Business

The boss of Tesla and SpaceX, Elon Musk finally wants to proceed with the acquisition of Twitter, after having given up on a first takeover project on July 8. According to the initial terms, the company is valued at 44 billion dollars, or 54.20 dollars per share, American media Bloomberg …

Apple has removed VKontakte, Russian Facebook and all apps made by tech giant VK from App Store and announced the closure of VK Technology accounts. “In war as in war”. This is somewhat the explanation given by Apple to justify the removal of applications from the VK technology group from …

The Ethiopian government has terminated the prospecting contract with Chinese oil company Poly-PGL, saying it failed to meet the financial and technical terms of the deal. The company, part-owned by the Chinese government, has been drilling for oil and gas in the Ogaden Basin in eastern Ethiopia, the BBC reported. …

Suez Canal Authority (SCA) announced plans to raise fees for ships passing through the Suez Canal by 15% in 2023. According to Ossama Rabiee, Chairman and CEO of SCA, transit fees for bulk carriers and tourist vessels will see a 10% increase. He also stated that the increase is inevitable …

Amanda Booth, a Canadian jeweler, started her jewelry business using bodily fluids and ashes, breast milk, cremated remains of loved ones or pets, fur and strands of hair, spoon coffee sperm and polymer clay, all to make bracelets and jewelry. It all starts with an unusual request from a TikTok …

Ranked among the richest businesswomen in Cameroon, Françoise Puene, a former donut trader, is now at the head of Franco group, operating in hotel industry. Her fortune is estimated at billions of CFA francs. CEO of the Franco Group, her fortune is without mystery built under the sun in the …

Emirates airline will resume some flights to Nigeria this month after the Central Bank of Nigeria released a portion funds the Dubai airline had earned in the country but had not been able to repatriate, Reuters agency reported. An airline spokesperson said flights to Lagos will resume from Sept. 11, …

Alphabet Inc launched Google Wallet in South Africa on Tuesday, as the tech giant tries to gain a foothold in the country’s rapidly growing digital payments space, Reuters agency reported. The COVID-19 pandemic has accelerated the shift to digital transactions and people increasingly prefer making contactless payments via their smart …

Authorities in Japan are venturing down an unexpected path to make up for their budgetary shortfall: reviving alcohol consumption among young people. To achieve this goal, tax authorities launched a campaign to collect ideas from young people aged 20 to 39 to make the drink popular again. Decline in alcohol …

Emirates airline announced that it will suspend flights to Nigeria from the start of September as Nigeria has been unable to repatriate its money from Nigeria. The problem arose because Nigeria restricted access to foreign currency, Reuters news agency reports. In a statement, Emirates said it made considerable efforts to …