Ecuador's youngest mayor found shot dead

By Vanessa Buschschlüter Ecuador’s youngest mayor, Brigitte García, has been shot dead. The 27-year-old and her press officer were found dead in a car on Sunday in the town of San Vicente, where she had won the mayoral election last year. No arrests have been made so far and it is not clear what the […]

Binance executive escapes Nigerian custody as authorities file new tax charges

The logo of cryptocurrency exchange Binance displayed on a smartphone with the word “cancelled” on a computer screen in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images One of two Binance executives detained in Nigeria has escaped custody, while the Nigerian government has filed new tax evasion charges against the global […]

Stampede at Nigeria cash hand-out kills seven

By Mansur Abubakar Seven people, including an eight-year-old girl, have been killed in a stampede at a charity event in Nigeria. On Sunday, a businessman in Bauchi state, in the north-east, had invited residents to collect 5,000 naira ($3.70; £2.90) each. The event attracted a big crowd and “before you knew it things got out […]

V2 Retail opens stores in Siliguri, Telibagh

Value fashion and lifestyle retailer V2 Retail has launched two new brick-and-mortar stores in Siliguri and Telibagh (Lucknow) to cater to shoppers in West Bengal and Uttar Pradesh respectively as part of its plan to open 35 new brick-and-mortar stores in India this calendar year. V2 Retail continues to open new stores in Tier 2 and […]

GoStudent, the online learning platform, says it’s now profitable

GoStudent — the online tutoring marketplace last valued at $3.2 billion — has carved out a position for itself as one of the biggest and more popular startups to come out of Vienna, Austria, with 11 million families and 23,000 tutors on the platform. Now it’s adding another distinction to the list: It is profitable. […]

Deadline in Trump's $464m fraud case hours away

By Madeline Halpert Donald Trump has just a few hours left to prevent the seizure of his assets in a business fraud case that threatens his fabled property empire. A deadline for him to pay the $464m (£365m) penalty for inflating his net worth is due to expire on Monday. If Mr Trump fails to […]

EU opens investigations into Apple, Meta and Google

By Tom Gerken The EU has announced investigations into some of the biggest tech firms in the world over uncompetitive practices. Alphabet, which owns Google, Meta, and Apple are all being looked into for potential breaches of the Digital Markets Act (DMA) introduced in 2022. If they are found to have broken the rules, the […]

Commercial Bank of Ethiopia ‘glitch’ sees customers withdraw millions

ADDIS ABABA, Ethiopia – Dec. 7, 2023: A branch of the Commercial Bank of Ethiopia in Addis Ababa. Bloomberg | Bloomberg | Getty Images Ethiopia’s largest bank is struggling to recoup millions of dollars after a glitch over the weekend allowed customers to withdraw unlimited funds, according to local media reports. More than $40 million […]