market - eriinfo

Yubico Appoints Poupak Modirassari Enbom as Chief Marketing Officer to Accelerate Global Momentum and Drive Market Leadership

eriinfo.com4 months ago03 mins

Yubico (NASDAQ STOCKHOLM: YUBICO), the creator of the most secure passkeys and a leading provider of hardware authentication security keys, today announced the appointment of Poupak Enbom as Chief Marketing Officer (CMO). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260330278027/en/ Enbom joins Yubico at a pivotal moment as organizations worldwide accelerate the…

Eli Lilly reaches deal to bring AI-developed drugs to global market

eriinfo.com4 months ago04 mins

A drone view shows the Eli Lilly logo on the company’s office in San Diego, California, Nov. 21, 2025. Mike Blake | Reuters BEIJING — U.S. pharmaceutical giant Eli Lilly has reached a $2.75 billion deal to bring drugs developed using artificial intelligence by Hong Kong-based Insilico Medicine to the global market. The agreement will give Insilico…

Setback for South Africa’s electricity market reform

eriinfo.com4 months ago03 mins

The launch of South Africa’s wholesale electricity market has been pushed back from 1 April to the third quarter of 2026, the National Transmission Company South Africa (NTCSA) said on Thursday. The NTCSA said “additional work” is required to ensure that all market, operational and regulatory requirements are in place, but in a statement on…

Trump says oil and stock market reaction to Iran conflict not as severe as he expected

eriinfo.com4 months ago03 mins

President Donald Trump said Thursday that neither the spike in oil prices nor the slump in the stock market during the Iran war were as bad he had anticipated. In a Cabinet meeting, Trump expressed confidence in the war effort and said the economic damage will reverse. Addressing Treasury Secretary Scott Bessent, the president said…

U.S. to bring more diesel to market to address fuel prices: Wright

eriinfo.com4 months ago05 mins

HOUSTON — The Trump administration plans to bring additional diesel to the market as fuel prices surge, Energy Secretary Chris Wright told CNBC on Monday. “We do have some ideas on diesel, that we can bring extra diesel to the marketplace,” Wright told CNBC’s Brian Sullivan in an interview. “I think we’ll see that happen…

Africa: Zero Tariffs, Shared Growth: Why China’s Market Opening Matters for Africa

eriinfo.com4 months ago09 mins

China’s decision to open its market to 53 African countries with zero tariffs starting in May 2026 is not just another trade announcement. It is a statement of intent. At a time when global trade is increasingly shaped by rivalry, protectionism and shifting alliances, Beijing is signalling that Africa remains central to its economic diplomacy….

Amazon set to take another shot at the smartphone market

eriinfo.com4 months ago012 mins

Amazon founder Jeff Bezos. Remo Casilli/Reuters In 2014, Amazon introduced its first smartphone, hoping to take on Apple and Samsung. Instead, the Fire Phone, overseen directly by founder Jeff Bezos, was scrapped in barely over a year, one of Amazon’s highest-profile flops. Now, Amazon is dialling up a new phone. The latest effort, known internally…

SA banks escalate digital push to gain market share

eriinfo.com4 months ago06 mins

Scaling AI responsibly remains an ongoing challenge for banks. (Image created via ChatGPT) South Africa’s top banks are intensifying their digital arms race, with client acquisition and transaction volumes continuing to increase, driven by mobile-first platforms. This is according to PwC’s Major Banks Analysis, which provides an overview of how local banks are leveraging technology…

Oil above 0 as as market shrugs off U.S. measures to reduce prices

Oil above $100 as as market shrugs off U.S. measures to reduce prices

eriinfo.com4 months ago06 mins

The Callisto tanker sits anchored in Port Sultan Qaboos as the traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 12, 2026. Benoit Tessier | Reuters Brent crude oil held above $100 on Friday as the Iran war heads toward its third week, with oil tanker…

Standard Bank sees digital gains in SA market

eriinfo.com4 months ago03 mins

Sim Tshabalala, Standard Bank Group CEO. Standard Bank Group witnessed growth in digital retail clients in South Africa, for the 2025 financial year. This, as the JSE-listed financial services group reported headline earnings of R49.2 billion and delivered a return on equity of 19.3%. According to results released today, the bank’s digital retail clients grew…