Category: Business News

Facebook’s parent company, whose shares have lost more than two-thirds of their value, said it also plans to cut discretionary spending and extend its hiring freeze through the first quarter.…

Tesla Inc shares have sunk to their lowest level in nearly two years after chief executive Elon Musk sold $3.95bn worth of shares in the electric-vehicle maker. The shares were…

It’s market day at Kimana market in Kajiado, south-western Kenya. Anxious farmers stand at different strategic points with their animals hoping to attract prospective buyers. In years gone by they…

Adidas has hired Puma head Bjorn Gulden as its new chief executive officer, adding a new chapter to the decades-old rivalry between the two German sportswear makers. The 57-year-old Norwegian…

The Namibian President Hage Geingob has accused wealthy nations of not being honest when talking about the fight against climate change. Speaking to the BBC at a side event at…

Instagram influencer from Nigeria has been jailed for more than 11 years in the US for his role in an international fraud syndicate. Hushpuppi, whose real name was Ramon Abbas,…

Elon Musk has said he will remove Twitter accounts that impersonate others amid a backlash over the billionaire’s decision to offer the platform’s blue check mark to all users for…

South Africa’s President Cyril Ramaphosa has denied wrongdoing in testimony to a parliamentary panel examining whether he should face impeachment over an alleged cover-up of a heist at his farmhouse,…

Russia’s previously secretive Wagner Group, a private mercenary force, has opened its first official headquarters in the Russian city of Saint Petersburg. The group, controlled by Yevgeny Prigozhin, a close…

Twitter will tell employees by email on Friday about whether they have been laid off, temporarily closing its offices and preventing staff access, following a week of uncertainty about the…