At least 10 gold miners have been killed in an accident in northern Sudan, and more than 20 others injured. Local media have blamed the collapse of the gold mine…
Category: Business News
USA: Sam Bankman-Fried accused of Chinese bribe
Sam Bankman-Fried, founder of failed crypto firm FTX, has been accused of bribing at least one Chinese official. In new charges unveiled in the US, officials accuse the entrepreneur of…
USA: Adidas attempts to stop Black Lives Matter design trademark registration
Adidas has asked the US Trademark Office to reject an application for a Black Lives Matter (BLM) trademark featuring three parallel stripes. The Black Lives Matter Global Network Foundation design…
Australia: Amateur gold digger finds massive nugget
An Australian man armed with a budget metal detector has hit the jackpot, finding a 4.6kg rock containing gold worth A$240,000 (£130,000; $160,000). The man, who doesn’t want to be…
Nigeria: Workers declare strike over cash crisis
The Nigeria Labour Congress (NLC) has declared a nationwide strike for public workers over fuel and cash scarcity in the country. Speaking on Wednesday, Joe Ajaero, the NLC president, said…
Kenya: Meta barred from sacking Facebook moderators
A court in Kenya’s capital Nairobi has barred Meta, Facebook’s parent company, from laying off its content moderators pending determination of a lawsuit that is challenging their planned dismissal. The…
USA: Amazon to cut another 9,000 jobs
Online retail giant Amazon plans to cut another 9,000 jobs as it seeks to save costs. The firm, which employs 1.5 million people worldwide, said the cuts would fall mainly…
Switzerland: UBS is in talks to take over its troubled Credit Suisse
Switzerland’s biggest bank, UBS, is in advanced talks to buy all or part of its troubled rival Credit Suisse. Credit Suisse is facing a crisis of confidence and its shares…
UK: Ministers banned from using Chinese-owned TikTok on government phones
British government ministers have been banned from using Chinese-owned social media app TikTok on their work phones and devices on security grounds. The government fears sensitive data held on official…
South Korea: Samsung to invest US$230 billion in mega chip-making plan
Electronics giant Samsung says it plans to invest around 300tn won ($230.8bn; £189.6bn) over 20 years in the South Korean government’s push to develop a mega semiconductor hub in the…