U.S. Actor Zack Avery Steals $650M From Investors
American actor Zachary Horwitz, professionally known as Zach Avery, swindled investors of $650 million in a huge Hollywood Ponzi scheme.…
Category: World
Virgin Galactic Stock Rises As Spaceflight Ticket Sales Open With $150,000 Deposit
Space tourism company Virgin Galactic announced Tuesday that it will open ticket sales to the public on Wednesday, requiring a…
Bitcoin And Ether Rise As Ukraine-Russia Tensions Appear To Ease
Cryptocurrencies rose on Tuesday with U.S. stock futures as tensions between Ukraine and Russia appeared to be easing. Bitcoin climbed…
Russia’s Yandex Eyes $6.5 Bln Annual Revenue In 2022 After FY Profit Slip
Russian internet giant Yandex on Tuesday reported a 55% decrease in adjusted net income in 2021 but said it expects…
India Bans 54 More Chinese Apps Over Security Concerns
Spurred by security concerns, India has blocked access to 54 mobile apps, mostly of Chinese origin, among them the game…
Intel Buying Israeli Chipmaker Tower Semiconductor For $5.4 Billion
Intel Corp signed a deal to buy Israeli chipmaker Tower Semiconductor for $5.4 billion, the companies said on Tuesday, as Intel…
Blackstone, Partners Plan $23.77 Bln Recapitalization Of Logistics Firm Mileway
Blackstone Inc said on Tuesday existing investors in Mileway, its pan-European last mile logistics company, have agreed to recapitalize the…
UK’s Minister For Africa, Vicky Ford To Visit Nigeria
The UK’s Minister for Africa, Vicky Ford will visit Nigeria next week in what will be her first visit to…
Nigerian FG accuses Canada, Twitter of double standards over truck drivers’ protest
Nigerian FG lashed at the Canadian government and Twitter for double standard over handling of truckers’ protest against Covid-19 restrictions.…
Tesla Sold 59,845 China-Made Vehicles In January
U.S. electric vehicle maker Tesla sold 59,845 China-made vehicles in January, the China Passenger Car Association (CPCA) said on Monday.…
Toshiba Sets March 24 For Preliminary Vote On Break-Up Plan
Japan’s Toshiba Corp plans an extraordinary general meeting of shareholders on March 24, to seek their initial approval to hive…
Oil Price Rises To $95 A Barrel Amid Russia-Ukraine Tensions
Brent crude oil rose to $95 a barrel for the first time since October 2014 amid between Russia and Ukraine. Brent…
Apple To Raise Salary Of Its US Retail Employees
Apple Inc is raising the pay of many U.S. retail employees effective this month, Bloomberg News reported on Friday. The…
EU Is Nigeria’s Largest Trading Partner, Says Envoy
The European Union Ambassador in Nigeria, Samuela Isopi, has said the EU bloc is the largest trading partner and key…
UK Economy Grew 7.5% In 2021, Mostly Recovering From Its Pandemic Plunge
The British economy grew 7.5% in 2021, official figures revealed Friday, rebounding from its historic 9.4% plunge in 2020 when…
Delivery Hero CEO Apologizes To Investors After Share Drops By 30%
The boss of European food delivery firm Delivery Hero has apologized to investors after shares of the company plummeted more…
Tesla To Recall 578,607 Vehicles In United States
Electric car maker Tesla Inc (TSLA.O) is recalling 578,607 vehicles in the United States because pedestrians may not be able…
US Appeal Court Permits Nigeria To Request Documents From P&ID Stakeholders
A US court of appeals for the second circuit has overturned orders which blocked Nigeria from obtaining documents to support…
UN Seek $1.1 Million To Aid Displaced Persons In Northern Nigeria
The United Nations is requesting for the sum of $1.1 million to aid displaced persons living in the northern part…
Google Breached Antitrust Law, Russia’s FAS Says
Russia’s Federal Antimonopoly Service (FAS) on Thursday said Alphabet’s. Google had breached antitrust law related to suspending and blocking accounts…
Facebook Asks Nigerian Customers To Update Records By Feb 25
Meta, the parent company of Facebook, says Nigerian customers should update their value-added tax (VAT) identification numbers by February 25.…
PepsiCo, Coke Revenues Surge On Higher Prices, Inflation Casts Shadow
PepsiCo Inc and Coca-Cola Co trounced Wall Street estimates for quarterly revenue on Thursday, supported by recent price increases and…
Coca-Cola Beats Quarterly Revenue Estimates
Coca-Cola Co reported quarterly revenue on Thursday that beat analysts’ estimates, helped by higher prices for its soft drinks and…
Uganda To Pay $325 Million As Reparations To Congo
The International Court of Justice has ordered Uganda to pay $325 million in compensation to the Democratic Republic of Congo…
China Hopes U.S. Will Remove Tariffs, End Sanctions To Create Conditions For Trade
China hopes the United States will remove additional tariffs on Chinese goods and end its sanctions and crackdowns as soon…
Cristiano Ronaldo Is Now Making £1.7m Per Instagram Post
Superstar footballer, Cristiano Ronaldo , with over 400 million followers on Instagram, is now the most followed person on the…
Ukraine Strategist Predicts How Oil Will Hit $120 Per Barrel
Oil will “certainly” hit $120 a barrel and the global economy will be “radically altered” if Russia invades Ukraine, veteran…
Elon Musk and Jeff Bezos, each gained $3.5 billion in a day
Elon Musk and Jeff Bezos, have seen their wealth jump on the back of strong gains despite concerns that the…
Chip Shortage: Toyota Cuts Productio
Toyota Motor Corp on Wednesday cut its annual production target by half a million more vehicles as a chip shortage…
Wall Street Ends Higher; Bank Stocks Rise With Treasury Yields
Wall Street ended sharply higher on Tuesday, lifted by Apple and Microsoft, while a jump in Treasury yields elevated bank…