A recent study from the Internatioinal Olympic Committee shows 85% of Olympic venues built for the Games between 1896 and 2018 are still in use. While that number may be better than expected, abandoned structures still mark the spots of Games long past. Atlanta hosted the Summer Games in 1996. To keep costs down, the … Read more
A man died after an unauthorized helicopter flight in Queensland, Australia ended in a crash on a hotel roof early Monday morning, prompting the evacuation of hundreds of people from the building as flames engulfed the aircraft. Authorities in the city of Cairns said that they had not confirmed the identity of the pilot, his … Read more
Russia strikes inside Ukraine while Ukrainian troops hold on to Russain territory – CBS News Watch CBS News Ukraine says its forces are in control of an area in Russia about the size of Dallas. As the surprise incursion into Russian territory continues, Russia was also still striking inside Ukraine. Holly Williams reports. Be the … Read more
Israel braces for potential retaliation by Iran following assassinations – CBS News Watch CBS News Israel, the U.S., and other allies are on high alert for a possible retaliation by Iran and Hezbollah for a pair of high-profile assassinations. CBS News has learned the attacks on Israel could be launched with little to no warning. … Read more
For hundreds of years, there was no need for Islamic finance because there was simply no financial system to “Islamise.” Up until the second half of the 19th century, the vast majority of the Muslim population around the world was unbanked and the prohibition of interest was applied on transactions by tradition rather than by … Read more
The second installment of a Global Finance FAQ web series on Islamic finance. Many of the products offered by Islamic financial institutions are comparable to Western or conventional finance even though interest and speculation are forbidden. Banks are by far the biggest players in Islamic finance—some of them are exclusively Islamic while others offer sharia-compliant … Read more
Another artwork by Banksy appeared on the shutters of the London Zoo on Tuesday, showing a gorilla lifting a shutter to release a number of animals. It is the ninth work to appear in the U.K. capital in recent days and will be the final one in the recent series, Banksy’s team confirmed to CBS … Read more
We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. Learn more. Renters may finally be getting a break. The median asking rent across all bedroom counts fell year-over-year in July — the first time that’s happened … Read more
Tropical Storm Ernesto gained strength on Tuesday morning as it headed toward the Virgin Islands and Puerto Rico, where forecasters said it could bring powerful winds and heavy rain — up to 10 inches in some places — before potentially intensifying into a hurricane. Ernesto became the fifth named storm of the 2024 Atlantic hurricane … Read more
The first of five parts of a Global Finance FAQ web series on Islamic finance. In just a few decades, Islamic finance has established itself as a significant player in global finance. Today, with thousands of institutions around the world, this sector is no longer limited to the devout clientele of Muslim countries in the … Read more