Square beats estimates as larger merchants join

The market for programmers is growing faster in Africa than in any other continent. Open-source code is popular because anyone can see and modify it for their own purposes.

The US aerospace giant said it is "keeping our customers and suppliers informed" about the new software issue. Aviation regulators have grounded the 737 Max across the globe after two deadly crashes.

Apple credits demand for the iPhone 11 for its record sales and profits.

Milan Fashion Week has kicked off, under the shadow of the coronavirus outbreak. Dozens of brands have warned their supply chains are at risk - and sales are slipping. Also in the show: France takes steps to close down its oldest nuclear power plant, and Airbus announces 2,300 job cuts in its defence and space unit.

The US leader sang the praises of Prime Minister Narendra Modi at a rally attended by more than 100,000 in India. Trump's visit comes as the two countries enjoy strengthened defense ties, but spar over trade tensions.

Traders at Nigeria’s forex market say they are anticipating a bi-weekly retail forex auction today. Femi Ogundimu, Fixed Income Trader at Access Bank joins CNBC Africa for a preview of today’s trading session at the money market here in Nigeria.

New car registrations in the European Union fell by 76 percent in April, the largest fall on record, as lockdown measures hit production and sales. Figures from the European Automobile Manufacturers Association show the slump was particularly pronounced in Spain and Italy, where registrations fell by over 97 percent. Also today, the UK saw a jump in unemployment claims in April, despite 7.5 million workers being covered by the British government's pandemic income support scheme.

South Africa lifted the ban on cigarette and alcohol sales almost five months after it had come into effect when the country went into a strict nationwide lockdown to stem the spread of coronavirus.

The online retail event known as Singles' Day has seen record-breaking sales, worth over €47 billion, on sites owned by China's Alibaba. The spending spree comes as Alibaba and other Chinese tech firms face new regulations from Beijing, designed to prevent unfair competition in the sector. Also, we look at the legal challenge being mounted by TikTok in the United States against executive orders forcing a restructuring of its ownership. A deal agreed with Oracle and Walmart is still awaiting approval from the US government.

Sony bets on pandemic gaming boom to boost new Playstation sales. Sony's newest game console, the Playstation 5, goes on sale today in countries including the US, Canada, Australia and Japan. The Japanese company is hoping for record sales, as gaming revenues have climbed during the coronavirus pandemic.

Eager gamers pick-up their PlayStation 5 orders from stores in Sydney but due to Covid-19 all consoles were sold through pre-orders and most delivered directly to people's homes. As a result the usual queues and campouts associated with the last generation of consoles were missing.

The civil suit brought forward by the DOJ accuses Walmart of knowingly filling thousands of invalid prescriptions. The retailer says it is in a no-win situation and wants the suit thrown out.