African Startup Funding Declines 5% in Q1 2025 Amid Drop in Mega Deals
In the first quarter of 2025, venture capital funding into African startups dropped by 5%, reaching $460 million. This marks…
Category: International
PMI Global Summit Series Africa Returns to Rwanda in 2025 with Focus on Innovation and Youth Development
The PMI Global Summit Series Africa 2025 is set to take place in Kigali, Rwanda, from August 19 to 21,…
Treasury Yields Rise as Investors Brace for Trump’s Tariff Rollout and Economic Data
U.S. Treasury yields experienced a slight increase on Wednesday as investors eagerly awaited economic data and the rollout of President…
Trump Tariffs Set to Strike Italian Companies Hard, Warns Business Lobby
The head of Confindustria, Italy’s leading business lobby, Emanuele Orsini, warned that U.S. President Donald Trump’s new tariffs could have…
Investors Turn Bearish on U.S. Dollar Amid Trump Tariff Concerns
As U.S. President Donald Trump prepares to roll out new tariffs, investors are shifting away from the U.S. dollar, showing…
China Urges Banks to Boost Credit Support for Technology Firms
China’s National Financial Regulatory Administration has called on banks to increase their issuance of credit loans and medium- and long-term…
Luxshare Considers Hong Kong Listing to Raise up to $3 Billion
China’s Luxshare Precision Industry, a major supplier for Apple, is reportedly exploring a potential listing in Hong Kong this year.…
Global Stocks Struggle as Tariff Fears and Economic Slowdown Weigh on Markets
Global stocks took a hit as traders reacted to increasing concerns over President Donald Trump’s impending tariff announcement, which has…
Euro Zone Inflation Drops to 2.2% in March Amid U.S. Tariffs Concerns
Euro zone inflation eased to 2.2% in March, slightly below the 2.3% recorded in February, according to flash data from…
Treasury Yields Drop Ahead of Trump’s Tariff Policy Rollout Amid Economic Uncertainty
On Tuesday, U.S. Treasury yields decreased as investors braced for the rollout of President Donald Trump’s tariff policy. The 10-year…
OpenAI Expands Image Generator Access to All Free ChatGPT Users Amid High Demand and Funding Boost
OpenAI has made its advanced image-generation tool available to all ChatGPT users, including those on the free tier, expanding its…
OpenAI Secures $40 Billion in Record Funding, Valuation Soars to $300 Billion
OpenAI has successfully completed the largest private tech funding round in history, securing an impressive $40 billion, pushing its valuation…
China, Japan, and South Korea Strengthen Trade Ties Amid U.S. Tariff Threats
China, Japan, and South Korea have pledged to enhance regional trade cooperation as they prepare for the impact of U.S.…
Global Markets Stabilize Ahead of Trump’s Tariff Announcement, Gold Hits Record High
Asian equities saw a modest rebound on April 1, following Wall Street’s gains the previous day, while gold surged to…
Financial Institutions in Africa Face Growing Cybercrime Threats, Summit to Address Security Challenges
Financial institutions in Africa are increasingly becoming prime targets of cybercrime, according to the organizers of the Banking, Financial Services,…
Retym Raises $75 Million to Develop AI-Optimized Chips for Data Centers
Chip startup Retym has secured $75 million in funding as part of a larger $180 million investment to develop networking…
Russian Rouble Expected to Weaken Back to 100 to the US Dollar in a Year
A recent Reuters poll of 18 economists predicts that the Russian rouble will weaken to around 100 to the U.S.…
TikTok Removes 2.4 Million Nigerian Videos in Global Crackdown on Content Violations
In the fourth quarter of 2024, TikTok took down 2.4 million videos from Nigerian users due to policy violations, according…
Apple Hit with $162 Million Fine in France Over Ad Tracking Violations
Apple has been slapped with a €150 million ($162.42 million) fine by French antitrust regulators for allegedly abusing its power…
Global Stocks Extend Losses Amid Deepening US Tariff Fears
Global stock markets continued their downward trajectory on Monday, as fears surrounding the impact of US tariffs weighed heavily on…
Global Stocks Tumble as Tariff Fears and Recession Concerns Grow
World markets experienced sharp declines on Monday, with gold prices hitting a record high as global trade tensions escalated. U.S.…
Zhipu AI Launches Free AI Agent, Escalating China’s Tech Race
Chinese AI startup Zhipu AI has introduced a new free AI agent called AutoGLM Rumination, marking a significant development in…
Wall Street Faces Volatility Ahead with Tariff Deadline and Key Jobs Data
U.S. stocks are experiencing a rocky period as the market braces for a critical week ahead, marked by President Donald…
Berlin Considers All Options in Response to U.S. Tariffs, Including Targeting Tech Giants
The German government has stated that “nothing is off the table” regarding potential responses to the threat of U.S. tariffs,…
Wall Street Braces for Trump’s Tariff Announcement Amid Ongoing Uncertainty
Wall Street is anxiously awaiting U.S. President Donald Trump’s tariff policy announcement on April 2, hoping it will provide some…
OpenAI Implements Temporary Limits on ChatGPT’s Image Generation Feature Due to High Demand
OpenAI’s new image generation feature in ChatGPT, launched earlier this week, has faced rapid adoption, leading to unexpected server strain.…
US Suspends Financial Contributions to WTO Amid Review of Global Commitments
The United States has temporarily halted its financial contributions to the World Trade Organization (WTO) as part of an ongoing…
Dollar Faces Volatility as Inflation Data and Tariffs Loom
The U.S. dollar was poised for a steady finish to the week but on track for a quarterly loss, as…
Asia Stocks Fall Amid Rising US Tariffs, Gold Hits Record High
Asian stock markets saw significant declines on Friday, driven by heavy selling in South Korea and Japan, as fears of…
Intel Announces Major Board Changes as CEO Pushes for Turnaround
Intel Corp. has announced that three of its board members will retire and not seek reelection at the company’s 2025…