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News Update

Year: 2023

VinFast: Vietnam’s EV manufacturer is worth more than Ford or GM.

On its first day of trade, the stock market valuation of VinFast, a Vietnamese electric vehicle (EV) manufacturer, surpassed that of Ford and General Motors (GM). The company’s shares, which have yet to turn a profit, increased by 255% in…

Firm expresses sorrow about accepting Facebook moderation work

In retrospect, a company hired to filter Facebook posts in East Africa says it should not have taken the job. Former Sama (an outsourcing company) employees in Kenya claim they were traumatized by exposure to explicit posts. Some people are…

Ben Stokes, England’s all-rounder, will return from ODI retirement for the Cricket World Cup.

Stokes, 32, will be called out from retirement to play in a four-match series against New Zealand in September. The majority of that group will compete at the World Cup in India in October and November. When England won the…

Owen Farrell has been permitted to compete in the Rugby World Cup 2023 after Wales’ red card was reversed.

After a heavy tackle on Taine Basham, Farrell’s yellow card was elevated to red by the new ‘Bunker’ review system. A disciplinary tribunal evaluating the event, however, acknowledged a change in dynamic in the contact area as a mitigating factor….

David Raya: Arsenal signs Brentford goalkeeper David Raya on a season-long loan.

Arsenal has recruited Brentford goalkeeper David Raya on a season-long loan with the possibility of making the move permanent. Raya, 27, will compete with England goalkeeper Aaron Ramsdale for the number 22 jersey. Last season, he kept 11 Premier League…

Russia raises interest rates to 12% as the rouble falls in value.

On Monday, the ruble plummeted below $100 per dollar, leading Russia’s central bank to convene an emergency meeting. The Bank of Russia announced a decision to hike interest rates from 8.5% to 4.4% in order to combat inflation, which reached…

This Morning has been nominated for best daytime television show at the National Television Awards.

Schofield stepped down as a presenter in May after admitting to an affair with a considerably younger male colleague and lying to cover it up. Holly Willoughby, his long-time co-presenter, has continued to host the show with a slew of…

Grooming cases are at an all-time high as online safety laws are delayed.

During the wait for revised internet safety rules, tens of thousands of online grooming crimes have been registered. Campaigners are encouraging IT corporations and MPs to support the Online Safety Bill and to end the delays. The bill, which tries…

Gary O’Neil claims Jon Moss conceded penalty error in Manchester United’s 1-0 win over Wolves.

Raphael Varane’s header gave the hosts a 1-0 victory at Old Trafford. O’Neil was enraged when his squad was denied a late penalty after United goalkeeper Andre Onana collided with Sasa Kalajdzic and failed to make contact with the ball….

The Japanese economy is growing far faster than projected.

During the era, the world’s third largest economy saw its Gross Domestic Product (GDP) expand by 6% on an annualized basis. It is over twice the rate of growth predicted by experts and represents the largest increase in nearly three…