JULY 10 – Four people have been arrested by police investigating the cyber-attacks that have caused havoc at M&S and the Co-op. The National Crime Agency (NCA) says a 20-year-old woman was arrested in Staffordshire, and three males – aged between 17 and 19 – were detained in London and the West Midlands. They were…
NAIROBI, Kenya, July 9 – The African Development Bank (AfDB) has called for reforms that will broaden fiscal revenue, formalize the informal sector, deepen financial markets, and maximize the country’s human resource dividend to enhance Kenya’s ability to mobilize its own capital for development. In its newly released Country Focus Report (CFR) for Kenya, themed…
“AAIB submits its preliminary report on the AI 171 plane crash to the ministry of civil aviation and the concerned authorities. The report filed is based on the initial findings of the probe,” ANI quoting its top sources said. While the contents of the preliminary report are unknown, it is believed that it will give…
Preliminary operating profit tumbled 46.6 percent from a year earlier to 639.1 billion won (467.1 million U.S. dollars) in the April-June quarter, missing marketing expectations of about 750 billion won (548.1 million dollars). The double-digit reduction was attributed to the delayed consumer demand at home, the U.S. protectionist moves, and the stiffer competition. Preliminary revenue…
JULY 6 – Elon Musk says he is launching a new political party, weeks after dramatically falling out with US President Donald Trump. The billionaire announced on his social media platform X that he had set up the America Party, billing it as a challenge to the Republican and Democratic two-party system. However, it is…
JULY 5 – As Donald Trump cheered the passage of his self-styled, and officially named, Big Beautiful Budget Bill through Congress this week, long-sown seeds of doubt about the scale and sustainability of US borrowing from the rest of the world sprouted anew. Trump’s tax-cutting budget bill is expected to add at least $3 trillion…
JULY 4 – It’s pitch black and we’re crawling along a secret underground tunnel beneath a high street in Hull. We pass rotting beams propped up precariously by stacked breeze blocks. A rusty car jack is helping prevent the shop floor above from falling in. Through the rubble, we follow a Trading Standards Officer, his…
JULY 3 – Tens of thousands of passengers have been hit by a French air traffic control strike that has cancelled flights in France on Thursday and Friday and had a knock-on effect elsewhere in Europe. Budget airline Ryanair said it had been forced to cancel more than 170 flights and the holiday plans of…
JULY 2 – Qantas is contacting customers after a cyber attack targeted their third-party customer service platform. On 30 June, the Australian airline detected “unusual activity” on a platform used by its contact centre to store the data of six million people, including names, email addresses, phone numbers, birth dates and frequent flyer numbers. Upon…
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