Tag Archives: Investment

Tom Gerken Technology reporter Getty Images Saudi Arabia’s Public Investment Fund (PIF) will pay $3.5bn (£2.7bn) to buy the gaming division of developer Niantic, whose titles include the hit mobile game Pokémon Go. The game involves players walking around in the real world to hunt the collectable creatures, which appear on their phone screens using augmented reality. Despite launching almost …

Taiwan President Lai Ching-te said on Friday he would communicate more with the US over President Donald Trump’s concerns over the chip industry and invest more in the US hours after Trump ordered reciprocal tariffs on trade partners. ADVERTISEMENT Trump said on Thursday that Taiwan had taken away the US chip business and said that he wanted it back in …

Trump’s tariffs could derail Europe’s 2025 growth, say top Wall Street analysts. Goldman Sachs sees eurozone GDP at 0.7%, well below latest ECB projections. Key sectors such as cars and pharmaceuticals face risks, while a weaker euro may offer only limited relief. ADVERTISEMENT A fresh wave of trade uncertainty could hit Europe’s already sluggish economy, as leading US investment banks …

The global car maker Stellantis has announced that it would be heavily focusing on investing in its US operations in the coming future, in order to increase its sales volume and market share. ADVERTISEMENT Car giant Stellantis has revealed that it is preparing to invest more than $5 billion in the US. This is following the company’s chairman, John Elkann …

Where should savvy investors turn in 2025 for the perfect blend of charm and strong rental yields? Europe’s top cities offer postcard-worthy streets, vibrant culture, and serious profit potential. From hidden gems to well-known hubs, these hotspots are worth a closer look. ADVERTISEMENT What makes a city the ultimate destination for real estate investors? Is it the allure of cobblestone …

Comedian Emeke Erem aka Ajebo, says rather than splurging huge sums of money purchasing luxury cars in 2025, Nigerian artists should come together and build 20-50k capacity gigantic halls that will give them 100 times their investment.    According to him, Nigerian artists travel all over the world to perform in gigantic arenas and halls but when they come back …

The Economic and Financial Crimes Commission (EFCC) has arrested 792 foreign nationals for their alleged involvement in cryptocurrency investment fraud and romance scams, marking the largest such operation in the commission’s history.   The commission in a statement released aid among those arrested are 148 Chinese nationals, 40 Filipinos, two Khazartans, one Pakistani, and one Indonesian. The agency said the …

“If our competitiveness hinges on having the cheapest energy prices in the world, we have a problem,” E.ON’s CEO tells The Big Question. ADVERTISEMENT Imagine your local roads and how they can just about handle the amount of cars using them daily.  Now add 20 million more cars. Traffic jams, break downs and delays – problematic, right? That’s basically what …

Three Nigerian nationals have been indicted in the United States of America for their roles in a transnational internet-enabled investment fraud scheme, U.S. Attorney Philip R. Sellinger announced in a statement.    The United States Attorney’s Office for the District of New Jersey on Wednesday, December 11, 2024, unsealed charges against the Nigerian men, Augustine Chibuzo Onyeachonam, 30, Stanley Asiegbu, …

A Toronto resident who lost $355,000 in a romance cryptocurrency fraud was able to recover some of those funds after the Nigerian man, Omonkhoa Precious Afure, who was allegedly behind the scam was arrested, the Toronto Police Service (TPS) reveals.    LIB reported that Omonkhoa was arrested on November 8, 2021, in the Ikoyi area of Lagos, following credible intelligence …