Thirty six percent of working professionals in the UAE and 26 percent in Saudi Arabia would rather take a pay cut in exchange for more holiday time. An online study in the two countries by LinkedIn shows this number hits 38 percent and 22 percent among millennials and, for those aged between 54 and 74,[...]
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Amazon boss Jeff Bezos is the richest person in the world with a current net worth of $125 billion, according to the Bloomberg Billionaire Index. And he's investing much of his Amazon fortune in the development of space technologies through his aerospace company Blue Origin. Why? "Because I think it's important," Bezos tells Norah O'Donnell[...]
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In 2016, rapper Kanye West made headlines when he begged Facebook CEO Mark Zuckerberg via Twitter to invest $1 billion into his "ideas," because he was personally $53 million in debt. He never got it though! However, his lucky break has come from his apparel brand Yeezy is a billion-dollar empire, according to Forbes, and[...]
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Starting next year, the new rules in clean energy regarding the use of crude oil by shipping vessels will become law. The shipping industry will have to comply with rules that should dramatically reduce sulfur emissions. "It is the biggest change in oil market history," Steve Sawyer, senior analyst at energy consultant Facts Global Energy,[...]
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Billionaire blogger and media mogul Linda Ikeji attended the Access Bank Polo Tournament in London last weekend. She attended the event in the company of her sisters: Laura and Sandra Ikeji who are successful entrepreneurs as well. She looked breathtaking in a Chiarabonila dress adorned with Jimmy Choo shoes and a YSL bag. See photos[...]
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Allen Onyema, the chairman of Air Peace, says Nigeria does not need the assistance of any foreign airline to establish a new national carrier. Onyema made this statement while speaking at the 23rd annual conference of the League of Airports and Aviation Correspondents (LAAC) on Wednesday in Ikeja. He said the recent claim by Ethiopian[...]
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For the second time in seven years, Bill Gates, chairman of Microsoft, has moved a spot lower on the Bloomberg Billionaires’ Index. Bernard Arnault, chairman of LVMH (Moët Hennessy – Louis Vuitton), now occupies the second position after his net worth increased to $108 billion ahead of Gates’ $107 billion. This is the first time[...]
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The San Francisco Bay Area has overtaken New York City as the most accommodative place in the world to be a female entrepreneur, according to a new study. Efforts to eliminate the so-called bro culture, increased access to funding for women and ongoing techdevelopments were some of the ways in which the Bay Area leapfrogged[...]
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Huawei just announced Pre-Order for the HUAWEI Y9 Prime 2019, its latest smartphone that packs stunning innovations that won’t break the bank, is now available. Boasting an all-new bezel-less Ultra FullView Display, the latest from Huawei is a smartphone that packs some really unique and cool features. The all new HUAWEI Ultra FullView Display One[...]
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The last Beetles will be sold on Amazon.com in a move symbolizing the company's embrace of the future, Reiche said. Volkswagen rolled the last Beetle off the assembly line on Wednesday, the end of the road for a car that ran from Nazi Germany through hippie counterculture but failed to navigate a swerve in consumer tastes toward[...]
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The Central Bank of Nigeria says banks will no longer get interests on deposits above N2 billion. In a circular released by the financial markets department, the apex bank said the monetary policy committee will determine the interest for standing deposit facility of N2 billion. “With reference to the circular to all banks and discount[...]
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Thomas Cook could be sold to the Chinese in a bid to rescue the world's oldest package holiday group. The cash-strapped British travel favourite saw its shares crash 40 per cent this morning, after it admitted to 'advanced discussions' with its largest shareholder Fosun over a deal that would see the Chinese conglomerate seize control.[...]
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The award for the African Media Personality of the Year was conferred on Linda Ifeoma Ikeji at the 2019 African Achievers Awards which held in the UK. The award ceremony held last night, July 11, 2019, at the 9th edition of the African Achievers Awards annual lectures & Honours at the House of Commons, Palace of Westminster, United[...]
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Arthur Ryan, the founder, chairman, and former chief executive of Primark has passed away at the age of 83 after a short illness. Late Ryan was born in Dublin but went to London as a young man to work in tailoring. On his return to Ireland he continued to work in retail before he was taken[...]
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Founder of Eko Innovation Centre, Mr. Victor Afolabi has expressed his Centre’s readiness to support any ideas or concepts that have the capacity to impact at least 10 million people. Afolabi who disclosed this in Lagos during ‘An Evening of Conversation on Moral Leadership’ said that they are committed to incubating, accelerate, mentorship, funding innovation[...]
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Amazon turned 25 years old this week. In its quarter century of existence, it has created roughly a trillion dollars in shareholder value. Amazon dominates e-commerce, has the biggest cloud-computing infrastructure offering and leads the market for home assistants with its Alexa technology. Additionally, it has a burgeoning online ad business and is becoming a[...]
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The presidency announced this via Twitter on Wednesday. According to the tweet, Buhari will sign the agreement at the 12th Extraordinary Summit of the African Union scheduled to hold from July 4 to July 8 in Niamey, Niger Republic. His resolve to sign the treaty comes after “extensive domestic consultations”. In June, the presidential committee[...]
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The Central Bank of Nigeria (CBN) has made it mandatory for every microfinance bank branch to acquire 64 new customers monthly. This was contained in a circular issued to microfinance banks on the revised financial inclusion target. Going by the new BVN registration, each microfinance bank branch is expected to have 774 new bank branches[...]
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Tesla shares surged Tuesday after the electric auto maker said it shattered its previous production and delivery records during the second quarter, soundly beating analysts’ estimates. The company’s stock jumped by about 7% in after-market trading. Tesla also hinted at a strong third quarter, saying it’s entering the period with a backlog of orders. CEO[...]
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