Former head of major Vietnamese bank sentenced to death for Fraud involving illegal loans
The former head of a major Vietnamese bank has been sentenced to death for his role in a fraud case involving millions of dollars of illegal loans. Nguyen Xuan Son, [...]
North Korea claims successful hydrogen bomb test
North Korea’s state run TV broadcaster said that Pyongyang successfully tested a hydrogen bomb that can be mounted on a new intercontinental ballistic missile, Yonhap news agency has reported. The [...]eBay partners with MallForAfrica to sell African products in US
Americans can now buy African goods on eBay through the company’s partnership with MallforAfrica.com, according to Techcrunch. The products from select vendors in six African countries among them Nigeria, Kenya, [...]Largest oil refinery in US shuts down amid flooding
The largest crude oil refinery in the United States, Motiva Enterprises’ Port Arthur, Texas, plant was shut down on Wednesday due to immense flooding in the aftermath of Tropical Storm [...]Facebook takes on YouTube Netflix with Watch' Video Platform
Facebook has introduced ‘Watch’, a new video platform for original programming, pitting it against Netflix and YouTube. The programming will be available to view on mobile devices, desktop and laptops [...]South Korea court rules 5-year jail term for Samsung Vice Chairman Jay Y. Lee
A South Korean court has found Samsung Vice-Chairman and heir Jay Y. Lee guilty of bribery, embezzlement and perjury on Friday and was sentenced to five years in prison. Lee [...]Total acquires Maersk Oil for $7.45 billion
French oil giant Total has announced the acquisition of of Maersk Oil, a unit of Danish shipping giant A.P. Moller-Maersk, for US$7.45 billion (€6.35 billion). The company said the deal [...]KPMG Fined Over $6.2M in US after allowing oil firm overvalue assets by 100 times
Audit firm KPMG has been fined more than $6.2 million by the US Securities and Exchanges Commission (SEC) after it signed off the audit of an oil and gas company that had [...]China’s Largest Taxi App DiDi invests in Taxify, Uber's main rival in Africa
China's largest ride-hailing service DiDi has made a significant investment in Taxify, Uber's main rival in Europe and Africa. In a statement on its website, Taxify noted, Under this new [...]Qatar Airways Transports 2nd Batch of 4000 Cows To Support The State Of Qatar’s Dairy Demand
Qatar Airways Cargo, the cargo division of the State of Qatar’s national carrier has transported the country’s first two shipments of 330 Holstein cows from Europe on a Qatar Airways [...]SNC-Lavalin completes transformative acquisition of WS Atkins
Nairobi, 4th July 2017: SNC-Lavalin Group Inc is pleased to announce that it has completed its acquisition of WS Atkins plc (“Atkins”), one of the world’s most respected consultancies in [...]BET-IBC, Your Next Betting Agent
Sports betting can be an engaging activity. Many enthusiasts enjoy leveraging their knowledge of sports to earn money while engaging with their favorite events. To begin, they must register an [...]
