world business news

The United Kingdom’s Brexit plans hit another major bump Friday when global aviation giant Airbus threatened to pull out of the country … Read more via More Top Stories – https://ift.tt/2tqOhiM Get more: Nigeria Business News

Google is set to open an AI research centre in Accra, Ghana later this year and will bring top machine learning researchers and engineers in the centre. According to the firm, “Today, we’re announcing a Google AI research center in Africa, which will open later this year in Accra, Ghana. We’ll...

Microsoft’s $7.5 billion acquisition of GitHub is a perfect illustration of how value is ascribed differently in Silicon Valley than in the rest of the world. GitHub was acquired for close to 30x annual recurring revenue (an astronomical multiple). To put this in perspective, Microsoft acquired...

Ethiopia, a market of a hundred million people is opening up to the world by allowing foreign participation in its successful state-owned telecommunications company and airline for the first time. The country will sell minority stakes to foreign and domestic investors in state monopolies …...

Oil prices steadied near three and a half-year high yesterday at $77.47 a barrel as the prospect of new United States sanctions on Iran tightened the outlook for Middle East supply at a time when global crude production is only just keeping pace with rising demand. This is coming as Forte Oil...

While Broadcom’s foiled $130 billion take over of its rival Qualcomm captured the attention of the tech industry, it wasn’t the only acquisition on the docket for the first quarter. Deal value in Q1 was up 36% from the year before and deal volume was up just 4%, … Read more via Business...

Google must deposit the fine within 60 days Google has been fined 1.36bn rupees (£15.2m; $21.2m) by India’s competition regulator for abusing its dominance in the country. Users searching flight details were directed to Google’s own flight search page, the Competition Commission … Read more...