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Salman Rushdie remains in critical condition but was able to speak after being attacked during a literary event in the United States, his son said on Sunday. The Booker Prize-winning author, who has lived under the threat of death from Iran since the late 1980s, was stabbed multiple times on stage in New York state and taken to a hospital, they say the authorities. Rushdie’s son, Zafar, said his father was still undergoing treatment but had come off a ventilator and supplemental oxygen on Saturday and was able to say a few words. “Although his life-changing injuries are serious, his…

US stocks were mostly lower on Tuesday after social media giant Snap Inc. (SNAP) posted its biggest one-day drop on record and dragged shares of tech peers. The Nasdaq Composite fell 2.3% to its lowest close since November 2020 after an economic warning from the social media platform sent the company’s shares down. down 43% and spurred a sell-off in the broader tech sector. The S&P 500 fell 0.8%, sending the index back into a bear market after a brief lull to start the week. The Dow Jones Industrial Average gained 50 points after reversing earlier losses in the final…

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Kingdom Holding, one of Saudi Arabia’s most prominent investors, invested hundreds of millions of dollars in Russian energy companies shortly before and after the invasion of Ukraine this year, the group revealed in a filing on Sunday. Mostly owned by Prince Alwaleed bin Talal, Kingdom made the investments even as Western leaders sought to increase pressure on Moscow and threatened sanctions against Russia, which they began imposing in late February. The roughly $500 million in investments included $364 million in Gazprom in February, with the rest going to Rosneft and Lukoil that month and in March. President Vladimir Putin ordered…