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Reuters - Business

South Africa’s Telkom could cut 3,000 jobs: letter to unions

Reuters
JOHANNESBURG (Reuters) – South African telecoms company Telkom SA (TKGJ.J) told unions on Wednesday it could cut up to 3,000 of more than 15,000 staff as it struggles with declining performance in fixed voice and fixed data services. FILE PHOTO: A shopper walks past a Telkom shop at a mall......
Reuters - Business

Ghosn says French envoy told him Nissan was turning against him

Reuters
BEIRUT (Reuters) – Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him. “Frankly, I was shocked by the arrest and the first......
Reuters - Business

Ex-Nissan boss Ghosn says French envoy told him of inside plot

Reuters
BEIRUT (Reuters) – Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him. “Frankly, I was shocked by the arrest and the first......
History

How the Heroes of Africa Triumphed Against All Odds | At the Smithsonian

Smithsonian
He stands more than seven feet tall, with piercing eyes that seem almost alive, staring through the souls of entranced visitors into the future. The statue, Toussant Louverture et la vielle esclave (Toussant Louverture and the Elderly Slave), commands the room, sending out a powerful vibe that is tangible and......
Reuters - Business

‘Designed by clowns’: Boeing employees ridicule 737 MAX, regulators in internal messages

Reuters
WASHINGTON (Reuters) – Boeing Co has released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was “designed by clowns who in turn are supervised by monkeys”. The messages, disclosed on Thursday, show attempts to duck regulatory......
Reuters - Business

Takeaway seals victory in $7.7 billion Just Eat battle

Reuters
AMSTERDAM (Reuters) – Online food ordering company Takeaway.com has won the battle for Britain’s Just Eat with a 5.9 billion pound ($7.7 billion) all share offer that will create one of the world’s largest meal delivery companies. FILE PHOTO: The app for Just Eat is displayed on a smartphone in......
Reuters - Business

Takeaway shareholders approve Just Eat acquisition: company

Reuters
FILE PHOTO: The app for Just Eat is displayed on a smartphone in this posed picture in London, Britain, August 5, 2019. REUTERS/Toby Melville/File Photo AMSTERDAM (Reuters) – Dutch food ordering company Takeaway.com said on Thursday its shareholders had approved plans for the company’s proposed 5.9 billion pound ($7.7 billion)......
Reuters - Business

Carmaker Rolls-Royce annual sales surge 25%

Reuters
The “Spirit of Ecstasy” bonnet ornament is seen on a Rolls Royce car during the Prague Autoshow in Prague, Czech Republic, April 13, 2019. REUTERS/David W Cerny (Reuters) – Luxury carmaker Rolls-Royce said on Tuesday it recorded a 25% jump in sales in 2019, underpinned by solid demand for its......
New York Post

Three Americans killed during Al-Shabab attack on airstrip in Kenya

NYPost
New York Post – For more and to sign up click here NAIROBI – Al-Shabab militants launched a predawn attack Sunday on an airstrip used by U.S. and Kenyan militaries, located on Kenya’s coast near the border with Somalia, killing one U.S. service member and two American private contractors, according......
New York Post

Naomi, Akon, Lupita and more travel to Ghana for the ‘Year of Return’

NYPost
New York Post – For more and to sign up click here Ghana was a hot destination to ring in 2020. Naomi Campbell, British Vogue editor Edward Enninful, Ozwald Boateng and Endeavor exec Bozoma Saint John descended on Ghana’s capital of Accra with their celeb pals as part of the......
Reuters - Business

Manager at Turkish jet operator told authorities he helped Ghosn escape because of threats: newspaper

Reuters
ISTANBUL (Reuters) – A manager at Turkish jet operator MNG Jet has told authorities that he assisted unwittingly in the escape of ex-Nissan boss Carlos Ghosn from Japan because he had been threatened by a former acquaintance, Hurriyet newspaper reported on Saturday. Turkish authorities have arrested five suspects, including MNG......
Reuters - Business

Turkish court formally arrests five suspects over Ghosn’s transit: Anadolu

Reuters
FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. REUTERS/Issei Kato ISTANBUL (Reuters) – A Turkish court ruled on Friday to formally arrest five suspects who were detained as part of an investigation into ex-Nissan boss Carlos Ghosn’s transit through......
Reuters - Business

Turkish operator says Ghosn used its jets illegally in escape from Japan

Reuters
FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. REUTERS/Issei Kato ISTANBUL (Reuters) – Turkish private aircraft operator MNG Jet said on Friday that its planes were used illegally in the escape from Japan of ex-Nissan boss Carlos Ghosn, adding......
Reuters - Business

Turkey detains pilots over Ghosn’s escape through Istanbul

Reuters
ISTANBUL (Reuters) – Turkish police detained seven people, including four pilots, on Thursday in an investigation into how ousted Nissan boss Carlos Ghosn transited through Istanbul en route to Lebanon after fleeing Japan, a police spokeswoman told Reuters. FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention......
Reuters - Business

Major commercial plane crash deaths worldwide fell by more than 50% in 2019: group

Reuters
WASHINGTON (Reuters) – The number of people killed in large commercial airplane crashes fell by more than 50% in 2019 despite a high-profile Boeing 737 MAX crash in Ethiopia in March, a Dutch consulting firm said on Wednesday. FILE PHOTO: Ethiopian Federal policemen stand at the scene of the Ethiopian......
Reuters - Business

Nissan ex-boss Carlos Ghosn to hold press conference on Jan. 8: lawyer

Reuters
FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. REUTERS/Issei Kato/File Photo BEIRUT (Reuters) – Nissan ex-boss Carlos Ghosn will hold a news conference in Beirut on Jan. 8, a lawyer for Ghosn said on Wednesday, two days after abruptly......
Reuters - Business

Ghosn met Lebanese president after fleeing Japan: sources

Reuters
BEIRUT (Reuters) – Fugitive former Nissan chairman Carlos Ghosn met Lebanon’s president after his escape from Japan, where he was smuggled out of house arrest by a private security company, two sources close to Ghosn said on Wednesday. FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention......
Reuters - Business

Egypt competition watchdog approves Uber acquisition of Careem with conditions

Reuters
FILE PHOTO: An UBER bus ushers Egypt fans to a soccer stadium before the start of a game against Ghana. REUTERS/Amr Abdallah Dalsh CAIRO (Reuters) – The Egyptian Competition Authority (ECA) said on Sunday it had approved ride-hailing group Uber’s (UBER.N) acquisition of former regional rival Careem after the regulator......
Reuters - Business

Emerging market stocks were laggards in the past decade

Reuters
(Reuters) – Despite a strong start to this decade in 2010, emerging market stocks underperformed developed market peers and were weighed down by events such as the Chinese market sell-off, debt crises in Turkey and Argentina and the Sino-U.S. trade war. FILE PHOTO: A man monitors a stock index board......

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