Amazon’s Stock Surges as Q2 Earnings Show Profit and Sales Jump
Amazon (AMZN) has witnessed a massive surge in sales during the second quarter of 2023, driven by robust demand for its wide range of products and services. The company's sales
Long-Sealed MF Husain Masterpieces to Be Auctioned in Mumbai
Twenty-five rare paintings by modern Indian art icon MF Husain are set to go under the hammer today, June 12, in Mumbai - offering the public a first-ever glimpse of
BYD Expands Global Reach: Electric Vehicles Set Sail for Europe
In a visually stunning move, over 5,000 electric vehicles from Chinese automaker BYD were loaded onto the massive "BYD Explorer No. 1" shipping carrier in China this week, bound for
Luxury Stocks Plunge as Gucci Sales Decline Sparks Concerns
Luxury stocks across Europe recently experienced a sharp decline following a profit warning from Kering, the parent company of Gucci, signalling a notable slowdown in demand for high-end goods, particularly
Nvidia Unveils AI-Powered Platform to Simplify Learning American Sign Language
Nvidia has launched Signs, an artificial intelligence-driven platform designed to help users learn American Sign Language (ASL) more efficiently. The initiative, developed in collaboration with the American Society for Deaf
Former Canadian Fashion Mogul Peter Nygard Sentenced to 11 Years for Sexual Assault
Peter Nygard, the former Canadian fashion mogul, has been sentenced to 11 years in prison for sexually assaulting four women. The sentence was handed down on Monday in a Toronto
Volkswagen Considers Closing German Factories Amidst Intensified Competition
Volkswagen is contemplating the unprecedented step of shutting down its factories in Germany, marking a potential historic first for the 87-year-old automaker. The decision comes as part of a broader
Blink Fitness Files for Bankruptcy, Potential Gym Closures Loom
Affordable gym options could become scarcer as Blink Fitness, a budget-friendly gym chain, has filed for bankruptcy. The company, known for its low-cost memberships ranging from $15 to $45 per
Italy Approves €13.5bn Plan for World’s Longest Suspension Bridge to Sicily
Italy has officially greenlit an ambitious €13.5 billion project to construct the world’s longest suspension bridge, linking the island of Sicily with Calabria on the Italian mainland. The approval marks
Elizabeth Holmes Objects to Government Requesting She Pay $250 a Month to Victims After Prison
Elizabeth Holmes, the disgraced former Theranos CEO, is arguing that she has "limited financial means" and should not be required to pay $250 per month to the victims of her
Facebook-Owner Meta to Nearly Double AI Spending
Meta Plans Sharp Increase In AI Investment, Signals Further Restructuring Meta Platforms is preparing to significantly raise its spending on artificial intelligence this year, nearly doubling its investment despite growing
Samsung Galaxy S24 Ultra Live Photos Surface in Gold Variant Ahead of Unpacked Event
As the eagerly anticipated Galaxy S24 Unpacked event scheduled for January 17 approaches, leaks surrounding Samsung's latest flagship are gaining momentum. The most recent leak includes two live photos purportedly
OpenAI Unveils AI Voice Generator, Raising Concerns and Potential for Misuse
OpenAI has introduced a groundbreaking artificial intelligence tool named Voice Engine, capable of mimicking human voices with remarkable precision. While the tool holds promise for accessibility services, it also raises
Nigerian Government to Temporarily Suspend N10 Tax on Sweetened Beverages
The Nigerian federal government has announced plans to temporarily suspend the N10 tax on sweetened sugar beverages as part of its economic stabilization efforts. Minister of Finance Wale Edun made
Morgan Stanley CEO James Gorman to Step Down Within Next 12 Months
Morgan Stanley CEO James Gorman announced at the bank's annual shareholder meeting that he will step down from his position within the next 12 months. While the specific timing of
New Currency: Sierra Leone Knocks Three Zeros Off its Bank Notes
The currency in Sierra Leone has been overhauled and one of the prominent changes is that three zeros have been taken off its banknotes as part of the launch of
Warner Bros Discovery Urges Shareholders to Reject Paramount’s $108bn Takeover Bid
Warner Bros Discovery has advised its shareholders to turn down a $108.4bn (£80.75bn) takeover proposal from Paramount Skydance, signalling its preference for a separate deal already agreed with streaming giant
NBA Star Kyle Kuzma Talks Fashion and Partnership with PUMA
Renowned NBA player Kyle Kuzma, known for his impressive skills on the basketball court and distinctive fashion sense, recently sat down to discuss his passion for fashion and collaboration with
Explore the Future of Banking at the 18th Connected Banking Summit – West Africa
The International Center for Strategic Alliances (ICSA) is thrilled to announce the 18th Edition of the Connected Banking Summit – Innovation & Excellence Awards – West Africa 2024. This prestigious
Charlie Munger, Warren Buffett’s Longtime Partner, Passes Away at 99
Charlie Munger, the esteemed collaborator of Warren Buffett in shaping Berkshire Hathaway into a global investment giant, has died at the age of 99. The announcement came from Berkshire Hathaway,
