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Credit Suisse expects Q4 pre-tax loss of $1.6 bn
Credit Suisse expects Q4 pre-tax loss of $1.6 bn
by  AFP

Credit Suisse stocks tumbled again Wednesday after announcing it expects a surprise fourth-quarter pre-tax loss of up to $1.6 billion as it launches into a radical overhaul of its operations. Credit Suisse launched its new strategy following huge third-quarter losses, in a bid to repair the damage following a series of scandals.

A greener ride: West Africans switch on to electric motorbikes
A greener ride: West Africans switch on to electric motorbikes
by  AFP

Beninese hairdresser Edwige Govi makes a point these days of using electric motorbike taxis to get around Cotonou, saying she enjoys a ride that is quiet and clean. One point in particular makes him and his wallet happy: no more fuelling up.

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