Investors Lose N37 Billion Amid Sell-Offs in Nigerian Banking Stocks
Investors at the Nigerian Stock Exchange (NGX) experienced a loss of N37 billion as the domestic equity market faced a decline, largely driven by sell-offs in Tier One banking stocks.
Study Finds Smartphone Users Are Turning Off News Alerts Amid Notification Fatigue
A growing number of smartphone users are choosing to silence news alerts, citing fatigue and frustration with the volume and perceived irrelevance of the notifications, a new global report has
Pepsi Pulled from Supermarket Shelves in Europe Over Price Increases
In a bold move reflecting the ongoing clash between retailers and suppliers over rising prices, Carrefour, one of France's largest supermarket chains, has decided to cease selling PepsiCo products due
Diageo Ends its 15-Year Partnership With Diddy Following Lawsuit
Diageo, the spirits maker, has terminated its 15-year partnership with Sean "Diddy" Combs, following a recent racial discrimination lawsuit and allegations of neglect and underpromotion of his DeLeón tequila, which
Nike Warns Trump-Era Tariffs Could Add $1 Billion to Operating Costs
Global sportswear giant Nike has warned that import tariffs introduced under U.S. President Donald Trump’s trade policies could inflate its operating costs by as much as $1 billion this year,
Tiger Woods’ Iconic Nike Outfit May Have Been Worn for the Last Time
Golf enthusiasts who have witnessed Tiger Woods donning Nike gear for the past 27 years may have witnessed an iconic era coming to a close. The golf legend's enduring partnership
SpaceX and Startup Vast Hope to Put the World’s First Private Space Station in Orbit
Vast, a California-based startup, plans to use a SpaceX rocket to launch what it hopes to be the world's first commercial space station and ferry passengers to and from the
Massachusetts Uber and Lyft Drivers Secure $32.50 Minimum Wage in Landmark Agreement
Uber Technologies and Lyft have agreed to a $32.50 hourly minimum wage for drivers in Massachusetts and will pay $175 million to settle a lawsuit alleging they improperly classified drivers
Lufthansa IT Failure Grounds Flights Worldwide
German airline Lufthansa is 'stabilizing’ its flight operations at Frankfurt airport after a company-wide IT outage led to a raft of flight cancellations and delays that stranded thousands of passengers
Lululemon Shares Plunge as Tariffs and Sluggish U.S. Sales Hit Outlook
Shares of Lululemon tumbled more than 15% in extended trading on Thursday after the Canadian athletic apparel brand slashed its sales forecast, citing the heavy financial toll of U.S. tariffs
From Star to Struggle: The Rise and Wobble of Ola Electric
Once the poster child of India’s startup revolution, Ola Electric is now grappling with a crisis of confidence. What began as an audacious ride-hailing venture has spiraled into a cautionary
Every First-Party Nintendo Switch 2 Game Will Cost $70 or $80 – Even the Old Ones
Nintendo has officially embraced a new pricing standard for its upcoming Switch 2 console, confirming that all first-party titles - including enhanced versions of older games - will retail for
Pepsi, Shaq, and Reebok Collaborate on Sneakers with Built-in Mini Can Compartments
Pepsi has joined forces with Reebok and basketball icon Shaquille O’Neal to introduce the Pepsi 'Sneak'er, a unique pair of Reebok Pump Shaq Attaq shoes featuring a special compartment designed
Duracell Sues Energizer Over Alleged False Battery Life Claims
Battery maker Duracell has filed a lawsuit against its longtime rival Energizer, accusing the company of misleading consumers with false claims about battery performance in a new advertising campaign. The
Instant Brands, Maker of Instant Pot and Pyrex, Files for Bankruptcy
Instant Brands, the manufacturer of popular products like Instant Pot, Corelle, and Pyrex, has filed for bankruptcy under Chapter 11. This type of bankruptcy allows for the reorganization of the
Taiwan’s ONGLAISAT Satellite Captures High-Resolution Earth Images
A newly launched Taiwanese observation satellite, ONGLAISAT, has successfully captured high-resolution images of Earth, marking a significant achievement in small-satellite technology. The satellite, built with the help of Japanese startup
Elvis Presley’s Granddaughter Fights to Halt Graceland Foreclosure, Alleges Fraud
Elvis Presley’s granddaughter, Danielle Riley Keough, is taking legal action to prevent the foreclosure sale of the legendary singer’s Memphis home, Graceland, scheduled for this week. Keough alleges fraud, asserting
Farmers Insurance Lays Off 2,400 Employees in Restructuring
California-based Farmers Insurance announced on Monday that it is laying off 11% of its workforce, or 2,400 employees, in a bid to restructure itself for long-term growth. The jobs being
Twitter Spent $33m in Three Months on Elon Musk Deal
Social media giant, Twitter has revealed that it spent $33m (£27m) on Elon Musk's proposed deal to buy the firm between April and June 2022. It also said its number
Disney Extends CEO Bob Iger’s Contract Through 2026
The board of The Walt Disney Company has unanimously voted to extend CEO Bob Iger's contract by two years, until the end of 2026. When Iger returned to the CEO
