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MINNEAPOLIS — Three people, including the suspected shooter, were killed and at least six others were injured, among them three police officers, after a shooting Wednesday afternoon at a downtown Minneapolis apartment building, authorities said.

The shooting occurred just after 4:30 p.m. at a high-rise apartment building located at 15 E. Grant Street, near the Minneapolis Convention Center. Officers were dispatched to the scene at 4:36 p.m. and arrived within two minutes of the first 911 call, according to Minneapolis Police Public Information Officer Garrett Parten.

Upon arrival, officers found one person who had been shot. Following the sound of continued gunfire, officers entered the building and made their way to an upper floor, where they encountered conditions that hampered their response.

“They encountered a haze that significantly limited their visibility,” Parten said, describing the environment officers faced as they moved through the building toward the source of the shooting.

Three Minneapolis police officers were injured during the response. Two were shot, with one struck in the stomach and the other in the leg; the officer shot in the stomach was in surgery Wednesday evening. A third officer sustained an injury that was not the result of gunfire. All three officers were listed in stable condition as of Wednesday evening, according to a hospital spokesperson.

Authorities said three people died in total, including two civilians and the suspected shooter. Three additional civilians were also injured in the incident. Investigators said it remained unclear how the suspected shooter died, and police had not released additional details on a possible motive as of Wednesday evening.

Hennepin County Medical Center confirmed it received multiple patients from the shooting, an early figure that was later updated as authorities provided more complete casualty information through the evening.

Video posted to social media Wednesday showed police officers aiming weapons toward the apartment building as the response unfolded, while aerial footage broadcast by local television stations captured a large law enforcement presence, including SWAT vehicles and emergency medical units, surrounding the block near the Minneapolis Convention Center. Police asked members of the public to avoid the area of East Grant Street as the scene remained active.

Minnesota Gov. Tim Walz addressed the shooting Wednesday, thanking emergency responders and confirming that state officials were assisting local law enforcement with the response.

“Grateful to law enforcement actively working to ensure the safety of our neighbors in Downtown Minneapolis this afternoon,” Walz said in a post on social media.

Minnesota House Speaker Lisa Demuth also responded to the shooting, offering condolences for those affected.

“Praying for the victims of this heinous crime,” Demuth said.

The Minneapolis Police Department held an evening news conference to provide updates to the public as the investigation continued, with Parten serving as the department’s primary spokesperson addressing reporters at the scene.

Wednesday’s shooting adds to a difficult recent stretch of gun violence incidents affecting Minneapolis and the broader state of Minnesota. The city has experienced several high-profile shootings in recent years, prompting continued public debate over gun violence prevention, mental health resources and policing strategies in the Twin Cities area.

The downtown Minneapolis shooting also came on the same day that authorities responded to a separate shooting incident elsewhere, according to reporting from international outlets covering Wednesday’s events, though officials have not indicated any connection between the two incidents.

As of Wednesday night, investigators had not publicly identified the suspected shooter, the two civilian victims who died, or the officers who were injured, pending notification of family members. Police also had not released a motive for the shooting, and the investigation into the exact sequence of events inside the apartment building remained ongoing.

The Minneapolis Police Department’s tactical response, which involved officers entering the building directly in pursuit of the sound of gunfire despite the reported haze limiting visibility, reflects standard active-shooter protocols adopted by law enforcement agencies nationwide in the years following mass shooting incidents at schools and other public venues, protocols that generally prioritize rapid entry and engagement over containment in situations involving an active threat to life.

Law enforcement officials in Minneapolis have not indicated whether any additional suspects are being sought in connection with Wednesday’s shooting, nor have they specified whether the incident is being investigated as an isolated act of violence or one connected to a broader dispute among residents of the building. Investigators were expected to continue processing the scene into Thursday as they worked to piece together a full timeline of the shooting.

The Minneapolis Convention Center, located near the site of Wednesday’s shooting, is one of the city’s major event venues and sits within a densely populated downtown corridor that includes numerous residential high-rises, hotels and office buildings. The shooting’s location in a heavily trafficked part of the city center contributed to a significant law enforcement footprint and prompted road closures and warnings for pedestrians and residents to avoid the immediate area during the response.

City officials have not announced any broader security measures or policy responses in the immediate aftermath of Wednesday’s shooting, though such incidents involving injured law enforcement officers typically prompt renewed internal review of department response protocols and equipment, including tools such as thermal imaging or breathing apparatus that could assist officers operating in reduced-visibility conditions similar to those described by Parten on Wednesday.

This is a developing story. Additional details, including the identities of those killed and further information on the circumstances surrounding the shooting, are expected to be released by Minneapolis police and Hennepin County officials in the coming days as the investigation progresses.

Shares of Persistent Systems declined over 3% to their day’s low of Rs 5,500 on the BSE on Thursday after the company announced its board of directors have approved plans to raise up to $1.25 billion through long-term debt financing and other eligible instruments.

