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Category: World

SSR Mining Suspends Gold Mine Production
BusinessWorld

SSR Mining Suspends Gold Mine Production

Gold miner SSR Mining suspended production at a mine in eastern Turkey following a landslide that occurred on Tuesday. The…

byayotilewaFebruary 14, 2024February 14, 2024
Elon Musk’s SpaceX Fined $3,600 by U.S.
BusinessEuropeinsuranceTechnologyWorld

Elon Musk’s SpaceX Fined $3,600 by U.S.

Elon Musk’s SpaceX was fined $3,600 by U.S. worker safety officials this month following an accident at its site in…

byayotilewaFebruary 14, 2024February 14, 2024
OpenAi Founding Member Leaves Microsoft
AsiaBusinessCommoditiesWorld

OpenAi Founding Member Leaves Microsoft

Andrej Karpathy, a prominent artificial intelligence researcher and founding member of OpenAI, announced his departure from the Microsoft-backed company on…

byayotilewaFebruary 14, 2024February 14, 2024
Benin Republic’s Dollar Bond Oversubscribed, Raises $750m
AfricaBusinessInvestinginvestmentWorld

Benin Republic’s Dollar Bond Oversubscribed, Raises $750m

Benin Republic successfully issued its first-ever dollar-denominated bond, raising a substantial $750 million. The bond offering witnessed overwhelming investor interest,…

byayotilewaFebruary 8, 2024February 8, 2024
Tullow Oil To Plan Temporary Halt in Ghana Drilling Operations
AfricaBusinessinvestmentLocalWorld

Tullow Oil To Plan Temporary Halt in Ghana Drilling Operations

Tullow Oil, in collaboration with its Joint Venture Partners, is gearing up for a temporary suspension of drilling operations in…

byayotilewaFebruary 8, 2024February 8, 2024
Meta to Detect AI Tech Across Facebook and Instagram
AsiaBusinessCommoditiesEuropeFintechWorld

Meta to Detect AI Tech Across Facebook and Instagram

Meta, the parent company of Facebook, announces its intention to roll out technology capable of detecting and labeling images produced…

byayotilewaFebruary 7, 2024February 7, 2024
Trump to Impose Higher Tariffs on Chinese Goods if Re-elected
BusinessCommoditiesTradeWorld

Trump to Impose Higher Tariffs on Chinese Goods if Re-elected

Former US president Donald Trump has declared his intention to levy additional tariffs on Chinese goods exceeding 60% if he…

byayotilewaFebruary 6, 2024February 6, 2024
Yandex: “Russia’s Google” Withdraws from Home
World

Yandex: “Russia’s Google” Withdraws from Home

The owner of Yandex, dubbed “Russia’s Google”, has announced its withdrawal from its home country, selling its Russian operation for…

byayotilewaFebruary 6, 2024February 6, 2024
Businesses Deem Bank of Ghana’s Monetary Policy Insufficient
BankingBusinessFinanceWorld

Businesses Deem Bank of Ghana’s Monetary Policy Insufficient

Businesses have expressed dissatisfaction with the Bank of Ghana’s (BoG) 100 basis point reduction in the monetary policy rate, lowering…

byayotilewaFebruary 6, 2024February 6, 2024
UBA Appoints new CEOs in Kenya and Sierra Leone
AfricaBankingBreakingBusinessLocalWorld

UBA Appoints new CEOs in Kenya and Sierra Leone

United Bank for Africa (UBA) Plc has announced the appointments of Mary Mulili and Mohamed Alhajie Samoura as the new…

byayotilewaFebruary 6, 2024February 6, 2024
Alan Kyerematen Plans to Revitalize Ghana’s Economy
AfricaFinanceMarketWorld

Alan Kyerematen Plans to Revitalize Ghana’s Economy

Alan John Kwadwo Kyerematen, Leader and Founder of the Movement for Change, has introduced his Great Transformational Plan (GTP) aimed…

byayotilewaFebruary 6, 2024February 6, 2024
World Bank’s Managing Director to Embark on  Visit to Nigeria
AfricaBreakingEuropeInvestinginvestmentLocalWorld

World Bank’s Managing Director to Embark on Visit to Nigeria

Anna Bjerde, the Managing Director of Operations at the World Bank, is poised to undertake a pivotal two-day engagement in…

byayotilewaFebruary 6, 2024February 6, 2024
COCOBOD Dismisses Reports on Cocoa Importation as “Misinformation”
AfricaBusinessCommoditiesMarketWorld

COCOBOD Dismisses Reports on Cocoa Importation as “Misinformation”

COCOBOD has refuted media reports regarding a leaked official letter purportedly approving the importation of 2,500 metric tonnes of cocoa…

byayotilewaFebruary 5, 2024February 5, 2024
Iraq Bans Eight Local Banks from U.S. Dollar Transactions
BankingBreakingBusinessEuropeFinanceWorld

Iraq Bans Eight Local Banks from U.S. Dollar Transactions

Iraq has implemented a ban on eight local commercial banks from conducting U.S. dollar transactions as part of efforts to…

byayotilewaFebruary 5, 2024February 5, 2024
Delta Air Lines Ranks 11th on 50 Most Admired Companies List
AfricaAsiaBreakingEuropeLocalTechnologyWorld

