Kenyan Firm Sacks 1,000 Workers After Losing Meta Contract
More than 1,000 workers in Kenya have been abruptly laid off by Sama, an outsourcing firm contracted by Meta, after the tech giant terminated its partnership, according to the Oversight Lab.
Business
Oil Prices Plunge to $88 as Iran Says Strait of Hormuz Open
Oil prices have plunged to $88 a barrel after Iran announced the Strait of Hormuz would be 'completely open' to commercial ships during the ceasefire in the US-Israel war with Iran, according to the BBC.
Amazon to Spend $11.57bn on Satellite Firm in Starlink Rivalry
Amazon is set to spend $11.57bn on satellite firm Globalstar, according to the BBC, as it expands its space-based internet and mobile phone services in a growing rivalry with Starlink.
Iran War Escalation Could Trigger Global Recession, IMF Warns
A further escalation in the Iran war could trigger a global recession, spiralling inflation and a sharp backlash in financial markets, the International Monetary Fund has warned, according to The Guardian.
Oil Prices Ease on Hopes of US-Iran Peace Talks
Oil prices eased on Tuesday as hopes of new US-Iran peace talks reduced concerns over energy supply disruptions, according to the BBC.
16-Year-Olds and 16% Upside: Global Developments in 2026
A 16-year-old in Florida has been charged as an adult in the killing of her stepbrother, while analysts predict a 16% upside for Charles Schwab stock in 2026.
Goldman Sachs Sees 19% Rise Amid M&A Surge
Goldman Sachs reported a 19% increase in earnings, driven by a surge in mergers and acquisitions, according to Expansión. Meanwhile, RBC maintained its 'Sector Perform' rating on Goldman Sachs with a price target of $1030, according to boerse.de.
Jack Draper Signs Multi-Year Advisory Deal
Jack Draper has signed a multi-year advisory contract with a team of experts, according to PR TIMES.
Oil Prices Surge Past $103 Amid U.S. and Iran Tensions
Oil prices surged past $103 a barrel as the U.S. announced a blockade of the Strait of Hormuz, intensifying regional tensions and prompting responses from multiple countries.
Failed US Peace Talks Fuel Market Jitters, 70,000 Bitcoin Threshold Tested
Failed U.S.-Iran peace talks triggered market anxiety, with Seoul stocks dropping 2.08% and Bitcoin rising to 71,000 USD as tensions linger.
TV Globo Expands Reach with New Collaborations and Content
TV Globo, Brazil's largest media network, has expanded its influence through new collaborations and content adaptations, including a partnership with América TV for three Brazilian telenovelas.
Ben Shalom’s Strategy Sees 1.07% Increase in Brainsway Ltd Shares
Brainsway Ltd's shares rose 1.07% to 14.300, reflecting continued interest in David Polen's investment strategy focused on quality cash flows and balanced growth.
Fuel Tankers Regain Access to Irish Oil Refinery as Protests Continue
Fuel tankers have regained access to an oil refinery in the Republic of Ireland after a days-long blockade, according to the BBC. The move followed a police operation that pushed back protesters at the Whitegate Refinery in County Cork.
Air Canada’s A350-1000 and Strategic Moves Attract Attention
Air Canada's new Airbus A350-1000 is unlocking new routes previously unreachable by its Boeing 777-300ER, according to Simple Flying.
White House Staff Told Not to Bet on Prediction Markets
White House staff were warned last month not to use insider information to place bets on prediction markets, according to the BBC.