BUSINESS Archives - Page 2 of 22

MDPMI Provisional Report Takes Aim at Tech Giants, Calls for Greater Accountability and Regulation

Eniola OladeleFebruary 25, 2025

by Eniola OladeleFebruary 25, 2025040

In a bold move that could reshape the global tech landscape, the provisional report from the Multi-Dimensional Policy and Monitoring Institute (MDPMI) has heavily criticized...

Flydubai Reports Strongest Financial Results in Its 15-Year History

Eniola OladeleFebruary 25, 2025

by Eniola OladeleFebruary 25, 2025041

Flydubai, the Dubai-based airline, has announced its strongest financial performance since its inception 15 years ago, marking a major milestone in its journey. The airline...

BUSINESS International News

Prosus to Acquire Just Eat Takeaway.com for €4.1 Billion: A New Era in the Global Food Delivery Industry

Eniola OladeleFebruary 24, 2025

by Eniola OladeleFebruary 24, 2025042

In a groundbreaking move set to reshape the global food delivery landscape, Dutch multinational technology investor Prosus has announced its acquisition of Just Eat Takeaway.com...

Aviation BUSINESS

Singapore Airlines Reports Record Q3 Net Profit, Boosted by Air India-Vistara Merger

Eniola OladeleFebruary 24, 2025

by Eniola OladeleFebruary 24, 2025037

Singapore Airlines (SIA) has announced a substantial increase in its net profit for the third quarter of the financial year 2024/25, more than doubling to...

Africa BUSINESS

Niger Strongly Supports Dasa Uranium Project, But Financing Talks Continue

Eniola OladeleFebruary 21, 2025

by Eniola OladeleFebruary 21, 2025045

Niger’s government has expressed strong support for the Dasa Uranium Project, a significant mining venture that promises to bolster the country’s position in the global...

Aviation BUSINESS

SalamAir Plans Ambitious Expansion, Seeks 10 Additional Airbus A320s to Enhance Fleet and Regional Connectivity

Eniola OladeleFebruary 21, 2025

by Eniola OladeleFebruary 21, 2025084

Oman’s leading budget airline, SalamAir, has unveiled an ambitious plan to expand its fleet with the addition of 10 new Airbus A320 aircraft, marking a...

Aviation BUSINESS

SF Airlines Celebrates Milestone with Delivery of 100th Boeing 767-300BCF Freighter, Expanding Its Global Logistics Network

Eniola OladeleFebruary 21, 2025

by Eniola OladeleFebruary 21, 2025042

In a significant achievement for the aviation and logistics industry, SF Airlines has proudly announced the delivery of its 100th Boeing 767-300BCF (Boeing Converted Freighter),...

Africa BUSINESS

Orano Eyes Mongolia as Promising New Source for Uranium Amid Global Supply Concerns

Eniola OladeleFebruary 20, 2025

by Eniola OladeleFebruary 20, 2025049

Orano, one of the world’s leading nuclear energy companies, has set its sights on Mongolia as a key source for uranium supply in the face...

Africa BUSINESS ECONOMY

Ethiopia Signs Memorandum of Understanding with ATIDI to Support PPP Renewable Energy Projects Addis Ababa, Ethiopia, 19 February, 2025

Eniola OladeleFebruary 19, 2025

by Eniola OladeleFebruary 19, 2025049

The Federal Democratic Republic of Ethiopia, represented by the Ministry of Finance and Ethiopian Electric Power (EEP), has signed a Memorandum of Understanding (MoU) with...

BUSINESS TECHNOLOGY

Dentsu X: Shaping the Future of Experiences

Eniola OladeleFebruary 19, 2025

by Eniola OladeleFebruary 19, 2025056

In today’s rapidly evolving world, where technological advancements and changing consumer expectations are at the forefront of business strategies, Dentsu X is carving its path...

Aviation BUSINESS

Air India Bolsters International Route Network in Summer Scheduling

Eniola OladeleFebruary 18, 2025

by Eniola OladeleFebruary 18, 2025050

In a strategic move aimed at expanding its global footprint and enhancing connectivity, Air India has announced a significant boost to its international route network...

BUSINESS Tourism

Rwanda Moves to Secure Contractor for $30M Five-Star Hotel in Southern Province

Eniola OladeleFebruary 15, 2025

by Eniola OladeleFebruary 15, 2025050

Rwanda is advancing efforts to secure a contractor for the construction of a $30 million five-star hotel in the Southern Province, a project aimed at...

BUSINESS Commerce

Trump Faces Critical Decision on Future of U.S. Jeans Production in Africa: A Turning Point for Global Trade and Jobs

Eniola OladeleFebruary 13, 2025

by Eniola OladeleFebruary 13, 2025056

As the deadline approaches for President Donald Trump’s decision on the future of U.S. jeans production in Africa, global trade experts, manufacturers, and workers are...

Africa BUSINESS ECONOMY

Nigeria Prepares to Receive First Ugandan Shipment Under AfCFTA

Eniola OladeleFebruary 12, 2025

by Eniola OladeleFebruary 12, 2025045

A landmark development for intra-African trade, Nigeria is set to receive its inaugural shipment of goods from Uganda under the African Continental Free Trade Area...

Africa BUSINESS

Kenya: KSh1 Billion Investment to Strengthen Power Supply in Western Region

Eniola OladeleFebruary 11, 2025February 11, 2025

by Eniola OladeleFebruary 11, 2025February 11, 2025051

Nairobi, Kenya – The Kenyan government, in collaboration with private sector partners, has announced a KSh1 billion investment aimed at enhancing power supply and reliability...

Africa BUSINESS

Uganda: President Museveni Meets EcoNetix Delegation to Explore Partnership on Uganda’s Carbon Market

Eniola OladeleFebruary 11, 2025

by Eniola OladeleFebruary 11, 2025046

Kampala, Uganda President Yoweri Museveni recently met with a delegation from EcoNetix, a company specializing in carbon market solutions, to discuss potential collaborations in Uganda’s...

BUSINESS International News

The Future of Legal Functions Within Big Business: Navigating Complexities in a Changing Corporate Landscape

Eniola OladeleFebruary 10, 2025

by Eniola OladeleFebruary 10, 2025049

As the global business environment becomes more interconnected and fast-paced, the role of the legal department within large corporations is evolving. In the past, legal...

BUSINESS International News

India Cuts Interest Rates for the First Time in Five Years: A Strategic Move to Boost Economic Growth Amidst Global Challenges

Eniola OladeleFebruary 7, 2025

by Eniola OladeleFebruary 7, 2025056

In a significant economic development, the Reserve Bank of India (RBI) has announced a reduction in interest rates for the first time in five years....

Aviation BUSINESS

Akasa Air Secures New Investment from Indian Investor Consortium: A Strategic Move to Strengthen its Market Position

Eniola OladeleFebruary 7, 2025

by Eniola OladeleFebruary 7, 2025062

In a significant development for the Indian aviation industry, Akasa Air, the low-cost airline founded by Rakesh Jhunjhunwala’s investment firm, has secured a substantial investment...

Aviation BUSINESS

Japan Airlines Group Sees Stronger Profitability in Q3 FY25 as Travel Demand Soars

Eniola OladeleFebruary 7, 2025

by Eniola OladeleFebruary 7, 20250105

TOKYO, JAPAN – February 7, 2025– Japan Airlines Group (JAL Group) has reported a remarkable surge in profitability for the third quarter of its fiscal...

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