Thursday

March 24, 2016

Business and economics

Starboard Value LP, an activist hedge fund, begins a proxy contest to oust the entire board of directors of internet pioneer Yahoo. (Reuters)

Lebanese daily newspaper As-Safir ("The Ambassador" in Arabic) is to cease print and online operations after over 40 years, citing falling revenues and Lebanon's political environment and sectarian problems as reasons for its closure. The newspaper has close ties to Hezbollah. (Reuters)

Disasters and accidents

Malaysia Airlines Flight 370

Australian infrastructure and transport minister Darren Chester says in a statement that debris recovered this month in Mozambique was highly likely to be from the missing Malaysia Airlines flight. (Reuters)