Global stocks in meltdown as Wall Street bails out of crypto and AI: ‘The bubbly is on ice’
Global stock markets are seeing sharp declines and bitcoin has lost this year’s gains as worries intensify that the AI (artificial intelligence) […]
Bitcoin heading for worst month since crypto collapse of 2022.
Bitcoin is on track for its worst monthly performance since a string of corporate collapses rocked the wider crypto sector in 2022. […]
Africa’s $100bn credit gap pushes banks, fintechs into unlikely partnerships.
Africa’s estimated $100 billion credit shortfall for small and medium enterprises is forcing banks, telecom operators, and fintech startups into deeper and […]
Gold dips as dollar gains, traders dial back US rate-cut bets
Gold prices edged lower on Thursday, weighed down by a stronger dollar and reduced expectations for a Federal Reserve rate cut in […]
US trade deficit narrowed in August after global tariffs set in
The US trade deficit shrank in August as a slew of global tariff rates from President Donald Trump kicked in, official data […]
Crypto investors pull $1.1tn as Trump Bitcoin boom fades.
Nearly $1.1 trillion has been pulled from cryptocurrency markets in a matter of weeks as investors lose faith in Donald Trump’s bid […]
Bitcoin falls below $95,000 amid tech sell-off, bounces off lows on Friday
Bitcoin dipped below $95,000 on Friday, pushing the world’s oldest cryptocurrency further into the red and continuing its four-day decline amid a […]
Kenya discovers largest gold deposit in decades, worth an estimated US$5.29 billion.
Kenya is on the verge of a major economic breakthrough following the discovery of its largest gold deposits in decades, valued at […]
Africa’s diamond powerhouses, Angola and Botswana are in talks to take over the world’s biggest mining brand.
Africa’s leading diamond powerhouses, Botswana and Angola, have opened discussions to acquire control of the world’s largest and most recognizable mining brand, […]
Vedanta invests $1.5 bn to launch CopperTech Metals, boost US copper supply.
Vedanta Resources has announced plans to launch a US-based subsidiary CopperTech Metals, which would in turn own and operate its Konkola Copper […]
Tesla shareholders approve Musk’s $1 trillion pay package.
Tesla shareholders on Thursday overwhelmingly endorsed a massive pay package for CEO Elon Musk that could reach $1 trillion. The pay package […]