The Peninsula Times - News from Johannesburg, South Africa and the world, daily around the clock

Johannesburg -
Mayor of Turkish opposition stronghold defects to Erdogan party
HSBC 'consults' over UK unit job cuts amid AI adoption
HSBC 'consults' over UK unit job cuts amid AI adoption

HSBC said Wednesday consultations were underway, after the Financial Times reported that hundreds of jobs were at risk from the bank's adoption of artificial intelligence.

October 07, 2026

RECENT NEWS

Court orders German ex-spy chief kept in jail after spying, treason arrest
Court orders German ex-spy chief kept in jail after spying, treason arrest

A court Wednesday ordered ex-German spy chief August Hanning to remain in jail after his arrest on suspicion of espionage and treason, along with a former deputy who allegedly supplied him with secret files.

October 07, 2026

UK court quashes five ex-traders' Libor rate rigging convictions
UK court quashes five ex-traders' Libor rate rigging convictions

The Court of Appeal in London on Wednesday quashed the criminal convictions of five former financial traders for manipulating the Libor and Euribor interest rate benchmarks, the latest twist in the long-running rigging scandal.

October 07, 2026

Guinea caps bottled water prices after sachets banned
Guinea caps bottled water prices after sachets banned

Guinea capped prices on bottled water on Wednesday amid a shortage after a plastic ban scuttled the selling of pocket-sized drinking water sachets used by a large part of the population.

October 07, 2026

RECENT NEWS

Heavy casualties in Ukraine after Russian strikes
Heavy casualties in Ukraine after Russian strikes

At least 20 people were killed in Russian strikes across Ukraine on Wednesday, including 14 when a missile slammed into an apartment block in the north of the country as they slept.

October 07, 2026

RECENT NEWS

Shell refining margins reach record highs as wars hit supply
Shell refining margins reach record highs as wars hit supply

British energy giant Shell said Wednesday that its refining margins surged 75 percent in the third quarter compared with the second, as the Middle East and Ukraine wars hit supplies.

October 07, 2026