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ByteDance Founder Resign As It’s Chairman
ByteDance founder Zhang Yiming has stepped down as chairman, as the company continues to reorganize its business.…
Tesla Recalls U.S Vehicles Sold Since 2017 Due To Communication Error
Tesla Inc is recalling nearly 12,000 U.S. vehicles sold since 2017 because a communication error may cause a false…
Elon Musk To Help Fight World Hunger With $6 Billion But With A Clause
Elon Musk is now worth more than $300 billion, and he’s apparently ready to start spending.
The Tesla and SpaceX…
Chip Shortage Force Apple To Substitute Production Of Ipad Tablet For Iphone 13
Apple has cut back production of iPad tablets to allocate more components to the iPhone 13, a sign the global chip…
Electric Vehicle Start-Up “Rivian Automotive” Targets $54.6 Million
Electric vehicle start-up Rivian Automotive is targeting a market valuation of as much as $54.6 billion in its…
Nigeria Routes Airfares Surge Higher
The lingering shortage of foreign exchange in Nigeria has forced the naira to crash against the United States…
Tesla Is Yet Sign A Contract With Rental Car Company “Hertz”: Elon Musk
Tesla CEO Elon Musk said on Monday night that his electric vehicle company has yet to sign a contract with…
ByteDance’s Finance Chief To Step Down And Focus On Role As Tiktok CEO
TikTok owner ByteDance’s finance chief will step down to focus on his role as CEO of the short video app, according…
Canadian Dollar Steadies As Speculators Turn Bullish On The Currency
The Canadian dollar barely moved against its U.S. counterpart on Monday as data showed
speculators turning bullish…
Insecurity, Others Cut Nigeria’s Foreign Investments To $875m, Lowest In 5 Years
The spate of security crises, a tough business climate, and policy inconsistency are among the factors that cut…
Oil Drops At Start Of Key Week As Biden Boosts Pressure On OPEC+
Oil fell as pressure mounted on OPEC+ to boost production when it meets this week and China released reserves of…
Oil Falls After China Releases Reserves Of Gasoline, Diesel
Oil prices fell on Monday after China said it released reserves of gasoline and diesel to boost supply, while…
Roblox Restores Service After Outage That Lasted Three Days
Roblox restored its services Sunday following a major outage that lasted for three days.
Roblox, an online…
China’s Yuan Steadies After Best Month In Five, Market Awaits Fed Meeting
China's yuan steadied against the dollar on Monday after posting it biggest monthly rise in
five in October, as…
Malaysia Stock Drops After Government Announcement Of One Off Windfall Tax
Malaysia stocks fell on Monday as the government announced a one-off “windfall” tax on companies to raise revenue…
Federal High Court Orders Temporal Forfeiture Of Houses, Cars Linked To Invictus…
A federal high court in Lagos has ordered the interim forfeiture of houses and cars linked to Obinwanne Okeke,…
Xpeng Hong Kong Shares Soar High After Delivery Of More Than 10,000 Cars
Xpeng said it delivered more than 10,000 cars in October, sending its Hong Kong shares higher on Monday
The…
China Applies To Join DEPA
China has applied to join the Digital Economy Partnership Agreement (DEPA) on Monday, the commerce ministry said.…
Sega Says It’s Exploring A Strategic Alliance With Microsoft
Sega Sammy Holdings on Monday said it is exploring a strategic alliance with Microsoft to develop big budget…
TLcom And 4DX Ventures Make Follow-On Deal For Autochek
Autochek, the automotive technology company facilitating auto financing across Africa, has today secured $13.1mn in…
Johnson And Johnson Accrued $800 Million Legal Expenses In Q3
Johnson & Johnson said it has settled most of the lawsuits it faced by thousands of men who claimed its…
Saudi Arabia Oil Giant “Aramco” Record 158% Increase In Q3
Saudi Arabia’s oil giant Aramco has posted a 158% increase in third quarter net income to $30.4 billion, as the…
American Airlines Canceled Over 1400 Flight , Plan To Increase Staffing
American Airlines said on Saturday it has canceled more than 1,400 flights over the weekend due to staff shortages…
New EXEO Platform Buys Minority Stake In Artisanal Cheese Business
African mid-market private equity firm EXEO Capital has struck its second deal this year and the third over the…
Facebook Name Change To Meta In Embrace Of Virtual Reality
Facebook’s name change is the most definitive signal so far of the company’s intention to stake its future on a new…
Euro Hovers Ahead Of ECB Meeting, Yen Looks Past BOJ Doves
The euro dipped below $1.16 ahead of the European Central Bank meeting on Thursday as investors wait to hear…
Facebook Is Rebranding, Changes Name To Meta
Facebook has changed its name to Meta as part of a major rebrand.
The company, which announced the change at its…
Meta Material Share Spike After Facebook Change Of Name To Meta
Meta Materials spiked late on Thursday, for the same reason that Zoom Technologies rallied in 2019 and Signal…
Panic As Bitcoin Crashes, Wiping Millions Of Pounds In Cryptocurrency Markets
Bitcoin’s price has crashed yet again, wiping hundreds of millions of pounds from cryptocurrency markets and…
Nigeria Banks Will Soon Commence Operations In China: Mr Cui Jianchun
The Chinese Ambassador to Nigeria, Mr Cui Jianchun, has said Nigerian banks will soon commence operations in…