Business

A $6.2 Million Snack: Crypto Entrepreneur Eats Famous Banana Artwork

buzzafricana2024-12-04T14:18:38+00:00

In a bold and surreal twist, Chinese-born cryptocurrency entrepreneur Justin Sun has made headlines by eating the banana from Maurizio Cattelan's infamous artwork Comedian—a banana duct-taped to a wall. Sun purchased the piece for a staggering $6.2 million (£4.9 million) at a Sotheby’s auction in New York last week.

Art Meets Edibility

The original Comedian gained...

Volkswagen Faces Escalating Strikes as Workers Demand Job Security

buzzafricana2024-12-04T14:05:14+00:00

Volkswagen, one of Germany's most iconic automakers, finds itself in the midst of a tense labor dispute as thousands of workers across nine factories walked off the job for several hours on Monday. The strikes, organized by the powerful IG Metall union, signal escalating tensions as the two sides grapple over wages, job security, and...

Elon Musk’s $50 Billion Tesla Pay Package Permanently Blocked by Delaware Judge

buzzafricana2024-12-04T14:01:08+00:00

In a high-stakes legal battle, a Delaware judge has reaffirmed her decision to void Tesla's $50 billion pay package for Elon Musk, despite a second shareholder vote approving the compensation plan. The ruling, issued by Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery, is a major setback for the Tesla CEO and...

📢 Volkswagen Exits Xinjiang: A Turning Point in Global Business Ethics 🌍

buzzafricana2024-11-27T13:50:36+00:00

Volkswagen has announced its withdrawal from Xinjiang, China, citing political and market pressures. The automaker faced criticism over its presence in a region linked to human rights abuses and forced labor. 💡 Key Points: The Urumqi plant has been inactive since 2019. Rising EV adoption and outdated production models made the plant economically unviable. VW’s decision reflects the growing...

Tragedy in Lithuania: DHL Cargo Plane Crashes Near Vilnius Airport

buzzafricana2024-11-26T11:03:20+00:00

A DHL cargo plane crashed early this morning in a residential area near Vilnius Airport, Lithuania, claiming one life, injuring three others, and igniting a house fire. The crash has left the local community shaken and prompted an urgent investigation into the cause.

The Incident

The accident occurred at approximately 5:30 a.m. local time, shortly after...

The Air Revolution: 12-Year-Old Nigerian Pupil Secures $11.5 Million Grant for Virus-Filtering Innovation

buzzafricana2024-11-26T09:22:40+00:00

In a groundbreaking achievement, 12-year-old Eniola Shokunbi, a Nigerian-American pupil at Commodore McDonough STEM Academy in Middletown, Connecticut, has secured a monumental $11.5 million grant to scale her innovative air filtration system. This inspiring story highlights the power of youth innovation and the critical role science plays in safeguarding public health.

From Classroom Assignment to...

Kemi Badenoch’s Victory Marks a New Chapter for the Conservative Party and Rightward Shift in UK Politics

buzzafricana2024-11-05T13:52:38+00:00

The Conservative Party has chosen Kemi Badenoch as its new leader, a historic win that brings significant ideological shifts. Badenoch, a compelling figure known for her unapologetic stance on issues like identity politics and immigration, promises a renewed direction for a party reeling from a historic election loss. Her victory over fellow contender Robert Jenrick...

A New Chapter for Loch Ness: Scotland’s Richest Man Buys Historic Dores Inn Pub

buzzafricana2024-11-05T13:48:00+00:00

The enchanting shores of Loch Ness have a new story to tell, one of preservation, restoration, and local engagement. Denmark's billionaire Anders Holch Povlsen, known for his vast landholdings and conservation efforts in Scotland, has acquired the historic Dores Inn through his company, WildLand. This acquisition marks yet another step in Povlsen’s commitment to sustainable...