US President Donald Trump speaks to reporters while in flight on Air Force One, traveling from Shannon, Ireland en route Joint Base Andrews in Maryland on January 22, 2026. Mandel Ngan | Afp | Getty Images U.S. President Donald Trump‘s warning that a U.S. “armada” is heading toward Iran has deepened concern of potential military…
Africa’s oil and gas sector ended 2025 on a stronger footing than expected, despite lower crude prices and continued pressure from environmental groups and global investors. Several delayed or suspended projects moved forward, signaling renewed momentum across key producing countries. TotalEnergies is set for a rebound after its African output fell from 705,000 barrels of…
Samsung Mobile’s TM Roh Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a year earlier to a record high as tight supply and a surge in artificial intelligence-driven demand stoked prices for conventional memory chips. The results highlight how chip prices have rocketed as chipmakers scramble to keep up with…
Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images South Korea’s Samsung Electronics expects its profits to triple in the final three months of last year, reaching a record high, as memory prices surge amid booming demand tied to artificial intelligence. The world’s largest memory…
Abuja — Oil prices fell yesterday as adequate global supplies offset concerns about supply disruptions due to the US capture of Venezuelan President Nicolas Maduro in an audacious raid over the weekend. Nigeria’s benchmark, Brent crude futures, were down 50 cents, or 0.8 per cent, to $60.26 a barrel, while US West Texas Intermediate (WTI)…
Oil prices rose Sunday as investors and traders weighed the market forces that could be unleashed by President Donald Trump’s attack on Venezuela and his comments about what could be next for the country and its massive oil reserves. U.S. crude oil, known by traders as West Texas Intermediate, fell initially before it rose around…
Global cocoa prices have come down after two years of rising costs. At the end of 2024, the price of cocoa almost hit US$12 000 per tonne. Now, it has dropped to around US$5 000 per tonne. That is a drop of more than 50% in just one year. Follow us on WhatsApp | LinkedIn…
Public pressure has forced Fifa to introduce a cheaper ticket tier for the fast-approaching 2026 soccer World Cup. This revision will see a selected number of supporters from various qualified countries pay just $60 (approximately) for matches at the tournament. About three years ago, Fifa president Gianni Infantino delivered a moving monologue on the importance…
An acute global shortage of memory chips is forcing AI and consumer electronics companies to fight for dwindling supplies, as prices soar for the unglamorous but essential components. Japanese electronics stores have begun limiting how many hard disk drives shoppers can buy. Chinese smartphone makers are warning of price increases. Tech giants including Microsoft, Google…
Retailer Mr Price Group’s venture into telecommunications – which comprises mobile phone and accessory sales as well as the Mr Price Mobile MVNO offering – is paying off, with double-digit growth reported for the 26 weeks to end-September 2025. “The telecoms segment continued its trend of delivering double-digit sales growth of 12.4% to R678-million and…
