Flagship Asset Management’s Philip Short Blue Label Telecoms’ share price has plunged more than a quarter in the past two days after its annual results, published on Tuesday, appeared to disappoint investors. Philip Short of Flagship Asset Management has been particularly bullish about the prospects for Blue Label, in large part because of the emerging…
Spotify will raise prices as it invests in new features and targets a billion users, the Financial Times reported on Sunday, citing the music streaming provider’s co-president and chief business officer, Alex Norstrom. The increases would be accompanied by planned new services and features, the FT cited Norstrom as saying in an interview. Earlier in…
Standard Chartered has raised its year-end target for ether to US$7 500 from $4 000, citing improvement in industry engagement and uptick in holdings of the cryptocurrency in recent months. The brokerage’s new year-end target represents a premium of near 60% from ether’s more than 3-1/2 year high of $4 700 on Wednesday. The world’s second largest cryptocurrency…
CHONGQING, CHINA – JULY 17: In this photo illustration, a person holds a physical representation of a Bitcoin (BTC) coin in front of a screen displaying a candlestick chart of Bitcoin’s latest price movements on July 17, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty…
The chief economist of the Food and Agriculture Organization (FAO), Máximo Torero Cullen, previewed its annual State of Food Security and Nutrition in the World (SOFI) report in a briefing on Tuesday to journalists at UN Headquarters in New York. The report, to be released later this month, reveals how between 2020 and 2024, the…
Report finds extreme climate events linked to price hikes for rice, corn, cocoa, coffee, potatoes and other food items. South Korean cabbage, Australian lettuce, Japanese rice, Brazilian coffee and Ghanaian cocoa are among the many foods that have been hit by price hikes following extreme climate events since 2022, a team of international scientists has…
The urban skyline and cityscape in Shanghai China. Lu Shaoji | Moment | Getty Images BEIJING — From coffee to cars to real estate, there’s a recurring pattern in China: companies rush into an industry, then resort to discounts to stay afloat. That has economists worried. Natixis’ study of 2,500 listed Chinese companies reinforce how…
ZADNA CEO Molehe Wesi. (Photograph by Lesley Moyo) The ZA Domain Name Authority (ZADNA) will implement its previously announced Consumer Price Index (CPI)-linked registry fee adjustment, effective 1 October, it said yesterday. The move, it says, follows the public consultation process conducted in 2024, and is aligned with its multi-year pricing projection strategy. “Starting 1…
Samsung rolls out its thinnest and lightest foldable in the Galaxy Z Fold series. South Korean electronics giant Samsung has rolled out the latest flagship smartphones in its foldables portfolio, including one with a “better” price point. While it usually offers two foldable devices, for the seventh iteration, the smartphone maker unveiled the Galaxy Z…
Netflix began its Africa operations in South Africa in 2016. When the US streaming giant announced it was setting up shop in Nigeria in 2020, many west African film-makers, writers, artists and media audiences were jubilant. Finally, west Africa’s creativity and brilliance would be formally recognised on the world stage. Netflix Naija’s purpose was to…
