Banking and FinanceTop StoriesBiden nominee Michael Barr approved by Senate as Fed vice-chairmanGBO CorrespondentJune 9, 2022 GBO CorrespondentJune 9, 202201471 The Senate Banking Committee voted 17-7 on Wednesday to confirm Barr.
TechnologyTop StoriesApple redesigns iPhone lock screen, introduces ‘buy now, pay later’ featureGBO CorrespondentJune 9, 2022 GBO CorrespondentJune 9, 202202060 Consumers may avail four-month interest-free loan on purchases made with Apple Pay service.
AviationTop StoriesCash-starved South African carrier Comair to shut downGBO CorrespondentJune 8, 2022June 8, 2022 GBO CorrespondentJune 8, 2022June 8, 202201809 Comair will not resume operations without adequate resources.
BusinessTop StoriesSony’s high-end electric car to feature paid entertainment: YoshidaGBO CorrespondentJune 8, 2022June 8, 2022 GBO CorrespondentJune 8, 2022June 8, 202201689 Sony and Honda had announced a joint venture to offer electric vehicles from 2025.
TechnologyTop StoriesAmazon consumer business CEO Dave Clark resignsGBO CorrespondentJune 7, 2022June 7, 2022 GBO CorrespondentJune 7, 2022June 7, 202201527 Dave Clark will leave Amazon on July 1, after 23 years of service.
TechnologyTop StoriesVirtual reality brings smiles to elderly in Nigeria’s retirement homesGBO CorrespondentJune 7, 2022June 7, 2022 GBO CorrespondentJune 7, 2022June 7, 202202154 Kunle Adewale is a visual artist who specializes in therapeutic art.
EconomyTop StoriesBritain’s poorest household won’t get energy bill subsidiesGBO CorrespondentJune 6, 2022June 6, 2022 GBO CorrespondentJune 6, 2022June 6, 202201399 Calls for the government to take immediate action on the cost of living which has reached its highest level.
Banking and FinanceTop StoriesUK Credit card borrowing rises at its fastest in 17 yearsGBO CorrespondentJune 6, 2022 GBO CorrespondentJune 6, 202201611 In April, the annual growth rate for credit card borrowing hit 11.6%, which is the highest figure since November 2005.
BusinessTop StoriesFord CEO foresees price war as EV costs declineGBO CorrespondentJune 3, 2022June 3, 2022 GBO CorrespondentJune 3, 2022June 3, 202201397 Farley estimates manufacturing material costs to drop to $18,000
EconomyTop StoriesAfrica adopts decades-old ‘sachetisation’ business methodGBO CorrespondentJune 3, 2022June 3, 2022 GBO CorrespondentJune 3, 2022June 3, 202203039 Economic instability and falling purchasing power has forced businesses to rethink strategies.