Browsing Category
World
Tesla To Recall Over 817,000 Vehicles In US Due To Seat Beat Alert
Tesla Inc (TSLA.O) is recalling more than 817,000 vehicles in the United States because an audible alert may not…
Moody’s To Acquire Majority Stake In GCR Ratings
Moody’s Corporation yesterday, announced that it has agreed to acquire a majority (51%) stake in Global Credit…
Regulators To Check Global Cryptocurrency Operations
Regulators across the globe are getting more serious about crypto this year, as concerns grow about the…
Facebook Share Tumbles By 20 Per Cent
Meta has reported disappointing earnings, offered weak guidance, and said user growth has stagnated, which led…
Alphabets Approves Plan For 20-For-1 Stock Split
As part of the tech company’s quarterly earnings statement on Tuesday, Alphabet’s (parent company of Google) board…
Over $1.19 Billion Worth Of Ether Was Burned In January
Data from Ultrasound Money reveals that over $1.19 billion worth of Ether (ETH) was burned in the month of January…
European Markets Climb Amid Global Gains
European stocks moved higher on Wednesday amid positive momentum in global markets.
The pan-European Stoxx 600…
Chip Shortage: Volvo Sales Drop By 20.2 Percent
Volvo Car Group's sales fell 20.2% in January under pressure from the global component shortage, though demand for…
Japan To Tighten Measures Against Cyberattack
Japan will consider imposing tighter curbs on companies in security-sensitive sectors that procure overseas…
Australia’s Aristocrat Take Over Of Playtech Set To Fail
Gambling software maker Playtech does not expect its shareholders to approve its proposed takeover by Australia's…
Panasonic Experience Rise In Operating Cost
Japan's Panasonic on Wednesday posted a larger-than-expected 44% slide in third-quarter operating profit, hit hard…
World’s Second Largest Stablecoin Hits $50 Billion Capitalization
The world’s second largest stablecoin by market capitalization just hit the $50 billion mark, according to data…
Nigeria Startup “Nestcoin” Raises Pre-Seed Capital For Crypto Adoption
Nestcoin, a Nigerian tech startup, says it has secured $6.45 million pre-seed capital to accelerate crypto…
India To Introduce Digital Rupee In 2022-2023
India’s central bank will launch a digital version of the rupee in the next financial year, the country’s…
Citrix System Get Taken Into Private In $16.5 Bln Deal
Software company Citrix Systems said on Monday it would be taken private for $16.5 billion including debt by…
Japan’s Dec Unemployed Rate Drops As Monthly Employment Gain Hits Near…
The seasonally adjusted unemployment rate in December was lower than the 2.8% in the previous month, which was…
Sony To Acquire Videogame Developer ‘Bungie’ In $3.6 Bln Deal
Sony Interactive Entertainment will acquire Bungie Inc, the original creator of the "Halo" videogame and developer…
U.S. FTC To Review Microsoft Deal For Activision
An antitrust review of Microsoft Corp's proposed acquisition of Activision Blizzard will be handled by the U.S.…
Credit Suisse Faces $45.5 Million Claim – Court
Swiss prosecutors are pursuing around 42.4 million Swiss francs ($45.5 million) in compensation from Credit Suisse…
Amazon, AliExpress, Twitter, Zoom To Pay Tax On Profit Or Income Made In Nigeria
The federal government says non-resident companies (NRC) are mandated to remit 6% of turnover from digital services…
U.S. Treasury Secretary Janet Yellen To Participate Remotely In February G20…
U.S. Treasury Secretary Janet Yellen will participate in a February meeting of the G20 remotely because of a rise…
Macau Legend Shares Fall Over 20% After CEO’s Arrest
Macau Legend reported Chan had been arrested in a statement to the Hong Kong stock exchange on Sunday, adding it…
Pearson Buys Certification Company Credly
Education group Pearson has agreed to buy the certification company Credly to expand its offering to businesses…
Asia Stocks Make Tentative Gains, Brent Tops $91
Asian shares swung higher on Monday as Wall Street futures stabilised, though tests loom ahead as UK interest rates…
Goldman Sachs Forecast Five Rate Hikes In Federal Reserve This Year
Goldman Sachs is forecasting that the U.S. Federal Reserve will raise interest rates five times in 2022, versus…
Employee Of Deutsche Bank’s “Postbank” To Stage Strike
Some employees of Deutsche Bank's Postbank will stage a strike on Monday to raise pressure on management to meet…
Chevron Report Fourth Quarter Profit
Chevron Corp on Friday reported a fourth quarter profit, which missed estimates by analysts on weaker than expected…
Europe’s Tech Stocks Set For Biggest Monthly Drop In More Than 13 Years
European technology stocks fell on Friday and was on track for its biggest monthly drop since the 2008 global…
China issues draft rules for fakes in cyberspace
China's cyberspace regulator issued draft rules for content providers that alter facial and voice data.
This…
Elon Musk’s Net Worth Dropped By $25.1 Billion
A massive sell-off of Tesla shares slashed Elon Musk’s net worth by $25.1 billion, one of the biggest declines ever…