How Prepaid Visa Cards Could Help Distribute Aid in Somalia:
Salaam Somali Bank has partnered with Visa to introduce Visa Debit and Visa Prepaid cards in a bid ...
bloomberg.com/news/articles/2024-07-14/how-prepaid-visa-cards-could-help-distribute-aid-in-somalia
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| Last Updated | Jul 14 |
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Alibaba Shares Rise After Addition to China Stock Trading Links: Alibaba Group Holding Ltd.’s stock rose in Hong Kong after it was made directly accessible to ...
bloomberg.com/news/articles/2024-09-10/alibaba-shares-rise-on-awaited-addition-to-china-exchange-link
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Ethiopia destabilising the Horn of Africa - World - Al-Ahram Weekly: Ethiopia’s military presence in Somalia and its agreement with the breakaway region of ...
english.ahram.org.eg/NewsContent/50/1203/531238/AlAhram-Weekly/World/Ethiopia-destabilising-the-Horn-of-Africa.aspx
t3n.de Sep 09
Why we must finally set limits for Temu, Shein and Co.: Retailers in Europe feel let down by politicians. In the competition against Temu, She
t3n.de/news/warum-wir-temu-shein-und-co-endlich-grenzen-setzen-muessen-1645205/
Midea Starts Taking Orders for Hong Kong IPO of Up to $3.5 Billion: Midea Group Co. has started taking investor orders for an up to $3.5 billion share sale in ...
bloomberg.com/news/articles/2024-09-09/midea-starts-taking-orders-for-hong-kong-ipo-of-up-to-3-5-billion
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Alibaba's China e-commerce platforms to accept Tencent's Wechat Pay: Chinese e-commerce giant Alibaba's domestic platforms Taobao and Tmall will begin accepting ...
reuters.com/technology/alibabas-domestic-e-commerce-platforms-will-begin-accepting-tencents-wechat-pay-2024-09-04/
Latin America's e-commerce king says MercadoLibre has huge room for growth: Marcos Galperin, chief executive of Latin American e-commerce giant MercadoLibre Inc ...
reuters.com/technology/latin-americas-e-commerce-king-says-mercadolibre-has-huge-room-growth-2024-09-09/
Shein's pop-up store ruffles South African retail sector: Chinese-founded e-commerce retailer Shein has divided opinion with its first physical pop-up store in ...
reuters.com/business/retail-consumer/sheins-pop-up-store-ruffles-south-african-retail-sector-2024-09-05/
How Temu's China owner PDD stacks up against Alibaba and JD.com: Shares of China's biggest e-commerce companies - Alibaba , JD.com and PDD Holdings - were dumped ...
reuters.com/business/retail-consumer/how-does-pdd-stack-up-against-other-big-china-e-ecommerce-firms-2024-08-30/
US safety commissioners call for investigation into Shein, Temu: Two leaders of the U.S. Consumer Products Safety Commission are calling for the agency to ...
reuters.com/technology/us-safety-commissioners-call-investigation-into-shein-temu-2024-09-03/
Unfair advantages? Massive criticism of Shein and Temu - tougher measures planned
heise.de/news/Bundeswirtschaftsminister-Habeck-will-Temu-und-Shein-schaerfer-kontrollieren-9860771.html
bbcafrica.com Sep 09
Gerd: Ethiopia hits out at Egypt as Nile dam row escalates: The countries exchange angry words over the project amid concerns about worsening relations.
bbc.com/news/articles/cp3dgx36gn5o
Brazil's Pix to overtake credit cards in e-commerce as soon as 2025, study shows: Brazil's instant payment system Pix is seen surpassing credit cards as the ...
reuters.com/business/finance/brazils-pix-overtake-credit-cards-e-commerce-soon-2025-study-shows-2024-09-09/
Online shopping: Deliveries under 39 euros to Amazon Locker no longer free - Golem.de
golem.de/news/onlineshopping-lieferungen-unter-39-euro-an-amazon-locker-nicht-mehr-gratis-2408-188452.html
Quick Glance: Redesigned Amazon Fulfillment Center in San Francisco
- Amazon's redesigned fulfillment center in San Francisco aims to blend into the Showplace Square area.
