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 [...]Global Markets Highlights
Google officially charged with antitrust The US Justice Department formally charged Alphabet Inc.'s Google with antitrust violations on Tuesday, the first major action against Big Tech for its staggering market [...]Visa Buys a Stake in UK Fintech Global Processing Services (GPS)
The world's top digital payments company, Visa, has taken a stake in leading UK payments issuer processor, Global Processing Services (GPS). The deal gives Visa a minority stake in GPS [...]
Sainsbury, Lidl Temporarily Suspend Kakuzi Orders Pending Investigations
UK retail stores, Sainsbury and Lidl, have temporarily suspended supplies from Kakuzi following the ongoing investigation over allegations of human rights abuse. News of the pull out come barely a [...]G20 Extends Debt Repayment Suspension for Another 6 Months
Officials from the G20 creditor countries (Group of 20 major economies) have announced plans to extend the debt repayment suspension for the world's poorest countries. The suspension of repayments has [...]Global Markets; Alibaba Acquisition, Europe New Lockdowns, IMF Head on Digital Currency
Here is a brief of the major news we are following; Alibaba Acquires Controlling Stake in A-RT Retail Chinese E-Commerce company Alibaba Group on Monday announced it will acquire a [...]
