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Category Archive: Business, Featured

Uber Loses Its License To Operate In London

London’s transport regulator on Friday stripped Uber [UBER.UL] of its license to operate from the end of the month, affecting over 40,000 drivers in a huge blow to the taxi app. “Uber’s...

Facebook Donates $1 Million To Aid Victims Of Mexico Earthquake

Facebook says it will give $1 million to the Red Cross in Mexico to help rebuild areas that were decimated by a powerful earthquake this week. The tech giant said in addition to its gift to Cruz Roja...

Swiss Shut Down ‘Fake’ E-Coin In Latest Cryptocurrency Crackdown

Switzerland’s financial watchdog has closed down what it said was the provider of a fake cryptocurrency and is investigating around a dozen other possible fraud cases, in the latest clamp-down on...

Toyota President Says Will Continue To Make Variety Of Vehicle Types

Toyota Motor Corp (7203.T) President Akio Toyoda on Tuesday said his company would continue to make a variety of vehicle types available to customers, even as tighter global regulations are prompting...

With New Operating System, Apple Revamps Its Money-Making App Store

Apple Inc’s newest operating system for iPhones and iPads introduces changes to its marketplace for third-party software to satisfy app developers and add new so-called augmented reality apps. The...

Oil Edges Up As IEA Sees Higher Oil Demand, Shrinking Inventories

Oil prices ticked higher on Wednesday after the International Energy Agency said the global oil surplus was starting to shrink due to robust global demand and an output drop from OPEC and other...

Apple Launches $999 Iphone X In Bid To Regain Innovation Lead

Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a glass and stainless steel device with an edge-to-edge display that Chief Executive Tim Cook called “the biggest leap forward since...

Whatsapp Co-Founder Brian Acton To Leave Company

Brian Acton, co-founder of WhatsApp, now owned by Facebook Inc (FB.O), will leave the messaging service company to start a new foundation, he said in a Facebook post on Tuesday. Acton spent eight...

Wall Street Open Higher As Irma, North Korea Fears Ebb

Wall Street opened sharply higher on Monday on relief that Irma weakened to a tropical storm and North Korea did not conduct a nuclear test over the weekend as feared. The Dow Jones Industrial...

Enugu witnesses major breakthrough in Investment drive

…partners Chinese Firms on Industrial Hub   Enugu State Government Friday witnessed a major breakthrough in its efforts to attract foreign investments in the state, with the presentation of a N300...

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