BMW offers severance packages to employees to cut 8 000 jobs
As the carmaker tries to become leaner to better compete with rivals from China.
Ex-lottery officials ordered to repay R6m for ghost sports complex
Former National Lotteries Commission officials, foundation members and companies diverted funds for a Soweto sports complex that was never built.
Mozambique picks Chinese investors to build one-stop border post
Adding to two other logistics deals secured by the firms.
Hermès sales rise as brand shows resilience during luxury slump
Revenue rose 6.7% at constant exchange rates in the second quarter to about €4.1bn, Hermès International SCA said.
OpenAI models accessed cloud platform before Hugging Face hack
The agent gained access to an isolated testing environment known as a sandbox that Modal was running for a customer, said Akshat Bubna.
UEFA considering boycott of FIFA tournaments
In a seismic rift between the most powerful governing bodies of football.
Ford soared 44% on AI hype, now traders want proof it’s real
Ford shares were up 1.5% Tuesday as of 2:30 p.m. in New York.
China bolsters its influence over Africa’s youth, survey shows
While nations ranging from Germany and the UK to India are now viewed more favourably than the US.
Gold wavers as Fed rate decision looms and Mideast tensions rise
Spot gold rose 0.1% to $4 033.32 an ounce at 6:56 a.m. in London.
FIFA explores external investment with $20bn vehicle
With football’s governing body opening itself to outside investment for the first time.