Tuesday, July 21, 2026
Volkswagen, 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...
Read moreDetailsAmazon’s Jeff Bezo richer by $13bn in a day
Jeff Bezos Amazon Chief Executive Officer, Jeff Bezos’ wealth rose by a record $13 billion in a single day on...
Read moreDetailsAirtel Africa, WorldRemit join forces to raise financial inclusion in Africa
By Omobayo Azeez Airtel Africa is scaling up its operations with WorldRemit, the global digital money transfer service that operates...
Read moreDetailsKenya set to regulate loan rates for lendtechs
Business a.m. The Central Bank of Kenya (CBK) is set to regulate loan rates for digital lenders operating in the...
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