International
Morgan Stanley chairman among six missing in Sicily yacht disaster

The chairman of Morgan Stanley International, Jonathan Bloomer, and his wife were among the passengers missing after a yacht sank off the coast of Sicily, the UK insurer Hiscox said Tuesday.
Rescue teams in Sicily had resumed a search for six missing people, including British tech entrepreneur Mike Lynch and his daughter, after a luxury yacht was struck by a violent storm and sank on Monday, killing one on board.
The British-flagged “Bayesian,” a 56-metre-long (184-ft) sailboat was carrying 22 people and was anchored just off the port of Porticello when it was hit by ferocious weather.
Jonathan Bloomer, chairman of Morgan Stanley International and Chris Morvillo, a lawyer at Clifford Chance who represented Lynch in a U.S. trial, were among the missing.
The wives of both men were also unaccounted for, said Salvatore Cocina, head of civil protection in Sicily.
“The fear is that the bodies got trapped inside the vessel,” he told Reuters.Prosecutors in the nearby town of Termini Imerese have opened an investigation into the incident.
Specialist divers had reached the ship on Monday at a depth of some 50 metres, but access was limited due to objects in the way, the fire brigade said.
Fifteen people had escaped before the boat went down, including Lynch’s wife, Angela Bacares, who owned the boat, and a one-year-old girl.
International
Nestle Sacks Global CEO Over Office Romance
In a statement, Nestle said Freixe’s departure on Monday, September 1, 2025, follows an investigation overseen by Chairman Paul Bulcke and Lead Independent Director Pablo Isla into an undisclosed romantic relationship with a direct subordinate, which breached the company’s code of business conduct.

•Laurent Freixe
Nestlé has sacked its global Chief Executive Officer (CEO), Laurent Freixe, for an office romantic relationship with a subordinate, which breached the company’s code of business conduct.
Nestle said that it had appointed veteran insider Philipp Navratil, who had headed the Nespresso coffee unit, as Freixe’s successor with immediate effect.
In a statement, Nestle said Freixe’s departure on Monday, September 1, 2025, follows an investigation overseen by Chairman Paul Bulcke and Lead Independent Director Pablo Isla into an undisclosed romantic relationship with a direct subordinate, which breached the company’s code of business conduct.
“This was a necessary decision. Nestle’s values and governance are strong foundations of our company. I thank Laurent for his years of service,” Bulcke said in a statement.
According to Reuters , the shock departure threatens more volatility for Nestle amid a tough consumer environment and the disruptive United States trade tariffs.
Crime
BREAKING: Finnish court sentences Simon Ekpa to six years in prison for terrorism

The Päijät-Häme district court in Finland has sentenced Simon Ekpa, pro-Biafra agitator, to six years in prison for terrorism offences.
In a ruling delivered on Monday, the court found Ekpa guilty of inciting terrorism and participating in the activities of a terrorist group.
According to a Finnish newspaper, the court said Ekpa had used his “significant social media following” to stoke tensions in Nigeria’s south-east region between August 2021 and November 2024.
In a unanimous ruling, the three-member panel of judges also stated that Ekpa was an influential member of a militant separatist movement whose goal was to actualise the carving out of a Biafra state from Nigeria.
The district court also noted that Ekpa had supplied certain groups with weapons, explosives, and ammunition “through his network of contacts in the region, and he was also found to have encouraged his followers on social media platform X to commit crimes in Nigeria”.
The court also convicted Ekpa of aggravated tax fraud and violating the provisions of the Attorneys Act.
International
US to close embassy in Nigeria Monday

The US Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, September 1, 2025, in observance of the US Labour Day holiday.
The US Mission announced this in a statement on its X account on Sunday morning.
“The U.S. Embassy in Abuja and Consulate General in Lagos will be closed on Monday, September 1, 2025, in observance of the U.S. Labour Day,” the Mission said.
It noted that the closure was a tribute to the contributions of American workers, a tradition dating back to 1882 when Matthew Maguire first proposed the holiday.
While essential services will remain accessible through emergency contact channels, routine consular services will resume after the holiday.
Nigerians seeking US visas or consular assistance are advised to plan their visits accordingly.
US Labour Day is a federal holiday observed on the first Monday of September every year.
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