Enterprise Limited (Enterprise Group) has informed the Ghana Stock Exchange of an impending transaction to introduce a new strategic partner in place of Salam Emerging Markets Proprietary Limited of South Africa in three of its subsidiary companies, namely Enterprise Life, Enterprise Insurance and Enterprise Trustees. Enterprise Group will retain its majority stake in each of … Read more
US auto maker Ford announced Thursday it will invest Can$500 million (US$376 million) in Canada to create 300 research and engineering jobs amid its drive to connect cars to the internet. The governments of Canada and Ontario province also pitched in with grants of Can$102.4 million each. The monies will go to support a new … Read more
Shares in Twitter have ended the day more than 12% lower after the company reported that its fourth-quarter losses had nearly doubled. The social networking service reported a loss of $167m (£133m) in the final three months of 2016, as against $90m in the same period a year earlier. There were 319 million active users, … Read more
Shares in Twitter are set to fall when Wall Street opens after it reported that its fourth-quarter losses had nearly doubled. The social networking service reported a loss of $167m (£133m) in the final three months of 2016, as against $90m in the same period a year earlier. Average active user numbers came in at … Read more
Canada’s main stock market in Toronto retreated on Thursday, as declines in materials and energy stocks outpaced gains in telecommunications. The Toronto Stock Exchange’s benchmark Standard & Poor’s/TSX Composite slipped 28.32 points, or 0.18 percent, to finish the session at 15,615.52 points. Six of the ten sub-groups ended the day in negative territory. The TSX … Read more
Yahoo Inc on Monday reported better-than-expected quarterly profit and revenue, and said the sale of its core internet business to Verizon Communications Inc should be completed in the second quarter, allaying some investor concerns that the deal might collapse. The $4.8 billion Verizon transaction had originally been expected to close in the first quarter but … Read more
Microsoft plans to tie executive bonuses to its goals regarding diversity after the tech giant reported, for the second consecutive year, a decline in the percentage of women working at the company. Women made up 25.8 percent of Microsoft’s global workforce at the end of September, a decline of 1 percent from the previous year, … Read more
U. S. stocks dropped on Tuesday as investors fretted about Britain’s exit from the European Union and the prospect of a Federal Reserve interest rate hike in coming months. It was the second straight session of losses on Wall Street, where investors were already on edge due to the uncertainty of a tight race ahead … Read more