Browsing Category
World
Social Media App Parler Plans To Expand Into NFTs
Social media platform Parler said on Monday it will expand its business into non-fungible tokens (NFT), in a move…
Moderna Says Covid Booster Appears To Protect Against Omicron
Moderna announced Monday that a third dose of its mRNA vaccine against Covid-19 appears to provide significant…
Oracle To Enter Into It’s Biggest Acquisition Ever
Enterprise software giant Oracle will buy electronic medical records company Cerner in an all-cash deal for $95 per…
China Cuts Lending Benchmark, Market Sees More Easing In 2022
China cut its lending benchmark loan prime rate (LPR) for the first time in 20 months on Monday.
The one-year…
Tesla’s Musk Says He Will Pay Over $11 Bln In Taxes This Year
Electric-car maker Tesla Chief Executive Officer Elon Musk said on Sunday on Twitter that he will pay more than $11…
Facebook Pays Fines To Russia Over Banned Content
Facebook has paid 17 million roubles ($229,643) in fines owed in Russia for failing to delete content Moscow deems…
UK Shares Head For Weekly Loss On Omicron Concerns, Inflation Risks
UK's FTSE 100 slipped on Friday and was on course for a weekly loss, as concerns surrounding the fast-spreading…
S&P Dumps Chinese Property Giant Evergrande Into Default
The poster child of China's property crisis China Evergrande Group was officially declared in default by credit…
World Bank Rolls Out N329.53bn Cash Transfer Programme
The World Bank is rolling out an $800m (N329.53bn at official exchange rate) facility designed to fund a…
Uber looking to sell Didi, China market has little transparency, CEO says
Uber Technologies Inc (UBER.N) is looking to sell stakes in non-strategic assets, including its stake in Didi…
Bank Of England Raises Interest Rate To 0.25%
The Bank of England raised its main interest rate to 0.25% on Thursday as inflation pressures mounted in Britain.…
Jack Dorsey Appoints Three Nigerians And A South African To Head Bitcoin Trust…
Twitter founder, Jack Dorsey, has appointed three Nigerians and one South African to act as the board of his…
World Bank announces $93bn package for Nigeria, 73 others
On Wednesday The World Bank announced a $93bn replenishment package of the International Development…
Reddit Confidentially Files With U.S. Securities And Exchange Commission To Go…
Social media platform Reddit said on Wednesday it had confidentially filed for a proposed initial public offering…
Netflix Slash Prices Of It’s Streaming Services In India
Netflix slashed on Tuesday the prices of its streaming services in India, for the first time since launching five…
Unvaccinated Google Employees May Lose Their Jobs In 2022
Employees at Google have been threatened with pay loss – and even termination of employment – if they fail to…
Mortgage Refinances Fizzle As Interest Rates Resume Their Climb
A brief surge in mortgage refinance demand fizzled fast, after interest rates resumed their climb along with the…
Bank of England rejects major overhaul of cash system
The Bank of England has told top banks to clarify by March, on how they…
U.S. Congress approves boosting debt limit to $31.4 trillion
The U.S. Congress on Tuesday approved raising the federal government's debt limit by $2.5 trillion, to about $31.4…
Turkish lira slides again after rollercoaster ride to record low
On Tuesday Turkey's lira slid as much as 4% in further volatile trade after tumbling to all-time lows a day earlier…
FT Names Elon Musk As ‘Person Of The Year’
Tesla Inc Chief Executive Officer Elon Musk has been named the Financial Times newspaper's "Person of the…
YouTube Says Services Fixed After Disruption Affects Thousands
Alphabet YouTube said on Tuesday it has fixed an issue that caused thousands of users to lose access to its…
Australian Biopharmaceutical Giant “CSL Ltd” To Buy Swiss Drugmaker ”Vifor Pharma”…
Australian biopharmaceutical giant CSL Ltd (CSL.AX) said it would buy Swiss drugmaker Vifor Pharma AG (VIFN.S) for…
Stock Futures Tick Higher Ahead Of Key Inflation Data, Fed Meeting
U.S. stock index futures rose during early morning trading Tuesday after the major averages started the week in the…
Elon Musk Sells More Tesla Shares
SpaceX and Tesla CEO Elon Musk sold another 934,091 shares of his electric car company, which are worth around…
Chinese Social Networking Giant “Weibo” Shares Tumbled More Than 9%
Hong Kong-listed shares of Chinese social networking giant Weibo tumbled more than 9% on Tuesday, as regulators…
Facebook Owner Is Behind $60 Mln Deal For Meta Name Rights
Meta Platforms Inc, the owner of social media network Facebook, is behind a $60 million deal to acquire the…
McDonalds To Hire More People And Open New Restaurants By 2025
U.S fast food chain McDonalds will hire 12,000 people and open 200 new restaurants in Italy by 2025, Dario Baroni,…
Experts Count Coffee Trees In Brazil As Prices Hit 10-Year Highs
Coffee experts working for commodity trading houses are taking to the narrow, winding roads in Brazil's Minas…