News

Elon Musk’s X said it won’t accede to French authorities’ demands in a probe into alleged bias and manipulation of the social media platform’s algorithm.

“X remains in the dark as to the specific allegations made against the platform,” the company said in a post on its Global Government Affairs handle on Monday. “X believes that this investigation is distorting French law in order to serve a political agenda and, ultimately, restrict free speech.”

Israel struck Houthi targets in Yemen’s port of Hodeida on Monday, in retaliation for a series of missile volleys from the group over the last week.

Defense Minister Israel Katz said the attack was intended to prevent attempts by the Iranian-backed group to restore damaged infrastructure. The Israeli military said it targeted vehicles the Houthis were using to rebuild port infrastructure, as well as fuel storage sites and naval vessels.

“The Houthis will pay a heavy price for firing missiles at the State of Israel,” Katz said.

Despite repeated Israeli strikes on the strategic port of Hodeida and sites such as the airport in the capital Sanaa — both in Houthi-controlled territory — the group has maintained regular missile attacks on Israel and commercial vessels in the Red Sea.

A former employee of HSBC Holdings Plc in Hong Kong alleges he was racially discriminated against and made redundant after he raised concerns to human resources and senior leadership.

Robert Ngugi Tomkinson, previously a senior business analyst with HSBC Global Services (Hong Kong) Ltd., claims that in September 2024, following “sustained and differential treatment” by a new manager, he raised concerns of racial discrimination that culminated in a formal internal complaint, according to a claim filed with the district court in Hong Kong.

The company’s internal investigation “partially upheld” the complaint on Feb. 11, and while it did not make findings of discrimination, it concluded that Tomkinson’s manager had acted inappropriately, including disclosing his performance status to irrelevant parties, the claim said. A “performance improvement plan” initiated against Tomkinson was not implemented and subsequently canceled, it added.

European natural gas prices edged higher as top supplier Norway extended and expanded seasonal works, weighing on flows to the continent and its storage sites.

Benchmark futures rose as much as 1.2% after fluctuating earlier, while prompt prices also gained. Maintenance at Norway’s giant Troll field, which started last month, was extended by two more days until Thursday, with even less capacity available than previously anticipated.

Coupled with unplanned outages in the country last week, that’s generated some concerns over the supply outlook.

Watch this space for all the live updates on the US Stock Market.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.