Bank executive Antoine Bavandi to the newly created role of global head of public sector, parametric and climate resilience solutions. Mr. Bavandi will lead Gallagher Re’s public sector and climate resilience solutions global practice, which will … Read more