Tesla is recalling more than two million cars after the US regulator found its driver assistance system, Autopilot, was partly defective. It follows a two year investigation into crashes which…
Category: Business News
Ukraine: Mobile network Kyivstar hit by ‘cyber-attack’
Ukraine’s main mobile network, Kyivstar, says it’s been the target of a “powerful hacker attack”. Customers have been left without phone or internet access, while one city’s air raid sirens…
Brazil: Maceió Salt mine ruptures causing fear of collapse
A rupture at a rock salt mine in north-eastern Brazil has heightened fears of an impending total collapse. Video recorded by the civil defence authority showed murky water bubbling up…
USA: Social media platform X added 10 million new users in December-CEO
X, formerly Twitter, added more than 10 million users in December, the social media platform’s chief executive has said. CEO Linda Yaccarino made the announcement in a post on X…
Brazil: Authorities look to digital currency to broaden financial inclusion
When Isabela Duque, a receptionist in the Brazilian city of Santos, decided to use all her savings to buy her first car, the process was fraught with suspicion. The seller…
Indonesia: TikTok Shop to reopen after $1.5bn deal
Social media app TikTok has struck a joint venture deal with Indonesian tech giant GoTo to restart its online shopping business in the country. The firm, owned by China’s Bytedance,…
Nigeria: Dangote takes major step towards producing refined oil
The delivery of a million barrels of crude oil to huge new refinery in Nigeria marks a major milestone in the process towards the country being able to produce fuel…
Israel: Authorities reject claims that traders profited from attack
There is no evidence some investors profited from knowledge of Hamas’s attack on Israel before it took place on 7 October, the Israel Securities Authority (ISA) has said. One academic…
Nigeria: Authorities plan to build Africa’s largest e-bus fleet
Nigeria aims to have the largest fleet of electric public transport buses in Africa, a minister has told the COP28 summit. Foreign Affairs Minister Yusuf Tuggar made the comments after…
UAE: Authorities extradite British trader Sanjay Shah to Denmark
The United Arab Emirates (UAE) has extradited British trader Sanjay Shah to Denmark over tax fraud charges worth £1.46bn, his lawyers say. Mr Shah, who lives in Dubai, is accused…