Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.

Forex

The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

Stock Market

20 Dec 2021

Japan Billionaire Maezawa Lands in Kazakhstan after 12-day Space Flight

The Index Today

Japanese billionaire Yusaku Maezawa finally returned to Earth on Monday after a 12-day journey into space, ending a dry run for his planned trip around the moon with Elon Musk's SpaceX in 2023.

Maezawa who is at his mid 40’s who is known as a fashion magnate and art collector, launched from the Baikonur cosmodrome in Kazakhstan on Dec. 8 along with his assistant Yozo Hirano and Russian cosmonaut Alexander Misurkin, landed on the Kazakhstan steppe.

He made the trip in a Soyuz spacecraft and became the first space tourist to travel to the International Space Station (ISS) in more than a decade.

Maezawa entertained his social media followers from space by taking photos of his home prefecture of Chiba, showing how to make tea in zero gravity and discussing his shortage of fresh underwear.The entrepreneur returned to snowy conditions on Earth, with precipitation and sub-zero temperatures at the landing site about 150 km (93 miles) south east of the town of Zhezkazgan in central Kazakhstan, Reuters reported.

Maezawa will become the first private passenger on the SpaceX moon trip in 2023, as commercial firms including Jeff Bezos' Blue Origin aide in a new age of space travel for the wealthy clients.

©Photo: SHAMIL ZHUMATOV / POOL / AFP

Clay pottery with table linens