After Criticism, Apple Says It Will Delay Child Safety Updates
Apple Inc (AAPL.O) said on Friday it would take more time to collect feedback and improve proposed child safety features after the criticism of the system on privacy and other…
Flipkart Co-Founder Challenges Indian Enforcement Agency Probe
The future looked promising for Tinashe Mapuranga, an intern at a leading bank in Zimbabwe who appeared set to get a staff position as soon as he completed his college…
Loud And Proud: Shake Shack’s Recipe For An Inclusive Workplace
If there is a key mantra for companies right now, it has to be “diversity and inclusion.” With issues of race, gender and sexuality coming to the forefront of American…
Exclusive Amazon To Proactively Remove More Content That Violates Rules From Cloud Service -Sources
Amazon.com Inc (AMZN.O) plans to take a more proactive approach to determine what types of content violate its cloud service policies, such as rules against promoting violence, and enforce its…
Tech Giants Seek Meeting With New Malaysian PM On Foreign Ship Cable Waiver
Facebook, Google, Microsoft and Amazon are seeking to meet Malaysia’s prime minister to ask that foreign vessels be allowed to repair undersea cables in its waters, a Google spokesperson said…
China Set To Sell 1.7 Million NEVs Between Jan-Aug, Nearly Tripling On-Year
China, the world’s biggest vehicle market, is expected to sell 1.7 million new energy vehicles (NEV) in the first eight months of this year, up from 600,000 units in the…
Victim Of Tesla Crash In Texas Had Alcohol Level Exceeding Legal Limit
One of the two victims of a fatal crash involving a Tesla car in Texas had a blood-alcohol level that exceeded the legal driving limit, according to an autopsy report.…
UK Food Supplies Set To Worsen As More Brexit Red Tape Is Introduced Within Weeks, Businesses Warn
Business owners fear food safety checks set to be introduced from 1 October will make some shipments unviable, but government says its approach has been ‘pragmatic’ The UK’s food supply…
Stocks End Week On a Downbeat Note After disappointing Jobs Report — Five Experts On What’s Next
Stocks looked to enter the long weekend on a dour note after a disappointing August jobs report. Nonfarm payrolls rose by 235,000 last month, less than half the gain of…
Include Revenue Sources In Budget Proposals, FG Tells MDAs
The Federal Government has directed all Ministries, Departments and Agencies of government to include revenue sources, and not just expenditures, in their 2022 budget submissions. The Budget Office of the…
NNPC Earned N4.61tn, Spent N4.52tn in 2020 — BudgIT
The Nigerian National Petroleum Corporation earned revenue of N4.61tn and spent N4.52tn in 2020, according to a report released on Friday. The report, titled ‘2020 NNPC Annual Performance Review’, was…
Match Shares Soar On News It Will Join S&P 500
Shares of Match Group rose more than 8% after hours, following news that the company is joining the S&P 500. As of Sept. 20 the online-dating company will replace Perrigo…
CBN Gets Eight New Directors
Nwanisobi had been in acting capacity since last October, when his predecessor, Isaac Okorafor retired. A statement from the CBN on Wednesday stated that others who were also appointed include…
Africa’s Cross-Border Trade is Worth $93b – Osinbajo
The Vice President, Professor Yemi Osinbajo, has estimated the value of informal trade in the African Continent to be in the region $93 billion yearly. Osinbajo, who stated this yesterday…
Reserves Hit Two-Month High, Naira Plunges Further
Nigeria’s foreign reserves have hit a two-month high, data released by the Central Bank of Nigeria (CBN) have shown. Sadly, the naira yesterday plunged to a new low at the…
Oil Set For Second Weekly Gain As Stockpiles Drop, Dollar Eases
Oil headed for a back-to-back weekly gain, supported by signs that the global crude market is tightening and a weaker U.S. currency. West Texas Intermediate, which was 0.5% lower in…
Canada FX Debt-Canadian Dollar Climbs To 2-Week High As Oil Rallies
The Canadian dollar rose to its highest level in more than two weeks against its broadly weaker U.S. counterpart on Thursday as oil prices jumped and investors braced for a…
Yuan Retreats After Touching Month High, Weak Services Activity Dampens
China’s yuan briefly touched a one-month high against a softer dollar before giving up all the gains by midday on Friday, pressured by a disappointing services activity survey. Traders say…
Emirates Extends Suspension Of Nigerian Flights To September 19
Travel to and from Nigeria remains suspended as there is no testing facility available at Lagos airport Emirates has extended its suspension of flights to Nigeria until at least September…
Sylva To Launch $50m Oil Industry Research, Development Fund Protocol
The Minister of State for Petroleum Resources, Chief Timipre Sylva, will next week launch the oil and gas Research and Development (R&D) Fund Utilisation Protocol put in place by the…
Ogun Unveils Business Registration Portal, Waives Backlog
As part of efforts to address challenges in business premises registration and improve the ease of doing business, the Ogun State government has launched the state business premises registration portal…
Brent Crude Crosses $73 Per Barrel
Oil prices rose more than $1 a barrel yesterday, rebounding on optimism about the pace of global economic growth despite the coronavirus pandemic, as well as on a sharp decline…
Analysis-Weak August U.S. Jobs Report Throws Doubt On Fed Taper
The weak U.S. jobs report for August complicates what had seemed a clear path for the Federal Reserve to begin trimming its bond purchases, undershooting the expectations of the central…
Chevron Braces For Activist Challenge; Meets Engine No.1 Representatives- WSJ
Chevron Corp (CVX.N) is preparing to defend itself against a potential activist challenge and met with representatives of the pro-environment fund which won three board seats at Exxon Mobil (XOM.N)…
Exclusive FedEx Faces Labor Union Challenge Over Billionaire CEO’s Pay
FedEx Corp (FDX.N) shareholders should reject founder and CEO Fred Smith’s $54 million pay package because the logistics company gave him stock options after scrapping a cash bonus in the…
Increasing Spending: FG’s Three-Year Deficit Hits N15.4tn Amid Revenue Crisis
Within a three-year period covering July 2018 to June 2021, the Federal Government recorded a fiscal deficit of N15.35tn, statistics obtained from the Budget Office of the Federation have shown.…
Stock Market Halts Losing Streak, Investors Gain N35bn
Investors in the equities market of the Nigerian Exchange Limited gained N35.44bn fueled by buyer interest in large-cap stocks on Thursday after three consecutive days of losses. The NGX All-Share…
Vodafone UK Refarms Block of 900MHz For 4G Use; Claims Breakthrough On Energy Consumption In 5GB
British mobile network operator (MNO) Vodafone UK has announced it is undertaking a project aimed at making ‘the best and most efficient use of spectrum and energy resources’, with it…
Webuild Wins €1.26bn Contract To Build Self-Driving Highways
A consortium led by Italian builder Webuild has won a €1.26bn contract to design and build two sections of the Pedemontana Lombarda Highway in northern Italy, which will have technology…
LinkedIn Is Shutting Down Its Stories Feature To Work On Short-Form Video
Linkedin announced that that it will suspend its Stories feature on September 30 and begin working on a different way to add short-form videos to the platform. The story feature…