Credit Suisse on Thursday reported a net loss of 353 million Swiss francs ($392.8 million) for the fourth quarter of 2020.The bank’s fourth-quarter report was better-than-expected although it had a ...
German sportswear company Adidas has unveiled its plans to sell the Reebok brand to help the company step up its competition in the American market. Adidas said further details of its new five-year st...
Warren Buffet’s Berkshire Hathaway (BRK) announced on Tuesday that it acquired an $8.6 billion stake in Verizon Communications (VZ) and $4.1 billion worth of shares in Chevron Corp. (CVX), according...
History has been made as the first African woman is appointed as the Director-General of the World Trade Organization.Nigeria’s ex-finance minister Ngozi Okonjo Iweala on Monday has been appointed t...
Ford on Wednesday unveiled its plans to target “all-electric” passenger vehicles by 2030. The automaker also said it will invest $1 billion in an EV production plant in Cologne, Germany to show it...
Elon Musks space travel company SpaceX recently completed a raise of $850 million placing the company’s valuation at nearly $74 billion, sources familiar with the matter told CNBC.SpaceX raised the ...
Morgan State University is introducing a new degree minor – African American and African Diaspora (AAAD)—to meet demand in ethnic studies, according to the educational institution.“Amid a growin...
Bumble Inc., a women-owned dating app recently raised $2.15 billion in its initial public offering. The company is set to expand the size of its listing and shares pricing above a marketed range.The o...
A few weeks back, Tessica Brown began trending on social media, after she released a viral video on TikTok and Instagram. In the short video, she revealed that she mistakenly used Gorilla Glue to lay ...
Disney announced last Thursday that its streaming service, Disney+ has passed 94.9 million subscribers. The announcement came alongside the earnings report for the quarter that ended December.Shortly ...