WhatsApp Users in India to Send Money Through the App
WhatsApp has announced commencing in-app digital payments in India. In this case, WhatsApp users will transfer money to family members or share the cost of goods from a distance without [...]
Global Markets Today
Ant Group's listing process is likely to be delayed by at least six months, the Financial Times reported on Thursday, just days after it was unexpectedly halted by China's regulators. [...]
Global Markets Mixed Amid US Elections
US Markets Amid Elections Major US stocks traded higher on Wednesday's early trading session as investors awaited the winner of the Presidential elections. Results of the elections are still being [...]
Kenya’s Diaspora Remittances to Hit $2.9 Billion in 2020-World Bank
Kenya has been ranked 3rd in Africa in terms of diaspora remittance inflows, projected to reach US$ 2.9 Billion this year. According to a World Bank October 2020 Brief that [...]
Japan to Slash Aviation Fuel Tax by 80%
Japan has announced plans to temporarily slash its aviation fuel tax by 80% at most, a move that seeks to help the airline industry, which is struggling with the impact [...]European Central Bank Considers Launching a Digital Euro
The European Central Bank(ECB) has launched a public consultation forum so that Europeans can express their views about a digital euro. We are still in the review and consideration stage [...]Samsung Reclaims the Top Spot in the Smartphone Market – IDC
Samsung reclaimed the top position in 3Q20 with a market share of 22.7% after shipping 80.4 million smartphones, up 2.9% year over year. These figures represent new shipments only and [...]Big Tech Earnings Brief
Apple Q4 Earnings Apple Inc on Thursday released its financial results for the fourth quarter, reporting an 8% growth in revenues to hit $64.7 billion. Net income declined 7% year [...]Global Markets Q3 Earnings Highlights
United States markets closed lower on Wednesday's session mainly due to a re-emergence of the Covid19 infections across the world thus affecting investor sentiment even as the country goes into the presidential [...]Ryanair to Fly Boeing 737 Max from February 2021
Irish budget airline, Ryanair, has announced plans to receive and fly its first Boeing 737 Max jets as of February 2021. This comes after just recently, Europe's aviation regulator, the [...]Ant Group Eyes World Record IPO in Dual Listing
Payments Giant Ant Group is planning to set the world record in its upcoming IPO, which will raise over $34.5 billion. The online payments company priced its shares in the [...]PayPal Opens its platform to Cryptocurrency Transactions
PayPal Holdings Inc, a US-based online payments system has joined the cryptocurrency market. The global firm that deals with online money transfers and serves as an electronic alternative to traditional [...]
