HSBC recently announced that it is joining China’s alternative payment system in an attempt to move quickly and further its competitive advantage in the evolving global banking sector. This has marked a sea change in banking practices whereby financial institutions…
With funding for electric vehicle startups starting to dry up, Chinese electric vehicle makers are increasingly looking to IPOs as a means of raising capital. As venture capital and private equity dried up, many EV makers have turned toward the…
Right now, Nike is under the microscope as the sportswear maker navigates through leadership transitions and works its way through a sales slowdown, especially in the key Chinese market. The company’s stock has been under pressure as investors await its…
It follows then that JPMorgan Chase is ready to post its earnings report, and analysts are eager to see how recent interest rate cuts by the Federal Reserve are affecting the banking sector. JPMorgan is actually one of the largest…
The tech sector has been pretty busy, most especially with Tesla and Microsoft, under the spotlights with major product launches and earnings releases. Tesla is unleashing its highly-anticipated robotaxi service, believed to change the entire dynamics of urban transport systems…
Major stock indexes have been performing superbly of late, trading near record highs, buoyed by the series of interest rate cuts that the Federal Reserve has been handing out. These cuts have indeed gone a long way in restoring investor…
The theme of the 16th BRICS Summit, held in Kazan, Russia, has been the strengthening of economic collaboration in fostering a multipolar world order. The three-day event, which started on October 22 and ended on the 24th, saw the participation…
In Uganda, a fuel tanker exploded high up onto the highway after overturning in the Kigoowa town area, leaving at least 11 people dead, including children, among crowds gathering there to siphon fuel from the crashed tanker before it went…
Composite Leading Economic Index for the United States: Integrated Index-Forward-looking economic activity. Presented by the Conference Board, the compilation of the LEI is designed to signal peaks turning points in the U.S. economy and, as such, helps economists, policymakers, and…
Some of you may know that the Dangote Refinery, in particular, has been one pretty much that links him with success. Just this gigantic facility has just begun operations, strategically positioning him to become the dominant force on the shores…
