US President Donald Trump has made a fresh revelation on getting a gift from Iran that changed his faith about Tehran amid his claim about negotiation.
FG launches OHOPRS, targets lifting 50 million Nigerians out of poverty with N16 trillion plan, unified system, real-time data, and coordinated interventions.
Meta shares dove more than eight percent in after-hours trading Wednesday after the tech giant reported a US tax charge took a roughly $16 billion bite out of its quarterly profit. Quarterly revenue however exceeded analyst expectations at $51.2 billion, a 26 percent increase from the same period a year earlier.
Google parent Alphabet reported its first-ever $100 billion quarterly revenue on Wednesday, powered by strong growth across its core search business and rapidly expanding cloud division that was buoyed by artificial intelligence. The cloud division, which competes with Amazon Web Services and Microsoft Azure, has become a key growth engine for Alphabet.
Uber said Wednesday it will launch its own robotaxi service in San Francisco late next year, taking on Google-owned Waymo on the rideshare giant's home streets. Waymo robotaxis have grown in popularity in San Francisco, and even become a tourist attraction, since the service began testing here in 2021 and opened to the general public last year.
Donald Trump and Chinese leader Xi Jinping will seek a truce in their tit-for-tat trade war on Thursday, with the US president predicting a "great meeting" but Beijing being more circumspect. One surprise could be if Xi brings up Taiwan, with speculation that Beijing might press Trump to water down US backing for the self-ruled island.
South African President Cyril Ramaphosa said Wednesday that his country has advanced to "text-based" negotiations with Washington towards securing a better tariff deal -- and hoped one would materialise "soon".
Billionaire media and telecoms tycoon John Malone will step down as chairman of his multinational companies Liberty Global and Liberty Media after decades influencing the global communications landscape, the businesses announced Wednesday. He will also step down as chairman at Liberty Media, which operates Formula 1 racing, MotoGP, and Live Nation entertainment.
AI chip juggernaut Nvidia became the world's first $5 trillion company on Wednesday, as investors remain confident that artificial intelligence will deliver a new wave of innovation and growth. The eyewatering valuations linked to artificial intelligence also include OpenAI becoming the world's most valuable private company, currently valued at $500 billion.
A new report by BugeIT, the social accountability platform, disclosed that about 10 Nigerian states are carrying heavy debt capita, led by Lagos and Edo.
Boeing reported a $5.4-billion third-quarter loss on Wednesday as massive added costs from the delayed certification of its 777X aircraft weighed down its results. In 2020, Boeing booked a $6.5 billion charge on the 777X, citing the lengthy FAA certification process and the pushing back of demand from airlines for the jet due to Covid-19.
Economy
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