DIRS.INFO The most relevant business & tech news

☆ Roberto ‘Pico’ Lopes: He ignored a Linkedin message once, but not the second time. When he responded his life changed forever
▼ + stars: | 2024-01-12 | by ( Alasdair Howorth | ) edition.cnn.com time to read: +9 min

I just thought it was a welcome message … so I ignored it.”Fortunately for Lopes, Cape Verde head coach time Rui Águas messaged the Shamrock Rovers defender again nine months later – this time in English – asking if he had considered his offer. Roberto Lopes, who plays for Cape Verde, was born and raised in Dublin. French forward Just Fontaine (L) scores in France's World Cup 5-2 semifinal defeat to Brazil in 1958. France’s captain at the first ever World Cup in 1930 was Algerian-born Alexandre Villaplane. But having recently reversed that policy, the Taifa Stars will have a number of players born outside the continent in its squad for the 2024 tournament.

Persons: CNN —, Roberto “ Pico ” Lopes, Lopes, “, ” Lopes, Rui Águas, Roberto Lopes, Ulrik Pedersen, Mohamed Salah, Lopes won’t, Alexandre Villaplane, Fontaine, Eusébio, Samuel Eto’o, Bryan Mbeumo, Yoane Wissa, ” Wissa, Darren Lewis, Benoît Assou, Ekotto, Ryan Byrne, ”, ‘, ’, Abdoulaye Doucouré, Wilfred Zaha, Les, Patrice Beaumelle, I’ve, I’m, ” Carlos ‘ Caluccha ’ Lopes, Roberto’s, Roberto, “ It’s, he’s, hasn’t Organizations: CNN, Shamrock Rovers, Cape, CNN Sport, Africa, of Nations, LinkedIn, AP, Google, Blue Sharks, Rovers, Professional, Association of Ireland’s, body’s, AFP, Getty, France, UEFA, Benfica, English Premier League, Cameroon soccer, Brentford, Ireland, Democratic, Former Cameroon, Tottenham Hotspur, Lions, League of Ireland Premier Division, Everton, Mali, Ivorian national team, Galatasaray, Cape Verde Locations: Dublin, Republic of Ireland, Cape Verde, Lopes , Cape Verde, Ireland, Egypt, Cape Verde’s, Ghana, Mozambique, Brazil, Africa, Algerian, French, Marrakech, Morocco, Mozambican, Angolan, Portuguese, Portugal, Algeria, Tanzania, Cameroon, Europe, Democratic Republic of Congo, DRC, France, Poland, you’re, Ivory Coast, Cape Verdean, Verdean

MAPUTO, Mozambique (AP) — Protests in Mozambique over disputed local election results resulted in the deaths of a police officer and a civilian Friday, a corruption watchdog group said. The unrest followed Thursday's official validation of the election results, which gave the ruling Frelimo party victory in 64 out of 65 municipalities. A consortium of election observers had reported widespread ballot stuffing, voter intimidation and falsification of results in favor of Frelimo in the Oct. 11 elections. Demonstrators barricaded streets during the protests, which were concentrated in Mozambique's capital, Maputo, and the northern cities of Nampula and Nacala. In Maputo, main opposition party Renamo led its supporters in a march.

Persons: Renamo, Orlando Mudomane, Mudomane Organizations: —, Police, Riot, Center for Public Integrity, ___ AP Locations: MAPUTO, Mozambique, Maputo, Nampula, Nacala, Mozambican, Quelimane, Matola, Portugal, ___, africa

