Shell will sell Nigeria’s onshore oil business for $2.4 billion after nearly 100 years of operations.
Following nearly a century of operations, British energy giant Shell has decided to sell its Nigerian onshore oil and gas division to a group of
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
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
Nigeria’s inflation hits 28.92% in December, the highest in 27 years.
Food prices spiked in December, making inflation in Nigeria the worst it has been in over 27 years. This exacerbated the country’s cost-of-living crisis and
The World Economic Forum kicks off with the global priorities of conflict, climate change, and artificial intelligence.
Both the Earth and the Middle East’s wars are heating up. Both the global economy and Ukraine’s deterrents to Russia are faltering. AI has the
Global economy will contract for the third consecutive year in 2024, with the poorest nations worst hit. – World Bank
In 2024, the world economy will contract for the third year in a row due to factors such as rising interest rates, ongoing inflation, declining
Robotics and AI pose new threats to hospitality workers at CES 2024.
With a slow pour at first, the barista lifted and tilted the jug like she was painting the petals of a tulip in a choreographed
The U.S. SEC says approval, not endorsement as bitcoin ETFs trading volume hit $4.6b on the first day.
Investors flocked to the historic products permitted by the U.S. securities regulator on Wednesday, and as of Thursday afternoon, $4.6 billion worth of shares traded
BlackRock takes over infrastructure fund manager GIP in a $12 billion cash and stock deal.
In a deal worth more than $12 billion, BlackRock is purchasing Global Infrastructure Partners, an independent infrastructure fund manager, in exchange for stock. About 12
Brexit has shrunk the UK economy by over $178 billion annually. – Report
London Mayor Sadiq Khan stated on Thursday that Britain’s economy has shrunk by 6% as a result of its exit from the European Union, at
AI-powered misinformation constitutes the biggest immediate threat to the global economy. – WEF
In an assessment released on Wednesday, the World Economic Forum stated that the biggest immediate risk to the world economy is false and misleading information
Meta Platforms is to pay $160,000 per day for violating anti-competition laws in Turkey.
The Competition Commission of Turkey announced on Wednesday that it has chosen to fine Facebook parent company Meta Platforms Inc. 4.8 million lira ($160,000) per
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