Economy
Bruce Springsteen is officially a billionaire
The Boss is officially a billionaire, Forbes said Friday, estimating that Bruce Springsteen is conservatively worth $1.1 billion. The guitar hero bard behind hits including "The River" has solidified much of his wealth in recent years, the financial outlet indicated, in no small part due to a blockbuster sale in 2021 of his music catalog to Sony for an estimated half-a-billion dollars.
US to phase out federal purchase of single-use plastics
President Joe Biden's administration on Friday announced plans to phase out single-use plastics in all federal operations by 2035, as part of a broader effort to combat what it deemed a rising global crisis.
Adidas drops Bella Hadid from campaign over Gaza controversy
Adidas said Friday it had dropped vocal pro-Palestinian model Bella Hadid from an advertising campaign for retro sneakers referencing the 1972 Munich Olympics, which were overshadowed by a massacre of Israeli athletes. Pictures of the American model wearing the retro Adidas shoes had caused an outcry among pro-Israeli groups.
Top 10 African countries' minimum wage ranked as Tinubu approves $44 monthly for Nigerian workers
President Bola Tinubu has reached an agreement with the Nigeria Labour Congress on a new minimum wage of N70,000, which is one of the lowest in Africa.
Paris shops, restaurants say Olympics hammering business
Paris shops, restaurants, bars and clubs are facing an "unprecedented slump in business and footfall", trade groups said Friday, blaming in part the "heavy security measures" imposed ahead of the Olympic Games starting July 26.
Global IT outage: The main sectors affected
A massive IT blackout on Friday affected a wide range of sectors around the world, from Japan to the United States. - Other sectors - In Japan, some operations at McDonald's restaurants were disrupted, and in Australia, self-service checkout terminals at one of the country's largest supermarket chains displayed error messages.
Everton takeover talks called off
Everton's potential sale to the Friedkin Group will not go ahead after the Premier League club failed to reach an agreement with the American investors. Everton said the Friedkin Group would remain a lender to the club, who were twice docked points last season over breaches of Premier League financial rules.
Full list: Dangote, FMN, Tolaram, 6 others to make first export under AfCFTA
Five years after formally approving the agreement in Niamey, Niger, Nigeria began conducting intra-African trade on Tuesday, in accordance with the AfCFTA protocol.
EU, Serbia to ink 'critical raw materials' deal
The European Union and Serbia were set to sign a deal Friday over the supply of battery materials during a "critical raw materials summit", just days after Belgrade allowed work to resume at a disputed lithium mining project.
Economy
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