- The facility will feature a 650,000-square-foot distribution warehouse with modern design elements and a 13,700-square-foot public space.
- The first two floors will serve as sorting areas and support for independent delivery partners using electric vehicles.
- The project is still subject to an 18-month moratorium requiring additional reviews by the Planning Commission.
DiscussingFilm Sep 02
Dafne Keen wants to play X-23 in the MCU.
“I would 100% do this for the rest of my life”
(Source: )
Empire October 2024: Don't miss out on the October 2024 issue of Empire. Order your copy today!
greatmagazines.co.uk/empire-october-2024-version-1
Turkey Wants to Build a Spacecraft Launchpad in Somalia: Turkey has held talks with Somalia about setting up a site to test-fire missiles and space rockets from ...
bloomberg.com/news/articles/2024-09-10/turkey-wants-to-build-a-spacecraft-launchpad-in-somalia
Ethiopia warns rivals against invasion as regional tensions rise: PM Abiy Ahmed says anyone planning an attack should "think 10 times", touting Ethiopia's ...
bbc.com/news/articles/c3vxqk9g43no
Cisco merch shoppers stung in Magecart attack: The 'security issue' was caused by a 9.8-rated Magento flaw Adobe patched back in June
theregister.com/2024/09/06/cisco_merch_adobe_magento_attack/
(OFFICIAL) Story on Amazon workers joining Teamsters' unfair labor practices strikes in US withdrawn
reuters.com/markets/us/amazon-workers-join-teamsters-unfair-labor-practices-strikes-us-2024-08-29/
Quick Glance: Amazon Workers Join Teamsters' Expanding Strike Actions
- The Teamsters are expanding their strikes against unfair labor practices as Amazon workers across multiple U.S. states join the actions.
- Strikes in Georgia, California, Kentucky, and New York follow a June strike by 100 Amazon drivers in Skokie, Illinois.
- The Teamsters aim to organize Amazon's large workforce and enhance their bargaining power to reshape labor relations in the e-commerce sector.
- Amazon did not respond to Reuters' inquiries, and the Teamsters did not disclose the number of workers involved.
Hedge funds may lose billions from Temu owner PDD's stock crash: Concentrated bets on popular Chinese e-commerce giant PDD Holdings may have led to losses in ...
reuters.com/markets/wealth/hedge-funds-may-lose-billions-temu-owner-pdds-stock-crash-2024-08-30/
Dynamic growth in the Luxembourg parcel delivery market: The Luxembourg parcel service sector recorded strong growth of 10.9 percent in 2023 ...
tageblatt.lu/headlines/dynamisches-wachstum-im-luxemburger-paketdienstmarkt/
Blackstone buys stake in $1.2 billion European logistics fund: Private equity giant Blackstone has agreed to buy an 80% stake in a European warehouse portfolio ...
reuters.com/markets/deals/blackstone-buys-stake-12-billion-european-logistics-fund-2024-09-02/
Why Ethiopia is so alarmed by an Egypt-Somalia alliance: Tensions flair with the arrival of Egyptian planes in Mogadishu and the planned deployment of troops.
bbc.com/news/articles/cvg415vex37o
Quick Glance: Egypt-Somalia Alliance Raises Alarm in Ethiopia
- The military alliance between Somalia and Egypt is causing concern in Ethiopia, threatening stability in the Horn of Africa.
- The arrival of Egyptian military planes in Mogadishu marks the beginning of an agreement that could see up to 10,000 Egyptian soldiers deployed in the region.
- Ethiopia, which has been allied with Somalia against militant groups, views these developments as a threat and demands Somalia recognize Somaliland.
- Geopolitical tensions in the region could lead to conflict, potentially involving other players in the Red Sea.