The board approved borrowing up to $1,250 million through external commercial borrowings (ECB), non-convertible debentures (NCDs) and other similar instruments. The fundraise can occur in one or more tranches, subject to shareholder and regulatory approvals.

The board may also consider raising up to $450 million through securities or eligible instruments that can be converted into equity shares. The proposed routes include foreign currency convertible bonds (FCCBs), a preferential issue, qualified institutional placement (QIP) or any other permitted mode. This fundraise would also be carried out in one or more tranches, subject to the required shareholder and regulatory approvals.

At the end of the June quarter, promoter entities held a 30.29% stake in Persistent Systems, while public shareholding stood at 69.04%, according to data available on the stock exchanges.

Persistent Systems Q1 snapshot

For the June quarter, dollar revenue rose 3.8% sequentially to $452.4 million, while revenue in rupee terms increased 6.1% to Rs 4,303.2 crore.

EBITDA climbed 4.5% sequentially to Rs 802.2 crore, and EBIT rose 4.2% to Rs 686.9 crore. However, the EBIT margin contracted 30 basis points to 16%. Net profit fell 8.7% quarter-on-quarter to Rs 483 crore, mainly due to the forex loss.
The company posted its highest-ever quarterly bookings during the period, with total contract value (TCV) almost doubling to $1.15 billion. This was supported by a deal worth more than $650 million with a global technology company. Annual contract value (ACV) also increased 20.6% sequentially to $536.8 million.On the operational front, total headcount rose 4.1% to 28,640, while the technical headcount increased by the same 4.1% to 26,905. Utilisation declined to 86.5% from 88% in the previous quarter, while trailing 12-month attrition improved to 12.3% from 13%.

Shares of Persistent Systems have risen 21% in the last six months but remain lower by 9% on a year-to-date basis. In the last 5 years, Persistent Systems stock is up over 200%.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

The U.S. Department of Justice (DOJ) this week announced the seizure of more than $550,000 in cryptocurrency donations and the disruption of recruitment websites connected to terrorist organization Hamas.

Through court-authorized seizures, the FBI seized approximately $560,000 in cryptocurrency and took control of domains and servers Hamas was allegedly using to raise money and recruit supporters, according to U.S. Attorney for the District of Columbia Jeanine Pirro.

“A message to Hamas: We will stop your fundraising for terror,” Pirro said in a statement. “Your networks are not secure, your crypto is vulnerable, and we will not stop until your ability to wage war is defeated.”

In a video posted on X, Pirro described the operation as a “massive blow against foreign terrorism” that would disrupt Hamas’ online recruitment efforts.

DOJ EXPANDS BEEF PRICE INVESTIGATION TO WALMART, COSTCO, AMAZON AND OTHER MAJOR RETAILERS

“By seizing their servers and their domains, we were able to directly intercept money that was going to be used by the military wing of Hamas, the Al Qassam Brigade,” she said.

“And to add a little more interest to this, we also now have the names and identities of thousands of individuals who tried to give money to Hamas that we were able to intercept,” she continued.

According to federal court documents, investigators became aware of a group chat claiming ties to Hamas on an encrypted communications platform that was directing supporters of the terrorist organization to a fundraising website and a rotating set of cryptocurrency donation addresses.

Prosecutors said investigators used information from multiple human sources on three separate occasions — March 25, June 25 and Oct. 10, 2025 — to identify, trace and seize approximately $560,000 in cryptocurrency intended to support Hamas’ Al Qassam Brigades.

DOJ PLANS TO REVIVE MARITIME PRIZE COURTS TO SEIZE IRANIAN OIL TANKERS AS WAR PRIZES: REPORT

The Justice Department said the FBI also used human sources to identify and seize domains and servers used by the group. After taking control of the online infrastructure, the FBI was able to intercept cryptocurrency donations allegedly intended for Hamas, according to the DOJ.

Throughout the investigation, the FBI also obtained information on thousands of individuals who allegedly contacted Hamas online to donate or attempt to donate to the terrorist organization.

The DOJ said that information will be used in the FBI’s ongoing counterterrorism efforts.

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“These seizures deprive Hamas of resources it relies on to recruit and radicalize individuals online and finance barbaric attacks like the one on October 7, 2023,” Assistant Attorney General for National Security John A. Eisenberg said.

“We will continue to tighten the vise on Hamas’s capacity for terror by infiltrating its online networks, confiscating its cryptocurrency, and shutting down its websites,” he added.

Janus Henderson Investors exists to help clients achieve their long-term financial goals. Formed in 2017 from the merger between Janus Capital Group and Henderson Global Investors, we are committed to adding value through active management. For us, active is more than our investment approach – it is the way we translate ideas into action, how we communicate our views and the partnerships we build in order to create the best outcomes for clients. While our investment managers have the flexibility to follow approaches best suited to their areas of expertise, overall our people come together as a team. This is reflected in our Knowledge. Shared ethos, which informs the dialogue across the business and drives our commitment to empowering clients to make better investment and business decisions.www.janushenderson.com

SYDNEY — Australian shares climbed Thursday, with the benchmark S&P/ASX 200 index on track to snap a three-day losing streak as banks and mining stocks led a broad-based rebound following a stronger session on Wall Street overnight and signs of stabilization in global bond markets.

