45m ago Fighting intensifies in Yemen after Houthis expand control of key shipping lane The conflict in Yemen intensified on Sunday as government forces launched attacks against Iran-backed Houthi rebels along the Red Sea coast, and the Houthis fired into neighboring Saudi Arabia, which supports Yemen’s government. Yemen’s government vowed to send more forces…
Airtel Africa Plc has recorded a strong start to its 2026/27 financial year, with revenue climbing 31% on the back of rising customer demand for data and mobile money services, the company has announced. For the quarter ended 30 June 2026, the telecommunications and mobile money giant posted revenue of $1.853 billion, up 31.0% from…
Kuaishou headquarters is pictured on November 5, 2020, in Beijing, China. VCG | Visual China Group | Getty Images Kuaishou Technology shares rose nearly 7% Friday before trimming gains, after the company announced a capital injection of nearly $2.8 billion into its artificial intelligence subsidiary, Kling AI, with backing from tech giant Tencent. The Beijing-based short video…
Naspers reported an 84% increase in profitability for the year ended 31 March 2026, supported by growth across its digital platforms portfolio and continued investment in artificial intelligence. Naspers’ logo is pictured on a smartphone in this illustration taken, 4 December 2021. Reuters/Dado Ruvic/Illustration The group said ecosystem adjusted EBITDA increased to $1.3bn, while free…
A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Hong Kong-listed shares of Baidu surged more than 7% Monday on reports that its artificial intelligence chip unit Kunlunxin…
The Brugge oil tanker anchored off the Port of Long Beach in Long Beach, California, US, on Thursday, May 7, 2026. Tim Rue | Bloomberg | Getty Images U.S. oil prices jumped 5% Monday after President Donald Trump told CNBC he did not care if talks with Iran come to an end. West Texas Intermediate…
The price of oil rose sharply on Monday, after Iranian government-aligned media reported that the country was cutting off talks with the United States to end the ongoing war. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. U.S. crude oil soared as much as 8.5% to nearly $95…
People walk past a sign for Novo Nordisk’s annual general meeting at the entrance to the venue in Copenhagen, Denmark, March 26, 2026. Tom Little | Reuters Novo Nordisk hiked its annual profit guidance on Wednesday, as the drugmaker said its Wegovy weight-loss pill performed better than expected in the first three months of the…
Vodacom CEO Shameel Joosub. (Graphic: Nicola Mawson with official images) Vodacom, SA’s largest mobile network provider, predicts that earnings and headline earnings per share will increase by between 20% and 25% for the year to March, in line with its Vision 2030 ambitions. As of mid-morning, its share price was up 3.15%. Over five years,…
On Monday morning, Brent crude climbed 9 per cent to $79.41 per barrel from $72.87 on Friday — a seven-month high — based on figures from FactSet. Oil prices surged on Monday while global equities slid, as escalating hostilities between the United States, Israel, and Iran rattled energy markets and heightened fears of a prolonged…