Ethiopian Carrier Halts Eritrea Flights Amid Strained Ties: Ethiopia’s state-owned airline suspended flights to Eritrea, the latest sign of a deterioration in ...
bloomberg.com/news/articles/2024-09-03/ethiopia-airline-halts-eritrea-flights-in-sign-of-faltering-ties
Naspers (NPN) Sees $5.2 Billion E-Commerce Boost for South Africa: Naspers Ltd., Africa’s largest company by market value, expects e-commerce and other digital ...
bloomberg.com/news/articles/2024-08-27/naspers-sees-5-2-billion-e-commerce-boost-for-south-africa
Paid articlePaywallEgypt Delivers Weaponry to Somalia Amid Rising Regional Tensions: Egypt delivered arms to Somalia and will help train the country’s troops, a Somali official ...
bloomberg.com/news/articles/2024-08-28/egypt-delivers-weaponry-to-somalia-amid-rising-regional-tensions
Paid articlePaywallAlibaba’s Tsai Joins Billionaires Investing in French Vineyards: Joe Tsai, chairman and co-founder of China e-commerce pioneer Alibaba Group Holding Ltd. ...
trib.al/ZAPD83f
China's PDD suffers $55 bln market cap wipeout after flagging an uncertain market
reuters.com/world/china/temu-owner-pdd-holdings-misses-quarterly-revenue-estimates-2024-08-26/
Amazon is adding more 'Just Walk Out' stores to NFL stadiums and college campuses
qz.com/amazon-just-walk-out-tech-nfl-stadiums-college-campuses-1851638943
China's market regulator says e-commerce giant Alibaba has completed three-year 'rectification' period
reuters.com/business/retail-consumer/chinas-market-regulator-says-e-commerce-giant-alibaba-has-completed-three-year-2024-08-30/
Pinduoduo, China’s e-commerce star, suffers a blow : It faces a slowing economy, stiffening competition and angry merchants
economist.com/business/2024/08/29/pinduoduo-chinas-e-commerce-star-suffers-a-blow
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How E-Commerce has driven the surge in India’s festive gifting market: A study by Redseer Strategy Consultants suggests that India is expected to witness an ...
financialexpress.com/business/brandwagon-how-e-commerce-has-driven-the-surge-in-indias-festive-gifting-market-3598006/
Thuringia: Police overpower convicted Somali man with a knife - | "I will kill you and your families"
welt.de/politik/deutschland/article253248958/Thueringen-Polizei-ueberwaeltigt-vorbestraften-Somalier-mit-Messer-Ich-toete-euch-und-eure-Familien.html
US regulators want to investigate Shein and Temu over ‘deadly’ baby products: Shein and Temu, two Chinese low-cost e-commerce websites, are the target of a ...
cnn.com/2024/09/04/business/cpsc-shein-temu-investigation/
Zepto, snagging $1 billion in 90 days, projects 150% annual growth: Zepto co-founder Aadit Palicha told a group of analysts and investors on Tuesday that the ...
techcrunch.com/2024/08/27/zepto-snagging-1-billion-in-90-days-projects-150-annual-growth/
Keep Your Small Business Safe From Digital Threats: Bitdefender takes point on digital security so you can focus on growing your company.
pcmag.com/articles/keep-your-small-business-safe-from-digital-threats
Al-Shabaab is 18 years old: Six factors behind the Somali militant group’s resilience
nation.africa/kenya/news/africa/al-shabaab-is-18-years-old-six-factors-behind-the-somali-militant-group-s-resilience-4740306
Crises in the Horn of Africa: Can Ethiopia survive?: War in Sudan, conflicts in Somalia, dispute over the Nile: the regional environment is becoming increasingly ...
taz.de/!6032278/
SPIEGEL Shortcut: How Temu wants to revolutionize online shopping: The Chinese online retailer Temu offers millions of products at low prices and wants to ...
spiegel.de/wirtschaft/temu-ramsch-oder-revolution-des-online-shoppings-podcast-a-f4d4ef30-8c9f-4ec9-95f3-d99bc5348b13
Allied rivals and mishmash of Gulf interests on the Horn: Gulf states have deliberately competed or collaborated in various countries in the volatile African ...
nation.africa/kenya/news/africa/allied-rivals-mishmash-gulf-interests-horn-4752868
Temu and Shein are causing problems for the German shoe trade: The shoe trade is still struggling and the portals Temu and Shein are also causing concern in the ...
