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China’s tech giants fall under regulator’s pressure

China's tech giants are coming under increasing pressure from regulators worried about their growing influence. By Monday, Tencent had shed more than $60bn (£42bn) from...

UK economy shrank 2.9% in January amid lockdown

UK goods exports to the European Union fell 40.7% in January, according to the Office for National Statistics (ONS), while imports tumbled 28.8%. The figures...

Warren Buffett finally joins exclusive $100bn club

Warren Buffett has finally joined the exclusive $100bn (£72bn) club that includes Elon Musk, Jeff Bezos and Bill Gates. The 90-year-old is the chairman of...

Cathay Pacific posts record $2.8bn loss for 2020

Hong Kong’s Cathay Pacific Airways has reported a record annual loss of $2.8bn (£2bn) for 2020. Its poor results were due to a sharp downturn...

UAE tycoon Prateek seeks to expand business empire in Kenya

United Arab Emirates based consumer electronics firm MASER has embarked on an elaborate business expansion plan that will see the company penetrate the African...

Giving biofortified foods a boost in Tanzania

Women are the backbone of African agriculture and have been unequally affected by the impacts of the COVID pandemic. And yet, despite the acknowledged...

Zoom founder Eric Yuan transfers $6bn of his shares

Zoom founder Eric Yuan has transferred about 18 million of his shares worth more than $6bn (£4.4bn), according to a regulatory filing. Mr Yuan, who...

Cultivate Africa’s Future initiative empowers women farmers

Since the onset of COVID-19, existing inequalities have been further exacerbated, as already vulnerable and marginalized groups are faced with additional challenges and even...

China rebounds with economic growth target above 6%

China is aiming for an economic growth rate above 6% in 2021, after scrapping its target last year. China's Premier Li Keqiang announced the target...

Amazon Fresh till-less grocery store opens in London

Amazon has opened a till-less grocery store in London - its first "just walk out" shop outside the US. Visitors to Amazon Fresh scan a...
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