Netflix Inc (NFLX.O) said on Tuesday it will invest $2.5 billion in South Korea over the next four years to produce Korean TV series, movies and unscripted shows, doubling its investment in the market since 2016.
While the big five oil companies registered record profits on the back of the energy crisis, relatively little will be reinvested in renewables as climate goals are slashed.
What are the perks and pitfalls of Dozy Mmubuosi owning Sheffield United amid his complaints against racism? Ayomide Sotubo and Lolade Adewuyi discuss its possibility and other footballing stories.
Man City was found culpable of 115 cases relating to Financial breaches; the case has been referred to the club to an independent commission over alleged rule breaches between 2009 and 2018.
12 Aug 2022
India is trying to strengthen its long-standing ties to countries on the continent as New Delhi attempts to catch up with China, which has emerged as Africa's largest trading partner.
6 Feb 2022
India's government has announced billions of euros worth of investment in infrastructure, as part of the country's recovery from the economic slump linked to the Covid-19 pandemic. The finance minister unveiled a public spending package totalling more than €470 billion for the next financial year, including money for roads and railways. Also today, we look at the New York Times' deal to buy the popular online game Wordle.
9 Dec 2021
Chinese private investment in Uganda is growing while Westerners are losing appetite to put money to work in the country, President Yoweri Museveni told Reuters, pledging to step up efforts to tackle corruption which has made slow progress. Museveni, in power since 1986 and one of Africa's longest-serving leaders, said Uganda was working to sign a number of deals with Chinese private sector lenders in sectors from agro- and fertilizer-processing, minerals processing or textiles.
21 Oct 2021
Experts question whether Google's planned $1 billion investment in Africa stands to benefit the continent in the long term. Instead, some see it as another avenue for big tech companies to acquire budding start-ups.
7 Oct 2021
Google CEO Sundar Pichai announces that the tech giant will invest $1 billion over the next five years to allow for faster and more affordable internet access and support entrepreneurship in Africa. Internet reliability is a problem in Africa where less than a third of the continent's 1.3 billion people are connected to broadband, according to the World Bank. But the continent, where nearly half the population is under 18, is a promising market.
22 Apr 2021
The United States is "falling behind" China in their competition to lead the world in the field of renewable energy, US Secretary of State Antony Blinken says during a speech in Annapolis, Maryland.
19 Feb 2021
Years ago, young Nigerians couldn't think of buying US stock. Now at the tap of a button on Bamboo, they can own a Tesla or Amazon stock. Co-founder of Bamboo, Yanmo Omorogbe speaks on how Bamboo grants quick and easy access to the US stock market.
15 Jan 2021
Nigeria, Africa's largest country by population is also forced to depend on the limited amount of Covid-19 vaccines produced internationally. Here are the reasons why Nigeria can’t produce COVID-19 vaccines now.