Real Time Financial News Website
A growing number of Chinese tech start-ups are cancelling plans to list on Nasdaq-style markets at home with some eyeing Hong Kong share sales instead, as regulators tighten scrutiny of…
MTN Nigeria has said that it is currently engaging the banking community to align on a longer-term pricing structure for Unstructured Supplementary Service Data (USSD) platform. MTN said this yesterday…
The HP Anti-Counterfeiting and Fraud (ACF) team said it confiscated over 4.5 million fraudulent print products, parts, and components, including large numbers of ink and toner cartridges. Glenn Jones, Head…
George Sherman may still be the CEO of meme stock poster child GameStop. But it looks like Chewy co-founder Ryan Cohen is really running the show. GameStop (GME)said Thursday that…
U.S. President Joe Biden faces a Sunday deadline to decide whether to intervene in a trade dispute between two South Korean electric vehicle battery makers that could impact a Georgia…
Australian competition regulator said on Friday the federal court dismissed Volkswagen’s appeal against a record A$125 million ($95.1 million) fine on the German car maker, which was part of a…
Airbus reported slightly higher deliveries in the first quarter with 125 aircraft handed over to airlines after a sharp increase in activity in March. Airbus also posted 39 gross orders,…
MTN has activated a number of new channel partnerships with fintech companies as the company continues meeting with the commercial banks on a new pricing structure agreement. MTN’s initial meeting…
South Korea’s Hyundai Motor Co plans to suspend production for two days from Monday at its Asan plant because of a chip shortage, Yonhap news agency said, citing an unidentified…
The city of Beijing aims to have over 10,000 fuel cell vehicles on the road and build 74 hydrogen filling stations by 2025, as the Chinese capital maps out an…
Europe’s ambition to make the most powerful computer chips risks wasting billions of euros, a German think tank said in a report on Thursday, urging policy makers to focus instead…
China’s push towards carbon neutrality as well as its growing manufacturing might will allow electric vehicles (EV) to compete equally with standard cars by 2030 and drive the sector to…
Amsterdam-based technology investor Prosus NV has netted $14.6 billion from the sale of a 2% stake in Tencent Holdings Ltd, the Chinese gaming and social media giant said, in one…
-Production of some of Apple Inc’s MacBooks and iPads has been postponed due to a global component shortage, the Nikkei reported on Thursday. Chip shortages have caused delays in a…
European payments firm SaltPay has inked a deal to acquire South Africa-born third-party payments enabler International Tutuka Holdings Ltd, a firm that is currently controlled by emerging markets private equity…
Azman Air has reshuffled a number of appointments amongst its management cadre following the recently concluded audit of the airline by the Nigerian Civil Aviation Authority. In a letter signed…
A U.S. auto industry group on Monday urged the government to help as it warned the global semiconductor shortage could result in 1.28 million fewer vehicles built this year and…
Africa’s mobile users are getting worried about the increase in cybercrime threats, considering the mobile risks and the potential for digital identity theft. Despite the concern, they are not willing…
Microsoft Corporation has disclosed that it has helped over 30 million people in 249 countries and territories gain access to digital skills, topping its initial goal of 25 million last…
A Nigerian tech start-up firm, Newwaves Ecosystems Limited, is pitching for a major stake in the multi-billion-dollar global online meeting market with the launch of its virtual conferencing platform, Konn3ct.…
PayPal on Tuesday began allowing people in the United States to use cryptocurrency to make purchases from millions of merchants that use the financial platform for online transactions. The payments…
Raheem Akingbolu writes on how businesses can leverage on customer data to drive sales and accelerate brand growth in the market place. First-party customer data is the most valuable data…
ByteDance is in talks about a possible offshore listing of its short video app Douyin, the Chinese version of TikTok, in New York or Hong Kong, two people familiar with…
Hitachi Ltd said on Wednesday it will buy U.S. software company GlobalLogic Inc for $9.6 billion, including repayment of debt, as the Japanese industrial conglomerate pivots from electronics hardware to…
India is offering more than $1 billion in cash to each semiconductor company that sets up manufacturing units in the country as it seeks to build on its smartphone assembly…
A Nigerian tech start-up firm, New waves Ecosystems Limited, is pitching for a major stake in the multi-billion-dollar global online meeting market with the launch of its virtual conferencing platform,…
Ericsson is opening a lab in Ottawa, Canada, to work with customers and partners on new 5G radio access networks (RAN) technologies, the company said on Wednesday. The Swedish telecoms…
Daimler has got off to a good start in 2021 despite a global shortage of semiconductor chips, and plans to accelerate the shift in its model line-up to electric cars,…
Online payment app PayPal has announced US customers can make payments with its “Checkout with Crypto” feature, rolling out today. After rolling out the ability for US users to directly…
South Korea’s Hyundai Motor Co said on Tuesday it plans to temporarily suspend production at its Ulsan No.1 plant in South Korea due to chip and component supply issues from…