South Africa's reform drive loses momentum as delays hit rail and port overhauls. Private-sector participation in infrastructure projects remains stalled, weighing on the country's economic outlook.

BREAKING: Meta plans to lay off approximately 10 percent of its workforce, according to a source speaking to AFP.

Meta is planning to lay off approximately 10 percent of its workforce, according to a source speaking to AFP.

Meta announces plans to cut 10% of its workforce as part of a new efficiency drive. The company is moving to reduce headcount across its divisions. #Meta #TechNews

Meta has informed staff that it will reduce its workforce by 10% as part of an initiative to increase operational efficiency.

UPDATE: Iran central bank confirms receipt of cash payments for new Strait of Hormuz transit fees. The announcement follows media speculation regarding the currency used for the newly established maritime charges. #Hormuz #Iran

Iran's central bank has confirmed the receipt of cash payments for new transit fees imposed on vessels navigating the Strait of Hormuz, according to the Fars news agency.

Spirit Airlines faces critical cash shortages as potential government rescue options remain under consideration for the carrier.

Spirit Airlines faces critical cash shortages, with potential government intervention under consideration to stabilize the carrier.