By Ogundana Boluwatife Danish pharmaceutical company Novo Nordisk has raised its 2026 financial outlook for the third time this year after stronger-than-expected third-quarter results, supported by growing demand for its …
International Business
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Canva restructures workforce, affecting 1,271 employees worldwide
By Radarr Africa Business Desk LAGOS, November 5 (Radarr Africa) – Canva is restructuring its global workforce, affecting 1,271 employees, or 22 per cent of its staff, as the design …
- InternationalInternational AffairsInternational Business
Binance says it has replenished 90% of the $6.3bn stolen in record crypto hack
By Radarr Africa Business Desk LAGOS, November 4 (Radarr Africa) – Binance has replenished 90 per cent of the roughly $6.3 billion in digital assets stolen in what is described …
- InternationalInternational AffairsInternational Business
Palantir falls despite beating forecasts as contract bookings slow
By Radarr Africa Business Desk LAGOS, November 4 (Radarr Africa) – Shares in US data-analytics company Palantir fell on Tuesday even though it beat third-quarter expectations and guided to fourth-quarter …
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Apple posts record September-quarter revenue of $114.5 billion, but shares slip
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – Apple reported record revenue of $114.5 billion for its fiscal fourth quarter, up 12 per cent from a year …
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Amazon Spends US$77.3bn in a Quarter on AI as AWS Grows 39%, but Shares Fall on Cash Burn
By Radarr Africa Business Desk LAGOS, November 2 (Radarr Africa) – Amazon’s cloud unit grew 39 per cent in the third quarter, its fastest pace in nearly five years according …
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OPEC+ Holds December Oil Output Targets Steady and Turns Attention to 2027 Quotas
By Radarr Africa Business Desk LAGOS, November 2 (Radarr Africa) – OPEC+ producers kept their December oil output targets unchanged at a meeting on Sunday and have paused changes to …
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Boeing Shares Fall 10.7% After Third-Quarter Loss, Even as Backlog Hits Record $745.4bn
By Radarr Africa Business Desk LAGOS, October 28 (Radarr Africa) – Boeing shares fell 10.7% on Tuesday after the aircraft maker reported a larger-than-expected third-quarter loss, even though its order …
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Oil-Driven Inflation Puts Central Banks on Rate-Hike Watch in Busy Week for Markets
By Radarr Africa Business Desk October 26 (Radarr Africa) – Asian shares traded cautiously on Monday as oil eased from six-month highs and investors prepared for a week of central …
Netflix is laying off approximately 1,000 employees, representing about 6 percent of its workforce, as the streaming giant faces growing competition for viewers and reassesses its spending priorities. The job …