BIZNOB:
1. North Korea denies supplying arms to Russia
North Korea’s foreign ministry denied a media report it supplied munitions to Russia, calling it ‘groundless,’ and denounced the United States for providing lethal weapons to Ukraine, the country’s state media said.
#northkorea #ukrainerussiawar #unitedstates #munitions #russia
2. Facebook settles data privacy suit for $725 million
Facebook owner Meta agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users’ personal information.
#Facebook #Meta #Lawsuit
3. Zimbabwe’s night markets a cushion from inflation
Zimbabwe has the highest inflation in the world, measured at 255% in November. Many of Zimbabwe’s urban poor battle to survive the economic crisis by selling goods in outlawed pop-up street markets.
#Zimbabwe #Inflation #Market
4. Wall St. ends up as inflation continues to cool
The S&P 500 closed higher on Friday as investors assessed inflation data against rate-hike and recession fears while energy shares jumped on higher oil prices.
#wallstreet
5. Auditors ask if South Africa’s Eskom can keep going
South Africa’s Eskom said that auditors have questioned the utility’s ability to survive as a going concern citing past financial irregularities.
#SouthAfrica #Eskom #BusinessSubscribe
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