U.S. Walmart is poised to dominate Africa’s retail market by year-end.
Walmart, a U.S. retailer, announced on Tuesday that it will establish its first branded stores in South Africa this year. Walmart’s action puts it in
Ethiopia starts building “Africa’s biggest airport” for $12.5 billion.
On Saturday, Ethiopian Airlines formally began a $12.5 billion building project in the Ethiopian town of Bishoftu, which officials claim would be Africa's largest airport
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Ethiopia commissions $4b Africa’s largest dam funded with domestic resources.
Ethiopia has taken steps to persuade its neighbors and the continent at large that the Grand Ethiopian Renaissance Dam (GERD), which is scheduled to be
Musk’s SpaceX set to achieve next-gen Starlink Direct to Cell service with $17b spectrum deal.
Elon Musk’s SpaceX and Charlie Ergen’s EchoStar have reached a final deal to sell the latter’s AWS-4 and H-block spectrum licenses for about $17 billion,
Microsoft Azure cloud services disrupted by Red Sea fiber cuts.
Microsoft stated on Saturday that several underwater fiber cuts in the Red Sea could result in higher latency for its Microsoft Azure users. The company
Anthropic has agreed to pay $1.5 billion, the largest payout in US history for copyright cases.
Book authors filed a class-action lawsuit against Anthropic, an artificial intelligence business, alleging that the company used unlicensed versions of their books to train its
Trump is set to impose higher EU tariffs after a $3.5 billion fine on Google.
Shortly after the EU fined Google $2.95 billion ($3.47 billion) for breaking anti-monopoly laws, U.S. President Donald Trump threatened to impose more taxes on the
Broadcom secures a $10 billion chip deal, validating its AI strategy; shares jump 11%.
The chipmaker’s announcement of a massive $10 billion AI chip order from a new customer fueled excitement about Broadcom’s potential to profit from the generative
Britain opts out of the $135 billion Global Defence Bank.
A high-profile effort to establish a global state-backed lender to assist in rearmament has been thwarted by Britain’s refusal to support a multilateral defense bank.
Global financial crime watchdog says criminals engage in money laundering using shell companies and crypto.
As the “getaway car” for criminals, the head of the global financial crime watchdog has urged nations to come clean about their use of shell
Kraft Heinz, the 5th largest food company in the world, is splitting after a 10-year merger.
Ten years after the brands merged to form one of the largest food corporations in the world, Kraft Heinz is dividing into two. Kraft Heinz
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