Elon Musk Says SpaceX Has Shipped 100,000 Starlink Terminals
Elon Musk said in a series of tweets on Monday that his aerospace venture, SpaceX, has shipped 100,000 Starlink terminals…
Category: World
Walmart Launches Delivery Business To Connect Other Local Retailers With Consumers
Walmart on Tuesday announced the launch of a delivery service called GoLocal, which will carry goods from other local retailers…
European Markets Edge Higher On Pfizer Vaccine Approval And Easing Taper Worries
European stocks edged higher on Tuesday as investors took heart from the U.S. Food and Drug Administration’s full approval of…
Chinese Tech Stocks Rally As JD.com Surges 13%, Tencent Climbs 7%
Hong Kong-listed Chinese tech stocks staged a huge rally Tuesday as investors got a little more clarity on the regulatory…
Pfizer To Buy Cancer Drug Developer Trillium In $2.3 Bln Deal
Pfizer Inc (PFE.N) said on Monday it would buy Canadian drug developer Trillium Therapeutics Inc (TRIL.TO) in a $2.26 billion deal to strengthen its…
IMF’s $650 Bln Reserves Distribution Is ‘Shot In Arm’ For Global Economy- Georgieva
The IMF will distribute about $650 billion in new Special Drawing Rights to its members on Monday, providing a “significant…
Shareholder Payouts To Hit $1.4 Trillion in 2021, Nearing Pre-Pandemic Levels, Research Shows
Company payouts to shareholders are projected to hit $1.39 trillion in 2021, just 3% below their pre-pandemic peak, according to…
Elon Musk Says Tesla’s Robot Will Make Physical Work A ‘Choice’
After dominating the electric vehicle market and throwing his hat into the billionaire space race, Tesla boss Elon Musk announced…
Octopus Ventures Leads Investors Backing Pngme’s Series A
Unbundling financial data through APIs and driving data-driven insights with value-add products in Africa keeps getting more exciting as major…
Nigeria: International VCs and family offices back Alerzo’s Series A
The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. In fact,…
Treasury Yields Start The Week Higher With Key Fed Policy Event In Focus
U.S. Treasury yields rose on Monday morning, with investors focusing on the Federal Reserve’s annual central banking event, due to…
IFC Provides Financing For Ghanaian Radiology Firm
International Finance Corporation is providing financing to support the construction of new medical diagnostic facilities in Ghana’s capital, Accra. A…
PayPal Launches Its Cryptocurrency Service In The UK
PayPal is launching its cryptocurrency service in the U.K. The U.S. online payments giant said Monday it would let British…
Nigeria: Oasis Capital Strikes Twin Investments In Ivory Coast
Oasis Capital Ghana, which invests in small and medium enterprises across Ghana and Cote d’Ivoire via Oasis Africa VC Fund,…
European Markets Climb, Looking To Bounce Back From Worst Week Since February
The pan-European Stoxx 600 added 0.7% in early trade, with autos climbing 1.5% to lead gains as all sectors and major bourses…
Bitcoin Volatility Will Drive Investors Back To Gold, Says Mining Firm Chairman
Wild swings in cryptocurrencies will eventually drive bitcoin investors to return to gold, says the executive chairman of gold mining firm Evolution Mining. Jake…
Deere Lifts 2021 Forecast On Solid Demand For Farm, Construction Equipment
Deere & Co (DE.N) on Friday raised its full-year earnings forecast after quarterly profit topped Wall Street estimates on the back of…
Digital Economy: MDAs Generate N1.054tr
The Federal Ministry of Communications and Digital Economy and its departments and agencies have collectively generated a total of N1.05…
Facebook Launches VR Remote Work App
Facebook on Thursday launched a test of a new virtual-reality remote work app where users of the company’s Oculus Quest…
Stocks Drop, But One Seasonal Stock Could Weather A Fall Downturn
Travel stocks have taken a hit this week as fears over the delta variant grow. As of Thursday’s close, hotel…
Hong Kong Bourse to Start Offering China A Share Index Futures
Hong Kong’s exchange was cleared to start offering long awaited A share index futures contracts, giving global investors a new…
Malaysia Gets A New Prime Minister — The Country’s Third In 3 Years
Malaysia’s King Al-Sultan Abdullah has named Ismail Sabri Yaakob as the new prime minister, the palace said in a Friday…
Chinese Regulators Meet With Developer Evergrande As Scrutiny On Real Estate Grows
Chinese authorities called for indebted property giant Evergrande to resolve its debt risks during a rare meeting with executives Thursday.…
India’s Ride-Hailing Firm Ola Set To Go Public ‘Sometime Next Year,’ CEO says
India’s ride-hailing firm Ola has plans to go public next year — but, a final date for the initial public…
Securities and Exchange Commission (SEC) Woos Investors To Nigerian Commodities Exchange (NCX Via De-risked AAssets
The Securities and Exchange Commission (SEC) has announced plans to partner with the National Insurance Commission (NAICOM) to de-risk certain…
Warren Buffett Says These Businesses Do The Best During Periods Of High Inflation
From used cars to gas to groceries, inflation continues raise the price of goods in the U.S. The consumer price…
Education Department Will Cancel Student Debt For More Than 320,000 Borrowers
The U.S. Department of Education announced Thursday it will cancel $5.8 billion in student debt for more than 320,000 borrowers. The debt…
Sports Tech Firm Sportradar Renews Deal With FanDuel After Announcing $100 Million IPO
First came the IPO. Now, data supplier Sportradar has extended a critical partnership to keep pace in the sports betting…
Oil Falls For A Sixth Straight Day, Sinks To The Lowest Level Since May On Fears Of Slowing Growth
Oil dropped for a sixth-straight session on Thursday, falling to the lowest level since May as demand fears and comments…
Maersk Inks Deal To Secure Supply Of ‘Green’ e-methanol For Vessel, Targets 2023 Launch
Maersk said it has secured a supply of “green” e-methanol for what it described as “the world’s first container vessel…