heise.de/news/Temu-und-Shein-machen-dem-deutschen-Schuhhandel-zu-schaffen-9854400.html
African B2B e-commerce startups Wasoko and MaxAB complete merger: Interview with co-CEO Daniel Yu
techcrunch.com/2024/08/27/wasoko-maxab-complete-merger/
PDD: Temu parent company records profit increase of 144 percent: Although the Chinese e-commerce specialist PDD increased its profit by 144 percent ...
handelsblatt.com/unternehmen/handel-konsumgueter/pdd-temu-mutterkonzern-verzeichnet-gewinnsteigerung-von-144-prozent/100063493.html
Business Insider Aug 29
Personal shopper: 4 tips for dressing like the rich and celebrities: Gab Walls has been dressing stars like Khloé Kardashian as a personal shopper since 2018 ...
businessinsider.de/leben/international-panorama/stilberaterin-mit-diesen-vier-tipps-kleidet-ihr-euch-wie-promis/
China: The dark side of the e-commerce superpower China: The dark side of Chinese e-commerce: Criticism of the delivery industry - | the film Upstream addresses ...
handelsblatt.com/unternehmen/handel-konsumgueter/china-die-schattenseiten-der-e-commerce-supermacht-china/100063130.html
Tensions surge in Horn of Africa as Ethiopia’s ambitions clash with Somalia, Egypt
al-monitor.com/originals/2024/08/tensions-surge-horn-africa-ethiopias-ambitions-clash-somalia-egypt
New AU mission for Somalia to tackle al-Shabaab — old problems, fresh solutions?: To succeed in tackling al-Shabaab, the new peace support operation needs ...
dailymaverick.co.za/article/2024-08-29-new-au-mission-for-somalia-old-problems-fresh-solutions/
Ikea wants to open an online marketplace for used furniture: Ikea plans to launch an online platform for trading in used furniture by the end of the year ...
heise.de/news/Ikea-will-Online-Marktplatz-fuer-Gebrauchtmoebel-eroeffnen-9847979.html
Quick Glance: Ikea Trials New Second-Hand Marketplace
- Ikea is testing an online platform called 'Ikea Preowned' in Madrid and Oslo to facilitate the buying and selling of used furniture.
- The test phase will last until the end of the year, aiming to extend product lifespans and reduce waste.
- Customers can list used items with photos and prices, while Ikea adds additional product information.
- If successful, the platform aims to compete with established marketplaces and could be launched globally.
Daily Sabah 9h
Türkiye looks to cement strategic influence in Africa: Ankara is heaping investments and mediating regional conflicts as it seeks to diversify its foreign ...
dailysabah.com/politics/news-analysis/turkiye-looks-to-cement-strategic-influence-in-africa
Yeni Şafak 14h
Somalia trains 200 disaster management staff with help of Türkiye: Türkiye has invested in Somalia's education, infrastructure and health and provided it with ...
yenisafak.com/en/news/somalia-trains-200-disaster-management-staff-with-help-of-turkiye-3690646
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Somalia’s Crackdown on Somaliland Recognition: In a bold move, Somalia has issued an ultimatum to companies operating within its borders.
riotimesonline.com/somalias-crackdown-on-somaliland-recognition/
IndieWire Sep 08
'Mother, Mother' Review: Slow Burn Somali Drama Defies Expectations: From Somali-Canadian hip hop artist K’naan Warsame, the film is observational in its visual ...
indiewire.com/criticism/movies/mother-mother-review-1235045231/
Sabre-rattling by Egypt and Ethiopia sparks fears of new war in Horn of Africa: Egypt sent a shipment of guns and ammunition to Somalia last week ...
theglobeandmail.com/world/article-sabre-rattling-by-egypt-and-ethiopia-sparks-fears-of-new-war-in-horn/
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Somalia: Airstrikes By Somali Forces Eliminate Over 19 Al-Shabaab Militants: In a series of targeted airstrikes, the Somali National Armed Forces have killed ...
allafrica.com/stories/202409050453.html
EgyptToday Sep 01
Egypt affirms full support for Somalia: PM: “We are ready to export goods or any product that Somalia needs. We will do our best to facilitate providing these ...
