Author: AfricaNews

It also increase penalties for the distribution of counterfeit notes and refusal to accept notes and coins issued by the Central Bank of West …Read More

Foreign workers in South Africa are again facing violence and protests by anti-immigrant groups.Read More

Former Arcadia Mayor Eileen Wang has pleaded guilty to being an illegal agent of the Chinese government. The news filled the unassuming suburban city outside of Los Angeles with anger, disappointment, and murmurs of quiet concern. Fears about spies and Chinese Communist Party influence abounded on social media. Arcadia’s population of about 53,000 is majority Asian, like many other cities in the region. Some residents worry Wang’s indictment could bring unfair scrutiny on the broader Chinese and Asian American community. Acting Mayor Paul Cheng called the news a “slap in the face.”Read More

Hegseth said a stronger, more self-reliant network of allies is essential to deter aggression and preserve the balance of power, noting “rightful alarm” about China’s military buildup.Read More

I attended Mistral’s first AI summit in Paris. Here’s what executives and attendees said about Europe’s AI moment.Read More

South Korea’s Hanwha Aerospace is increasing weapons manufacturing at home, and expanding operations in Europe and the US. The company’s Global Chief Strategy Officer, Alex Wong spoke with Bloomberg’s Haslinda Amin on the sidelines of the Shangri-La Dialogue, Asia’s premier defense summit.Read More

Earlier in 2026, O-I Glass reported a first-quarter earnings miss and cut its full-year guidance, citing higher global energy costs and persistent weakness in its European operations. The guidance reset highlights how sensitive O-I Glass’s margins are to energy inflation and regional demand softness, especially in slower-growing European end markets. We’ll now examine how this guidance cut, driven by rising energy costs, may reshape O-I Glass’s existing investment narrative. Uncover the next…Read More

Trump’s Iran war reshaped European energy markets as Hormuz disruptions drove EU buyers toward U.S. LNG deals signed under wartime pressure.Read More

100°F heat in the UK and France has topped all-time records. Unlike the US, most of Europe has no air conditioning. The heatwave has turned deadly.Read More

The technology, developed under the Aukus military pact, is aimed at protecting undersea cables and boosting naval defence.Read More