MTN Ghana may declare bankruptcy with $773m in overdue taxes.
A demand for back taxes of almost $773 million, including penalties and interest costs, has been sent to the Ghanaian subsidiary of South African mobile
AfDB approves a $114 million loan for Africa’s first EV battery gigafactory in Morocco.
On Friday, the African Development Bank (AfDB) announced that it had authorized a €100 million ($114 million) loan to support the construction of Africa's first
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
China takes control of Tech giants with veto rights in 2 Alibaba units.
Business registration records revealed that China has purchased minority holdings with special rights in two domestic subsidiaries of digital giant Alibaba Group Holding Ltd, as
UK “Golden” Visas were abused by rich investors with links to illicit money in Russia, Nigeria others.
According to a statement released by the British government on Thursday, a small percentage of those who were granted so-called “golden visas” for wealthy investors
The U.S. FAA air travel system is old and outdated; more of a danger to the flying public.
The failure of a system that provides pilots with safety information resulted in the cancellation or delay of thousands of flights across the US. The
Danish Central Bank and 7 private banks’ websites hit by hackers.
According to the central bank and an IT company that supports the industry, hackers have disrupted access to the websites of Denmark’s central bank and
Microsoft will invest an additional $10b to integrate the GPT3-based chatbot into its search engine Bing.
According to Semafor, Microsoft is negotiating to give ChatGPT owner OpenAI an additional $10 billion as part of its efforts to incorporate the GPT3-based chatbot
Amazon to shut 3 UK warehouses in bid to cut costs; 1,200 jobs impacted.
Three UK warehouses will be closed by Amazon in a move that could affect 1,200 jobs. According to a corporate representative, closure proposals have been
GTBank agrees to settle £7.6 million fine from the UK watchdog for lax money-laundering controls.
The UK subsidiary of Nigeria’s Guaranty Trust Bank was fined £7.6 million ($9.3 million) by Britain’s financial watchdog for what it claimed were additional shortcomings
U.S. SEC charges McDonald’s and ex-CEO for breach of fundamental duties to shareholders.
The Securities and Exchange Commission today filed a complaint against Stephen J. Easterbrook, the former CEO of McDonald’s Corporation, alleging that he misled investors about
Currency Swap: Argentina to beef up depleted reserves with Chinese yuan, constituting a threat to Dollar dominance.
The South American nation can now augment its depleted foreign currency reserves thanks to the formalization of an expansion of a currency swap agreement between
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