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China fines tech giants over anti-monopoly violations

Chinese tech giants including Alibaba Group and Tencent Holdings have been fined for failing to report corporate acquisitions, adding to an anti-monopoly crackdown by...

Elon Musk sells more Tesla shares, but stock drops in early trading

Tesla chief Elon Musk has sold another chunk of his stock after pledging on Twitter to liquidate 10% of his holdings in the electric...

Johnson & Johnson To Break Up Into Two Companies

Johnson & Johnson is to break up into two companies, it confirms on Friday. This move will separate the consumer health division that sells Band-Aids...

Elon Musk offers £4.4bn if UN shows how it will solve world hunger

Elon Musk, the richest person in the world, has said he will sell six billion dollars (£4.4 billion) worth of Tesla stock and donate...

Barclays Chief Jes Staley Steps Down Following Epstein investigation

Barclays CEO, Jes Staley has stepped down from the bank following a report by UK Financial Conduct Authority (FCA) linking him to the late...

Microsoft profit up amid cloud computing growth

Growth in Microsoft’s cloud computing business helped push its profit up 24% in the July-September quarter over the same time last year. The tech company,...

Nigeria Launches The First Digital Currency In Africa – eNaira

Nigeria on Monday becomes the first African nation to launch a digital currency - eNaira a move which the Central Bank of Nigeria says...

IKEA Owner Buys Former Flagship Topshop Store In London

Swedish origin brand IKEA has agreed a deal to buy former the Topshop Oxford Street flagship store in a £378 million deal. The world’s...

One-off payment to help 36 million French motorists hit by rising fuel prices

French Prime Minister Jean Castex has announced that millions of lower and medium-income motorists will be given 100 euros (£84) in financial assistance to...

IMF backs managing director following review of business ranking allegations

The International Monetary Fund (IMF) has expressed “full confidence” in its managing director in response to allegations that World Bank staff were pressured to...

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