businesspick

Warren Buffett said on Tuesday he has donated about $866 million of Berkshire Hathaway (BRKa.N) stock to four family charities, and told shareholders “I feel good” as he moves nearer…

OpenAI announced on Tuesday its co-founder Sam Altman will return as CEO, days after he was fired by the board. “We have reached an agreement in principle for Sam to…

The head of Germany’s drug regulator BfArM is considering an export ban on Novo Nordisk’s (NOVOb.CO) diabetes drug Ozempic, which is in high demand for its weight-loss benefits, to prevent…

France’s Renault (RENA.PA) has cut its stake in Nissan (7201.T) to 15 per cent from about 43 per cent by placing 28.4 per cent of the Japanese automaker in a…

British retailer Marks & Spencer reported a much better-than-expected 75 per cent rise in first-half profit and restored its dividend but cautioned the combination of high borrowing costs, erratic weather…

The Central Bank of Nigeria (CBN) has once again assured Nigerians that there are enough naira notes in the country and warned them not to panic. The apex bank, in…

Nigeria and France have signed an agreement worth about $600m under the investment in digital and creative enterprise, I-DICE in Abuja. According to both countries, the purpose of the programme,…

Google-parent Alphabet’s (GOOGL.O) cloud business crawled to its slowest in at least 11 quarters, sending the company’s stock down 5.7 per cent after hours, even as sales at rival Microsoft’s…

The Kenyan shilling sank to a new all-time low of 150 to the dollar on Monday, adding to the woes of people already battered by high inflation and a raft…

Social media platform X, formerly known as Twitter, said on Tuesday it will test a new subscription model under which it will charge a $1 annual fee for basic features.…