Billionaire Jack Ma’s Ant Group warned that rising U.S.-China trade tensions threaten its business as it…
Category: Global Business News
Why East Africa crude oil exports remain uncertain
Ideas & Debate Why East Africa crude oil exports remain uncertain Wednesday, August 26, 2020 2:41…
Cargo demand in Africa still falling on Covid-19 concerns
Shipping & Logistics Cargo demand in Africa still falling on Covid-19 concerns Wednesday, August 19, 2020…
Jumia, Africa’s e-commerce leader, is paying out $5 million to settle class-action fraud lawsuits
Jumia’s second quarter earnings results show the company is looking to draw an end to a…
US dollar loses its lustre, but for how long will it stay dim?
Columnists US dollar loses its lustre, but for how long will it stay dim? Friday, August…
Facebook CEO now worth $100 billion-Top 100 billionaires revealed
Mark Zuckerberg has joined the world’s most exclusive club of the ultra rich. The Facebook (FB) CEO on Thursday…
Ethio Telecom reports revenue boom
Ethiopia’s only telecoms company on Thursday announced that it has earned 47.7 billion birr ($ 1.3…
Move over Aramco, Apple is now world’s most valuable company
Apple Inc. became the world’s most valuable company with its market value overtaking Saudi Aramco in…
Singapore Airlines shares plunge after posting record loss
Singapore Airlines Ltd.’s shares fell to their lowest price in more than 21 years after the…
Huawei overtakes Samsung as top smartphone seller: industry tracker
China’s Huawei has overtaken Samsung to become the number-one smartphone seller worldwide in the second quarter,…