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Asia tracks Wall St sell-off as US labour market softens
Asian stocks sank Thursday, extending a rollercoaster week across world markets as investors jockey for position ahead of key US jobs data, while oil struggled to bounce back after hitting a five-month low. Data on Thursday from payrolls firm ADP showing a smaller-than-forecast rise in private sector jobs reinforced views that the labour market and economy were slowing as inflation comes down.
Bitzlato founder pleads guilty to running 'criminal' US crypto exchange
The Russian founder of the Bitzlato cryptocurrency exchange pleaded guilty on Wednesday to operating a money transfer business that accepted illicit funds.
Lawsuit says Meta exposes children to exploitation
The US state of New Mexico filed a lawsuit Wednesday accusing Facebook and Instagram of being a "breeding ground" for predators who target children. "Facebook and Instagram are a breeding ground for predators who target children for human trafficking, the distribution of sexual images, grooming, and solicitation," the suit argued.
McDonald's eyes speedy ramp-up to 50,000 restaurants by 2027
McDonald's announced an aggressive expansion roadmap Wednesday to reach 50,000 restaurants worldwide by 2027, in the fastest growth plan in brand history. The company is planning about $2.5 billion in capital expenditures in 2024 and will add $300 million to $500 million each year thereafter through 2027.
Big US banks balk at new capital rules in Senate hearing
Large US banks railed against new proposed capital requirements at a congressional hearing on Wednesday, joining Senate Republicans in casting the measures as crimping loans to everyday Americans.
TikTok video of nanny grooving with baby strapped on her back trends
A TikTok video of a nanny grooving at a house party with the baby she cares for strapped to her back has gone viral and caused quite a debate online.
Nigerian woman shares horrifying skin-bleaching journey with TikTok video montage of 30 pics
A Nigerian woman issued a warning about the dangers of skin bleaching. She posted a TikTok video that made people gasp when they saw the damage to her skin.
Dr Malinga grateful to EFF leader Julius Malema for financial support after hitting rock bottom
Dr Malinga has taken to social media to thank EFF leader Julius Malema for his financial support during his hard times. He hinted that he has a new show coming up.
After 7 years, lady becomes neuropsychologist, wants to make the field multicultural
A 26-year-old originally from the Eastern Cape has opened up about the journey she undertook to become a neuropsychologist after seven years of dedication.
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