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Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank,Continue reading

Sunday, October 10, 2010 Residents of a Leeds, England neighbourhood have requested help from a council because their neighbourhood is plagued by crime, overcrowding, and community tensions. Leeds City Council received a request for help from residents of Hyde Park, who said they were worried about the increasing level of anti-social behavior and worsening community relations. A report will be unveiled on Wednesday by a council delegation, highlighting the problems in the area. “The peopleContinue reading

Wednesday, July 10, 2019 Leaders of African Union (AU) member states met in Niamey, Niger’s capital, for an AU summit where on Sunday Presidents Muhammadu Buhari of Nigeria and Patrice Talon of Benin signed the African Continental Free Trade Area (AfCFTA) agreement. Nigeria previously announced it planned to join the AfCFTA in the week leading up to the summit. AU trade and industry commissioner Albert Muchanga announced Benin was to join. The commissioner said, “WeContinue reading

Monday, May 14, 2018 On Friday, German beer company Eichbaum issued a public apology and said they have halted their marketing campaign of printing caps of beer bottles with flags of 32 countries participating in next month’s FIFA World Cup in Russia. Saudi Arabia’s flag printed on a beer bottle was condemned by many on social networking platforms. Alcohol is banned in Saudi Arabia. It is considered haraam in Islam, meaning Muslims are prohibited fromContinue reading

Sunday, March 7, 2021 On Friday, after three earthquakes hit near both the Kermadec Islands and about 105 km off New Zealand’s east coast, people across New Zealand were instructed by the government to stay away from beach and shore areas. The first earthquake hit at 2:27 AM local time at a depth of 10km, and registered 7.1 according to Radio New Zealand. It was felt across the North Island and parts of the SouthContinue reading

Friday, September 29, 2006 Diamond Brownridge, a 5-year old girl from Chicago, Illinois, has died after a visit to the dentist. Children’s Memorial Hospital officials say that the girl was rushed to the hospital when she never woke up after being sedated for a dental procedure. She had been in a coma, on life support, since being admitted to the hospital early in the weekend. “She passed very peacefully and beautifully,” said the hospital inContinue reading

Thursday, October 7, 2010 After 27 years, the Australian Dollar has achieved a record high by equating to 98.73 U.S. cents. The previous record was set in 1983, when the currency was floated by foreign exchange markets — since then the last peak that it experienced was in July 2008, when it was worth 98.49 U.S. cents. Local economists believe this is a clear indication that interest rates will rise in the near future. TheContinue reading