Posts by Cosmopolitan Canada
Kenya’s president cancels major deals with Adani Group
Kenya’s President William Ruto has cancelled two major deals involving Indian billionaire Gautam Adani, after the tycoon was indicted for fraud by US prosecutors. In his state-of-the-nation address on Thursday, Ruto said the deals had been cancelled based on “new information provided by our investigative agencies and partner nations”. The day before, Mr Adani, India’s…
Read MoreDebate flares in Italy over Meloni party’s ‘fascist flame’
A minister in the government of Italian Prime Minister Giorgia Meloni has proposed removing the green, white and red flame in her party’s logo that recalls the fascism of wartime dictator Benito Mussolini, a press report said on Thursday. “If we want to look forward, then the time will come to douse the flame,” Minister…
Read MoreSinochem may retain three bankrupt refineries in China due to low auction interest
Sinochem Group is considering retaining three bankrupt oil refineries in eastern China after auctions to sell them attracted little interest, reported Reuters, citing sources. This situation highlights the challenges facing China’s refining sector as the world’s largest oil importer grapples with declining fuel demand and increased regulatory scrutiny. Sinochem’s refineries, known as teapots, are particularly…
Read MoreFord to cut 4,000 European jobs amid economic and EV challenges
Ford Motor Co. will reduce its European workforce by 4,000 employees by the end of 2027, citing economic pressures, weaker-than-expected electric vehicle (EV) sales, and growing competition in the EV market, AAP reported. The restructuring will primarily affect jobs in Germany and the United Kingdom, with a smaller impact across other European Union countries. The…
Read MorePolice in Finland arrest five suspects over separatist violence in southeast Nigeria
HELSINKI, Finland (AP) — Police in Finland said Thursday they had detained five suspects in connection with deadly violence in southeastern Nigeria and were seeking a court extension of the detensions. The police did not identify the suspects, only saying that a dual Finnish-Nigerian citizen, born in the 1980s, was under criminal investigation. However, Simon…
Read MoreKey witness is Germany’s ‘cum-ex’ tax fraud scandal goes on trial
The accused lawyer Kai-Uwe Steck (L) sits next to his lawyer Gerhard Strate in the courtroom. A criminal trial against one of the key figures in Germany’s biggest tax scandal, the illegal cum-ex share transactions, has begun at the Bonn Regional Court. Thomas Banneyer/dpa A criminal trial against one of the key figures in Germany’s…
Read MoreZoo says Ukraine lionesses getting ‘second chance’
Two lionesses rescued from a Ukrainian war zone have arrived at Five Sisters Zoo in West Lothian. Luna and Plusza – both aged four – arrived at the zoo on Wednesday night. The sisters were originally rescued in 2022 from an area in Eastern Ukraine that had been affected by heavy bombing. Zoo officials said…
Read MoreChina’s second-richest man demands apology from ByteDance founder over online attacks
China’s second-wealthiest man on Wednesday made a surprise demand that the country’s richest man, founder of ByteDance, apologise for the perceived role that TikTok’s Chinese sibling Douyin has played in “spreading rumours and misinformation”. Zhong Shanshan, 69 – founder and chairman of China’s largest packaged drinks company Nongfu Spring and the country’s second-richest person, according…
Read MoreThe Putin-Kim bromance grows with a lion, yaks, bears, cockatoos, pheasants, and 40 ducks
Russia announced on Wednesday that Vladimir Putin is gifting Kim Jong Un about 70 animals for his zoo. Russia’s environmental ministry said the animals include a lioness, two bears, two yaks, and over 60 birds. The new set of animals is another touch by Putin to firm up his alliance with North Korea. Moscow has…
Read MoreMali junta chief fires prime minister in row over return to civilian rule
Mali’s military leader has sacked the Prime Minister, Choguel Kokalla Maïga, and his government. It follows rare criticism by Maïga of the junta’s lack of clarity about a once- promised return to democracy. A decree read on state television by junta leader Col Assimi Goïta said the duties of the prime minister and the members…
Read MoreHow will shipping giant’s move affect major port?
As a major container shipping company announces its larger vessels will stop using the Port of Felixstowe, what impact will that have? Maersk said the changes would take effect in February following a review of its Asia-Europe shipping routes. The firm said it had concluded the London Gateway on the Thames estuary in Essex was…
Read MoreDeadly Israeli air strikes hit Gaza – reports
Hospital officials in northern Gaza say many people have been killed in overnight Israeli air strikes. Gazan rescue teams say search operations began early in the morning after Israel bombed at least five buildings in Beit Lahia and Gaza City. Hamas-aligned media say dozens of people were killed and many are still buried in the…
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