The ASX 200 traded at 9,013.4 points, up 35 points, or 0.39%, as of 2:23 p.m. AEST, recovering some of the ground lost earlier this week when the index tumbled amid a global selloff tied to escalating Middle East tensions and surging bond yields.

The rebound followed a positive lead from U.S. markets, where the Dow Jones Industrial Average rose 0.6%, the S&P 500 gained 0.5% and the Nasdaq finished 0.5% higher. The rally on Wall Street came as U.S. Treasury yields eased slightly, with the 10-year Treasury yield slipping to 4.79%, taking some pressure off equity markets that had been rattled in recent sessions by concerns over inflation and rising borrowing costs.

Expectations for further U.S. Federal Reserve tightening also moderated. Markets were pricing in a roughly 62% to 63% probability of a 25-basis-point interest rate increase at the Fed’s meeting later this month, down from about 67% a day earlier, according to interest rate futures data.

Locally, the improved sentiment came even as several ASX 200 companies traded ex-dividend Thursday morning, a factor that typically weighs mechanically on share prices. Packaging group Amcor, mining giant BHP Group, supermarket operator Coles Group, private hospital operator Ramsay Health Care and energy producer Woodside Energy Group were among the major names trading without entitlement to their most recent dividend payouts. BHP is set to pay shareholders a fully franked dividend of 139.2 cents per share on Sept. 23.

Despite the ex-dividend drag on some large-cap names, banks and miners provided the bulk of the market’s upward momentum Thursday, with the long-resources, short-financials trade that has characterized much of the market’s recent volatility continuing to play out in both directions depending on commodity price movements.

Energy stocks were among the session’s stronger performers after oil prices extended their recent climb overnight. According to Bloomberg data, West Texas Intermediate crude rose 0.45% to $90.63 a barrel, while Brent crude gained 0.6% to $95.22 a barrel, as traders continued buying oil in response to an escalation in the ongoing conflict in the Middle East. The elevated crude prices offered support to ASX-listed energy producers Beach Energy and Santos, both of which were positioned for stronger sessions as a result.

Gold miners also found support after the precious metal’s price climbed overnight. Gold futures rose 0.9% to $4,435.80 an ounce, according to CNBC data, as traders bought the metal following a pullback in both the U.S. dollar and Treasury yields. The move higher in gold prices offered a tailwind for major producers including Newmont Corporation and Northern Star Resources, both of which were tipped for a stronger session on the back of the rally.

Thursday’s gains came as Australia’s corporate reporting season drew to a close, with the latest earnings results painting a broadly positive picture for the market despite the recent bout of volatility. Just under half of ASX 200 companies reported better-than-expected profits during the August reporting period, with earnings beats outnumbering misses by a ratio of roughly 1.5 to 1, the strongest such result in four years, according to data compiled from the reporting season.

The benchmark index touched a record high in early August before paring some of those gains to finish the month up 1.1%, with previously beaten-down sectors including residential property developers and discretionary retailers among the standout performers. Super Retail Group was among the companies posting notable earnings growth during the period, benefiting from a rebound in consumer-facing sectors that had lagged earlier in the year.

Thursday’s session also brought a steady flow of company-specific news across the resources sector. West African-focused gold explorer Many Peaks Minerals reported a high-grade intercept of 36 meters at 2.64 grams per tonne of gold from 600 meters depth at its Ouarigue project in Côte d’Ivoire, with assay results still pending from a further 27 diamond holes and 65 reverse-circulation holes ahead of an updated mineral resource estimate expected around the end of the third quarter.

Separately, Middle Island Resources reported new copper-in-soil anomalies at its Serbian exploration ground, identifying zones measuring 900 by 400 meters at its Jelaca prospect and 600 by 400 meters at Oglavak, with rock chip samples grading as high as 3.21% copper and 26 grams per tonne silver as the company continues testing the broader Priboj area for volcanogenic massive sulphide-style copper mineralization.

This week’s volatility has underscored just how sensitive Australian equities remain to swings in global bond markets and geopolitical developments, particularly the ongoing conflict in the Middle East, which has driven a marked increase in average daily volatility across the ASX 200 over the past several months compared with the prior year. Analysts tracking the index’s short-term correlations have noted that recent price action has been reactive and headline-driven rather than reflecting a stable underlying trend, with the market’s relationship to bond yields, the Australian dollar and gold prices all shifting noticeably in recent sessions.

Despite Thursday’s rebound, market watchers cautioned that downside risks remain for Australian shares in the near term, given the continued uncertainty surrounding the Federal Reserve’s policy path, the trajectory of the Middle East conflict and its impact on energy markets, and the Reserve Bank of Australia’s own deliberations over interest rates following recent domestic growth and inflation data. With the ASX 200 still trading below the record high it touched earlier in August, investors are likely to remain focused on how global bond yields and geopolitical developments evolve in the sessions ahead for further direction.