Tesco has announced plans to cut 400 jobs as part of a broader initiative to streamline its operations and enhance efficiency. The job reductions will primarily affect head office management, Tesco Mobile store managers, and staff working in the supermarket chain’s in-store bakeries. CEO Matthew Barnes emphasized that while these were difficult decisions, they were […]
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A passenger jet and a helicopter collided near Ronald Reagan Washington National Airport on Wednesday evening, leading to a significant emergency response and a search-and-rescue operation in the nearby Potomac River. Authorities have not confirmed any casualties, but the incident resulted in a halt of all takeoffs and landings at the airport, located just southwest […]
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“Access to electricity is not just a matter of convenience; it is a fundamental human right that underpins economic growth, education, healthcare, and gender equality,” Ms. Mohammed told African Heads of State attending the Mission 300 Africa Energy Summit in Dar es Salaam, Tanzania. The Summit brought together African leaders and development partners to […]
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Meta has exceeded Wall Street’s expectations with a record-breaking performance in its fourth-quarter earnings for 2024. The company reported a 21% year-over-year increase in revenue, reaching $48.6 billion, alongside a 49% jump in profit, which surged to $20.8 billion. These figures were significantly higher than analysts’ forecasts, which predicted earnings of $6.75 per share on […]
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A notable shift in global gold markets has emerged as the United States sees a significant surge in bullion shipments, prompting concerns about a growing shortage of gold in London. Traders have accumulated a substantial stockpile of gold in New York, estimated at $82 billion, primarily driven by fears surrounding potential tariffs under the Trump […]
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The move from the UN agency dedicated to ending the disease came in response to an immediate 90-day funding pause for all foreign assistance laid out in an executive order by President Trump, including the US President’s Emergency Plan for AIDS Relief (PEPFAR). PEPFAR is the world’s leading HIV initiative which directly supports more than […]
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Myanmar’s Enduring Polycrisis: Four Years into a Tumultuous Journey, launched on Wednesday, points to the bleak picture of a nation in freefall, with nearly half the population living below the poverty line, essential services crumbling and the economy in disarray. With no political resolution in sight, the crisis is expected to worsen in the coming […]
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A new framework to rekindle economic productivity and secure the EU’s competitive edge has been presented by the European Commission. The Competitiveness Compass builds on the recommendations set out in Mario Draghi’s report on the future of European competitiveness. It will steer the EU’s work on competitiveness over the next five years and translate […]
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The internet also remains down in the provincial capital and only mobile phone networks are functioning, with M23 fighters apparently in control of “a significant portion of the city” after intense clashes with the Congolese army, UN agencies reported on Wednesday. Aid teams from the UN World Health Organization (WHO) “cannot move freely to support the hospitals, […]
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The European Union has taken a significant step towards easing its sanctions on Syria, endorsing a conditional “step-by-step” roadmap aimed at the temporary suspension of restrictions. The sanctions relief, focused initially on banking, energy, and transport sectors, is contingent on tangible progress by Syria’s new authorities. EU High Representative Kaja Kallas announced that the suspension […]
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