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Crew Onboard Submersible Dead, OceanGate Confirms

Sub operator, OceanGate says all five people onboard a missing submersible near the wreck of the Titanic have been lost. “We now believe that our CEO Stockton Rush, Shahzada Dawood and his son Suleman Dawood, Hamish Harding, and Paul-Henri Nargeolet, have sadly been…

Carlos Ghosn Sues Nissan for $1bn in Defamation Suit

Former Nissan boss Carlos Ghosn has reportedly sued the carmaker for more than $1bn. The filing marks Mr Ghosn's latest effort to clear his name after he was ousted from the firm in 2018 and arrested in Japan on financial misconduct charges.…

UK Cuts Tariffs On Products From Nigeria, 64 Others

The United Kingdom (UK) on Monday simplified trading rules and cut tariffs on products from developing countries, including Nigeria, saving businesses and consumers millions of pounds a year. The UK’s new post-Brexit Developing Countries Trading Scheme (DCTS) scheme, which entered into force yesterday,…

War Must End, Ramaphosa Tells Putin

South Africa’s president, in Russia as part of a delegation pushing for peace between Kyiv and Moscow, told his Russian counterpart Vladimir Putin on Saturday that the fighting had to stop. His delegation put forward a set of principles that the Kremlin deemed…

IMF Backs CBN’s Exchange Rate Unification Policy

The International Monetary Fund (IMF) Friday gave its backing to the Central Bank of Nigeria (CBN’s) exchange rate unification policy. The policy, which collapsed all exchange rates into the Investors and Exporters (I&E) window, allows market forces to determine exchange rates. The IMF said…

England Appoints First Female Lord Chief Justice

Veteran UK lawyer Sue Carr was named Thursday as the first woman to serve as the most senior judge for England and Wales in the role of lord chief justice, which dates back to the 13th century. Carr, 58, was appointed to succeed…


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