French company confirms one of its vessels attacked in Strait of Hormuz

May 6, 2026May 6, 2026 by Farhan

French shipping group CMA CGM said on Wednesday that one of its vessels, the San Antonio, had been targeted in an attack while transiting the Strait of Hormuz, resulting in injuries among crew members and damage to the vessel. The incident, which CMA CGM said occurred on Tuesday, is the latest disruption in the crucial … Read more

Social media company Reddit soars to $9bn valuation in Wall Street debut

March 22, 2024March 22, 2024 by Farhan

Social media company Reddit soars to bn valuation in Wall Street debut

San Francisco-based social media platform’s shares close at $50.44 in long-awaited initial public offering. Shares of Reddit soared nearly 50 percent as the social media platform made its long-awaited stock market debut. Investors pushed Reddit’s value close to $9bn after it began trading on the New York Stock Exchange on Thursday, with the company’s share … Read more