Company news in brief

12 July 2018 | Business

Woolies recalls frozen rice

Woolworths said on Tuesday it has issued a recall of its frozen savoury rice mix product which contains sweetcorn imported from a factory suspected of being the source of a Listeria outbreak in Europe.

The product is sourced from Belgium and contains frozen sweetcorn from the Greenyard Factory in Hungary. The retailer said the precautionary recall came after a worldwide recall issued by the Hungarian Food Safety Agency.

"This Greenyard Factory has been implicated as the potential source of a Listeria outbreak in Europe,” Woolworths said in a statement.

-Fin24

Dow Jones futures extend fall

US stock futures extended their losses on Wednesday after Washington announced a plan to slap tariffs on an extra US$200 billion of imports from China, sharply escalating a trade war between the world’s two biggest economies.

Dow Jones mini futures fell as much as 1% while S&P500 e-mini futures, the world’s most liquid futures, were down 0.8%.

-Nampa/Reuters

Britain to fine Facebook over data breach

Britain's data regulator has said it will fine Facebook half a million pounds (about R8.8 billion) for failing to protect users' data, in an inquiry into whether personal information had been misused by campaigns on both sides of Britain's 2016 EU referendum.

An investigation by the Information Commissioner's Office (ICO) has focused on the social media giant since earlier this year, when evidence emerged that an app had been used to harvest the data of tens of millions of Facebook users worldwide.

-Fin24

MTN Nigeria picketed by labour groups over right to unionise

MTN Nigeria offices are being picketed by the country’s biggest group of unions over an alleged refusal to allow staff to form workers’ groups, a claim denied by the continent’s largest wireless carrier.

The Nigeria Labour Congress agreed with Johannesburg-based MTN to allow a neutral group to survey staff and find out who wants to join a union, General Secretary Peter Ozo-Eson said outside the company’s offices in Lagos Tuesday.

“MTN has refused for that to happen,” he said.

-Fin24

Uber executive Hornsey resigns

Uber Technologies Inc’s chief people officer Liane Hornsey resigned in an email to staff on Tuesday, following an investigation into how she handled allegations of racial discrimination at the ride-hailing firm.

The resignation comes after Reuters contacted Uber on Monday about the previously unreported investigation into accusations from anonymous whistleblowers that Hornsey had systematically dismissed internal complaints of racial discrimination.

-Nampa/Reuters