Author: Press Room

South Africa’s freight and rail operator Transnet called on strikers to ‘consider the long-term consequences’.Workers of South Africa’s freight and rail operator Transnet commenced an industrial action on Thursday as a wage dispute between the company and two major unions seems set to paralyse services and disrupt exports. The state-owned Transnet has been operating below capacity due to a shortage of locomotives, poor maintenance and vandalism and theft of its infrastructure, costing miners billions of rand in potential revenue. Two worker unions – the United National Transport Union (UNTU) and the South African Transport and Allied Workers’ Union (SATAWU) – that…

Officials say Norway, Venezuela and Cuba would be “guarantor states” and civil society groups would be “essential”.Colombia’s government and the left-wing National Liberation Army (ELN) rebel group have announced that they will reestablish peace talks that were suspended in 2018. Delegations of Colombia’s government and the ELN will restart negotiations after the first week of November, the parties said in a statement on Tuesday signed by ELN commanders Antonio Garcia and Pablo Beltran as well as the country’s high commissioner for peace, Danilo Rueda. “For Colombia’s government and the ELN, society’s participation in this process is essential in the changes…

The original Terra chain’s Luna Classic (LUNC) token is getting attention again, helped by news that the crypto exchange Binance has implemented a new burn mechanism for it. The question now is how high can LUNC go after the next burn.When Binance first announced its token burn mechanism for Luna Classic on September 26, the token soared by close to 68% in a day. The news pushed the token up from lows of around $0.00018 that day, and to $0.00037 on October 2, more than a doubling of its price in just six days.Binance conducts the burn by sending trading…

The Department of Labor will cut back on federal apprenticeship programs as it nixes a Trump administration policy regarded as a “threat” by labor unions.The Biden administration will dissolve the Industry-Recognized Apprenticeship Program (IRAP) on November 25—a move that follows strong pressure from Democrats and labor unions who argue the program lacks necessary oversight from the DOL. The IRAP was established to expand apprenticeship programs beyond traditional labor professions like construction and into modern industries such as cybersecurity. The program allows authorized third-party employers to approve training programs instead of needing a direct approval from the DOL or a state…

Welcome to this week’s edition of the FT’s Cryptofinance newsletter. Today, we’re taking stock of Solana, a blockchain touted as the next Big Thing. What a difference a year makes. Last October the token that represented the Solana blockchain was well on its way to an all-time high of nearly $250. I was about to interview Anatoly Yakovenko, one of its co-founders, at a Solana conference in Lisbon intended to showcase all of its wonderful advances and potential. I bumped into an old friend attending the conference who said Solana had “made a pretty meaningful difference to [his] year, financially”.The…

Last mile delivery of products ordered online is a nagging problem for merchants and consumers, and it is even more challenging for food retailers. The innovative Phononic EV might be driving a new solution to deliver groceries efficiently and sustainably while rivaling Amazon’s planned aerial drone package delivery system. Phononic unveiled its electronic vehicle for sustainable last mile delivery at the Home Delivery World Show in Philadelphia on Aug. 31. At this point, the vehicle is a functional proof of concept. It is not available on the market. What happens next is in the hands of Sortimo. The two companies…

One of the issues that separated Major League Baseball and the MLBPA during the offseason lockout was how many postseason teams there would be moving forward. The two sides eventually agreed on 12 teams, causing a shakeup in the postseason bracket.The “wild card round” was made in 2020 thanks to the COVID-19 pandemic-shortened season and was thought to be a temporary solution, but it is now here to stay.Here’s everything you need to know about the wild card round that begins Friday afternoon… HOW IT WORKSOutside the 2020 season, this is the third time the MLB postseason has expanded since the…

Ronnie O’Sullivan made an unfortunate start at the 2022 Hong Kong Masters as he pocketed the cue ball with his opening shot. After receiving a rapturous reception ahead of his match with home favourite Ng On-yee, O’Sullivan proceeded to botch his break-off by bumping the white off the cluster of reds and into a pocket. “An inauspicious start from O’Sullivan, going in off the break,” said Philip Studd on Eurosport commentary. Hong Kong MastersRobertson downs Williams to reach semi-finals, could face O’Sullivan3 HOURS AGO“That’s pretty unusual. And he still gets a roar for it!”Alan McManus added: “He caught the wrong…

Darlene Hughes will turn 65 on Sunday, but it won’t be quite the birthday — or the Thanksgiving — she had hoped for. Hughes had planned a small party at her Charlottetown home with friends and family to celebrate her age milestone and the holiday — but that was before the powerful wind gusts from post-tropical storm Fiona tore down power lines across the province.Instead, she said in an interview Thursday, she’ll be spending the weekend coping without light or heat and cleaning friends’ homes for some extra cash. And for the first time, she and her husband will not…

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