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Sudan conflict: US sanctions Sudanese firms for fuelling war – BBC News

The US government has issued sanctions against four Sudanese companies and several individuals for fuelling the ongoing war between rival military forces. These sanctions will also cut off key financial flows to the Sudanese army and the Rapid Support Forces. Around 25 million people are now in need of humanitarian aid and protection as a result of the country’s conflict, according to the UN. Please…

Silicon Valley Bank collapse stuns tech firms around the world, global operations dismantled

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube The collapse of Silicon Valley Bank (SVB), which has historically played a key role in giving Chinese tech start-ups access to US money, has turned a bromance into a nightmare for many of its clients and investors, according to industry sources. HSBC has swooped in to buy the collapsed bank’s UK subsidiary for a nominal £1,…

'Business Goes On': Construction Exec Weighs In on Russian Firms Finding Alternatives to EU Goods

As the XV Verona Eurasian Economic Forum came to a close on Friday in Azerbaijan’s Baku, the event’s main takeaway turned out to be that while Russians are quickly adapting to the tectonic shifts in Eurasian business relations, the EU may inevitably lose various partnerships after breaking ties with Moscow. The post 'Business Goes On': Construction Exec Weighs In on Russian Firms Finding Alternatives to…

Palm oil firms depriving tribes of millions of dollars – BBC News

Buy something in a supermarket and there’s a good chance it will contain palm oil. Follow it back through the supply chain and eventually you’ll find an oil palm tree, likely in Indonesia. But the companies that sell it to major firms like Johnson & Johnson, Kellogg’s and Mondelēz are depriving indigenous communities of potentially millions of dollars of income, a joint BBC investigation has…

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