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Sub-Saharan Africa incomes falling further behind rest of world, says IMF
The International Monetary Fund (IMF) has highlighted that incomes in Sub-Saharan Africa are falling further…
Google fires 28 employees after protest over Israeli contract
Google has terminated the employment of 28 employees following a sit-down protest organized by the group "No Tech…
IMF: South Africa needs decisive efforts to cut spending
A senior official from the International Monetary Fund (IMF) has highlighted the urgent need for South Africa to…
Social media platform X blocked in Pakistan- Minister
Pakistan's interior ministry recently revealed that it blocked access to a social media platform, referred to as…
Tesla again seeks shareholder approval for Musk’s 2018 pay voided by judge
Tesla (TSLA.O) has requested its shareholders to once again approve CEO Elon Musk's record-breaking $56 billion…
Global financial firms lag in monitoring personal messaging apps, survey Shows
A survey released on Wednesday revealed that global financial companies are falling behind in monitoring and…
United Airlines jumps after results beat ‘dramatically low’…
United Airlines (UAL.O) saw a premarket surge of about 5.3% on Wednesday following an optimistic profit forecast…
UBA outlines growth strategies for 2024
United Bank for Africa (UBA) Plc has unveiled its strategies to bolster growth prospects for the 2024 financial…
FG begs electricity union to avoid strike
The Federal Government has urged members of the National Union of Electricity Employees (NUEE) not to go on strike…
Attacks on Russian refineries may disrupt global oil markets
The International Energy Agency (IEA) has voiced support for the United States' stance, indicating that Ukrainian…
China’s exports likely swung back to contraction in March
A Reuters poll conducted on Thursday suggests that China's exports likely declined in March, following a period of…
Nike pins hopes on Olympics to win back market share
The company will outfit athletes from various countries, including the United States, Canada, China, Kenya,…
US bets on climate friendly farming, plan raises doubts
President Joe Biden's administration is incentivizing farmers to adopt practices that store carbon in the soil to…
Amazon CEO eyes cost reductions in fulfillment network
Amazon's CEO, Andy Jassy, revealed plans to further reduce costs in the company's fulfillment network, following…
US inflation surges to 3.5%, raises concerns for emerging markets
In a surprising turn, US inflation accelerated beyond expectations in March, reaching 3.5 percent, signaling a…
Biden and Kishida likely to discuss Texas bullet train project
President Joe Biden is working to bring attention back to a plan to create America's first high-speed rail system…
Hong Kong considers expanding investment links with China
The Hong Kong Monetary Authority (HKMA) is exploring the possibility of enhancing investment connections between…
South Korea to invest billions in AI to strengthen industry
South Korean President Yoon Suk Yeol has announced a major investment of 9.4 trillion won ($6.94 billion) in…
Global stocks steady, metals fly
On Tuesday, global shares showed a mixed performance as investors awaited this week's U.S. inflation report and an…
U.S. treasury secretary urges China to address global economic concerns
U.S. Treasury Secretary Janet Yellen recently highlighted growing worries about China's excessive manufacturing…
A near-miss cyberattack put US officials and the tech industry on edge
Last month, German software developer Andres Freund, employed by Microsoft, made a startling discovery during…
Johnson & Johnson to acquire Shockwave medical for $12.5 Billion
In a significant move to expand its portfolio of medical devices for heart disease treatment, Johnson &…
Foxconn forecasts revenue growth in Q2 after dip in Q1
Foxconn, the world's largest contract electronics manufacturer and key assembler of Apple's iPhone, anticipates a…
Canada to raise fees for permanent residency applications
Starting April 30, 2024, Canada's immigration department, IRCC, will increase fees for permanent residency…
US employment boom leaves factory workers behind
The Ariens Company, famous for its bright orange snow blowers and lawnmowers, had a tough time last summer when…
US has not asked India to cut Russian oil purchases, American official says
The United States hasn't told India to stop buying oil from Russia. Instead, they want to make sure the global oil…
Global markets watchdog proposes closer scrutiny of stock exchanges
The International Organization of Securities Commissions (IOSCO) suggested new guidelines on Thursday to help…
Japanese companies agreed on biggest wage hike in 33 years, union group says
A group of Japanese companies have agreed to increase wages by 5.24% this year, according to Rengo, the country's…
Markets brace for federal reserve speech over rate cuts
As markets navigate a shaky start to the second quarter, all eyes are on Federal Reserve Chair Jerome Powell's…
Virgin Atlantic expects profitability in 2024 Demand
Virgin Atlantic anticipates returning to profitability in 2024 following robust revenue growth driven by increased…