egypttoday.com/Article/1/134458/Egypt-affirms-full-support-for-Somalia-PM
Djibouti: Rising Tensions As Djibouti Faces Economic Strain, Somaliland Stands Firm
allafrica.com/stories/202409030011.html
Woodthorpe murder: Man wanted over stabbing still on the run after fleeing to Somalia four years ago
thestar.co.uk/news/crime/woodthorpe-murder-man-wanted-over-stabbing-still-on-the-run-after-fleeing-to-somalia-four-years-ago-4765674
Djibouti Planning to Offer Ethiopia Port Access to Ease Tensions: Djibouti’s government plans to offer Ethiopia exclusive access to a new port to defuse tensions ...
bloomberg.com/news/articles/2024-08-31/djibouti-planning-to-offer-ethiopia-port-access-to-ease-tensions
Paid articlePaywallWhy Ethiopia’s Bid for Red Sea Access Angers Somalia: Ethiopia has been landlocked since 1993. That’s when Eritrea gained independence after a three-decade war ...
bloomberg.com/news/articles/2024-08-29/why-ethiopia-s-bid-for-red-sea-access-angers-somalia
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ekathimerini.com Aug 29
Erdogan’s strategy for influence in Africa: Turkey is among the five most powerful countries operating on the African continent. It is present in regional crises ...
ekathimerini.com/opinion/1247229/erdogans-strategy-for-influence-in-africa/
Africa: New AU Mission for Somalia - Old Problems, Fresh Solutions?: Analysis - To succeed in tackling al-Shabaab, the new peace support operation needs ...
allafrica.com/stories/202408290392.html
East Africa: Somalia Gives Kenya a Wide Berth As EAC Heads Launch Raila's AU Bid: The East African Community officially launched Kenya's opposition leader ...
allafrica.com/stories/202408280248.html
Somalia: Somaliland President Rejects Somali Directive to Remove 'Somaliland' References
allafrica.com/stories/202408270280.html
Alibaba to upgrade Hong Kong listing in a bid to attract Chinese investment: Shareholders of Chinese e-commerce giant Alibaba have approved a plan to upgrade its ...
reuters.com/business/retail-consumer/alibaba-gets-shareholder-nod-upgrade-hong-kong-listing-primary-status-2024-08-23/
Huge shipping company files Chapter 11 bankruptcy to liquidate: Global e-commerce shipping company will wind down and liquidate its business in Chapter 11 ...
charlotteobserver.com/news/business/article291073555.html
Quick Glance: Logistics Industry Faces Bankruptcy Surge
- The logistics sector has been struggling with financial difficulties since the Covid pandemic in 2020, leading to approximately 3,000 trucking company closures and thousands of layoffs. Although there was an increase in demand for drivers due to a shortage, shipping rates declined in 2022 while fuel prices surged.
- In the past two years, companies have faced additional challenges including inflation, high interest rates, and rising costs of insurance and wages. Major trucking firms like J.B. Hunt Transport Services and Knight-Swift Transport Services recently reported disappointing earnings as inflation reduced demand for their services.
- This year, several trucking and shipping companies have been compelled to file for Chapter 11 bankruptcy to liquidate their businesses. Notably, DRF Logistics filed for Chapter 11 on August 8, seeking to wind down its operations and sell its assets.
- DRF Logistics, previously an indirect subsidiary of Pitney Bowes, acted due to significant annual losses and overcapacity issues. Pitney Bowes had been funding these losses but began a strategic review in 2023 that ultimately led to the bankruptcy filing and a planned orderly wind-down of the company.
