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Business

76 Results / Page 1 of 9


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  • 3

Business

Rolls-Royce Records Highest First Quarter Sales

Oluwaseye Ogunsanya April 14, 2021

British luxury carmaker, Rolls-Royce, has delivered the highest-ever first quarter sales results in 2021, reporting a 62 per cent increase over the same period in 2020. This was made known in a statement on Tuesday signed by the General Manager, Marketing and Corporate Communications of Coscharis Group, the exclusive franchise […]

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  • 4

Business

Bitcoin Hits Record High Above $62,000

Oluwaseye Ogunsanya April 13, 2021

Bitcoin hit a record high above $62,000 on Tuesday as the cryptocurrency exchange Coinbase prepares to launch shares on Wall Street. Bitcoin reached $62,377, a huge gain of 114 percent since the beginning of the year. After crashing in 2018, the value of bitcoin rebounded and it has set records […]

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  • 8

Business

Clubhouse Floats Payments Feature For Creators

Oluwaseye Ogunsanya April 6, 2021

Audio-chat app Clubhouse said on Monday that it will launch a monetization feature for its creators on the platform and any payment won’t be received from it. According to Clubhouse, starting from Monday, all users will be able to send payments through the platform. The feature to receive payments will […]

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  • 3

Business

LG To Shut Down Mobile Phone Business

Oluwaseye Ogunsanya April 5, 2021

The South Korean electronics manufacturer, LG is closing its loss-making mobile phone business. This decision was approved by the company’s board of directors on Monday, LG Electronics said in a statement released in Seoul. The shutdown of LG’s mobile phone sector is expected to be finalised by the end of […]

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  • 7

Business

Okonjo-Iweala Seeks Debt Relief For Low-Income Countries To Boost Trade

Oluwaseye Ogunsanya March 31, 2021

The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, says multilateral debt relief for low-income countries will boost investment and trade globally. Okonjo-Iweala said this on Monday while speaking at a meeting with heads of state and government on the International Debt Architecture and Liquidity. Okonjo-Iweala recalled that the […]