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 …
International
- InternationalInternational AffairsInternational Business
- InternationalInternational AffairsInternational Business
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 …
- InternationalInternational AffairsInternational Disputes
Oil Falls About 3% on Hopes of Qatar-Mediated Talks to End the Iran War
By Radarr Africa Business Desk LAGOS, November 2 (Radarr Africa) – Oil prices fell about 3 per cent on Monday on hopes that Qatari-mediated talks could end the US-Israeli war …
- InternationalInternational Affairs
Binance Says $6.3bn Lost in Security Incident, Freezes $3bn and Pledges to Cover Users
By Radarr Africa Business Desk LAGOS, October 31 (Radarr Africa) – Cryptocurrency exchange Binance said on Thursday, October 29, that a security incident had an estimated total impact of about …
By Radarr Africa Business Desk LAGOS, October 31 (Radarr Africa) – Thrive Holdings, the company led by investor Josh Kushner, has agreed to acquire US home security group ADT in …
- InternationalInternational Affairs
Intel Shares Plunge Nearly 30% on Weak Forecast, Dragging Chip Stocks and Nasdaq Lower
By Radarr Africa Business Desk LAGOS, October 31 (Radarr Africa) – Intel shares fell about 29% on Friday, October 30, after the chipmaker issued a much weaker fourth-quarter forecast than …
- InternationalInternational Affairs
Fed Holds Rates at 3.75% to 4% in 10-2 Vote as Two Officials Push for a Hike
By Radarr Africa Business Desk LAGOS, October 29 (Radarr Africa) – The US Federal Reserve held its benchmark interest rate at a target range of 3.75% to 4% on Wednesday, …
- InternationalInternational Business
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 …
- FintechInternationalInternational DevelopmentTechnologyUncategorized
SpaceX Says It Has Closed $40 Billion Debt Deal to Buy AI Chips
By Radarr Africa Business Desk LAGOS, October 27 (Radarr Africa) – Elon Musk said SpaceX has closed $40 billion in debt financing to buy graphics processing units (GPUs) for artificial …
- InternationalInternational Affairs
Brazilian Assets Face Selloff After Lula Wins Fourth Term and Rival Disputes Result
By Radarr Africa Business Desk October 26 (Radarr Africa) – Brazilian assets came under heavy pressure in overseas trading after President Luiz Inacio Lula da Silva won a fourth term …