Federal Government Partners with Bloomberg to Rebrand Nigeria’s Global Image
The Nigerian government has announced plans to collaborate with Bloomberg on a two-year initiative aimed at reshaping the country’s international reputation and attracting foreign investment. This development was disclosed in
New Rule Requiring Companies to Disclose How Much They Pollute is Coming in 2024
As 2024 approaches, a significant development looms for public companies as the Securities and Exchange Commission (SEC) gears up to decide on a rule requiring them to disclose their greenhouse
Investors Flee US Stock Market Amid Economic Uncertainty
The usually calm summer months for the US stock market are proving tumultuous this year, with investors pulling out at near-record rates as economic concerns mount. Traditionally, investors tend to
Elon Musk Dismisses Interest in Acquiring TikTok
Elon Musk has denied any plans to purchase TikTok, dismissing speculation that he might bid for the popular video-sharing platform. Speaking at the WELT Economic Summit on January 28, the
Zuckerberg Testifies Again in U.S. Antitrust Trial Over Instagram and WhatsApp Acquisitions
Meta CEO Mark Zuckerberg returned to the witness stand on Tuesday for a second day in a high-stakes antitrust trial in Washington, where U.S. regulators are seeking to unwind his
Adidas Plans to Liquidate Remaining Yeezy Sneaker Stock After Kanye West Split
Sportswear giant Adidas has announced its intention to sell the remaining stock of Yeezy sneakers, stemming from its terminated collaboration with rapper and fashion designer Kanye West, also known as
Tesla Warns of Retaliatory Tariffs Impacting U.S. Exports
Tesla has cautioned that potential retaliatory tariffs against American manufacturers could negatively impact its operations, urging the U.S. government to carefully evaluate its trade policies. In a March 11 letter
Drivers Offered Up to £3,750 Discount to Buy Electric Cars
Drivers in the UK will soon be able to claim discounts of up to £3,750 on select new electric vehicles as part of a new government-backed initiative aimed at accelerating
Florence Nightingale’s Hair Sells for Over £3,500 at Auction
A lock of Florence Nightingale's hair has sold for £3,606 at an auction in North Yorkshire, surpassing its expected value of £2,000 to £3,000. The hair, confirmed to belong to
Vinted Makes First Profit on Used Fashion
Vinted, a leading platform for second-hand clothing, has announced its inaugural profit, marking a significant milestone in the burgeoning market for pre-owned fashion. The company's shift into profitability comes as
Nike is Making a Major Shakeup
Nike is undergoing a major leadership overhaul as it grapples with intensifying competition and internal strategy missteps. On Thursday, the athletic apparel giant announced that CEO John Donahoe will retire
Diamond Prices are Down as People Spend More on Travel and Food
In 2023, rough diamond prices have experienced a notable dip, marking their lowest point in a year. This decline is attributed to shifting consumer trends in the post-pandemic era, with
Family of Boeing Whistleblower Sues Company Over His Death
The family of John Barnett, a former Boeing quality control manager, has filed a wrongful death lawsuit against the aircraft manufacturer, accusing the company of harassment and intimidation that led
WhatsApp Boss Clashes with Elon Musk Over Data Privacy Claims
WhatsApp CEO Will Cathcart has publicly disputed allegations made by Elon Musk that the messaging app "exports your user data every night." Cathcart took to X (formerly Twitter) to assert
Berkshire Hathaway Shares Rise as Investors Cheer Earnings Beat and Geico’s Quick Turnaround
Berkshire Hathaway's shares rose following a strong earnings report and Warren Buffett's annual shareholder meeting, dubbed the "Woodstock for Capitalists." The company's A shares climbed 2% on Monday, reaching an
Tesla Stock Charges Upwards on Deal With GM
Tesla (TSLA) stock experienced a surge this week after General Motors (GM) announced that their electric vehicles would be compatible with Tesla's charging network. This news followed a similar announcement
China Grapples with Looming Pension Crisis Amid Rapid Aging Population
As China faces the impending reality of a rapidly ageing population, concerns about the sustainability of its pension system are mounting, raising questions about the country's ability to support its
Google Announces Cloud Interconnect sites in Lagos, Johannesburg, Others
Google has announced the building of dedicated Cloud Interconnect sites in Lagos, Johannesburg, Nairobi and Cape Town. The news, which came at the second Google for Africa event, is the
Meta’s User Numbers Bounce Back After Controversial Changes, But TikTok’s Fate Could Impact Future Growth
Meta, under Mark Zuckerberg's leadership, has experienced a series of controversial changes recently, including the removal of fact-checkers, a shift towards free speech, and the elimination of diversity and inclusion
China to Impose Export Restrictions on Antimony, Escalating Critical Mineral Controls
China has announced new export restrictions on antimony and related elements, citing national security concerns in its latest move to tighten control over critical minerals where it holds a dominant
