15.9 C
London
Saturday, July 18, 2026

Money

AI Boom Keeps Air Cargo Capacity Tight — What It Means for Africa

Artificial intelligence has quietly become the most powerful force in global air freight. What began as a niche flow of servers and networking gear out of Taiwan has, over the...

Why CMA CGM’s $1.4 Billion FedEx Supply Chain Deal Could Reshape Global Logistics

Oslo,July 3, 2026: Container shipping giant CMA CGM Group has confirmed a deal to acquire FedEx Supply Chain,...

AfCFTA in 2026: How Africa’s Free Trade Area Is Transforming Business and Investment

For most of its existence, the African Continental Free Trade Area (AfCFTA) has been described in the conditional...

Kroger’s $1.65 Billion Giant Eagle Acquisition: What It Means for Grocery Logistics and Supply Chains

July 1, 2026-The Kroger Co. (NYSE: KR) announced on July 1, 2026 that it has signed a definitive...

Dow, S&P 500, Nasdaq Jump: US Stocks Rally as US–Iran Deal Eases Oil and Supply Chain Pressures

US stock markets surged on Monday after investors welcomed a breakthrough US–Iran agreement aimed at ending hostilities and...

Canada Post Implements 25% Increase in Stamp Prices, Effective Today

Canada Post has officially raised its stamp prices by 25%, a change that takes effect today, January 13, 2025....

Trump Media Shares Soar 14% Ahead of Presidential Inauguration

Shares of Trump Media & Technology Group (NASDAQ: DJT) surged more than 14% on January 13, 2025, as investors...

Omni Hotels Owner Refinances Nashville Property for $300 Million

Omni Hotels & Resorts, under the ownership of TRT Holdings, has successfully secured $300 million in refinancing for its...

Jennifer Rubin Resigns from The Washington Post, Joins Substack with New Venture

  In a significant shake-up in the media landscape, prominent columnist Jennifer Rubin has announced her resignation from The Washington...

OpenAI Unveils Bold “Economic Blueprint” to Secure U.S. AI Leadership

OpenAI has unveiled a comprehensive "Economic Blueprint" aimed at strengthening the United States' leadership in artificial intelligence (AI). In...

Sonos CEO Patrick Spence Steps Down Amid App Controversy

Sonos, the renowned audio technology company, has announced that CEO Patrick Spence has stepped down following a series of...

IRS to Distribute $2.4 Billion in Payments to Taxpayers Who Missed Recovery Rebate Credit...

The Internal Revenue Service (IRS) is set to distribute approximately $2.4 billion in special payments to roughly one million...

Lululemon’s Stock Surges After Strong Holiday Sales Drive Up Earnings Outlook

Lululemon Athletica's stock saw a notable surge on Monday, with shares rising approximately 2.7% in early trading, following an...

Johnson & Johnson to Acquire Intra-Cellular Therapies in $14.6 Billion Deal

Johnson & Johnson (J&J) has announced a definitive agreement to acquire Intra-Cellular Therapies, a leading biopharmaceutical company specializing in...

Bill Ackman’s Pershing Square Moves to Acquire Howard Hughes Holdings

Bill Ackman, the billionaire investor and CEO of Pershing Square Capital Management, has announced plans to consolidate ownership of...

Donald Trump Jr. Joins Kalshi as Strategic Adviser, Betting on the Future of Prediction...

Donald Trump Jr., the eldest son of former President Donald Trump, has joined Kalshi, a cutting-edge prediction market platform,...

Moderna’s Stock Plunges 18% as Company Slashes 2025 Sales Forecast by $1 Billion

Moderna’s stock plummeted by 18% on Friday after the biotech giant announced a significant reduction in its 2025 sales...

PHARMA lOGISTICS