Business

Moody's says 'unprecedented' AI spending threatens credit quality of Amazon, Meta, Alphabet and others

Moody's said AI spending is forcing even the world's most cash-rich corporations to lean heavily on debt, stock sales and off-balance-sheet moves.

Trump threatens EU with ‘substantial’ tariffs over fines of US tech giants

After Google fined €890m by EU, US president said Europe is ‘robbing’ American companies and the US taxpayer What to know about Trump’s new tariffs on more than 80 countries Donald Trump has threatened the European Union with “substantial”…

Trump threatens new EU tariffs in retaliation for fines on US tech groups

President says Washington will launch new probe into the bloc that could sharpen trade tensions

Qualcomm tells customers of double-digit price increases, Bloomberg News reports

Trader who successfully shorted Tesla into earnings now sets sights on this high flyer

The bearish Tesla set-up we flagged ahead of Wednesday's report has delivered most of what it can.

SpaceX is banking on a successful Starship launch to stem the stock’s bleeding

The newest timeline has Starship due to take flight on Friday.

Your votes will count in 2027, INEC chair assures Nigerians

INEC Chairman, Prof. Joash Amupitan, assures Nigerians their votes will count in the 2027 elections, confirming dates for presidential and governorship pol Read More…

Don’t rush to save Social Security, AARP tells Congress: ‘It should be debated openly

The Promise Act would curtail proper debate, the senior-focused organization said.

Water bosses’ total pay rises despite bonus ban and public fury over sewage

Exclusive: Eight companies expect to be covered by the ban for 2025-26, the Guardian can reveal Water company bosses’ total pay rose over the past year despite a government bonus ban and public outrage over pollution and bills, the…

Ethiopia: U.S.-Ethiopia Public Private Dialogue to Benefit U.S. and Ethiopian Businesses and Economic Growth

[U.S. Embassy Addis Ababa] Addis Ababa -- U.S. Ambassador to Ethiopia Ervin J. Massinga co-chaired a Public-Private Dialogue (PPD) with Ethiopian Investment Commission (EIC) Commissioner Dr. Zeleke Temesgen and Chief Macroeconomic Advisor…

Meta adds new task automation features to AI assistant

Africa: Nigeria Emerging As Africa's Renewable Energy Knowledge Hub, By Abba Aliyu

[Premium Times] Today, our nation is being recognised across the African continent and beyond as a premier pioneer and leader in renewable energy innovation.