Author name: Blessing Famose

North Korea Fires Ballistic Missile Amid Dispute Over Border Mine Blasts

North Korea fired a ballistic missile towards the sea on Saturday, according to South Korea’s military, as tensions continue over landmine blasts near the border between the two countries. South Korea’s Joint Chiefs of Staff said the missile was launched from the Wonsan area on North Korea’s east coast at about 6.30am local time. It

North Korea Fires Ballistic Missile Amid Dispute Over Border Mine Blasts Read More »

G7 Agrees to Release 100 Million Barrels of Oil and Fuel Stocks as Prices Rise

G7 leaders have agreed to coordinate the release of 100 million barrels of oil and fuel stocks through the International Energy Agency (IEA), with a substantial amount of diesel due to reach the market within the first 20 days. The release is set to begin immediately and run over four months. In their joint statement⁠,

G7 Agrees to Release 100 Million Barrels of Oil and Fuel Stocks as Prices Rise Read More »

Paramount Warner Bros Discovery Parent Company to Be Named Skydance, Ellison Says

The company formed by Paramount’s planned takeover of Warner Bros Discovery will be named Skydance, chief executive David Ellison said on Friday. The Paramount and Warner Bros film studios will continue to use their own names. The announcement concerns the identity of the parent company. It does not mean the two studios will be renamed

Paramount Warner Bros Discovery Parent Company to Be Named Skydance, Ellison Says Read More »

Dutch Royal House Supported Colonialism for Centuries, Independent Study Finds

The Dutch royal family supported colonialism for centuries and benefited from it, according to an independent study presented to King Willem-Alexander on Friday. Researchers examined the House of Orange-Nassau’s role from 1600 to the present. They found that earlier generations regarded Dutch colonial rule as legitimate, accepted violent campaigns against resistance, and, while slavery existed, did

Dutch Royal House Supported Colonialism for Centuries, Independent Study Finds Read More »

A detailed close-up photo of the USA flag waving on a bright, clear day.

US Adds 29,000 Jobs in September as Earlier Hiring Figures Are Cut

US employers added 29,000 jobs in September, according to figures released on Friday by the Bureau of Labor Statistics. The unemployment rate was 4.2%, compared with 4.1% in August. The monthly gain was below the 45,000 jobs added on average over the previous 12 months. Economists surveyed by Reuters had expected about 90,000 new jobs.

US Adds 29,000 Jobs in September as Earlier Hiring Figures Are Cut Read More »

Man City Verdict a Talking Point in England Camp, Tuchel Says

England manager Thomas Tuchel says players have been discussing the financial rules verdict against Manchester City, but he does not expect the case to affect preparations for Saturday’s Nations League match against Croatia. Speaking in Rijeka on Friday, Tuchel said the ruling was a major topic within the squad. He had spoken briefly with City’s

Man City Verdict a Talking Point in England Camp, Tuchel Says Read More »

Yemen Fighting Deepens Hunger as WFP Finds 74% of Monitored Households Lack Enough Food

Renewed fighting in Yemen has sharply worsened access to food in areas monitored by the World Food Programme, which says 74% of households in accessible government-held areas cannot meet their basic food needs. The figure comes from WFP’s recent monitoring. It describes households in the areas the agency could reach; it is not a finding that

Yemen Fighting Deepens Hunger as WFP Finds 74% of Monitored Households Lack Enough Food Read More »

Disney Television Restructuring Could Bring Hundreds of Job Cuts, Report Says

Disney is planning a restructuring of its television business that could consolidate divisions and result in hundreds of job cuts, according to The Wall Street Journal⁠. The newspaper cited people familiar with discussions inside the company. The proposals have not been finalised, so the number of roles affected and the eventual shape of the business remain

Disney Television Restructuring Could Bring Hundreds of Job Cuts, Report Says Read More »

Nike’s Sales Decline Tests Investor Confidence in Elliott Hill’s Turnaround

Nike’s latest sales figures and full-year forecast have raised fresh questions about how quickly chief executive Elliott Hill can restore growth to the sportswear company. Revenue fell 4% to $11.2 billion in the first quarter of Nike’s 2027 financial year, which ended on 31 August. The company expects revenue to fall by a high single-digit

Nike’s Sales Decline Tests Investor Confidence in Elliott Hill’s Turnaround Read More »

Broadcom Could Provide Anthropic Up to $42 Billion for AI Chip Leases

Broadcom could provide Anthropic with up to $42 billion in financing to help the artificial intelligence company pay for computing capacity, according to company filings examined by Reuters. The arrangement is part of a wider relationship in which Broadcom helps supply the technology Anthropic needs to develop and run its Claude AI models. The $42

Broadcom Could Provide Anthropic Up to $42 Billion for AI Chip Leases Read More »