A buyback, also known as a share repurchase, occurs when a company buys its own outstanding shares to reduce the number of shares available on the open market. Companies buy back shares for a number o...
LG is looking to shut down its entire line of mobile phones after failing to find a suitable buyer.The South-Korean company announced in January of 2021 that it was looking at the option of exiting th...
In less than a week, two shootings have occurred in the United States: first in Atlanta, and second in Boulder. It has been a dark moment for both cities.The deadly shootings at King Soopers grocery s...
British motor racing team, McLaren announced its latest signing of 13-year-old racing wonderkid, Ugochukwu Ugo, on its website on Monday.The company said it will work Ugochukwu through his development...
The second-largest cement company in Nigeria, BUA Cement, lost a total of N162.55 billion in the past week as its shares dropped by 4.8% on the Nigerian Stock Exchange.This saw the market capitalizati...
When two doctors, Lucas, and Pamela Wanga, decided to migrate from Nairobi Kenya to Minnesota in August of 1988, they didn't have the faintest idea that one of their daughters, Caroline Wanga, wo...
Saudi Aramco, one of the largest companies in the world by revenue saw its profit decline by 44% to $49 billion in 2020.The coronavirus pandemic wrecked the oil company's income as the ensuing lockdow...
With more innovations and strategic ideas springing up among fintech startups, digital banks are strongly advancing in the banking industry, swaying customers away from traditional banking as they pro...
Peloton's CEO said that a child was killed in an accident involving the company's treadmill. In a letter sent to all customers, the fitness company's CEO, John Foley said that they have been awar...
Nigerian booking-booking platform, Plentywaka has been accepted into the Techstars Toronto accelerator program, according to TechCrunch reports.In a bid to expand its operations from Nigeria to Canada...