Global Stocks Drop as Trump Announces New Auto Tariffs, China Defies the Trend
Global stock markets took a hit on Thursday following U.S. President Donald Trump’s announcement of new 25% tariffs on automotive…
Category: International
MTN Group and Airtel Africa Partner to Share Network Infrastructure in Nigeria and Uganda
MTN Group and Airtel Africa have officially entered into agreements to share network infrastructure in Uganda and Nigeria. The partnership,…
China Leads Global Chipmaking Investment in 2025 Despite Decline, SEMI Report Shows
China is set to continue its dominance in global chipmaking investment in 2025, despite experiencing a notable decline compared to…
U.S. Blacklists Over 50 Chinese Tech Firms to Curb China’s AI and Chip Advancements
The U.S. Department of Commerce has added over 50 Chinese companies to its export blacklist in an effort to prevent…
Wall Street Bonuses Surge 32% in 2024, Reaching Record Highs Amid Economic Uncertainty
Wall Street bankers saw their bonuses rise by 31.5% in 2024, bringing the average payout to $244,700, according to New…
U.S. Fed Rate Hold Triggers Sell-Off of Nigeria Eurobonds Amid Global Market Shifts
The decision by the U.S. Federal Reserve to hold interest rates steady has contributed to a significant sell-off of Nigerian…
OpenAI Unveils GPT-4o-Powered Image Generation Directly in ChatGPT
OpenAI has integrated a powerful new image generation tool into ChatGPT, leveraging its advanced GPT-4o model. This feature allows users…
TikTok Pledges Full Cooperation in Nigerian Data Breach Probe
Short video platform TikTok has committed to fully cooperate with the Nigerian Data Protection Commission (NDPC) as the agency investigates…
European Investors Urge AI Companies to Show Quick Returns Amid Rising Pressure
European investors are growing increasingly impatient with AI companies that have spent heavily on generative artificial intelligence without delivering tangible…
Stocks Gain, Dollar Drifts as Traders Ponder Trump Tariff Outlook
Asian stock markets followed Wall Street higher on March 26 as traders awaited more clarity on U.S. President Donald Trump’s…
US Economy Faces Potential Stagflation Risks, But Avoiding Severe Economic Strain
Recent projections from the Federal Reserve have raised concerns about the possibility of stagflation, a period characterized by both high…
Hong Kong’s Hang Seng Index Falls 2.35% Amid Trump’s Tariff Threats
In a day of mixed trading across Asia-Pacific markets, Hong Kong’s Hang Seng Index experienced a significant drop of 2.35%,…
China’s DeepSeek Unveils Advanced AI Model to Challenge OpenAI
Chinese AI startup DeepSeek has launched a significant upgrade to its V3 large language model, DeepSeek-V3-0324, intensifying its competition with…
U.S. Treasury Yields Rise as Hopes of Trade War Easing Boost Investor Confidence
U.S. Treasury yields increased on Monday, driven by growing optimism that President Donald Trump’s stance on trade tariffs may be…
OpenAI’s Brad Lightcap Takes on Expanded Role to Drive Global Growth and Partnerships
OpenAI’s Chief Operating Officer, Brad Lightcap, is set to lead the company’s global expansion efforts and corporate partnerships, as announced…
Ghana Gov’t to Deploy Technology to Combat Illegal Mining and Boost National Revenue
The government of Ghana has announced plans to implement technology-driven measures to address the growing challenge of illegal mining, which…
China’s Vice Premier Meets Blackstone Chairman to Discuss Economic Cooperation
In a significant meeting in Beijing, China’s Vice Premier He Lifeng met with Stephen Schwarzman, the Chairman of Blackstone, the…
UK, Nigeria, and Ghana Launch £1.9 Million Initiative to Boost West Africa’s Tech Ecosystem
The UK, Nigeria, and Ghana have launched the Sankore initiative, a £1.9 million program aimed at enhancing science, technology, and…
Bitcoin Surges Above $86,000 as Crypto Market Rides Positive Sentiment
Bitcoin and other leading cryptocurrencies experienced notable gains on Monday, driven by strong investor optimism. Bitcoin rose 3.2%, reaching $86,590,…
China’s Economic Resilience and Business Potential Highlighted at Forum Despite Tariff Concerns
Vice Premier He Lifeng reassured foreign business leaders about China’s economic prospects during the China Development Forum, emphasizing the country’s…
European Markets Rise on Germany’s Debt Reform and Trump-Putin Call
European stock markets closed higher on March 18, 2025, with investors focusing on key developments including Germany’s landmark fiscal reform…
China’s Equity Market Sees Strong Revival as Tech Sector Attracts Global Investors
Global investors are showing renewed interest in mainland China’s stock markets, marking a shift after two years of hesitation. This…
Overcoming Data Integration Challenges: The Key to Unlocking the Full Potential of AI Agents
The challenge facing 95% of IT leaders when it comes to AI agents lies in overcoming data integration issues. As…
Hong Kong Markets Drop Over 2% Amid U.S. Economic Uncertainty, Asia’s Stock Performance Mixed
Hong Kong’s stock market took a significant hit on Friday, with the Hang Seng Index plunging 2.19% to end the…
Perplexity AI in Talks to Raise Funds at $18 Billion Valuation
Perplexity AI, an artificial intelligence startup focused on search tools, is in discussions to raise funding at an $18 billion…
Instagram Outage in the U.S. Nearly Resolved, Reports Show Significant Drop
Meta’s Instagram service experienced a widespread outage across the U.S. on Thursday evening, with users facing difficulties accessing the platform.…
Beijing Supports Manus AI Startup as China Eyes New Tech Giant
Chinese AI startup Manus has gained significant attention following its recent registration of a China-facing AI assistant and its appearance…
Japan’s Core Inflation Hits 3%, Boosting Expectations of BOJ Rate Hike
Japan’s core inflation rate reached 3.0% in February, maintaining pressure on the Bank of Japan (BOJ) to consider further interest…
Bank of Ghana Faces Tough Decisions Amid Economic Challenges
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will hold its 123rd meeting starting March 24, 2025,…
Nigeria and India Strengthen Economic Ties: Focus on Trade, Investment, and Key Sectors
Nigeria and India have reaffirmed their commitment to deepening bilateral relations, focusing on trade, investment, and cooperation in sectors like…