Nigeria gets its Ebola outbreak under control. All known Ebola patients in the country are now being treated and no new cases have been reported for a month. Senegal has also not had any new cases for a month, and its only patient has recovered from the virus.
Ukraine’s ceasefire is barely holding. Separatists have repeatedly shelled Ukraine army positions and tried to storm the Donetsk airport, according to the Kyiv government. The US ambassador says Russian forces and equipment are still in Ukraine, and the border is unsecured.
France will hits its twice-delayed deficit target, it swears. The slow European recovery has caused France to delay—yet again—its goal of reducing the public deficit to below 3%. It had aimed to reach EU-mandated debt levels by 2013, but now says it’ll only be able to do that in 2017. It will have to cut 50 billion euros from projected public spending between now and then.
Adidas kicks off a shareholder charm offensive. As hedge funds prepare to push for management changes, the world’s second-largest sportswear maker will return €1.5 billion ($1.9 billion) to unhappy investors over the next three years through share buybacks, dividends, and other means. Adidas has issued three profit warnings already this year.
Hong Kong protests enter a fourth night. Protesters booed the Chinese flag and jeered champagne-sipping city leaders at a ceremony for China’s National Day—a holiday that resulted in bigger crowds but no confrontations with police. Hong Kong and Beijing officials appear to be waiting the protests out, rather than cracking down or bending to demonstrators’ demands.
Reddit taps celebrities and Silicon Valley for funding. The social media site raised $50 million from rapper Snoop Dogg and actor Jared Leto along with venture capitalists Marc Andreessen and Peter Thiel, valuing it at a reported $500 million. Investors will also give 10% of their shares to Reddit users, who monitor the site and perform crucial maintenance tasks.
A networking app from the Hong Kong protests is also a hit in India Firechat lets smartphone users communicate without an internet connection, or share connectivity where it’s scarce. Hong Kong pre-democracy protesters are using it to pre-empt a government internet crackdown, but in India it is helping to make the most of the country’s rickety communications infrastructure.
India and the US will blast off into space together. NASA and India’s Space Research Organisation (ISRO) signed a pair of agreements yesterday that will see the two nations working together to launch an Earth-monitoring spacecraft by 2020 and to form a joint mission planning team that will be responsible for researching Mars. India could certainly teach NASA a thing or two about budget space travel.
Caffeinated underwear is pulled from US shelves. The bras, girdles, and leggings were supposed to aid weight loss, but turned out to be decaf. Misled consumers will receive about $1.5 million in refunds.