MAIDUGURI, Nigeria (Reuters) - At least nine students were kidnapped from their classrooms by gunmen at a university in Nigeria's northern state of Kogi, the state government said on Friday, as Africa's most populous nation grapples with widespread insecurity.
Armed gangs have been causing havoc in northern Nigeria, where they kidnap villagers, students and motorists for ransom, with security forces unable to end the practice.
Kingsley... (continue reading...)
(Reuters) - Tesla will spend more than $500 million to expand its fast-charging network, CEO Elon Musk said on Friday, days after abruptly laying off employees who were running the business.
"That's just on new sites and expansions, not counting operations costs, which are much higher," Musk said in a post on his social media platform X.
After the layoffs last week, Musk said that Tesla planned to expand the Supercharger network but at a... (continue reading...)
LONDON (Reuters) - Malagasy President Andry Rajoelina's former chief of staff was jailed for three and a half years by a London court on Friday for offering to help precious stone miner Gemfields win lucrative mining rights in exchange for substantial bribes.
Romy Andrianarisoa, 47, was accused of using her position and proximity to Rajoelina to seek substantial payments from Gemfields between 2021 and 2023.
"You abused your position of... (continue reading...)
By Julie Zhu, Greg Roumeliotis and Kane Wu
HONG KONG/NEW YORK (Reuters) - Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself in New York faced regulatory hurdles and pushback from U.S. lawmakers, two people with knowledge of the matter said.
The online fashion retailer plans to update China's securities regulator on the change of the initial public offering (IPO) venue and file with... (continue reading...)
By Howard Schneider and Ann Saphir
WASHINGTON (Reuters) - Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a key survey showed a jump in consumers' inflation expectations.
"There are ... important upside risks to inflation that are on my mind, and I think there's also uncertainties about how restrictive policy is and whether it's sufficiently... (continue reading...)
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