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Greek unions launch 24-hour walkout over train tragedy
Greek unions launch 24-hour walkout over train tragedy
Business and Economy
by  AFP

Greek unions on Thursday begin a 24-hour walkout with demonstrations planned in major cities to voice outrage over last month's train disaster, which claimed 57 lives. The tragedy has exposed decades of safety failings in Greek railways and has put major pressure on the conservative government ahead of national elections.

Philippine social media users face barrage of bogus medical posts
Philippine social media users face barrage of bogus medical posts
Business and Economy
by  AFP

Philippine vlogger Rosanel Demasudlay holds a heart-shaped "virginity soap" bar in front of the camera and assures her hundreds of YouTube followers it can be safely used to "tighten" their vaginas. She falsely claimed the "Bar Bilat Virginity Soap" had been approved by the Philippine Food and Drug Administration as a treatment for skin conditions and a way to tighten the vagina.

Credit Suisse says it will borrow up to $53.7 bn from central bank
Credit Suisse says it will borrow up to $53.7 bn from central bank
Business and Economy
by  AFP

Credit Suisse announced Thursday that it would borrow almost $54 billion from the Swiss central bank to reinforce the group after a plunge in its share prices. In a statement, Credit Suisse said the central bank loan of up to 50 billion francs ($53.7 billion) would "support... core businesses and clients", adding it was also making buyback offers on about $3 billion worth of debt.

Social media frenzy fuels bank busting panic
Social media frenzy fuels bank busting panic
Business and Economy
by  AFP

Fearful Twitter posts and anxious WhatsApp exchanges coupled with online banking ease are seen as helping power an internet-age run on a pair of now-collapsed American lending institutions. At that time, Twitter and iPhones were fledgling products; there were no WhatsApp groups, no Slack chat threads, Welburn noted.