[1/3] Tom Barrack, CEO of Colony Capital, speaks at the Republican National Convention in Cleveland, Ohio, U.S. July 21, 2016. Here are five criminal cases where the defendant testified:Theranos founder Elizabeth HolmesThe Theranos founder took the stand at her criminal trial in 2021, testifying over several days that she did not intend to defraud investors in the now defunct blood-testing startup. Middendorf, who was head of a department at KPMG, testified at the trial in Manhattan that when he learned another employee had obtained the information, he reported it to his boss. Ex-HSBC executive Mark JohnsonThe former HSBC executive was convicted in 2017 of defrauding a bank client in a $3.5 billion currency trade. Reporting by Jody Godoy in New York; Editing by Noeleen Walder and Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Tom Barrack, Jim Young, Sam Bankman, Fried, Elizabeth Holmes, Holmes, Donald Trump, David Middendorf, Middendorf, Mark Johnson, Johnson, Jean Boustani, Boustani, Jody Godoy, Noeleen Walder, Daniel Wallis Organizations: Colony Capital, Republican National Convention, REUTERS, United, United Arab Emirates, U.S, KPMG, Supreme, HSBC, Prosecutors, Credit Suisse, Thomson Locations: Cleveland , Ohio, U.S, San Jose , California, Brooklyn, United Arab, UAE, Manhattan, British, Lebanese, Mozambican, Mozambique, New York

☆ Mozambique's Nyusi to blame over 'tuna bond' scandal, shipbuilder's owner says
▼ + stars: | 2023-10-25 | by ( Sam Tobin | ) www.reuters.com time to read: +3 min

Mozambique President Filipe Jacinto Nyusi addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 19, 2023. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsLONDON, Oct 25 (Reuters) - Mozambican President Filipe Nyusi was ultimately responsible for the failure of the projects at the centre of the "tuna bond" scandal, the owner of Emirati-Lebanese shipbuilder Privinvest told London's High Court on Wednesday. "When President Nyusi replaced former President Guebuza a power struggle ensued between them," Safa said. "President Nyusi made deliberate decisions to undermine the projects and as a result the republic failed to take the necessary steps to monetize the projects as intended." The trial began in earnest last week after a delay caused by Mozambique's 11th-hour settlement with Credit Suisse's new owner, UBS (UBSG.S).

Persons: Filipe Jacinto Nyusi, Eduardo Munoz, Filipe Nyusi, Privinvest, Iskandar Safa, Safa, videolink, Armando Guebuza's, Nyusi, Guebuza, Mozambique's, Sam Tobin, Rod Nickel Organizations: General Assembly, REUTERS, London's, Credit Suisse, party's, UBS, International Monetary Fund, Thomson Locations: Mozambique, New York City, U.S, Mozambican, Privinvest, Nyusi, Paris

☆ Credit Suisse, Mozambique reach out-of-court 'tuna bond' settlement
▼ + stars: | 2023-10-01 | by ( ) www.reuters.com time to read: +1 min

The logo of Credit Suisse is seen outside its office building in Hong Kong, China, August 8, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsZURICH, Oct 1 (Reuters) - Credit Suisse has reached an 11th-hour out-of-court settlement with Mozambique over the $1.5 billion-plus "tuna bond" scandal, the Swiss bank's new owner UBS (UBSG.S) said on Sunday, drawing a line under a damaging dispute it inherited. "The parties have mutually released each other from any liabilities and claims relating to the transactions," UBS said. The tuna bond case dates back to three deals between state-owned Mozambican companies and shipbuilder Privinvest - funded in part by loans and bonds from Credit Suisse and backed by undisclosed Mozambican government guarantees. UBS, which rescued scandal-scarred Credit Suisse amid turmoil in the global banking sector earlier this year, has a financial buffer of as much as $10 billion for litigation, JPMorgan analysts estimated in a note to clients on Wednesday.

Persons: Tyrone Siu, corruptly, Noele Illien, Kirsten Donovan Organizations: Credit Suisse, REUTERS, Rights, UBS, Privinvest, JPMorgan, Thomson Locations: Hong Kong, China, Mozambique, Swiss, London, Mozambican

ABUJA, Nigeria (AP) — If you listen to the African leaders addressing the U.N. General Assembly this year, the message is emphatic and unanimous: The continent is done being a victim of a post-World War II order. It is a global power in itself and must be partnered with — not sidelined. There’s also a new boldness that comes with the African Union’s G20 seat. With the largest bloc of countries at the United Nations, it is understandable that African leaders increasingly demand a bigger voice in multilateral institutions, said Murithi Mutiga, program director for Africa at the Crisis Group. As African leaders spoke glowingly about the continent as a force on the global stage, some at home said the leaders must begin by delivering the dividends of democracy to their people.

