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Kato Disqualified but Wins French Open Championship

PARIS: Japan’s Miyu Kato became a French Open champion on Thursday, four days after she was controversially disqualified from the women’s doubles for accidentally hitting a ball girl. Kato and her German partner Tim Puetz defeated Bianca Andreescu and Michael Venus 4-6, 6-4, 10-6 in the mixed doubles final at Roland Garros. “It has been challenging mentally in the last few days after my unjust disqualification from the women’s doubles,” Kato told the Court Philippe Chatrier crowd, reading from a prepared statement.
Business

Saudi Electricity Co. invests $373m to enhance power grid through 3 projects.

RIYADH: Electricity networks across three Saudi governates are set to undergo SR1.4 billion ($373 million) worth of improvements to reduce the areas’ liquid fuel consumption and carbon emissions. State-owned Saudi Electricity Co. will invest the money across Rafha, Al-Wajh and Najran, reported the Saudi Press Agency.  Ensuring reliability and continuity, the company aims to maximize electric power generation units for network efficiency and subscribers’ benefits.
Business

US Debt Ceiling Bill Passes House with Bipartisan Support

WASHINGTON: The US House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by hard-line conservatives and avoid a catastrophic default. The Republican-controlled House voted 314-117 to send the legislation to the Senate, which must enact the measure and get it to President Joe Biden’s desk before a Monday deadline, when the federal government is expected to run out of money to pay its bills.
sport

“54 Race Meetings to Make Saudi’s 2023 Taif Season the Biggest Yet”

Racing in Saudi Arabia resumes on Thursday, June 1 with a significantly expanded program at King Khalid Racecourse in Taif. The 2023 campaign gets underway two weeks earlier than in 2022, meaning the total number of meetings has increased to 54, with the season culminating on Saturday, Oct. 7.
Business

Big inflows in US money market funds due to debt ceiling caution

BENGALURU: US money market funds saw big inflows in the week to May 24 as investors favored safer bets ahead of a deadline for politicians to agree an increase in the country’s debt ceiling, according to Reuters. According to Refinitiv Lipper data, US money market funds received a net $39.9 billion of inflows, the biggest week of net buying in four weeks.
sport

Gamers Without Borders raises $10 million for charity

RIYADH: Gamers Without Borders, the world’s largest charitable esports event, has concluded this year’s edition by raising a total of $10 million for its humanitarian aid partners. The money will go to Direct Relief, International Medical Corps, UNICEF, King Salman Humanitarian Aid and Relief Center, the UN’s World Food Programme and the UNHCR. The donations were made by teams, players and gamers worldwide. The funds will be used for urgent humanitarian projects and add to the work achieved through the $30 million in donations from the GWB’s three previous editions.
Business

Saudi Arabia’s M3 Money Supply Increases by 4.74% Since December End

RIYADH: Saudi Arabia’s M3 money supply has surged 4.74 percent since December 2022, according to data released by the Saudi Central Bank, also known as SAMA. The M3 money supply, which is usually monitored as a broad measure of liquidity in the monetary system, reached SR2.61 billion ($696 billion) in the week ending May 11, rising from SR2.50 billion on Dec. 31. The former M3 money figure also reflects a 0.17 percent drop in the week ending May 11 to the week ending on May 4 when it stood at SR2.62 billion.
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600K Palestinian Kids in Rafah Face Unsafe Evacuation, UNICEF Official Warns

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“The reality for kids living there is shocking, honestly,” said an official who recently returned from Gaza. “People are living in really squalid conditions.”

The post 600,000 Palestinian Kids in Rafah Can’t “Evacuate” Safely, UNICEF Official Says appeared first on The Intercept.

US Pauses Weapons Shipment to Israel, Pentagon Chief Confirms

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Lloyd Austin says US 'has not made final determination' on arms transfer amid concerns over Israel's Rafah offensive.

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US finishes Gaza aid pier construction

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WASHINGTON: The US military has completed construction of its Gaza aid pier, but weather conditions mean it is currently unsafe to move the two-part facility into place, the Pentagon said Tuesday. The pier — which the US military started building last month and which will cost at least $320 million — is aimed at boosting deliveries of desperately needed humanitarian assistance to Gaza, which has been ravaged by seven months of Israeli operations against Hamas.

Israel launches Gaza strikes as negotiators work toward truce

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GAZA CITY: An Israeli air strike killed at least seven people and wounded several others early Wednesday in Gaza City, according to a local hospital. The strike on an apartment in the devastated northern city killed seven members of the same family, the Al-Ahli hospital said, with eyewitnesses on Wednesday also reporting strikes elsewhere in the strip, particularly around Rafah.    

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Elon Musk Plans Robotaxi Launch in China, State Media Reports

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Tesla CEO last month made an unannounced visit to Beijing for talks with Chinese Premier Li Qiang.

Boeing delays Starliner capsule launch due to valve issue

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Cancellation of inaugural crewed space mission comes as Boeing is under fire over safety record at its aviation arm.

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