HSBC to purchase UK arm of Silicon Valley Bank for financial stability

HSBC, a leading bank in the United Kingdom has stepped forward to buy the UK division of the Silicon Valley Bank, which has recently undergone a sudden collapse. This will be a great support to the technological firms in the UK, which were facing potential challenges due to this setback. The custome


Workers in the offshore oil, gas and renewable sector of the United Kingdom demand for public ownership in energy companies, in order to ensure that jobs, communities, and the environment remains protected amid the country’s net-zero transition. This move comes along the heels of concerns aris

PDP-Labour Party accuse APC & Inec of compromising electoral process

Ahead of the declaration of the results of tightly contested presidential elections in Nigeria, the opposition parties, Peoples Democratic Party and the Labour Party have claimed lack of transparency in the results. This is the first national election where an electronic voting machine was used to c

Mauritius halts flights to brace for imminent impact of Cyclone Freddy

Mauritius has reportedly decided to take precautionary measures to prepare for the impact of the impending Cyclone Freddy, which is being touted as a direct threat to the Indian Ocean. As part of these measures, Mauritius has grounded flights and closed its stock exchange in preparation for the trop

Britain’s health workers begin largest strike, putting strain on NHS

Health workers in the United Kingdom reportedly started their biggest strike on Monday, where tens of thousands of ambulance workers and nurses walked out of a burgeoning wage dispute, straining the National Health Service (NHS). Since late 2022, ambulance workers and nurses have been protesting

Nigeria appeals to nullify $11B damages bill over the failed gas project

Nigeria has reportedly appealed against an $11 billion damages bill that is in progress. For the unversed, the lawyers of Nigeria told London's High Court that Nigeria was the victim of a campaign of corruption and deceit over a collapsed gas processing project. According to credible reports,

Nairobi Securities Exchange’s investors lose $6B wealth amid inflation

Nairobi Securities Exchange (NSE) investors have reportedly lost nearly Ksh777.83 billion ($6.37 billion) in nine months as the valuation of listed companies fell by 28% between January and September during a prolonged bear run on the floundering stock market. According to the Central Bank's

Ethiopian delegation visits Tigray since the beginning of the war

An Ethiopian federal delegation was reportedly on its way to Tigray on Monday morning to make the first official visit by senior federal regulators over two years just after the beginning of the war in the rebel area. On November 2, the government and rebel leaders signed a deal in Pretoria to ce

Hong Kong eases COVID-19 test rules for bars and entertainment venues

People going to bars and entertainment venues in Hong Kong are no longer required to show a negative Covid-19 result from Thursday. Apparently, cinemas and theatres are reportedly allowed to run at full capacity as well. For almost three years, Hong Kong has mainly essayed China's lead in com