Persons: —, There’s, William Ruto, Nana Akufo, Addo, Africa’s, Cyril Ramaphosa of, ”, Bola Tinubu, Tinubu, Murithi Mutiga, Rashid Abdi, Horn of, ” Abdi, Felix, Antoine Tshisekedi, Filipe Nyusi, Nyusi, Ibrahim Mayaki, Mayaki, Grace Agbu, Mamadi Doumbouya Organizations: General Assembly, Kenyan, United Nations, Crisis, African Development Bank, Gulf, Slave Trade, SEAT, Economic Cooperation, Development, Democratic, Africa Center, ” Locations: ABUJA, Nigeria, Africa, Russia, Ukraine, Cyril Ramaphosa of South Africa, Horn of Africa, Nairobi, Europe, United States, Paris, Democratic Republic of, Congo, New York, Nigeria’s, Abuja, “, ”

☆ Mozambique can sue Privinvest in London 'tuna bond' case, UK court rules
▼ + stars: | 2023-09-20 | by ( Sam Tobin | ) www.reuters.com time to read: +3 min

Mozambique is suing Privinvest, its owner Iskandar Safa, Credit Suisse and others over three loans raised in 2013 and 2014, ostensibly to develop its fishing industry. In the Supreme Court case, Privinvest argued the dispute must be heard in secret arbitration proceedings. But senior judges unanimously allowed the case to be heard in a lengthy public trial in the High Court, due to begin on Oct. 3. The judgment validates Mozambique's decision to bring proceedings in the High Court, said Mozambique's London law firm Peters & Peters. The High Court ruled this month that Nyusi has state immunity.

Persons: Filipe Jacinto Nyusi, Eduardo Munoz, Privinvest, Iskandar Safa, Peters, Peters & Peters, Safa, corruptly, Filipe Nyusi, Nyusi, Helen Taylor, Kirstin Ridley, Manuel Mucari, William James, Tomasz Janowski, Alexander Smith Organizations: General Assembly, REUTERS, Credit Suisse, Peters &, Privinvest, UBS, Mozambican, Corruption, Thomson Locations: Mozambique, New York City, U.S, Britain, Court, London, Lebanon, Abu Dhabi, United States, Mozambican, Maputo

☆ Mozambique "tuna bond" case against Credit Suisse can proceed, UK judge rules
▼ + stars: | 2023-07-03 | by ( Kirstin Ridley | ) www.reuters.com time to read: +3 min

But he warned: "At trial, all alternatives, including to strike out and in whole or in part, remain available." Credit Suisse, UAE-Lebanese Privinvest and others argued that a lack of "adequate" disclosure jeopardised a fair trial. Under English litigation rules, each party has to disclose documents on which they rely for their case, those that might damage their own case and those that support the case of others. A spokesperson for Credit Suisse said the bank noted the judgment and "continues to defend itself". Credit Suisse agreed to pay about $475 million to British and U.S. authorities in 2021 to resolve bribery and fraud charges and has pledged to forgive $200 million of debt owed by Mozambique.

Persons: Robin Knowles, SISE, Privinvest, Kirstin Ridley, Rachel Savage, Sam Tobin, Conor Humphries Organizations: Credit Suisse, Privinvest, International Monetary Fund, Mozambican, UBS, Lawyers, Thomson Locations: London, Mozambican, Mozambique, UAE, Lebanese, Swiss, U.S, United States

☆ Thabo Bester: South African convicted rapist and murderer accused of faking his own death is arrested abroad
▼ + stars: | 2023-04-12 | by ( Larry Madowo | ) edition.cnn.com time to read: +7 min

Thabo Bester was arrested Friday in the Tanzanian border town of Arusha, having apparently fled the country, according to a media briefing by the South African Justice Minister and Minister of Police. It’s a bizarre story that has embarrassed South Africa, exposed alleged loopholes in the management of a private prison and captivated the nation with every blockbuster revelation. The 35-year-old convicted murderer was arrested with his girlfriend Dr. Nandipha Magudumana and a Mozambican national named as Zakaria Alberto. South African police minister Bheki Cele told reporters that the trio had several passports each that had not been stamped and were just 10 kilometers from crossing into Kenya. A South African delegation of police and prisons officials are in Tanzania to arrange for their deportation.

