ILO staff with Brazil Labour Minister Luiz Marinho at the Just Transition Pavilion. PHOTO/UN. By PATRICK MAYOYO [email protected] The International Labour Organization (ILO) welcomed the adoption of the Belém Political Package at the 30th meeting of the Conference of the Parties (COP30) to the UN Framework Convention on Climate Change (UNFCCC). The Package, adopted by 195…
Port-Louis, Mauritius — The Mauritius Commercial Bank Limited (MCB) has issued a structured financing package to Invictus Investment Company PLC to support the firm’s expansion across Africa and the Middle East. The facility combines acquisition finance with a revolving credit line, providing Invictus with additional working capital as it scales its agro-food operations. The arrangement…
Carlos Barria/Reuters Google has committed R688-million to support South Africa’s under-pressure media industry, alongside a separate initiative aimed at fostering its long-term growth. This follows the release of the media and digital platforms market inquiry final report by the Competition Commission on Thursday. It marks an about-turn from earlier this year, when the US search…
Multiple people have fallen ill after opening a “suspicious package” delivered to the base of operations for Air Force One. A spokesperson for Joint Base Andrews (JBA) in Maryland, near the US capital, Washington DC, said the building the package was opened in was evacuated and those taken ill were found to be in a…
Tesla’s board of directors has proposed what could be the largest CEO compensation package in history, a move designed to secure Elon Musk’s long-term focus on the company. The plan, which could make Musk the world’s first trillionaire, is tied to a series of performance metrics that appear ambitious, if not far-fetched. Read: Nintendo surprises…
Tesla’s US$1-trillion, 10-year pay package to retain CEO Elon Musk is likely to be approved by shareholders at the company’s annual meeting in November even though the amount is staggering. That is because it was crafted with an eye on keeping Musk in place, addressing concerns about the company’s technical outlook and giving big company…
Top Trump officials toured Alcatraz Island off California today for a visit aimed at measuring the feasibility of reverting the national park to a prison, a demand Trump made on Truth Social back in May. Fox News accompanied Attorney General Pam Bondi and Interior Secretary Doug Burgum as they toured the federal facility, which closed…
Get ready for a futuristic delivery! Future Amazon orders could soon arrive at your door thanks to a humanoid robot workforce. According to The Information, Amazon is developing advanced AI software to power these robots, which will operate as package delivery workers transported by Rivian electric vans. The company is reportedly almost ready to begin…
