Wednesday, March 25, 2026
China, U.S to produce 65% of all digital payments as market hits $4.4trn in 2020
Charles Abuede Digital payments, the biggest income wellspring of the worldwide Fintech market, are set to hit $4.4 trillion in...
Read moreDetailsOil giant, Saudi Arabia, records $29bn deficit in Q2 as oil demand continues to fall
World oil-producing giant, Saudi Arabia, has recorded an oil revenue deficit of $29 billion for the second quarter of the...
Read moreDetailsUnicorns amass $26.5bn in seeding funding since start of 2020, amid COVID-19 outbreak
Charles Abuede Unicorn companies canvassed and have raised $26.5 billion in funding since the start of 2020, in spite of...
Read moreDetailsVolkswagen, with $192bn debt burden, is world’s most indebted company
Piles of debt almost equivalent to entire nations, like South Africa or Hungary Daimler and BMW also in top 10...
Read moreDetailsCovid-19 paralyzes world largest diamond firm as global sales crumples
Company to undergo restructuring resulting from the Covid-19 effects Reports $56m rough diamond sales in Q2 2020 In the wake...
Read moreDetailsDeteriorating US-China relations is not reflected in markets
Hussein Sayed, Chief Market Strategist at FXTM Tensions between the world’s two largest economies are on the rise. After ordering...
Read moreDetailsAfrica50 says digital infrastructure investment critical to Africa’s economic recovery post-Covid-19
Examines investment opportunity for Africa’s recovery Aware that COVID-19 has triggered an unprecedented demand for digital innovations and an acceleration...
Read moreDetailsNetflix employees lead Apple, Facebook, Alphabet, eBay’s in revenue per-head, as paying subscribers surge 797%
Charles Abuede Employees at American streaming giant, Netflix, led those of other tech big names, Apple, Facebook, Alphabet and eBay...
Read moreDetailsAfDB signs $400m senior loans for $20bn MozambiqueLNG landmark project
Charles Abuede The African Development Bank (AfDB) said it is involved in a joint partnership with other global syndicates of...
Read moreDetailsStripe, Robinhood, other fintech frontrunners raise $4bn in 3 months amid pandemic
Charles Abuede A set of data obtained by Business A.M. have revealed that the top tier companies in the global...
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