Streaming giant Netflix has announced its decision to end password sharing in India – a country in which it has millions of subscribers. It has said that Netflix accounts were…
Category: Business News
India: Authorities ban rice shipments to curb price rises
India has outlawed the export of non-basmati white rice in an attempt to ward off looming domestic price spikes. Heavy rains have hurt crops in the country and rice prices…
Brazil: Embraer plans to build electric flying taxi factory near Sao Paulo
The Brazilian plane maker Embraer says a new factory will be built near Sao Paulo to produce electric flying taxis which it hopes will take to the skies from 2026.…
USA: Linda Yaccarino replaces Elon Musk as Twitter boss
Linda Yaccarino, the new boss of troubled social media firm Twitter has started the role earlier than expected, officially replacing Elon Musk. Ms Yaccarino, previously head of advertising at media…
India: Railways seek police probe into deadly crash
India’s railway ministry has recommended that the country’s top detective agency should investigate the deadly crash that killed 275 people. Railway Minister Ashwini Vaishnaw announced the decision but did not…
Angola: Authorities deny IMF pressure behind rise in fuel prices
Angola has denied that it was abolishing fuel subsidies as a result of pressure from the International Monetary Fund (IMF). Finance Minister Vera Daves said on Thursday that the withdrawal…
USA: Elon Musk reclaims title of world’s richest person
Elon Musk has reclaimed his title as the world’s richest person, knocking the boss of luxury goods giant LVMH, Bernard Arnault, off the top spot. His net worth has soared…
Kenya: Authorities fine loan app over debt shaming
The Kenyan authorities have penalised an online lender $3,700 (£3,400) over allegations of intruding and sharing customers’ personal data. It followed complaints lodged against it by users over personal data…
Switzerland: Mining magnate loses Guinea corruption appeal
A Swiss appeals court has upheld a guilty verdict against the mining magnate Beny Steinmetz who was sentenced two years ago on corruption charges for payments to obtain permits in…
South Africa: Tourism minister scraps Spurs sponsorship proposal
South Africa Tourism has decided to scrap a proposed sponsorship deal with English Premier League club Tottenham Hotspur. “The SA Tourism Board will no longer proceed with the transaction” given…