Browsing Category
World
China’s Reluctant Response to Economic Challenges Raises Concerns
China's economy is facing challenges such as a potential property crisis and stagnation, leading to concerns over…
Netflix Hits 232 million subscribers.
Netflix on Tuesday said that its number of subscribers hit 232.5 million in the first quarter of this year and its…
Fox News will pay Dominion $787.5 million as part of a defamation settlement…
A defamation complaint including false accusations that Dominion Voting Systems' software was involved in…
March Sees Continued Combat Against Inflation by Global entral Banks.
Most developed and emerging market central banks continued to raise interest rates at a strong clip in March,…
World Bank Announces Ajay Banga As Sole President-Nominee
The Board of Executive Directors of the World Bank Group confirmed that US citizen Ajay Banga was the only…
US Issues $274 million in Housing Investments from Banks
The $274 million long-term financing for the housing industry in Nigeria and other West African nations has been…
Credit Suisse Collapse Burns Saudi Investors
The collapse of Credit Suisse also destroyed billions of dollars in investments made by the Olayan family in Saudi…
Credable, a Digital Banking Infra Startup that wants to Build Unit For Emerging…
A $2.5 million seed round has been raised by Credable, a newcomer in this field that offers its clients the…
Pfizer To Pay $43 billion to Buy Seagen
The multinational biotechnology business Seagan Inc. and the pharmaceutical behemoth Pfizer have agreed to combine…
Indian Prateek Gupta Steals $600m From Trafigura In Nickel Shipment Fraud
According to court records from London, the global commodities trader Trafigura has accused Indian businessman…
Companies Are Profiting From Inflation, Forcing The ECB To Face A Harsh Truth.
The European Central Bank (ECB) responded by hiking interest rates to their highest level in forty years in an…
Bill Granting Biden The Authority To Outlaw TikTok Is Approved By A U.S. House…
In what would be the most extensive American restriction on any social media app, the U.S. House Foreign Affairs…
India’s Adani Will Pay Back Debts Backed By Shares Worth Up To $790 Million…
India's Adani Group aims to prepay or return share-backed loans totaling $690 million to $790 million by the end…
China Demand Optimism And Supply Forecast Worries, Cause Oil To Climb.
Optimism about China's demand rebound, worries that underinvestment could constrain future oil supplies, and major…
French Agency And BoI Agree To A Funding Of €2.5 Million.
A funding deal for €2.5 million has been agreed between the Bank of Industry and the French Development Agency to…
Nearly 800 Billion Euros Are Spent In Europe On The Energy Crisis
Researchers said on Monday that the cost for European nations to protect people and businesses from rising energy…
Microsoft Packs Bing Search Engine
At a press conference at the company's headquarters in Redmond, Washington, Microsoft CEO Satya Nadella said,…
Turkey Earthquake, Death Tolls Near 10,000
Families in southern Turkey and Syria endured a second night in the bitter cold as overworked rescuers hurried to…
In 2022, Migrant Workers Sent about $800 billion Home.
People in low and middle income countries depend on migrant workers money sent home, which is expected to have…
Classera Generates $40 Million Funds And Plans to Expand in Africa
The largest Series 'A' investment in EdTech history for an unfunded startup was successfully completed by…
Adani Group, Owned By World’s Third Richest Man, Has Been Accused Of Account…
The shares of the Indian conglomerate Adani Group plummeted on Wednesday morning after activist investing company…
A Microsoft Cloud Outage Affects Users Globally.
Microsoft Corp (MSFT.O) was hit with a networking outage that took down its cloud platform Azure along with…
World Bank: 28.9 million Nigerians Rely on Food Aid.
According to the World Bank, 28 million 900,000 people in Nigeria and other West and Central African countries…
Davos2023: A WEF Survey Predicts a Global Recession in 2023.
In a survey conducted by the World Economic Forum (WEF) of chief economists from the private and public sectors,…
Book “Spare” by Harry Sells a Record-Breaking 1.4 Million Copies On…
According to the publisher, Prince Harry's book "Spare" broke Penguin Random House's sales record by selling 1.4…
Musk Shatters the Record for the Largest Personal Wealth Loss.
Elon Musk, the Tesla CEO, has a record in the Guinness Book of Records for losing $165 billion of his personal…
Following a Fed Inflation Nudge, Global Shares Decline.
The first decline in global shares in three days occurred as a result of remarks made by two Federal Reserve…
IMF: One-third of The Global Economy will Experience A Recession.
In 2023, a third of the world will experience a recession, according to the International Monetary Fund. This…
Nigeria’s Foreign Portfolio Shows a $2.08 billion Deficit.
In spite of a challenging economic climate marked by currency issues and a decline in investor confidence,…
The IMF Claims that Global Debt is Still Significantly Higher than Pre-pandemic…
The IMF reported that overall public and private debt declined by 10 percentage points to 247% of global gross…