By Alessandra Migliaccio and William Horobin and Christopher CondonBloomberg Global finance chiefs this week will make their most concerted effort yet to redefine the world economic order in the era after Donald Trump and the coronavirus pandemic. With trade tensions no longer bedevilling the Group of 20 economies in the way they did during the former US…
Higher Kenyan taxes on airtime and data give market leader Safaricom the chance to expand its dominance at the expense of second-placed Airtel Kenya, analysts say. Kenya increased its excise duty on airtime and telephone services from 15% to 20% on 1 July, leaving mobile data and SMS charges unchanged. The market’s three largest players, Safaricom,…
Agency Report The world passed the “tragic milestone” of four million recorded Covid-19 deaths on Wednesday, the World Health Organization said, adding that the true toll was likely higher. “The world is at a perilous point in this pandemic. We have just passed the tragic milestone of four million recorded Covid-19 deaths, which likely underestimates…
Residents of Australia’s largest city will spend at least one more week in lockdown, authorities announced on Wednesday, after detecting dozens of new coronavirus cases. Sydney, home to a fifth of Australia’s 25 million people, first on June 26 amid an outbreak of the highly transmissible Delta variant. While strict stay-at-home orders were due to…
A former police captain who promises to be tough on crime has been declared the winner of the race to pick a Democratic candidate to be New York City’s mayor. Eric Adams, currently borough president of Brooklyn, is now likely to become the city’s second black leader. The winner of the party primary is all…
Mancini was thrown about by his jubilant players after Jorginho’s ice-cool spot-kick in the penalty shoot-out settled a magnificent Euro 2020 semi-final in Italy’s favour at the cruel expense of Spain. This was pure theatre, with a 60,000 crowd at Wembley adding colour to the fight to face either England or Denmark in Sunday’s final,…
Australia punished late French errors to snatch a 23-21 victory at the death with Noah Lolesio kicking the match-winning penalty in Brisbane. Les Bleus led by 15 points in the first half after two Gabin Villiere tries but Wallabies captain Michael Hooper’s late try closed France’s lead to one. France then kicked a penalty to…
The advertising watchdog, the ASA, has banned an advert by controversial brewer Brewdog for misleading claims. An Instagram post for its Clean & Press Hard Seltzer said: “Due to advertising regulations we cannot claim this drink is healthy,” but continued with a reference to a low calorie claim. Brewdog said the ad was “tongue-in-cheek” but…
France has hit back at a new Russian law ordering French champagne makers to label their bottles as sparkling wine. France has strict rules protecting its bubbly, meaning to be called champagne it must be from the French region that shares the name. But under Russia’s new law, only local producers can call their drinks…
