Italy's third largest bank to slash its workforce

The third largest bank by asserts in Italy has announced to cut its workforce by 6500 in 2017 . According to the management of the firm the overhaul process will include the closure of nearly a thousand out of over three thousand of its branches across the globe but mainly in Italy .
The exercise is to raise funds of about £10.6 billion and to write off the bad debt from its balance sheet in order to raise profitability .

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3 months old baby girl eaten live by giant rats in South Africa

A three months old baby girl has been eaten by giant rats in katlehong South Africa . The mother of the child 26 was said to have left the baby at home and went out to party with the twin brother to the deceased child . The police have arrested her on charges of child neglect , eye witnesses say the child's eyes , tongue and fingers were eaten off including some of her body parts . The remaining twin boy lucky is with the father and is now being taken care of by his father's new girlfriend .

Apple tops global brands ranking for 2016

Reports by consultancy interbrand have seen apple on top of the annual global brands ranking for 2016. The United States tech giant apple was named world most valuable company with a value of over $178 billion. Google is the second runners up with a value of over $133 billion, other companies making the top 10 in the world are Coca-Cola 3rd position, followed by Microsoft, Toyota, IBM, Samsung, Amazon,Mercedes and general electronics.

FREED NIGERIAN CHIBOK SCHOOLGIRL MISSES MILITANT HUSBAND

The first Nigerian schoolgirl from Chibok to be rescued from boko Haram says she misses the father of her baby, a suspected Islamist militant. In her first interview since being found with her baby in may, Amina Ali Nkeki told reuters she also wanted to go home to Chibok a town in the north. She and her child are being held in the capital, Abuja, for what the government of Nigeria calls a restoration process. More than 200 girls were kidnapped from a school in Chibok North-east Nigeria in April 2014. The abduction led to the #bringbackourgirls campaign, that was supported by United States first lady Michelle Obama and Pakistani activist malala yousafzai. The boko Haram group has wage a violent insurgency for several years in North-east Nigeria in its quest for Islamic rule.

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