Sunday, June 28, 2026
Apple, Microsoft, tech giants amass $588bn in cash reserve amid COVID-19
By Zainab Iwayemi Apple records highest decline at 6.8% Despite the global pandemic fuelling economic crisis, leading American...
Read moreDetailsThree of UK’s biggest banks lose $75bn market cap in a year
By Zainab Iwayemi HSBC Holdings, Lloyds Banking Group and Barclays, the three largest banks in the United Kingdom, have...
Read moreDetailsKenya’s economy in recession, first time in 2 decades, on pandemic induced pressures
By Charles Abuede Kenya NBS said GDP fell by 1.1% in Q3 2020 after shrinking 5.5% in Q2 2020...
Read moreDetailsGold stumbles, loses safe-haven appeal as investors flock to dollar
By Onome Amuge Gold suffered yet another drawback on Thursday morning while investors moved to the safety of the...
Read moreDetailsUS property insurance prices to witness continuous climb in 2021, says RPS
By Zainab Iwayemi United States commercial property insurance buyers will continue to see higher prices in 2021 with the...
Read moreDetailsICCO, CIRAD set for second edition of international symposium on cocoa research
By Onomev Amuge The International Cocoa Organisation (ICCO) in partnership with the French Agricultural Research Centre for International Development...
Read moreDetailsDavos summit: AfDB asks developed countries to fulfil $100bn yearly climate finance pledge
Says bank quadrupled its climate financing to $25bn by 2025 Percentage of financing devoted to climate adaptation up from...
Read moreDetailsAfrica loses up to $15bn yearly from climate change, laments Adesina, AfDBchief
To rise to $50bn by 2040 – IMF Says AfDB commits additional $12.5bn to climate finance Collective actions needed...
Read moreDetailsTencent $1trn market cap on hold after 11% stock surge
By Charles Abuede Tencent to be second Chinese firm to join the trillion-dollar club after PetroChina Co Chinese Internet...
Read moreDetailsSDG: Covid-19 magnifies financing gap in developing countries by 70%, says OECD
Citizens don’t benefit from social safety net Providing access to clean energy crucial for post-pandemic recovery Africa’s infrastructure financing...
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Renewables account for 15% of global energy use despite record growth, REN21 Says