Economy
Sydney, Australia, Nov 20 (EFE).- The chief executive officer of Australian telecommunications giant Optus, Kelly Bayer Rosmarin, stepped down following an outage that left 10 million people incommunicado on Nov. 8, the parent company, Singtel, announced Monday. “On Friday I had the opportunity to appear before the Senate to expand...
Kathmandu, Nov 17 (EFE).- At least a dozen appeals were filed Friday before the Supreme Court of Nepal to challenge the recent government ban on Chinese social network TikTok. “We have registered their writ. The hearing will begin on Monday,” supreme court spokesperson Bhadrakali Pokharel told EFE. Earlier this week,...
Sydney, Australia, Nov 17 (EFE).- Optus, Australia’s second largest telecommunications company, said Friday that it lacked a crisis plan to face a large-scale blackout like the one that left more than 10 million people without data or internet access earlier this month. «We did not have a plan for this...
Kabul, Nov 15 (EFE).- The return of regular flights Wednesday to Afghanistan by the low-cost company Flydubai, from the United Arab Emirates, was welcomed with optimism by the Taliban as a sign of normalization since they seized control of the country in August 2021. “The initiation of Flydubai flights to...
New York, Nov 14 (EFE).- The parent company of Truth Social, the social network created by former US President Donald Trump, has lost $ 73 million (67 million euros) since its inception in early 2022, according to a document filed Tuesday with the US stock market regulator ahead of a...
By Azad Majumder Dhaka, Nov 13 (EFE).- Bangladesh is witnessing a surge in deadly violence as millions of textile workers take to the streets for a decent wage, with clashes claiming four lives so far. The demand for a hike has been met with opposition from employers and the government,...
Sydney, Australia, Nov 12 (EFE).- Australia on Sunday continued to probe a «nationally significant cyber incident» that led to the closure of major ports in the country, including Sydney and Melbourne. “The Australian Government continues to work with DP World Australia to resolve a nationally significant cyber incident that has...
Washington, Nov 10 (EFE).- The International Monetary Fund (IMF) and Ukraine on Friday reached a staff-level agreement on economic and financial policies for the second review of a $15.6 billion loan that will allow the disbursement of $900 million in aid after approval by the global lender’s executive board. Spain’s...
Bangkok, Nov 9 (EFE).- Thailand’s JKN Global Group that owns Miss Universe organization, announced Thursday that it has filed a petition for business rehabilitation at the Thai Bankruptcy Court. The company, led by trans activist Jakapong Anne Jakrajutatip, said in a statement that it had decided in a board meeting...
Nairobi, Nov 9 (EFE).- The El Niño meteorological phenomenon, leading to severe drought in southern Africa, is expected to trigger a severe food crisis for 20 million people in this region, the Famine Early Warning Systems Network (FEWS NET) said. “More than 20 million people across Southern Africa are expected...
Sydney, Australia, Nov 9 (EFE).- The Australian government on Thursday ordered a review of the outage at Optus, the country’s second largest telecommunications company, which left more than 38 percent of the population cut off for at least 9 hours the previous day. «Connectivity is absolutely essential for Australian consumers...
Brussels, Nov 8 (EFE).- European finance ministers acknowledged on Wednesday that economic growth has slowed in recent months, but ruled out that the economy is heading for a deep recession. «The euro area continues to remain resilient and there is no reason to expect a deep or a protracted recession,»...
