By Radarr Africa Business Desk NEW YORK, November 11 (Radarr Africa) – Costco Wholesale Corporation’s board has declared a special cash dividend of $30 a share on its common stock, …
International
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InternationalInternational AffairsInternational Business
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InternationalInternational Business
PepsiCo to Cut About 1,000 North American Jobs as Sales of Some Drinks and Snacks Weaken
By Radarr Africa Business Desk NEW YORK, November 11 (Radarr Africa) – PepsiCo plans to cut about 1,000 jobs in North America as sales of some of its drinks and …
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InternationalInternational AffairsInternational BusinessUncategorized
Brent Crude Falls to Lowest Close Since August 31 as US-Iran Talks Hopes Grow
By Radarr Africa Business Desk NEW YORK, November 11 (Radarr Africa) – Brent crude settled at $91.49 a barrel on Tuesday, down $1.08, or 1.17%, its lowest close since August …
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EconomyInternationalInternational Affairs
US Consumer Prices Rise 0.4% in October, Above Forecast, Reviving Bets on Fed Rate Hike
By Radarr Africa Business Desk NEW YORK, November 11 (Radarr Africa) – US consumer prices rose a seasonally adjusted 0.4% in October from September, more than the 0.3% economists had …
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InternationalInternational AffairsInternational Business
Poorest Borrowers Paid 9.4% on New Bonds in 2025, World Bank Says
By Radarr Africa Business Desk LAGOS, November 9 (Radarr Africa) – Countries eligible for the World Bank’s concessional lending paid an average of 9.4 per cent on new bonds in …
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InternationalInternational AffairsInternational Business
Binance CFO Kaiser Ng Exits Days After Record $6.3bn Hack Blamed on North Korea
By Radarr Africa Business Desk LAGOS, November 9 (Radarr Africa) – Binance announced on Sunday, November 8, that chief financial officer Kaiser Ng is leaving the company, days after the …
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InternationalInternational AffairsInternational Business
Lam Research Authorises $25bn Share Buyback as Chip Stocks Try to Recover From Sell-Off
By Radarr Africa Business Desk LAGOS, November 9 (Radarr Africa) – Lam Research Corporation, the US chip-equipment maker, said its board approved a new share repurchase authorisation of $25 billion, …
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InflationInternationalInternational AffairsInternational Business
Traders Price 73% Chance of December Fed Rate Hike Ahead of US Inflation Data
By Radarr Africa Business Desk LAGOS, November 9 (Radarr Africa) – Traders see about a 73 per cent chance that the US Federal Reserve will raise interest rates in December, …
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InternationalInternational AffairsInternational Business
Tesla and SpaceX Shares Extend Losses as US Election Results Threaten Data Centre Plans
By Ogundana Boluwatife Shares in Tesla and SpaceX extended their declines on Thursday after Democratic victories in Texas midterm elections raised concerns about the expansion of data centres and the …
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InternationalInternational AffairsInternational Business
Bank of England Raises Interest Rate to 4% in First Hike Since 2023
By Ogundana Boluwatife The Bank of England has raised its benchmark interest rate to 4 per cent, marking its first increase in more than three years, as policymakers warned that …