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19848 articles published since 08 Mar 2022

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S.Africa's blackouts force solar-powered town to life in the dark
S.Africa's blackouts force solar-powered town to life in the dark
Business and Economy

A South African town has been left fuming after a legal battle with a state-owned power utility forced its solar plant to dump desperately needed electricity in a country suffering a record energy crisis. - Solar farm - Africa's most industrialised country has been battered by record blackouts over the past year due to shortfalls in generation at Eskom's coal-powered plants.

G7 to squeeze Russia, weigh risk of China's 'economic coercion'
G7 to squeeze Russia, weigh risk of China's 'economic coercion'
Business and Economy

G7 leaders arrived in Hiroshima, Japan, on Thursday to weigh tighter sanctions on Russia and protections against China's "economic coercion", surrounded by reminders about the harrowing cost of war. He arrived in Hiroshima Thursday, becoming just the second US president after Barack Obama to visit a city levelled by his country's "Little Boy" atomic bomb.

UK telecoms firm BT to axe up to 55,000 jobs by 2030
UK telecoms firm BT to axe up to 55,000 jobs by 2030
Business and Economy

British telecoms group BT said Thursday it will axe up to 55,000 jobs by the end of the decade in the latest tech jobs cull in response to rampant inflation. The grim news follows the axing this year of tens of thousands of jobs across the global tech sector, including by Facebook parent Meta, as soaring inflation also saps the world economy.

UK touts $22 bn in Japanese investment as Sunak visits Tokyo
UK touts $22 bn in Japanese investment as Sunak visits Tokyo
Business and Economy

Prime Minister Rishi Sunak Thursday announced Japanese investment of more than $22 billion into the UK, but accepted carmakers' concern about Brexit trade rules as he confirmed talks with the European Union. European carmaker Stellantis has warned it could close some UK factories should Sunak's government fail to tweak Brexit trade rules, to ease the supply of batteries for electric vehicles.

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