Delta Air Lines Ranks 11th on 50 Most Admired Companies List

Delta Air Lines has secured the 11th position on Fortune Magazine’s prestigious Top 50 Most Admired Companies list, making it…

byayotilewaFebruary 2, 2024February 2, 2024
Elon Musk Challenges Climate Alarmism: Advocates Pragmatism and Sustainability at Right-Wing Summit
BusinessWorld

Elon Musk Challenges Climate Alarmism: Advocates Pragmatism and Sustainability at Right-Wing Summit

Elon Musk, CEO of Tesla, addressed a right-wing summit organized by the Brothers of Italy party in Rome, challenging the…

byEkeminiDecember 19, 2023December 19, 2023
Mark Zuckerberg Surpasses Warren Buffett and Bill Gates in Wealth Rankings
BreakingWorld

Mark Zuckerberg Surpasses Warren Buffett and Bill Gates in Wealth Rankings

Mark Zuckerberg, the Founder of Meta, has surpassed Warren Buffett in riches by $7 billion, according to the Forbes Billionaire…

byayotilewaDecember 19, 2023January 3, 2024
Namibia’s Central Bank Maintains Policy Rate Amid Projected Inflation Slowdown
World

Namibia’s Central Bank Maintains Policy Rate Amid Projected Inflation Slowdown

Namibia’s central bank has opted to keep its policy rate unchanged at 7.75%, citing anticipated inflation deceleration in the coming…

byEkeminiDecember 7, 2023December 7, 2023
President Xi Jinping: China Won’t Seek Armed Conflict with Any Nation, Aims for Peaceful Ties
World

President Xi Jinping: China Won’t Seek Armed Conflict with Any Nation, Aims for Peaceful Ties

Chinese President Xi Jinping has emphasized that China does not intend to engage in armed conflict with any nation and…

byEkeminiNovember 16, 2023November 16, 2023
High Rates of Self-Employment in Sub-Saharan Africa Limit Wage Jobs and Productivity, World Bank Report Finds
World

High Rates of Self-Employment in Sub-Saharan Africa Limit Wage Jobs and Productivity, World Bank Report Finds

A recent World Bank report highlights that Sub-Saharan Africa (SSA), including Nigeria, has the highest rates of self-employment and unpaid…

byEkeminiOctober 5, 2023October 5, 2023
Global Debt Skyrockets to $235 Trillion, With US and China Accounting for Half
MarketWorld

Global Debt Skyrockets to $235 Trillion, With US and China Accounting for Half

The world’s total debt has surged to a staggering $235 trillion, with the United States and China contributing a significant…

byEkeminiSeptember 14, 2023September 14, 2023
UN Food Agency’s Global Price Index Hits Two-Year Low in August
CommoditiesWorld

UN Food Agency’s Global Price Index Hits Two-Year Low in August

In August, the world price index of the United Nations food agency dropped to a new low for the past…

byEkeminiSeptember 8, 2023September 8, 2023
U.N. Chief Warns of “Great Fracture” in Global Economic Systems
BusinessWorld

U.N. Chief Warns of “Great Fracture” in Global Economic Systems

U.N. Secretary-General António Guterres has cautioned about the risk of a “great fracture” in the world’s economic and financial systems.…

byEkeminiSeptember 7, 2023September 7, 2023
Binance Shuts Down Fiat-to-Crypto Platform Amidst Crypto Market Fluctuations
CryptoinvestmentMarketWorld

Binance Shuts Down Fiat-to-Crypto Platform Amidst Crypto Market Fluctuations

Binance, a prominent cryptocurrency exchange, has announced the closure of its fiat-to-crypto payments platform, Binance Connect. This decision comes as…

byakintundeAugust 17, 2023August 18, 2023
US Unemployment Claims Fall Slightly, Indicating a Tight Labor Market
World

US Unemployment Claims Fall Slightly, Indicating a Tight Labor Market

The number of Americans filing new claims for unemployment benefits fell by 11,000 to a seasonally adjusted 239,000 for the…

byakintundeAugust 17, 2023August 18, 2023
China’s Reluctant Response to Economic Challenges Raises Concerns
MarketWorld

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 the government’s tepid…

byakintundeAugust 17, 2023August 18, 2023
Netflix Hits 232 million subscribers.
BusinessWorld

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…

byakintundeApril 19, 2023April 19, 2023
Fox News will pay Dominion $787.5 million as part of a defamation settlement following false election claims.
World

Fox News will pay Dominion $787.5 million as part of a defamation settlement following false election claims.

A defamation complaint including false accusations that Dominion Voting Systems’ software was involved in manipulating the 2020 U.S. presidential election…

byakintundeApril 19, 2023April 19, 2023
March Sees Continued Combat Against Inflation by Global entral Banks.
MarketWorld

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, albeit the…

byakintundeApril 5, 2023April 5, 2023
World Bank Announces Ajay Banga As Sole President-Nominee
World

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 candidate…

byakintundeMarch 31, 2023March 31, 2023

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