The News South Africa is hoping to lure back engineers working abroad as part of a recruitment drive to ramp up nuclear power capacity and ultimately supply about a tenth of the nation’s electricity, the country’s most ambitious energy project in decades. The plan aims to attract skilled migrants and ...
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Burjeel healthcare group puts Islamic bond on holdBurjeel healthcare group puts Islamic bond on hold
The Scoop Burjeel Holdings postponed a planned $1.5 billion Islamic bond issue over the Iran war, pivoting from preparing to close the deal in London to ensuring its Gulf emergency rooms were well stocked in the early days of the conflict, the CEO of the Abu Dhabi-listed hospital group told ...
Faulty assumptions leave Africa unprepared for a prolonged Iran shockFaulty assumptions leave Africa unprepared for a prolonged Iran shock
Most African governments are betting that the Iran shock will be short-lived. African leaders are hoping that modest policy tweaks will help them weather a crisis that has lifted oil prices, halted fertilizer supplies, and choked shipping traffic. That assumption is shaky, at best, and could prove very costly. Given ...
UK hopes king’s US visit improves tiesUK hopes king’s US visit improves ties
King Charles III arrives in Washington today with Britain hoping the royal touch can help ease increasingly strained relations with the US. UK Prime Minister Keir Starmer has infuriated US President Donald Trump by refusing to take part in the Iran war; in theory the state visit is unrelated, but ...
What’s next for Letterboxd?What’s next for Letterboxd?
The Scoop The controlling investor in Letterboxd, the social platform for movie lovers that’s one of the few success stories in 2020s digital media, is looking to sell its stake in a company that plays a powerful and growing role in the global film business. The Canadian holding company Tiny ...
Kenya’s Sawe breaks 2-hour marathon recordKenya’s Sawe breaks 2-hour marathon record
Kenyan athlete Sabastian Sawe made history at the London Marathon on Sunday by becoming the first athlete to run a marathon in under two hours in a competitive race. Sawe finished the race in 1 hour, 59 minutes, and 30 seconds, shattering the previously held men’s marathon world record, set ...
China bolsters gig workers’ protectionsChina bolsters gig workers’ protections
Beijing formalized labor rules for gig workers on online platforms, including delivery drivers and livestreamers, as the sector takes on a larger role in China’s economy. The guidance, which requires tech companies to provide fair pay and stronger protections, signals “a shift from ad-hoc regulation to normalization of the platform ...
US-Iran peace hopes stall as Trump calls off Pakistan talksUS-Iran peace hopes stall as Trump calls off Pakistan talks
Mounting tensions between the US and Iran scuttled a second round of peace talks that were set to happen in Pakistan over the weekend. US President Donald Trump called off his envoys’ trip to Islamabad after saying Iran “offered a lot, but not enough.” Trump faces the choice of escalating ...
AI stock enthusiasm heats back upAI stock enthusiasm heats back up
AI enthusiasm in equity markets roared back before a crucial week for Big Tech. Following months of underperformance and despite economic turmoil stemming from the Iran war, US tech stocks have rebounded in part because investors have “proved willing to buy anything with an AI label slapped on it,” The ...
Political violence reaches heart of US establishment with press gala shootingPolitical violence reaches heart of US establishment with press gala shooting
The gunman who tried to storm the White House Correspondents’ Dinner was targeting US administration officials, authorities said Sunday citing a manifesto, in the latest instance of political violence to hit Washington. The suspect was fired at and apprehended after sprinting past a security checkpoint, prompting a chaotic scene in ...