The rout in cryptocurrencies intensified, sending Bitcoin to its lowest level since October, as worries over tighter regulation by U.S. […]
Naspers asks Investec to pull ‘damaging’ analyst report
Naspers is asking Investec to withdraw an analyst report that it says contains errors and has damaged Africa’s biggest company […]
Zinox Group acquires Konga
The Zinox Group has reportedly acquired Konga but the financial aspects of the deal are still not in the public […]
Investec’s Koseff, Kantor Step Down After 40 Years at Helm
Investec Plc Chief Executive Officer Stephen Koseff and Managing Director Bernard Kantor will step down in October after 40 years […]
Attention Walmart Vendors: Your Shipping Costs Are About to Spike
Walmart executives will ask vendors to deliver more merchandise on time or face fines, in an effort to keep their […]
Fed puts brakes on Wells Fargo when bank needs to step on gas
The Federal Reserve’s surprise ban on Wells Fargo & Co growing its balance sheet comes at a difficult juncture for […]
Samsung’s Jay Y. Lee Freed in Surprise Korean Court Verdict
A South Korean high court unexpectedly let Samsung Electronics Co. Vice Chairman Jay Y. Lee walk free after suspending his […]
Steinhoff Refers Ex-CEO to Police on Suspicion of Corruption
Steinhoff International Holdings NV reported former Chief Executive Officer Markus Jooste to South Africa’s anti-graft police, pinning the blame for […]
Japan’s Fujifilm to take over Xerox in $6.1 billion deal, create JV
Japan’s Fujifilm Holdings is set to take over Xerox Corp in a $6.1 billion deal, combining the U.S. company into […]
Facebook Is Banning All Ads Promoting Cryptocurrencies
Facebook Inc. is banning ads on its social network that promote cryptocurrencies, initial coin offerings and binary options, saying they’re “frequently […]
Nigerian Stocks Among World’s Best-Performers
Nigeria’s stocks have been rated among the world’s best-performers in the past four months. Bloomberg reported on Monday that the […]
It Will Take Over Two Centuries To close The Gender Pay Gap
Oxfam International published a report on inequality on Monday, as the world’s richest and most influential plan to meet tomorrow […]
China Denies Allegations of Spying into African Union’s Headquarters For Five Years
The African Union, a coalition of 55 countries established in Addis Ababa, Ethiopia, has reportedly been a victim of state-sponsored […]
London’s Bankers Miserable Amidst Brexit Speculation
-Nine out of 10 firms see Brexit as risk to London’s dominance Sentiment among London’s Brexit-hit bankers sank to its […]
Nigeria to Start Building $5.8 Billion Power Plant in 2018
Nigeria plans to start building a $5.8 billion hydro-power plant in the eastern Mambila region this year, after it agrees […]
Shell’s Race to Remake Itself For a Low-Price World
Last March, Royal Dutch Shell said it was selling most of its stake in Canada’s oil sands, a vast project […]
Why Canada is the next frontier for shale oil
The revolution in U.S. shale oil has battered Canada’s energy industry in recent years, ending two decades of rapid expansion […]
Japan Seeks to Clean Up Cryptocurrency Markets After $530 Million Coincheck Heist
Japan’s financial regulator said on Monday it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together […]
Wyndham Worldwide Corporation Is Making the Right Moves
Wyndham Worldwide Corporation announced two explosive deals that sent its shares 5% higher last Thursday. First, it is going to […]
YouTube Pledges $5 Million to Fund ‘Positive’ Videos
Expect more positivity and less suicide mockery on YouTube in 2018. Following the Logan Paul “suicide forest” video controversy, YouTube […]