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S.Africa's ex-transport bosses charged over Zuma-era graft case
S.Africa's ex-transport bosses charged over Zuma-era graft case
by  AFP

Four former executives at South Africa's failing transport company were arrested and charged Monday over allegations of corruption worth millions of dollars in a high-profile case linked to the plunder of state resources. The web of corruption that hollowed out the companies is commonly referred to as "state capture" in South Africa.

ADB acting on US concerns over China, bank chief tells AFP
ADB acting on US concerns over China, bank chief tells AFP
by  AFP

The Asian Development Bank was trying "very hard" to accommodate US concerns over lending to China, the bank's president told AFP, including by slashing loans to the world's second-largest economy. "I try very hard to accommodate the issues of the United States," he said.

NGO loses bid to block UK export of military equipment to Israel
NGO loses bid to block UK export of military equipment to Israel
by  AFP

The High Court in London rejected a legal challenge on Monday brought by a Palestinian rights group seeking to block the UK from supplying components for Israeli F-35 fighter jets. In its claim to the High Court, rights group Al-Haq called for a judicial review, saying the "carve out" was unlawful and alleging the government had misunderstood the applicable rules of international law.

'Embracing AI': TomTom cuts 300 jobs
'Embracing AI': TomTom cuts 300 jobs
by  AFP

Dutch car navigation firm TomTom said on Monday that it was slashing 300 jobs, roughly 10 percent of its workforce, as it seeks to stem financial losses and "embraces artificial intelligence". TomTom announced in a statement that it was "realigning its organisation... as it embraces artificial intelligence", resulting in "organisational changes".

Bangladesh's biggest port resumes operations as strike ends
Bangladesh's biggest port resumes operations as strike ends
by  AFP

Bangladesh's biggest port resumed operations on Monday after customs officials called off a strike that had disrupted the export and import of goods for around 48 hours. Senior NBR official Hasan Muhammad Tarek Rikabdar said they called off the strike after positive pledges from the government.