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Global Stocks Hit Record High as Soft Inflation Fuels Fed Rate Cut Hopes
Global equity markets surged to record levels on Wednesday, buoyed by softer-than-expected U.S. inflation data and…
AfDB Backs AI Training to Fast-Track Agenda 2063 Implementation Across Africa
The African Development Bank (AfDB) has thrown its weight behind a new artificial intelligence (AI) training…
Africa’s Digital Workforce to Reach 230 Million by 2030, Driven by AI Adoption —…
Africa’s digital workforce is projected to grow to 230 million by 2030, fueled by the rapid adoption of artificial…
Yuan weakens to 7.1405 against the dollar
The Chinese yuan weakened to 7.1405 against the US dollar on Monday, marking a 23-pip drop from the previous…
US, China Extend Tariff Truce by 90 Days, Avoiding Massive Duty Hikes
The United States and China have agreed to extend their tariff truce for another 90 days, averting a steep…
Elon Musk’s xAI Plans Legal Action Against Apple Over Alleged App Store Antitrust…
Elon Musk announced on Monday that his artificial intelligence startup, xAI, will take legal action against Apple,…
European Markets Poised for Positive Start as Global Trade Talks Take Center Stage
European markets are expected to open the week on a positive note, with futures data indicating modest gains…
World Bank Approves $8.4bn Loans to Nigeria in Two Years, Sparking Debt…
The World Bank has approved a total of $8.40 billion (N12.89 trillion) in fresh loans to Nigeria between June 2023…
Asian Markets Rally as US-China Tariff Truce Boosts Investor Confidence
Asian stock markets gained on Tuesday, with Japan’s Nikkei reaching an all-time high, as the United States and…
Global Markets Rally as U.S.–China Tariff Truce Extended; Focus Shifts to Key…
Global markets started the day on a strong note after the United States and China agreed to extend their tariff…
Apple Shares Surge 13% After CEO Tim Cook’s White House Visit, Announces $100…
Apple experienced its largest weekly stock gain since July 2020, with shares rising 13% after CEO Tim Cook joined…
AI-Generated Content Market to Surge to $71.6 Billion by 2034 Amid Rapid…
The Artificial Intelligence Generated Content (AIGC) market, valued at $27 billion in 2024, is projected to nearly…
European Shares Rise Amid Trade Optimism; Orsted Shares Plunge on $9.4 Billion…
European stock markets opened higher on Monday, buoyed by positive sentiment around global trade developments. The…
Japan’s Political Turmoil Threatens Budget Process and Delays in BOJ Rate Hike
Japan is facing mounting political uncertainty as Prime Minister Shigeru Ishiba comes under intense pressure from…
Treasury Yields Climb as Tariff Impact and Fed Leadership Shift Stir Investor…
U.S. Treasury yields rose on Friday as investors digested the implications of new tariffs and awaited key…
Nigeria, Egypt, and South Africa Power Truecaller’s 100M User Milestone in MEA
Truecaller, the global caller identification and spam-blocking platform, has surpassed 100 million monthly active…
Rumble Eyes $1.2 Billion Acquisition of German AI Cloud Firm Northern Data
U.S.-based video platform and cloud services provider Rumble is exploring a potential $1.17 billion (€1 billion)…
Debt Market Warning Signs Raise Red Flags for Overheated Stocks
Global investors are turning cautious on corporate credit markets, warning that current pricing levels are far too…
11 Key Points of the “Renters’ Rights Bill” for UK property landlords
The bill—introduced in September 2024—has advanced through both Houses of Parliament. It cleared the House of…
Trump’s Secondary Tariffs on Russia’s Oil Buyers Risk Global Market Disruption and…
U.S. President Donald Trump has imposed secondary tariffs targeting countries that import Russian oil, with a 25%…
Global Stocks Edge Higher on Fed Policy Shift; Gold Surges Amid U.S. Tariffs on…
Global stock markets nudged higher on Friday as investors grew optimistic about potential interest rate cuts by…
India and Brazil Bolster Economic Ties Amid Trump’s Tariff Escalation, Sparking…
India and Brazil are strengthening their bilateral economic cooperation in response to recent aggressive tariff…
Trump’s New Tariffs Take Effect, Impacting Global Trade and Nigeria’s Economy Amid…
President Donald Trump’s sweeping new tariffs officially began yesterday, marking the most significant U.S.…
Trump Opens Path for Crypto and Alternative Assets in Retirement Accounts
President Donald Trump has directed U.S. regulators to explore changes that would allow Americans to use…
Asia-Pacific Markets Mostly Rise as Trump Threatens 100% Tariff on Imported Chips
Asia-Pacific stock markets closed mostly higher on Thursday after U.S. President Donald Trump vowed to impose a…
NCC Warns Over 1,000 Weekly Fibre Cuts Threatening Nigeria’s Economic Stability…
The Nigerian Communications Commission (NCC) has sounded an alarm over the widespread sabotage of…
OpenAI Launches GPT-5, Boosts ChatGPT Power for 700 Million Users Worldwide
OpenAI has unveiled its newest artificial intelligence model, GPT-5, marking a significant milestone in the…
Chinese Exporters Sell Record $132.5B in Yuan Options Amid Currency Stability and…
Surge in Currency Derivative ActivityChinese firms, particularly exporters, sold a record-breaking $132.5 billion…
OpenAI Partners with AWS, Expanding Cloud Access to Its Models for the First Time
For the first time, OpenAI’s models will be accessible through Amazon Web Services (AWS), marking a significant…
OpenAI Unveils GPT-OSS: Free Open-Weight AI Models for Global Developers
OpenAI has released a new series of artificial intelligence models called GPT-OSS, marking a major shift toward…