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Aung San Suu Kyi, who has not been seen in public since last month when the military seized power in the country, appeared via video at her court hearing, a lawyer told Reuters. According to lawyer Min Min Soe, the deposed state counsellor requested to see her legal team during the hearing via video link, as she had received an additional charge for publishing information that may "cause fear or alarm". Previously, local news portals reported that Aung San Suu Kyi was relocated from where she was being kept under house arrest to an unknown location. © REUTERS / ISSEI KATO FILE PHOTO: Protesters from Myanmar residing in Japan raise their fists and hold a poster depicting Aung San Suu Kyi during a rally against Myanmar's military, after it seized power from a democratically elected civilian government and arrested Suu Kyi, outside Foreign Ministry in Tokyo, Japan February 3, 2021. In the meantime, Myanmar is facing nationwide protests, with demonstrators … [Read more...] about New Charges Filed Against Ousted Myanmar State Counsellor Aung San Suu Kyi, Lawyer Says

MANCHESTER, England: Premier League club Sheffield United said on Thursday there had been no change to their Saudi ownership despite filings which suggested Prince Abdullah bin Mosaad bin Abdulaziz Al Saud had given up control. Documents published on the website of Companies House stated that Prince Abdullah had ceased to be a "person with significant control" of the club on Oct. 18, 2019. A Feb. 20 filing had stated that Prince Abdullah gained such control status, also on Oct. 18, 2019. After the confusion, United said in a statement that they had received a number of inquires related to the filings. "The Club confirms that there has been no change in ownership of the shares in either The Sheffield United Football Club Limited or Blades Leisure Limited. The filings at Companies House were made to allow Companies House to accurately reflect that ownership on the public record and not to disclose any change," the club said. "Accordingly, H.R.H. Prince Abdullah bin Mosa'ad … [Read more...] about Sheffield United say no change in Saudi ownership despite filings

REUTERS: Real estate brokerage firm Compass Inc, backed by SoftBank Group Corp, on Monday made its filing for an initial public offering public and revealed a 56per cent surge in revenue helped by a strong housing market. The COVID-19 pandemic has fueled a shift to digitization of the real estate market as more people, encouraged by low interest rates, prefer to buy and sell homes online. Compass was founded in 2012 by Ori Allon, who previously worked as the director of engineering at Twitter, and Robert Reffkin, who worked at Goldman Sachs earlier. The firm covers 46 metropolitan statistical areas in the United States and serves over 19,000 agents. The company was valued at US$6.4 billion after its US$370 million funding round in 2019. Besides SoftBank, its other investors include Goldman Sachs, Canada Pension Plan Investment Board and Dragoneer Investment Group, according to Compass' website. Compass has raised US$1.5 billion so far. Kenneth Chenault, the former chief … [Read more...] about SoftBank-backed Compass makes IPO filing public, reveals revenue jump

MONTREAL: Cirque du Soleil Entertainment Group said on Monday (Jun 29) it has filed for protection from creditors under the Companies' Creditors Arrangement Act (CCAA) as the COVID-19 pandemic forced the famed circus to cancel shows and lay off its artistes. The Canadian entertainment company said it has entered a "stalking horse" agreement with its existing shareholders including TPG Capital , Fosun International Ltd , and Caisse de depot et placement du Quebec, under which the group will take over Cirque's liabilities and invest US$300 million. As part of the investment, government body Investissement Quebec will provide US$200 million in debt financing. "With zero revenue since the forced closure of all of our shows due to COVID-19, the management had to act decisively to protect the Company's future," said CEO Daniel Lamarre. The company in March laid off more than 4,000 people, or 95 per cent of its workforce, and temporarily suspended its shows in Las Vegas, one of its … [Read more...] about Cirque du Soleil files for bankruptcy protection as COVID-19 cancels shows

A formerly incarcerated man has filed a lawsuit arguing that the Louisiana Department of Corrections regularly and knowingly imprisons people past their release dates — a practice the department has been aware of for the better part of a decade. This is the second such lawsuit filed on the subject, coming several months after the Department of Justice opened a statewide civil investigation into release practices at DOC facilities. U.S. Department of Justice opens investigation into Louisiana prisons over inmate release dates The U.S. Department of Justice has launched a statewide civil investigation into Louisiana's inmate release practices, the agency announced Thursday. Joel Giroir, 36, was imprisoned at the St. Tammany Parish Jail when he filed the lawsuit, in which he seeks to represent other inmates in the same situation. He claims he should have been released on Jan. 26 because "he had already served at least 64 days" past his sentence. The … [Read more...] about Man files class action lawsuit alleging Department of Corrections detains inmates past release dates