Nairobi — The global economy is being stress-tested — not by a lack of demand or capital, but by the vulnerability of the routes that connect them. From the Strait of Hormuz to the Bab al-Mandab, a handful of narrow chokepoints carry a disproportionate share of the world’s energy, goods and trade. Today, that system…
Elon Musk arrives at federal court on March 4, 2026 in San Francisco, California. Josh Edelson | Getty Images A jury in California found that Elon Musk defrauded Twitter shareholders during the runup to his $44 billion acquisition of the social media company, according to a verdict issued on Friday. Total damages could reach up…
Nvidia delivered another set of record-breaking results for its January quarter on Wednesday, bolstered by the relentless demand from “Big Tech” for its specialized AI processors. The company posted a 94% increase in sales, reaching $68.1 billion, and projected current-quarter revenue of approximately $78 billion, comfortably exceeding market expectations of $72.6 billion. Read: The new…
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on January 23, 2026. Timothy A. Clary | Afp | Getty Images U.S. Treasury yields inched lower on Tuesday as investors looked ahead to more delayed data releases during the holiday-shortened trading week. The 10-year Treasury yield…
In a final act to a long-running geopolitical drama, TikTok has officially closed a deal to divest its U.S. operations. The agreement, finalized just hours before the Trump Administration’s ban deadline, sees parent company ByteDance shift to a minority position, retaining only a 20% stake in the new entity. The remaining 80% ownership is now…
People celebrate the New Year at a ceremony at the Juyongguan Great Wall section, also known as Juyong Pass, in Beijing, China, January 1, 2026. Maxim Shemetov | Reuters Asia-Pacific markets mostly slipped Monday, as investors assessed threats from the Trump administration toward Greenland over the weekend and looked toward key economic data from China….
A man walks past a TSMC logo at Hsinchu Science Park in Hsinchu, Taiwan April 15, 2025. Ann Wang | Reuters Thursday offered markets a rare respite from nonstop geopolitical upheaval. Yet the week’s headlines still reflected larger global dynamics. Case in point: Taiwan’s $250 billion investment in chip production in the U.S. is not…
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets fell Monday, after Wall Street declined Friday stateside as investors took a breather from the AI trade. “[Friday] is a value-outperforms-growth day,” said Jed Ellerbroek, portfolio manager at…
The Magnificent Seven shares are worth more than $20 trillion. (Graphic by Nicola Mawson) Share prices of the so-called “Magnificent Seven” stocks – Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA and Tesla – have soared since they listed, even when accounting for share splits that have diluted their values over the years. Every one of…
Africa’s efforts to scale up clean energy are being held back by financing rules that do not align with the needs of mid-sized renewable projects, according to investors and developers. They say current lending systems are designed for large-scale infrastructure, leaving smaller ventures struggling to move forward. Speaking at the Africa Investment Forum on November…