Somalia takes historic step towards universal suffrage after 55 years: Somalia's cabinet approved a bill that, if confirmed by parliament, will revert the ...
rfi.my/Asu8.X
Walmart's exit raises questions about JD.com's future: E-commerce retailer JD.com needs to convince investors of its relevance amid a stagnant Chinese e-commerce ...
reuters.com/markets/deals/walmarts-exit-raises-questions-about-jdcoms-future-2024-08-23/
Somalia's bomb disposal experts face down fear to save lives: Hussain Ahmed, the unit's dog trainer, faces cultural stigma for using dogs ...
nation.africa/kenya/news/africa/somalia-s-bomb-disposal-experts-face-down-fear-to-save-lives--4735994
Community-oriented policing is the missing link in AU counter-terrorism operations
dailymaverick.co.za/article/2024-08-20-community-oriented-policing-missing-link-in-au-counterterrorism/
Quick Glance: Elderly Dog Walker Murdered in Violent Carjacking
- A 48-year-old man has been arrested for allegedly fatally injuring an 80-year-old dog walker during a carjacking and subsequently killing her dog.
- James K. Hayes, with a history of eight felony convictions, is expected to face charges including first-degree murder and animal cruelty.
- Police identified the suspect through fingerprints and witness accounts after the incident was reported on Wednesday.
- Investigators believe the attack was random, with no prior relationship between the suspect and the victim.
India’s trade minister decries e-commerce growth, Amazon’s ‘predatory’ pricing: India's commerce minister Piyush Goyal on Wednesday expressed concern over ...
techcrunch.com/2024/08/21/indias-trade-minister-decries-e-commerce-growth-amazons-predatory-pricing/
Current study: Online shopping is as popular as it was at the start of the coronavirus pandemic
kleinezeitung.at/wirtschaft/18773558/onlineshopping-ist-so-beliebt-wie-zu-beginn-der-coronapandemie
MercadoLibre's fintech launches its own dollar-backed 'stablecoin' in Brazil: Latin American e-commerce giant MercadoLibre's financial technology arm Mercado ...
reuters.com/technology/mercadolibres-fintech-launches-its-own-dollar-backed-stablecoin-brazil-2024-08-21/
E-commerce: Walmart apparently wants to sell shares in JD.com - | Share price falls
handelsblatt.com/unternehmen/handel-konsumgueter/e-commerce-walmart-will-wohl-anteile-an-jdcom-verkaufen-aktie-gibt-nach/100061722.html
Think you’ve snagged a bargain online? It’s you who’s been snagged: While new and competitive businesses are a good thing for consumers, we should keep a careful ...
smh.com.au/business/the-economy/think-you-ve-snagged-a-bargain-online-it-s-you-who-s-been-snagged-20240820-p5k3pi.html
Amazon considers moving Amazon Pay into a standalone app in India: Amazon is considering moving its payments offerings in India into a standalone app ...
techcrunch.com/2024/08/19/amazon-considers-moving-amazon-pay-into-a-standalone-app-in-india/
U.N. Security Council prolongs mandate of AU peacekeeping in Somalia | Africanews
africanews.com/2024/08/16/un-security-council-prolongs-mandate-of-au-peacekeeping-in-somalia/
Ziff Davis Aug 19
FTC Bans AI-Generated Product Reviews, Social Media Follower Bots: Fake reviews and social media followers undermine consumers' trust in e-commerce ...
extremetech.com/internet/ftc-bans-ai-generated-product-reviews-social-media-follower-bots
Turkey to Start Oil Drilling in Somalia as It Seeks Bigger Influence in Africa: Turkey, seeking to extend its influence in Africa and strengthen energy security ...
bloomberg.com/news/articles/2024-08-18/turkey-to-start-oil-drilling-in-somalia-as-it-seeks-bigger-influence-in-africa
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Somalia executes 10 Al Shabaab insurgents, police say: The executions followed a trial in a military court where they were sentenced to death for involvement in ...
monitor.co.ug/uganda/news/somalia-executes-10-al-shabaab-insurgents-police-say-4729672
E-commerce sales are soaring. So is corrugated box usage: Consumers bought nearly $300 billion worth of goods in three months, and much of it was in a box at ...
fastcompany.com/91176829/e-commerce-sales-are-soaring-that-means-more-corrugated-boxes
Next Africa: Turkey Make a Play for Africa’s Mineral Riches: Welcome to Next Africa, a twice-weekly newsletter on where the continent stands now — and where it’s ...
bloomberg.com/news/newsletters/2024-08-20/next-africa-turkey-make-a-play-for-africa-s-mineral-riches
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