Global Markets : Crude Prices Move Up as Supply is Disrupted
Crude oil prices rose to more than one-week high in London as supply disruptions in Iraq and Libya raised concerns. According to the daily Markets stats from EGM Securities, Commodities [...]
Bolt Receives KSh5.6 Billion for RD Strategies
Taxi hailing company, Bolt, has received KSh5.6 billion from the European Investment Bank (EIB), funding that seeks to improve the company's research and development strategies. Some of these strategies include [...]
Asian Equity Markets remain upbeat
Asian equity markets traded mostly positive after taking impetus from another record-setting session on Wall Street. following the recent US-China deal signing. According to a daily economic calendar by EGM [...]Toyota Invests $394 Million in Flying Taxis
Toyota has invested $394 million in Joby Aviation, a move that seeks to aid in the development of electric flying taxis. This new-found partnership will enable the two companies to [...]Google's Parent Company's Market Value Hits $1 Trillion
Alphabet, Google's parent company, has hit the $1 trillion mark in market share value, becoming the fourth US firm to hit that spot, after Amazon, Apple and Microsoft. On Thursday, [...]US-China trade deal drives global stocks to record highs
American equity futures climbed on Thursday and European shares fluctuated in the wake of the signing of the U.S.-China trade deal, an event that helped drive global stocks to record [...]U.S. and China Trade War Ends with New deal
The U.S. and China have signed the first phase of a broader trade pact amid persistent questions over whether President Donald Trump’s efforts to rewrite the economic relationship with Beijing [...]Amazon to Invest $1 Billion to Digitize SMEs in India
Amazon has revealed plans to invest $1 billion in a bid to digitize small and medium-sized enterprises in India, with a long-term expectation of exporting $10 billion worth of India-made [...]Prospects of US-China trade deal lifts up Global Stocks
Investors are catching their breath after a surge in optimism ahead of the signing of the first-phase trade deal between the world’s biggest economies and after Washington’s lifting of the [...]Visa Acquires Fintech Firm, Plaid, for $5.3 Billion
Visa has acquired fintech firm, Plaid, at a cost of $5.3 billion, a move that will enable the firm take advantage of Plaid's technology, thus making huge strides in the [...]Orange Plans an IPO for its African Business
Orange, a French Telecommunication company, is preparing for an Initial Public Offer (IPO) for its businesses in Africa and Middle East. Bloomberg reports that the company is targeting the London [...]VC Firm, Antler, Raises $50 Million for Expansion
Singapore-based early stage Venture Capital firm and startup builder, Antler, has raised $50 million, a move that seeks to expand its operations and launch further Antler programmes in 2020. The [...]
