businesspick

American computer firm Dell said Monday that it will lay off some five percent of its global workforce, or around 6,650 employees, the latest casualties of a job-slashing wave hitting …

Oracle Corp (ORCL.N) plans to invest $1.5 billion in Saudi Arabia in the coming years as it builds up its cloud footprint in the kingdom and opens its third public …

Nissan (7201.T) and Renault (RENA.PA) on Monday unveiled details of their redesigned alliance, with the Japanese car maker committing to buy a stake of up to 15 per cent in …

Cryptocurrency exchange Kraken has shut its Abu Dhabi office less than a year after securing a license in the region, a spokesperson said on Thursday, as the company seeks to …

Tesla Inc raised prices in the United States of its best-selling vehicle, the Model Y, by $1,000 after the government raised the ceiling on the price of crossover electric vehicles …

Against the backdrop of the current hardship faced by citizens over the redesign of the new naira note, the Federal Government has stated it is concerned but describes the pain …

Bankrupt crypto exchange FTX sued crypto lender Voyager Digital on Monday, seeking to claw back $445.8 million in loan repayments that FTX made before collapsing into bankruptcy in November 2022. …

The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has expressed disapproval of the recent downgrade of Nigeria’s credit rating by Moody’s Investors Service. With the global credit …

Oil prices rose for a second session on Friday, buoyed by stronger than expected US economic growth, strong middle distillate refining margins and hopes of a rapid recovery in Chinese …

US Treasury Secretary Janet Yellen said Thursday that Washington would “deepen” its ties with African nations, as she wound up a continental tour in South Africa. Yellen arrived after stops …