Browsing Category
International
US Stock Market Faces Uncertainty Amid Tech Struggles and Fed Policy Concerns
The U.S. stock market is facing increasing risks, with cracks appearing in the technology sector and uncertainty…
Rising Imports and Trade Deficit Slow U.S. Economic Growth in Q4
The U.S. economy likely grew at a slower pace in the fourth quarter of 2024, with GDP estimated to have risen at…
Microsoft shares slide as cloud forecast, AI spending disappoint
Microsoft's stock fell 4.5% in after-hours trading after the company forecasted lower-than-expected growth for its…
Microsoft shares slide on cloud outlook; Meta up after Q4 beat
Microsoft's shares dropped by 4.5% in Europe, following a weak forecast for its cloud business. This decline…
Gartner Predicts AI Will Drive 15% of Daily Work Decisions by 2028, Transforming…
Gartner has projected that by 2028, AI systems will autonomously make 15% of daily work decisions, with…
OpenAI says it will work with U.S government to protect technology
OpenAI has expressed concerns about Chinese companies attempting to tap into U.S. artificial intelligence…
Microsoft probes if DeepSeek-linked group improperly obtained OpenAI data,…
Microsoft and OpenAI are investigating whether a group connected to the Chinese AI startup DeepSeek improperly…
Italian startup Exein to supply cybersecurity for chips to MediaTek
Italian tech startup Exein has signed a deal with Taiwan’s MediaTek to provide cybersecurity systems for chips…
DeepSeek claims its ‘reasoning’ model beats OpenAI’s o1 on certain benchmarks
Chinese AI lab DeepSeek has launched an open-source version of its reasoning model, DeepSeek-R1, which is now…
Nigeria to partner Switzerland for economic collaboration – Akpabio
Nigeria's Senate President, Godswill Akpabio, has advocated for a stronger economic partnership with Switzerland,…
US Investigates United Airlines Flight That Returned to Nigeria After Mid-Air…
The US National Transportation Safety Board (NTSB) has launched an investigation into a United Airlines flight…
Currency Markets Roiled by Tariffs and AI Uncertainty
Global currency markets experienced sharp volatility as new U.S. tariff threats and concerns over artificial…
SAP sees higher operating profit, cloud revenue growth in 2025
SAP, Europe's largest software company, has raised its 2025 financial outlook, citing strong growth in cloud…
Tinubu Arrives Dar Es Salaam to Attend African Leaders Energy Summit
President Bola Tinubu arrived in Dar es Salaam, Tanzania, on Sunday to participate in the Mission 300 Africa…
Asia equities slide with US stock futures on China’s AI push; dollar firms
Asian stock markets and U.S. futures fell on January 27 as investors reacted to the launch of DeepSeek, a Chinese…
Inflation, poverty rate dip Nigeria-China trade to $20b in 2024
In 2024, trade volume between Nigeria and China fell to approximately $20 billion, a decline from the $22.6…
Asian stocks drop after Trump’s huge tariff threats
Asian stock markets fell on Monday following Donald Trump’s announcement of steep tariffs on Colombian goods in…
CERT-In issues urgent security alert over vulnerabilities in Google Chrome
The Indian Computer Emergency Response Team (CERT-In) has issued an advisory for users of the Google Chrome…
OpenAI to face Indian news firms of Ambani, Adani in copyright battle, documents…
Indian digital news outlets, including those owned by billionaires Mukesh Ambani and Gautam Adani, have filed a…
Emerging market investors eye frontier assets shielded from Trump’s tariff…
Amid growing global uncertainties, including rising U.S. tariffs and geopolitical tensions, investors are…
Trump policies may weigh on foreign inflows, naira stability
Analysts warn that President Donald Trump’s economic policies, including a strong dollar and increased oil…
Trump: Nigeria, other emerging markets at risk of capital flight –JP Morgan
JP Morgan has warned that emerging markets, including Nigeria, face significant capital outflows due to global…
UK borrowing jumps in December as debt interest climbs
In December 2024, the UK government reported a larger-than-expected budget deficit of 17.8 billion pounds,…
Trump unveils multi billion dollar investment to fund AI infrastructure
President Donald Trump announced a groundbreaking partnership with major tech companies, including OpenAI, Oracle,…
Tech titans top the world’s most valuable brands league in 2025
Tech giants continued their dominance in global brand value rankings, with Apple, Microsoft, and Google taking the…
Indonesia Set to Lift iPhone 16 Ban After Deal with Apple
Indonesia is reportedly close to reaching a deal with Apple to lift the ban on iPhone 16 sales in the country,…
Blackstone plans to sell Hotel Investment Partners, Cinco Dias reports
Blackstone is preparing to sell its stake in Hotel Investment Partners (HIP), a Spanish-based hotel management…
Oracle shares rise 9% after Trump unveils $500 bln AI plan
Oracle shares surged nearly 9% in Frankfurt after U.S. President Donald Trump revealed that the company would…
Trump pardons dark web marketplace founder Ross William Ulbricht
In a move that has stirred significant controversy, President Donald Trump has granted a full pardon to Ross…
After two years of smooth sailing, the Fed ready to navigate the rocky bond…
The Federal Reserve is preparing to meet amid rising concerns over a turbulent bond market and the unpredictable…