A strike by minibus taxi drivers in Cape Town has triggered violence that’s claimed the lives of five people, including a British doctor, and shows no signs of ending as authorities in South Africa’s second-largest city refuse to bow to their demands to release impounded vehicles.
The chief executive officer of Zurich Insurance Group AG has spoken out against the network of voluntary climate alliances that represent some of the biggest names in global finance, calling them “political and bureaucratic.”
Potential strikes at three major liquefied natural gas facilities in Australia could disrupt about 10% of global exports of the fuel and deliver a new energy price shock across Asia and Europe.
Philippine President Ferdinand Marcos Jr. has issued an order suspending nearly two dozen land reclamation projects in Manila Bay to assess their environmental and social impact, according to his environment chief.
Inflation concerns are threatening to keep US Treasury yields higher for longer, worsening a slide in Asia stocks as investors sell chip shares after their recent rally.
The blank-check firm struggling to take Donald Trump’s social media company public rallied in premarket trading after the two companies reached an agreement that pushes back one impediment to the deal reaching completion. Others still loom.
The leaders of a military coup in Niger are depriving ousted President Mohamed Bazoum of food, water and electricity at an army camp where he’s been held captive for the past two weeks, according to people familiar with the matter.
Tsinghua Unigroup Co. is considering options including a sale of its French smart-card components maker Linxens, people familiar with the matter said, as it emerges from a contentious restructuring.
Portugal and Greece are on high alert for wildfires, while Spain is expecting temperatures as high as 44C (111F) as Europe’s latest blast of heat persists over Iberia.
Deliveroo Plc took strides toward hitting a profit and announced plans to issue a £250 million ($319 million) capital return to shareholders as the food delivery company emerged from a rough post-pandemic period.
