Author: News Room
Workers in one of China’s busiest export hubs are struggling to get jobs as the global economic outlook weakens and tensions with the US push manufacturers to relocate factories outside China.The county of Kunshan, 50km from Shanghai in China’s Jiangsu province, used to boast wages up to 30 per cent higher than in less-developed interior provinces, thanks to the thousands of contract manufacturers that assembled critical components there. With almost 1mn people, Kunshan has 1,529… Read the full article here
United States authorities are reportedly deliberating on extending an emergency credit line for banks, “in ways” which may provide First Republic Bank with a time buffer to address balance sheet concerns, according to people with knowledge of the situation.In a March 26 Bloomberg report citing unnamed sources, it was reported that U.S. officials have not decided on what support, “if any,” they can provide to First Republic, however an “expansion of the Federal Reserve’s… Read the full article here
Nick Lloyd Webber died on Saturday, March 25 at age 43. Andrew Lloyd Webber, his father, shared the news in a statement hours after his death. “I am shattered to have to announce that my beloved elder son Nick died a few hours ago in Basingstoke Hospital,” Andrew said in a statement via social media on Saturday. “His whole family is gathered together and we are all totally bereft. Thank you for all your thoughts during this difficult time.” Nick’s death followed an… Read the full article here
A major study finds that the drug Nexletol, often used as a supplement for low-density lipoprotein (LDL)-lowering statins, is effective—to a degree—in its own right.While the effect of bempedoic acid—the main ingredient in Nexletol— is less strong than statins, the study validates the drug as a therapeutic option for people who are intolerant of statins.Bempedoic acid is most likely to be prescribed in combination with ezetimibe, another supplemental LDL-lowering drug, that will… Read the full article here
The APC in Adamawa State has suspended indefinitely, the party executives of Gwadabawa wards, Yola-North LGA over alleged unconstitutional suspension of Boss Mustapha, secretary to the government of the federation (SGF). State Secretary of the party, Raymond Chidama, disclosed this at a news conference on Saturday in Yola, the state capital. He said that the State Working Committee (SWC), under the leadership of Samaila Tadawus, received the resolution of Yola-North Executive… Read the full article here
A Southeast leader, Chief Emmanuel Iwuanyanwu, has condemned the attacks and reported killings of Igbos during the Lagos election. The general elections on February 25 and March 18 in the state witnessed several incidents of harassment, and intimidation of Igbo people. Residents continue to lament how thugs scuttled the process in many polling units, particularly locations where Igbos and other voters support the Labour Party, LP. In his reaction on Saturday, Iwuanyawu declared that… Read the full article here
Mr Peter Obi of the Labour Party, LP, has maintained that politics should transcend partisanship and be free from tribal and religious affiliations. Obi, a former Governor of Anambra State, made the statement in a post via his verified Twitter handle on Saturday. His statement followed the celebration of Governor Chukwuma Charles Soludo’s one year in office, which he attended. Obi said he would continue to pray for Soludo. He wrote, “I was in Awka, Anambra State, today for the… Read the full article here
A wanted suspect, Eze Akachi, has been nabbed in Umuahia, Abia State for alleged acid attack on his neighbour, Chukwuemeka, a native of Ukwa East LGA of the state in 2021. The suspect who hails from Mbaise, Imo State, resided at Ubakala junction at Umuahia South LGA, when he committed the offence. His arrest, facilitated by the Nigerian head office of Liberty International in Umuahia, Abia State, was coordinated by James Anyim Agbai, a human rights activist and journalist. Speaking to DAILY… Read the full article here
Villarreal winger, Samuel Chukwueze has responded to speculation linking him with possible moves to Premier League clubs, Arsenal and Aston Villa in the summer. Reports had emerged that Chukwueze was being targeted by Arsenal head coach Mikel Arteta to provide competition for forward Bukayo Saka. Also, the Nigerian international is being linked with a move to reunite with his former manager Unai Emery at Aston Villa. Speaking on the development, Chukwueze insisted that the move could happen… Read the full article here
A reshuffle of the government was announced overnight from Thursday to Friday in the Democratic Republic of Congo (DRC), now in office Prime Minister Jean-Michel Sama Lukonde but redesigning the ministerial team nine months before the next presidential election. Among the new heavyweights of the government is, at Defense, the former vice-president (2003-2006) Jean-Pierre Bemba. Former warlord, Mr Bemba had been sentenced to 18 years in… Read the full article here