[1/3] Young boys carry plastic as they look for items to salvage from the Nasolo river in Ndirande township in Blantyre, Malawi March 15, 2023. REUTERS/Eldson ChagaraBLANTYRE/MAPUTO, March 15 (Reuters) - Malawi and Mozambique were racing to rescue survivors from Tropical Cyclone Freddy on Wednesday as the death toll rose above 270 from one of the most powerful storms recorded in the southern hemisphere. In neighbouring Mozambique at least 21 people had died as of Tuesday, according to the disaster agency. The overall death toll since Freddy first made landfall in February is now estimated at more than 270 in Malawi, Mozambique and Madagascar. We've rescued thousands but thousands more are still unreachable," said disaster agency spokesperson Paulo Tomas by telephone from Quelimane.

The tuna bond or "hidden debt" scandal, one of Africa's most high-profile corruption cases of recent years, has triggered a spate of litigation from Maputo to Washington. But the London case could establish whether one of the world's poorest countries can secure compensation and restitution. Credit Suisse, Privinvest and others had called for the complex case of claim and counter-claim to be nixed if Mozambique fails to provide "adequate" disclosure within one month of any court order. Mozambique's attorney general has said that state secrecy prevents some documents from being disclosed. Privinvest has said it delivered on all of its obligations under the contracts and any payments it made were legal under Mozambican law.

☆ Madagascar suspends schools as cyclone Freddy approaches
▼ + stars: | 2023-02-21 | by ( Lovasoa Rabary | ) www.reuters.com time to read: +2 min

ANTANANARIVO, Feb 21 (Reuters) - Madagascar's government on Tuesday suspended schools and transport in the path of tropical cyclone Freddy, which was likely to make landfall in the southeast of the country by evening. The cyclone is expected to hit Mananjary district, about 270 km from the capital Antananarivo, with winds of nearly 155 km per hour, Madagascar's meteorological services said. All traffic in cyclone Freddy's projected path was suspended overnight from Tuesday to Wednesday, the country's ministry of transport and meteorology said. Cyclone Freddy is expected to make landfall nearly a month after storm Cheneso battered the island nation of 29 million, killing 33 people and forcing thousands from their homes. "It is expected to cause locally devastating winds and a very dangerous sea state near the impact zone in Madagascar," UNOCHA said on Monday.

Whether Mozambique and its allies can stamp out the insurgency altogether is a question that has global repercussions as countries hunt for new sources of liquefied natural gas (LNG). Mozambique has huge natural gas reserves which, if managed effectively, could transform its fortunes. With already more than 100 trillion cubic feet of proven offshore natural gas reserves, one industry insider likened its future potential equal to Russia – a natural gas giant. The Mozambican forces, as had happened multiple times in smaller towns, were unable to stop them. Fighting between the terrorist group and the Mozambican army and Rwandan Security forces has left its mark on the town.

☆ Mozambican designer wants his brand up there with the world's best
▼ + stars: | 2022-09-16 | by ( ) www.reuters.com time to read: +1 min

Mozambican designer Mauricio Matapisse works on clothing designs in his studio in Maputo, Mozambique September 3, 2022 REUTERS/Emidio JozineRegister now for FREE unlimited access to Reuters.com RegisterMAPUTO, Sept 16 (Reuters) - Mozambican designer Mauricio Matapisse looks on as a machine sews the logo of his Nothing to Lose (NTL) clothing brand onto fabric. He wants his brand, which has caught the eyes of young Mozambicans with its trendy designs, to be on par with the world's best. NTL customers say its affordability, fabric quality and range of styles from hats to summer outfits set it apart. "You have the freedom to choose the colour, size and design of your clothes," customer Neusa Gilda Castigo Mussuey said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Emidio Jozine; Writing by Bhargav Acharya; Editing by Alexander Winning and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "Mozambican"

14 mentions found